Linde (LIN) FCF Margin (2018 - 2026)
Linde (LIN) reported FCF Margin of 8.97% for Q2 2026, down 2.26 percentage points from 11.23% a year earlier and down 1.26 percentage points from the prior quarter.
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Analysis
Linde (LIN) FCF Margin (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Linde's FCF Margin came in at 14.03%, down 1.21 percentage points year-over-year; for FY2025, it came in at 14.97%, up 0.05 percentage points from FY2024.
- FCF Margin has a five-year change of +0.18 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 14.93% in FY2024 (-1.87 pp), 16.80% in FY2023 (-0.26 pp), 17.06% in FY2022 (-4.50 pp) and 21.56% in FY2021 (+6.77 pp).
- The Q2 2026 figure ranks as the lowest quarterly FCF Margin since Q1 2020.
- Year over year, FCF Margin has now declined in each of the last four quarters, with an average year-over-year change of -0.32 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was Q4 2021 (a gain of 9.50 percentage points); the low point was Q4 2022 (a drop of 14.18 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 10.23% (Q1 2026), 17.94% (Q4 2025) and 19.41% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 8.97% |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 28.75% |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | 18.25% |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | 9.79% |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | -9.22% |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 5.25% |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | 27.52% |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 10.57% |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | 5.01% |
| 10 | Ppg Industries | 23.77 Bn | 16.57 Bn | 1.81 Bn | 9.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.97% |
| 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% |
API Access
Linde FCF 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=fcf-margin&ticker=LIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=LIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();