Linde plc
LIN stock analysis · Materials · Industrial Gases
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗Price × SEC outstanding shares. Shares measured 2026-06-30. Approximate; share and price dates can differ.
View share-count filing ↗DCF value
Equity cash-flow scenario · SEC outstanding shares at 2026-06-30 · -67.7% versus input cap
How this is calculated ↗Reverse DCF
Annual basis · read assumptions below
How this is calculated ↗Relative valuation
18 sector peers · median 28.5×
How this is calculated ↗Historical multiples
4 annual observations · snapshot P/E 34.7× · 3.8% versus history
How this is calculated ↗Free cash flow yield
Annual basis · read assumptions below
How this is calculated ↗ROIC / quality
Normalized tax · financing-capital proxy
How this is calculated ↗Value composite
Annual basis · read assumptions below
How this is calculated ↗12–1 price momentum
Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
Annual basis · read assumptions below
How this is calculated ↗Accrual quality
Annual basis · read assumptions below
How this is calculated ↗Fundamental momentum
Annual basis · read assumptions below
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | $210.31 | $229.47 | $250.07 |
| 10.0% | $154.11 | $167.67 | $182.23 |
| 12.0% | $121.58 | $131.93 | $143.02 |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2025-12-31 | 34B | 7.1B | 10.4B | 5.3B | 86.8B |
| 2024-12-31 | 33B | 6.7B | 9.4B | 4.5B | 80.1B |
| 2023-12-31 | 32.9B | 6.3B | 9.3B | 3.8B | 80.8B |
| 2022-12-31 | 33.4B | 4.3B | 8.9B | 3.2B | 79.7B |
| 2021-12-31 | 30.8B | 4B | 9.7B | 3.1B | 81.6B |
| 2020-12-31 | 27.2B | 2.6B | 7.4B | 3.4B | 88.2B |
| 2019-12-31 | 28.2B | 2.4B | 6.1B | 3.7B | 86.6B |
| 2018-12-31 | 14.8B | 4.4B | 3.7B | 1.9B | 93.4B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 34B | RevenueFromContractWithCustomerExcludingAssessedTax | 2026-02-25 |
| netIncome | 7.1B | ProfitLoss Explicit consolidated amount, including the portion attributable to noncontrolling interests. | 2026-02-25 |
| Parent/common earnings proxy | 6.9B | NetIncomeLoss | 2026-02-25 |
| cfo | 10.4B | NetCashProvidedByUsedInOperatingActivities | 2026-02-25 |
| capex | 5.3B | PaymentsToAcquirePropertyPlantAndEquipment | 2026-02-25 |
| operatingIncome | 8.9B | OperatingIncomeLoss | 2026-02-25 |
| assets | 86.8B | Assets | 2026-02-25 |
| equity | 39.7B | StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest Explicit consolidated amount, including the portion attributable to noncontrolling interests. | 2026-02-25 |
| Parent book equity proxy | 38.2B | StockholdersEquity | 2026-02-25 |
| debt | 22.5B | LongTermDebt | 2026-02-25 |
| shortDebt | 4.5B | ShortTermBorrowings | 2026-02-25 |
| cash | 5.1B | CashAndCashEquivalentsAtCarryingValue | 2026-02-25 |
| shares | 472.2M | WeightedAverageNumberOfDilutedSharesOutstanding | 2026-02-25 |
| dividends | 2.8B | PaymentsOfDividendsCommonStock | 2026-02-25 |
| buybacks | 4.6B | PaymentsForRepurchaseOfCommonStock | 2026-02-25 |
| issuance | 23M | ProceedsFromIssuanceOfCommonStock | 2026-02-25 |