Linde LIN Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 48.8%+0.5pp | 48.8%+0.8pp | 48.8%+1.0pp | 48.4%+0.9pp | 48.3%+1.0pp | |
| Operating margin | 26.5%+0.1pp | 26.3%+0.1pp | 27.4%+2.0pp | 26.8%+1.3pp | 26.4%+1.4pp | |
| Net margin | 20.4%+0.4pp | 20.3%+0.4pp | 21.2%+1.8pp | 20.2%+0.7pp | 20%+0.8pp | |
| EBITDA margin | 37.5%-0.3pp | 37.3%-0.3pp | 38.5%+1.5pp | 38%+0.9pp | 37.8%+1.1pp | |
| Free cash flow margin | 14.7%-0.2pp | 15%0.0pp | 15.2%+0.2pp | 15.2%+0.5pp | 14.9%-1.4pp | |
| Returns | ||||||
| Return on equity | 18.5%+1.3pp | 18.1%+1.2pp | 18.2%+1.9pp | 17.5%+1.1pp | 17.2%+1.2pp | |
| Return on assets | 8.4%+0.3pp | 8.3%+0.1pp | 8.4%+0.5pp | 8.1%0.0pp | 8.1%+0.3pp | |
| Return on invested capital | 11.2%+0.1pp | 11%0.0pp | 11.4%+0.4pp | 11%-0.1pp | 11.2%+0.4pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Inventory turnover | 8.7×+0.4× | 8.7×+0.2× | 8.1×-0.1× | 8.1×-0.1× | 8.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 0.8×-0.1× | 0.9×0.0× | 0.8×-0.1× | 0.9×0.0× | 0.9×0.0× | |
| Quick ratio | 0.7×-0.1× | 0.7×0.0× | 0.7×-0.1× | 0.8×0.0× | 0.8×0.0× | |
| Cash ratio | 0.3×-0.1× | 0.3×0.0× | 0.3×-0.1× | 0.3×0.0× | 0.4×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.8×+0.1× | 0.9×+0.1× | 0.8×+0.1× | 0.8×+0.1× | 0.7×+0.1× | |
| Debt-to-assets | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.3×0.0× | |
| Net debt / EBITDA | 2.1×+0.2× | 2.2×+0.4× | 2×+0.4× | 2.1×+0.4× | 1.9×+0.2× | |
| Interest coverage | 35.7×+1.0× | 35×+1.3× | 37.6×+7.0× | 35.9×+1.9× | 34.8×-1.1× | |
| Per Share | ||||||
| Book value per share | $82.70+3.6% | $80.99+2.5% | $81.90+0.5% | $81.33+2.9% | $79.86-0.1% | |
| Valuation | ||||||
| Market capitalization | $229.73B+4.3% | $199.1B-0.1% | $222.73B-2.7% | $218.02B+3.1% | $220.21B-1.6% | |
| Enterprise value | $256.91B+5.6% | $226.63B+2.4% | $249.11B-0.1% | $244.03B+5.3% | $243.27B0.0% | |
| Price / earnings | 32.4×-0.9× | 28.9×-1.5× | 31.4×-4.5× | 32.5×-0.6× | 33.3×-2.2× | |
| Price / sales | 6.6×0.0× | 5.9×-0.2× | 6.6×-0.3× | 6.6×+0.1× | 6.7×-0.2× | |
| Price / book | 6×+0.2× | 5.2×0.0× | 5.8×-0.1× | 5.7×+0.1× | 5.8×0.0× | |
| EV / EBITDA | 19.8×+0.3× | 17.9×0.0× | 19.3×-1.1× | 19.3×+0.3× | 19.5×-0.8× | |
| EV / sales | 7.4×0.0× | 6.7×0.0× | 7.4×-0.1× | 7.3×+0.3× | 7.4×-0.1× | |
| Free cash flow yield | 2.2%0.0pp | 2.6%+0.1pp | 2.3%+0.1pp | 2.3%0.0pp | 2.2%-0.2pp | |
| Earnings yield | 3.1%+0.1pp | 3.5%+0.2pp | 3.2%+0.4pp | 3.1%+0.1pp | 3%+0.2pp | |
| Dividend yield | 1.2%0.0pp | 1.4%+0.1pp | 1.2%+0.1pp | 1.3%0.0pp | 1.2%+0.1pp | |
| PEG ratio | 4.6×-2.4× | 5.7×+0.5× | 2.8×-2.6× | 6.6×+3.9× | 7×+6.1× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Linde's profit margins?
- Linde (LIN) runs a 48.8% gross margin and a 26.5% operating margin, with a 20.4% net margin.
- Where do Linde's ratios come from?
- Every ratio is computed from Linde's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
