Also trades as: LIN.DE (XETRA) · $vol 6M · LIN.SW (SIX)

$508.65

+1.09 (+0.21%)

After Hours: $503.20 (-5.45, -1.07%)

Weekly Expected Move ±2.0%

$488 $499 $509 $519 $529

NASDAQ · Basic Materials · Chemicals - Specialty · Tech Score Strong Buy · Power 78 · $234.0B mcap · 459M float · 0.463% daily turnover · Short 53% of daily vol

Credit Risk of going bust: lower than 92% of companies Debt: 10.7% of company value Bonds: $100.9M held by 56 funds, 65 bp over Treasuries → details ▾

If the stock fell to about $3.53 (down 99.3%), Linde plc would be worth roughly what it owes.
Total debt $28.01B against a stock market value of $233.98B.
Distance to default 15.12 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $17.67B (short-term plus half of long-term), stock volatility 19.0%; Altman Z'' 2.13. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest Supply Chain

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$34.0B +3.0% ▲

5Y CAGR: +4.5%

Gross Profit

$14.7B +21.9% ▲

5Y CAGR: +15.3%

Operating Income

$8.9B +4.0% ▲

5Y CAGR: +18.1%

Net Income

$6.9B +5.1% ▲

5Y CAGR: +22.5%

EPS (Diluted)

$14.59 +7.1% ▲

5Y CAGR: +25.4%

EBITDA

$12.9B +0.2% ▲

5Y CAGR: +9.8%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$30.8B	$33.4B	$32.9B	$33.0B	$34.0B
YoY Growth	+13.0%	+8.3%	-1.5%	+0.5%	+3.0%
Cost of Revenue	$22.2B	$23.7B	$21.3B	$20.9B	$19.3B
Gross Profit	$8.6B	$9.7B	$11.5B	$12.1B	$14.7B
Gross Margin	28.0%	29.1%	35.1%	36.6%	43.3%
R&D Expenses	$143M	$143M	$146M	$150M	$147M
SG&A Expenses	$3.2B	$3.1B	$3.3B	$3.3B	$3.4B
Operating Expenses	$3.3B	$3.2B	$3.4B	$3.5B	$5.8B
Operating Income	$5.3B	$6.5B	$8.1B	$8.6B	$8.9B
Operating Margin	17.2%	19.4%	24.7%	26.0%	26.3%
Interest Expense	$159M	$192M	$488M	$572M	$212M
Income Before Tax	$5.2B	$5.7B	$8.2B	$8.7B	$9.0B
Tax Expense	$1.3B	$1.4B	$1.8B	$2.0B	$2.0B
Net Income	$3.8B	$4.1B	$6.2B	$6.6B	$6.9B
Net Margin	12.4%	12.4%	18.9%	19.9%	20.3%
EPS (Diluted)	$7.33	$8.23	$12.59	$13.62	$14.59
EBITDA	$9.9B	$9.9B	$12.3B	$12.9B	$12.9B
Shares Outstanding	522M	504M	492M	482M	469M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$8.4B	$8.3B	$8.1B	$8.5B	$8.6B	$8.8B	$8.8B	$9.3B
Cost of Revenue	$5.3B	$5.2B	$5.1B	$4.3B	$5.3B	$4.5B	$5.5B	$5.8B
Gross Profit	$3.0B	$3.0B	$3.0B	$4.2B	$3.3B	$4.2B	$3.3B	$3.5B
Gross Margin	36.4%	36.8%	37.5%	49.3%	38.0%	48.1%	37.7%	37.3%
R&D Expenses	$37M	$39M	$38M	$38M	$36M	$35M	$38M	$37M
SG&A Expenses	$823M	$814M	$786M	$870M	$897M	$880M	$893M	$891M
Operating Expenses	$860M	$853M	$824M	$1.8B	$933M	$2.2B	$931M	$928M
Operating Income	$2.2B	$2.2B	$2.2B	$2.4B	$2.3B	$2.0B	$2.4B	$2.5B
Operating Margin	26.1%	26.5%	27.4%	27.7%	27.2%	23.0%	27.1%	27.3%
Interest Expense	$0	$232M	$0	$67M	$81M	$64M	$62M	$61M
Income Before Tax	$2.1B	$2.3B	$2.2B	$2.3B	$2.4B	$2.0B	$2.5B	$2.6B
Tax Expense	$498M	$533M	$511M	$540M	$424M	$481M	$571M	$610M
Net Income	$1.6B	$1.7B	$1.7B	$1.8B	$1.9B	$1.6B	$1.9B	$1.9B
Net Margin	18.5%	20.8%	20.6%	20.8%	22.4%	17.9%	21.1%	20.8%
EPS (Diluted)	$3.22	$3.60	$3.51	$3.73	$4.09	$3.26	$3.98	$4.15
EBITDA	$3.0B	$3.4B	$3.1B	$3.4B	$3.4B	$3.0B	$3.3B	$3.5B
Shares Outstanding	481M	479M	476M	474M	472M	469M	466M	465M

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