Linde (LIN) Tax Rate (2018 - 2026)
Linde (LIN) reported Tax Rate of 23.49% for Q1 2026, up 5.0% on a YoY basis from 22.37% in Q1 2025, and down 1.8% sequentially from 23.92% in Q4 2025.
Linde (LIN) Tax Rate (2018 - 2026) Analysis & Trends
Linde (LIN) has 9 years of Tax Rate data on file, last reported at 23.49% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 5.0% year-over-year to 23.49%; the trailing twelve-month figure through Mar 2026 stood at 22.4% (down 125.0% YoY), and the FY2025 full-year result was 22.36%, down 101.0% from the prior year.
- Tax Rate slipped to 23.49% in Q1 2026, from 23.92% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 44.27% in Q2 2022 to a low of 17.97% in Q3 2025.
- A 5-year average of 24.24% and a median of 23.49% in 2026 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 1580 bps in 2022 and sank 2242 bps in 2023, its largest moves.
- Tracing LIN's Tax Rate over 5 years: stood at 22.64% in 2022, then rose by 2 bps to 23.0% in 2023, then rose by 2 bps to 23.55% in 2024, then rose by 2 bps to 23.92% in 2025, then slipped by 2 bps to 23.49% in 2026.
- Business Quant data shows LIN's Tax Rate at 23.49% in Q1 2026, 23.92% in Q4 2025, and 17.97% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 23.49 |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 21.34 |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | -52.75 |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 17.96 |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 25.53 |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | -1.46 |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | 41.34 |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 18.66 |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 17.13 |
| 10 | Rpm International | 13.63 Bn | 13.32 Bn | 950.03 Mn | -115.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.49 |
| Mar 31, 2026 | 23.49 |
| Mar 31, 2026 | 23.49 |
| Dec 31, 2025 | 23.92 |
| Dec 31, 2025 | 23.92 |
| Dec 31, 2025 | 23.92 |
| Sep 30, 2025 | 17.97 |
| Sep 30, 2025 | 17.97 |
| Sep 30, 2025 | 17.97 |
| Jun 30, 2025 | 24.42 |
| Jun 30, 2025 | 24.42 |
| Jun 30, 2025 | 24.42 |
| Mar 31, 2025 | 23.44 |
| Mar 31, 2025 | 23.44 |
| Mar 31, 2025 | 23.44 |
| Dec 31, 2024 | 23.55 |
| Dec 31, 2024 | 23.55 |
| Dec 31, 2024 | 23.55 |
| Sep 30, 2024 | 24.14 |
| Sep 30, 2024 | 24.14 |