Linde PLC (LIN) vs LyondellBasell Industries N.V. (LYB)

Linde PLC and LyondellBasell Industries N.V. are both Specialty Chemicals companies. Linde PLC is the larger, with a market value of $239.3B against $19.9B — 12.0× the size. LyondellBasell Industries N.V. trades at the lower P/E: 15.6× against 34.2×. Linde PLC grew revenue faster over the last twelve months: 8.16% against 3.54%. Linde PLC has the higher net margin (19.3% vs 4.05%) and the higher return on invested capital (8.98% vs 8.48%). Both pay a dividend; LyondellBasell Industries N.V. yields more (5.57% vs 1.21%). Across the 23 metrics below, Linde PLC leads on 13 and LyondellBasell Industries N.V. on 10.

Valuation

Metric LIN LYB Specialty Chemicals median
P/E 34.16 15.60 24.46
P/S 6.61 0.62 1.64
P/B 5.85 1.77 1.88
Price to free cash flow 47.17 7.84 19.15
EV/EBITDA 20.20 6.89 12.87
EV/Sales 7.24 0.91 1.88
Earnings yield 2.93% 6.41% 2.42%
Free cash flow yield 2.12% 12.75% 2.25%

Profitability

Metric LIN LYB Specialty Chemicals median
Gross margin 47.86% 14.30% 27.84%
Operating margin 25.28% 8.64% 5.64%
Net margin 19.34% 4.05% 4.19%
Free cash flow margin 14.02% 7.96% 3.49%
Return on equity 17.29% 11.84% 2.34%
Return on assets 8.05% 3.78% 0.45%
Return on invested capital 8.98% 8.48% 3.21%

Growth

Metric LIN LYB Specialty Chemicals median
Revenue growth (TTM) 8.16% 3.54% 6.39%
EPS growth (last fiscal year) 7.27% (156.39%) (9.77%)
Revenue growth, 5-year CAGR 4.52% 1.67% 6.33%
Net income growth, 5-year CAGR 22.50% 0.00% 0.00%

Health

Metric LIN LYB Specialty Chemicals median
Debt to equity 0.65 1.10 0.59
Current ratio 0.86 1.78 2.28
Net debt to EBITDA 1.73 9.67 2.03

Dividend

Metric LIN LYB Specialty Chemicals median
Dividend yield 1.21% 5.57% 1.80%
Payout ratio 0.42 0.87 0.40

Size

Metric LIN LYB Specialty Chemicals median
Market cap 239.29b 19.92b 2.08b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack