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Linde

LINNASDAQStock Fundamentals

Linde plc is the world's largest industrial gas company, specializing in the production, sale, and distribution of atmospheric and process gases. The company provides essential gas supply and infrastructure solutions, leveraging proprietary technology to design and build complex gas processing plants for a wide range of industrial applications.

Market Cap$239.30B
Revenue TTM$34.7B
Net Income TTM$7.1B
P/E Ratio33.79
Net Margin20.44%
EPS TTM$15.08
Free Cash Flow TTM$5.1B
Employees66.2K
CEOSanjiv Lamba
CountryUnited Kingdom
Basic Materials
Chemicals - Specialty
SegmentsChemicals, Specialty Chemicals, Industrial Gases
Business ModelsManufacturing, Engineering and Construction (EPC), Long-term take-or-pay contracts
Most Recent EarningsMay 1, 2026 · 25 days agoQ1 2026
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Next EarningsAug 7, 2026 · in 2 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Op. Margin26.48%
ROE18.16%
D/E93.25%
Current Ratio0.829
Total Debt$36.0B
Cash$4.0B
CapEx TTM$5.3B

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Industrial Gases

primary

The core business focused on the production and distribution of atmospheric and process gases. These gases are delivered via on-site pipelines, merchant liquid tankers, or cylinder trucks depending on customer volume requirements.

Products

Oxygen, Nitrogen, Argon, Rare gases, Hydrogen, Helium, Carbon dioxide, Carbon monoxide, Electronic gases, Specialty gases, Acetylene

Customers

Healthcare providers, Chemical producers, Energy companies, Manufacturing plants, Metals and mining operators, Food and beverage processors, Electronics manufacturers

Engineering

major

This segment focuses on the design, engineering, and construction of equipment and facilities that produce or process industrial gases for internal use and third-party customers.

Products

Olefin plants, Natural gas plants, Air separation plants, Hydrogen plants, Synthesis gas plants

Customers

Industrial gas companies, Petrochemical companies, Refineries, Energy infrastructure developers

Segment Financials

EMEA — Variable costs

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Americas — Variable costs

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Corporate Segment and Other Operating Segment — Fixed costs and other

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Engineering Segment — Fixed costs and other

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Engineering Segment — Variable costs

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Business Overview

Competitive Position

Linde is the global market leader in the industrial gas industry with a dominant technological position in gas processing and plant engineering.

Geographies

Global, United Kingdom, United States, Ireland

Customer Segments

Healthcare, Chemicals and Energy, Manufacturing, Metals and Mining, Food and Beverage, Electronics

Upstream Dependencies

Electricity and energy providers, Raw material suppliers for plant construction, Natural gas feedstock

Downstream Customers

Hospitals, Semiconductor manufacturers, Steel mills, Oil refineries, Food preservation facilities

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Linde FAQ

Common questions about Linde

Linde plc is the world's largest industrial gas company, specializing in the production, sale, and distribution of atmospheric and process gases. The company provides essential gas supply and infrastructure solutions, leveraging proprietary technology to design and build complex gas processing plants for a wide range of industrial applications.

Linde (LIN) has a market capitalization of $239.30B and trades on NASDAQ.

Linde generated $34.7B in trailing twelve-month revenue with net income of $7.1B, representing a net margin of 20.4%, with free cash flow of $5.1B. These figures are based on the Q1 2026 filing.

Linde's key competitors include Air Products and Chemicals, Entegris Inc, Union Pacific Corp., and others. These companies compete in similar markets and product categories.

Linde has approximately 66,195 employees.