Linde (BUD:LINDEPLC) EV-to-EBITDA: 19.59 (As of Jul. 14, 2026) — 13% Above Median

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BUD:LINDEPLC Linde PLC BUD:LINDEPLC
93 GF Score
Price Ft121,430.00
GF Value Ft114,390.65
! 7 Warning Signs
View Full Analysis

What is Linde EV-to-EBITDA?

Linde BUD:LINDEPLC 93 EV-to-EBITDA is 19.59 as of Jul. 14, 2026, which is 13% above its 10-year median of 17.39. GuruFocus rates BUD:LINDEPLC with a GF Score™ of 93/100 and a GF Value™ of Ft114,390.65. The stock has 7 warning signs investors should review. Among 1,315 Chemicals companies, Linde ranks worse than 63.65% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Linde's enterprise value is Ft82,480,868 Mil. Linde's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was Ft4,210,305 Mil. Therefore, Linde's EV-to-EBITDA for today is 19.59.

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

BUD:LINDEPLC' s EV-to-EBITDA Range Over the Past 10 Years
Min: 11.57   Med: 17.39   Max: 20.78
Current: 19.79

During the past 13 years, the highest EV-to-EBITDA of Linde was 20.78. The lowest was 11.57. And the median was 17.39.

BUD:LINDEPLC's EV-to-EBITDA is ranked worse than
63.65% of 1315 companies
in the Chemicals industry
Industry Median: 13.55 vs BUD:LINDEPLC: 19.79

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-14), Linde's stock price is Ft121430.00. Linde's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was Ft4770.765. Therefore, Linde's PE Ratio (TTM) for today is 25.45.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Linde  (BUD:LINDEPLC) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Linde's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=121430.00/4770.765
=25.45

Linde's share price for today is Ft121430.00.
Linde's Earnings per Share (Diluted) 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 Ft4770.765.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Linde EV-to-EBITDA Related Terms


Linde EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Linde's EV-to-EBITDA 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-EBITDA Chart

Linde Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.19 17.60 17.61 16.93 16.93

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-EBITDA 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 18.58 18.58 18.33 16.93 18.87

BUD:LINDEPLC vs SHW, ECL, APD: EV-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Linde's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Chemicals Industry

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

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


BUD:LINDEPLC
93GF Score
Linde PLC BUD:LINDEPLC
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Linde EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=82480868.259/4210305.019
=19.59

Linde's current Enterprise Value is Ft82,480,868 Mil.
Linde's EBITDA 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 Ft4,210,305 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-EBITDA →
What does a EV-to-EBITDA of 19.59 mean?
Linde (BUD:LINDEPLC) has a EV-to-EBITDA of 19.59 as of Jul. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Linde. This is 13% above median its historical median of 17.39. Over the past decade, Linde's EV-to-EBITDA has ranged from 11.57 to 20.78. According to the industry distribution chart, Linde ranks #837 out of 1315 companies in the Chemicals industry, placing it in the top 63.7%.
Is Linde's EV-to-EBITDA too high?
Linde's current EV-to-EBITDA of 19.59 is 13% above median its 10-year median of 17.39. Over the past 10 years, this metric has ranged from a low of 11.57 to a high of 20.78. The Chemicals industry median EV-to-EBITDA is 13.55. Linde's value of 19.59 is 44.6% above this industry median. Based on the distribution chart, Linde ranks #837 out of 1315 companies in the Chemicals industry, which is below the industry midpoint. Overall, Linde has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Linde's EV-to-EBITDA compare to SHW and ECL?
According to the Chemicals industry distribution chart, Linde ranks #837 out of 1315 companies for EV-to-EBITDA. This places Linde in the lower half of its industry. The industry median EV-to-EBITDA is 13.55. Linde's value of 19.59 is 44.6% above this benchmark. Historically, Linde's own EV-to-EBITDA has ranged from 11.57 to 20.78 over the past decade. While the company's 10-year median is 17.39 vs. the industry median of 13.55, 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-EBITDA for a Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 13.55, based on 1,315 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Linde's current EV-to-EBITDA of 19.59 is 44.6% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Linde. For the Chemicals industry, the median EV-to-EBITDA is 13.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linde's current EV-to-EBITDA is 19.59, which is 13% above median its own 10-year median of 17.39. 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?
Linde (BUD:LINDEPLC) has a current EV-to-EBITDA of 19.59. The stock's GF Value™ is Ft114,390.65, compared to a current price of Ft121,430.00 — trading 6.2% above its estimated fair value. The current EV-to-EBITDA is 19.59, which is 13% above median its 10-year median of 17.39 and 44.6% above the Chemicals industry median of 13.55. Linde's overall GF Score™ is 93/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Linde (BUD:LINDEPLC), the current EV-to-EBITDA is 19.59 as of Jul. 14, 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 (BUD:LINDEPLC) Overvalued in 2026?

Based on GuruFocus' analysis, Linde stock appears to be overvalued. The current stock price of Ft121,430.00 is trading 6.2% above its estimated GF Value™ of Ft114,390.65.

Key valuation signals for BUD:LINDEPLC:

  • EV-to-EBITDA: 19.59 (13% above median its 10-year median of 17.39)
  • GF Value™: Ft114,390.65 vs. price of Ft121,430.00 (6.2% above fair value)
  • GF Score™: 93/100 with 7 warning signs
  • Industry Position: 44.6% above the Chemicals median (#837 of 1315)

No single metric tells the full story. See the BUD:LINDEPLC 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.
93GF Score

Get the complete analysis for BUD:LINDEPLC

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

Ft121,430.00
Price
Ft114,390.65
GF Value