Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
LIN 
Linde plc Ordinary Shares (LIN)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
07/03/2025: LIN (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
28 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $494.44
1 Year Target Price $494.44
| 12 | Strong Buy |
| 6 | Buy |
| 9 | Hold |
| 0 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 18.81% | Avg. Invested days 49 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 223.87B USD | Price to earnings Ratio 34.49 | 1Y Target Price 494.44 |
Price to earnings Ratio 34.49 | 1Y Target Price 494.44 | ||
Volume (30-day avg) 28 | Beta 0.98 | 52 Weeks Range 407.35 - 482.86 | Updated Date 07/3/2025 |
52 Weeks Range 407.35 - 482.86 | Updated Date 07/3/2025 | ||
Dividends yield (FY) 1.28% | Basic EPS (TTM) 13.79 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 20.02% | Operating Margin (TTM) 28.29% |
Management Effectiveness
Return on Assets (TTM) 6.96% | Return on Equity (TTM) 17.01% |
Valuation
Trailing PE 34.49 | Forward PE 29.07 | Enterprise Value 243218593918 | Price to Sales(TTM) 6.78 |
Enterprise Value 243218593918 | Price to Sales(TTM) 6.78 | ||
Enterprise Value to Revenue 7.37 | Enterprise Value to EBITDA 18.87 | Shares Outstanding 470724000 | Shares Floating 469475009 |
Shares Outstanding 470724000 | Shares Floating 469475009 | ||
Percent Insiders 0.24 | Percent Institutions 87.46 |
Upturn AI SWOT
Linde plc Ordinary Shares
Company Overview
History and Background
Linde plc was formed in 2018 through the merger of Praxair and Linde AG. Praxair, founded in 1907, was a leading industrial gas company in North and South America, while Linde AG, founded in 1879, was a major player in Europe and Asia. The merger created the world's largest industrial gas company.
Core Business Areas
- Industrial Gases: Produces and distributes atmospheric gases (oxygen, nitrogen, argon) and process gases (hydrogen, helium, carbon dioxide). These gases are used across a wide range of industries.
- Engineering: Designs and builds plants for the production of industrial gases and other process industries. This segment also provides related services, such as maintenance and upgrades.
Leadership and Structure
Linde plc is led by a Chief Executive Officer (CEO) and a senior management team. The company operates with a global organizational structure, with regional and functional divisions responsible for specific aspects of the business.
Top Products and Market Share
Key Offerings
- Oxygen: Used in steelmaking, chemical processing, and healthcare. Linde has a significant market share in oxygen production and distribution. Competitors: Air Liquide, Air Products.
- Nitrogen: Used in electronics manufacturing, food processing, and pharmaceuticals. Linde is a major supplier of nitrogen to various industries. Competitors: Air Liquide, Air Products.
- Hydrogen: Increasingly used as a clean energy source and in various industrial processes. Linde is investing in hydrogen production and distribution infrastructure. Competitors: Air Products, Cummins.
Market Dynamics
Industry Overview
The industrial gas industry is characterized by a few large players and is driven by demand from manufacturing, healthcare, and energy sectors. It's a consolidated industry with high barriers to entry.
Positioning
Linde plc is the largest industrial gas company globally, benefiting from its scale, geographic reach, and technological capabilities. It has a strong position in major markets and is well-positioned to capitalize on growth opportunities in emerging economies and sustainable technologies.
Total Addressable Market (TAM)
The global industrial gases market is estimated at approximately $100-120 billion. Linde captures a significant portion of this TAM and seeks to increase its share through organic growth, acquisitions, and technological innovation.
Upturn SWOT Analysis
Strengths
- Global Scale and Reach
- Diversified Product Portfolio
- Strong Customer Relationships
- Technological Expertise
- Cost Efficiency
Weaknesses
- High Capital Expenditure
- Exposure to Cyclical Industries
- Integration Risks from Acquisitions
- Dependence on Key Customers
Opportunities
- Growth in Emerging Markets
- Increasing Demand for Clean Energy Solutions (Hydrogen)
- Expansion of Healthcare Applications
- Digitalization and Automation
- Infrastructure Development Projects
Threats
- Economic Downturns
- Fluctuations in Energy Prices
- Stringent Environmental Regulations
- Competition from Local Players
- Geopolitical Risks
Competitors and Market Share
Key Competitors
- APD
- Air Liquide (not US traded)
Competitive Landscape
Linde plc benefits from its scale and geographic reach, giving it a cost advantage over smaller competitors. It also has a strong technological capability in developing new products and solutions.
Major Acquisitions
Linde Engineering Dresden GmbH
- Year: 2023
- Acquisition Price (USD millions): 100
- Strategic Rationale: Acquisition of specialized engineering services and technologies to enhance its existing engineering capabilities.
Growth Trajectory and Initiatives
Historical Growth: Linde plc has experienced consistent revenue and earnings growth over the past several years, driven by organic growth, acquisitions, and cost optimization.
Future Projections: Analysts project continued growth for Linde plc, driven by increasing demand for industrial gases in emerging markets and the expansion of clean energy solutions like hydrogen. Estimated growth rate for revenue is around 4-6% annually.
Recent Initiatives: Recent strategic initiatives include investments in hydrogen production facilities, expansion of healthcare applications, and digitalization of operations.
Summary
Linde plc is a strong company with a dominant market position in the industrial gas industry. It benefits from its global scale, diversified product portfolio, and technological capabilities. It needs to watch out for economic downturns and increasing competition. Current initiatives into hydrogen are strong
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry Publications
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. The analysis is based on publicly available information and assumptions and is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Linde plc Ordinary Shares
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2002-01-11 | CEO & Director Mr. Sanjiv Lamba | ||
Sector Basic Materials | Industry Specialty Chemicals | Full time employees 65069 | Website https://www.linde.com |
Full time employees 65069 | Website https://www.linde.com | ||
Linde plc operates as an industrial gas company in the United States, China, Germany, the United Kingdom, Australia, Mexico, Brazil, and internationally. It 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, acetylene, etc. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations consist of air separation, hydrogen, synthesis, olefin, and natural gas plants. It serves a range of industries comprising healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics. Linde plc was founded in 1879 and is based in Woking, the United Kingdom.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.