The Linde Group

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals.

Launch date

1879

Employees

1001-5000 people

Market cap

Enterprise valuation

CAD327.0b (Public information from Sep 2024)

Company register number FC034479

Guildford England (HQ)

https://www.linde.com/

https://twitter.com/the_linde_group https://www.facebook.com/thelindegroupcareers https://www.linkedin.com/company/linde-engineering

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	27.2b	30.8b	33.4b	32.9b	33.5b	35.5b	37.5b
% growth	(3 %)	13 %	8 %	(2 %)	2 %	6 %	6 %
EBITDA	8.1b	9.8b	9.8b	12.3b	12.8b	13.7b	14.7b
% EBITDA margin	30 %	32 %	29 %	37 %	38 %	39 %	39 %
Profit	2.5b	3.8b	4.1b	6.2b	6.7b	7.4b	8.2b
% profit margin	9 %	12 %	12 %	19 %	20 %	21 %	22 %
EV / revenue	5.5x	6.1x	5.2x	6.5x	7.3x	6.9x	6.5x
EV / EBITDA	18.5x	19.1x	17.6x	17.4x	19.1x	17.9x	16.7x
R&D budget	152m	143m	143m	146m	-	-	-
R&D % of revenue	1 %	-	-	-	-	-	-

Date	Investors	Amount	Round
Jun 1992	N/A	N/A	IPO
May 2017	Praxair	N/A	Acquisition
Dec 2023*	Kentucky Public Pensions Authority	$14.5m	Post IPO Equity
Jan 2024*	FM Global	$30.3m	Post IPO Equity
Total Funding		-