Linde (LIN) Return on Capital Employed (2018 - 2026)
Linde (LIN) reported Return on Capital Employed of 12.89% for Q1 2026, down 14.0% on a YoY basis from 14.99% in Q1 2025, and up 2.9% sequentially from 12.53% in Q4 2025.
Linde (LIN) Return on Capital Employed (2018 - 2026) Analysis & Trends
Linde (LIN) has 9 years of Return on Capital Employed data on file, last reported at 12.89% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 14.0% year-over-year to 12.89%; the trailing twelve-month figure through Mar 2026 stood at 12.89% (down 14.0% YoY), and the FY2025 full-year result was 13.07%, down 3.0% from the prior year.
- Return on Capital Employed grew to 12.89% in Q1 2026, from 12.53% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 13.14% in Q3 2025 to a low of 7.22% in Q2 2022.
- A 5-year average of 11.28% and a median of 12.47% in 2024 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed surged 393 bps in 2023 and sank 40 bps in 2025, its largest moves.
- Tracing LIN's Return on Capital Employed over 5 years: stood at 8.87% in 2022, then jumped by 42 bps to 12.62% in 2023, then climbed by 2 bps to 12.93% in 2024, then fell by 3 bps to 12.53% in 2025, then advanced by 3 bps to 12.89% in 2026.
- Business Quant data shows LIN's Return on Capital Employed at 12.89% in Q1 2026, 12.53% in Q4 2025, and 13.14% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 12.89% |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 20.78% |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 14.59% |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 6.05% |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 16.03% |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | -1.10% |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | 16.08% |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 3.66% |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 7.03% |
| 10 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | 15.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.89% |
| Dec 31, 2025 | 12.53% |
| Sep 30, 2025 | 13.14% |
| Jun 30, 2025 | 12.76% |
| Mar 31, 2025 | 13.03% |
| Dec 31, 2024 | 12.93% |
| Sep 30, 2024 | 12.47% |
| Jun 30, 2024 | 12.52% |
| Mar 31, 2024 | 12.37% |
| Dec 31, 2023 | 12.62% |
| Sep 30, 2023 | 11.98% |
| Jun 30, 2023 | 11.15% |
| Mar 31, 2023 | 9.36% |
| Dec 31, 2022 | 8.87% |
| Sep 30, 2022 | 8.22% |
| Jun 30, 2022 | 7.22% |
| Mar 31, 2022 | 7.76% |
| Dec 31, 2021 | 7.20% |
| Sep 30, 2021 | 6.73% |
| Jun 30, 2021 | 6.22% |