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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
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Company details
Market cap
$230B
P/E ratio
35×
Div yield
1.2%
EPS (TTM)
$15.07
EBIT margin
30%
Rev. growth
+4%
Revenue
$34B
Free cash flow
$5.1B
In plain English
Linde is the world's largest industrial-gases company — it separates air into oxygen, nitrogen and argon, makes hydrogen and helium, and pipes them straight into the factories, chip fabs, refineries, steel mills and hospitals that can't run without them. Formed by the 2018 merger of Germany's Linde AG and America's Praxair, it locks customers into 15-year on-site supply contracts that throw off steady, inflation-protected cash.
In simple terms
What Linde really sells
Linde is the world's largest industrial-gases company — it separates air into oxygen, nitrogen and argon, makes hydrogen and helium, and pipes them straight into the factories, chip fabs, refineries, steel mills and hospitals that can't run without them. Formed by the 2018 merger of Germany's Linde AG and America's Praxair, it locks customers into 15-year on-site supply contracts that throw off steady, inflation-protected cash.
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