Linde plc (LIN) has a MoatMap StockRank of 66/100 based on Quality (64/100), Value (26/100), and Momentum (59/100) factor scores. The current signal is BUY. Linde plc is an exemplary 'Durable Quality & Moats' business, offering an asymmetric opportunity in the current macro environment. As the world grapples with inflation, supply chain instability, and energy security concerns, Linde's role as a leading provider of essential industrial gases (e.g., oxygen, nitrogen, hydrogen) with deeply embedded infrastructure and long-term customer contracts ensures high switching costs and robust pricing power. Its asset-light operational model generates consistently high ROIC, making it a superior compounder that can thrive irrespective of cycles, a quality often overlooked by a market focused on short-term tactical plays or cheap cyclicals.
Linde plc is the world's largest industrial gases and engineering company, providing atmospheric and process gases, as well as related equipment and services, to a diverse range of industries. The company operates extensive global infrastructure, including production plants and pipelines, and benefits from long-term supply contracts. Linde's scale, technological leadership, and essential product offerings create a formidable competitive moat.
| Price | $517.58 |
| Market Cap | $239.3B |
| P/E (TTM) | 33.56 |
| P/E (Forward) | 25.68 |
| Price/Book | 6.14 |
| Return on Equity | 18.2% |
| Return on Invested Capital | 13.1% |
| Debt/Equity | 65.64 |
| Gross Margin | 48.8% |
| Operating Margin | 28.5% |
| Revenue Growth | 8.2% |
| Dividend Yield | 1.3% |
| Free Cash Flow | $4.7B |
Linde plc operates in the Specialty Chemicals industry, part of the Basic Materials sector (United Kingdom).