Linde plc

NASDAQ: LIN

Stock price

513.22 USD

(+Infinity%) NaN day

Financial Performance

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5Y price score: 106

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The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 366.9%

DATE RANGE:

US$ Per
Share

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387.7

52-week range

548.2

513.22

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Required return / cost of capital
%
FCFF terminal growth rate
%

Your fair value & Margin of safety

To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

Forecast:

Valuation

Free Cash Flow Yield

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FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

2.1 %

Dividend Yield TTM

1.2 %

Market cap $

$ 237,416

Price / Earnings TTM

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P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

34.1

Price / Book TTM

6.2

PEG TTM

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Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

4.8

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

12.6 %

85.7 %

366.9 %

Free cash flow per share growth

6.3 %

43.1 %

175.1 %

Earnings per share growth

7.1 %

209.8 %

172.7 %

Founded: 1,879

Employees: 65,069

Business Summary:Linde plc operates as an industrial gas and engineering company in North and South America, Europe, the Middle East, Africa, and the Asia 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 olefin, natural gas, air separation, hydrogen, and synthesis gas plants. It serves a range of industries, including healthcare, energy, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, and water treatment. The company was founded in 1879 and is based in Woking, the United Kingdom.

Fair Value Reference Estimate

Latest Earnings Call Takeaways

2026 Q1 (May 1, 2026)

1) Financial Performance Overview
- EPS of $4.33, up 10% YoY.
- Operating margins at 30%, with a return on capital of 24%.
- Sales reached $8.8 billion, an 8% increase YoY, flat sequentially.
- Operating profit increased 8% YoY to $2.6 billion.
- Operating cash flow was $2.2 billion, 4% higher YoY.

2) Segment Growth Insights
- Healthcare: 1% growth YoY, impacted by flat U.S. home care due to new policy changes.
- Food and Beverage: Grew 5%, driven by U.S. beverage demand.
- Electronics: Increased by 10%, supported by investments in advanced chip production.
- Chemicals and Energy: Grew 3%, with regional variances; Americas showed growth while EMEA faced declines.
- Metals and Mining: Grew 3%, primarily in the Americas.
- Manufacturing: Grew 5%, with aerospace activity in the U.S. being a significant contributor.

3) Challenges and Headwinds
- U.S. healthcare policy changes impacting home care services.
- EMEA facing negative volume trends due to geopolitical tensions and economic uncertainties.
- APAC volumes affected by seasonal factors and weaker industrial activity.
- Helium supply shortages due to geopolitical events, although Linde is well-positioned with a broad supply chain.

4) Operational and Strategic Plans
- Continued investment in project backlog exceeding $1 billion, particularly in electronics and advanced manufacturing.
- Focus on securing long-term contracts in the helium market, prioritizing customer commitments.
- Ongoing capital allocation strategy includes a 7% dividend increase and $800 million in stock repurchases.
- Guidance for Q2 EPS expected in the range of $4.40 to $4.50, with full-year guidance updated to $17.60 to $17.90.

5) Outlook and Investor Considerations
- The company remains cautious about economic improvements, particularly in EMEA.
- Confidence in the Americas' growth trajectory, supported by strong industrial activity and demand for packaged gases.
- The potential for upside in helium pricing and volumes, depending on geopolitical developments.
- The transcript does not provide detailed insights into specific future projects or timelines for the commercial space sector.

Bottom line: Linde's solid Q1 performance reflects resilience amid economic challenges, with growth across key segments and a strong outlook for the Americas. However, geopolitical uncertainties and sector-specific headwinds warrant cautious optimism for the remainder of the year.

Annual Reports, Presentations And IR Contacts

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Linde plc — Financial Overview, Stock Price, Market Cap

Linde plc is a company. Founded in 1879. As of July 20, 2026, the company's market capitalization is $237415572000 with a current stock price of $513.22.