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Linde LIN Gross margin

Gross margin at other companies

Air Products and Chemicals logo
Air Products and ChemicalsAPD
32%0.0pp
Entegris logo
EntegrisENTG
44.6%-1.3pp
IR
Ingersoll RandIR
43.2%-0.6pp
CF Industries logo
CF IndustriesCF
39.1%+2.9pp
Quanta Services logo
Quanta ServicesPWR
15.1%+0.1pp
CNP
CenterPoint EnergyCNP
100%0.0pp

Other financials

Income statement

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Revenue$8.8B+8.3%
Gross profit$4.3B+7.7%
Operating income$2.4B+11.7%
Net income$1.9B+11.0%
EPS (diluted)$3.98+13.4%

Balance sheet

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Cash & equivalents$4.0B-25.2%
Total debt$31.1B+9.8%
Total equity$38.6B+1.4%
Total assets$86.3B+4.4%

Cash flow

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Operating cash flow$2.2B+3.7%
CapEx$1.3B+5.7%
Free cash flow$898.0M+0.8%

Valuation

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Market cap$238.5B+4.3%
Enterprise value$265.68B+5.6%
P/E33.7×-0.9×
P/S6.9×0.0×

Profitability

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Operating margin26.5%+0.1pp
Net margin20.4%+0.4pp

Returns & leverage

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Return on equity18.5%+1.3pp
Debt / equity0.8×+0.1×
Current ratio0.8×-0.1×

Where this comes from

Calculated from Linde’s reported figures.

Based on trailing twelve months.

The official record: Linde’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Linde's gross margin?
Linde (LIN) reported gross margin of 48.8% in Q1 2026.
How has Linde's gross margin changed year-over-year?
Linde's gross margin increased by 1.1% year-over-year, from 48.3% to 48.8%.
What is the long-term trend for Linde's gross margin?
Over 4 years (2021 to 2025), Linde's gross margin has grown at a 2.7% compound annual growth rate (CAGR), from 174.9% to 194.3%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.