Linde (LIN) 주식 개요
린데는 전 세계 산업용 가스 회사로 운영되고 있습니다. 자세히 보기
Last Earnings Call
Q2 2026 · 31 Jul 2026Linde plc reported Q2 2026 sales of $9.29 billion, a 9% year-over-year increase, and adjusted EPS of $4.50, up 10% year-over-year. The results beat the analyst consensus estimates, which stood at approximately $9.02 billion for revenue and $4.49 for EPS.
Management highlighted a record sale-of-gas backlog of $8.1 billion, driven by electronics wins. However, they expressed dissatisfaction with operating margins, which declined 60 basis points to 29.5%, primarily due to cost inflation and headwinds in the U.S. homecare (Lincare) business. Management reiterated full-year 2026 adjusted EPS guidance of $17.70–$17.90.
Market Reaction
Linde shares fell sharply on July 31, 2026, dropping by approximately 5% to 6% (reported figures range from 5.06% to 5.95%). Analysts cited concerns over the reported operating margin compression and persistent headwinds within the U.S. homecare segment as the primary drivers for the negative market response.
LIN Community Fair Values
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Analyst Price Targets
Linde plc 경쟁사
가격 이력 및 성과
| 과거 주가 | |
|---|---|
| 현재 주가 | US$489.98 |
| 52주 최고가 | US$548.20 |
| 52주 최저가 | US$387.78 |
| 베타 | 0.73 |
| 1개월 변동 | -7.51% |
| 3개월 변동 | -2.76% |
| 1년 변동 | 4.17% |
| 3년 변동 | 28.21% |
| 5년 변동 | 57.37% |
| IPO 이후 변동 | 6,072.98% |
최근 뉴스 및 업데이트
Recent updates
Seeking Alpha • Aug 03
Linde: My 'Not Cheap' Thesis Has Been True Since 2023
Summary Linde plc remains a 'Hold' due to excessive valuation, despite its world-class fundamentals and robust profitability. LIN trades at a 27x-30x P/E, requiring unrealistic growth or sector re-rating to justify current levels and deliver meaningful upside. Recent results show strong margins, cash generation, and backlog, but capital allocation—especially buybacks at high multiples—raises concerns. My fair value is $340/share, with a 15% annualized hurdle; current risk/reward is unattractive until a significant valuation correction. Read the full article on Seeking Alpha
내러티브 업데이트 • Jun 24
LIN: Pricing Power And Space Exposure Will Support Fairly Valued Gas Portfolio
Linde’s updated analyst price target edges higher, with a modest fair value increase to about $545 and fresh Street research, including multiple recent target raises toward $600. These changes reflect analysts’ refined views on its long term earnings profile and P/E assumptions.분석 기사 • Jun 17
Linde (LIN) Stock Could Be 4.9% Undervalued As Space Launch Demand Draws Attention
Fresh analyst commentary on Linde (LIN) highlights its role in supplying industrial gases to the growing commercial space launch market, with expectations of a modest positive contribution to annual volume growth. See our latest analysis for Linde. Linde’s recent analyst attention around commercial space launch activity comes on top of strong share price momentum, with a roughly 21% year to date share price return and a 5 year total shareholder return close to 91%, suggesting that interest...내러티브 업데이트 • Jun 06
LIN: Pricing Power And Capital Returns Will Support Fairly Valued Helium And Hydrogen Exposure
Linde's analyst price target has been raised by around $4 to $545, with analysts pointing to updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E as support for the move. Analyst Commentary Recent Street research around Linde has centered on a series of price target revisions and one rating upgrade, giving you a clearer sense of how professionals are thinking about valuation, execution risk, and growth opportunities.내러티브 업데이트 • May 13
LIN: Pricing Power And Capital Returns Will Shape Fairly Valued Helium Exposure
Linde's analyst fair value estimate has moved from $525.49 to $540.61 as analysts factor in updated assumptions around revenue growth, profit margins, and P/E expectations, reflected in a series of recent price target increases from several banks. Analyst Commentary Recent research shows a cluster of higher price targets and one rating upgrade, which together help explain the modest rise in the consolidated fair value estimate for Linde.내러티브 업데이트 • Apr 27
LIN: Pricing Power And Capital Returns Will Guide Fairly Valued Helium Exposure
The analyst price target for Linde has been raised to $525.49 from $516.41, as analysts point to updated assumptions for modestly higher revenue growth and a slightly richer future P/E multiple, even as margin expectations and the discount rate are adjusted. Analyst Commentary Recent research on Linde has been active, with several firms adjusting price targets and ratings in different directions.내러티브 업데이트 • Apr 10
LIN: Pricing Power And Capital Returns Will Shape Helium And Inflation Response
The analyst price target for Linde has been revised higher, with fair value moving from $503.52 to $516.41 as analysts factor in updated views on helium market pressure, pricing power, and the company’s positioning relative to other materials names. Analyst Commentary Recent Street research on Linde shows a mix of optimism and caution, with several firms adjusting price targets and ratings based on views of helium supply, pricing power, and how the company compares with other materials names.내러티브 업데이트 • Jan 23
LIN: Defensive Profile And Buybacks Poised To Support 2026 Rerating
