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Linde plc Ordinary Shares (LIN)

Upturn stock ratingUpturn stock rating
$476.73
Last Close (24-hour delay)
Profit since last BUY4.55%
upturn advisory
Consider higher Upturn Star rating
BUY since 78 days
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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  • YEAR
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Upturn Advisory Summary

09/15/2025: LIN (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

28 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $511

1 Year Target Price $511

Analysts Price Target For last 52 week
$511 Target price
52w Low $406.06
Current$476.73
52w High $484.83

Analysis of Past Performance

Type Stock
Historic Profit 19.48%
Avg. Invested days 55
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/15/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 226.03B USD
Price to earnings Ratio 34.24
1Y Target Price 511
Price to earnings Ratio 34.24
1Y Target Price 511
Volume (30-day avg) 28
Beta 0.95
52 Weeks Range 406.06 - 484.83
Updated Date 09/14/2025
52 Weeks Range 406.06 - 484.83
Updated Date 09/14/2025
Dividends yield (FY) 1.20%
Basic EPS (TTM) 14.08

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 20.2%
Operating Margin (TTM) 28.26%

Management Effectiveness

Return on Assets (TTM) 6.95%
Return on Equity (TTM) 17.31%

Valuation

Trailing PE 34.24
Forward PE 26.74
Enterprise Value 247167150805
Price to Sales(TTM) 6.8
Enterprise Value 247167150805
Price to Sales(TTM) 6.8
Enterprise Value to Revenue 7.43
Enterprise Value to EBITDA 18.93
Shares Outstanding 468910016
Shares Floating 467235525
Shares Outstanding 468910016
Shares Floating 467235525
Percent Insiders 0.26
Percent Institutions 87.42

ai summary icon Upturn AI SWOT

Linde plc Ordinary Shares

stock logo

Company Overview

overview logo History and Background

Linde plc was formed in 2018 through the merger of Praxair and Linde AG. Linde traces its roots back to 1879 with the founding of Gesellschaft fu00fcr Linde's Eismaschinen AG in Germany. The merger created the world's largest industrial gas company.

business area logo Core Business Areas

  • Industrial Gases: Production, distribution, and sale of atmospheric gases (oxygen, nitrogen, argon) and process gases (hydrogen, carbon dioxide, helium).
  • Engineering: Design and construction of turnkey plants for the production of industrial gases and other process plants.

leadership logo Leadership and Structure

The CEO of Linde plc is Sanjiv Lamba. The company has a global organizational structure with regional segments responsible for operations and sales.

Top Products and Market Share

overview logo Key Offerings

  • Oxygen: Used in various industries like steelmaking, chemical processing, and healthcare. Linde is a major supplier of oxygen globally. Competitors: Air Products, Air Liquide. Market Share Data: Accounts for a significant portion of industrial gas revenue.
  • Nitrogen: Used for purging, blanketing, cooling, and freezing. Linde supplies nitrogen to diverse sectors. Competitors: Air Products, Air Liquide. Market Share Data: Accounts for a significant portion of industrial gas revenue.
  • Hydrogen: Used in petroleum refining, chemical synthesis, and transportation. Linde is increasing its presence in the hydrogen market. Competitors: Air Products, Air Liquide. Market Share Data: Increasing market share in the growing hydrogen economy.

Market Dynamics

industry overview logo Industry Overview

The industrial gases industry is characterized by high barriers to entry, long-term contracts, and a focus on operational efficiency. The industry is consolidating, with a few major players dominating the market.

Positioning

Linde is the world's largest industrial gas company, holding a leading position in most major markets. Its scale, global network, and technological capabilities provide a competitive advantage.

Total Addressable Market (TAM)

The global industrial gases market is estimated at over $100 billion. Linde's position as the market leader positions it well to capture a substantial share of the TAM.

Upturn SWOT Analysis

Strengths

  • Global scale and leading market position
  • Extensive distribution network
  • Strong technological capabilities
  • Long-term customer relationships
  • Operational efficiency

Weaknesses

  • High capital expenditure requirements
  • Exposure to cyclical industries
  • Complexity of global operations
  • Dependence on energy prices
  • Integration risks following the merger of Praxair and Linde AG

Opportunities

  • Growing demand for industrial gases in emerging markets
  • Expanding applications of industrial gases in new industries
  • Development of the hydrogen economy
  • Adoption of digital technologies
  • Strategic acquisitions

Threats

  • Economic downturns
  • Increased competition
  • Fluctuations in energy prices
  • Environmental regulations
  • Geopolitical risks

Competitors and Market Share

competitor logo Key Competitors

  • APD
  • AI

Competitive Landscape

Linde's advantages include its scale, global network, and technology. Competitors focus on specific markets or technologies.

Major Acquisitions

Linde Gas UK Limited

  • Year: 2021
  • Acquisition Price (USD millions): 47
  • Strategic Rationale: Streamline operations. Data as of Dec 31 2021. Price is in millions

Growth Trajectory and Initiatives

Historical Growth: Linde's historical growth has been driven by organic expansion, acquisitions, and technological innovation.

Future Projections: Analyst estimates project continued growth for Linde, driven by demand for industrial gases in various sectors, including healthcare, manufacturing, and energy.

Recent Initiatives: Linde has invested in hydrogen projects, digitalization, and sustainable solutions.

Summary

Linde plc is a financially strong company and the world's largest industrial gas company, benefiting from its global scale and long-term customer relationships. It has strong opportunities in emerging markets and the hydrogen economy. However, Linde is exposed to cyclical industries and fluctuations in energy prices. Its success will depend on managing these risks and capitalizing on growth opportunities.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Analyst Estimates
  • Linde's website

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. Market share figures are estimates and may vary depending on the source and definition.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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 64842
Full time employees 64842

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.