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Linde LIN Net margin

Net margin at other companies

Air Products and Chemicals logo
Air Products and ChemicalsAPD
16.9%+4.1pp
Entegris logo
EntegrisENTG
8.2%-1.4pp
Enterprise Products Partners logo
Enterprise Products PartnersEPD
11.4%+1.2pp
IR
Ingersoll RandIR
7.5%-3.8pp
CF Industries logo
CF IndustriesCF
28.7%+2.7pp
Quanta Services logo
Quanta ServicesPWR
3.7%-0.1pp

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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Gross margin48.8%+0.5pp
Operating margin26.5%+0.1pp

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 net margin?
Linde (LIN) reported net margin of 20.4% in Q1 2026.
How has Linde's net margin changed year-over-year?
Linde's net margin increased by 2.1% year-over-year, from 20% to 20.4%.
What is the long-term trend for Linde's net margin?
Over 4 years (2021 to 2025), Linde's net margin has grown at a 15.3% compound annual growth rate (CAGR), from 46.3% to 81.7%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.