Linde Posts Record Q3 Sales and EPS, Lifts Full-Year Guidance to $17.82–$17.92
LIN sits 35% above its 52-week low of $387.78.
Summary
Linde delivered Q3 adjusted EPS of $4.59, up 9% year over year, on record sales of $9,404 million, also up 9%, though profit fell. Underlying sales rose 5% on 3% price and 2% volume, led by electronics, chemicals & energy and manufacturing. Adjusted operating margin came in at 29.4% with adjusted operating profit up 8%, and Q3 EBIT came in at USD 2,200 million. The company raised full-year 2026 adjusted EPS guidance to $17.82–$17.92, up 8% to 9%, versus the $17.70–$17.90 range set after Q2, and guided Q4 to $4.40–$4.50. Free cash flow was $1,777 million after $1,392 million of capex, and $1,685 million went back to shareholders through dividends and buybacks. Management flagged robust customer proposal activity in electronics and a $7.9 billion contractual sale-of-gas project backlog supporting growth. The 9:00 am EDT earnings call is the next checkpoint for detail on backlog conversion and 2027 capex.
At the time of this announcement, LIN was trading at $521.76 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $234.3B. The 52-week trading range was $387.78 to $548.20. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: BusinessWire.