Linde (LIN) Net Margin (2017 - 2026)
Linde (LIN) posted quarterly Net Margin of 20.84% for Q2 2026, down 3.0% year-over-year from 21.49% in Q2 2025, and down 1.61% on a QoQ basis from 21.18% in Q1 2026.
Linde (LIN) Net Margin (2017 - 2026) Analysis & Trends
Linde has reported Net Margin for 9 years, with the latest figure at 20.84% in Q2 2026.
- Net Margin for Q2 2026 came in at 20.84%, down 3.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 20.49% (up 22.0% YoY), and the FY2025 annual result was 20.33%, up 43.0% from the prior year.
- Net Margin slipped to 20.84% in Q2 2026, from 21.18% in the prior quarter.
- Over five years, Net Margin peaked at 22.47% in Q3 2025 and troughed at 17.46% in Q4 2025.
- A 4-year average of 19.87% and a median of 19.99% in 2024 frame the typical range for Net Margin.
- The largest YoY upside for Net Margin was 374 bps in 2025 against a maximum downside of 343 bps in 2025.
- A 4-year view of Net Margin shows it stood at 18.51% in 2023, then grew by 13 bps to 20.89% in 2024, then retreated by 16 bps to 17.46% in 2025, then increased by 19 bps to 20.84% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 20.84% in Q2 2026, 21.18% in Q1 2026, and 17.46% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 20.84% |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 12.43% |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | 12.20% |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | -45.00% |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 9.79% |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | 22.89% |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 6.08% |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 3.28% |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 8.08% |
| 10 | Albemarle | 15.88 Bn | 14.25 Bn | 590.30 Mn | 37.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.84% |
| 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% |