DalsnaFinance Account

Linde plc $LIN

Materials · Industrial Gases · NASDAQ

S&P 500 Nasdaq-100 Russell 1000 United Kingdom

Create a scorecard

$498.08

-5.36 (-1.06%)

As of Oct 20, 2026, 12:59 PM EDT

Price history

Loading chart…

Today's analyst average Analyst average over timeIndividual analyst targets Analyst history starts Feb 20, 2026, the first target we tracked for LIN.

Key facts

52-week range (closes): $389.38 – $546.64 Lowest close Dec 8, 2025, highest Jul 2, 2026; 251 daily closes to Oct 13, 2026 from Dalsna Finance's price archive
Next earnings: Oct 29, 2026, before the open · EPS forecast $4.52 Nasdaq earnings calendar, as of Oct 20, 2026
Fiscal year ends: December Fiscal 2025 ended Dec 31, 2025, from SEC filings
In the S&P 500 since: Jul 1, 1992 · All S&P 500 changes
In the Nasdaq-100 since: Mar 18, 2024, replacing Splunk (SPLK) · Splunk was acquired by Cisco. · All Nasdaq-100 changes
Analyst coverage: 16 open price targets from 7 firms: Bernstein, BMO Capital Markets, Bank of America, Citi, RBC Capital Markets, UBS, Argus Research Approved targets tracked here; see the analyst section below

Linde plc (LIN) is trading down at $498.08 (-1.06%) on NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Materials sector.

Analyst price targets on LIN

Current price targets from 7 firms average $555, median $549, ranging from $532 to $600 — the average is 12% above the current $498. Each is tracked to its date and scored the same way a member's call is.

RBC Capital Markets $493 → $549 by Oct 2027 Outperform Oct 15, 2026 via MarketBeat · RBC Capital Markets's track record
Citi $484 → $560 by Oct 2027 Oct 7, 2026 via GuruFocus · Citi's track record
Argus Research $469 → $538 by Oct 2027 Oct 1, 2026 via AD HOC NEWS · Argus Research's track record
Bernstein $466 → $563 by Sep 2027 Outperform Sep 11, 2026 via Investing.com · Bernstein's track record
BMO Capital Markets $492 → $546 by Aug 2027 Outperform Aug 10, 2026 via MarketBeat · BMO Capital Markets's track record
Citi $480 → $580 by Aug 2027 Buy Aug 3, 2026 via GuruFocus · Citi's track record
Bernstein $480 → $564 by Aug 2027 Outperform Aug 3, 2026 via GuruFocus · Bernstein's track record
RBC Capital Markets $480 → $553 by Aug 2027 Aug 3, 2026 via GuruFocus · RBC Capital Markets's track record
Bernstein $513 → $599 by Jul 2027 Outperform Jul 17, 2026 via GuruFocus · Bernstein's track record
Bernstein $513 → $559 by Jul 2027 Outperform Jul 17, 2026 via marketscreener.com · Bernstein's track record
UBS $496 → $600 by Jun 2027 Jun 2, 2026 via Investing.com · UBS's track record
Bank of America $497 → $532 by Jun 2027 Buy Jun 1, 2026 via Yahoo Finance · Bank of America's track record

Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.

Linde plc revenue & net income history (FY2016–FY2025)

RevenueNet incomeNet margin (right axis, %)

Linde plc annual financial statements
	FY2016Dec 2016	FY2017Dec 2017	FY2018Dec 2018	FY2019Dec 2019	FY2020Dec 2020	FY2021Dec 2021	FY2022Dec 2022	FY2023Dec 2023	FY2024Dec 2024	FY2025Dec 2025
Income statement
Revenue	$10.5B	$11.4B	$14.8B	$28.2B	$27.2B	$30.8B	$33.4B	$32.9B	$33.0B	$34.0B
Growth (year over year)	—	+7.8%	+30.6%	+90.3%	−3.5%	+13.0%	+8.3%	−1.5%	+0.5%	+3.0%
Gross profit	—	$4.98B	$5.82B	$11.6B	$11.9B	$13.3B	$13.9B	$15.4B	$15.9B	$16.6B
Gross margin	—	43.8%	39.2%	41.0%	43.5%	43.0%	41.7%	46.8%	48.1%	48.8%
Operating income	$2.25B	$2.44B	$5.25B	$2.93B	$3.32B	$4.98B	$5.37B	$8.02B	$8.63B	$8.92B
Operating margin	21.3%	21.5%	35.4%	10.4%	12.2%	16.2%	16.1%	24.4%	26.2%	26.3%
Net income	$1.50B	$1.25B	$4.38B	$2.29B	$2.50B	$3.83B	$4.15B	$6.20B	$6.57B	$6.90B
Net margin	14.2%	11.0%	29.5%	8.1%	9.2%	12.4%	12.4%	18.9%	19.9%	20.3%
EPS (diluted)	$5.21	$4.32	$13.11	$4.19	$4.71	$7.33	$8.23	$12.59	$13.62	$14.61
Balance sheet
Cash and equivalents	$524.0M	$617.0M	$4.47B	$2.70B	$3.75B	$2.82B	$5.44B	$4.66B	$4.85B	$5.06B
Total assets	—	$20.4B	$93.4B	$86.6B	$88.2B	$81.6B	$79.7B	$80.8B	$80.1B	$86.8B
Total liabilities	—	$13.9B	$36.3B	$35.0B	$38.6B	$36.2B	$38.3B	$39.7B	$40.7B	$47.1B
Long-term debt	—	$7.78B	$12.3B	$10.7B	$12.2B	$11.3B	$12.2B	$13.4B	$15.3B	$20.7B
Shareholders' equity	$5.44B	$6.02B	$51.6B	$49.1B	$47.3B	$44.0B	$40.0B	$39.7B	$38.1B	$38.2B
Cash flow
Operating cash flow	$2.79B	$3.04B	$3.65B	$6.12B	$7.43B	$9.72B	$8.86B	$9.30B	$9.42B	$10.3B
Capital expenditure	$1.47B	$1.31B	$1.88B	$3.68B	$3.40B	$3.09B	$3.17B	$3.79B	$4.50B	$5.26B
Free cash flow	$1.32B	$1.73B	$1.77B	$2.44B	$4.03B	$6.64B	$5.69B	$5.52B	$4.93B	$5.09B
Dividends paid	$856.0M	$901.0M	$1.17B	$1.89B	$2.03B	$2.19B	$2.34B	$2.48B	$2.65B	$2.81B
Share buybacks	$228.0M	$12.0M	$599.0M	$2.66B	$2.46B	$4.61B	$5.17B	$3.96B	$4.48B	$4.60B

