Stock · LIN · Basic Materials
United Kingdom · Large Cap · listed since 2002 · Revenue 12 mo. $35.4B
Price as of 11/06/2026
Linde plc operates as an industrial gas company worldwide.
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.
Original text from the data provider
Summary
57.6 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €4.6B (2025), it supports €50.7B. The remaining €156.2B of the market value assume it grows 19.6% a year for 10 years and not at all afterwards.
Required FCF growth per year
19.6%
no growth afterwards
Price to operating cash flow 22.8×, above its usual range.
Middle half of 20 quarters: 18.4× to 22.6×, median 21.3×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
No indication in the stored figures.
with respect to the priced-in expectation
Since the last quarter
Q1 → Q2 2026
8 more unchanged: Revenue, 12 mo., FCF, 12 mo., Gross margin, EBIT margin, FCF margin, Net debt, Shares outstanding, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 18.04% | 10.66% | Rank 77 |
| Return on capital (Greenblatt) | 31.54% | 14.75% | Rank 88 |
| EBIT margin | 27.23% | 15.82% | Rank 73 |
| FCF margin | 14.97% | 8.70% | Rank 70 |
| Gross margin | 37.76% | 34.18% | Rank 62 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 2.97% | 4.25% | Rank 46 |
| Earnings growth, 3 years per year | 21.39% | 0.28% | Rank 71 |
| Earnings growth, 5 years per year | 25.60% | 13.36% | Rank 73 |
| Sustainable growth (ROE × retained earnings) | 15.48% | 9.35% | Rank 69 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 2.86% | 4.98% | Rank 27 |
| FCF yield | 2.21% | 3.94% | Rank 29 |
| EV/saleslower is better | 7.43 | 2.36 | Rank 9 |
| EV/EBITlower is better | 27.29 | 14.61 | Rank 16 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | 14.45% | 8.75% | Rank 64 |
| Share price, 6 months | 4.96% | −1.37% | Rank 69 |
| Share price, 3 months | 10.29% | −1.16% | Rank 85 |
| Distance from 52-week high | −5.74% | −21.97% | Rank 87 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 2.72% | 0.63% | Rank 34 |
| Change in share countlower is better | −2.78% | −0.01% | Rank 84 |
| Dividend streak in years | 33 | 3 | Rank 98 |
| Price reaction to results, market-adjusted | −0.94% | 0.05% | Rank 38 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 44.05% | 54.83% | Rank 27 |
| Net debt/EBITDAlower is better | 1.68 | 1.01 | Rank 35 |
| Debt to equitylower is better | 0.71 | 0.37 | Rank 26 |
| Volatility, 1 yearlower is better | 18.93% | 37.23% | Rank 99 |
Ten years in figures
| Year | Revenue, $B | EBIT margin | FCF, $B | Shares | Net debt, $B |
|---|---|---|---|---|---|
| 2016 | 10.5 | 22.0% | 1.3 | 288M | 9.0 |
| 2017 | 11.4 | 21.8% | 1.7 | 289M | 8.4 |
| 2018 | 14.8 | 15.1% | 1.8 | 334M | 10.8 |
| 2019 | 28.2 | 11.6% | 2.5 | 545M | 12.2 |
| 2020 | 27.2 | 14.3% | 4.0 | 531M | 13.5 |
| 2021 | 30.8 | 17.2% | 6.6 | 522M | 12.4 |
| 2022 | 33.4 | 19.4% | 5.7 | 504M | 13.4 |
| 2023 | 32.9 | 24.7% | 5.5 | 492M | 15.7 |
| 2024 | 33.0 | 26.0% | 4.9 | 482M | 17.8 |
| 2025 | 34.0 | 27.2% | 5.1 | 469M | 21.9 |
4 of 7 StockScorer Score rules met · How the score is built
Linde plc Ordinary Shares mainly meets criteria in the Profitability category. Result from 18 strategies checked.
Linde plc Ordinary Shares is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
4 of 7 rules met
6 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Linde plc Ordinary Shares.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 35.0 | 19.6 |
| P/B ratio | 6.3 | 2.1 |
| Return on equity (ROE) | 18.0% | 10.7% |
| Equity ratio | 44.1% | 54.8% |
| Debt-to-equity (D/E) | 0.71 | 0.37 |
| Dividend yield | 1.2% | 2.1% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| LIN | Linde plc Ordinary Sharesthis page | |
| AI.PA | Air Liquide SA | Low4.5 |
| ECL | Ecolab Inc | Medium5.5 |
| SHW | Sherwin-Williams Co | Low4.5 |
| APD | Air Products and Chemicals Inc | locked |
| GIVN.SW | Givaudan SA | locked |
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