Linde plc

Linde plc

524.74
USD
+13.19
(+2.58%)
15.43EPS
31.39P/E
217.90BMarket Cap
Feb 11Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
40.35
41.96
37.55
36.87
39.68
44.9
52.17
51.72
59.57
66.76
67.3
68.94
72.39
78.21
Basic EPS, GAAP
5.94
5.79
5.39
5.25
4.36
13.26
4.22
4.75
7.4
8.3
12.7
13.71
14.69
15.12
Free Cash Flow per Basic Share
9.87
9.87
9.39
9.76
10.62
11.2
11.44
14.1
18.81
17.74
19.06
19.68
22.05
23.11
Dividend per Share
2.4
2.59
2.85
3
3.15
3.53
3.49
3.85
4.23
4.69
5.08
5.55
5.99
6.28
Book Value per Share
22.47
19.44
15.41
17.62
20.98
94.28
91.83
90.42
86.57
81.28
82.33
80.49
82.48
85.87
Tangible Book Value per Share
9.58
6.56
2.93
4.64
6.97
15.53
11.07
5.6
6.28
3.64
1.18
1.74
-3.35
0.21
Basic Weighted Avg Shares
296
292
287
286
286
330
541
527
517
500
488
479
469
463
Sales/Revenue/Turnover
11,925
12,273
10,776
10,534
11,358
14,836
28,228
27,243
30,793
33,364
32,854
33,005
33,986
36,238
Operating Margin (%)
22.01
22.3
22.87
22.02
21.94
15.13
11.58
14.28
17.16
19.36
24.67
26.04
27.23
27.08
Depreciation Expense
1,109
1,170
1,106
1,122
1,184
1,830
4,675
4,626
4,635
4,204
3,816
3,780
3,763
3,829
Net Income, GAAP
1,755
1,694
1,547
1,500
1,247
4,381
2,285
2,501
3,826
4,147
6,199
6,565
6,898
7,007
Effective Tax Rate (%)
26.52
28.85
28.33
26.9
44.86
16.18
26.27
25.03
24.75
25.87
22.71
23.36
22.36
23.16
Profit Margin (%)
14.72
13.8
14.36
14.24
10.98
29.53
8.09
9.18
12.42
12.43
18.87
19.89
20.3
19.34
Working Capital
252
349
733
402
-22
4,316
-1,808
-2,816
-3,484
-3,432
-3,097
-1,599
-1,873
-2,227
LT Debt
8,026
8,636
8,975
8,917
7,783
12,288
11,409
12,946
12,082
12,852
14,112
16,099
21,502
20,593
Total Equity
7,310
6,186
4,906
5,452
6,522
57,096
51,635
49,582
45,441
41,387
41,095
39,488
39,741
40,995
Return on Invested Capital (%)
12.67
11.66
11.16
11.18
8.72
9.87
3.09
3.71
5.85
6.54
10.12
10.64
10.59
10.59
Return on Capital (%)
11.99
11.38
10.95
11
8.51
10.49
3.41
3.85
5.99
6.91
10.49
10.96
10.93
10.75
Return on Common Equity (%)
27.7
27.7
30.9
31.88
22.59
15.21
4.54
5.19
8.38
9.87
15.55
16.87
18.07
17.96

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
6,458
7,335
6,109
LT Borrowings
19,859
20,678
20,593
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
463
461
459
Market Capitalization
229,338
239,221
217,904

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
12,751
14,176
13,416
Cash, Cash Equivalents & STI
3,959
4,898
3,947
Accounts Receivable, Net
5,321
5,632
5,595
Inventories
2,079
2,122
2,129
Total Current Liabilities
15,391
16,127
15,643
Payables & Accruals
2,659
2,837
2,854
ST Debt
6,458
7,335
6,109
Deferred Revenue
1,168
1,128
1,170