Narrative Update Analysts have lifted their price target for Linde by about $0.31 to $503.52. This reflects updated assumptions around slightly lower revenue growth, a modestly higher discount rate, and a small uptick in expected profit margins and future P/E, in line with recent research citing earnings growth potential and perceived risk/reward.분석 기사 • Jan 23
Linde plc's (NASDAQ:LIN) Popularity With Investors Is Under Threat From Overpricing
Linde plc's ( NASDAQ:LIN ) price-to-earnings (or "P/E") ratio of 29.3x might make it look like a sell right now...내러티브 업데이트 • Jan 09
LIN: Defensive Profile And Buybacks Will Support 2026 Rerating Potential
Analysts have nudged their price target for Linde up from about $502.88 to $503.21, reflecting updated assumptions around revenue growth, profit margins and future P/E. They have also weighed recent research that includes an upgrade to Buy and removal from a top ideas list.분석 기사 • Jan 09
Estimating The Intrinsic Value Of Linde plc (NASDAQ:LIN)
Key Insights The projected fair value for Linde is US$390 based on 2 Stage Free Cash Flow to Equity With US$440 share...내러티브 업데이트 • Dec 14
LIN: Defensive Profile And Buybacks Will Support Shares Into 2026
Linde's analyst price target has been trimmed modestly, falling from about $505.61 to $502.88 as analysts weigh the stock's defensive growth profile, slightly lower fair value multiple assumptions, and a challenging near term macro backdrop against expectations for earnings growth acceleration in 2026. Analyst Commentary Recent research updates present a mixed but generally constructive view on Linde, with analysts balancing its defensive growth profile against persistent macro and volume headwinds across key end markets.내러티브 업데이트 • Nov 26
LIN: Earnings Momentum And Defensive Appeal Will Drive Share Performance Into 2026
Linde's analyst price target saw a slight decrease, dropping from $507 to $500, as analysts revised their outlook based on expectations for future earnings growth acceleration and the company's continued positioning as a defensive growth stock, even with ongoing sector challenges. Analyst Commentary Recent analyst reports reflect a balanced but nuanced outlook for Linde, with both positive and cautious perspectives shaping market sentiment.내러티브 업데이트 • Nov 12
LIN: Earnings Growth Acceleration Projected to Drive Share Price Momentum
Linde's analyst price target has shifted modestly lower from $511 to $505.61. Analysts factor in updated earnings forecasts and expectations for growth catalysts amid a challenging macroeconomic landscape.분석 기사 • Sep 29
With EPS Growth And More, Linde (NASDAQ:LIN) Makes An Interesting Case
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...분석 기사 • Sep 05
Linde (NASDAQ:LIN) Is Experiencing Growth In Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...내러티브 업데이트 • Sep 04
US Clean Energy And Hydrogen Trends Will Define Future Infrastructure
Analysts cite Linde’s resilient operational performance driven by effective pricing, strong project execution, and progress in clean energy initiatives as key positives, resulting in an unchanged consensus price target of $511. Analyst Commentary Continued resilience in the face of global industrial production headwinds, attributed to effective pricing strategies.Seeking Alpha • Mar 30
The Linde Investment Case Is Continuing To Deliver
Summary Linde offers long-term investors a solid 10-12% return potential, backed by a 20% CAGR since 2017 and a 340% total return. The company's stability, geographical diversification, and crucial role in various industries make it a resilient and essential investment. Despite a forward PE ratio of 27, Linde's strong EPS growth, strategic location, and robust supply chain ensure continued profitability and shareholder returns. Risks include increasing long-term debt and geopolitical tensions, but Linde remains a strong buy for conservative portfolios seeking steady growth. Read the full article on Seeking AlphaSeeking Alpha • Feb 28
Linde: Oligopoly Leader, Further Profitability Increase Ahead
Summary Linde plc is the leader in the oligopolistic industrial gases market. The on-site nature of the business and a low distribution radius form a natural moat for companies operating in the industrial gases market. Purchase Accounting effect from the Linde AG / Praxair merger back in 2018 led to Linde reporting artificially low GAAP earnings. Linde's organic growth outlook, coupled with ongoing margin increases and economies of scale, should allow Linde to grow earnings at a rate of at least 8% annually. I would add to my position at around 27x Adjusted EPS, implying an entry price of $420 on FY24 earnings or $445 on FY25 earnings. Read the full article on Seeking AlphaSeeking Alpha • Feb 04
Linde: Looking For A Better Entry Point Despite Highly Attractive Fundamentals
Summary Following the $73 billion merger with Praxair completed at the end of October 2018, Linde is now the world's largest producer of industrial gases. The industrial gas industry is now highly consolidated, with the four largest players accounting for over 80% of worldwide sales. In retrospect, the merger between Linde and Praxair will likely be seen as the last step in the industry's consolidation process. I expect much of Linde's future growth to come from organic opportunities, specifically from the $10.1 billion project backlog. In my view, the inorganic growth vector has been largely exhausted. Linde's free cash flow yield of 2.3% is among the lowest in at least a decade. Even if EPS growth remains strong in the low teens, the valuation creates meaningful downside risks, hence my hold rating. Read the full article on Seeking AlphaSeeking Alpha • Jan 11
