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Side-by-side financial comparison of LEAR CORP (LEA) and Linde plc (LIN). Click either name above to swap in a different company.

Linde plc is the larger business by last-quarter revenue ($8.8B vs $6.0B, roughly 1.5× LEAR CORP). Linde plc runs the higher net margin — 17.5% vs 1.4%, a 16.1% gap on every dollar of revenue. On growth, Linde plc posted the faster year-over-year revenue change (5.8% vs 4.8%). Linde plc produced more free cash flow last quarter ($1.6B vs $281.1M). Over the past eight quarters, Linde plc's revenue compounded faster (4.0% CAGR vs -0.1%).

Lear Corporation is an American company that manufactures automotive seating and electrical systems. In 2019, it ranked #147 and in 2018, it ranked #148 on the Fortune 500 list.

Linde is a global multinational chemical company and the world's largest industrial gas supplier by market share and revenue. Founded by German scientist and engineer Carl von Linde in 1879 in Wiesbaden, Germany, the company is now headquartered in Woking, United Kingdom, and registered in Ireland as Linde plc. Linde plc was formed in 2018 through the merger of Linde AG and Praxair, which was founded in 1907 in the United States as Linde Air Products Company.

LEA vs LIN — Head-to-Head

Bigger by revenue
LIN
LIN
1.5× larger
LIN
$8.8B
$6.0B
LEA
Growing faster (revenue YoY)
LIN
LIN
+1.0% gap
LIN
5.8%
4.8%
LEA
Higher net margin
LIN
LIN
16.1% more per $
LIN
17.5%
1.4%
LEA
More free cash flow
LIN
LIN
$1.3B more FCF
LIN
$1.6B
$281.1M
LEA
Faster 2-yr revenue CAGR
LIN
LIN
Annualised
LIN
4.0%
-0.1%
LEA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LEA
LEA
LIN
LIN
Revenue
$6.0B
$8.8B
Net Profit
$82.7M
$1.5B
Gross Margin
5.7%
Operating Margin
2.6%
23.0%
Net Margin
1.4%
17.5%
Revenue YoY
4.8%
5.8%
Net Profit YoY
-6.1%
-11.3%
EPS (diluted)
$1.58
$3.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LEA
LEA
LIN
LIN
Q4 25
$6.0B
$8.8B
Q3 25
$5.7B
$8.6B
Q2 25
$6.0B
$8.5B
Q1 25
$5.6B
$8.1B
Q4 24
$5.7B
$8.3B
Q3 24
$5.6B
$8.4B
Q2 24
$6.0B
$8.3B
Q1 24
$6.0B
$8.1B
Net Profit
LEA
LEA
LIN
LIN
Q4 25
$82.7M
$1.5B
Q3 25
$108.2M
$1.9B
Q2 25
$165.2M
$1.8B
Q1 25
$80.7M
$1.7B
Q4 24
$88.1M
$1.7B
Q3 24
$135.8M
$1.6B
Q2 24
$173.1M
$1.7B
Q1 24
$109.6M
$1.6B
Gross Margin
LEA
LEA
LIN
LIN
Q4 25
5.7%
Q3 25
6.4%
Q2 25
7.3%
Q1 25
6.5%
Q4 24
6.8%
Q3 24
7.3%
Q2 24
7.5%
Q1 24
6.6%
Operating Margin
LEA
LEA
LIN
LIN
Q4 25
2.6%
23.0%
Q3 25
3.4%
27.5%
Q2 25
4.1%
27.7%
Q1 25
3.3%
26.9%
Q4 24
3.7%
27.4%
Q3 24
3.9%
25.0%
Q2 24
4.3%
26.4%
Q1 24
3.3%
25.9%
Net Margin
LEA
LEA
LIN
LIN
Q4 25
1.4%
17.5%
Q3 25
1.9%
22.4%
Q2 25
2.7%
20.8%
Q1 25
1.5%
20.6%
Q4 24
1.5%
20.8%
Q3 24
2.4%
18.5%
Q2 24
2.9%
20.1%
Q1 24
1.8%
20.1%
EPS (diluted)
LEA
LEA
LIN
LIN
Q4 25
$1.58
$3.28
Q3 25
$2.02
$4.09
Q2 25
$3.06
$3.73
Q1 25
$1.49
$3.51
Q4 24
$1.64
$3.61
