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Linde plc logo

Linde plc

LIN

NASDAQBasic MaterialsChemicals - Specialty

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$487.57

+$6.28 · +1.30%

Aug 21, 4:00 PM ET

LIN company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

51

Fair Value

Momentum

54

Neutral

Sentiment

59

Mixed

Risk resilience

85

Low Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

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.

Industry
Chemicals - Specialty
Sector
Basic Materials
Headquarters
GB
CEO
Sanjiv Lamba
Listed since
Jun 17, 1992
Employees
64,649

Market position

Day range

Current $487.57

52-week range

Current $487.57

Open
$486.35
Previous close
$481.29
Volume
2.05M
0.92× average
Average volume
2.22M
Average daily volume
Market cap
225.55B USD
Beta
0.73
Market reference 1
50-day average
$507.67
-3.96% below average
200-day average
$477.24
+2.17% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
220.74B USD
EV / EBITDA
17.05×
Earnings yield
3.47%
Free cash flow yield
2.56%

Profitability & efficiency

Return on equity
18.04%
Return on assets
7.95%
Return on invested capital
8.97%

Financial health

Current ratio
0.88×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends46%34%22%9%Gross margin, FY2021: 27.98%Gross margin, FY2022: 29.10%Gross margin, FY2023: 35.14%Gross margin, FY2024: 36.61%Gross margin, FY2025: 43.33%Operating margin, FY2021: 17.16%Operating margin, FY2022: 19.36%Operating margin, FY2023: 24.67%Operating margin, FY2024: 26.04%Operating margin, FY2025: 26.29%Net margin, FY2021: 12.42%Net margin, FY2022: 12.43%Net margin, FY2023: 18.87%Net margin, FY2024: 19.89%Net margin, FY2025: 20.30%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 27.98%. Gross margin FY2022 29.10%. Gross margin FY2023 35.14%. Gross margin FY2024 36.61%. Gross margin FY2025 43.33%. Operating margin FY2021 17.16%. Operating margin FY2022 19.36%. Operating margin FY2023 24.67%. Operating margin FY2024 26.04%. Operating margin FY2025 26.29%. Net margin FY2021 12.42%. Net margin FY2022 12.43%. Net margin FY2023 18.87%. Net margin FY2024 19.89%. Net margin FY2025 20.30%.

Income trends

Revenue

33.99B USD+2.97%

Operating income

8.94B USD+3.96%

Net income

6.9B USD+5.07%
Income trends across reported periods37B USD24.94B USD12.87B USD810M USDRevenue, FY2021: 30.79B USDRevenue, FY2022: 33.36B USDRevenue, FY2023: 32.85B USDRevenue, FY2024: 33.01B USDRevenue, FY2025: 33.99B USDOperating income, FY2021: 5.28B USDOperating income, FY2022: 6.46B USDOperating income, FY2023: 8.11B USDOperating income, FY2024: 8.6B USDOperating income, FY2025: 8.94B USDNet income, FY2021: 3.83B USDNet income, FY2022: 4.15B USDNet income, FY2023: 6.2B USDNet income, FY2024: 6.57B USDNet income, FY2025: 6.9B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 30.79B USD. Revenue FY2022 33.36B USD. Revenue FY2023 32.85B USD. Revenue FY2024 33.01B USD. Revenue FY2025 33.99B USD. Operating income FY2021 5.28B USD. Operating income FY2022 6.46B USD. Operating income FY2023 8.11B USD. Operating income FY2024 8.6B USD. Operating income FY2025 8.94B USD. Net income FY2021 3.83B USD. Net income FY2022 4.15B USD. Net income FY2023 6.2B USD. Net income FY2024 6.57B USD. Net income FY2025 6.9B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue33.99B USD33.01B USD32.85B USD33.36B USD30.79B USD
Cost of goods sold19.26B USD20.92B USD21.31B USD23.65B USD22.18B USD
Gross profit14.73B USD12.08B USD11.55B USD9.71B USD8.62B USD
Research and development147M USD150M USD146M USD143M USD143M USD
Selling, general, and administrative3.43B USD3.34B USD3.3B USD3.11B USD3.19B USD
Operating expenses5.79B USD3.49B USD3.44B USD3.25B USD3.33B USD
Interest income29M USD228M USD197M USD117M USD40M USD
Interest expense212M USD572M USD488M USD192M USD159M USD
Depreciation and amortization3.76B USD3.78B USD3.82B USD4.2B USD4.64B USD
Operating income8.94B USD8.6B USD8.11B USD6.46B USD5.28B USD
Net income6.9B USD6.57B USD6.2B USD4.15B USD3.83B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+1.25%
11 comparable reports
Latest EPS result
4.5
Estimate 4.49 · Beat by 0.22%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates4.74.384.063.74Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 3.97, estimate 3.94, surprise +0.76%, Beat. Q2 2025, reported May 1, 2025: actual 3.95, estimate 3.92, surprise +0.77%, Beat. Q3 2025, reported Aug 1, 2025: actual 4.09, estimate 4.03, surprise +1.49%, Beat. Q4 2025, reported Oct 31, 2025: actual 4.21, estimate 4.18, surprise +0.72%, Beat. Q1 2026, reported Feb 5, 2026: actual 4.2, estimate 4.18, surprise +0.48%, Beat. Q2 2026, reported May 1, 2026: actual 4.33, estimate 4.27, surprise +1.41%, Beat. Q3 2026, reported Jul 31, 2026: actual 4.5, estimate 4.49, surprise +0.22%, Beat. Q4 2026, reported Oct 30, 2026: actual —, estimate 4.52, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates9.66B9.02B8.38B7.74BQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 8.28B USD, estimate 8.42B USD, surprise -1.61%, Miss. Q2 2025, reported May 1, 2025: actual 8.11B USD, estimate 8.24B USD, surprise -1.56%, Miss. Q3 2025, reported Aug 1, 2025: actual 8.5B USD, estimate 8.36B USD, surprise +1.65%, Beat. Q4 2025, reported Oct 31, 2025: actual 8.62B USD, estimate 8.62B USD, surprise -0.06%, Miss. Q1 2026, reported Feb 5, 2026: actual 8.76B USD, estimate 8.64B USD, surprise +1.41%, Beat. Q2 2026, reported May 1, 2026: actual 8.78B USD, estimate 8.6B USD, surprise +2.13%, Beat. Q3 2026, reported Jul 31, 2026: actual 9.29B USD, estimate 9.02B USD, surprise +3.03%, Beat. Q4 2026, reported Oct 30, 2026: actual —, estimate 9.14B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$566.25

