Linde (LIN) Return on Capital Employed (2018 - 2026)
Linde (LIN) posted quarterly Return on Capital Employed of 13.17% for Q2 2026, up 41.0% year-over-year from 9.34% in Q2 2025, and up 2.14% on a QoQ basis from 12.89% in Q1 2026.
Linde (LIN) Return on Capital Employed (2018 - 2026) Analysis & Trends
Linde has reported Return on Capital Employed for 9 years, with the latest figure at 13.17% in Q2 2026.
- Return on Capital Employed for Q2 2026 came in at 13.17%, up 41.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 13.17% (up 41.0% YoY), and the FY2025 annual result was 13.07%, down 3.0% from the prior year.
- Return on Capital Employed rose to 13.17% in Q2 2026, from 12.89% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 13.17% in Q2 2026 and troughed at 7.22% in Q2 2022.
- A 5-year average of 11.39% and a median of 12.49% in 2024 frame the typical range for Return on Capital Employed.
- The widest annual swing landed in 2023, when Return on Capital Employed surged 393 bps; it then tumbled 40 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 8.87% in 2022, then jumped by 42 bps to 12.62% in 2023, then rose by 2 bps to 12.93% in 2024, then slipped by 3 bps to 12.53% in 2025, then grew by 5 bps to 13.17% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 13.17% in Q2 2026, 12.89% in Q1 2026, and 12.53% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 225.67 Bn | 220.77 Bn | 4.43 Bn | 13.17% |
| 2 | Sherwin Williams | 84.74 Bn | 84.44 Bn | 3.34 Bn | 23.44% |
| 3 | Ecolab | 78.90 Bn | 73.77 Bn | 1.95 Bn | 14.02% |
| 4 | Air Products & Chemicals | 68.19 Bn | 67.21 Bn | 1.04 Bn | -1.63% |
| 5 | Ppg Industries | 25.36 Bn | 23.77 Bn | 1.81 Bn | 13.38% |
| 6 | Chemical & Mining Co Of Chile | 23.48 Bn | 19.61 Bn | 778.60 Mn | 16.08% |
| 7 | LyondellBasell Industries | 21.91 Bn | 19.28 Bn | 2.04 Bn | 3.55% |
| 8 | International Flavors & Fragrances | 21.51 Bn | 20.94 Bn | 853.00 Mn | 3.64% |
| 9 | DuPont de Nemours | 18.83 Bn | 17.09 Bn | 639.00 Mn | 8.49% |
| 10 | Albemarle | 16.94 Bn | 15.31 Bn | 590.30 Mn | 10.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.17% |
| 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% |