Linde plc Ordinary Shares (LIN)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 13,944,000 | 18,284,000 | 19,085,000 | 19,915,000 | 19,793,000 | 14,963,000 | 14,634,000 | 14,263,000 | 13,914,000 | 13,813,000 | 13,601,000 | 13,474,000 | 13,250,000 | 13,065,000 | 12,785,000 | 12,153,000 | 11,860,000 | 11,567,000 | 11,486,000 | 11,652,000 |
| Revenue (ttm) | US$ in thousands | 33,005,000 | 37,456,000 | 37,255,000 | 37,192,000 | 37,285,000 | 32,451,000 | 33,093,000 | 33,346,000 | 33,364,000 | 33,763,000 | 32,634,000 | 31,761,000 | 30,793,000 | 29,767,000 | 28,954,000 | 27,747,000 | 27,243,000 | 27,051,000 | 27,196,000 | 28,023,000 |
| Gross profit margin | 42.25% | 48.81% | 51.23% | 53.55% | 53.09% | 46.11% | 44.22% | 42.77% | 41.70% | 40.91% | 41.68% | 42.42% | 43.03% | 43.89% | 44.16% | 43.80% | 43.53% | 42.76% | 42.23% | 41.58% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $13,944,000K ÷ $33,005,000K
= 42.25%
The gross profit margin of Linde plc Ordinary Shares has exhibited variability over the analyzed period. Starting at 41.58% in March 2020, the margin increased gradually to reach a peak of 53.55% by March 2024. This upward trend reflects improving profitability in the company's core operations. However, following this peak, there was a decline in the gross profit margin to 42.25% by December 2024.
It is notable that the company experienced fluctuations in the gross profit margin throughout the period, indicating potential shifts in the cost structure or pricing strategies. In particular, the significant increase in the margin from September 2023 to December 2023, where it jumped from 46.11% to 53.09%, followed by a notable drop to 53.55% by March 2024, suggests potential changes in sales mix or cost efficiencies during that period.
The decrease in the gross profit margin from March 2024 to December 2024 may raise concerns about the company's ability to maintain profitability levels in the face of changing market conditions or cost pressures. Further analysis would be required to understand the underlying factors driving these fluctuations and to assess the implications for Linde plc's financial performance and strategic outlook.
Peer comparison
Dec 31, 2024
See also:
Linde plc Ordinary Shares Gross Profit Margin (Quarterly Data)