Reported Earnings • May 05
First quarter 2026 earnings released: EPS: US$4.00 (vs US$3.54 in 1Q 2025) First quarter 2026 results: EPS: US$4.00 (up from US$3.54 in 1Q 2025). Revenue: US$8.78b (up 8.2% from 1Q 2025). Net income: US$1.86b (up 11% from 1Q 2025). Profit margin: 21% (in line with 1Q 2025). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Chemicals industry in Italy. Announcement • May 02
Linde plc, Annual General Meeting, Jul 28, 2026 Linde plc, Annual General Meeting, Jul 28, 2026. Location: the corinthia hotel, whitehall place, westminster, london, sw1a2bd, united kingdom, United Kingdom Declared Dividend • Apr 30
Dividend of US$1.60 announced Shareholders will receive a dividend of US$1.60. Ex-date: 3rd June 2026 Payment date: 18th June 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (41% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 28
Linde plc Declares Dividend in Second Quarter of 2026, Payable on June 18, 2026 Linde plc announced its Board of Directors has declared a quarterly dividend of $1.60 per share. The dividend is payable on June 18, 2026, to shareholders of record on June 4, 2026. Announcement • Apr 07
Linde plc to Report Q1, 2026 Results on May 01, 2026 Linde plc announced that they will report Q1, 2026 results at 6:00 AM, US Eastern Standard Time on May 01, 2026 Buy Or Sell Opportunity • Mar 20
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to €425. The fair value is estimated to be €352, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 8.8% per annum over the same time period. Recent Insider Transactions • Mar 13
COO & EVP recently sold €1.7m worth of stock On the 10th of March, Sean Durbin sold around 4k shares on-market at roughly €410 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Sean has been a net seller over the last 12 months, reducing personal holdings by €3.6m. Announcement • Feb 25
Linde plc Increases Quarterly Dividend on Common Stock, Payable on March 26, 2026 Linde plc on February 24, 2026 announced its Board of Directors has declared a 7% increase in the company's quarterly dividend to $1.60 per share. This marks the 33rd consecutive year of quarterly dividend increases on the company’s common stock. The dividend is payable on March 26, 2026, to shareholders of record on March 11, 2026. Buy Or Sell Opportunity • Feb 15
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to €407. The fair value is estimated to be €336, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period. Reported Earnings • Feb 06
Full year 2025 earnings released: EPS: US$14.69 (vs US$13.71 in FY 2024) Full year 2025 results: EPS: US$14.69 (up from US$13.71 in FY 2024). Revenue: US$34.0b (up 3.0% from FY 2024). Net income: US$6.90b (up 5.1% from FY 2024). Profit margin: 20% (in line with FY 2024). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Chemicals industry in Italy. Board Change • Feb 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Independent Director Paula G. Reynolds was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 09
Linde plc to Report Q4, 2025 Results on Feb 05, 2026 Linde plc announced that they will report Q4, 2025 results at 12:00 PM, Central European Standard Time on Feb 05, 2026 Upcoming Dividend • Nov 25
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 02 December 2025. Payment date: 17 December 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Italian dividend payers (4.9%). Lower than average of industry peers (2.9%). Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: US$4.12 (vs US$3.25 in 3Q 2024) Third quarter 2025 results: EPS: US$4.12 (up from US$3.25 in 3Q 2024). Revenue: US$8.62b (up 3.1% from 3Q 2024). Net income: US$1.93b (up 25% from 3Q 2024). Profit margin: 22% (up from 19% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Chemicals industry in Italy. Buy Or Sell Opportunity • Oct 30
Now 21% overvalued Over the last 90 days, the stock has fallen 5.5% to €375. The fair value is estimated to be €311, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. Announcement • Oct 28
Linde plc Declares Dividend in Fourth Quarter 2025, Payable on December 17, 2025 Linde plc announced its Board of Directors has declared a quarterly dividend of $1.50 per share. The dividend is payable on December 17, 2025 to shareholders of record on December 3, 2025. Announcement • Oct 06
Linde plc to Report Q3, 2025 Results on Oct 31, 2025 Linde plc announced that they will report Q3, 2025 results at 6:00 AM, US Eastern Standard Time on Oct 31, 2025 Announcement • Sep 30
Linde Announces Management Changes Linde announced that its Board of Directors has appointed Sanjiv Lamba, currently serving as Chief Executive Officer, to the additional role of Chairman of the Board, effective January 31, 2026. Lamba will succeed Steve Angel, who plans to retire from Linde's Board effective January 31, 2026. Angel will retire from Linde after 25 years of distinguished service, having served as Chairman since 2022, Chief Executive Officer from 2018 to 2022, and Chairman and Chief Executive Officer of Praxair Inc., Linde's predecessor company, from 2007 to 2018. In conjunction with these Board-level changes, Linde is appointing Sean Durbin as Chief Operating Officer effective October 1, 2025, to accelerate growth initiatives and continue driving operational excellence. Durbin has been with Linde for more than 30 years, holding various senior leadership positions in the US and Europe, including most recently as Executive Vice President of Linde North America since September 2023. Upcoming Dividend • Aug 27
