Linde plc (LIN)
Materials · industrial gases · NASDAQ
A global leader in industrial gases and engineering solutions supporting critical processes across virtually every sector of the economy.
What Linde plc does
Linde plc is a leading global industrial gases and engineering company. The company provides atmospheric gases, such as oxygen, nitrogen, and argon, as well as process gases, including hydrogen, helium, and carbon dioxide, along with related equipment and services to a wide range of industries.
Themes: industrial gases, hydrogen economy, decarbonization infrastructure, manufacturing supply chain, energy efficiency
Fundamentals
- Price$487.57 as of 2026-08-21 close
- Market cap$224.8B as of 2026-08-21
- 1-year return+1.4% 2025-08-21 close $480.71 → 2026-08-21 close $487.57
- P/E30.43 as of 2026-08-24
- Net margin+20.4% as of 2026-08-24
- Gross margin+48.4% as of 2026-08-24
- ROE+18.8% as of 2026-08-24
- Debt / equity0.72 as of 2026-08-24
- Revenue growth (YoY)+6.6% as of 2026-08-24
- Revenue CAGR (3y)+0.6% SEC XBRL
- Beta0.71 as of 2026-08-24
- Last reported earnings2026-07-31 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +1.2%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How LIN compares in its sector
- price-to-earnings ratiomiddle range 94 covered Materials peers, as of 2026-08-24
- net profit margintop 25% 142 covered Materials peers, as of 2026-08-24
- operating margintop 25% 142 covered Materials peers, as of 2026-08-24
- gross margintop 25% 141 covered Materials peers, as of 2026-08-24
- return on equitytop 25% 151 covered Materials peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 127 covered Materials peers
- indicated dividend yieldmiddle range 95 covered Materials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)top 10% 124 covered Materials peers, as of FY2025
Position among covered Materials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
LIN is not currently in any published Top 10 list. Its scores are below.
Long-term score
49.0 #535 of 987 scored · #21 of 66 in Materials
Capital return 71st (consecutive years of dividend increases 5 years) and profitability 69th (operating margin 26.5%, return on equity 18.8%); weakest is valuation (33rd, price to book 5.8, price to earnings 31.5).
Short-term score
38.0 #1474 of 1,704 scored · #75 of 83 in Materials
Momentum 40th: MACD momentum is positive; catalysts 39th: the analyst consensus rating is unchanged since the prior reading; weakest is trend 35th: a trend forming but not yet strong (ADX below 25).
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, LIN's dividend was covered by reported results (earnings payout 41%, free-cash-flow payout 55%). This describes past coverage, not a forecast.
- Earnings payout41% dividends / net income
- Free-cash-flow payout55% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How Linde plc looks technically
Linde plc (LIN) is trading 2.6% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 115 trading days ago — a "golden cross", a bullish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive). It made a new 20-day low about 5 trading days ago.
Trend
8
| Distance from the 200-day | it is trading 2.6% above its 200-day average, the long-term trend line — a longer-term uptrend | +2.6% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $507.27 | $507.27 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $475.21 | $475.21 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 21 calendar days ago — the swings before that are what the structure reading is measured on | 21 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 115 trading days ago — a "golden cross", a bullish long-term signal | 115 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 2.6% above | +2.6% |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend) | 22.3 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30) | 45.7 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($473.05 to $499.18) — its "stochastic" reading is 56 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 55.6 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive) | 1 session |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $548.20 | $548.20 |
|---|---|---|
| From the 52-week high | it is 11.1% below its 52-week high (its highest price of the past year) | -11.1% |
| Above the 52-week low | it is 25.7% above its 52-week low (its lowest price of the past year) | +25.7% |
| Below the 52-week high | it is 11.1% below its highest point of the past year | 11.1% |
| Since a 20-day breakout | it made a new 20-day low about 5 trading days ago | 5 sessions |
| Since a 55-day breakout | it made a new 55-day low about 5 trading days ago | 5 sessions |
| All-time high | its highest closing price on record is $548.20 (set on 2026-07-07) | $548.20 |
| Given back of the 52-week move | over the past year its closes ranged ($389.38 to $546.64), and it has given back roughly a third of its rise from last year’s low — 38% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $444.42 to $449.45. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 37.6% |
