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. In the quarter to June 2026, revenue grew 9.35%, EPS grew 11.2%, free cash flow fell 12.7% and total debt rose 8.07%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for twenty-five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.
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Linde PLC (LIN) Operating margin
Linde PLC's operating margin over the twelve months to 30 June 2026 was 26.5%, up 0.2 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 3.63% and above the Basic Materials sector median of 0.82%.
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) |
|---|---|---|
| Jun 2026 | 27.5% | (0.29) |
| Mar 2026 | 27.8% | 4.75 |
| Dec 2025 | 23.0% | (4.45) |
| Sep 2025 | 27.5% | (0.23) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| LIN Linde PLC | 26.5% |
| ECL Ecolab Inc. compare | 16.9% |
| SHW The Sherwin-Williams Company compare | 16.4% |
| PPG PPG Industries, Inc. compare | 13.4% |
| RPM RPM International Inc. compare | 12.6% |
| DD DuPont de Nemours, Inc. compare | 9.90% |
| IFF International Flavors & Fragrances Inc. compare | 7.48% |
| LYB LyondellBasell Industries N.V. compare | 3.09% |
| APD Air Products and Chemicals, Inc. compare | −4.71% |
| Specialty Chemicals industry median | 3.63% |
| Basic Materials sector median | 0.82% |
| 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
More on LIN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement