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
DateValue
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