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NASDAQ · US · Specialty Chemicals

LIN Linde

Industrial and electronic gases

Uptrend Trading above its 50-day average. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
$509.4
+0.12% today
1W
+1.2%
1M
+8.4%
3M
−0.0%
YTD
+20.6%
1Y
+15.8%
Off 52w high
−6.5%
Next earnings (est.): 2026-10-29
Market cap$235B
P/E (trailing)32.9Forward 26.0
EV / sales7.3×EV/EBITDA 18.8×
Revenue (TTM)$35.45BGrowth 9.3% y/y
Margins48.4%gross · op 28.1%
Free cash flow$4.16BCash $4.90B · debt $28.01B
Analyst target$545.3+7.0% upside · 27 analysts · buy
Riskβ 0.71Short 1.3% of float · yield 1.25%

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

LIN · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-07-31EarningsBeat / raise

    Reported EPS 4.5 vs 4.49 expected (+0.3% surprise).

  2. 7
    2026-05-01EarningsBeat / raise

    Reported EPS 4.33 vs 4.27 expected (+1.4% surprise).

  3. 6
    2026-02-05EarningsBeat / raise

    Reported EPS 4.2 vs 4.18 expected (+0.5% surprise).

  4. 5
    2025-10-31EarningsBeat / raise

    Reported EPS 4.21 vs 4.18 expected (+0.8% surprise).

  5. 4
    2025-08-01EarningsBeat / raise

    Reported EPS 4.09 vs 4.04 expected (+1.4% surprise).

  6. 3
    2025-05-01EarningsBeat / raise

    Reported EPS 3.95 vs 3.92 expected (+0.7% surprise).

  7. 2
    2025-02-06EarningsBeat / raise

    Reported EPS 3.97 vs 3.92 expected (+1.2% surprise).

  8. 1
    2024-10-31EarningsBeat / raise

    Reported EPS 3.94 vs 3.91 expected (+0.9% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-07-314.494.5+0.3%
2026-05-014.274.33+1.4%
2026-02-054.184.2+0.5%
2025-10-314.184.21+0.8%
2025-08-014.044.09+1.4%
2025-05-013.923.95+0.7%
2025-02-063.923.97+1.2%
2024-10-313.913.94+0.9%
2024-08-023.793.85+1.7%
2024-05-023.673.75+2.1%
2024-02-063.53.59+2.7%
2023-10-263.573.63+1.6%
2023-07-273.493.57+2.4%
2023-04-273.143.42+9.1%
2023-02-072.893.16+9.4%
2022-10-272.933.1+5.7%
2022-07-282.963.1+4.6%
2022-04-282.772.93+5.9%
2022-02-102.672.77+3.7%
2021-10-292.662.73+2.7%
2021-07-302.532.7+6.6%
2021-05-062.262.49+10.4%
2021-02-052.152.3+6.8%
2020-11-051.952.15+10.3%

About Linde

Website ↗

Linde plc operates as an industrial gas company worldwide. The company offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, electronic gases, specialty gases, and acetylene. It also engages in the design and construction of turnkey process plants for third-party customers, as well as for its gas businesses, including air separation, hydrogen, synthesis, olefin, and natural gas plants. The company serves the healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics industries. It operates in the United States, Brazil, Mexico, Canada, Germany, the United Kingdom, Eastern Europe, China, Australia, South Korea, and India. Linde plc was founded in 1879 and is based in Woking, the United Kingdom.

64,649 employees · Woking, United Kingdom

Fabs need ultra-pure nitrogen, hydrogen, neon, helium and fluorine compounds on long contracts. Helium-3 for cryogenics is genuinely scarce.

Air separation→Purification→Delivery→Fab

What would prove us wrong. Weakens if fab construction slows and on-site gas plants sit underused.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
APD
Air Products
Fab gases and on-site plants $307.5+0.11%+9.8%+27.8%
AI.PA
Air Liquide
Electronics specialty gases €175.4+0.39%+4.7%+22.9%
4091.T
Nippon Sanso
Industrial gases for Asian fabs ¥5,399.0−0.48%−2.5%+17.0%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.