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Linde plc: Business Overview, Financials & Competitive Analysis

Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The company reported 2025 sales of $34 billion. It serves a range of industries comprising healthcare, chemicals and en...

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Linde plc OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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8/ 10Strong

Cyborg Score thesis

Analysts forecast continued growth for 2026, with revenue expected to rise 4.4% and earnings per share (EPS) anticipated to...

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Industry Industrial Gases and Engineering
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: June 22, 2026
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Linde plc Overview

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Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The company reported 2025 sales of $34 billion. It serves a range of industries comprising healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics.

Strategic Profile

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Linde is a high-quality compounder with excellent long-term growth prospects and a dominant position in industrial gases. The company is the global market leader in industrial gases ahead of its French competitor Air Liquide. The company returned $7.4 billion to shareholders in 2025 through dividends and buybacks.

Competitive Landscape

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Linde is the global market leader in industrial gases ahead of its French competitor Air Liquide. Air Liquide, Smart Sand, Liberty Energy, ProPetro Holding, and Tetra Technologies are some of the 7 competitors of Linde. The industrial gases market is concentrated, with Linde commanding a significant competitive advantage through its global scale, integrated product portfolio, and engineering capabilities.

Industry Context

Linde plc operates in Industrial Gases and Engineering.

Key facts

Founded: 1879 · Headquarters: Woking, UK · Revenue: $34.0B · Market cap: $223B

What the analysts stress-tested

The top findings that survived the multi-agent debate for Linde plc.

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Air LiquideLeading industrial gases company→Smart SandIndustrial sand supplier→Liberty EnergyPressure pumping services→

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Industry context

Linde plc operates in Industrial Gases and Engineering. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Linde plc do?+
Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The company reported 2025 sales of $34 billion. It serves a range of industries comprising healthcare, chemicals and en...
What is Linde plc's Cyborg Score?+
Linde plc has a Cyborg Score of 8/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Linde plc's main competitors?+
Named competitors include Air Liquide, Smart Sand, Liberty Energy. The full competitive landscape is in the AskCyborg report.
How can I get the full Linde plc research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Linde plc research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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