Linde (XTER:LIN) Moat Score: 8/10 (As of Jun. 27, 2026)


XTER:LIN Linde PLC XTER:LIN
84 GF Score
Price €457.40
GF Value €433.21
Valuation Fairly Valued
! 7 Warning Signs
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What is Linde Moat Score?

Linde XTER:LIN -1.08% 84 Moat Score is 8 as of Jun. 27, 2026. GuruFocus rates XTER:LIN with a GF Score™ of 84/100 and a GF Value™ of €433.21 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,629 Chemicals companies, Linde ranks better than 99.94% on this metric.

Linde has the Moat Score of 8, which implies that the company might have Wide Moat - Clear and robust wide moat.

Linde has Wide Moat: Linde PLC has a clear and robust wide moat due to its market leadership in industrial gases, strong brand strength, and significant economies of scale. Its extensive distribution network, proprietary technology, and regulatory barriers provide durable competitive advantages.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Linde might have Wide Moat - Clear and robust wide moat.

Linde  (XTER:LIN) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Linde Moat Score Related Terms

XTER:LIN vs SHW, ECL, APD: Moat Score Comparison

For the Specialty Chemicals subindustry, Linde's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Linde's Moat Score distribution charts can be found below:

* The bar in red indicates where Linde's Moat Score falls into.


XTER:LIN
84GF Score
Linde PLC XTER:LIN
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 8 mean?
Linde (XTER:LIN) has a Moat Score of 8 as of Jun. 27, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Linde ranks #1 out of 1629 companies in the Chemicals industry, placing it in the top 0.099999999999994%.
Is Linde's Moat Score too high?
Linde's current Moat Score is 8. Based on the distribution chart, Linde ranks #1 out of 1629 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Linde has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Linde's Moat Score compare to SHW and ECL?
According to the Chemicals industry distribution chart, Linde ranks #1 out of 1629 companies for Moat Score. This places Linde in the top 0% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Chemicals company?
A good Moat Score depends on the Chemicals industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Linde's current Moat Score is 8. 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 €433.21, compared to a current price of €457.40 — trading 5.6% above its estimated fair value. The current Moat Score is 8. Linde's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Linde (XTER:LIN), the current Moat Score is 8 as of Jun. 27, 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 €457.40 is trading 5.6% above its estimated GF Value™ of €433.21. GuruFocus considers Linde to be Fairly Valued.

Key valuation signals for XTER:LIN:

  • Moat Score: 8
  • GF Value™: €433.21 vs. price of €457.40 (5.6% above fair value)
  • GF Score™: 84/100 with 7 warning signs

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.
84GF Score

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

€457.40
Price
€433.21
GF Value