Linde LIN Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 194.8%+3.2pp | 194.3%+3.7pp | 193.5%+4.2pp | 192.5%+4.8pp | 191.6%+7.3pp | |
| Operating margin | 106.9%+3.4pp | 106.8%+4.8pp | 106.7%+6.4pp | 104.8%+6.2pp | 103.5%+8.5pp | |
| Net margin | 82.1%+3.4pp | 81.7%+3.7pp | 81.3%+4.3pp | 79.4%+3.4pp | 78.7%+5.0pp | |
| EBITDA margin | 151.3%+1.8pp | 151.5%+3.2pp | 151.8%+5.1pp | 150.3%+5.1pp | 149.4%+7.6pp | |
| Free cash flow margin | 60.1%+0.5pp | 60.2%-0.7pp | 60.2%-2.7pp | 60%-3.6pp | 59.5%-5.6pp | |
| Returns | ||||||
| Return on equity | 72.3%+5.5pp | 71%+5.4pp | 69.8%+5.5pp | 67.9%+4.3pp | 66.8%+5.3pp | |
| Return on assets | 33.1%+0.9pp | 32.9%+0.8pp | 32.8%+1.2pp | 32.3%+0.8pp | 32.3%+1.6pp | |
| Return on invested capital | 44.7%+0.3pp | 44.6%+0.6pp | 44.6%+1.1pp | 44.2%+0.9pp | 44.3%+2.2pp | |
| Efficiency | ||||||
| Asset turnover | 1.6×0.0× | 1.6×0.0× | 1.6×0.0× | 1.6×0.0× | 1.6×0.0× | |
| Inventory turnover | 33.7×+0.4× | 33.3×0.0× | 33.1×-0.3× | 33.2×-0.8× | 33.3×-2.0× | |
| Liquidity | ||||||
| Current ratio | 3.5×-0.3× | 3.6×-0.1× | 3.6×0.0× | 3.7×+0.2× | 3.7×+0.4× | |
| Quick ratio | 2.9×-0.3× | 3×-0.1× | 3×0.0× | 3.1×+0.2× | 3.2×+0.4× | |
| Cash ratio | 1.2×-0.2× | 1.3×-0.1× | 1.3×0.0× | 1.4×+0.1× | 1.4×+0.3× | |
| Leverage | ||||||
| Debt-to-equity | 3.3×+0.5× | 3.2×+0.6× | 3×+0.5× | 2.9×+0.4× | 2.8×+0.4× | |
| Debt-to-assets | 1.5×+0.2× | 1.4×+0.2× | 1.4×+0.2× | 1.3×+0.1× | 1.3×+0.1× | |
| Net debt / EBITDA | 8.4×+1.4× | 8.1×+1.4× | 7.7×+1.0× | 7.4×+0.8× | 7×+0.5× | |
| Interest coverage | 144.2×+11.1× | 143.2×+9.0× | 142×-22.2× | 135×-49.8× | 133.1×-96.4× | |
| Per Share | ||||||
| Book value per share | $326.92+2.4% | $324.08+1.4% | $322.10+0.3% | $321.66+0.9% | $319.34-0.4% | |
| Valuation | ||||||
| Market capitalization | $869.59B+1.1% | $860.06B-0.4% | $860.31B-0.3% | $866.46B+6.2% | $859.92B+8.9% | |
| Enterprise value | $976.68B+3.3% | $963.04B+1.8% | $957.75B+1.5% | $958.11B+7.2% | $945.78B+9.4% | |
| Price / earnings | 125.2×-7.4× | 126×-8.7× | 127.5×-8.9× | 132×+1.1× | 132.6×+2.1× | |
| Price / sales | 25.7×-0.4× | 25.7×-0.5× | 25.9×-0.3× | 26.2×+1.3× | 26.1×+2.0× | |
| Price / book | 22.6×+0.2× | 22.4×0.0× | 22.5×+0.3× | 22.5×+1.6× | 22.4×+2.3× | |
| EV / EBITDA | 76.3×-0.5× | 76×-1.5× | 76×-2.3× | 77.1×+2.0× | 76.8×+2.5× | |
| EV / sales | 28.9×+0.2× | 28.8×+0.1× | 28.9×+0.1× | 29×+1.7× | 28.7×+2.3× | |
| Free cash flow yield | 9.4%+0.2pp | 9.4%+0.1pp | 9.3%-0.3pp | 9.2%-1.1pp | 9.2%-1.7pp | |
| Earnings yield | 12.8%+0.7pp | 12.7%+0.8pp | 12.6%+0.8pp | 12.2%-0.1pp | 12.1%-0.2pp | |
| Dividend yield | 5.1%+0.2pp | 5.1%+0.3pp | 5.1%+0.3pp | 5%0.0pp | 4.9%-0.1pp | |
| PEG ratio | 19.6×-0.5× | 22.1×+8.0× | 21.5×+12.0× | 24.1×+19.3× | 20.2×+17.6× |
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.
