Linde is a leading industrial gas and engineering company serving customers in more than 100 countries worldwide. It was formed as a result of the business combination of Praxair and Linde AG in October 2018.
The company serves a variety of end markets including manufacturing (31% of total sales), chemicals & energy (21%), metals & glass (15%), healthcare (17%), food and beverage (8%), and electronics (8%).
It has a large geographic presence with the Americas accounting for 38% of total sales, followed by EMEA (25%), APAC (21%), Engineering (10%) and others (6%). Linde is the largest industrial gas company worldwide and its gases are used in a number of applications, ranging from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more.
Its four geographic segments, North & South Americas, Europe and Asia generated nearly 76% of total 2018 revenues, and since the merger, the Linde segment has generated 19% of consolidated sales. The surface technologies segment generated the remaining 5% of sales.
Key Investment Data
- Ticker: nyse:lin
- Sector: Basic Materials
- Industry: Specialty Chemicals
- Market Cap: 222.75B
- Market Cap Group: Mega Cap
- P/E: 36.73
- Dividend Yield: 1.20%
- Grade: B
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 8/10
- Dividend Income Fit: 7/10
Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| LIN | NYSE:LIN | Linde Praxair Inc. | 222.75 | 36.73 | 1.20 | YES | 1 | 1 | 93 |
| SHW | NYSE:SHW | The Sherwin-Williams Company | 86.69 | 36.88 | 0.84 | YES | 1 | 1 | 93 |
| ECL | NYSE:ECL | Ecolab Inc. | 63.80 | 46.66 | 1.02 | YES | 1 | 1 | 93 |
| PPG | NYSE:PPG | PPG Industries, Inc. | 33.11 | 26.29 | 1.85 | YES | 1 | 1 | 93 |
| IFF | NYSE:IFF | International Flavors & Fragrances Inc. | 20.11 | 0.00 | 2.03 | NO | 1 | 1 | 93 |
| ALB | NYSE:ALB | Albemarle Corporation | 18.64 | 8.87 | 1.35 | NO | 1 | 1 | 93 |
| CHE.UN | TSE:CHE.UN | Chemtrade Logistics | 0.93 | 4.97 | 8.34 | NO | 1 | 1 | 93 |
| BOS | TSE:BOS | AirBoss of America | 0.14 | 16.80 | 5.38 | NO | 1 | 1 | 93 |
Linde Praxair Inc. - FAQ
What is the stock ticker for Linde Praxair Inc.?
The stock ticker for Linde Praxair Inc. is NYSE:LIN.
Is Linde Praxair Inc. a good stock to buy?
You need to consider your investment strategy and how NYSE:LIN can fit in your portfolio.
The current dividend income score of 7/10 and dividend growth score of 8/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Linde Praxair Inc. a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 63 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Linde Praxair Inc.?
You can easily buy the LIN stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.