Linde plc is a global company operating in the Basic Materials sector, within the Industrial Gases industry. Formed through the merger of Linde AG and Praxair, the company is one of the largest producers and distributors of industrial gases worldwide.
Linde supplies essential gases such as oxygen, nitrogen, hydrogen, and specialty gases that serve industries including healthcare, energy, chemicals, manufacturing, and electronics.
Its core activities include:
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Production and distribution of industrial gases.
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On-site gas supply solutions for large industrial clients.
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Engineering and plant construction services.
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Hydrogen and decarbonization projects.
The company operates through an extensive network of production plants, pipelines, distribution systems, and long-term customer contracts. Its business model emphasizes operational efficiency, recurring supply agreements, and integration with customer facilities.
Linde maintains a global presence across North America, Europe, Asia, and other strategic regions.
Performance is influenced by industrial production cycles, demand from sectors such as semiconductors and healthcare, energy-transition policies, and capital investment trends.
Linde plc shares trade on the New York Stock Exchange (NYSE) under the ticker LIN.
History and Development
Linde plc traces its origins to two historic industrial-gas companies. Linde AG was founded in the late 19th century in Germany, while Praxair developed in the United States during the early 20th century.
Both companies built expertise in air separation, cryogenic technologies, and large-scale industrial gas production, expanding globally over decades.
The merger of the two organizations created a larger, more diversified industrial-gas leader with expanded geographic reach and operational scale.
In recent years, Linde has focused on hydrogen infrastructure, carbon capture, and sustainable industrial solutions, aligning with global decarbonization trends.
Today, Linde is recognized as a leading global supplier of industrial gases and engineering services, supported by long-term contracts and diversified end markets.
Additional Information
Linde PLC (United States) is listed on the NYSE and has a market capitalization of $234.52 Billions, with shareholders equity totaling $39.74 Billions.
The company employs approximately 72.327 people and operates in the Basic Materials sector, within the Chemicals Manufacturing industry.
Over the past 12 months, Linde PLC reported $33.99 Billions in revenue, generating net income of $6.90 Billions.
Key financial metrics include a P/E ratio of 34.00, a price-to-book (P/B) ratio of 5.90, and a trailing twelve-month dividend yield of 1.21%.
The company trades under the ticker LIN.