Linde plc

NASDAQ•LIN

CEO: Mr. Sanjiv Lamba

Sector: Basic Materials

Industry: Chemicals - Specialty

Listing Date: 1992-06-17

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations, such as air separation, hydrogen, synthesis, olefin, and natural gas plants. It serves a range of industries, including healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics. The company was founded in 1879 and is based in Woking, the United Kingdom.

Contact Information

Forge, 43 Church Street West, Woking, GU21 6HT, United Kingdom

44-14-8324-2200

www.linde.com

Market Cap

$224.11B

P/E (TTM)

32.5

Dividend Yield

1.2%

52W High

$510.65

52W Low

$387.78

52W Range

78%

Rank21Top 7.6%

6.0

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Strong • 6 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$8.76B+0.00%

4-Quarter Trend

EPS

$3.28+0.00%

4-Quarter Trend

FCF

$1.57B+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Sales and Profit Growth Sales reached $33,986M, increasing 3%. Adjusted operating profit grew 4% to $10,137M for 2025.

Earnings Per Share Rises Reported diluted EPS was $14.61, marking a 7% increase. Net Income grew 5% to $6,898M.

Strong Cash Flow Generation Cash flow from operations reached $10,350M, showing a $927M increase driven by higher net income.

Segment Performance Strength Americas sales grew 5% to $15,208M, while EMEA operating profit surged 10% to $3,055M.

Risk Factors

Energy and Raw Material Costs Energy is largest cost item; price variability and supply disruptions may negatively impact profitability and sales.

Economic Conditions Impact Demand Broad economic decline across 80+ countries could reduce product demand and impair customer obligations.

International Operations Exposure Significant international operations face risks from currency fluctuations, trade conflicts, and political instability abroad.

Talent Attraction and Retention Inability to attract, hire, and retain skilled personnel is a prerequisite risk affecting business success.

Outlook

Focus on Clean Energy Transition Developing proprietary technologies for low-carbon hydrogen supports future clean energy growth opportunities globally.

Managing Russian Litigation Liability Vigorously defending interests against Russian Claims; contingent liability remains at $1.2 billion from terminated projects.

R&D for Gas Technologies Research focuses on advanced air separation, hydrogen, and carbon management solutions for market growth.

Share Repurchase Authorization $7.3 billion remains authorized for share repurchases under the existing 2023 program as of year-end.

Peer Comparison

Revenue (TTM)

LIN

$33.99B

+3.0%

SHW

$23.57B

+2.1%

ECL

$16.08B

+2.2%

Gross Margin (Latest Quarter)

SCCO

62.0%

+13.8pp

WDFC

56.2%

+1.4pp

SHW

48.8%

+0.3pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
LIN	$224.11B	32.5	18.1%	31.1%
SCCO	$157.48B	36.9	42.2%	34.7%
SHW	$82.61B	32.0	58.5%	56.1%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

2.6%

Moderate Growth

4Q Net Income CAGR

-2.0%

Stable Profitability

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 29, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data