Linde plc Ordinary Shares (LIN)

Net 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
Net income (ttm) US$ in thousands 6,565,000 6,383,000 6,398,000 6,310,000 6,199,000 5,984,000 5,692,000 4,489,000 4,147,000 3,845,000 3,551,000 4,020,000 3,826,000 3,570,000 3,291,000 2,908,000 2,501,000 2,242,000 2,277,000 2,341,000
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
Net profit margin 19.89% 17.04% 17.17% 16.97% 16.63% 18.44% 17.20% 13.46% 12.43% 11.39% 10.88% 12.66% 12.42% 11.99% 11.37% 10.48% 9.18% 8.29% 8.37% 8.35%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $6,565,000K ÷ $33,005,000K
= 19.89%

The net profit margin of Linde plc Ordinary Shares has shown a positive trend over the analyzed period from March 31, 2020, to December 31, 2024. The net profit margin increased from 8.35% in March 2020 to 19.89% in December 2024. This indicates that the company has been effectively controlling its costs and expenses relative to its revenue, resulting in an improvement in profitability.

The net profit margin fluctuated somewhat throughout the period, with occasional decreases followed by increases. However, the general trend remained positive, with consistent growth in profitability over time. The net profit margin peaked at 19.89% in December 2024, indicating that the company was able to generate a higher proportion of profit from its revenue at the end of the period.

Overall, the increasing trend in the net profit margin demonstrates the company's ability to efficiently manage its operations and generate higher profits relative to its revenue. This positive trend may reflect effective cost management strategies, revenue growth initiatives, or a combination of both, ultimately contributing to the company's financial health and performance.


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%

See also:

Linde plc Ordinary Shares Net Profit Margin (Quarterly Data)