Linde (LIN) Tax Rate (2018 - 2026)
Linde recorded quarterly Tax Rate of 23.49% in Q1 2026, down 1.8% quarter-over-quarter from 23.92% in Q4 2025, and up 5.0% year-over-year from 22.37% in Q1 2025.
Linde's Tax Rate history runs 9 years deep, the most recent figure standing at 23.49% for Q1 2026.
- In Q1 2026, Tax Rate rose 5.0% year-over-year to 23.49%; the TTM figure through Mar 2026 stood at 22.4% (down 125.0% YoY), while the FY2025 annual figure 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.
- 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 soared 1580 bps in 2022 and slumped 2242 bps in 2023, its largest moves.
- Linde's Tax Rate stood at 22.64% in 2022, then advanced by 2 bps to 23.0% in 2023, then advanced by 2 bps to 23.55% in 2024, then advanced by 2 bps to 23.92% in 2025, then declined by 2 bps to 23.49% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.49%, 23.92%, and 17.97% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 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 | 72.51 Bn | 72.30 Bn | 2.78 Bn | 21.34 |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | 13.89 |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 17.96 |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 25.53 |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | -1.46 |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | - |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 17.13 |
| 10 | International Flavors & Fragrances | 19.02 Bn | 18.49 Bn | 1.02 Bn | 18.66 |
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 |
| Sep 30, 2023 | 23.79 |
| Sep 30, 2023 | 23.79 |
| Jun 30, 2023 | 21.86 |
| Jun 30, 2023 | 21.86 |
| Mar 31, 2023 | 22.15 |
| Mar 31, 2023 | 22.15 |
| Dec 31, 2022 | 22.64 |
| Dec 31, 2022 | 22.64 |
| Sep 30, 2022 | 23.73 |
| Sep 30, 2022 | 23.73 |
| Jun 30, 2022 | 44.27 |
| Jun 30, 2022 | 44.27 |
| Mar 31, 2022 | 24.04 |
| Mar 31, 2022 | 24.04 |
| Dec 31, 2021 | 25.02 |
| Dec 31, 2021 | 25.02 |
| Sep 30, 2021 | 24.15 |
| Sep 30, 2021 | 24.15 |
| Jun 30, 2021 | 28.47 |
| Jun 30, 2021 | 28.47 |
| Mar 31, 2021 | 21.58 |
| Mar 31, 2021 | 21.58 |
| Dec 31, 2020 | 24.33 |
| Dec 31, 2020 | 24.33 |
| Sep 30, 2020 | 27.26 |
| Sep 30, 2020 | 27.26 |
| Jun 30, 2020 | 26.54 |
| Jun 30, 2020 | 26.54 |
| Mar 31, 2020 | 21.88 |
| Mar 31, 2020 | 21.88 |
| Dec 31, 2019 | 24.11 |
| Dec 31, 2019 | 24.11 |
| Sep 30, 2019 | 29.77 |
| Sep 30, 2019 | 29.77 |
| Jun 30, 2019 | 24.74 |
| Jun 30, 2019 | 24.74 |
| Mar 31, 2019 | 24.52 |
| Mar 31, 2019 | 24.52 |
| Dec 31, 2018 | 11.17 |
| Dec 31, 2018 | 11.17 |
| Sep 30, 2018 | 25.04 |
| Sep 30, 2018 | 25.04 |
| Jun 30, 2018 | 24.57 |
| Jun 30, 2018 | 24.57 |
| Mar 31, 2018 | 24.46 |
| Mar 31, 2018 | 24.46 |