Linde (LIN) Debt Ratio (2017 - 2026)
Linde's Debt Ratio was 0.32 in Q2 2026, up 5.3% from 0.30 a year earlier and up 4.0% from the prior quarter.
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Analysis
Linde (LIN) Debt Ratio (2017 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Linde came in at 0.31, up 15.2% from FY2024.
- Debt Ratio has now increased for four consecutive years.
- In earlier years, Debt Ratio was 0.27 in FY2024 (+12.5%), 0.24 in FY2023 (+6.6%), 0.22 in FY2022 (+29.2%) and 0.17 in FY2021 (-4.9%).
- The Q2 2026 figure marks the highest quarterly Debt Ratio since Q4 2017.
- Compared with a year earlier, Debt Ratio has increased for 18 straight quarters, with growth averaging 11.7% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2022 (growth of 29.2%); the worst was Q4 2021 (a decline of 4.9%).
- Per Business Quant data, LIN's Debt Ratio in the three quarters before Q2 2026 was 0.30 (Q1 2026), 0.31 (Q4 2025) and 0.30 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 0.32 |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 0.26 |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | 0.45 |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | 0.43 |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | 0.12 |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 0.37 |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | 0.21 |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 0.28 |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | 0.38 |
| 10 | Ppg Industries | 23.77 Bn | 16.57 Bn | 1.81 Bn | 0.31 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.32 |
| Mar 31, 2026 | 0.30 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.27 |
| Jun 30, 2024 | 0.27 |
| Mar 31, 2024 | 0.25 |
| Dec 31, 2023 | 0.24 |
| Sep 30, 2023 | 0.23 |
| Jun 30, 2023 | 0.22 |
| Mar 31, 2023 | 0.23 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 0.21 |
| Jun 30, 2022 | 0.21 |
| Mar 31, 2022 | 0.20 |
| Dec 31, 2021 | 0.17 |
| Sep 30, 2021 | 0.20 |
API Access
Linde Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=LIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "LIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=LIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();