| From the all-time high | it is 11.1% below its all-time high | -11.1% |
| Nearest price level | it is trading 0.5% above a support level at $485.04 — a price it turned at 10 times since 2024-08-30, most recently on 2026-06-01. Since 2024-08-21 it has 6 such levels below the current price and 2 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.5% |
| All-time low | its lowest closing price on record is $6.81 (set on 1992-07-08) | $6.81 |
| Above the all-time low | it is 7057.0% above its all-time low | +7,057% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are wider than usual versus its own recent 6-month history (wider than about 73% of it) | 73rd percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $9.91 between its high and its low — about 2.0% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $9.91 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $466.10 and $511.80 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $466.10 – $488.95 – $511.80 |
| Typical daily range (% of price) | its price moves about 2.0% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.0% |
| Stretch from the 200-day average | it is trading 1.3 daily ranges above its 200-day average price (2.6% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 1.3 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.97× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | 1 session ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 1 session ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 1.1% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +1.1% |
|---|---|---|
| Open gap | it gapped 6.6% below the previous close 15 sessions ago and has not traded back through the level it left behind at 508.64 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -6.6% |
| Gap filled | a 2.4% gap up opened on 2026-06-11 has been "filled" 15 sessions ago — price traded back through the level the gap left behind, and it took 33 sessions to close | 15 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 4 sessions in a row, a +2.79% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 4 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 5.8 percentage points (the stock lost 3.5% while the market gained 2.3%) | -5.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 8.3 percentage points (the stock lost 5.2% while the market gained 3.1%) | -8.3% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 12.9 percentage points (the stock lost 1.8% while the market gained 11.1%) | -12.9% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 19.1 percentage points (the stock gained 1.4% while the market gained 20.5%) | -19.1% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 6.0% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thin, spanning 1.7% of the share price, which is taken to mean a barrier that gives way easily. | -6.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 1% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $490.94 — a volume-weighted average of daily closes over 155 sessions, not a true tick-by-tick VWAP. | -0.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is 1% above the average price paid since it last reported on 2026-07-31 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $483.06 — a volume-weighted average of daily closes over 16 sessions, not a true tick-by-tick VWAP. | +0.9% |
Price levels it has turned at before
LIN last closed at $487.57 on 2026-08-21. Since 2024-08-21 it has turned at 6 prices below its last close and 2 above; the 3 nearest below and the 2 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $485.04 | Support | 0.5% below the last close | turned there 10 times · 2024-08-30 to 2026-06-01 |
| $471.34 | Support | 3.3% below the last close | turned there 11 times · 2024-11-07 to 2026-07-31 |
| $505.82 | Resistance | 3.7% above the last close | turned there five times · 2026-02-26 to 2026-07-23 |
| $457.15 | Support | 6.2% below the last close | turned there 8 times · 2024-09-11 to 2025-10-01 |
| $522.58 | Resistance | 7.2% above the last close | turned there four times · 2026-05-01 to 2026-07-28 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Tested and reclaimed 200-day support · MACD just crossed bullish (12/26/9) · lagging the market · Trading at this year’s average price paid (anchored VWAP) · Trading below the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.70 mean, 1=Strong Buy…5=Strong Sell) — 25 analysts
- Mean price target$547.24 range $400.00 – $612.00; median $550.00
Analyst estimates, as of 2026-08-22. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for LIN
- Consensus EPS estimate$4.52 next reporting period, as of 2026-08-22
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Exposure to global economic downturns and cyclical end-markets.","Risks associated with international operations and foreign currency fluctuations.","Dependence on energy prices and raw material costs."]
What changed in the latest 10-Q
AI-assisted comparison of LIN's 10-Q filed 2026-05-01 against the prior one filed 2025-10-31.
