Basic MaterialsSpecialty ChemicalsUnited Kingdom

LIN.US · Linde plc

NMS · US · USD

Latest price506.89 USD

30D-3.74%

Vs. base value+220%

Research summary

LIN.US latest organized financial period shows revenue grew +2.97% YoY and net income grew +5.07% YoY. Current price is about 507 USD, while the model base case is about 159 USD; the current price sits +220% versus the base case. This summary is intended for public-information research and model review.

Key financial trend

Annual financial metrics with switchable views. · Unit: USD

10 records

Revenue34B USD

Net income7B USD

Free cash flow5B USD

Operating cash flow10B USD

Revenue

Total revenue recognized in each fiscal year.

Price trend

Price date: 2026/04/28 · Updated: 2026/04/29 07:22

Adjusted close trend. Current price sample covers: 2026/03/09 - 2026/04/28.

Valuation model range

Hover each model row to inspect formulas and inputs.

Current price506.89 USD

Base value158.53 USD

Vs. base+220%

Price date2026/04/28

158.53 USD158.53 USD158.92 USD

+220%

Calculated

DCF

Free cash flow, growth, discount rate, and terminal growth form an intrinsic value range.

135.60 USD126.75 USD158.92 USD

+300%

126.75 USDCurrent price is 299.9% above the base model value.

FormulaValue/share = PV(FCF/share for 10 years) + PV(terminal value)Inputs used

Result: 126.75 USD
Current price: 506.89 USD
Estimated shares: 472,142,368
Discount rate: 9%
Bear value: 135.60 USD
Base value: 126.75 USD
Bull value: 158.92 USD
Base FCF/share：10.78
Base growth：-2.0%
WACC：9.0%
Terminal growth：3.0%

Calculated

Owner Earnings

Uses recent net income as an owner-earnings proxy and discounts scenario growth.

269.56 USD359.90 USD422.56 USD

+40.84%

359.90 USDCurrent price is 40.8% above the base model value.

FormulaValue/share = PV(owner earnings/share) + PV(terminal value)Inputs used

Result: 359.90 USD
Current price: 506.89 USD
Estimated shares: 472,142,368
Discount rate: 9%
Bear value: 269.56 USD
Base value: 359.90 USD
Bull value: 422.56 USD
Average net income over the last 3 years proxies owner earnings
Base growth：8.4%
WACC：9.0%

Calculated

Reverse DCF

Solves the forward FCF growth rate implied by the current price.

Implied growth16.2%

Current price implies roughly 16.2% annualized FCF growth.

16.2%Current price implies roughly 16.2% annualized FCF growth.

FormulaSolve growth where DCF value/share = current priceInputs used

Result: 16.2%
Current price: 506.89 USD
Estimated shares: 472,142,368
Discount rate: 9%
Base FCF/share：10.78
WACC：9.0%
Terminal growth：3.0%

Calculated

Earnings Power Value

Estimates earnings power value without assuming growth.

158.53 USD158.53 USD158.53 USD

+220%

158.53 USDCurrent price is 219.7% above the base model value.

FormulaEPV/share = normalized NOPAT / WACC / sharesInputs used

Result: 158.53 USD
Current price: 506.89 USD
Estimated shares: 472,142,368
Discount rate: 9%
Base value: 158.53 USD
Average operating income over the last 3 years
Effective tax rate is estimated at 21%
WACC：9.0%

Updated: 2026/04/29 07:22

Ad placement

Quarterly and annual financial table

Financial DetailsShowing latest 5 / 10

Period	Type	Revenue	Net Income	Free Cash Flow	Diluted EPS
2025/12/30	Annual	34B USD	7B USD	5B USD	14.61
2024/12/30	Annual	33B USD	7B USD	5B USD	13.62
2023/12/30	Annual	33B USD	6B USD	6B USD	12.59
2022/12/30	Annual	33B USD	4B USD	6B USD	8.23
2021/12/30	Annual	31B USD	4B USD	7B USD	7.33

Ad placement

LIN.US · Linde plc

Research summary

Key financial trend

Price trend

Valuation model range

DCF

Owner Earnings

Reverse DCF

Earnings Power Value

Quarterly and annual financial table

Related stocks