Q3 24
$2.41
$3.22
Q2 24
$3.02
$3.44
Q1 24
$1.90
$3.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LEA
LEA
LIN
LIN
Cash + ST InvestmentsLiquidity on hand
$1.0B
$5.1B
Total DebtLower is stronger
$2.7B
$20.7B
Stockholders' EquityBook value
$5.0B
$38.2B
Total Assets
$14.8B
$86.8B
Debt / EquityLower = less leverage
0.54×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEA
LEA
LIN
LIN
Q4 25
$1.0B
$5.1B
Q3 25
$1.0B
$4.5B
Q2 25
$887.9M
$4.8B
Q1 25
$779.9M
$5.3B
Q4 24
$1.1B
$4.8B
Q3 24
$763.9M
$5.2B
Q2 24
$950.3M
$4.6B
Q1 24
$930.4M
$4.8B
Total Debt
LEA
LEA
LIN
LIN
Q4 25
$2.7B
$20.7B
Q3 25
$2.8B
$18.6B
Q2 25
$2.8B
$19.7B
Q1 25
$2.7B
$17.6B
Q4 24
$2.7B
$15.3B
Q3 24
$2.8B
$17.5B
Q2 24
$2.7B
$16.9B
Q1 24
$2.7B
$15.2B
Stockholders' Equity
LEA
LEA
LIN
LIN
Q4 25
$5.0B
$38.2B
Q3 25
$5.1B
$38.6B
Q2 25
$5.1B
$38.5B
Q1 25
$4.7B
$38.0B
Q4 24
$4.5B
$38.1B
Q3 24
$4.8B
$39.2B
Q2 24
$4.8B
$38.2B
Q1 24
$4.9B
$38.8B
Total Assets
LEA
LEA
LIN
LIN
Q4 25
$14.8B
$86.8B
Q3 25
$15.2B
$86.0B
Q2 25
$15.3B
$86.1B
Q1 25
$14.6B
$82.7B
Q4 24
$14.0B
$80.1B
Q3 24
$14.8B
$82.5B
Q2 24
$14.7B
$80.2B
Q1 24
$14.9B
$80.3B
Debt / Equity
LEA
LEA
LIN
LIN
Q4 25
0.54×
0.54×
Q3 25
0.54×
0.48×
Q2 25
0.54×
0.51×
Q1 25
0.59×
0.46×
Q4 24
0.61×
0.40×
Q3 24
0.58×
0.45×
Q2 24
0.57×
0.44×
Q1 24
0.56×
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LEA
LEA
LIN
LIN
Operating Cash FlowLast quarter
$475.9M
$3.0B
Free Cash FlowOCF − Capex
$281.1M
$1.6B
FCF MarginFCF / Revenue
4.7%
17.9%
Capex IntensityCapex / Revenue
3.3%
16.6%
Cash ConversionOCF / Net Profit
5.75×
1.98×
TTM Free Cash FlowTrailing 4 quarters
$527.2M
$5.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEA
LEA
LIN
LIN
Q4 25
$475.9M
$3.0B
Q3 25
$444.4M
$2.9B
Q2 25
$296.2M
$2.2B
Q1 25
$-127.7M
$2.2B
Q4 24
$680.8M
$2.8B
Q3 24
$182.7M
$2.7B
Q2 24
$291.2M
$1.9B
Q1 24
$-34.6M
$2.0B
Free Cash Flow
LEA
LEA
LIN
LIN
Q4 25
$281.1M
$1.6B
Q3 25
$307.0M
$1.7B
Q2 25
$170.8M
$954.0M
Q1 25
$-231.7M
$891.0M
Q4 24
$488.7M
$1.6B
Q3 24
$50.5M
$1.7B
Q2 24
$170.4M
$796.0M
Q1 24
$-148.2M
$906.0M
FCF Margin
LEA
LEA
LIN
LIN
Q4 25
4.7%
17.9%
Q3 25
5.4%
19.4%
Q2 25
2.8%
11.2%
Q1 25
-4.2%
11.0%
Q4 24
8.6%
18.8%
Q3 24
0.9%
19.9%
Q2 24
2.8%
9.6%
Q1 24
-2.5%
11.2%
Capex Intensity
LEA
LEA
LIN
LIN
Q4 25
3.3%
16.6%
Q3 25
2.4%
14.8%
Q2 25
2.1%
14.8%
Q1 25
1.9%
15.7%
Q4 24
3.4%
15.1%
Q3 24
2.4%
12.8%
Q2 24
2.0%
13.7%
Q1 24
1.9%
12.9%
Cash Conversion
LEA
LEA
LIN
LIN
Q4 25
5.75×
1.98×
Q3 25
4.11×
1.53×
Q2 25
1.79×
1.25×
Q1 25
-1.58×
1.29×
Q4 24
7.73×
1.63×
Q3 24
1.35×
1.76×
Q2 24
1.68×
1.16×
Q1 24
-0.32×
1.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LEA
LEA

Other$3.5B59%
Seating Segment$1.9B32%
E Systems Segment$520.6M9%

LIN
LIN

Other$4.9B56%
Packaged Gas$1.6B19%
Merchant$1.2B14%
On Site$950.0M11%
Other Distribution Methods$64.0M1%

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