Optional product analytics
With your permission, we use privacy-limited analytics to understand which research journeys work. We do not run advertising trackers or session replay. You can change this choice in Preferences. Read the Privacy Policy.
Linde plc's published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $220.2B | |
|---|---|---|
| Revenue (ttm) | 35.4B | |
| Net income (ttm) | 7.2B | |
| EPS (ttm) | $15.5 | |
| Shares out | 461M | |
| P/E (trailing) | 32.8x | |
| P/E (forward) | 24.5x | |
| Dividend | $6.40 (1.26%) | |
| Volume | 1,632,304 | |
| Beta | 0.71 |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
| Revenue | $30.79B | $33.36B | $32.85B | $33.01B | $33.99B | +2.5% |
| Gross profit | $8.62B | $9.71B | $11.55B | $12.08B | $14.73B | +14.3% |
| Operating income | $4.98B | $5.37B | $8.02B | $8.64B | $8.92B | +15.7% |
| Net income | $3.83B | $4.15B | $6.20B | $6.57B | $6.90B | +15.9% |
| EPS (diluted) | $7.33 | $8.23 | $12.59 | $13.62 | $14.61 | +18.8% |
| EBITDA | $9.89B | $9.94B | $12.29B | $12.92B | $12.95B | +7.0% |
| R&D | $143.0M | $143.0M | $146.0M | $150.0M | $147.0M | +0.7% |
| SG&A | $3.19B | $3.11B | $3.30B | $3.34B | $3.43B | +1.9% |
Recent company headlines from major financial publishers.
The base path supports $266.68, but the shares remain rated Sell because the earnings path does not close the gap to $468.38 (as of 2026-09-08).
This case depends on the stated regional growth and cash-after-investment conditions. It is disconfirmed if recurring capex or valuation normalization overwhelms the earnings path.
| Ke ↓ / g → | 1.0% | 1.5% | 2.0% | 2.5% | 3.0% |
|---|---|---|---|---|---|
| 6.1% | $295 | $303 | $314 | $327 | $346 |
| 7.1% | $273 | $278 | $285 | $292 | $302 |
| 8.1% | $256 | $260 | $267 | $269 | $275 |
| 9.1% | $242 | $245 | $248 | $251 | $255 |
| 10.1% | $231 | $232 | $235 | $237 | $240 |
Upcoming earnings date and setup when available.
The rating each month's published research edition carried. A rating compares the price at analysis with the Fair value; it is not a record of whether the call was right.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
