Linde (LIN) Net Margin (2017 - 2026)
Linde (LIN) reported Net Margin of 21.18% for Q1 2026, up 61.0% on a YoY basis from 13.16% in Q1 2025, and up 21.33% sequentially from 17.46% in Q4 2025.
Linde (LIN) Net Margin (2017 - 2026) Analysis & Trends
Linde (LIN) has 9 years of Net Margin data on file, last reported at 21.18% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 61.0% year-over-year to 21.18%; the trailing twelve-month figure through Mar 2026 stood at 20.48% (up 44.0% YoY), and the FY2025 full-year result was 20.33%, up 43.0% from the prior year.
- Net Margin improved to 21.18% in Q1 2026, from 17.46% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 22.47% in Q3 2025 to a low of 17.46% in Q4 2025.
- A 4-year average of 19.79% and a median of 19.96% in 2024 frame the typical range for Net Margin.
- Peak annual rise in Net Margin reached 374 bps in 2025, while the deepest fall reached 343 bps in 2025.
- Tracing LIN's Net Margin over 4 years: stood at 18.51% in 2023, then gained by 13 bps to 20.89% in 2024, then dropped by 16 bps to 17.46% in 2025, then increased by 21 bps to 21.18% in 2026.
- Business Quant data shows LIN's Net Margin at 21.18% in Q1 2026, 17.46% in Q4 2025, and 22.47% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 21.18% |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 9.44% |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 24.04% |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 22.85% |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | - |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 1.71% |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | 22.89% |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 6.20% |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 0.83% |
| 10 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | 9.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.18% |
| Dec 31, 2025 | 17.46% |
| Sep 30, 2025 | 22.47% |
| Jun 30, 2025 | 20.87% |
| Mar 31, 2025 | 20.57% |
| Dec 31, 2024 | 20.89% |
| Sep 30, 2024 | 18.73% |
| Jun 30, 2024 | 20.02% |
| Mar 31, 2024 | 19.96% |
| Dec 31, 2023 | 18.51% |
| Sep 30, 2023 | 19.13% |
| Jun 30, 2023 | 19.09% |
| Mar 31, 2023 | 18.44% |
| Dec 31, 2021 | 0.02% |
| Sep 30, 2021 | 0.01% |
| Jun 30, 2021 | 0.01% |
| Mar 31, 2021 | 0.01% |
| Dec 31, 2020 | 0.01% |
| Sep 30, 2020 | 0.01% |
| Mar 31, 2020 | 0.03% |