Linde plc Ordinary Shares (LIN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 42.25% | 48.81% | 51.23% | 53.55% | 53.09% | 46.11% | 44.22% | 42.77% | 41.70% | 40.91% | 41.68% | 42.42% | 43.03% | 43.89% | 44.16% | 43.80% | 43.53% | 42.76% | 42.23% | 41.58% |
| 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% |
| Pretax margin | 26.08% | 22.16% | 22.24% | 21.85% | 21.42% | 23.75% | 22.08% | 17.84% | 16.61% | 15.35% | 14.91% | 16.98% | 16.56% | 16.07% | 15.29% | 13.95% | 12.42% | 11.15% | 11.20% | 11.10% |
| Net profit margin | 19.89% | 17.04% | 17.17% | 16.97% | 16.63% | 18.44% | 17.20% | 13.46% | 12.43% | 11.39% | 10.88% | 12.66% | 12.42% | 11.99% | 11.37% | 10.48% | 9.18% | 8.29% | 8.37% | 8.35% |
The profitability ratios of Linde plc Ordinary Shares have shown fluctuating trends over the periods reported.
1. Gross Profit Margin: The gross profit margin has fluctuated between 40.91% to 53.09% over the reported periods. The margin saw a significant increase in December 31, 2023, but decreased in the subsequent periods.
2. Operating Profit Margin: The operating profit margin ranged from 10.90% to 26.16%. There was a notable improvement in the margin from June 30, 2023, to December 31, 2024, showing a steady upward trend during that period.
3. Pretax Margin: The pretax margin varied from 11.10% to 26.08%. Following a similar pattern to the operating profit margin, there was a consistent increase from June 30, 2023, to December 31, 2024, indicating increasing profitability before tax.
4. Net Profit Margin: The net profit margin fluctuated between 8.29% to 19.89%. Similar to the operating and pretax margins, the net profit margin also displayed an upward trend from June 30, 2023, to December 31, 2024, reflecting improving profitability after considering all expenses.
Overall, while the gross profit margin showed volatility, the operating, pretax, and net profit margins demonstrated improvement in profitability over the latter reporting periods. This indicates that the company was able to control costs and enhance operational efficiency, leading to higher profitability.
Return on investment
| 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 return on assets (Operating ROA) | 10.77% | 10.17% | 10.42% | 10.19% | 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% |
| Return on assets (ROA) | 8.19% | 7.73% | 7.98% | 7.85% | 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% |
| Return on total capital | 22.87% | 21.72% | 22.36% | 21.54% | 20.79% | 20.43% | 30.42% | 37.49% | 46.55% | 48.71% | 33.80% | 23.04% | 12.50% | 11.76% | 10.72% | 9.54% | 8.67% | 8.25% | 8.09% | 8.09% |
| Return on equity (ROE) | 17.23% | 16.29% | 16.76% | 16.25% | 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% |
Linde plc Ordinary Shares has demonstrated a positive trend in profitability ratios over the analyzed period. The Operating return on assets (Operating ROA) has steadily increased from 3.62% on March 31, 2020, to 10.77% on December 31, 2024, indicating that the company's operating income generated from its assets has been improving consistently.
Similarly, the Return on assets (ROA) has shown a positive trajectory, rising from 2.77% on March 31, 2020, to 8.19% on December 31, 2024. This metric reveals the overall effectiveness of the company in generating profits from its total assets.
Moreover, the Return on total capital has exhibited significant fluctuation, with peaks and troughs in its values. Despite the variability, there is an overall upward trend, with the ratio climbing from 8.09% on March 31, 2020, to 22.87% on December 31, 2024. This suggests that the company has been increasingly efficient in utilizing its total capital to generate returns for the shareholders.
Additionally, the Return on equity (ROE) has consistently increased from 5.23% on March 31, 2020, to 17.23% on December 31, 2024. The rising ROE indicates that the company has been delivering higher returns to its equity shareholders over time.
Overall, Linde plc Ordinary Shares has shown improvement in profitability ratios, reflecting a positive financial performance and efficient utilization of assets and capital to drive returns for investors.
See also:
Linde plc Ordinary Shares Profitability Ratios (Quarterly Data)