Linde plc Ordinary Shares (LIN)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 8,635,000 | 8,024,000 | 5,369,000 | 4,984,000 | 3,322,000 |
| Revenue | US$ in thousands | 33,005,000 | 32,854,000 | 33,364,000 | 30,793,000 | 27,243,000 |
| Operating profit margin | 26.16% | 24.42% | 16.09% | 16.19% | 12.19% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $8,635,000K ÷ $33,005,000K
= 26.16%
Based on the data provided, the operating profit margin of Linde plc Ordinary Shares has shown a positive trend over the years, reflecting an improving operational efficiency and profitability.
In December 2020, the operating profit margin was 12.19%, which increased to 16.19% by December 2021. The margin remained relatively stable in December 2022 at 16.09%, indicating consistency in the company's ability to generate profit from its operations.
A significant jump in operating profit margin was observed in December 2023, reaching 24.42%, suggesting enhanced profitability, possibly due to cost control measures or increased revenue generation. This positive trend continued into December 2024, with the operating profit margin further improving to 26.16%.
Overall, the increasing trend in Linde plc's operating profit margin over the years indicates effective management of operational costs and a growing ability to generate profit from its core business activities. This trend bodes well for the company's financial health and sustainable growth prospects.
Peer comparison
Dec 31, 2024