LIN
Linde plcPrevious close
514.24
Change
+11.09 / +2.20%
P/E (TTM) ?
32.0
Market Cap
$239B
1M
+8.34%
S&P 500 −0.91% over same period
Volume / Avg Volume
3.1M / 1.9M
1.65× average
Latest earnings analysisFY2026 Q2Reported 2026-07-31
Linde Q2 FY2026: record $9.29 billion sales, adjusted EPS $4.50
Linde's second-quarter fiscal 2026 was solid rather than spectacular: sales rose 9% to $9.29 billion and adjusted EPS climbed 10% to $4.50, but that adjusted figure landed slightly under the $4.5288 consensus estimate. Read the quarter as a volume-and-price story with a margin catch: adjusted operating margin held at 29.5%, yet operating margin fell 60 basis points as cost inflation ate into pricing and productivity gains.
Read the full analysis →Revenue$9.29B
EPS (non-GAAP)$4.50Missest. $4.53
Next-day move+0.43%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-31 | $9.3B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-05-01 | $8.8B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-05 | $34.0B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-31 | $8.6B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-08-01 | $8.5B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-05-01 | $8.1B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 18 of its 5-year rangeCheap
5-year range 29.4 – 36.3 · Median 33.8
Last 4 quarters: $4.0B in buybacks + $2.9B in dividends, 2.91% of market cap combined
P/E (TTM)
32.0
P/B
5.9
P/S
6.5
Dividend Yield
1.23%
Earnings Reaction
Over the last 6 reports, the stock moved ±1.7% on average on the first trading day after, rising 3 times
Most recent +0.43%
Volatility & Correlation
1-year beta 0.03 · Correlation with S&P 500 0.02Low beta
Annualized volatility 19% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 1 · $0.05MSell 0 · $0.00MNet buying $0.05M
- 08-18Reynolds Paula RosputDirectorBuy$0.05M100 shares · Avg price 479.12
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 9.40 | +9.2% | — | 1.69 | 3.66 |
| FY2026 Q2 | 9.29 | +9.3% | — | 1.93 | 4.15 |
| FY2026 Q1 | 8.78 | +8.2% | — | 1.86 | 3.98 |
| FY2025 Q4 | 8.76 | +5.8% | — | 1.53 | 3.28 |
| FY2025 Q3 | 8.62 | +3.1% | — | 1.93 | 4.09 |
| FY2025 Q2 | 8.50 | +2.8% | — | 1.77 | 3.73 |
| FY2025 Q1 | 8.11 | +0.1% | — | 1.67 | 3.51 |
| FY2024 Q4 | 8.28 | −0.2% | — | 1.73 | 3.61 |
| FY2024 Q3 | 8.36 | +2.5% | — | 1.55 | 3.22 |
| FY2024 Q2 | 8.27 | +0.8% | — | 1.66 | 3.44 |
| FY2024 Q1 | 8.10 | −1.1% | — | 1.63 | 3.35 |
| FY2023 Q4 | 8.30 | +5.1% | — | 1.54 | 3.15 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| LIN | 32.0 | +9.2% | — | +8.34% | Bullish |
| NEM | 12.5 | +15.2% | — | −7.57% | Bullish |
| FCX | 30.5 | −8.1% | 30.0% | −10.76% | Bullish |
| ECL | 41.0 | +12.7% | 44.1% | +10.34% | Bullish |
| SHW | 29.9 | +7.9% | 47.8% | +2.89% | Bullish |
| APD | — | +4.6% | 32.8% | +13.73% | Neutral |
| NUE | 17.1 | +23.0% | 19.6% | +17.16% | Bullish |
| CRH | 15.6 | +3.0% | 38.8% | +9.67% | Bullish |
| MLM | 15.5 | +21.0% | 25.4% | +12.63% | Neutral |