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Kronos Worldwide vs Linde: revenue, profit, margins and growth compared

Kronos Worldwide brought in $1.9B of revenue in fiscal 2025, Linde $34B in fiscal 2025. Revenue changed by -1.5% at Kronos Worldwide and +3.0% at Linde on the year before, so Linde grew faster. Kronos Worldwide kept -6.0% of its revenue as net profit, Linde 20.3%. Free cash flow was -$40.4M at Kronos Worldwide and $5.1B at Linde.

Side by side, latest fiscal year

KROLIN
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$1.9B$34B
Revenue growth-1.5%+3.0%
Net income-$110.9M$6.9B
Net margin-6.0%20.3%
Free cash flow-$40.4M$5.1B
Free cash flow margin-2.2%15.0%
Earnings per share (diluted)-$0.96$14.61
Cash$33.2M$5.1B
Debt$557.4M$22.5B
Price to earningsn/a32.2
Market value$949.6M$216.6B
Dividend yield2.42%1.28%
Rank by revenue in sector#27 of 71 · Basic materials#2 of 71 · Basic materials

Over the years

Revenue
KRO FY2018: $1.7BKRO FY2019: $1.7BKRO FY2020: $1.6BKRO FY2021: $1.9BKRO FY2022: $1.9BKRO FY2023: $1.7BKRO FY2024: $1.9BKRO FY2025: $1.9BLIN FY2018: $14.8BLIN FY2019: $28.2BLIN FY2020: $27.2BLIN FY2021: $30.8BLIN FY2022: $33.4BLIN FY2023: $32.9BLIN FY2024: $33BLIN FY2025: $34BFY18FY19FY20FY21FY22FY23FY24FY25
KRO $1.9BLIN $34B
Net income
KRO FY2018: $205MKRO FY2019: $87.1MKRO FY2020: $63.9MKRO FY2021: $112.9MKRO FY2022: $104.5MKRO FY2023: -$49.1MKRO FY2024: $86.2MKRO FY2025: -$110.9MLIN FY2018: $4.4BLIN FY2019: $2.3BLIN FY2020: $2.5BLIN FY2021: $3.8BLIN FY2022: $4.1BLIN FY2023: $6.2BLIN FY2024: $6.6BLIN FY2025: $6.9BFY18FY19FY20FY21FY22FY23FY24FY25
KRO -$110.9MLIN $6.9B
Net margin
KRO FY2018: 12.3%KRO FY2019: 5.0%KRO FY2020: 3.9%KRO FY2021: 5.8%KRO FY2022: 5.4%KRO FY2023: -2.9%KRO FY2024: 4.6%KRO FY2025: -6.0%LIN FY2018: 29.5%LIN FY2019: 8.1%LIN FY2020: 9.2%LIN FY2021: 12.4%LIN FY2022: 12.4%LIN FY2023: 18.9%LIN FY2024: 19.9%LIN FY2025: 20.3%FY18FY19FY20FY21FY22FY23FY24FY25
KRO -6.0%LIN 20.3%
Revenue growth
KRO FY2019: +4.2%KRO FY2020: -5.3%KRO FY2021: +18.3%KRO FY2022: -0.5%KRO FY2023: -13.7%KRO FY2024: +13.2%KRO FY2025: -1.5%LIN FY2019: +90.3%LIN FY2020: -3.5%LIN FY2021: +13.0%LIN FY2022: +8.3%LIN FY2023: -1.5%LIN FY2024: +0.5%LIN FY2025: +3.0%FY19FY20FY21FY22FY23FY24FY25
KRO -1.5%LIN +3.0%
Free cash flow
KRO FY2018: $132.2MKRO FY2019: $105.2MKRO FY2020: $39.7MKRO FY2021: $147.9MKRO FY2022: $18.5MKRO FY2023: -$41.9MKRO FY2024: $43MKRO FY2025: -$40.4MLIN FY2018: $1.8BLIN FY2019: $2.4BLIN FY2020: $4BLIN FY2021: $6.6BLIN FY2022: $5.7BLIN FY2023: $5.5BLIN FY2024: $4.9BLIN FY2025: $5.1BFY18FY19FY20FY21FY22FY23FY24FY25
KRO -$40.4MLIN $5.1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Kronos Worldwide and Linde

Which is bigger by revenue, Kronos Worldwide or Linde?

Linde is bigger by revenue: $34B in fiscal 2025, against $1.9B for Kronos Worldwide in fiscal 2025.

Which keeps more of its revenue as profit, Kronos Worldwide or Linde?

Kronos Worldwide had a net margin of -6.0% in fiscal 2025; Linde had 20.3% in fiscal 2025.

Which grew revenue faster, Kronos Worldwide or Linde?

In their latest fiscal years revenue changed by -1.5% at Kronos Worldwide and +3.0% at Linde.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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