Linde (LIN) Tax Rate (2018 - 2026)
Linde's (LIN) quarterly Tax Rate came in at 23.49% in Q1 2026, up 5.0% year-on-year from 22.37% in Q1 2025, and down 1.8% quarter-over-quarter from 23.92% in Q4 2025.
Linde (LIN) Tax Rate (2018 - 2026) Analysis & Trends
Linde has disclosed Tax Rate across 9 years of filings, most recently posting 23.49% for Q1 2026.
- Tax Rate for Q1 2026 came in at 23.49%, up 5.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.4% (down 125.0% YoY), and the FY2025 annual result was 22.36%, down 101.0% from the prior year.
- Tax Rate came in at 23.49% for Q1 2026 at Linde, down 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.
- The 5-year median for Tax Rate is 23.49% (2026), against an average of 24.24%.
- Across the five-year window, Tax Rate surged 1580 bps in 2022 and tumbled 2242 bps in 2023, its largest moves.
- Linde's Tax Rate stood at 22.64% in 2022, then gained by 2 bps to 23.0% in 2023, then gained by 2 bps to 23.55% in 2024, then gained by 2 bps to 23.92% in 2025, then dropped by 2 bps to 23.49% in 2026.
- The last three Tax Rate figures came in at 23.49% (Q1 2026), 23.92% (Q4 2025), and 17.97% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 23.49 |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | -41.34 |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 21.34 |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 13.89 |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 17.96 |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 25.53 |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 18.66 |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 17.13 |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | -1.46 |
| 10 | Albemarle | 18.85 Bn | 18.02 Bn | 500.97 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.49% |
| Mar 31, 2026 | 23.49% |
| Dec 31, 2025 | 23.92% |
| Dec 31, 2025 | 23.92% |
| Sep 30, 2025 | 17.97% |
| Sep 30, 2025 | 17.97% |
| Jun 30, 2025 | 24.42% |
| Jun 30, 2025 | 24.42% |
| Mar 31, 2025 | 23.44% |
| Mar 31, 2025 | 23.44% |
| Dec 31, 2024 | 23.55% |
| Dec 31, 2024 | 23.55% |
| Sep 30, 2024 | 24.14% |
| Sep 30, 2024 | 24.14% |
| Jun 30, 2024 | 23.49% |
| Jun 30, 2024 | 23.49% |
| Mar 31, 2024 | 22.26% |
| Mar 31, 2024 | 22.26% |
| Dec 31, 2023 | 23.00% |
| Dec 31, 2023 | 23.00% |