What is Linde's EBITDA margin?

Latest reported EBITDA margin for Linde (LIN) is 35.52% as of the trailing twelve months (TTM) ending March 31, 2026.

How has Linde EBITDA margin changed year-over-year?

Linde (LIN) EBITDA margin changed −1.1 percentage points year-over-year on the latest annual filing.

When did Linde EBITDA margin hit its highest annual value?

Linde EBITDA margin reached its highest annual value of 47.97% in 2018.

What was Linde EBITDA margin in 2024?

Linde (LIN) EBITDA margin in 2024 was 39.15%.

What was Linde EBITDA margin in 2025?

Linde (LIN) EBITDA margin in 2025 was 38.09%.

Linde (LIN) EBITDA Margin — Annual & Quarterly %

TTM

35.5%

YoY change

−1.06pp

Trough year (2000)

23.4%

Peak year (2018)

48.0%

EBITDA Margin history chart for Linde (LIN) from 1991 to 2025

Latest: 38.1%

EBITDA Margin change chart for Linde (LIN) from 1991 to 2025

Latest: −1.06pp

EBITDA Margin history table for Linde (LIN) from 1991 to 2025


2025	38.1%	-1.06pp	Dec 31, 2025	Feb 25, 2026
2024	39.1%	+1.73pp	Dec 31, 2024	Feb 26, 2025
2023	37.4%	+7.62pp	Dec 31, 2023	Feb 28, 2024
2022	29.8%	-2.34pp	Dec 31, 2022	Feb 28, 2023
2021	32.1%	+2.31pp	Dec 31, 2021	Feb 28, 2022
2020	29.8%	+1.12pp	Dec 31, 2020	Mar 1, 2021
2019	28.7%	-19.27pp	Dec 31, 2019	Mar 2, 2020
2018	48.0%	+15.16pp	Dec 31, 2018	Mar 18, 2019
2017	32.8%	+0.75pp	Dec 31, 2017	Mar 23, 2018
2016	32.1%	+1.76pp	Dec 31, 2016	Dec 31, 2016
2015	30.3%	+0.09pp	Dec 31, 2015	Dec 31, 2015
2014	30.2%	-0.71pp	Dec 31, 2014	Dec 31, 2014
2013	30.9%	+0.00pp	Dec 31, 2013	Dec 31, 2013
2012	30.9%	+0.30pp	Dec 31, 2012	Dec 31, 2012
2011	30.6%	+1.00pp	Dec 31, 2011	Dec 31, 2011
2010	29.6%	+2.25pp	Dec 31, 2010	Dec 31, 2010
2009	27.4%	+2.06pp	Dec 31, 2009	Dec 31, 2009
2008	25.3%	-1.91pp	Dec 31, 2008	Dec 31, 2008
2007	27.2%	+0.56pp	Dec 31, 2007	Dec 31, 2007
2006	26.7%	+1.03pp	Dec 31, 2006	Dec 31, 2006
2005	25.6%	+0.15pp	Dec 31, 2005	Dec 31, 2005
2004	25.5%	-0.14pp	Dec 31, 2004	Dec 31, 2004
2003	25.6%	-1.78pp	Dec 31, 2003	Dec 31, 2003
2002	27.4%	+2.23pp	Dec 31, 2002	Dec 31, 2002
2001	25.2%	+1.83pp	Dec 31, 2001	Dec 31, 2001
2000	23.4%	-2.49pp	Dec 31, 2000	Dec 31, 2000
1999	25.8%	-1.26pp	Dec 31, 1999	Dec 31, 1999
1998	27.1%	+0.03pp	Dec 31, 1998	Dec 31, 1998
1997	27.1%	+1.79pp	Dec 31, 1997	Dec 31, 1997
1996	25.3%	-0.52pp	Dec 31, 1996	Dec 31, 1996
1995	25.8%	-1.37pp	Dec 31, 1995	Dec 31, 1995
1994	27.2%	+2.53pp	Dec 31, 1994	Dec 31, 1994
1993	24.7%	-1.65pp	Dec 31, 1993	Dec 31, 1993
1992	26.3%	+1.52pp	Dec 31, 1992	Dec 31, 1992
1991	24.8%	—	Dec 31, 1991	Dec 31, 1991

202538.1%-1.06pp
202439.1%+1.73pp
202337.4%+7.62pp
202229.8%-2.34pp
202132.1%+2.31pp
202029.8%+1.12pp
201928.7%-19.27pp
201848.0%+15.16pp
201732.8%+0.75pp
201632.1%+1.76pp
201530.3%+0.09pp
201430.2%-0.71pp
201330.9%+0.00pp
201230.9%+0.30pp
201130.6%+1.00pp
201029.6%+2.25pp
200927.4%+2.06pp
200825.3%-1.91pp
200727.2%+0.56pp
200626.7%+1.03pp
200525.6%+0.15pp
200425.5%-0.14pp
200325.6%-1.78pp
200227.4%+2.23pp
200125.2%+1.83pp
200023.4%-2.49pp
199925.8%-1.26pp
199827.1%+0.03pp
199727.1%+1.79pp
199625.3%-0.52pp
199525.8%-1.37pp
199427.2%+2.53pp
199324.7%-1.65pp
199226.3%+1.52pp
199124.8%—

EBITDA Margin values are taken from Linde's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Linde (LIN)

According to Linde's latest reported financial statements, the company's latest reported EBITDA margin is 35.5%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending March 31, 2026 (reported May 1, 2026). Chart and table below cover the full reported history back to 1991.

2025's annual EBITDA margin for Linde (LIN) came in at 38.09% – contracted 1.1 percentage points year-over-year.

The record annual EBITDA margin stands at 47.97%, reached in 2018; the historical low of 23.36% was recorded in 2000.

Linde EBITDA Margin by Year

Linde EBITDA Margin 2025: 38.1%

In 2025, Linde reported EBITDA margin of 38.09%, contracted 1.1 percentage points from 2024.

Linde EBITDA Margin 2024: 39.1%

Linde EBITDA margin in 2024 was 39.15%, expanded 1.7 percentage points from 2023.

Linde EBITDA Margin 2023: 37.4%

2023's EBITDA margin for Linde came in at 37.41%, expanded 7.6 percentage points from 2022.

Linde EBITDA Margin 2022: 29.8%

Linde posted EBITDA margin of 29.79% in 2022, contracted 2.3 percentage points from 2021.

Linde EBITDA Margin 2021: 32.1%

Linde EBITDA margin in 2021 was 32.13%.

See more financial history for Linde (LIN).

Sector peers by EBITDA Margin

Basic Materials peers of Linde (LIN), ranked by their latest EBITDA margin


Agnico Eagle Mines (AEM)	72.0%
Newmont (NEM)	68.4%
Southern Copper (SCCO)	61.3%
Freeport-McMoRan (FCX)	36.3%
Air Products and Chemicals (APD)	35.0%
Ecolab (ECL)	20.0%
CRH (CRH)	19.4%
Sherwin-Williams (SHW)	18.7%

Frequently asked questions

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