Linde

LIN

Market cap $237B

The ProShares S&P 500 Dividend Aristocrat ETF (NOBL) is up 9.39% YTD in 2026, decisively outperforming SPY's 1.08%. Dividend Aristocrats are regaining momentum after a weak 2025, with 55 outpacing SPY and 39 posting double-digit gains this year already. Dividend growth is lagging, with 2026's average increase currently at 3.22%, below last year's trend and potentially signaling headwinds.

WOKING, England--(BUSINESS WIRE)--Linde plc (Nasdaq: LIN) today announced its Board of Directors has declared a 7% increase in the company's quarterly dividend to $1.60 per share. This marks the 33rd consecutive year of quarterly dividend increases on the company's common stock. The dividend is payable on March 26, 2026, to shareholders of record on March 11, 2026. About Linde Linde is a leading global industrial gases and engineering company with 2025 sales of $34 billion. We live our mission.

Industrial stocks delivered steady growth in 2025 while tech volatility rattled portfolios.

Linde plc (LIN) Q4 2025 Earnings Call Transcript

Linde delivered Q4 earnings that beat analyst estimates, with revenues up 5.8% and adjusted net income rising 4%. LIN's 2026 guidance aligns with consensus, projecting $17.40–$17.90 EPS and modest currency tailwinds. I maintain a 'Hold' rating and lower the price target to $510.90, citing limited upside after missing the December entry point.

LIN tops Q4 EPS and revenue estimates as higher Americas pricing and volumes lift results, with segment profits rising across regions.

The headline numbers for Linde (LIN) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Linde (LIN) came out with quarterly earnings of $4.2 per share, beating the Zacks Consensus Estimate of $4.18 per share. This compares to earnings of $3.97 per share a year ago.

WOKING, England--(BUSINESS WIRE)--Linde plc (Nasdaq: LIN) today reported fourth-quarter 2025 net income of $1,530 million and diluted earnings per share of $3.26, down 11% and 9%, respectively. Excluding Linde AG purchase accounting impacts and restructuring charge impacts, adjusted net income was $1,968 million, up 4% versus prior year. Adjusted earnings per share was $4.20, 6% above prior year. Linde's sales for the fourth quarter were $8,764 million, up 6% versus prior year. Compared to prio.

LIN's Q4 earnings are expected to have been affected by softer industrial activity across Europe.