Linde (LIN) Shares Outstanding (Diluted) (2016 - 2026)
Linde (LIN) recorded Weighted Average Shares Outstanding (Diluted) of 462.51 million in Q3 2026, down 1.9% from 471.51 million a year earlier and down 0.4% from the prior quarter.
Linde (LIN) Shares Outstanding (Diluted) (2016 - 2026) Analysis & Trends
For FY2025, Linde reported Weighted Average Shares Outstanding (Diluted) of 472.2 million, down 2.1% from FY2024.
- Annual Weighted Average Shares Outstanding (Diluted) has declined for six straight years, with a five-year compound annual growth rate of -2.3% (FY2020 to FY2025).
- Across earlier years, Weighted Average Shares Outstanding (Diluted) came in at 482.09 million in FY2024 (-2.1%), 492.29 million in FY2023 (-2.3%), 504.04 million in FY2022 (-3.4%) and 521.88 million in FY2021 (-1.7%).
- The Q3 2026 figure is the lowest quarterly Weighted Average Shares Outstanding (Diluted) since Q4 2018.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) has declined for 27 consecutive quarters, with an average decline of 2.0% over the last eight quarters.
- Over the past five years, the year-over-year decline in Weighted Average Shares Outstanding (Diluted) ranged from 1.7% (Q4 2021) to 3.6% (Q3 2022).
- Per Business Quant, the preceding three quarters came in at 464.52 million (Q2 2026), 466.32 million (Q1 2026) and 472.2 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 462.51 Mn |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 871.00 Mn |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 242.80 Mn |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | 222.80 Mn |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 646.00 Mn |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | 486.52 Mn |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 223.20 Mn |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 210.00 Mn |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 138.40 Mn |
| 10 | Dow | 22.79 Bn | 8.23 Bn | 1.38 Bn | 727.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 462.51 Mn |
| Jun 30, 2026 | 464.52 Mn |
| Mar 31, 2026 | 466.32 Mn |
| Dec 31, 2025 | 472.20 Mn |
| Sep 30, 2025 | 471.51 Mn |
| Jun 30, 2025 | 473.57 Mn |
| Mar 31, 2025 | 476.26 Mn |
| Dec 31, 2024 | 482.09 Mn |
| Sep 30, 2024 | 480.90 Mn |
| Jun 30, 2024 | 483.18 Mn |
| Mar 31, 2024 | 485.59 Mn |
| Dec 31, 2023 | 492.29 Mn |
| Sep 30, 2023 | 491.08 Mn |
| Jun 30, 2023 | 493.55 Mn |
| Mar 31, 2023 | 495.68 Mn |
| Dec 31, 2022 | 504.04 Mn |
| Sep 30, 2022 | 501.15 Mn |
| Jun 30, 2022 | 505.27 Mn |
| Mar 31, 2022 | 511.41 Mn |
| Dec 31, 2021 | 521.88 Mn |
Linde Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=LIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "LIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=LIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();