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 03 September 2025. Payment date: 18 September 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Italian dividend payers (5.0%). Lower than average of industry peers (2.9%). Reported Earnings • Aug 03
Second quarter 2025 earnings released: EPS: US$3.75 (vs US$3.47 in 2Q 2024) Second quarter 2025 results: EPS: US$3.75 (up from US$3.47 in 2Q 2024). Revenue: US$8.50b (up 2.8% from 2Q 2024). Net income: US$1.77b (up 6.2% from 2Q 2024). Profit margin: 21% (in line with 2Q 2024). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Chemicals industry in Italy. Announcement • Jul 29
Linde plc Declares Dividend for the Third Quarter of 2025, Payable on September 18, 2025 Linde plc announced its Board of Directors has declared a quarterly dividend of $1.50 per share. The dividend is payable on September 18, 2025 to shareholders of record on September 4, 2025. Announcement • Jul 07
Linde plc to Report Q2, 2025 Results on Aug 01, 2025 Linde plc announced that they will report Q2, 2025 results at 6:00 AM, Eastern Daylight on Aug 01, 2025 Recent Insider Transactions • May 28
Insider recently sold €1.9m worth of stock On the 22nd of May, Sean Durbin sold around 5k shares on-market at roughly €404 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €11m more than they bought in the last 12 months. Upcoming Dividend • May 27
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 03 June 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Italian dividend payers (5.4%). Lower than average of industry peers (2.5%). Reported Earnings • May 02
First quarter 2025 earnings released: EPS: US$3.54 (vs US$3.38 in 1Q 2024) First quarter 2025 results: EPS: US$3.54 (up from US$3.38 in 1Q 2024). Revenue: US$8.11b (flat on 1Q 2024). Net income: US$1.67b (up 2.8% from 1Q 2024). Profit margin: 21% (in line with 1Q 2024). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Chemicals industry in Italy. Announcement • May 01
Linde plc, Annual General Meeting, Jul 29, 2025 Linde plc, Annual General Meeting, Jul 29, 2025. Location: the corinthia hotel, whitehall place, westminster, london, sw1a 2bd., United Kingdom Announcement • Apr 29
Linde plc Declares Quarterly Dividend in Second Quarter 2025, Payable on June 18, 2025 Linde plc announced its Board of Directors has declared in Second Quarter 2025 a quarterly dividend of $1.50 per share. The dividend is payable on June 18, 2025 to shareholders of record on June 4, 2025. Buy Or Sell Opportunity • Apr 08
Now 21% overvalued Over the last 90 days, the stock has fallen 3.8% to €392. The fair value is estimated to be €324, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 25%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 8.7% per annum over the same time period. Announcement • Apr 03
Linde plc to Report Q1, 2025 Results on May 01, 2025 Linde plc announced that they will report Q1, 2025 results at 6:00 AM, Eastern Daylight on May 01, 2025 Announcement • Feb 26
Linde plc Declares Quarterly Dividend, Payable on March 27, 2025 Linde plc announced its Board of Directors has declared an 8% increase in the company’s quarterly dividend to $1.50 per share. This marks the 32nd consecutive year of quarterly dividend increases on the company’s common stock. The dividend is payable on March 27, 2025, to shareholders of record on March 13, 2025. Recent Insider Transactions • Feb 13
Lead Independent Director recently sold €1.3m worth of stock On the 10th of February, Robert Wood sold around 3k shares on-market at roughly €443 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.9m. Insiders have been net sellers, collectively disposing of €8.3m more than they bought in the last 12 months. Reported Earnings • Feb 07
Full year 2024 earnings released: EPS: US$13.71 (vs US$12.70 in FY 2023) Full year 2024 results: EPS: US$13.71 (up from US$12.70 in FY 2023). Revenue: US$33.0b (flat on FY 2023). Net income: US$6.57b (up 5.9% from FY 2023). Profit margin: 20% (up from 19% in FY 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Chemicals industry in Italy. Announcement • Feb 07
Linde plc Provides Earnings Guidance for the First Quarter and Full Year of 2025 Linde plc provided earnings guidance for the first quarter and full year of 2025. The company is initiating full year EPS guidance of $16.15 to $16.55, representing 4% to 7% growth or 8% to 11% when excluding an estimated 4% currency headwind.
First quarter EPS guidance range is $3.85 to $3.95, with similar assumptions to the full year. Buy Or Sell Opportunity • Jan 15
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €416. The fair value is estimated to be €345, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period. Announcement • Jan 09
Linde plc to Report Q4, 2024 Results on Feb 06, 2025 Linde plc announced that they will report Q4, 2024 results at 6:00 AM, US Eastern Standard Time on Feb 06, 2025 Recent Insider Transactions • Dec 07
Executive VP & Chief Legal Officer recently sold €1.9m worth of stock On the 4th of December, Guillermo Bichara sold around 4k shares on-market at roughly €438 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €4.2m. Insiders have been net sellers, collectively disposing of €6.2m more than they bought in the last 12 months. Board Change • Nov 04
High number of new directors Independent Director Paula G. Reynolds was the last director to join the board, commencing their role in 2024.