Linde (LIN) Return on Capital Employed (2017 - 2026)
Linde's (LIN) quarterly Return on Capital Employed came in at 12.89% in Q1 2026, down 14.0% year-on-year from 14.99% in Q1 2025, and up 2.9% quarter-over-quarter from 12.53% in Q4 2025.
Linde (LIN) Return on Capital Employed (2017 - 2026) Analysis & Trends
Linde has disclosed Return on Capital Employed across 10 years of filings, most recently posting 12.89% for Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 12.89%, down 14.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.89% (down 14.0% YoY), and the FY2025 annual result was 13.07%, down 3.0% from the prior year.
- Return on Capital Employed came in at 12.89% for Q1 2026 at Linde, up 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.
- The 5-year median for Return on Capital Employed is 12.47% (2024), against an average of 11.28%.
- Across the five-year window, Return on Capital Employed surged 393 bps in 2023 and tumbled 40 bps in 2025, its largest moves.
- Linde's Return on Capital Employed stood at 8.87% in 2022, then surged by 42 bps to 12.62% in 2023, then grew by 2 bps to 12.93% in 2024, then retreated by 3 bps to 12.53% in 2025, then climbed by 3 bps to 12.89% in 2026.
- The last three Return on Capital Employed figures came in at 12.89% (Q1 2026), 12.53% (Q4 2025), and 13.14% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 12.89% |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | 16.08% |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 20.78% |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 14.59% |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 6.05% |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 13.59% |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 3.66% |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 7.03% |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | -1.10% |
| 10 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | 6.09% |
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% |