Linde is an industrial gas company. Co.'s primary products in its industrial gases business are atmospheric gases (oxygen, nitrogen, argon, and rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene). Co. also designs and builds equipment that produces industrial gases and provides customers a range of gas production and processing services such as olefin plants, natural gas plants, air separation plants, hydrogen and synthesis gas plants and other types of plants. Co.'s reportable segments are: Americas, Europe/Middle East/Africa, and Asia/South Pacific; a fourth reportable segment which represents Co.'s Engineering business. We show 17 historical shares outstanding datapoints in our LIN shares outstanding history coverage, used to compute LIN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LIN market cap history over the course of time is important for investors
interested in comparing LIN's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LIN versus a peer is one thing; comparing
LIN market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LIN can fluctuate over the course of history.
With this page we aim to empower investors researching LIN by allowing them to research the LIN market cap history. |