LINDE PLC (LIN.DE) Stock Fundamental Analysis

FRA:LIN • IE000S9YS762

411.4 EUR
+3.6 (+0.88%)
Last: Feb 18, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

Overall LIN gets a fundamental rating of 5 out of 10. We evaluated LIN against 66 industry peers in the Chemicals industry. While LIN has a great profitability rating, there are some minor concerns on its financial health. While showing a medium growth rate, LIN is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • In the past year LIN was profitable.
  • In the past year LIN had a positive cash flow from operations.
  • Each year in the past 5 years LIN has been profitable.
  • LIN had a positive operating cash flow in each of the past 5 years.
LIN.DE Yearly Net Income VS EBIT VS OCF VS FCFLIN.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

1.2 Ratios

  • The Return On Assets of LIN (7.95%) is better than 81.82% of its industry peers.
  • With an excellent Return On Equity value of 18.04%, LIN belongs to the best of the industry, outperforming 86.36% of the companies in the same industry.
  • The Return On Invested Capital of LIN (9.32%) is better than 78.79% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for LIN is above the industry average of 7.06%.
  • The last Return On Invested Capital (9.32%) for LIN is above the 3 year average (9.32%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 7.95%
ROE 18.04%
ROIC 9.32%
ROA(3y)7.94%
ROA(5y)6.74%
ROE(3y)16.96%
ROE(5y)13.99%
ROIC(3y)9.32%
ROIC(5y)8.25%
LIN.DE Yearly ROA, ROE, ROICLIN.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

1.3 Margins

  • With an excellent Profit Margin value of 20.30%, LIN belongs to the best of the industry, outperforming 96.97% of the companies in the same industry.
  • In the last couple of years the Profit Margin of LIN has grown nicely.
  • With an excellent Operating Margin value of 27.06%, LIN belongs to the best of the industry, outperforming 98.48% of the companies in the same industry.
  • LIN's Operating Margin has improved in the last couple of years.
  • LIN has a Gross Margin of 48.83%. This is in the better half of the industry: LIN outperforms 69.70% of its industry peers.
  • In the last couple of years the Gross Margin of LIN has grown nicely.
Industry RankSector Rank
OM 27.06%
PM (TTM) 20.3%
GM 48.83%
OM growth 3Y12.03%
OM growth 5Y13.41%
PM growth 3Y17.76%
PM growth 5Y17.2%
GM growth 3Y5.4%
GM growth 5Y2.32%
LIN.DE Yearly Profit, Operating, Gross MarginsLIN.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • LIN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, LIN has less shares outstanding
  • The number of shares outstanding for LIN has been reduced compared to 5 years ago.
  • Compared to 1 year ago, LIN has a worse debt to assets ratio.
LIN.DE Yearly Shares OutstandingLIN.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M
LIN.DE Yearly Total Debt VS Total AssetsLIN.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

2.2 Solvency

  • LIN has an Altman-Z score of 3.79. This indicates that LIN is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of LIN (3.79) is better than 77.27% of its industry peers.
  • LIN has a debt to FCF ratio of 5.30. This is a neutral value as LIN would need 5.30 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 5.30, LIN is in the better half of the industry, outperforming 69.70% of the companies in the same industry.
  • A Debt/Equity ratio of 0.66 indicates that LIN is somewhat dependend on debt financing.
  • LIN has a worse Debt to Equity ratio (0.66) than 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.66
Debt/FCF 5.3
Altman-Z 3.79
ROIC/WACC1.07
WACC8.71%
LIN.DE Yearly LT Debt VS Equity VS FCFLIN.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B 50B

2.3 Liquidity

  • A Current Ratio of 0.88 indicates that LIN may have some problems paying its short term obligations.
  • LIN has a Current ratio of 0.88. This is amonst the worse of the industry: LIN underperforms 81.82% of its industry peers.
  • A Quick Ratio of 0.74 indicates that LIN may have some problems paying its short term obligations.
  • LIN has a worse Quick ratio (0.74) than 71.21% of its industry peers.
Industry RankSector Rank
Current Ratio 0.88
Quick Ratio 0.74
LIN.DE Yearly Current Assets VS Current LiabilitesLIN.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • LIN shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.06%.
  • The Earnings Per Share has been growing by 14.83% on average over the past years. This is quite good.
  • Looking at the last year, LIN shows a small growth in Revenue. The Revenue has grown by 2.97% in the last year.
  • LIN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.52% yearly.
EPS 1Y (TTM)6.06%
EPS 3Y10.21%
EPS 5Y14.83%
EPS Q2Q%5.79%
Revenue 1Y (TTM)2.97%
Revenue growth 3Y0.62%
Revenue growth 5Y4.52%
Sales Q2Q%5.82%