Management's Discussion & Analysis (MD&A)
- Added:
- Q1 2026 consolidated results table with March 31, 2026 and 2025 comparison data (newer filing filed 2026-05-01)
- Reporting of Q1 2026 sales of $8,781 million, 8% above prior year (newer filing)
- Currency translation increased Q1 2026 sales by 5%, largely driven by strengthening of Euro against U.S. dollar (newer filing)
- Q1 2026 volumes increased sales by 1% primarily due to new project start-ups (newer filing)
- Q1 2026 reported operating profit of $2,439 million or 27.8% of sales (newer filing)
- Q1 2026 adjusted operating profit of $2,630 million or 30.0% of sales (newer filing)
- Q1 2026 diluted EPS of $3.98, 13% above Q1 2025 EPS of $3.51 (newer filing)
- Q1 2026 adjusted diluted EPS of $4.33, 10% above Q1 2025 adjusted EPS of $3.95 (newer filing)
- Q1 2026 had zero cost reduction program and other charges (newer filing)
- Q1 2026 employees: 65,034 (newer filing)
- Removed:
- Q3 2025 and nine-month consolidated results table (older filing filed 2025-10-31)
- Q3 2025 sales of $8,615 million, 3% above prior year (older filing)
- Nine-month 2025 sales data of $25,222 million (older filing)
- Q3 2025 reported operating profit of $2,367 million or 27.5% of sales (older filing)
- Q3 2025 adjusted operating profit of $2,558 million or 29.7% of sales (older filing)
- Q3 2025 diluted EPS of $4.09, 27% above Q3 2024 EPS of $3.22 (older filing)
- Q3 2025 adjusted diluted EPS of $4.21, 7% above Q3 2024 adjusted EPS of $3.94 (older filing)
- Q3 2025 cost reduction program and other charges of $(11) million (older filing)
- Nine-month 2025 cost reduction program and other charges of $44 million (older filing)
- Q3 2025 and nine-month employee counts of 65,489 (older filing)
- Nine-month consolidated results table and analysis (older filing)
- Reworded:
- Reporting period changed from 'quarters and nine months ended September 30, 2025 and 2024' to 'three months ended March 31, 2026 and 2025' (different quarterly reporting periods)
- Sales increase drivers breakdown changed from Q3 2025 vs. 2024 and nine-month comparisons to Q1 2026 vs. 2025 only, with different percentages for volume (1% vs. 0% in quarter), currency (5% vs. 1%), and acquisitions (1% vs. 1%)
- Cost of sales narrative changed from discussing Q3 2025 costs increased $23 million (1%) to Q1 2026 costs increased $366 million (9%)
- SG&A narrative changed from Q3 2025 increase of $74 million (9%) to Q1 2026 increase of $107 million (14%)
- Notes:
- The two filings compare different reporting periods (Q1 2026 vs. Q3 2025), so all data comparisons reflect different quarterly periods rather than updates to the same period
- The older filing includes nine-month year-to-date data which is completely absent from the newer filing
- Operational metrics like sales factors, margins, and growth drivers differ between quarters due to different business conditions in Q1 vs. Q3
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days.
- Last 180 days0 buys · 5 sells ($8M) — 3 selling insiders
Most recent open-market transaction: 2026-05-15. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about LIN's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Congressional trading disclosures
U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 18 matched disclosures for LIN from U.S. House Clerk Periodic Transaction Report filings.
Congressional trading disclosures →Short interest (FINRA)
LIN had 5,593,695 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
LIN had 1.21% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.56 days to cover at the same settlement.
- Reported short interest (shares) 5,593,695
- Short interest (% of shares outstanding) 1.21%
- Prior settlement (shares) 6,538,380
- Reported change -14.45%
- Days to cover (reported) 2.56
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Air Liquide (AI.PA)
- Air Products and Chemicals (APD)
- Messer Group
- Taiyo Nippon Sanso Corporation
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does Linde plc (LIN) do?
Linde plc is a leading global industrial gases and engineering company. The company provides atmospheric gases, such as oxygen, nitrogen, and argon, as well as process gases, including hydrogen, helium, and carbon dioxide, along with related equipment and services to a wide range of industries.
What sector is Linde plc (LIN) in?
Linde plc (LIN) is classified in the Materials sector. Its industry is industrial gases. It trades on NASDAQ.
Does LIN pay a dividend?
Yes — Linde plc (LIN) pays a dividend, with an indicated yield of about 1.23% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are Linde plc's (LIN) competitors?
Notable peers of Linde plc (LIN) include Air Liquide, Air Products and Chemicals, Messer Group and Taiyo Nippon Sanso Corporation. This peer set is informational only — not financial advice.
Has there been recent Congressional stock trading in LIN?
Yes — we hold 18 matched STOCK Act disclosures for LIN from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.
Is Linde plc (LIN) overbought or oversold right now?
Linde plc (LIN) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 46, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on LIN come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.