Linde LIN Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 194.3%+3.7pp | 190.6%+10.8pp | 179.9%+13.1pp | 166.7%-8.2pp | |
| Operating margin | 106.8%+4.8pp | 102%+14.6pp | 87.4%+25.6pp | 61.9%+1.3pp | |
| Net margin | 81.7%+3.7pp | 78%+10.0pp | 68%+20.6pp | 47.4%+1.1pp | |
| EBITDA margin | 151.5%+3.2pp | 148.3%+13.5pp | 134.8%+19.1pp | 115.7%-8.7pp | |
| Free cash flow margin | 60.2%-0.7pp | 61%-4.1pp | 65.1%-14.4pp | 79.5%+4.5pp | |
| Returns | |||||
| Return on equity | 71%+5.4pp | 65.6%+9.3pp | 56.3%+19.7pp | 36.6%+6.7pp | |
| Return on assets | 32.9%+0.8pp | 32%+3.7pp | 28.4%+9.2pp | 19.2%+3.2pp | |
| Return on invested capital | 44.6%+0.6pp | 44%+5.1pp | 38.9%+12.9pp | 26%+3.9pp | |
| Efficiency | |||||
| Asset turnover | 1.6×0.0× | 1.6×0.0× | 1.7×0.0× | 1.6×+0.2× | |
| Inventory turnover | 33.3×0.0× | 33.3×-3.7× | 37×-6.3× | 43.2×+4.6× | |
| Liquidity | |||||
| Current ratio | 3.6×-0.1× | 3.7×+0.6× | 3.1×0.0× | 3.1×+0.1× | |
| Quick ratio | 3×-0.1× | 3.1×+0.5× | 2.6×0.0× | 2.6×+0.1× | |
| Cash ratio | 1.3×-0.1× | 1.4×+0.3× | 1.1×0.0× | 1.1×+0.1× | |
| Leverage | |||||
| Debt-to-equity | 3.2×+0.6× | 2.6×+0.3× | 2.3×+0.3× | 2×+0.3× | |
| Debt-to-assets | 1.4×+0.2× | 1.3×+0.1× | 1.2×+0.1× | 1×+0.1× | |
| Net debt / EBITDA | 8.1×+1.4× | 6.7×0.0× | 6.8×+0.2× | 6.6×0.0× | |
| Interest coverage | 143.2×+9.0× | 134.2×-226× | 360×— | —— | |
| Per Share | |||||
| Book value per share | $324.08+1.4% | $319.45-0.6% | $321.40+1.4% | $317.03-8.0% | |
| Valuation | |||||
| Market capitalization | $860.06B-0.4% | $863.5B+16.7% | $739.92B+23.9% | $597.1B-3.7% | |
| Enterprise value | $963.04B+1.8% | $945.8B+16.1% | $814.54B+23.5% | $659.48B-2.9% | |
| Price / earnings | 126×-8.7× | 134.7×+1.0× | 133.8×-19.7× | 153.5×-29.7× | |
| Price / sales | 25.7×-0.5× | 26.2×+3.8× | 22.5×+4.3× | 18.2×-2.9× | |
| Price / book | 22.4×0.0× | 22.4×+3.7× | 18.7×+3.8× | 14.9×+1.1× | |
| EV / EBITDA | 76×-1.5× | 77.6×+4.0× | 73.6×+4.2× | 69.4×-5.1× | |
| EV / sales | 28.8×+0.1× | 28.7×+4.0× | 24.7×+4.7× | 20.1×-3.1× | |
| Free cash flow yield | 9.4%+0.1pp | 9.3%-2.3pp | 11.6%-6.1pp | 17.7%+3.5pp | |
| Earnings yield | 12.7%+0.8pp | 11.9%-0.1pp | 12.1%+1.6pp | 10.5%+1.7pp | |
| Dividend yield | 5.1%+0.3pp | 4.8%-0.4pp | 5.3%-0.9pp | 6.2%+0.6pp | |
| PEG ratio | 22.1×+8.0× | 14.1×+9.0× | 5.1×-10.2× | 15.3×+10.6× |
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.
