Linde (LIN) Gross Margin (2017 - 2026)
Linde's (LIN) quarterly Gross Margin came in at 47.67% in Q2 2026, down 164.0% year-over-year from 74.48% in Q2 2025, and down 1.69% quarter-over-quarter from 48.49% in Q1 2026.
Analysis
Linde (LIN) Gross Margin (2017 - 2026) Analysis & Trends
Linde has disclosed Gross Margin across 10 years of filings, most recently posting 47.67% for Q2 2026.
- In Q2 2026, Gross Margin fell 164.0% year-over-year to 47.67%; the TTM figure through Jun 2026 stood at 48.35% (down 10.0% YoY), while the FY2025 annual figure was 48.83%, up 78.0% from the prior year.
- Gross Margin came in at 47.67% for Q2 2026 at Linde, down from 48.49% 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.
- Average Gross Margin over 5 years is 46.55%, with a median of 47.75% recorded in 2024.
- Year-over-year, Gross Margin sank 311 bps in 2022 and surged 718 bps in 2023.
- Over 5 years, Gross Margin stood at 43.95% in 2022, then grew by 6 bps to 46.63% in 2023, then grew by 3 bps to 47.84% in 2024, then gained by 1 bps to 48.12% in 2025, then decreased by 1 bps to 47.67% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 47.67% in Q2 2026, 48.49% in Q1 2026, and 48.12% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 220.15 Bn | 216.79 Bn | 4.43 Bn | 47.67% |
| 2 | Air Products & Chemicals | 67.07 Bn | 68.80 Bn | 1.04 Bn | 32.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.67% |
| 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% |