Linde (LIN) EBITDA Margin (2017 - 2026)
Linde (LIN) posted EBITDA Margin of 33.12% for Q3 2026, down 5.51 percentage points from 38.63% a year earlier and down 4.74 percentage points from the prior quarter.
Powered by 
Analysis
Linde (LIN) EBITDA Margin (2017 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBITDA Margin at Linde was 35.85%, down 2.66 percentage points year-over-year; for FY2025, it came in at 37.33%, down 0.29 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of +8.15 percentage points (FY2020 to FY2025).
- In prior years, Linde's EBITDA Margin was 37.62% in FY2024 (+1.58 pp), 36.04% in FY2023 (+7.35 pp), 28.69% in FY2022 (-2.55 pp) and 31.24% in FY2021 (+2.06 pp).
- The Q3 2026 figure stands as the lowest quarterly EBITDA Margin since Q3 2022.
- On a year-over-year basis, EBITDA Margin increased in five of the last eight quarters, with an average year-over-year change of -0.56 percentage points.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q2 2023, with a gain of 16.35 percentage points; the weakest was Q2 2022, with a drop of 10.63 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 37.86% (Q2 2026), 38.61% (Q1 2026) and 33.87% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 238.84 Bn | 220.98 Bn | 4.44 Bn | 33.12% |
| 2 | Corning | 98.69 Bn | 90.37 Bn | 1.81 Bn | 26.86% |
| 3 | Sherwin Williams | 85.12 Bn | 84.13 Bn | 3.28 Bn | 20.34% |
| 4 | Air Products & Chemicals | 69.02 Bn | 64.21 Bn | 1.04 Bn | -54.15% |
| 5 | LyondellBasell Industries | 38.36 Bn | 26.43 Bn | 1.50 Bn | 16.94% |
| 6 | Nutrien | 34.35 Bn | 30.38 Bn | - | - |
| 7 | Ppg Industries | 27.44 Bn | 20.36 Bn | 1.76 Bn | 17.96% |
| 8 | Qnity Electronics | 26.06 Bn | 22.20 Bn | 743.00 Mn | 34.45% |
| 9 | Ati | 25.56 Bn | 23.51 Bn | 380.20 Mn | 22.25% |
| 10 | Dow | 22.14 Bn | 6.10 Bn | 1.38 Bn | 12.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 33.12% |
| Jun 30, 2026 | 37.86% |
| Mar 31, 2026 | 38.61% |
| Dec 31, 2025 | 33.87% |
| Sep 30, 2025 | 38.63% |
| Jun 30, 2025 | 38.80% |
| Mar 31, 2025 | 38.14% |
| Dec 31, 2024 | 38.43% |
| Sep 30, 2024 | 36.45% |
| Jun 30, 2024 | 38.01% |
| Mar 31, 2024 | 37.58% |
| Dec 31, 2023 | 35.86% |
| Sep 30, 2023 | 36.92% |
| Jun 30, 2023 | 36.21% |
| Mar 31, 2023 | 35.16% |
| Dec 31, 2022 | 33.46% |
| Sep 30, 2022 | 30.21% |
| Jun 30, 2022 | 19.87% |
| Mar 31, 2022 | 31.57% |
| Dec 31, 2021 | 29.79% |
API Access
Linde EBITDA Margin 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=ebitda-margin&ticker=LIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=LIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();