Fundamental analysis · SEC EDGAR · TTM through 30/06/2026
LIN · Nasdaq · Materials
Fundamental quality
83
out of 100
Linde Plc earns a fundamental-quality score of 83 out of 100, profiling it as a company with solid fundamentals. Its score rests mainly on its profitability (net margin 20.4%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Linde is the world's largest industrial-gases company: the oxygen in hospitals, the nitrogen in chip fabs and the hydrogen in refineries, delivered by pipeline or truck under decades-long contracts. A near-oligopoly with the best execution in global industry.
EPS growth: 24.2% · Revenue growth: 4.9%
Net margin: 20.4% · ROE: 18.5% · ROIC: 11.7%
Net debt/EBITDA: 1.75x · FCF: 14%
Source: SEC EDGAR · TTM through 30/06/2026
The score includes +4 for dividend strength: 33 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.
The score combines growth, profitability and financial strength, and here its pillars hold up evenly.
Percentile against the other 27 Materials companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 27,243 | 2,501 | 4,029 | 12,400 |
| 2021 | 30,793 | 3,826 | 6,639 | 11,384 |
| 2022 | 33,364 | 4,147 | 5,691 | 12,478 |
| 2023 | 32,854 | 6,199 | 5,518 | 14,709 |
| 2024 | 33,005 | 6,565 | 4,926 | 16,773 |
| 2025 | 33,986 | 6,898 | 5,089 | 21,933 |
Between 2020 and 2025, revenue went from $27,243M to $33,986M (+25%) and net income went from $2,501M to $6,898M (+176%). Meanwhile, its margins have widened (from 9% to 20%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
$6
per share, yearly
40.8% of earnings
Payout
33 straight years raising it
Growth
The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →
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Is Linde Plc cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Linde Plc a good company to invest in?
In terms of business quality, Linde Plc scores 83 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Linde Plc a profitable company?
Very. Linde Plc shows a net margin of 20.4% and an ROE of 18.5%, typical of a highly profitable business.
Does Linde Plc have a lot of debt?
A moderate level: its net debt is 1.75 times its EBITDA.
Is Linde Plc growing?
Its revenue has grown 4.9% annualized in recent years and its earnings per share 24.2%.
Does Linde Plc generate cash?
Yes. It converts about 14% of its revenue into free cash flow, and has done so positively year after year.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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Corteva (CTVA) · Reliance (RS) · Andersons (ANDE) · Mosaic (MOS) · Southern Copper Corp/ (SCCO) · Alcoa (AA) · see more →
Who's behind the methodology and model · how the score is computed
Data: see Linde Plc's filings on EDGAR
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