Linde PLC trades on NASDAQ and ranks among the world's largest industrial gas suppliers, but its headquarters tells a more complicated story.
A Straightforward Question, A Layered Answer
Linde PLC is not headquartered in the United States — its corporate address sits in Woking, Surrey — yet the company trades on the NASDAQ stock exchange under the ticker LIN and is included in directories of US-listed companies because of that deep tie to American capital markets. Whether you call it "American" depends on which yardstick you use: incorporation and headquarters, or stock listing and market presence.
Where Linde Is Headquartered
Linde's official headquarters is located in Woking, Surrey, which places its corporate base outside the United States. That single fact is the clearest evidence against calling it an American company in the traditional sense of where a business is run and registered.
A Long History on US Exchanges
Despite its overseas headquarters, Linde has a long-standing presence on American public markets. The company's IPO dates back to June 1992, and it has traded on NASDAQ ever since. That decades-long listing means American investors have been able to buy and sell shares of Linde for more than three decades, which is a major reason it shows up in directories built around US-listed companies.
What Linde Actually Does
Linde is the largest industrial gas supplier in the world, with operations spanning more than 100 countries. Its core products are atmospheric gases — oxygen, nitrogen, and argon — along with process gases such as hydrogen, carbon dioxide, and helium. The company also builds equipment used to produce these gases at industrial scale.
Industries It Serves
Linde's customer base cuts across some of the most fundamental sectors of the modern economy: chemicals, manufacturing, healthcare, and steelmaking. Gases like oxygen and hydrogen aren't niche commodities — they're inputs used daily in hospitals, factories, and steel mills around the globe.
The Scale of the Business
Numbers tell part of the story of how significant Linde has become. The company generated approximately $34 billion in revenue in 2025, with net income reaching $6.9 billion for the fiscal year. Total assets stood at $86.8 billion, and the company's market capitalization reached $236.9 billion — figures that place it among the largest industrial companies traded on any exchange.
A Global Workforce
Running an operation of that size requires people everywhere. Linde employs approximately 65,034 people worldwide, a workforce spread across the more than 100 countries where the company operates.
So, Is It American?
By headquarters, Linde is a UK-based company, with its main offices in Woking, Surrey. By stock listing, it's an American public company in the sense that it has traded on NASDAQ since 1992 and is included among the US-based companies tracked by this directory. Investors researching Linde should understand both sides: an internationally headquartered industrial giant with a long, established footprint in US capital markets.
The Bottom Line
Linde isn't a company that fits neatly into a single national label. It's a global industrial gas supplier headquartered abroad but listed and followed on American exchanges, serving customers in chemicals, manufacturing, healthcare, and steelmaking across more than 100 countries. That duality — foreign headquarters, American stock listing — is simply part of how large multinational companies operate in today's interconnected economy.
