Linde (LIN) Interest Coverage Ratio (2018 - 2026)
Linde's (LIN) Interest Coverage Ratio came in at 30.28 for Q3 2026, down 18.1% from 36.98 a year earlier and down 27.7% from the prior quarter.
Linde (LIN) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Interest Coverage Ratio at Linde was 35.51, down 5.6% year-over-year; for FY2025, it was 34.99, up 3.7% from FY2024.
- In prior years, Linde's Interest Coverage Ratio was 33.73 in FY2024 (-15.9%), 40.12 in FY2023 (-52.9%), 85.22 in FY2022 (+31.7%) and 64.73 in FY2021 (+124.1%).
- The Q3 2026 figure stands as the lowest quarterly Interest Coverage Ratio since Q4 2023.
- On a year-over-year basis, Interest Coverage Ratio increased in six of the last eight quarters, with growth averaging 9.8%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q1 2022, with growth of 171.1%; the weakest was Q3 2024, with a decline of 40.2%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 41.87 (Q2 2026), 39.34 (Q1 2026) and 31.53 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.83 Bn | 221.97 Bn | 4.44 Bn | 30.28 |
| 2 | Corning | 99.72 Bn | 91.40 Bn | 1.81 Bn | 10.47 |
| 3 | Sherwin Williams | 86.17 Bn | 85.18 Bn | 3.28 Bn | 8.67 |
| 4 | Air Products & Chemicals | 69.05 Bn | 64.24 Bn | 1.04 Bn | -42.45 |
| 5 | LyondellBasell Industries | 38.34 Bn | 26.40 Bn | 1.50 Bn | 7.73 |
| 6 | Nutrien | 35.09 Bn | 31.62 Bn | 1.86 Bn | 9.56 |
| 7 | Ppg Industries | 27.86 Bn | 20.78 Bn | 1.76 Bn | 9.67 |
| 8 | Qnity Electronics | 26.20 Bn | 22.35 Bn | 743.00 Mn | 6.84 |
| 9 | Ati | 25.21 Bn | 23.17 Bn | 380.20 Mn | - |
| 10 | Dow | 22.43 Bn | 6.39 Bn | 1.38 Bn | 3.70 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 30.28 |
| Jun 30, 2026 | 41.87 |
| Mar 31, 2026 | 39.34 |
| Dec 31, 2025 | 31.53 |
| Sep 30, 2025 | 36.98 |
| Jun 30, 2025 | 35.13 |
| Mar 31, 2025 | 36.40 |
| Dec 31, 2024 | 42.83 |
| Sep 30, 2024 | 30.68 |
| Jun 30, 2024 | 31.20 |
| Mar 31, 2024 | 32.23 |
| Dec 31, 2023 | 28.56 |
| Sep 30, 2023 | 51.30 |
| Jun 30, 2023 | 38.67 |
| Mar 31, 2022 | 164.44 |
| Mar 31, 2021 | 60.65 |
| Jun 30, 2020 | 32.83 |
| Mar 31, 2020 | 30.54 |
| Dec 31, 2019 | 81.88 |
| Sep 30, 2019 | 333.33 |
Linde Interest Coverage Ratio 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=interest-coverage-ratio&ticker=LIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=LIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();