LIN Stock Overview
Linde plc operates as an industrial gas and engineering company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$318.77|
|52 Week High||US$352.18|
|52 Week Low||US$267.51|
|1 Month Change||0.078%|
|3 Month Change||4.92%|
|1 Year Change||6.97%|
|3 Year Change||70.22%|
|5 Year Change||145.26%|
|Change since IPO||3,916.00%|
Recent News & Updates
Linde (NYSE:LIN) May Have Issues Allocating Its Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
|LIN||US Chemicals||US Market|
Return vs Industry: LIN exceeded the US Chemicals industry which returned -6.4% over the past year.
Return vs Market: LIN exceeded the US Market which returned -10.8% over the past year.
|LIN Average Weekly Movement||5.0%|
|Chemicals Industry Average Movement||7.1%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: LIN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: LIN's weekly volatility (5%) has been stable over the past year.
About the Company
Linde plc operates as an industrial gas and engineering company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. The company also designs and constructs turnkey process plants for third-party customers, as well as for the gas businesses in various locations, such as olefin, natural gas, air separation, hydrogen, and synthesis gas plants.
Linde Fundamentals Summary
|LIN fundamental statistics|
Is LIN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LIN income statement (TTM)|
|Cost of Revenue||US$18.29b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||8.01|
|Net Profit Margin||12.64%|
How did LIN perform over the long term?See historical performance and comparison
1.5%Current Dividend Yield
Does LIN pay a reliable dividends?See LIN dividend history and benchmarks
|Linde dividend dates|
|Ex Dividend Date||Jun 02 2022|
|Dividend Pay Date||Jun 17 2022|
|Days until Ex dividend||14 days|
|Days until Dividend pay date||29 days|
Does LIN pay a reliable dividends?See LIN dividend history and benchmarks
Is Linde undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LIN ($318.77) is trading above our estimate of fair value ($283.77)
Significantly Below Fair Value: LIN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LIN is poor value based on its PE Ratio (39.8x) compared to the US Chemicals industry average (16.9x).
PE vs Market: LIN is poor value based on its PE Ratio (39.8x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: LIN is poor value based on its PEG Ratio (3.6x)
Price to Book Ratio
PB vs Industry: LIN is overvalued based on its PB Ratio (3.7x) compared to the US Chemicals industry average (2.1x).
How is Linde forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LIN's forecast earnings growth (11.2% per year) is above the savings rate (1.9%).
Earnings vs Market: LIN's earnings (11.2% per year) are forecast to grow slower than the US market (12.5% per year).
High Growth Earnings: LIN's earnings are forecast to grow, but not significantly.
Revenue vs Market: LIN's revenue (4.9% per year) is forecast to grow slower than the US market (7.9% per year).
High Growth Revenue: LIN's revenue (4.9% 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 low in 3 years time (17.3%).
How has Linde performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LIN has high quality earnings.
Growing Profit Margin: LIN's current net profit margins (12.6%) are higher than last year (10.5%).
Past Earnings Growth Analysis
Earnings Trend: LIN's earnings have grown by 15.7% per year over the past 5 years.
Accelerating Growth: LIN's earnings growth over the past year (38.2%) exceeds its 5-year average (15.7% per year).
Earnings vs Industry: LIN earnings growth over the past year (38.2%) exceeded the Chemicals industry 32.3%.
Return on Equity
High ROE: LIN's Return on Equity (9.3%) is considered low.
How is Linde's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LIN's short term assets ($12.3B) do not cover its short term liabilities ($14.5B).
Long Term Liabilities: LIN's short term assets ($12.3B) do not cover its long term liabilities ($23.9B).
Debt to Equity History and Analysis
Debt Level: LIN's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: LIN's debt to equity ratio has reduced from 156.7% to 37.1% over the past 5 years.
Debt Coverage: LIN's debt is well covered by operating cash flow (58.4%).
Interest Coverage: LIN's interest payments on its debt are well covered by EBIT (48.6x coverage).
What is Linde current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: LIN's dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: LIN's dividend (1.47%) is low compared to the top 25% of dividend payers in the US market (4.06%).
Stability and Growth of Payments
Stable Dividend: LIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: LIN's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.6%), LIN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.3%), LIN's dividend payments are well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sanjiv Lamba (57 yo)
Mr. Sanjiv Lamba serves as Chief Executive Officer and Director of Linde plc since March 01, 2022 and served as its Chief Operating Officer since January 1, 2021 until March 01, 2022. He was Executive Vice...
CEO Compensation Analysis
Compensation vs Market: Sanjiv's total compensation ($USD12.84M) is about average for companies of similar size in the US market ($USD13.27M).
Compensation vs Earnings: Sanjiv's compensation has increased by more than 20% in the past year.
Experienced Management: LIN's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: LIN's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LIN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Linde plc's employee growth, exchange listings and data sources
- Name: Linde plc
- Ticker: LIN
- Exchange: NYSE
- Founded: 1879
- Industry: Industrial Gases
- Sector: Materials
- Implied Market Cap: US$155.229b
- Shares outstanding: 501.65m
- Website: https://www.linde.com
Number of Employees
- Linde plc
- 43 Church Street West
- GU21 6HT
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/17 00:00|
|End of Day Share Price||2022/05/17 00:00|
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.