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Friday 6 November 2026 Export LIN’s income statement to Excel — free account

Linde PLC

LIN Basic Materials Specialty Chemicals

Linde PLC’s revenue for fiscal 2025 (year ended December 2025) was $34.0 billion, up 2.97% from fiscal 2024.

Revenue
+9.16%
EPS
−8.09%
Free cash flow
+6.28%
Total debt
+3.00%

Quarter to September 2026, against a year earlier

519.82 1.41 −0.27%
Market cap
$239.3B
P/E
34.2×
Fwd P/E
31.6×
Dividend yield
1.21%
F-score
6/9
Altman Z
3.52
Beneish M
−2.63
Dividend safety
77/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
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Linde PLC (LIN) Operating margin

Alert me on Operating margin

Linde PLC's operating margin over the twelve months to 30 September 2026 was 25.3%, down 1.0 percentage points from fiscal 2025 (26.3%). Over the past ten years it has ranged from 10.4% (fiscal 2019) to 35.4% (fiscal 2018); the current reading is higher than 91% of that period. That is above the Specialty Chemicals industry median of 5.64% and above the Basic Materials sector median of 2.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 26.3% 0.09
FY2024 26.2% 1.74
FY2023 24.4% 8.33
FY2022 16.1% (0.10)
FY2021 16.2% 4.00
FY2020 12.2% 1.80
FY2019 10.4% (24.98)
FY2018 35.4% 13.85
FY2017 21.5% 0.19
FY2016 21.3% (0.21)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 22.9% (4.63)
Jun 2026 27.5% (0.29)
Mar 2026 27.8% 4.75
Dec 2025 23.0% (4.45)
43 more quarters

Against its own ten years

Low 10.4% High 35.4%
Ten-year median 21.5%
Current reading's percentile 74

Operating margin against peers

Company Operating margin
LIN Linde PLC 25.3%
ECL Ecolab Inc. compare 16.7%
SHW The Sherwin-Williams Company compare 16.2%
PPG PPG Industries, Inc. compare 13.5%
RPM RPM International Inc. compare 12.6%
DD DuPont de Nemours, Inc. compare 11.8%
LYB LyondellBasell Industries N.V. compare 8.64%
IFF International Flavors & Fragrances Inc. compare 7.15%
APD Air Products and Chemicals, Inc. compare −4.71%
Specialty Chemicals industry median 5.64%
Basic Materials sector median 2.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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