Linde (XTER:LIN) EV-to-EBIT: 27.79 (As of Jul. 16, 2026) — Near Median

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XTER:LIN Linde PLC XTER:LIN
86 GF Score
Price €451.80
GF Value €431.70
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Linde EV-to-EBIT?

Linde XTER:LIN +0.49% 86 EV-to-EBIT is 27.79 as of Jul. 16, 2026, which is 4% above its 10-year median of 26.64. GuruFocus rates XTER:LIN with a GF Score™ of 86/100 and a GF Value™ of €431.70 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,236 Chemicals companies, Linde ranks worse than 65.45% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Linde's Enterprise Value is €229,706 Mil. Linde's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €8,264 Mil. Therefore, Linde's EV-to-EBIT for today is 27.79.

The historical rank and industry rank for Linde's EV-to-EBIT or its related term are showing as below:

XTER:LIN' s EV-to-EBIT Range Over the Past 10 Years
Min: 16.59   Med: 26.64   Max: 45.85
Current: 27.21

During the past 13 years, the highest EV-to-EBIT of Linde was 45.85. The lowest was 16.59. And the median was 26.64.

XTER:LIN's EV-to-EBIT is ranked worse than
65.45% of 1236 companies
in the Chemicals industry
Industry Median: 17.76 vs XTER:LIN: 27.21

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Linde's Enterprise Value for the quarter that ended in Mar. 2026 was €220,225 Mil. Linde's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €8,264 Mil. Linde's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.75%.


Linde  (XTER:LIN) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Linde's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=8264.3/220225.3
=3.75 %

Linde's Enterprise Value for the quarter that ended in Mar. 2026 was €220,225 Mil.
Linde's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €8,264 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Linde EV-to-EBIT Related Terms


Linde EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Linde's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Linde EV-to-EBIT Chart

Linde Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.06 30.45 25.61 23.99 23.74

Linde Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.17 26.00 25.42 23.74 26.34

XTER:LIN vs SHW, ECL, APD: EV-to-EBIT Comparison

For the Specialty Chemicals subindustry, Linde's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Linde EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Linde's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Linde's EV-to-EBIT falls into.


XTER:LIN
86GF Score
Linde PLC XTER:LIN
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Linde EV-to-EBIT Calculation

Linde's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=229706.006/8264.3
=27.79

Linde's current Enterprise Value is €229,706 Mil.
Linde's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €8,264 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 27.79 mean?
Linde (XTER:LIN) has a EV-to-EBIT of 27.79 as of Jul. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Linde and its competitors. This is near median its historical median of 26.64. Over the past decade, Linde's EV-to-EBIT has ranged from 16.59 to 45.85. According to the industry distribution chart, Linde ranks #809 out of 1236 companies in the Chemicals industry, placing it in the top 65.5%.
Is Linde's EV-to-EBIT too high?
Linde's current EV-to-EBIT of 27.79 is near median its 10-year median of 26.64. Over the past 10 years, this metric has ranged from a low of 16.59 to a high of 45.85. The Chemicals industry median EV-to-EBIT is 17.76. Linde's value of 27.79 is 56.5% above this industry median. Based on the distribution chart, Linde ranks #809 out of 1236 companies in the Chemicals industry, which is below the industry midpoint. Overall, Linde has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Linde's EV-to-EBIT compare to SHW and ECL?
According to the Chemicals industry distribution chart, Linde ranks #809 out of 1236 companies for EV-to-EBIT. This places Linde in the lower half of its industry. The industry median EV-to-EBIT is 17.76. Linde's value of 27.79 is 56.5% above this benchmark. Historically, Linde's own EV-to-EBIT has ranged from 16.59 to 45.85 over the past decade. While the company's 10-year median is 26.64 vs. the industry median of 17.76, Linde has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Chemicals company?
The median EV-to-EBIT among Chemicals companies is 17.76, based on 1,236 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Linde's current EV-to-EBIT of 27.79 is 56.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Linde and its competitors. For the Chemicals industry, the median EV-to-EBIT is 17.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linde's current EV-to-EBIT is 27.79, which is near median its own 10-year median of 26.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linde stock overvalued right now?
Based on GuruFocus' analysis, Linde (XTER:LIN) is currently considered Fairly Valued. The stock's GF Value™ is €431.70, compared to a current price of €451.80 — trading 4.7% above its estimated fair value. The current EV-to-EBIT is 27.79, which is near median its 10-year median of 26.64 and 56.5% above the Chemicals industry median of 17.76. Linde's overall GF Score™ is 86/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Linde (XTER:LIN), the current EV-to-EBIT is 27.79 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Linde (XTER:LIN) Overvalued in 2026?

Based on GuruFocus' analysis, Linde stock appears to be overvalued. The current stock price of €451.80 is trading 4.7% above its estimated GF Value™ of €431.70. GuruFocus considers Linde to be Fairly Valued.

Key valuation signals for XTER:LIN:

  • EV-to-EBIT: 27.79 (near median its 10-year median of 26.64)
  • GF Value™: €431.70 vs. price of €451.80 (4.7% above fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 56.5% above the Chemicals median (#809 of 1236)

No single metric tells the full story. See the XTER:LIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Linde Business Description

Address 10 Riverview Drive, Danbury, CT, USA, 06810
Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $34 billion in revenue in 2025.
86GF Score

Get the complete analysis for XTER:LIN

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€451.80
Price
€431.70
GF Value