Linde (LIN) FCF Margin (2017 - 2026)

Linde (LIN) reported FCF Margin of 10.23% for Q1 2026, down 76.0% on a YoY basis from 42.61% in Q1 2025, and down 42.99% sequentially from 17.94% in Q4 2025.

Linde (LIN) FCF Margin (2017 - 2026) Analysis & Trends

Linde (LIN) has 10 years of FCF Margin data on file, last reported at 10.23% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 76.0% year-over-year to 10.23%; the trailing twelve-month figure through Mar 2026 stood at 14.7% (down 17.0% YoY), and the FY2025 full-year result was 14.97%, up 5.0% from the prior year.
  • FCF Margin slipped to 10.23% in Q1 2026, from 17.94% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 21.3% in Q3 2022 to a low of 9.63% in Q2 2024.
  • A 5-year average of 15.55% and a median of 15.74% in 2023 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin plunged 1418 bps in 2022 and soared 431 bps in 2023, its largest moves.
  • Tracing LIN's FCF Margin over 5 years: stood at 14.67% in 2022, then grew by 29 bps to 18.98% in 2023, then fell by 1 bps to 18.82% in 2024, then retreated by 5 bps to 17.94% in 2025, then sank by 43 bps to 10.23% in 2026.
  • Business Quant data shows LIN's FCF Margin at 10.23% in Q1 2026, 17.94% in Q4 2025, and 19.41% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Linde 237.95 Bn 233.99 Bn 4.26 Bn 10.23%
2 Sherwin Williams 78.17 Bn 77.95 Bn 2.78 Bn 0.01%
3 Ecolab 76.02 Bn 75.37 Bn 1.85 Bn 18.06%
4 Air Products & Chemicals 66.38 Bn 65.43 Bn 987.40 Mn 34.80%
5 Ppg Industries 26.02 Bn 24.40 Bn 1.66 Bn -0.48%
6 LyondellBasell Industries 22.51 Bn 19.87 Bn 701.00 Mn -7.48%
7 Chemical & Mining Co Of Chile 19.70 Bn 15.83 Bn 778.60 Mn -
8 International Flavors & Fragrances 19.51 Bn 18.95 Bn 1.02 Bn 5.84%
9 DuPont de Nemours 18.80 Bn 18.71 Bn 602.00 Mn 7.73%
10 Rpm International 13.63 Bn 13.32 Bn 950.03 Mn 16.49%

Historic Data

Download Data
DateValue
Mar 31, 2026 10.23%
Dec 31, 2025 17.94%
Sep 30, 2025 19.41%
Jun 30, 2025 11.23%
Mar 31, 2025 10.98%
Dec 31, 2024 18.82%
Sep 30, 2024 19.93%
Jun 30, 2024 9.63%
Mar 31, 2024 11.19%
Dec 31, 2023 18.98%
Sep 30, 2023 19.28%
Jun 30, 2023 15.74%
Mar 31, 2023 13.17%
Dec 31, 2022 14.67%
Sep 30, 2022 21.30%
Jun 30, 2022 15.45%
Mar 31, 2022 16.45%
Dec 31, 2021 28.85%
Sep 30, 2021 23.67%
Jun 30, 2021 14.28%