Linde (LIN) Net Margin (2017 - 2026)
Linde's (LIN) quarterly Net Margin came in at 3.95% in Q1 2026, up 86.0% year-on-year from 2.12% in Q1 2025, and up 636.87% quarter-over-quarter from 0.54% in Q4 2025.
Linde (LIN) Net Margin (2017 - 2026) Analysis & Trends
Linde has disclosed Net Margin across 10 years of filings, most recently posting 3.95% for Q1 2026.
- Net Margin for Q1 2026 came in at 3.95%, up 86.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.43% (up 27.0% YoY), and the FY2025 annual result was 15.96%, up 26.0% from the prior year.
- Net Margin came in at 3.95% for Q1 2026 at Linde, up from 0.54% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 5.56% in Q3 2025 to a low of 17.22% in Q1 2022.
- The 5-year median for Net Margin is 2.84% (2024), against an average of 1.53%.
- Across the five-year window, Net Margin jumped 1915 bps in 2023 and plunged 365 bps in 2025, its largest moves.
- Linde's Net Margin stood at 17.04% in 2022, then soared by 112 bps to 2.11% in 2023, then surged by 99 bps to 4.19% in 2024, then plunged by 87 bps to 0.54% in 2025, then surged by 637 bps to 3.95% in 2026.
- The last three Net Margin figures came in at 3.95% (Q1 2026), 0.54% (Q4 2025), and 5.56% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 3.95% |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | -79.17% |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 9.44% |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 13.55% |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 22.85% |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | - |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 6.20% |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 0.83% |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 1.71% |
| 10 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | 28.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.95% |
| Dec 31, 2025 | 0.54% |
| Sep 30, 2025 | 5.56% |
| Jun 30, 2025 | 3.71% |
| Mar 31, 2025 | 3.09% |
| Dec 31, 2024 | 4.19% |
| Sep 30, 2024 | 1.77% |
| Jun 30, 2024 | 3.58% |
| Mar 31, 2024 | 2.84% |
| Dec 31, 2023 | 2.11% |
| Sep 30, 2023 | 2.86% |
| Jun 30, 2023 | 2.95% |
| Mar 31, 2023 | 1.93% |
| Dec 31, 2022 | -17.04% |
| Sep 30, 2022 | -14.76% |
| Jun 30, 2022 | -16.00% |
| Mar 31, 2022 | -17.22% |
| Dec 31, 2021 | -16.76% |
| Sep 30, 2021 | -18.26% |
| Jun 30, 2021 | -18.95% |