Linde plc (LIN) valuation
Linde P/E ratio history
Linde trades at 34.1 times its earnings over the last twelve months and 26.9 times the earnings analysts expect over the next twelve. At its last 8 fiscal year ends its P/E ranged from 11.9 (year to Dec 2018) to 56.0 (year to Dec 2020), with a median of 36.1.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $426.39 | $14.61 | 29.2 | 24.4 |
| Dec 31, 2024 | $418.67 | $13.62 | 30.7 | 25.2 |
| Dec 31, 2023 | $410.71 | $12.59 | 32.6 | 27.3 |
| Dec 31, 2022 | $326.18 | $8.23 | 39.6 | 26.6 |
| Dec 31, 2021 | $346.43 | $7.33 | 47.3 | 30.5 |
| Dec 31, 2020 | $263.51 | $4.71 | 56.0 | — |
| Dec 31, 2019 | $212.90 | $4.19 | 50.8 | — |
| Dec 31, 2018 | $156.04 | $13.11 | 11.9 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Linde valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| LindeLIN | $237B | 34.1 | 26.9 | 6.5 |
| AmgenAMGN | $252B | 29.0 | 19.6 | 6.6 |
| CrowdStrike HoldingsCRWD | $255B | — | 174.7 | 47.3 |
| Arm HoldingsARM | $219B | 210.2 | 84.4 | 42.5 |
| NetflixNFLX | $262B | 17.9 | 16.7 | 5.4 |
| Gilead SciencesGILD | $212B | — | 35.9 | 6.8 |
| KLAKLAC | $206B | 39.6 | 26.2 | 14.2 |
| Texas InstrumentsTXN | $275B | 39.0 | 27.6 | 13.2 |
| ShopifySHOP | $204B | 105.7 | 72.1 | 15.4 |
| Peer median | 39.3 | 31.7 | 13.7 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: LIN financials · LIN returns
No forecast, no recommendation. This page describes Linde plc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.