Linde (LIN) Return on Capital Employed [ROCE] (2017 - 2026)
Linde (LIN) recorded Return on Capital Employed [ROCE] of 12.62% in Q3 2026, down 0.51 percentage points from 13.14% a year earlier and down 0.55 percentage points from the prior quarter.
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Analysis
Linde (LIN) Return on Capital Employed [ROCE] (2017 - 2026) Analysis & Trends
For FY2025, Linde reported Return on Capital Employed [ROCE] of 13.07%, down 0.03 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of +8.56 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 13.10% in FY2024 (+0.66 pp), 12.44% in FY2023 (+4.07 pp), 8.37% in FY2022 (+1.38 pp) and 6.99% in FY2021 (+2.48 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from 7.20% in Q4 2021 to 13.17% in Q2 2026 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in five of the last eight quarters, with an average year-over-year change of +0.16 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 3.93 percentage points in Q2 2023, against a drop of 0.51 percentage points in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 13.17% (Q2 2026), 12.89% (Q1 2026) and 12.53% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 12.62% |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 10.83% |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 23.55% |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | - |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 9.92% |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | - |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 12.90% |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 11.12% |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 18.14% |
| 10 | Dow | 22.79 Bn | 8.23 Bn | 1.38 Bn | -1.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.62% |
| 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% |
API Access
Linde Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=LIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "LIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=LIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();