What is Linde's net margin?

Latest reported net margin for Linde (LIN) is 20.56% as of the trailing twelve months (TTM) ending March 31, 2026.

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

Linde (LIN) net margin changed +0.4 percentage points year-over-year on the latest annual filing.

When did Linde net margin hit its highest annual value?

Linde net margin reached its highest annual value of 29.53% in 2018.

What was Linde net margin in 2024?

Linde (LIN) net margin in 2024 was 19.89%.

What was Linde net margin in 2025?

Linde (LIN) net margin in 2025 was 20.30%.

Linde (LIN) Net Profit Margin — Annual & Quarterly

TTM

20.6%

YoY change

+0.41pp

Trough year (1992)

-2.3%

Peak year (2018)

29.5%

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

Latest: 20.3%

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

Latest: +0.41pp

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


2025	20.3%	+0.41pp	Dec 31, 2025	Feb 25, 2026
2024	19.9%	+1.02pp	Dec 31, 2024	Feb 26, 2025
2023	18.9%	+6.44pp	Dec 31, 2023	Feb 28, 2024
2022	12.4%	+0.00pp	Dec 31, 2022	Feb 28, 2023
2021	12.4%	+3.24pp	Dec 31, 2021	Feb 28, 2022
2020	9.2%	+1.09pp	Dec 31, 2020	Mar 1, 2021
2019	8.1%	-21.43pp	Dec 31, 2019	Mar 2, 2020
2018	29.5%	+18.63pp	Dec 31, 2018	Mar 18, 2019
2017	10.9%	-3.34pp	Dec 31, 2017	Mar 23, 2018
2016	14.2%	-0.12pp	Dec 31, 2016	Dec 31, 2016
2015	14.4%	+0.55pp	Dec 31, 2015	Dec 31, 2015
2014	13.8%	-0.91pp	Dec 31, 2014	Dec 31, 2014
2013	14.7%	-0.36pp	Dec 31, 2013	Dec 31, 2013
2012	15.1%	+0.22pp	Dec 31, 2012	Dec 31, 2012
2011	14.9%	+3.05pp	Dec 31, 2011	Dec 31, 2011
2010	11.8%	-2.19pp	Dec 31, 2010	Dec 31, 2010
2009	14.0%	+2.78pp	Dec 31, 2009	Dec 31, 2009
2008	11.2%	-1.30pp	Dec 31, 2008	Dec 31, 2008
2007	12.5%	+0.65pp	Dec 31, 2007	Dec 31, 2007
2006	11.9%	+2.39pp	Dec 31, 2006	Dec 31, 2006
2005	9.5%	-1.09pp	Dec 31, 2005	Dec 31, 2005
2004	10.6%	+0.15pp	Dec 31, 2004	Dec 31, 2004
2003	10.4%	+2.45pp	Dec 31, 2003	Dec 31, 2003
2002	8.0%	-0.36pp	Dec 31, 2002	Dec 31, 2002
2001	8.3%	+1.14pp	Dec 31, 2001	Dec 31, 2001
2000	7.2%	-2.09pp	Dec 31, 2000	Dec 31, 2000
1999	9.3%	+0.50pp	Dec 31, 1999	Dec 31, 1999
1998	8.8%	+0.24pp	Dec 31, 1998	Dec 31, 1998
1997	8.6%	+2.21pp	Dec 31, 1997	Dec 31, 1997
1996	6.3%	-1.99pp	Dec 31, 1996	Dec 31, 1996
1995	8.3%	+0.84pp	Dec 31, 1995	Dec 31, 1995
1994	7.5%	+2.65pp	Dec 31, 1994	Dec 31, 1994
1993	4.8%	+7.14pp	Dec 31, 1993	Dec 31, 1993
1992	-2.3%	-6.64pp	Dec 31, 1992	Dec 31, 1992
1991	4.3%	—	Dec 31, 1991	Dec 31, 1991

202520.3%+0.41pp
202419.9%+1.02pp
202318.9%+6.44pp
202212.4%+0.00pp
202112.4%+3.24pp
20209.2%+1.09pp
20198.1%-21.43pp
201829.5%+18.63pp
201710.9%-3.34pp
201614.2%-0.12pp
201514.4%+0.55pp
201413.8%-0.91pp
201314.7%-0.36pp
201215.1%+0.22pp
201114.9%+3.05pp
201011.8%-2.19pp
200914.0%+2.78pp
200811.2%-1.30pp
200712.5%+0.65pp
200611.9%+2.39pp
20059.5%-1.09pp
200410.6%+0.15pp
200310.4%+2.45pp
20028.0%-0.36pp
20018.3%+1.14pp
20007.2%-2.09pp
19999.3%+0.50pp
19988.8%+0.24pp
19978.6%+2.21pp
19966.3%-1.99pp
19958.3%+0.84pp
19947.5%+2.65pp
19934.8%+7.14pp
1992-2.3%-6.64pp
19914.3%—

Net Profit 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 Net Profit Margin at Linde (LIN)

According to Linde's latest reported financial statements, the company's latest reported net margin is 20.6%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.

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.

In 2025, Linde (LIN) net margin totalled 20.30% – expanded 0.4 percentage points year-over-year.

The highest annual net margin of 29.53% was reported in 2018. The lowest in the available history was -2.30% in 1992.

Linde Net Profit Margin by Year

Linde Net Profit Margin 2025: 20.3%

In 2025, Linde reported net margin of 20.30%, expanded 0.4 percentage points from 2024.

Linde Net Profit Margin 2024: 19.9%

Linde net margin in 2024 was 19.89%, expanded 1.0 percentage points from 2023.

Linde Net Profit Margin 2023: 18.9%

2023's net margin for Linde came in at 18.87%, expanded 6.4 percentage points from 2022.

Linde Net Profit Margin 2022: 12.4%

Linde posted net margin of 12.43% in 2022, expanded 0.0 percentage points from 2021.

Linde Net Profit Margin 2021: 12.4%

Linde net margin in 2021 was 12.42%.

See more financial history for Linde (LIN).

Sector peers by Net Profit Margin

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


Agnico Eagle Mines (AEM)	39.5%
Newmont (NEM)	34.6%
Southern Copper (SCCO)	34.2%
Air Products and Chemicals (APD)	16.9%
Ecolab (ECL)	12.8%
Sherwin-Williams (SHW)	10.9%
Freeport-McMoRan (FCX)	10.3%
CRH (CRH)	9.0%

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