Linde plc (LIN) Return on Invested Capital (ROIC): 8.97%
Is Linde plc’s return on invested capital (ROIC) high or low?
Linde plc's return on invested capital (ROIC) of 8.97% is 24% above its 5-year average of 7.23%, near the high end of its 5-year range (3.73%–9.19%).
As of Wednesday, June 17, 2026. 1.21% below its 12-month average of 9.08%.
LIN Return on Invested Capital (ROIC) Chart
LIN Average Return on Invested Capital (ROIC) Chart
LIN Current vs Average Return on Invested Capital (ROIC) Chart
LIN Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
8.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
8.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.09%
CURRENT VS TTM AVG
-1.21%
CURRENT VS 3Y AVG
+5.53%
CURRENT VS 5Y AVG
+24.12%
CURRENT VS 10Y AVG
+28.43%
CURRENT VS 15Y AVG
+8.83%
CURRENT VS 20Y AVG
-1.27%
LIN Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Linde plc (LIN) | $238.88B | 8.97% | 9.08% | 8.50% | 7.23% |
| Newmont Corporation (NEM)vs › | $118.53B | 12.23% | 10.17% | -2.70% | -0.68% |
| Freeport-McMoRan Inc. (FCX)vs › | $103.33B | 7.77% | 8.29% | 8.87% | 8.45% |
| The Sherwin-Williams Company (SHW)vs › | $79.39B | 15.21% | 15.30% | 14.71% | 14.42% |
| Ecolab Inc. (ECL)vs › | $77.04B | 11.95% | 11.88% | 10.14% | 9.59% |
| Air Products and Chemicals, Inc. (APD)vs › | $62.80B | -1.82% | 4.05% | 5.72% | 6.36% |
| Nucor Corporation (NUE)vs › | $57.49B | 6.74% | 7.30% | 14.93% | 15.58% |
| Vulcan Materials Company (VMC)vs › | $39.10B | 8.02% | 7.30% | 6.97% | 6.71% |
| Nutrien Ltd. (NTR)vs › | $30.93B | 6.79% | 5.53% | 8.91% | 7.85% |
| Dow Inc. (DOW)vs › | $23.76B | 0.51% | 1.87% | 4.25% | 5.41% |
Capital Efficiency
ROIC
9.0%
ROE
18.5%
Linde plc Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Linde plc Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Linde plc (LIN)?
- The return on invested capital (ROIC) for LIN stock is 8.97%.
- Is Linde plc's return on invested capital (ROIC) high or low?
- Linde plc's return on invested capital (ROIC) of 8.97% is 24% above its 5-year average of 7.23%, near the high end of its 5-year range (3.73%–9.19%).
- What is the TTM average return on invested capital (ROIC) for Linde plc (LIN)?
- The TTM average return on invested capital (ROIC) for LIN stock is 9.08%.
- What is the 3Y average return on invested capital (ROIC) for Linde plc (LIN)?
- The 3Y average return on invested capital (ROIC) for LIN stock is 8.50%.
- What is the 5Y average return on invested capital (ROIC) for Linde plc (LIN)?
- The 5Y average return on invested capital (ROIC) for LIN stock is 7.23%.
- What is the 10Y average return on invested capital (ROIC) for Linde plc (LIN)?
- The 10Y average return on invested capital (ROIC) for LIN stock is 6.98%.
- What is the 15Y average return on invested capital (ROIC) for Linde plc (LIN)?
- The 15Y average return on invested capital (ROIC) for LIN stock is 8.24%.
- What is the 20Y average return on invested capital (ROIC) for Linde plc (LIN)?
- The 20Y average return on invested capital (ROIC) for LIN stock is 9.09%.
Linde plc Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 8.97% |
| 2024-12-31 | 9.19% |
| 2023-12-31 | 8.84% |
| 2022-12-31 | 7.00% |
| 2021-12-31 | 5.63% |
| 2020-12-31 | 3.73% |
| 2019-12-31 | 3.13% |
| 2018-12-31 | 2.26% |
| 2017-12-31 | 7.61% |
| 2016-12-31 | 9.77% |
| 2015-12-31 | 10.70% |
| 2014-12-31 | 10.87% |
| 2013-12-31 | 10.71% |
| 2012-12-31 | 11.30% |
| 2011-12-31 | 12.34% |
| 2010-12-31 | 9.82% |
| 2009-12-31 | 13.24% |
| 2008-12-31 | 13.26% |
| 2007-12-31 | 11.48% |
| 2006-12-31 | 11.46% |
| 2005-12-31 | 9.49% |
| 2004-12-31 | 9.45% |
| 2003-12-31 | 9.72% |
| 2002-12-31 | 11.00% |
| 2001-12-31 | 9.03% |
| 2000-12-31 | 8.15% |
| 1999-12-31 | 8.15% |
| 1998-12-31 | 9.03% |
| 1997-12-31 | 9.23% |
| 1996-12-31 | 7.74% |
Related Metrics
About Linde plc
Linde plc functions as a global industrial gas and engineering powerhouse, extending its operations throughout North and South America, Europe, the Middle East, Africa, and the Asia Pacific. The company's comprehensive product line features atmospheric gases like oxygen, nitrogen, argon, and various rare gases, alongside a diverse array of process gases such as carbon dioxide, helium, hydrogen, specialized electronic gases, and acetylene. Beyond gas supply, Linde is also adept at designing and constructing turnkey process plants. These engineering solutions serve both third-party customers and its own gas business facilities, covering types like olefin, natural gas, air separation, hydrogen, and synthesis gas plants. Linde's extensive client base spans numerous sectors, including healthcare, energy, general manufacturing, food and beverage carbonation, fiber-optics, steel production, aerospace, chemicals, and water treatment. Established in 1879, the company is headquartered in Woking, United Kingdom.
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- CEO
- Sanjiv Lamba