Linde PLC (LIN) stock
LINNasdaqIndustrial Inorganic ChemicalsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 14/3026% above fair value
$522.49−4.06 (-0.77%)
Close on Nov 12, 2026Market cap $239.87BP/E 34.7Yield 1.15%
Linde operating margin
Operating margin is operating income as a percentage of revenue.
Linde's operating margin for the twelve months ending Sep 30, 2026 was 25.3%. For fiscal 2025 it was 26.3%, against 26.2% the year before. The highest annual figure on record is 35.4% in fiscal 2018.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 26.3% | +0.1 |
| FY2024 | Dec 31, 2024 | 26.2% | +1.7 |
| FY2023 | Dec 31, 2023 | 24.4% | +8.3 |
| FY2022 | Dec 31, 2022 | 16.1% | −0.1 |
| FY2021 | Dec 31, 2021 | 16.2% | +4.0 |
| FY2020 | Dec 31, 2020 | 12.2% | +1.8 |
| FY2019 | Dec 31, 2019 | 10.4% | −25.0 |
| FY2018 | Dec 31, 2018 | 35.4% | +13.8 |
| FY2017 | Dec 31, 2017 | 21.5% | +0.2 |
| FY2016 | Dec 31, 2016 | 21.3% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 22.9% | −4.6 |
| Q2 FY2026 | Jun 30, 2026 | 27.5% | −0.2 |
| Q1 FY2026 | Mar 31, 2026 | 27.8% | +0.9 |
| Q4 FY2025 | Dec 31, 2025 | 23.0% | −4.4 |
| Q3 FY2025 | Sep 30, 2025 | 27.5% | +2.5 |
| Q2 FY2025 | Jun 30, 2025 | 27.7% | +1.3 |
| Q1 FY2025 | Mar 31, 2025 | 26.9% | +1.1 |
| Q4 FY2024 | Dec 31, 2024 | 27.4% | +3.0 |
| Q3 FY2024 | Sep 30, 2024 | 25.0% | −0.2 |
| Q2 FY2024 | Jun 30, 2024 | 26.4% | +1.9 |
| Q1 FY2024 | Mar 31, 2024 | 25.9% | +2.3 |
| Q4 FY2023 | Dec 31, 2023 | 24.4% | +3.1 |
| Q3 FY2023 | Sep 30, 2023 | 25.2% | +6.8 |
| Q2 FY2023 | Jun 30, 2023 | 24.5% | +17.5 |
| Q1 FY2023 | Mar 31, 2023 | 23.6% | +5.6 |
| Q4 FY2022 | Dec 31, 2022 | 21.4% | +5.2 |
| Q3 FY2022 | Sep 30, 2022 | 18.3% | +1.5 |
| Q2 FY2022 | Jun 30, 2022 | 7.0% | −8.1 |
| Q1 FY2022 | Mar 31, 2022 | 18.0% | +1.3 |
| Q4 FY2021 | Dec 31, 2021 | 16.1% | +2.0 |
| Q3 FY2021 | Sep 30, 2021 | 16.8% | +2.7 |
| Q2 FY2021 | Jun 30, 2021 | 15.1% | +5.8 |
| Q1 FY2021 | Mar 31, 2021 | 16.7% | +5.9 |
| Q4 FY2020 | Dec 31, 2020 | 14.2% | +4.9 |
| Q3 FY2020 | Sep 30, 2020 | 14.1% | −0.2 |
| Q2 FY2020 | Jun 30, 2020 | 9.3% | −0.0 |
| Q1 FY2020 | Mar 31, 2020 | 10.9% | +2.1 |
| Q4 FY2019 | Dec 31, 2019 | 9.3% | −46.5 |
| Q3 FY2019 | Sep 30, 2019 | 14.3% | −8.0 |
| Q2 FY2019 | Jun 30, 2019 | 9.3% | −13.3 |
| Q1 FY2019 | Mar 31, 2019 | 8.8% | −13.1 |
| Q4 FY2018 | Dec 31, 2018 | 55.8% | +34.1 |
| Q3 FY2018 | Sep 30, 2018 | 22.2% | +0.6 |
| Q2 FY2018 | Jun 30, 2018 | 22.6% | +1.3 |
| Q1 FY2018 | Mar 31, 2018 | 21.9% | +1.1 |
| Q4 FY2017 | Dec 31, 2017 | 21.6% | – |
| Q3 FY2017 | Sep 30, 2017 | 21.6% | – |
| Q2 FY2017 | Jun 30, 2017 | 21.4% | – |
| Q1 FY2017 | Mar 31, 2017 | 20.8% | – |
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