LINbasic materialsnasdaqgsupdated 7:21:29 PM

Linde plc logoLinde plc

Linde plc (LIN) is a basic materials company operating in specialty chemicals. The company operates in the specialty chemicals segment and is benchmarked against listed peers. This analysis page tracks valuation context, trend strength, and downside risk over time.

Price

$485.67

-0.87% today

Risk

Low

14.2% vol · 30d

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Key facts, as of

As of October 7, 2026, Linde plc (LIN) trades at $485.67, up 3.3% over the past year. Its 52-week range runs from $387.78 to $548.20; the price is 11.4% below that high. It is 11.4% below its all-time high of $548.20, reached in July 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +363.5%, against +312.9% for the S&P 500 (SPY). It sits 0.3% below its 200-day average of $487.19, the usual sign of a long-term downtrend. Its 30-day volatility is 14.2% annualized, which we rate low risk. It has a trailing P/E of 31.4 and a dividend yield of 1.31%.

Cite: Portfolio Terminal, "Linde plc (LIN) stock analysis", 2026-10-07. https://portfolio-terminal.com/analyse/lin

01Market

Where it trades today

Market cap

$223.88B

Price / earnings

31.4x

Beta

0.71

swings less than the market

Dividend yield

1.31%

Volume

1.06M

avg 2.08M

50-day average

$479.10

200-day average

$487.19

30-day trend

neutral

52-week range11.4% below the high
low $387.78$485.67high $548.20

trading 61% of the way up its 52-week range

02Price

How the price has moved

30-day price+3.69%
30 days ago$468.38 → $485.67today
1-year performance+7.0%
$428$477$525OctNovDecJanFebMarAprMayJunJulAugSep
LIN · 52 weeks$453.82 → $485.67
03History

How far it is from its record

All-time high

$548.20

Jul 2026, intraday

From the high

−11.4%

+12.9% to regain it

History from

Jun 1992

monthly, Yahoo Finance

10 years

+363.5%

SPY +312.9%

Linde plc (LIN) is 11.4% below its all-time high of $548.20, reached in July 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +363.5%, against +312.9% for the S&P 500 (SPY).

LIN since Jun 1992−11.4% from the high
$142$285$427$485.67$548.20 · Jul 2026200020102020
Month-end closes, split-adjusted · dashed: today
04Decision

What to weigh before acting

decision support3 sources

What Matters Now

  • Linde plc should be monitored through the lens of its industry cycle, capital allocation, and relative positioning against listed peers.
  • LIN trades at 31.4x earnings, well above the basic materials average of 14.0x, so the market is already pricing in above-consensus execution.
  • Recent realized volatility sits near 14.2%, below the sector norm of 28.0%, which supports a steadier role inside a diversified portfolio.
  • Relative performance versus APD, ECL, SHW matters here because leadership inside basic materials rarely stays static for long.

Portfolio Use Case

  • LIN is more useful for investors comparing conviction names inside basic materials than for someone looking for a passive “set and forget” holding.
  • The beta profile suggests it can fit a quality or lower-volatility sleeve more naturally than a high-octane tactical basket.
  • This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.

What Would Change the View

  • A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in LIN.
  • The view would need revisiting if peers such as APD, ECL, SHW start winning the marginal flow or posting cleaner operating momentum.

Methodology

  • Price, market cap, beta, yield, and liquidity fields for LIN come from Yahoo Finance quote and summary data.
  • 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
  • Sector context uses stored benchmark averages for Basic Materials so each page compares the ticker against a stable peer baseline rather than against the whole market.
  • Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as APD, ECL, SHW.

Sources

  • Yahoo Finance quote dataopen →

    Live quote, valuation, beta, yield, and volume fields used for LIN. Last refresh: Oct 7, 2026, 7:21 PM.

  • Portfolio Terminal methodologyopen →

    Explains how analytics, refresh cadence, and portfolio interpretation work across the product.

  • Peer set and coverage context

    Comparative context for this page is anchored around nearby tracked names such as APD, ECL, SHW.

Editorial note · Written by Portfolio Terminal Research. Template updated 3/24/2026, market data refreshed 10/7/2026, 7:21:29 PM. Built for research and portfolio monitoring, not personalized investment advice.
05About

What Linde plc does

profile

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…

Employees

64,649

Industry

Specialty Chemicals

Headquarters

Woking, United Kingdom

06Analyst Consensus

What analysts expect

LIN carries a buy consensus from 26 analysts, with an average price target of $543.81 versus $485.67 today (+12.0%). Targets are estimates and can move quickly after earnings.

Consensus

Buy

Average target

$543.81

$400.00 to $580.00

Upside to target

+12.0%

Analysts covering

26

Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.

07Financial Strength

How the business is doing

LIN generated $35.45B in trailing revenue (9.3% year over year), with a 20.4% net margin, and $4.16B of free cash flow, against $23.12B of net debt.

