Woking, United Kingdom-based Linde plc (LIN) is a global industrial gases and engineering company and the world’s largest industrial gas company. With a market cap of $225.9 billion, the company produces and distributes essential gases such as oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide and specialty gases, while also designing and building plants and equipment used to produce and process industrial gases.
Linde has struggled to keep pace with the broader market over the past year, climbing 4.2% compared to the S&P 500 Index ($SPX) 21.3% surge. However, the picture has brightened considerably in 2026, with the stock climbing 15.5% YTD and outperforming the S&P 500’s 13.3% advance.