• Linde average operating margin for 2023 was 23.73%, a 55.2% increase from 2022.
• Linde average operating margin for 2022 was 15.29%, a 3.23% increase from 2021.
• Linde average operating margin for 2021 was 15.8%, a 38.96% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.