Linde Keeps Its Momentum Alive
Summary Linde plc is a potential buy, showing steady growth with a 238% increase over 10 years, despite market fluctuations. The industrial gases market is projected to grow significantly, driven by clean energy, decarbonization, and expanding applications in healthcare and technology. Linde's strong financials, low volatility, and proactive management strategies position it well for future growth, despite risks like increased debt, economic vagaries, and a low dividend yield. Analysts are bullish on LIN, with 19 out of 28 recommending it as a buy or strong buy; we believe it sells at a fair price with positive growth potential. Read the full article on Seeking AlphaSeeking Alpha • Nov 03
Linde: Dragged Down By Slowdown In Asia And Europe
Summary Linde is a growing low-risk business capable of generating 30%+ returns on capital invested. Elevated inflation levels as of late enabled Linde to raise prices and helped boost earnings growth. The economic backdrop is less favourable currently and the stock could re-rate to a lower valuation multiple. Read the full article on Seeking AlphaSeeking Alpha • Oct 25
Linde: Too Pricey, Neutral Rated
Summary Q3 Wall Street analysts' expectations exceed the company's outlook. Any negative surprise might significantly impact Linde's valuation. Linde's investment backlog declined, and the company is also exposed to cyclical sectors. Compared to peers, Linde is expensive on EV/EBITDA and P/E basis. FCF yield is also lower than peers. We are now neutral. Read the full article on Seeking AlphaSeeking Alpha • Sep 11
Linde: TSMC Phoenix Facility Starting To Contribute Profits
Summary I reiterate a ‘Buy’ rating for Linde with a one-year target price of $520 per share, driven by double-digit EPS growth and effective cost management. Linde reported 3% growth in underlying revenue and 6% growth in adjusted operating profits, with strong pricing and productivity despite flattish volume growth. High-quality project backlog, including semiconductor manufacturing facilities and green energy initiatives, positions Linde for near-term business growth and profitability. Despite weak industrial production and growth challenges in China, Linde’s consistent capital allocation and cost pass-through model support sustained earnings growth. Read the full article on Seeking AlphaSeeking Alpha • Jul 09
Linde: A Quality Company But Valuation Looks A Little Bloated
Summary Linde is a high-quality defensive company with strong share price performance in recent years, mostly driven by margin expansion. Revenue growth has been limited and with the rising share prices, valuation is looking bloated. We would like to see organic growth before we re-rate this company. With its current high PE ratios, we initiate with a sell rating. Read the full article on Seeking AlphaSeeking Alpha • May 20
Linde: A Deserved Valuation Premium, Margin Growth Persists
Summary Linde plc is the largest industrial gas company in the world, with strong sales and a wide range of industries it serves. Despite a slightly light Q1 report, Linde's management expects a significant increase in adjusted EPS for FY 2024 with continued strong margins. Analysts project steady EPS growth for Linde over the next few years, though sell side downgrades have come along with a pullback in shares since the end of the first quarter. I highlight key price levels to watch on the chart as the stock nears key support. Read the full article on Seeking AlphaSeeking Alpha • Mar 10
Linde: Maintain Buy, Strong EPS Growth Indicated In FY24 From Pricing, Cost Management
Summary Linde's stock price has surged by over 25% since the presentation of a 'Buy' thesis, with strong revenue and profit growth reported. The company's pricing strategy and cost management initiatives have contributed to margin expansion and strong earnings growth expected in FY24. The projection of 8%-11% adjusted EPS growth, backed by a high-quality project backlog, pricing growth, and share repurchases, further supports the 'Buy' rating. Read the full article on Seeking Alpha
새로운 내러티브 • Feb 19
Strategic Sustainability and Clean Energy Investments Promise Future Growth
Linde's sustainability efforts and renewable energy initiatives signal a commitment to long-term operational efficiency and enhanced brand reputation, potentially boosting net margins.Seeking Alpha • Jan 14
Linde: Robust Financials And A New Hydrogen Plant Make It A Strong Buy
Summary Linde plc operates in the industrial gases and engineering sector, providing essential gases for various industries. Despite a decrease in sales, Linde's Q3 profit margin increased through strategic actions and lowered costs. Linde's investment in a new hydrogen plant showcases their commitment to innovation, sustainability, and economic growth. Read the full article on Seeking Alpha주주 수익률
| LIN | US Chemicals | US 시장 | |
|---|---|---|---|
| 7D | 2.0% | 2.8% | 2.7% |
| 1Y | 4.2% | 9.5% | 20.9% |
수익률 대 산업: LIN은 지난 1년 동안 9.5%의 수익을 기록한 US Chemicals 산업보다 저조한 성과를 냈습니다.
