Linde plc Ordinary Shares LIN

What the company does

Linde plc Ordinary Shares is a mega-cap company in the Basic Materials sector (Specialty Chemicals), with a market value of $234.6B, based in the USA.

It employs about 64,649 people and has been listed since Jan 11, 2002.

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.

Cheap or expensive? no comparison basis

Price-to-earnings (p/e): 32.8. We have no good comparison group for this stock, so the number stands alone.

Revenue is growing 9% versus the same quarter last year.

On analysts' next-year forecasts the multiple drops to 23.6 — they expect higher earnings.

The average analyst price target is 545.26, 7% above the current price (their view, not ours).

The stock sits at 77% of its one-year range (0% = the low, 100% = the high).

The risks

• • Quarterly report in 4 days (2026-10-29) — a day the stock can move a lot.

Strengths

• ✅ Profitable — 21 of every 100 dollars of revenue stays as profit.
• ✅ Generates free cash flow — profit becomes cash in the bank.
• ✅ Buys back its shares (2% fewer shares in a year).
• ✅ Most analysts rate it buy (23 vs 1).
• ✅ Pays a dividend (1.2% a year).

What changed this week

Over the past week the stock rose 2.1% (for comparison: S&P 500 -0.4%, sector ETF XLB +0.8%).

This week's news

• 3 Australian Rare Earth Stocks To Own In October 2026 finance.yahoo.com · 2026-10-22
  What the article says

  China's rare earth export controls have pushed chip giant TSMC to hunt for alternative materials, which keeps attention firmly on secure supplies of these minerals. That spotlight helps Australian rare earth miners, which sit closer to potential non Chinese supply chains. Investors looking for exposure to this… source ↗

• Linde (LIN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release finance.yahoo.com · 2026-10-22
  What the article says

  Wall Street expects a year-over-year increase in earnings on higher revenues when Linde (LIN) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the… source ↗

• Linde (LIN): How Much Value Is Really Locked Into Its Project Backlog? finance.yahoo.com · 2026-10-21
  What the article says

  Linde plc (NASDAQ:LIN) is turning semiconductor investment into long-term gas contracts. Its Q2 2026 project backlog of roughly $11 billion includes $8.1 billion of estimated capital costs for gas projects and $3.0 billion of engineering orders. For a company featured among the 10 Best Dividend Aristocrat Stocks to… source ↗

• Linde Expands Supply of Industrial Gases to Tata Steel in India finance.yahoo.com · 2026-10-21
  What the article says

  WOKING, England, October 21, 2026--(BUSINESS WIRE)--Linde (Nasdaq: LIN) today announced it has expanded its long-term supply of industrial gases to Tata Steel Limited at its Kalinganagar Industrial Complex in Odisha, India. Under a long-term supply agreement, Linde has doubled its on-site capacity for Tata Steel… source ↗

What changed since last week

• The price rose 3.3% since the last summary.