Linde plc Ordinary Shares (LIN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 6,565,000 | 6,199,000 | 4,147,000 | 3,826,000 | 2,501,000 |
| Revenue | US$ in thousands | 33,005,000 | 32,854,000 | 33,364,000 | 30,793,000 | 27,243,000 |
| Net profit margin | 19.89% | 18.87% | 12.43% | 12.42% | 9.18% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $6,565,000K ÷ $33,005,000K
= 19.89%
The net profit margin of Linde plc Ordinary Shares has demonstrated a positive trend over the past five years, increasing from 9.18% in 2020 to 19.89% in 2024. This indicates that the company has been able to effectively manage its expenses and generate higher profits relative to its revenue. The consistent improvement in net profit margin suggests that Linde plc has been successful in optimizing its operations and increasing efficiency. This trend is favorable as it reflects positively on the company's overall profitability and financial health.
Peer comparison
Dec 31, 2024
Company name
Symbol
Net profit margin
Linde plc Ordinary Shares
LIN
19.89%
Air Products and Chemicals Inc
APD
31.64%
Minerals Technologies Inc
MTX
7.89%