Linde plc Ordinary Shares (LIN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 24.93% | 24.31% | 22.77% | 18.52% | 17.24% | 15.75% | 18.77% | 24.60% | 24.44% | 23.80% | 23.42% | 22.24% | 20.92% | 24.18% | 22.98% | 22.53% | 36.53% | 49.99% | 62.28% | 80.62% |
| 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% |
| Pretax margin | 24.57% | 23.94% | 22.28% | 18.00% | 16.76% | 15.57% | 14.99% | 17.04% | 16.63% | 16.08% | 15.38% | 14.04% | 12.40% | 11.10% | 11.21% | 11.12% | 10.76% | 21.06% | 23.05% | 27.76% |
| 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% |
Linde Plc. has shown a consistent improvement in its profitability ratios over the past quarters. The gross profit margin has been steadily increasing from 41.70% in Q4 2022 to 46.76% in Q4 2023, indicating efficient management of production costs and pricing strategies.
The operating profit margin has also shown a positive trend, starting at 17.46% in Q1 2022 and rising to 24.67% in Q4 2023. This demonstrates the company's ability to control both its cost of goods sold and operating expenses effectively to generate higher operating profits.
The pretax margin has improved significantly, increasing from 15.87% in Q3 2022 to 24.82% in Q4 2023. This suggests that Linde Plc. has not only managed its operating expenses well but also benefited from lower non-operating costs or higher non-operating income.
Furthermore, the net profit margin has also shown a substantial improvement, climbing from 10.88% in Q2 2022 to 18.87% in Q4 2023. This indicates that the company's bottom-line profitability has strengthened, reflecting efficient management of taxes and interest expenses.
Overall, Linde Plc.'s profitability ratios have demonstrated a positive growth trajectory, showcasing effective cost management, pricing strategies, and improved operational efficiency.
Return on investment
| 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 return on assets (Operating ROA) | 9.93% | 9.87% | 9.20% | 7.25% | 6.74% | 6.75% | 6.03% | 6.34% | 6.11% | 5.55% | 5.16% | 4.47% | 3.77% | 3.38% | 3.47% | 3.62% | 3.39% | 6.53% | 5.94% | 5.62% |
| Return on assets (ROA) | 7.67% | 7.69% | 7.23% | 5.59% | 5.21% | 5.17% | 4.56% | 4.86% | 4.69% | 4.24% | 3.90% | 3.42% | 2.83% | 2.57% | 2.65% | 2.77% | 2.64% | 5.63% | 5.14% | 4.35% |
| Return on total capital | 15.11% | 14.74% | 13.56% | 11.26% | 10.28% | 13.34% | 11.84% | 12.22% | 9.00% | 10.55% | 9.51% | 8.23% | 5.59% | 6.38% | 6.54% | 6.83% | 4.91% | 11.26% | 10.25% | 10.07% |
| Return on equity (ROE) | 15.61% | 15.38% | 14.26% | 11.23% | 10.36% | 10.22% | 8.95% | 9.36% | 8.69% | 8.05% | 7.19% | 6.29% | 5.29% | 4.86% | 5.00% | 5.23% | 4.66% | 9.71% | 8.86% | 7.79% |
Linde Plc. has shown a consistent improvement in its profitability ratios over the quarters.
1. Operating return on assets (Operating ROA) has been steadily increasing, from 6.70% in Q1 2022 to 10.03% in Q4 2023. This indicates that the company is efficiently utilizing its assets to generate operating income.
2. Return on assets (ROA) has also been on an upward trend, reaching 7.67% in Q4 2023 from 4.86% in Q1 2022. This suggests that the company is becoming more effective in generating profits from its total assets.
3. Return on total capital has shown a similar positive trend, increasing from 9.54% in Q1 2022 to 13.95% in Q4 2023. This reflects the company's ability to generate returns from both equity and debt capital employed in the business.
4. Return on equity (ROE) has also seen a consistent improvement, rising to 15.61% in Q4 2023 from 9.36% in Q1 2022. This indicates that the company is efficiently generating profits for its shareholders.
Overall, these profitability ratios demonstrate Linde Plc.'s strong performance and effective management of its assets and capital to drive increasing returns for its stakeholders.
See also:
Linde plc Ordinary Shares Profitability Ratios (Quarterly Data)