수익률 대 시장: LIN은 지난 1년 동안 20.9%를 기록한 US 시장보다 저조한 성과를 냈습니다.
주가 변동성
| LIN volatility | |
|---|---|
| LIN Average Weekly Movement | 3.1% |
| Chemicals Industry Average Movement | 5.9% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.1% |
안정적인 주가: LIN는 지난 3개월 동안 US 시장에 비해 주가 변동성이 크지 않았습니다.
시간에 따른 변동성: LIN의 주간 변동성(3%)은 지난 1년 동안 안정적이었습니다.
회사 소개
| 설립 | 직원 수 | CEO | 웹사이트 |
|---|---|---|---|
| 1879 | 64,649 | Sanjiv Lamba | www.linde.com |
린데(Linde plc)는 전 세계적으로 산업용 가스 기업으로 활동하고 있습니다. 이 회사는 산소, 질소, 아르곤, 희귀 가스를 포함한 대기 가스와 수소, 헬륨, 이산화탄소, 일산화탄소, 전자 산업용 가스, 특수 가스, 아세틸렌 등의 공정 가스를 공급합니다. 또한 제3자 고객은 물론 자사의 가스 사업(공기 분리, 수소, 합성, 올레핀, 천연가스 플랜트 등)을 위한 턴키 공정 플랜트의 설계 및 건설 사업도 수행하고 있습니다.
Linde plc 기초 지표 요약
| LIN 기초 통계 | |
|---|---|
| 시가총액 | US$225.87b |
| 순이익 (TTM) | US$7.24b |
| 매출 (TTM) | US$35.45b |
31.2x
주가수익비율(P/E)6.4x
주가매출비율(P/S)LIN는 고평가되어 있습니까?
공정 가치 및 평가 분석 보기순이익 및 매출
| LIN 손익계산서 (TTM) | |
|---|---|
| 매출 | US$35.45b |
| 매출원가 | US$18.31b |
| 총이익 | US$17.14b |
| 기타 비용 | US$9.90b |
| 순이익 | US$7.24b |
최근 보고된 실적
Jun 30, 2026
다음 실적 발표일
해당 없음
| 주당순이익(EPS) | 15.71 |
| 총이익률 | 48.35% |
| 순이익률 | 20.44% |
| 부채/자본 비율 | 68.9% |
LIN의 장기 실적은 어땠습니까?
과거 실적 및 비교 보기| Linde 배당 일정 | |
|---|---|
| 배당락일 | Sep 03 2026 |
| 배당 지급일 | Sep 17 2026 |
| 배당락일까지 남은 일수 | 23 days |
| 배당 지급일까지 남은 일수 | 37 days |
LIN는 안정적으로 배당을 지급합니까?
LIN 배당 기록 및 벤치마크 보기기업 분석 및 재무 데이터 상태
| 데이터 | 최종 업데이트 (UTC 시간) |
|---|---|
| 기업 분석 | 2026/08/10 16:59 |
| 종가 | 2026/08/07 00:00 |
| 수익 | 2026/06/30 |
| 연간 수익 | 2025/12/31 |
데이터 소스
당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.
| 패키지 | 데이터 | 기간 | 미국 소스 예시 * |
|---|---|---|---|
| 기업 재무제표 | 10년 |
| |
| 분석가 컨센서스 추정치 | +3년 |
|
|
| 시장 가격 | 30년 |
| |
| 지분 구조 | 10년 |
| |
| 경영진 | 10년 |
| |
| 주요 개발 | 10년 |
|
* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.
별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.
분석 모델 및 스노우플레이크
이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.
Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.
산업 및 섹터 지표
산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.
분석가 소스
Linde plc는 52명의 분석가가 다루고 있습니다. 이 중 24명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
| 분석가 | 기관 |
|---|---|
| William Selesky | Argus Research Company |
| David Manthey | Baird |
| null null | Banco de Sabadell. S.A. |