LindeWBO:LIN +1.65%26 FCF Margin % is 10.23% as of Mar. 2026, which is 32% below its 10-year median of 14.95. GuruFocus rates WBO:LIN with a GF Score™ of 26/100 and a GF Value™ of €437.71 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,579 Chemicals companies, Linde ranks better than 89.93% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Linde's Free Cash Flow for the
three
months ended in Mar. 2026 was €777 Mil. Linde's Revenue for the
three
months ended in Mar. 2026 was €7,596 Mil. Therefore, Linde's FCF Margin % for the quarter that ended in Mar. 2026 was 10.23%.
The historical rank and industry rank for Linde's FCF Margin % or its related term are showing as below:
WBO:LIN'
s FCF Margin % Range Over the Past 10 Years
Min: 8.88 Med: 14.95 Max: 21.56
Current: 14.67
During the past 13 years, the highest FCF Margin % of Linde was 21.56%. The lowest was 8.88%. And the median was 14.95%.
WBO:LIN's FCF Margin % is ranked better than 89.93% of 1579
companies
in the Chemicals industry
Industry Median: 1.78
vs WBO:LIN: 14.67
Linde FCF Margin % Related Terms
Linde FCF Margin % Historical Data
* Premium members only.
The historical data trend for Linde's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Chemicals subindustry, Linde's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Linde FCF Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Linde's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Linde's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Linde (WBO:LIN) has a FCF Margin % of 10.23% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Linde and its competitors. This is 32% below median its historical median of 14.95. Over the past decade, Linde's FCF Margin % has ranged from 8.88 to 21.56. According to the industry distribution chart, Linde ranks #159 out of 1579 companies in the Chemicals industry, placing it in the top 10.1%.
Is Linde's FCF Margin % too high?
Linde's current FCF Margin % of 10.23% is 32% below median its 10-year median of 14.95. Over the past 10 years, this metric has ranged from a low of 8.88 to a high of 21.56. The Chemicals industry median FCF Margin % is 1.78. Linde's value of 10.23% is 474.7% above this industry median. Based on the distribution chart, Linde ranks #159 out of 1579 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Linde has a GF Score™ of 26/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Linde's FCF Margin % compare to SHW and ECL?
According to the Chemicals industry distribution chart, Linde ranks #159 out of 1579 companies for FCF Margin %. This places Linde in the top 10% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 1.78. Linde's value of 10.23% is 474.7% above this benchmark. Historically, Linde's own FCF Margin % has ranged from 8.88 to 21.56 over the past decade. While the company's 10-year median is 14.95 vs. the industry median of 1.78, Linde has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Chemicals company?
The median FCF Margin % among Chemicals companies is 1.78, based on 1,579 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Linde's current FCF Margin % of 10.23% is 474.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Linde and its competitors. For the Chemicals industry, the median FCF Margin % is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linde's current FCF Margin % is 10.23%, which is 32% below median its own 10-year median of 14.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linde stock overvalued right now?
Based on GuruFocus' analysis, Linde (WBO:LIN) is currently considered Fairly Valued. The stock's GF Value™ is €437.71, compared to a current price of €455.60 — trading 4.1% above its estimated fair value. The current FCF Margin % is 10.23%, which is 32% below median its 10-year median of 14.95 and 474.7% above the Chemicals industry median of 1.78. Linde's overall GF Score™ is 26/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Linde (WBO:LIN), the current FCF Margin % is 10.23% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Linde (WBO:LIN) Overvalued in 2026?
Based on GuruFocus' analysis, Linde stock appears to be overvalued.
The current stock price of €455.60 is trading 4.1% above its estimated GF Value™ of €437.71.
GuruFocus considers Linde to be Fairly Valued.
Key valuation signals for WBO:LIN:
FCF Margin %: 10.23% (32% below median its 10-year median of 14.95)
GF Value™: €437.71 vs. price of €455.60 (4.1% above fair value)
Industry Position: 474.7% above the Chemicals median (#159 of 1579)
No single metric tells the full story. See the WBO:LIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $34 billion in revenue in 2025.
26GF Score
Get the complete analysis for WBO:LIN
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WBO:LIN has been successfully added to your 
