Margin Expansion Path | Discover how productivity initiatives and inflation-aligned pricing discipline support 50 basis points of annual margin improvement, independent of broader economic recovery scenarios |
Market Dominance | Commanding 31-32% of the global industrial gas market, Linde leverages scale advantages and diversified distribution across on-site, bulk, and cylinder networks to maintain pricing powe |
Analyst Upgrades | Two firms upgraded Linde to Buy with $500 price targets, citing attractive valuation at 15.6x forward EBITDA versus 16.8x three-year average, creating asymmetric upside |
Growth Acceleration | Linde's earnings growth is projected to accelerate from 6% in 2025 to 9-10% in 2026, driven by project backlog conversions contributing 1-2% annually to EPS expansion |
Metrics to compare | LIN | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipLINPeersSector | |
|---|---|---|---|---|
P/E Ratio | 33.5x | 23.4x | 3.5x | |
PEG Ratio | 3.55 | 1.12 | 0.00 | |
Price / Book | 6.2x | 4.0x | 1.6x | |
Price / LTM Sales | 6.8x | 2.5x | 1.3x | |
Upside (Analyst Target) | 7.7% | 22.9% | 47.2% | |
Fair Value Upside | Unlock | −4.9% | 3.3% | Unlock |
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. The company serves the healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics industries. It operates in the United States, Brazil, Mexico, Canada, Germany, the United Kingdom, Eastern Europe, China, Australia, South Korea, and India. Linde plc was founded in 1879 and is based in Woking, the United Kingdom.