Woking, the United Kingdom-based Linde plc (LIN) operates as an industrial gas and engineering company. Valued at $217.2 billion by market cap, LIN is the world's largest industrial gas company that offers industrial gases, technologies, and gas processing solutions that are used in production of clean hydrogen and carbon capture systems for energy transition, medical oxygen, and specialty gases for electronics.
Shares of this global multinational chemical company have underperformed the broader market considerably over the past year. LIN has gained 12.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 32.3%. In 2024, LIN’s stock rose 10.4%, compared to the SPX’s 24.7% rise on a YTD basis.
