LIN vs PPG

Linde plc and PPG Industries, both Basic Materials

Linde plc is the larger company at $237B against $26B. On trailing earnings PPG is the cheaper of the two at a P/E of 16.3 against 31.7, a gap that is only a bargain if the two are growing at similar rates. Over the past year PPG returned +11% against +5.4% for LIN. Ryufin's sector-relative Smart Score puts PPG ahead, 8/10 against 6/10.

Linde plc and PPG Industriescompared on valuation, return and Ryufin’s Smart Score
FigureLINPPG
Last close$490$114
Market cap$237B$26B
Trailing P/Elower is cheaper for the same earnings, not automatically better31.716.3
Dividend yield1.2%2.4%
1-year return+5.4%+11%
5-year return+71%-22%
Ryufin Smart Scoresector-relative, 1–106/108/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Linde plc

Revenue of $9.3B in Q2 2026, net income $1.9B. Its largest reported line is Americas, 46% of the disclosed total.

PPG Industries

Revenue of $3.9B in Q1 2026, net income $382M. Its largest reported line is North America, 46% of the disclosed total.

Open these two in the interactive comparison to add more names, change the period or read the correlation.