Linde Bangladesh (DHA:LINDEBD) Operating Margin %: 22.52% (As of Mar. 2026) — 11% Below Median


DHA:LINDEBD Linde Bangladesh Ltd DHA:LINDEBD
75 GF Score
Price BDT700.00
GF Value BDT855.79
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Linde Bangladesh Operating Margin %?

Linde Bangladesh DHA:LINDEBD +0.66% 75 Operating Margin % is 22.52% as of Mar. 2026, which is 11% below its 10-year median of 25.42. GuruFocus rates DHA:LINDEBD with a GF Score™ of 75/100 and a GF Value™ of BDT855.79 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,584 Chemicals companies, Linde Bangladesh ranks better than 91.73% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Linde Bangladesh's Operating Income for the three months ended in Mar. 2026 was BDT133 Mil. Linde Bangladesh's Revenue for the three months ended in Mar. 2026 was BDT592 Mil. Therefore, Linde Bangladesh's Operating Margin % for the quarter that ended in Mar. 2026 was 22.52%.

Warning Sign:

Linde Bangladesh Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -34.8%.

The historical rank and industry rank for Linde Bangladesh's Operating Margin % or its related term are showing as below:

DHA:LINDEBD' s Operating Margin % Range Over the Past 10 Years
Min: 0.51   Med: 25.42   Max: 29.28
Current: 19.61


DHA:LINDEBD's Operating Margin % is ranked better than
91.73% of 1584 companies
in the Chemicals industry
Industry Median: 6.025 vs DHA:LINDEBD: 19.61

Linde Bangladesh's 5-Year Average Operating Margin % Growth Rate was -34.80% per year.

Linde Bangladesh's Operating Income for the three months ended in Mar. 2026 was BDT133 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was BDT456 Mil.


Linde Bangladesh  (DHA:LINDEBD) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Linde Bangladesh Operating Margin % Related Terms


Linde Bangladesh Operating Margin % Historical Data

* Premium members only.

The historical data trend for Linde Bangladesh's Operating 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.

Linde Bangladesh Operating Margin % Chart

Linde Bangladesh Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.94 23.44 15.00 0.51 18.12

Linde Bangladesh Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.57 16.61 15.97 22.95 22.52

DHA:LINDEBD vs LIN, SHW, ECL: Operating Margin % Comparison

For the Specialty Chemicals subindustry, Linde Bangladesh's Operating Margin %, along with its competitors' market caps and Operating 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 Bangladesh Operating Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Linde Bangladesh's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Linde Bangladesh's Operating Margin % falls into.


DHA:LINDEBD
75GF Score
Linde Bangladesh Ltd DHA:LINDEBD
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Linde Bangladesh Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Linde Bangladesh's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=413.346 / 2281.481
=18.12 %

Linde Bangladesh's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=133.331 / 591.991
=22.52 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 22.52% mean?
Linde Bangladesh (DHA:LINDEBD) has a Operating Margin % of 22.52% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Linde Bangladesh and its competitors. This is 11% below median its historical median of 25.42. Over the past decade, Linde Bangladesh's Operating Margin % has ranged from 0.51 to 29.28. According to the industry distribution chart, Linde Bangladesh ranks #131 out of 1584 companies in the Chemicals industry, placing it in the top 8.3%.
Is Linde Bangladesh's Operating Margin % too high?
Linde Bangladesh's current Operating Margin % of 22.52% is 11% below median its 10-year median of 25.42. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 29.28. The Chemicals industry median Operating Margin % is 6.03. Linde Bangladesh's value of 22.52% is 273.8% above this industry median. Based on the distribution chart, Linde Bangladesh ranks #131 out of 1584 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Linde Bangladesh has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linde Bangladesh's Operating Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Linde Bangladesh ranks #131 out of 1584 companies for Operating Margin %. This places Linde Bangladesh in the top 8% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.03. Linde Bangladesh's value of 22.52% is 273.8% above this benchmark. Historically, Linde Bangladesh's own Operating Margin % has ranged from 0.51 to 29.28 over the past decade. While the company's 10-year median is 25.42 vs. the industry median of 6.03, Linde Bangladesh 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 Operating Margin % for a Chemicals company?
The median Operating Margin % among Chemicals companies is 6.03, based on 1,584 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Linde Bangladesh's current Operating Margin % of 22.52% is 273.8% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Linde Bangladesh and its competitors. For the Chemicals industry, the median Operating Margin % is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linde Bangladesh's current Operating Margin % is 22.52%, which is 11% below median its own 10-year median of 25.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linde Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Linde Bangladesh (DHA:LINDEBD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT855.79, compared to a current price of BDT700.00 — trading 18.2% below its estimated fair value. The current Operating Margin % is 22.52%, which is 11% below median its 10-year median of 25.42 and 273.8% above the Chemicals industry median of 6.03. Linde Bangladesh's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Linde Bangladesh (DHA:LINDEBD), the current Operating Margin % is 22.52% 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 Bangladesh (DHA:LINDEBD) Overvalued in 2026?

Based on GuruFocus' analysis, Linde Bangladesh stock appears to be undervalued. The current stock price of BDT700.00 is trading 18.2% below its estimated GF Value™ of BDT855.79. GuruFocus considers Linde Bangladesh to be Modestly Undervalued.

Key valuation signals for DHA:LINDEBD:

  • Operating Margin %: 22.52% (11% below median its 10-year median of 25.42)
  • GF Value™: BDT855.79 vs. price of BDT700.00 (18.2% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 273.8% above the Chemicals median (#131 of 1584)

No single metric tells the full story. See the DHA:LINDEBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Linde Bangladesh Business Description

Address 285 Tejgaon Industrial Area, Dhaka, BGD, 1208
Linde Bangladesh Ltd is a multinational industrial and medical gases company. The company provides products and services within a specific economic environment and supplies customers across a wide spectrum of industries ranging from chemicals and petrochemicals to steel. It operates 2 Air Separation Units (ASUs), 2 carbon dioxide manufacturing plants, and a DA manufacturing plant in the country. It serves various end markets such as chemicals and energy, food, beverage, electronics, healthcare, manufacturing, metals, defense, infrastructure, aerospace, and institutions. Its segments include Bulk Gases; Packaged Gas and Products; and the Healthcare business, which generates maximum revenue and comprises various medical gases, medical equipment, and medical pipelines.
75GF Score

Get the complete analysis for DHA:LINDEBD

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT700.00
Price
BDT855.79
GF Value