3.2 Future

  • Based on estimates for the next years, LIN will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.22% on average per year.
  • Based on estimates for the next years, LIN will show a small growth in Revenue. The Revenue will grow by 5.78% on average per year.
EPS Next Y9.47%
EPS Next 2Y9.63%
EPS Next 3Y10.1%
EPS Next 5Y9.22%
Revenue Next Year5.02%
Revenue Next 2Y5.17%
Revenue Next 3Y5.28%
Revenue Next 5Y5.78%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
LIN.DE Yearly Revenue VS EstimatesLIN.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 10B 20B 30B 40B
LIN.DE Yearly EPS VS EstimatesLIN.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15 20 25

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 29.62, the valuation of LIN can be described as expensive.
  • LIN's Price/Earnings ratio is in line with the industry average.
  • LIN is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.27, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 27.06 indicates a quite expensive valuation of LIN.
  • LIN's Price/Forward Earnings is on the same level as the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 28.16. LIN is around the same levels.
Industry RankSector Rank
PE 29.62
Fwd PE 27.06
LIN.DE Price Earnings VS Forward Price EarningsLIN.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 65.15% of the companies in the same industry are cheaper than LIN, based on the Enterprise Value to EBITDA ratio.
  • LIN's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 44.71
EV/EBITDA 18.9
LIN.DE Per share dataLIN.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LIN does not grow enough to justify the current Price/Earnings ratio.
  • The excellent profitability rating of LIN may justify a higher PE ratio.
PEG (NY)3.13
PEG (5Y)2
EPS Next 2Y9.63%
EPS Next 3Y10.1%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 1.27%, LIN has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 2.13, LIN has a dividend in line with its industry peers.
  • Compared to the average S&P500 Dividend Yield of 1.85, LIN is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.27%

5.2 History

  • The dividend of LIN is nicely growing with an annual growth rate of 9.29%!
Dividend Growth(5Y)9.29%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 40.75% of the earnings are spent on dividend by LIN. This is a bit on the high side, but may be sustainable.
  • The dividend of LIN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP40.75%
EPS Next 2Y9.63%
EPS Next 3Y10.1%
LIN.DE Yearly Income VS Free CF VS DividendLIN.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B
LIN.DE Dividend Payout.LIN.DE Dividend Payout, showing the Payout Ratio.LIN.DE Dividend Payout.PayoutRetained Earnings

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LINDE PLC

FRA:LIN (2/18/2026, 7:00:00 PM)