Revenue (TTM)

$35.45B

Net margin

20.4%

Revenue growth

9.3%

Free cash flow

$4.16B

Gross margin

48.3%

Operating margin

28.1%

Return on equity

18.4%

Total cash

$4.90B

Total debt

$28.01B

Earnings growth

11.3%

08Annual Financials

The numbers, year by year

annual financials4 years
Fiscal yearRevenueGross profitOperating incomeNet incomeEPSFree cash flow
2025$33.99B$16.60B$9.25B$6.90B$14.69$5.09B
2024$33.01B$15.86B$8.60B$6.57B$13.71$4.93B
2023$32.85B$15.36B$8.11B$6.20B$12.70$5.52B
2022$33.36B$13.91B$6.46B$4.15B$8.30$5.69B
Company filings via Yahoo Finance. Refreshed 10/7/2026.
09Next Earnings

When it reports next

Next report

Oct 29, 2026

EPS estimate

$4.52

Revenue estimate

$9.17B

Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.

10ETFs

Which ETFs hold it

LIN is in 10 of the 30 ETFs we track. It weighs most in VIG: 0.97% of the fund, holding #28 of 333.

etfs holding it10 of 30 funds
VIG0.97%#28 of 333VYM0.91%#22 of 603QQQM0.90%#28 of 102QQQ0.90%#28 of 101VTV0.82%#24 of 306VOO0.34%#51 of 505SPY0.32%#53 of 504IVV0.32%#53 of 503VTI0.31%#50 of 3,503JEPI0.07%#115 of 119
11Investors

Famous investors who hold it

LIN is in the latest 13F of 2 of the 15 famous investors we follow. George Soros (Soros Fund Management) holds the most of it: 1.70% of the portfolio, position #12 of 261, as of Q2 2026.

famous investors2 of 15 13F filers
George SorosSoros Fund Management · Q2 20261.70%#12 of 261Stanley DruckenmillerDuquesne Family Office · Q2 20260.41%#52 of 94
SEC Form 13F, Q2 2026, filed August 14, 2026. Long US positions only, 45 days after the quarter; shares, not options.Every investor we follow →
12Sector

How it sits in basic materials

Commodity-driven sector including mining, chemicals, and construction materials.

versus the sectorLIN vs average
metricLINsectorverdict
price / earnings31.4x14.0x↑ 124%
beta0.711.15less volatile
dividend yield1.31%2.20%below average
30-day volatility14.2%28%lower risk
13Peers

The companies it competes with

LIN beside the basic materials names it is usually measured against.

competitors4 companies
companypricemarket cap
Linde plc logoLIN$485.67$223.88B
Air Products and Chemicals logoAPD$279.16$62.16BEcolab Inc. logoECL$278.69$78.13BSherwin-Williams logoSHW$315.71$76.64B
Any row opens that company's own analysis.
14Technicals

What the chart is saying

Back above its 50-day average, still under the long-term trend.

recovering
lin · daily
50-day 479200-day 487resistancesupport
4605407030RSI 14 · 59volR 523R 506S 472S 444486MayJunJulAugSepOct
Daily candles · LINLevels are zones where the price turned at least twice in the last year. Last close $485.67 on 2026-10-07.

RSI (14)

59

neutral zone

vs 50-day

+1.4%

avg $479.10

vs 200-day

−0.3%

avg $487.19

From 1-year high

−11.4%

high $548.20 · 2026-07-07

levels and the read15% annualized vol · 30d
resistance$522.60turned here 4×+7.6%
resistance$505.82turned here 5×+4.1%
support$472.37turned here 5×−2.7%
support$443.65turned here 3×−8.7%
  • Price is 1.4% above its 50-day average and 0.3% below its 200-day.
  • The 50-day crossed below the 200-day on 2026-09-25 (a “death cross”).
  • RSI at 59 is neither stretched nor washed out.
  • The nearest ceiling is $505.82 (+4.1%), the nearest floor $472.37 (-2.7%).

A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.

15Questions

Questions people ask about it

questions9 answered

Is LIN a good investment in 2026?

Linde plc trades at a P/E ratio of 31.4, with low volatility (14.2% annualized). The stock is in a consolidation phase.

What is the risk level of LIN?

Based on 30-day volatility of 14.2%, LIN has LOW risk. Beta of 0.71 indicates lower sensitivity to market movements than average.

Does LIN pay dividends?

Yes, Linde plc has a dividend yield of 1.31%.

How far is LIN from its all-time high?

Linde plc is 11.4% below its all-time high of $548.20, reached in July 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +363.5%, against +312.9% for the S&P 500 (SPY).

Which ETFs hold LIN?

10 of the 30 popular ETFs we track hold Linde plc. The largest weights: VIG (0.97%), VYM (0.91%), QQQM (0.90%), QQQ (0.90%) and VTV (0.82%). Measured on each issuer's full holdings file, dated August 31 to October 1, 2026.

How much of VOO is LIN?

0.34%, as of August 31, 2026: LIN is holding #51 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $3.42 in Linde plc.

Which famous investors own LIN?

George Soros (1.70% of Soros Fund Management's 13F) and Stanley Druckenmiller (0.41% of Duquesne Family Office's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.

What is the analyst price target for LIN?

The average analyst price target for Linde plc (LIN) is $543.81 based on 26 analyst estimates, about 12.0% above the current price of $485.67. The published range runs from $400.00 to $580.00.

How much revenue does LIN generate?

Linde plc reported $35.45B in trailing twelve-month revenue. Revenue growth is running at 9.3% year over year. Net margin sits at 20.4%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.

Compare LIN with anything

Five years side by side: what $10,000 became, how far each fell, whether they move together.

Linde plc logo