Linde plc (LIN) is a Materials stock trading at $482.70 (as of 2026-08-14), with a market capitalization of $222.52B and a trailing P/E of 30.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
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.
Linde supplies industrial gases (like oxygen, nitrogen, argon, helium, hydrogen, and specialty and electronic gases) and also designs and builds turnkey process plants; it makes money from selling these gases and providing process plant engineering and construction services to customers.
Linde’s profit model combines selling a wide portfolio of industrial and specialty gases with project-based revenue from designing and constructing turnkey process plants for third parties and for customers across multiple gas-related plant types.
| Sales | $7.9B |
Business quality (Solid): Clear business mix (gases plus turnkey engineering), but the provided segment breakdown is limited, so it is harder to see how much profit power comes from gas sales versus engineering work.
Valuation: At 34× earnings, LIN trades 11% below the Chemicals average (38×). Note: one-time items can distort reported P/E.
| Price | $482.70 |
| Market Cap | $222.52B |
| P/E Ratio | 30.7 |
| EV / EBITDA | 18.4 |
| Price / Book | 5.48 |
| Price / Sales | 6.28 |
| FCF Yield | 2.2% |
| DCF Value (model) | $163.52 |
| DCF Upside vs Price | -66.1% |
| Revenue (TTM) | $33.99B |
| Net Margin | 20.3% |
| Revenue Growth (YoY) | 9.3% |
| EPS Growth (YoY) | 11.2% |
| FCF Growth (YoY) | -12.7% |
| Altman Z-Score | 3.82 (safe) |
| Stock P/E | 30.7 |
| Sector P/E (Materials) | 25.8 |
| Industry P/E (Chemicals) | 31.1 |
| vs Sector | 19.2% |
| vs Industry | -1.4% |
| Sector | Materials |
| Industry | Chemicals |
| CEO | Sanjiv Lamba |
| Employees | 65,069 |
| Country | GB |
| IPO Date | 1992-06-17 |
Data as of 2026-08-14.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.