Linde plc Ordinary Shares (LIN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 8,633,000 | 8,391,000 | 8,357,000 | 8,186,000 | 8,024,000 | 7,683,000 | 7,244,000 | 5,822,000 | 5,369,000 | 5,019,000 | 4,698,000 | 5,251,000 | 4,984,000 | 4,676,000 | 4,353,000 | 3,802,000 | 3,322,000 | 2,948,000 | 2,979,000 | 3,057,000 |
| 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 |
| Operating profit margin | 26.16% | 22.40% | 22.43% | 22.01% | 21.52% | 23.68% | 21.89% | 17.46% | 16.09% | 14.87% | 14.40% | 16.53% | 16.19% | 15.71% | 15.03% | 13.70% | 12.19% | 10.90% | 10.95% | 10.91% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $8,633,000K ÷ $33,005,000K
= 26.16%
The operating profit margin of Linde plc Ordinary Shares has exhibited a generally upward trend over the recorded periods, starting at around 10.91% in March 2020 and increasing to 26.16% by December 2024. There have been fluctuations in the operating profit margin, with some quarters showing higher increases compared to others.
The company's operating profit margin saw significant improvement from March 2023 to December 2024, indicating a positive trend in the company's operational efficiency and cost management. This upward trajectory suggests that the company has been able to more effectively control its operating expenses relative to its sales, leading to improved profitability.
It is essential to monitor the operating profit margin over time to assess Linde plc's ability to maintain or improve its operational efficiency and profitability. A sustained increase in operating profit margin can be a positive indicator of the company's financial performance and competitive position within the industry.
Peer comparison
Dec 31, 2024
See also:
Linde plc Ordinary Shares Operating Profit Margin (Quarterly Data)