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
77.14%
-4.25%
0.64%
Free Cash Flow
15.96%
7.63%
9.84%
Net Income, GAAP
31.48%
24.36%
5.07%
Sales/Revenue/Turnover
14.63%
4.66%
2.97%
Total Cash Common Dividend
14.24%
6.75%
5.88%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,100
8,267
8,356
8,282
33,005
2025
8,112
8,495
8,615
8,764
33,986
2026
8,781
9,289
9,404
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.38
3.46
3.24
3.62
13.71
2025
3.53
3.75
4.11
3.28
14.69
2026
4
4.17
3.67
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.39
1.39
1.39
1.38
5.55
2025
1.5
1.5
1.5
1.5
5.99
2026
1.6
1.6
1.6
- -
- -

Company Description

CEO
Sanjiv Lamba
Full Time Employees
65,177
Sector
Process industries
Industry
Chemicals: specialty
Address
Forge Woking SU United Kingdom GU21 6HT
IPO Date
Oct 31, 2018
Website
linde.com
Business
Linde plc is a global industrial gases and engineering company headquartered in Woking, United Kingdom, and registered in Ireland. Established in 1879, Linde is the world’s largest supplier of industrial gases by market share and revenue. The company manufactures, distributes, and sells a broad array of gases including atmospheric gases (oxygen, nitrogen, argon, rare gases), process gases (carbon dioxide, helium, hydrogen, ammonia, electronic gases, specialty gases, acetylene), and provides related gas processing and technology solutions. Linde serves diverse end markets such as healthcare, chemicals and energy, manufacturing, metals and mining, food and beverages, electronics, aerospace, and water treatment. It also designs and constructs turnkey process plants including air separation, hydrogen, synthesis, olefin, and natural gas plants. Linde operates extensively across the Americas, Europe, Middle East, Africa, and the Asia-Pacific region through more than 500 subsidiaries worldwide. Recent major developments include the strategic acquisition in 2025 of Airtec, a Middle Eastern industrial gas company, enhancing Linde’s footprint and supply chain reliability in a high-growth region. Linde has also maintained strong growth in small on-site plant solutions, signing a record number of long-term agreements in 2024 to build, own, and operate numerous customer plants, leveraging proprietary ECOVAR® technology to boost efficiency and reduce emissions. Furthermore, Linde continues its commitment to sustainability, reducing greenhouse gas emissions significantly in line with its 2035 target. The company reported solid financial performance in 2024, generating approximately $33 billion in revenue. Overall, Linde plc operates through integrated global and regional platforms providing industrial gases, engineering services, and advanced gas technologies designed to support decarbonization, efficiency improvements, and supply chain optimization across its wide array of industries and geographic markets. Its portfolio includes the longstanding legacy brands formed through the 2018 merger of Linde AG and Praxair, aligning with the company’s ongoing strategy of acquisitions, technological innovation, and expanded global market presence.

Company News

  • I Bonds Now Pay 5.51%. Can Dividend Stocks Compete?

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  • Boit C F David Makes New $1.33 Million Investment in Linde PLC $LIN

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  • Linde PLC $LIN Stock Purchased by Bank Julius Baer & Co. Ltd Zurich

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  • LIN Q3 Earnings Call Highlights Restructuring and Growth Outlook

  • Linde Q3 Earnings Call Highlights

  • LIN Q3 Earnings Beat Estimates on Higher Americas Pricing & Volumes

  • Linde plc (LIN) Q3 2026 Earnings Call Transcript

  • Linde (LIN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

  • Linde (LIN) Surpasses Q3 Earnings and Revenue Estimates

  • Linde raises full-year earnings outlook after Q3 profit beat

  • Linde Reports Third-Quarter 2026 Results

  • Linde Gears Up to Report Q3 Earnings: What's in Store for the Stock?

  • Evergreen Capital Management LLC Makes New $3.40 Million Investment in Linde PLC $LIN

  • Unlocking Q3 Potential of Linde (LIN): Exploring Wall Street Estimates for Key Metrics

  • Linde Declares Dividend in Fourth Quarter 2026

  • LIN DCF Analysis: Intrinsic Value $266 vs Price $509

  • Carderock Capital Management Inc. Buys New Position in Linde PLC $LIN