Linde
LIN · NASDAQ · Basic Materials
$460.40
+$1.93 (+0.42%) today
Market Cap
$212.24B
24h Volume
$2.1B
P/E Ratio
29.7
52w High
$544.85
52w Low
$385.58
Est. AI Revenue
8%
7-Day Sparkline (Static)
Company facts
Performance
About Linde
Linde is the world's largest industrial gas company. It produces oxygen, nitrogen, argon, hydrogen, and specialty gases, selling them through long-term on-site plants, merchant delivery, and packaged cylinders to customers across healthcare, manufacturing, chemicals, and electronics. Gas is a consumable, so revenue is recurring and tied to customer production volumes.
Its electronics business supplies semiconductor fabs with ultra-high-purity nitrogen and specialty process gases, often building dedicated on-site plants next to new fabs under contracts that run for decades. Linde Engineering designs and builds gas production facilities for customers as well.
The company traces its roots to 1879 and took its current form through the merger of Linde AG and Praxair in 2018. Headquartered in Woking, United Kingdom, it employs roughly 64,600 people and trades on the NASDAQ.
Linde in the AI buildout
Linde spans the Raw Materials and Chip Equipment layers of the AI buildout. Every leading-edge fab runs on a constant feed of ultra-high-purity nitrogen, argon, and specialty gases, and supply is typically locked in for the life of the fab when it is built. As AI demand pulls new fab construction across the US and Asia, Linde keeps winning long-lived on-site contracts. The exposure is durable, but it sits inside a very diversified industrial gas portfolio.
LIN is tracked in Raw Materials & Mining and Chip Equipment & Foundries, rated Peripheral on the AI Exposure leaderboard.
By the numbers
52-week range
LIN trades at $460.40, 47% of the way up its 52-week range of $385.58 to $544.85.
Market cap
Market capitalization is $212.24B, with an AI Exposure Score of 20 out of 100.
Valuation vs peers
Its P/E ratio of 29.7 is in line with the Raw Materials & Mining category median of 29.7.
Next earnings
Linde is next expected to report earnings on October 30, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Linde do?
Linde is the world's largest industrial gas company. It supplies oxygen, nitrogen, argon, hydrogen, and specialty gases to healthcare, manufacturing, chemical, and electronics customers through on-site plants, bulk delivery, and packaged cylinders, plus engineering services for gas facilities.
How is Linde exposed to AI?
Through semiconductor fabs. New AI-era fabs need ultra-high-purity gases under long-term on-site contracts, and Linde has won several of these projects. Electronics remains a modest slice of its business, so Supercycle rates it Peripheral with an AI Exposure Score of 20 out of 100.
Is LIN a pure play AI stock?
No. Linde is a diversified industrial gas company whose earnings depend on industrial production, healthcare demand, and pricing discipline across many end markets. Fab gas contracts tied to AI chipmaking are a growing but minority contributor.
Who leads Linde?
Sanjiv Lamba is Linde's CEO. The company is headquartered in Woking, United Kingdom, employs roughly 64,600 people worldwide, and traces its history back to 1879, when Carl von Linde founded the original German company.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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