Linde plc Ordinary Shares (LIN)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 8,739,000 | 7,988,000 | 5,543,000 | 5,099,000 | 3,384,000 |
| Revenue | US$ in thousands | 33,005,000 | 32,854,000 | 33,364,000 | 30,793,000 | 27,243,000 |
| Pretax margin | 26.48% | 24.31% | 16.61% | 16.56% | 12.42% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $8,739,000K ÷ $33,005,000K
= 26.48%
The pretax margin of Linde plc Ordinary Shares has been showing a positive trend over the past five years. It increased from 12.42% in December 2020 to 26.48% in December 2024, indicating an improving profitability before accounting for taxes. This steady growth suggests that the company has been effectively managing its expenses and generating higher operating income relative to its revenue over the years. The significant increase in pretax margin from 2020 to 2024, reaching above 26%, demonstrates the company's ability to optimize its operations and potentially achieve better cost efficiencies. Overall, the upward trajectory of the pretax margin signifies positive financial performance and efficiency improvements for Linde plc Ordinary Shares.
Peer comparison
Dec 31, 2024