Linde (LIN) EBITDA Margin (2017 - 2026)
Linde's (LIN) quarterly EBITDA Margin came in at 27.78% in Q1 2026, up 85.0% year-on-year from 15.01% in Q1 2025, and up 20.63% quarter-over-quarter from 23.03% in Q4 2025.
Linde (LIN) EBITDA Margin (2017 - 2026) Analysis & Trends
Linde has disclosed EBITDA Margin across 10 years of filings, most recently posting 27.78% for Q1 2026.
- EBITDA Margin for Q1 2026 came in at 27.78%, up 85.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.48% (up 6.0% YoY), and the FY2025 annual result was 35.81%, down 13.0% from the prior year.
- EBITDA Margin came in at 27.78% for Q1 2026 at Linde, up from 23.03% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 27.78% in Q1 2026 to a low of 6.96% in Q2 2022.
- The 5-year median for EBITDA Margin is 24.96% (2024), against an average of 23.53%.
- Across the five-year window, EBITDA Margin tumbled 809 bps in 2022 and jumped 1755 bps in 2023, its largest moves.
- Linde's EBITDA Margin stood at 21.36% in 2022, then increased by 14 bps to 24.43% in 2023, then grew by 12 bps to 27.41% in 2024, then declined by 16 bps to 23.03% in 2025, then grew by 21 bps to 27.78% in 2026.
- The last three EBITDA Margin figures came in at 27.78% (Q1 2026), 23.03% (Q4 2025), and 27.48% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 27.78% |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | 47.55% |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 14.31% |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 16.97% |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 23.73% |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 16.72% |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 3.25% |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 17.85% |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 3.32% |
| 10 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | 35.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.78% |
| Dec 31, 2025 | 23.03% |
| Sep 30, 2025 | 27.48% |
| Jun 30, 2025 | 27.71% |
| Mar 31, 2025 | 26.92% |
| Dec 31, 2024 | 27.41% |
| Sep 30, 2024 | 24.96% |
| Jun 30, 2024 | 26.42% |
| Mar 31, 2024 | 25.86% |
| Dec 31, 2023 | 24.43% |
| Sep 30, 2023 | 25.16% |
| Jun 30, 2023 | 24.51% |
| Mar 31, 2023 | 23.59% |
| Dec 31, 2022 | 21.36% |
| Sep 30, 2022 | 18.34% |
| Jun 30, 2022 | 6.96% |
| Mar 31, 2022 | 18.02% |
| Dec 31, 2021 | 16.11% |
| Sep 30, 2021 | 16.85% |
| Jun 30, 2021 | 15.06% |