Linde is a leading global industrial gases and engineering company with 2020 sales of $27 billion (€24 billion). The company lives its mission of making its world more productive every day by providing high-quality solutions, technologies and services which are making the customers more successful and helping to sustain and protect the planet.The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.
Company profile
Ticker
LIN
Exchange
Website
CEO
Stephen Angel
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
ZAMALIGHT PLC
SEC CIK
Corporate docs
Subsidiaries
10 Riverview Drive LLC • African Oxygen (PTY) LTD • AFRICAN WELDING COMPANY (Pty) Ltd • AFROX - África Oxigénio, Limitada • AFROX (LESOTHO) (PTY) LTD • AFROX (PROPRIETARY) LIMITED • AFROX AFRICAN INVESTMENTS (PTY) LIMITED • AFROX ESWATINI (PROPRIETARY) LIMITED • AFROX GAS & ENGINEERING SUPPLIES (BOTSWANA) (PTY) LIMITED • AFROX INTERNATIONAL LIMITED ...
LIN stock data
Analyst ratings and price targets
Latest filings (excl ownership)
SD
Conflict minerals disclosure
26 May 23
S-3ASR
Automatic shelf registration
3 May 23
ARS
2022 FY
Annual report to shareholders
1 May 23
DEFA14A
Additional proxy soliciting materials
1 May 23
DEF 14A
Definitive proxy
1 May 23
8-K
Departure of Directors or Certain Officers
28 Apr 23
10-Q
2023 Q1
Quarterly report
27 Apr 23
8-K
Linde Reports First-Quarter 2023 Results
27 Apr 23
PRE 14A
Preliminary proxy
17 Apr 23
25-NSE
Exchange delisting
2 Mar 23
Transcripts
LIN
Earnings call transcript
2023 Q1
27 Apr 23
LIN
Earnings call transcript
2022 Q4
7 Feb 23
LIN
Earnings call transcript
2022 Q3
27 Oct 22
LIN
Earnings call transcript
2022 Q2
28 Jul 22
LIN
Earnings call transcript
2022 Q1
28 Apr 22
LIN
Earnings call transcript
2021 Q4
10 Feb 22
LIN
Earnings call transcript
2021 Q3
28 Oct 21
LIN
Earnings call transcript
2021 Q2
30 Jul 21
LIN
Earnings call transcript
2021 Q1
6 May 21
LIN
Earnings call transcript
2020 Q4
5 Feb 21
Latest ownership filings
4
Kelcey E Hoyt
19 May 23
4
David P Strauss
17 May 23
4
Kelcey E Hoyt
17 May 23
144/A
Notice of proposed sale of securities (amended)
15 May 23
144
Notice of proposed sale of securities
15 May 23
4
STEPHEN F ANGEL
3 May 23
4
Guillermo Bichara
3 May 23
144
Notice of proposed sale of securities
1 May 23
144
Notice of proposed sale of securities
1 May 23
4/A
Josef Kaeser
20 Apr 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 4.96 bn | 4.96 bn | 4.96 bn | 4.96 bn | 4.96 bn | 4.96 bn |
| Cash burn (monthly) | 158.00 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 349.43 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 4.61 bn | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 29.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
0.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 71 |
| Opened positions | 7 |
| Closed positions | 1396 |
| Increased positions | 19 |
| Reduced positions | 23 |
| 13F shares | Current |
|---|---|
| Total value | 509.45 bn |
| Total shares | 2.88 mm |
| Total puts | 51.50 k |
| Total calls | 15.00 k |
| Total put/call ratio | 3.4 |
| Largest owners | Shares | Value |
|---|---|---|
| Ako Capital | 945.22 k | $335.97 mm |
| Mitsubishi UFJ Kokusai Asset Management | 411.59 k | $146.30 bn |
| Carmignac Gestion | 291.42 k | $103.58 bn |
| Mn Services Vermogensbeheer B.V. | 255.66 k | $90.87 mm |
| Scopus Asset Management | 179.14 k | $63.67 bn |
| Border to Coast Pensions Partnership | 120.95 k | $42.99 mm |
| Baader Bank | 110.31 k | $39.21 bn |
| Fullerton Fund Management | 98.55 k | $35.03 bn |
| King Luther Capital Management | 79.90 k | $28.40 bn |
| Connors Investor Services | 44.70 k | $15.89 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 May 23 | Kelcey E Hoyt | Ordinary Shares | Payment of exercise | Dispose F | No | No | 367.57 | 6,686 | 2.46 mm | 15,548.107 |
| 15 May 23 | Kelcey E Hoyt | Ordinary Shares | Option exercise | Acquire M | No | No | 118.71 | 10,500 | 1.25 mm | 22,234.107 |
| 15 May 23 | Kelcey E Hoyt | Ordinary Shares | Payment of exercise | Dispose F | No | No | 367.6 | 5,735 | 2.11 mm | 11,734.107 |
| 15 May 23 | Kelcey E Hoyt | Ordinary Shares | Option exercise | Acquire M | No | No | 102.22 | 9,360 | 956.78 k | 17,469.107 |
| 15 May 23 | Kelcey E Hoyt | Stock Option Ordinary Shares | Option exercise | Dispose M | No | No | 118.71 | 10,500 | 1.25 mm | 0 |
| 15 May 23 | Kelcey E Hoyt | Stock Option Ordinary Shares | Option exercise | Dispose M | No | No | 102.22 | 9,360 | 956.78 k | 0 |
| 15 May 23 | David P Strauss | Ordinary Shares | Sell | Dispose S | No | No | 370.77 | 6 | 2.22 k | 23,939.147 |
| 15 May 23 | David P Strauss | Ordinary Shares | Sell | Dispose S | No | No | 371.02 | 2,188 | 811.79 k | 23,945.147 |
| 15 May 23 | David P Strauss | Ordinary Shares | Payment of exercise | Dispose F | No | No | 371.23 | 4,411 | 1.64 mm | 26,133.147 |
| 15 May 23 | David P Strauss | Ordinary Shares | Option exercise | Acquire M | No | No | 118.71 | 6,605 | 784.08 k | 30,544.147 |
News
$100 Invested In Linde 10 Years Ago Would Be Worth This Much Today
25 May 23
Berenberg Maintains Buy on Linde, Raises Price Target to $415
12 May 23
If You Invested $1000 In This Stock 15 Years Ago, You Would Have $3,900 Today
9 May 23
Where Linde Stands With Analysts
8 May 23
HSBC Maintains Buy on Linde, Raises Price Target to $416
8 May 23
Press releases
Great Lakes Clean Hydrogen Hub Coalition Submits Application for DOE Funding
2 May 23
Linde plc: Linde Reports First-Quarter 2023 Results (Earnings Release Tables Attached)
27 Apr 23
Linde Declares Dividend in Second Quarter 2023
26 Apr 23
Dow selects Linde as clean hydrogen and nitrogen partner for its proposed net-zero carbon emissions ethylene and derivatives complex in Canada
25 Apr 23
Linde Declares Dividend in Second Quarter 2023
24 Apr 23