• Linde average operating margin for 2023 was 21.86%, a 41.31% increase from 2022.
• Linde average operating margin for 2022 was 15.47%, a 2.04% increase from 2021.
• Linde average operating margin for 2021 was 15.16%, a 34.88% increase 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.