16.14% upside
Past 12 months12-month forecastHigh $612Average $566.25Low $525

Rating distribution

28 ratings
Strong buy00%
Buy2589%
Hold311%
Sell00%
Strong sell00%

LIN news

247wallst.com

How to Build $11,800 a Month in Dividend Income Without Selling a Single Share

Collecting over $141,000 a year in dividends without selling a single share sounds like a fantasy until you realize the yield you chase determines whether your income grows, stagnates, or quietly cannibalizes itself.

Read source
247wallst.com

How a 77-Year-Old Collects $9,700 a Month Without Selling a Single Share

Generating nearly $10,000 a month in retirement income without ever touching principal sounds like a math problem with one answer, but the yield you chase determines whether your portfolio survives the next decade or…

Read source
gurufocus.com

LIN DCF Analysis: Intrinsic Value $335 vs Price $483

On August 17, 2026, we delve into the DCF analysis for Linde PLC (LIN), a company currently trading at $482.74. The stock has experienced a mixed performance la

Read source
defenseworld.net

Annex Advisory Services LLC Cuts Stock Position in Linde PLC $LIN

Annex Advisory Services LLC decreased its holdings in shares of Linde PLC (NASDAQ: LIN) by 20.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange…

Read source
seekingalpha.com

Linde: My 'Not Cheap' Thesis Has Been True Since 2023

Linde plc remains a 'Hold' due to excessive valuation, despite its world-class fundamentals and robust profitability. LIN trades at a 27x-30x P/E, requiring unrealistic growth or sector re-rating to justify current…

Read source
defenseworld.net

First National Bank of Mount Dora Trust Investment Services Has $8.49 Million Stock Holdings in Linde PLC $LIN

First National Bank of Mount Dora Trust Investment Services boosted its position in shares of Linde PLC (NASDAQ: LIN) by 8.5% during the undefined quarter, according to its most recent Form 13F filing with the Securities…

Read source

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ETFs holding LIN

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
7.05B
Weight
0.31%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
5.81B
Weight
0.34%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$703.71+0.39%
Invesco QQQ Trust, Series 1 logoInvesco QQQ Trust, Series 1QQQ
Market value
4.79B
Weight
0.99%
AUM
485.41B USD
Expense ratio
0.18%
Price / 1D
$713.44+0.35%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
2.76B
Weight
0.34%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$765.72+0.41%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
2.11B
Weight
0.82%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.4+0.54%
Vanguard Dividend Appreciation ETF logoVanguard Dividend Appreciation ETFVIG
Market value
1.25B
Weight
0.95%
AUM
130.9B USD
Expense ratio
0.04%
Price / 1D
$243.91+0.69%
State Street Materials Select Sector SPDR ETF logoState Street Materials Select Sector SPDR ETFXLB
Market value
1.13B
Weight
12.99%
AUM
8.69B USD
Expense ratio
0.08%
Price / 1D
$53.54+2.14%
Invesco NASDAQ 100 ETF logoInvesco NASDAQ 100 ETFQQQM
Market value
1.02B
Weight
0.99%
AUM
104.09B USD
Expense ratio
0.15%
Price / 1D
$293.76+0.33%

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