Linde plc reported fourth-quarter 2025 results on February 5, 2026, with diluted earnings per share of $3.26, down 9% year-over-year, though adjusted earnings per share of $4.20 was up 6%. The company surpassed fourth-quarter earnings and revenue estimates, with revenue of $8.8 billion and underlying sales rising 3%. However, Linde issued 2026 adjusted earnings per share guidance of $17.40 to $17.90, with a midpoint of $17.65 that fell below analyst consensus expectations of $17.83. Following this guidance announcement, Linde shares fell over 2% in pre-market trading. JPMorgan downgraded Linde from Overweight to Neutral with a price target of $455. The company highlighted a record project backlog of $17.6 billion and announced a $15 billion share repurchase program.
Read full analysisLinde plc reported fourth-quarter 2025 results on February 5, 2026, with diluted earnings per share of $3.26, down 9% year-over-year, though adjusted earnings per share of $4.20 was up 6%. The company surpassed fourth-quarter earnings and revenue estimates, with revenue of $8.8 billion and underlying sales rising 3%. However, Linde issued 2026 adjusted earnings per share guidance of $17.40 to $17.90, with a midpoint of $17.65 that fell below analyst consensus expectations of $17.83. Following this guidance announcement, Linde shares fell over 2% in pre-market trading. JPMorgan downgraded Linde from Overweight to Neutral with a price target of $455. The company highlighted a record project backlog of $17.6 billion and announced a $15 billion share repurchase program.
Linde plc (LIN) is a publicly traded company in the Materials sector.