RevenueNet incomeNet margin (right axis, %)

Linde plc quarterly financial statements
	Q3 FY24Sep 2024	Q4 FY24^†Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25^†Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Income statement
Revenue	$8.36B	$8.28B	$8.11B	$8.49B	$8.62B	$8.76B	$8.78B	$9.29B
Growth (year over year)	+2.5%	−0.2%	+0.1%	+2.8%	+3.1%	+5.8%	+8.2%	+9.3%
Gross profit	$4.00B	$3.96B	$3.96B	$4.19B	$4.24B	$4.22B	$4.26B	$4.43B
Gross margin	47.9%	47.8%	48.8%	49.3%	49.2%	48.1%	48.5%	47.7%
Operating income	$2.09B	$2.27B	$2.18B	$2.35B	$2.37B	$2.02B	$2.44B	$2.55B
Operating margin	25.0%	27.4%	26.9%	27.7%	27.5%	23.0%	27.8%	27.5%
Net income	$1.55B	$1.73B	$1.67B	$1.77B	$1.93B	$1.53B	$1.86B	$1.93B
Net margin	18.5%	20.8%	20.6%	20.8%	22.4%	17.5%	21.1%	20.8%
EPS (diluted)	$3.22	$3.61	$3.51	$3.73	$4.09	$3.28	$3.98	$4.15
Balance sheet
Cash and equivalents	$5.19B	$4.85B	$5.29B	$4.79B	$4.51B	$5.06B	$3.96B	$4.90B
Total assets	$82.5B	$80.1B	$82.7B	$86.1B	$86.0B	$86.8B	$86.3B	$88.3B
Total liabilities	$41.9B	$40.7B	$43.2B	$46.1B	$45.9B	$47.1B	$46.2B	$47.7B
Long-term debt	$17.5B	$15.3B	$17.6B	$19.7B	$18.6B	$20.7B	$19.9B	$20.7B
Shareholders' equity	$39.2B	$38.1B	$38.0B	$38.5B	$38.6B	$38.2B	$38.6B	$39.1B
Cash flow
Operating cash flow	$2.73B	$2.81B	$2.16B	$2.21B	$2.95B	$3.03B	$2.24B	$2.27B
Capital expenditure	$1.07B	$1.25B	$1.27B	$1.26B	$1.28B	$1.46B	$1.34B	$1.44B
Free cash flow	$1.67B	$1.56B	$891.0M	$954.0M	$1.67B	$1.57B	$898.0M	$833.0M
Dividends paid	$662.0M	$659.0M	$708.0M	$704.0M	$701.0M	$698.0M	$741.0M	$738.0M
Share buybacks	$667.0M	$1.33B	$1.11B	$1.11B	$989.0M	$1.39B	$807.0M	$871.0M

From Linde plc's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

Linde plc vs the Materials sector and the S&P 500

Linde plc's latest reported figures next to the median of the other 24 S&P 500 Materials companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.

Linde plc compared with the median Materials company and the median S&P 500 company
Measure	Linde plc	Materials (24 other S&P 500 companies)	S&P 500 (502 other companies)
Revenue growth, latest fiscal year	+3.0%	+4.4%	+7.0%
Net margin, latest fiscal year	20.3%	6.7%	12.9%
Dividend per share, latest fiscal year	$6.00	$2.10	$2.40
Share price change, 1 year	+11.5%	+12.2%	+5.6%

Linde plc: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, Linde plc included, are the last regular-session prices of October 19, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 24/496, net margin 24/496, dividend per share 23/349, 1-year price change 24/490; the reasons below can overlap. 12 are left out of the price figure because our archive holds no comparable close for them; dividend medians are among the 23 sector and 349 S&P 500 companies reporting a per-share dividend. The S&P 500 price figure is the middle company's change, not the index's return.

About Linde plc

Linde is a global multinational chemical company and the world's largest industrial gas supplier by market share and revenue. Founded by German scientist and engineer Carl von Linde in 1879 in Wiesbaden, Germany, the company is now headquartered in Woking, United Kingdom, and registered in Ireland as Linde plc. Linde plc was formed in 2018 through the merger of Linde AG and Praxair, which was founded in 1907 in the United States as Linde Air Products Company.

Source: Wikipedia — Linde plc