Linde plc

NasdaqGS:LIN Stock Report

Market Cap: US$202.0b

Linde Future Growth

Future criteria checks 2/6

Linde is forecast to grow earnings and revenue by 9.2% and 5.1% per annum respectively. EPS is expected to grow by 11% per annum. Return on equity is forecast to be 21% in 3 years.

Key information

9.2%

Earnings growth rate

11.0%

EPS growth rate

Chemicals earnings growth16.8%
Revenue growth rate5.1%
Future return on equity21.0%
Analyst coverage

Good

Last updated18 Dec 2024

Recent future growth updates

Recent updates

Linde: Dragged Down By Slowdown In Asia And Europe

Nov 03

Linde: Too Pricey, Neutral Rated

Oct 25

Linde: TSMC Phoenix Facility Starting To Contribute Profits

Sep 11

Linde: A Quality Company But Valuation Looks A Little Bloated

Jul 09

Linde: A Deserved Valuation Premium, Margin Growth Persists

May 20

Linde: Maintain Buy, Strong EPS Growth Indicated In FY24 From Pricing, Cost Management

Mar 10

Linde: Robust Financials And A New Hydrogen Plant Make It A Strong Buy

Jan 14

Linde Q3: Stellar Execution Despite Macro Weakness; $15 Billion Of New Buybacks Announced

Oct 30

Linde Should Definitely Be High On Your Watchlist

Oct 07

Linde: Best Of Breed Defensive Growth Plus Hydrogen Upside Make It A Buy

Sep 15

Linde: Double-Digit EPS Growth, Buy Confirmed

Aug 04

Hydrogen Revolution: Linde's Resilience Amid Recession And Inflation

Jul 11

Linde: Another Beat, Another Raise

May 31

Linde: A Stellar Company For The Long Run

Feb 20

Linde Q4 2022 Earnings Preview

Feb 06

Linde: Timeless Excellence, But Unfortunately Not 'Cheap'

Jan 11

Linde: Positive News Ahead

Nov 01

Linde declares $1.17 dividend

Oct 24

Linde: Defensiveness At A Discount

Sep 28

Linde to build green hydrogen plant in Niagara Falls, New York

Sep 08

Linde opens world's first hydrogen refueling system

Aug 24

Linde: The UK Chemicals Stock Is Somewhat Expensive After A Big Rally

Aug 14

Linde Q2 2022 Earnings Preview

Jul 27

Linde to supply high-purity industrial gases to PT Freeport Indonesia

Jul 20

Linde: Strong Execution In This Shaky Macro Environment

Jun 02

Linde - Textbook Case For 'Safe Business Model'

Apr 02

Linde plc: Shares Look To Have Topped Out For Now

Feb 28

Linde: Fairly Valued Chemical Company

Dec 14

Linde's Internationalization And Energy Efficiency Imply A 27% Upside Potential

Sep 23

Linde - Tax Structures Aside, It's Overvalued And A 'Hold'

Aug 03

Earnings and Revenue Growth Forecasts

NasdaqGS:LIN - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202636,9887,9306,72111,43622
12/31/202534,8477,3246,45610,97524
12/31/202433,2306,5365,5529,63624
9/30/202433,0256,3834,9439,341N/A
6/30/202432,8246,3984,8509,130N/A
3/31/202432,7616,3105,3459,351N/A
12/31/202332,8546,1995,5189,305N/A
9/30/202332,4515,9845,1018,673N/A
6/30/202333,0935,6925,4038,789N/A
3/31/202333,3464,4895,4198,772N/A
12/31/202233,3644,1475,6918,864N/A
9/30/202233,7633,8436,92610,002N/A
6/30/202232,6343,5486,8679,922N/A
3/31/202231,7614,0166,6439,616N/A
12/31/202130,7933,8216,6399,725N/A
9/30/202129,7673,5665,6528,926N/A
6/30/202128,9543,2874,9348,254N/A
3/31/202127,7472,9054,8328,191N/A
12/31/202027,2432,4974,0297,429N/A
9/30/202027,0512,2353,7837,171N/A
6/30/202027,1962,2643,5967,156N/A
3/31/202028,0232,3192,7626,404N/A
12/31/201928,2282,1832,5066,188N/A
9/30/201926,9494,5461,8715,365N/A
6/30/201922,9574,2791,4524,367N/A
3/31/201918,7974,2461,7444,145N/A
12/31/201814,8364,2731,8193,702N/A
9/30/201811,9881,4361,7903,185N/A
6/30/201811,9021,394N/A3,108N/A
3/31/201811,6921,320N/A3,019N/A
12/31/201711,3581,247N/A3,041N/A
9/30/201711,1281,620N/A2,931N/A
6/30/201710,9221,540N/A2,925N/A
3/31/201710,7531,533N/A2,930N/A
12/31/201610,5341,500N/A2,789N/A
9/30/201610,4851,516N/A2,838N/A
6/30/201610,4551,578N/A2,726N/A
3/31/201610,5281,487N/A2,740N/A
12/31/201510,7761,547N/A2,695N/A
9/30/201511,1711,427N/A2,676N/A
6/30/201511,6291,503N/A2,713N/A
3/31/201512,0041,662N/A2,840N/A
12/31/201412,2731,694N/A2,887N/A
9/30/201412,2931,866N/A3,060N/A
6/30/201412,1621,834N/A3,251N/A
3/31/201412,0631,812N/A2,981N/A
12/31/201311,9251,755N/A2,917N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LIN's forecast earnings growth (9.2% per year) is above the savings rate (2.6%).

Earnings vs Market: LIN's earnings (9.2% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: LIN's earnings are forecast to grow, but not significantly.

Revenue vs Market: LIN's revenue (5.1% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: LIN's revenue (5.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LIN's Return on Equity is forecast to be high in 3 years time (21%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:54
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Linde plc is covered by 67 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Volker BosseBaader Helvea Equity Research
David MantheyBaird