Wall Street analyst estimates for Linde plc (LIN): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Linde plc functions as a global industrial gas and engineering powerhouse, extending its operations throughout North and South America, Europe, the Middle East, Africa, and the Asia Pacific. The company's comprehensive product line features atmospheric gases like oxygen, nitrogen, argon, and various rare gases, alongside a diverse array of process gases such as carbon dioxide, helium, hydrogen, specialized electronic gases, and acetylene.
Consensus price target
$556.90 (+8 % vs price $514.24)
between $525.00 and $580.00 · 11 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $36.4B | $35.7B – $36.9B | $17.91 | 16 |
| 2027E | $38.1B | $36.8B – $39.3B | $19.56 | 10 |
| 2028E | $40.3B | $38.6B – $41.4B | $21.55 | 9 |
Figures in USD · consensus as of November 2, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 26 |
| Hold | 3 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 29 |
| Avg rating (−2 sell to +2 buy) | 0.90 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-02-04 | $4.50 | ||
| 2026-10-29 | $4.59 | $4.52 | +1.5% |
| 2026-07-31 | $4.50 | $4.49 | +0.2% |
| 2026-05-01 | $4.33 | $4.27 | +1.4% |
| 2026-02-05 | $4.20 | $4.18 | +0.5% |
| 2025-10-31 | $4.21 | $4.18 | +0.7% |
| 2025-08-01 | $4.09 | $4.03 | +1.5% |
| 2025-05-01 | $3.95 | $3.92 | +0.8% |
Valuation Ratios
| P/E Ratio | 34.17 |
| Price / Book | 6.01 |
| Dividend Yield | 1.23% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.53B | $11.44B | $14.84B | $28.23B | $27.24B | $30.79B | $33.36B | $32.85B | $33.01B | $33.99B |
| Cost of Revenue | $6.98B | $7.64B | $10.85B | $21.32B | $20.01B | $22.18B | $23.65B | $21.31B | $20.92B | $21.15B |
| Gross Profit | $3.55B | $3.79B | $3.99B | $6.91B | $7.23B | $8.62B | $9.71B | $11.55B | $12.08B | $12.83B |
| Research & Development | $92.0M | $93.0M | $113.0M | $184.0M | $152.0M | $143.0M | $143.0M | $146.0M | $150.0M | $147.0M |
| Selling, General & Admin | $1.15B | $1.21B | $1.63B | $3.46B | $3.19B | $3.19B | $3.11B | $3.29B | $3.34B | $3.43B |
| Operating Expenses | $1.24B | $1.30B | $1.74B | $3.64B | $3.35B | $3.33B | $3.25B | $3.44B | $3.49B | $3.58B |
| Operating Income | $2.31B | $2.49B | $2.24B | $3.27B | $3.89B | $5.28B | $6.46B | $8.11B | $8.60B | $9.25B |
| EBITDA | $3.44B | $3.68B | $4.07B | $7.94B | $8.52B | $9.92B | $10.66B | $11.92B | $12.38B | $13.02B |
| Interest Expense | $208.0M | $282.0M | $238.0M | $499.0M | $114.0M | $159.0M | $192.0M | $488.0M | $572.0M | $464.0M |
| Pre-tax Income | $2.09B | $2.33B | $5.11B | $3.04B | $3.47B | $5.22B | $5.71B | $8.15B | $8.74B | $9.05B |
| Income Tax | $551.0M | $1.03B | $817.0M | $769.0M | $847.0M | $1.26B | $1.43B | $1.81B | $2.00B | $1.99B |
| Net Income | $1.50B | $1.25B | $4.38B | $2.29B | $2.50B | $3.83B | $4.15B | $6.20B | $6.57B | $6.90B |
| EPS | $5.25 | $4.36 | $13.26 | $4.22 | $4.75 | $7.40 | $8.30 | $12.70 | $13.71 | $14.67 |
| EPS (Diluted) | $5.21 | $4.32 | $13.11 | $4.19 | $4.71 | $7.33 | $8.23 | $12.59 | $13.62 | $14.59 |
| Shares Outstanding (Diluted) | 287.8 M | 289.1 M | 334.1 M | 545.2 M | 531.2 M | 521.9 M | 504.0 M | 492.3 M | 482.1 M | 468.7 M |
Price
| Price | $514.24 (closing price, October 30, 2026) |
| Market Cap | $236.1B |
| Exchange | NASDAQ |
| Country | GB |
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Explore sector: Basic Materials · Chemicals - Specialty
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