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Linde (DE:LIN)
XETRA:LIN
Germany Market

Linde (LIN) Ratios

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Linde Ratios

DE:LIN's free cash flow for Q4 2025 was $0.48. For the 2025 fiscal year, DE:LIN's free cash flow was decreased by $ and operating cash flow was $0.24. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
0.88 0.88 0.89 0.80 0.79
Quick Ratio
0.74 0.74 0.76 0.67 0.67
Cash Ratio
0.33 0.33 0.33 0.30 0.33
Solvency Ratio
0.23 0.23 0.25 0.25 0.22
Operating Cash Flow Ratio
0.68 0.68 0.65 0.59 0.54
Short-Term Operating Cash Flow Coverage
1.64 1.64 1.50 1.56 1.55
Net Current Asset Value
$ -33.75B$ -33.75B$ -27.71B$ -27.10B$ -25.22B
Leverage Ratios
Debt-to-Assets Ratio
0.31 0.31 0.28 0.25 0.24
Debt-to-Equity Ratio
0.71 0.71 0.59 0.51 0.47
Debt-to-Capital Ratio
0.41 0.41 0.37 0.34 0.32
Long-Term Debt-to-Capital Ratio
0.35 0.35 0.29 0.25 0.23
Financial Leverage Ratio
2.27 2.27 2.10 2.03 1.99
Debt Service Coverage Ratio
1.68 1.69 1.59 1.62 1.44
Interest Coverage Ratio
42.15 42.15 15.03 16.61 33.65
Debt to Market Cap
0.12 0.14 0.11 0.10 0.11
Interest Debt Per Share
58.34 58.34 48.42 42.61 37.99
Net Debt to EBITDA
1.70 1.69 1.37 1.27 1.34
Profitability Margins
Gross Profit Margin
43.33%43.33%36.61%35.14%29.10%
EBIT Margin
26.91%27.02%27.70%25.80%17.19%
EBITDA Margin
37.98%38.09%39.15%37.41%29.79%
Operating Profit Margin
26.29%26.29%26.04%24.67%19.36%
Pretax Profit Margin
26.40%26.40%26.48%24.82%17.13%
Net Profit Margin
20.42%20.30%19.89%18.87%12.43%
Continuous Operations Profit Margin
20.64%20.64%20.41%19.30%12.83%
Net Income Per EBT
77.37%76.89%75.12%76.01%72.56%
EBT Per EBIT
100.40%100.40%101.68%100.62%88.47%
Return on Assets (ROA)
7.99%7.95%8.19%7.67%5.21%
Return on Equity (ROE)
18.10%18.04%17.23%15.61%10.36%
Return on Capital Employed (ROCE)
12.48%12.48%13.10%12.45%10.22%
Return on Invested Capital (ROIC)
8.97%8.97%9.19%8.84%7.00%
Return on Tangible Assets
14.76%14.67%15.31%14.88%10.01%
Earnings Yield
3.11%3.47%3.28%3.09%2.54%
Efficiency Ratios
Receivables Turnover
6.49 6.49 6.52 6.45 6.80
Payables Turnover
6.85 6.85 8.35 7.06 7.90
Inventory Turnover
9.37 9.37 10.75 10.07 11.96
Fixed Asset Turnover
1.20 1.20 1.28 1.29 1.42
Asset Turnover
0.39 0.39 0.41 0.41 0.42
Working Capital Turnover Ratio
-14.36 -19.58 -14.06 -10.06 -9.65
Cash Conversion Cycle
41.91 41.91 46.19 41.07 38.00
Days of Sales Outstanding
56.22 56.22 55.98 56.57 53.69
Days of Inventory Outstanding
38.94 38.94 33.95 36.23 30.52
Days of Payables Outstanding
53.25 53.25 43.73 51.73 46.22
Operating Cycle
95.17 95.17 89.93 92.80 84.22
Cash Flow Ratios
Operating Cash Flow Per Share
22.20 22.20 19.68 19.06 17.74
Free Cash Flow Per Share
10.91 10.91 10.29 11.30 11.39
CapEx Per Share
11.28 11.28 9.39 7.76 6.35
Free Cash Flow to Operating Cash Flow
0.49 0.49 0.52 0.59 0.64
Dividend Paid and CapEx Coverage Ratio
1.28 1.28 1.32 1.48 1.61
Capital Expenditure Coverage Ratio
1.97 1.97 2.10 2.46 2.79
Operating Cash Flow Coverage Ratio
0.38 0.38 0.42 0.46 0.47
Operating Cash Flow to Sales Ratio
0.30 0.30 0.29 0.28 0.27
Free Cash Flow Yield
2.30%2.56%2.46%2.75%3.49%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
32.10 28.82 30.53 32.34 39.31
Price-to-Sales (P/S) Ratio
6.52 5.85 6.07 6.10 4.89
Price-to-Book (P/B) Ratio
5.83 5.20 5.26 5.05 4.07
Price-to-Free Cash Flow (P/FCF) Ratio
43.52 39.07 40.69 36.34 28.64
Price-to-Operating Cash Flow Ratio
21.53 19.21 21.27 21.55 18.39
Price-to-Earnings Growth (PEG) Ratio
-15.04 4.12 3.84 0.61 3.23
Price-to-Fair Value
5.83 5.20 5.26 5.05 4.07
Enterprise Value Multiple
18.86 17.05 16.89 17.59 17.74
Enterprise Value
243.41B 220.74B 218.21B 216.16B 176.36B
EV to EBITDA
18.86 17.05 16.89 17.59 17.74
EV to Sales
7.16 6.49 6.61 6.58 5.29
EV to Free Cash Flow
47.83 43.38 44.30 39.17 30.99
EV to Operating Cash Flow
23.52 21.33 23.16 23.23 19.90
Tangible Book Value Per Share
-0.12 -0.12 4.64 3.98 6.30
Shareholders’ Equity Per Share
82.03 82.03 79.56 81.36 80.10
Tax and Other Ratios
Effective Tax Rate
0.22 0.22 0.23 0.22 0.25
Revenue Per Share
72.89 72.89 68.94 67.30 66.76
Net Income Per Share
14.89 14.79 13.71 12.70 8.30
Tax Burden
0.77 0.77 0.75 0.76 0.73
Interest Burden
0.98 0.98 0.96 0.96 1.00
Research & Development to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
SG&A to Revenue
0.00 0.00 0.06 0.00 0.00
Stock-Based Compensation to Revenue
<0.01 <0.01 0.00 <0.01 <0.01
Income Quality
1.49 1.49 1.44 1.50 2.07
Currency in USD