Company: Linde plc
Ticker: LIN
Form: 10-K
Filed: 2026-02-25
Fiscal Period: {"fp": "FY", "fy": 2025}

Question: What was Linde plc's net margin in fiscal year 2025?
Question Type: derived_ratio

Concept: NetIncomeLoss
RevenueFromContractWithCustomerExcludingAssessedTax
Answer (Numeric): 20.3
Answer (Display): 20.30%
Unit: percent

Evidence:
[{"chunk_id": "110", "equivalent_chunk_ids": ["110"], "section": "CONSOLIDATED STATEMENTS OF INCOME", "supports": ["numerator", "denominator"], "text": "LINDE PLC AND SUBSIDIARIES\n(Dollar amounts in millions, except per share data)\nYear Ended December 31,\nSales\n33,986\n33,005\n32,854\nCost of sales, exclusive of depreciation and amortization\n17,389\n17,143\n17,492\nSelling, general and administrative\n3,433\n3,337\n3,295\nDepreciation and amortization\n3,763\n3,780\n3,816\nResearch and development\nCost reduction program and other charges\nOther income (expense) - net\nOperating Profit\n8,923\n8,635\n8,024\nInterest expense - net\nNet pension and OPEB cost (benefit), excluding service cost\nIncome Before Income Taxes and Equity Investments\n8,897\n8,569\n7,988\nIncome taxes\n1,989\n2,002\n1,814\nIncome Before Equity Investments\n6,908\n6,567\n6,174\nIncome from equity investments\nNet Income (Including Noncontrolling Interests)\n7,058\n6,737\n6,341\nLess: noncontrolling interests\nNet Income – Linde plc\n6,898\n6,565\n6,199\nPer Share Data – Linde plc Shareholders\nBasic earnings per share\n14.69\n13.71\n12.70\nDiluted earnings per share\n14.61\n13.62\n12.59\nWeighted Average Shares Outstanding (000’s):\nBasic shares outstanding\n469,488\n478,773\n488,191\nDiluted shares outstanding\n472,195\n482,092\n492,290\nThe accompanying Notes are an integral part of these financial statements."}]

Derivation: {"denominator": "revenue", "denominator_value": 33986.0, "format": "percentage", "numerator": "net_income", "numerator_value": 6898.0, "op": "divide"}