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Linde PLC LIN Stock Quote

| Rating as of


Pre-Market: 371.81 0.19 | 0.05 %

| Currency in USD

  • Last Close 372.01
  • Sector Basic Materials
  • Industry Specialty Chemicals
  • Investment Style Large Blend
  • Day Range 370.01  –  373.92
  • Year Range 264.95  –  393.67
  • Market Cap 181.5207 Bil
  • Volume / Avg 41.0 /  1.3 Mil
  • Price / Sales 5.59
  • Price / Book 4.55
  • Forward Div Yield 1.36%
  • Trailing Div Yield 1.34%

Morningstar‘s Stock Analysis LIN

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Is it the right time to buy or sell?

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Economic Moat


Capital Allocation


Linde Raises Full-Year 2023 Outlook After Solid Second Quarter

Krzysztof Smalec Equity Analyst

Business Strategy and Outlook

| Krzysztof Smalec |

Linde is the largest industrial gas producer in the world and benefits from operating in an industry with a very favorable structure. Despite selling industrial gases, which are essentially commodities, industrial gas companies have consistently delivered lucrative returns thanks to their economic moats. Industrial gases typically account for a relative fraction of customers’ costs but are a vital input to ensure uninterrupted production. As such, customers are often willing to pay a premium and sign long-term contracts to ensure their businesses are running smoothly. Long-term contracts and high switching costs contribute to industrial gas producers' moats, helping them generate a relatively predictable cash flow stream and lucrative returns.

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Key Statistics LIN

Company Profile LIN

Business Description

Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $33 billion in revenue and $5.4 billion in GAAP operating profit in 2022.

10 Riverview Drive
Danbury, CT, 06810
Industry Specialty Chemicals
Employees 66,270

Related Articles LIN

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of LIN’s competitive advantage.

Linde PLC


Air Products & Chemicals Inc


PPG Industries Inc


Air Liquide SA

+$0.81 (0.22%) −$1.44 (0.50%) −$0.58 (0.45%) +$1.34 (0.85%)
Market Cap
181.52 Bil63.37 Bil30.15 Bil83.46 Bil
Specialty Chemicals Specialty Chemicals Specialty Chemicals Specialty Chemicals
Basic Materials
Basic Materials
Basic Materials
Basic Materials

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Linde PLC Stock

Yes. LIN has a forward dividend yield of 1.37%. See LIN’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

LIN’s market cap is 181.52 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

LIN’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

LIN’s price/sales is 5.59.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

LIN’s price/forward earnings is 32.46.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

LIN’s price/book is 4.55.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See LIN’s valuation ratios compared to the Market Index.

LIN’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare LIN’s historical performance against its industry peers and the overall market.