No material company-specific news briefings were available for Linde plc in the 30 days preceding this report's generation date of 2026-08-04 [Brief - 2026-07-27] [Brief - 2026-07-19] [Brief - 2026-07-11]. Linde plc operates as a global industrial gases and engineering company, listed on the Nasdaq under the ticker LIN.
As of the quarter ending 2026-06-30, Linde plc reported trailing twelve-month revenue of $35.45 billion, reflecting year-over-year revenue growth of 9.35%. Net income on a TTM basis was $7.24 billion, representing a net margin of 20.44%. Operating margin stood at 26.45%. EPS grew 11.26% year-over-year. The company held $4.90 billion in cash against total debt of $28.01 billion. Market capitalisation was approximately $244.4 billion, with a price-to-earnings ratio of 31 [SEC 10-Q - LIN - 2026-06-30].
Recent institutional filings show notable divergence in positioning. Citadel (Ken Griffin) reduced its LIN position by 53%, while Millennium (Izzy Englander) reduced its position by 71% [SEC 13F - Citadel - Q2 2026] [SEC 13F - Millennium - Q2 2026]. Conversely, AQR Capital (Cliff Asness) increased its position by 117%, and Soros Fund Management (George Soros) opened a new position in LIN during the same reporting period [SEC 13F - AQR Capital - Q2 2026] [SEC 13F - Soros Fund Mgmt - Q2 2026]. These institutional movements across multiple major filers contributed to triggering this report.
The prevailing macroeconomic backdrop features a 10-year US Treasury yield (DGS10) of 4.75% and a 2-year yield (DGS2) of 4.28%, producing a normal yield curve with a spread of 47 basis points [FRED DGS10] [FRED DGS2]. Linde's total debt of $28.01 billion is held in this rate environment, where the cost of refinancing or servicing variable-rate obligations is contextualised by these prevailing benchmark rates [SEC 10-Q - LIN - 2026-06-30].