411.4

+3.6 (+0.88%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)02-05
Earnings (Next)04-29
Inst Owners87.59%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap192.10B
Revenue(TTM)33.99B
Net Income(TTM)6.90B
Analysts80.65
Price Target434.22 (5.55%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.27%
Yearly Dividend5.04
Dividend Growth(5Y)9.29%
DP40.75%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-0.33%
Min EPS beat(2)-0.43%
Max EPS beat(2)-0.22%
EPS beat(4)1
Avg EPS beat(4)-0.15%
Min EPS beat(4)-0.43%
Max EPS beat(4)0.43%
EPS beat(8)5
Avg EPS beat(8)0.19%
EPS beat(12)9
Avg EPS beat(12)1.15%
EPS beat(16)13
Avg EPS beat(16)2.12%
Revenue beat(2)1
Avg Revenue beat(2)-0.26%
Min Revenue beat(2)-0.91%
Max Revenue beat(2)0.39%
Revenue beat(4)2
Avg Revenue beat(4)-0.59%
Min Revenue beat(4)-2.54%
Max Revenue beat(4)0.7%
Revenue beat(8)2
Avg Revenue beat(8)-1.42%
Revenue beat(12)3
Avg Revenue beat(12)-1.95%
Revenue beat(16)6
Avg Revenue beat(16)-1.55%
PT rev (1m)-0.23%
PT rev (3m)-3.98%
EPS NQ rev (1m)0.28%
EPS NQ rev (3m)0.13%
EPS NY rev (1m)0.04%
EPS NY rev (3m)-0.89%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)0.02%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-0.14%
Valuation
Industry RankSector Rank
PE 29.62
Fwd PE 27.06
P/S 6.7
P/FCF 44.71
P/OCF 21.99
P/B 5.95
P/tB N/A
EV/EBITDA 18.9
EPS(TTM)13.89
EY3.38%
EPS(NY)15.2
Fwd EY3.7%
FCF(TTM)9.2
FCFY2.24%
OCF(TTM)18.71
OCFY4.55%
SpS61.45
BVpS69.15
TBVpS-2.81
PEG (NY)3.13
PEG (5Y)2
Graham Number147
Profitability
Industry RankSector Rank
ROA 7.95%
ROE 18.04%
ROCE 12.84%
ROIC 9.32%
ROICexc 9.98%
ROICexgc 22.68%
OM 27.06%
PM (TTM) 20.3%
GM 48.83%
FCFM 14.97%
ROA(3y)7.94%
ROA(5y)6.74%
ROE(3y)16.96%
ROE(5y)13.99%
ROIC(3y)9.32%
ROIC(5y)8.25%
ROICexc(3y)9.99%
ROICexc(5y)8.83%
ROICexgc(3y)23.7%
ROICexgc(5y)21.63%
ROCE(3y)12.88%
ROCE(5y)11.32%
ROICexgc growth 3Y2.66%
ROICexgc growth 5Y17.24%
ROICexc growth 3Y7.63%
ROICexc growth 5Y19.5%
OM growth 3Y12.03%
OM growth 5Y13.41%
PM growth 3Y17.76%
PM growth 5Y17.2%
GM growth 3Y5.4%
GM growth 5Y2.32%
F-Score5
Asset Turnover0.39
Health
Industry RankSector Rank
Debt/Equity 0.66
Debt/FCF 5.3
Debt/EBITDA 1.94
Cap/Depr 139.81%
Cap/Sales 15.48%
Interest Coverage 250
Cash Conversion 79.87%
Profit Quality 73.78%
Current Ratio 0.88
Quick Ratio 0.74
Altman-Z 3.79
F-Score5
WACC8.71%
ROIC/WACC1.07
Cap/Depr(3y)119.34%
Cap/Depr(5y)100.02%
Cap/Sales(3y)13.54%
Cap/Sales(5y)12.03%
Profit Quality(3y)79.27%
Profit Quality(5y)109.72%
High Growth Momentum
Growth
EPS 1Y (TTM)6.06%
EPS 3Y10.21%
EPS 5Y14.83%
EPS Q2Q%5.79%
EPS Next Y9.47%
EPS Next 2Y9.63%
EPS Next 3Y10.1%
EPS Next 5Y9.22%
Revenue 1Y (TTM)2.97%
Revenue growth 3Y0.62%
Revenue growth 5Y4.52%
Sales Q2Q%5.82%
Revenue Next Year5.02%
Revenue Next 2Y5.17%
Revenue Next 3Y5.28%
Revenue Next 5Y5.78%
EBIT growth 1Y4.74%
EBIT growth 3Y12.73%
EBIT growth 5Y18.54%
EBIT Next Year39.95%
EBIT Next 3Y17.27%
EBIT Next 5Y13.18%
FCF growth 1Y3.31%
FCF growth 3Y-3.66%
FCF growth 5Y4.78%
OCF growth 1Y9.84%
OCF growth 3Y5.3%
OCF growth 5Y6.86%

LINDE PLC / LIN.DE FAQ

What is the fundamental rating for LIN stock?

ChartMill assigns a fundamental rating of 5 / 10 to LIN.DE.


What is the valuation status of LINDE PLC (LIN.DE) stock?

ChartMill assigns a valuation rating of 2 / 10 to LINDE PLC (LIN.DE). This can be considered as Overvalued.


How profitable is LINDE PLC (LIN.DE) stock?

LINDE PLC (LIN.DE) has a profitability rating of 9 / 10.


What are the PE and PB ratios of LINDE PLC (LIN.DE) stock?

The Price/Earnings (PE) ratio for LINDE PLC (LIN.DE) is 29.62 and the Price/Book (PB) ratio is 5.95.


How sustainable is the dividend of LINDE PLC (LIN.DE) stock?

The dividend rating of LINDE PLC (LIN.DE) is 3 / 10 and the dividend payout ratio is 40.75%.