Linde (LIN) Gross Margin (2017 - 2026)
Linde recorded quarterly Gross Margin of 48.49% in Q1 2026, up 0.78% quarter-over-quarter from 48.12% in Q4 2025, and down 26.0% year-over-year from 65.53% in Q1 2025.
Linde's Gross Margin history runs 10 years deep, the most recent figure standing at 48.49% for Q1 2026.
- In Q1 2026, Gross Margin fell 26.0% year-over-year to 48.49%; the TTM figure through Mar 2026 stood at 48.77% (up 51.0% YoY), while the FY2025 annual figure was 48.83%, up 78.0% from the prior year.
- Gross Margin came in at 48.49% for Q1 2026 at Linde, up from 48.12% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 49.31% in Q2 2025 to a low of 39.92% in Q3 2022.
- A 5-year average of 46.48% and a median of 47.84% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 311 bps in 2022 and surged 718 bps in 2023, its largest moves.
- Linde's Gross Margin stood at 43.95% in 2022, then increased by 6 bps to 46.63% in 2023, then increased by 3 bps to 47.84% in 2024, then advanced by 1 bps to 48.12% in 2025, then grew by 1 bps to 48.49% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 48.49%, 48.12%, and 49.17% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 Bn | 4.26 Bn | 48.49% |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | 44.24% |
| 3 | Sherwin Williams | 72.51 Bn | 72.30 Bn | 2.78 Bn | 49.07% |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | 44.03% |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 31.13% |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 42.11% |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | 9.74% |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | 35.06% |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 35.81% |
| 10 | International Flavors & Fragrances | 19.02 Bn | 18.49 Bn | 1.02 Bn | 37.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.49% |
| Dec 31, 2025 | 48.12% |
| Sep 30, 2025 | 49.17% |
| Jun 30, 2025 | 49.31% |
| Mar 31, 2025 | 48.75% |
| Dec 31, 2024 | 47.84% |
| Sep 30, 2024 | 47.87% |
| Jun 30, 2024 | 48.58% |
| Mar 31, 2024 | 47.95% |
| Dec 31, 2023 | 46.63% |
| Sep 30, 2023 | 47.10% |
| Jun 30, 2023 | 47.39% |
| Mar 31, 2023 | 45.92% |
| Dec 31, 2022 | 43.95% |
| Sep 30, 2022 | 39.92% |
| Jun 30, 2022 | 41.59% |
| Mar 31, 2022 | 41.57% |
| Dec 31, 2021 | 40.62% |
| Sep 30, 2021 | 43.04% |
| Jun 30, 2021 | 44.70% |
| Mar 31, 2021 | 44.03% |
| Dec 31, 2020 | 43.81% |
| Sep 30, 2020 | 44.06% |
| Jun 30, 2020 | 43.25% |
| Mar 31, 2020 | 42.97% |
| Dec 31, 2019 | 40.86% |
| Sep 30, 2019 | 41.99% |
| Jun 30, 2019 | 40.59% |
| Mar 31, 2019 | 40.73% |
| Dec 31, 2018 | 31.82% |
| Sep 30, 2018 | 43.55% |
| Jun 30, 2018 | 43.96% |
| Mar 31, 2018 | 44.32% |
| Dec 31, 2017 | 43.75% |
| Sep 30, 2017 | 43.46% |
| Jun 30, 2017 | 43.58% |
| Mar 31, 2017 | 43.22% |