Linde plc Ordinary Shares (LIN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 2,933,000 | 5,514,000 | 5,183,000 | 5,153,000 |
| 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 |
| Operating profit margin | 24.61% | 23.81% | 21.99% | 17.52% | 16.13% | 14.94% | 14.47% | 16.63% | 16.29% | 15.84% | 15.18% | 13.83% | 12.30% | 10.91% | 10.89% | 10.85% | 10.33% | 20.33% | 22.55% | 27.50% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $8,024,000K ÷ $32,607,000K
= 24.61%
Linde Plc.'s operating profit margin has shown a consistent positive trend over the past eight quarters. The operating profit margin has been gradually increasing from 17.46% in Q1 2022 to 24.67% in Q4 2023. This indicates that the company's ability to generate profit from its core operations has been improving steadily.
The rising trend in the operating profit margin suggests that Linde Plc. has been effectively managing its costs and expenses relative to its revenue. This could be attributed to various factors such as operational efficiencies, cost control measures, revenue growth, or pricing strategies.
The upward trajectory of the operating profit margin indicates a stronger profitability for Linde Plc. and a potentially healthier financial position. It demonstrates the company's ability to convert a higher proportion of its revenue into operating profits, which is a positive indicator of operational performance and efficiency. This trend could inspire confidence among investors and stakeholders in the company's financial stability and growth prospects.
Peer comparison
Dec 31, 2023
See also:
Linde plc Ordinary Shares Operating Profit Margin (Quarterly Data)