Linde plc Ordinary Shares (LIN)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 2,285,000 | 4,752,000 | 4,478,000 | 3,989,000 |
| Revenue (ttm) | US$ in thousands | 32,607,000 | 32,273,000 | 32,937,000 | 33,237,000 | 33,292,000 | 33,587,000 | 32,468,000 | 31,582,000 | 30,594,000 | 29,518,000 | 28,675,000 | 27,486,000 | 27,002,000 | 27,013,000 | 27,360,000 | 28,187,000 | 28,392,000 | 27,128,000 | 22,988,000 | 18,737,000 |
| Net profit margin | 19.01% | 18.54% | 17.28% | 13.51% | 12.46% | 11.45% | 10.94% | 12.73% | 12.51% | 12.09% | 11.48% | 10.58% | 9.26% | 8.30% | 8.32% | 8.31% | 8.05% | 17.52% | 19.48% | 21.29% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $6,199,000K ÷ $32,607,000K
= 19.01%
Net profit margin is a key financial ratio that indicates the percentage of each dollar of revenue that translates into net income after all expenses have been deducted. Analyzing Linde Plc.'s net profit margin over the last eight quarters reveals a generally positive trend.
In Q1 2022, the net profit margin stood at 12.66%, a healthy margin indicating efficient cost management. However, there was a slight decrease in Q2 2022 to 10.88%, which could suggest increased expenses relative to revenue during that period.
The trend then reversed with an upward trajectory in the subsequent quarters. The net profit margin steadily increased to 11.39% in Q3 2022 and further improved to 12.43% in Q4 2022. This upward trend continued into 2023, with the net profit margin reaching 13.46% in Q1, 17.20% in Q2, 18.44% in Q3, and peaking at 18.87% in Q4.
This consistent improvement in net profit margin indicates enhanced profitability over time, reflecting effective cost control measures and potentially increasing revenue streams. The company's ability to generate more profit from each dollar of revenue indicates a positive financial performance and management's operational efficiency in driving profitability.
Overall, the increasing trend in Linde Plc.'s net profit margin demonstrates the company's financial strength and its ability to generate more profit relative to its revenue, which is a positive indicator for investors and stakeholders.
Peer comparison
Dec 31, 2023
See also:
Linde plc Ordinary Shares Net Profit Margin (Quarterly Data)