Correlation
The correlation between AHT.L and LIN.DE is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
AHT.L vs. LIN.DE
Compare and contrast key facts about Ashtead Group plc (AHT.L) and Linde PLC (LIN.DE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AHT.L or LIN.DE.
Performance
AHT.L vs. LIN.DE - Performance Comparison
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Key characteristics
AHT.L:
-0.49
LIN.DE:
-0.03
AHT.L:
-0.40
LIN.DE:
0.09
AHT.L:
0.94
LIN.DE:
1.01
AHT.L:
-0.33
LIN.DE:
-0.02
AHT.L:
-0.67
LIN.DE:
-0.05
AHT.L:
20.80%
LIN.DE:
5.76%
AHT.L:
31.75%
LIN.DE:
17.02%
AHT.L:
-98.94%
LIN.DE:
-36.72%
AHT.L:
-28.27%
LIN.DE:
-9.71%
Fundamentals
AHT.L:
£18.77B
LIN.DE:
€188.94B
AHT.L:
£2.55
LIN.DE:
€8.07
AHT.L:
17.18
LIN.DE:
33.69
AHT.L:
1.22
LIN.DE:
2.58
AHT.L:
1.72
LIN.DE:
6.78
AHT.L:
3.25
LIN.DE:
5.77
AHT.L:
£8.26B
LIN.DE:
€33.02B
AHT.L:
£7.29B
LIN.DE:
€14.02B
AHT.L:
£3.86B
LIN.DE:
€12.59B
Returns By Period
In the year-to-date period, AHT.L achieves a -7.54% return, which is significantly lower than LIN.DE's 0.14% return. Over the past 10 years, AHT.L has outperformed LIN.DE with an annualized return of 16.89%, while LIN.DE has yielded a comparatively lower 16.03% annualized return.
AHT.L
-7.54%
4.42%
-9.74%
-15.59%
10.87%
12.92%
16.89%
LIN.DE
0.14%
-1.74%
-1.52%
-0.43%
14.85%
18.15%
16.03%
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Risk-Adjusted Performance
AHT.L vs. LIN.DE — Risk-Adjusted Performance Rank
AHT.L
LIN.DE
AHT.L vs. LIN.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashtead Group plc (AHT.L) and Linde PLC (LIN.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
AHT.L vs. LIN.DE - Dividend Comparison
AHT.L's dividend yield for the trailing twelve months is around 2.12%, more than LIN.DE's 1.50% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AHT.L Ashtead Group plc | 2.12% | 1.62% | 1.45% | 1.41% | 0.71% | 1.18% | 1.66% | 2.02% | 1.38% | 1.42% | 1.36% | 1.00% |
LIN.DE Linde PLC | 1.50% | 1.42% | 1.40% | 1.56% | 1.41% | 1.77% | 1.83% | 2.33% | 2.41% | 2.85% | 3.58% | 2.59% |
Drawdowns
AHT.L vs. LIN.DE - Drawdown Comparison
The maximum AHT.L drawdown since its inception was -98.94%, which is greater than LIN.DE's maximum drawdown of -36.72%. Use the drawdown chart below to compare losses from any high point for AHT.L and LIN.DE.
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Volatility
AHT.L vs. LIN.DE - Volatility Comparison
Ashtead Group plc (AHT.L) has a higher volatility of 8.43% compared to Linde PLC (LIN.DE) at 3.33%. This indicates that AHT.L's price experiences larger fluctuations and is considered to be riskier than LIN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
AHT.L vs. LIN.DE - Financials Comparison
This section allows you to compare key financial metrics between Ashtead Group plc and Linde PLC. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AHT.L vs. LIN.DE - Profitability Comparison
AHT.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Ashtead Group plc reported a gross profit of 2.27B and revenue of 2.57B. Therefore, the gross margin over that period was 88.3%.
LIN.DE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Linde PLC reported a gross profit of 3.96B and revenue of 8.11B. Therefore, the gross margin over that period was 48.8%.
AHT.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Ashtead Group plc reported an operating income of 549.80M and revenue of 2.57B, resulting in an operating margin of 21.4%.
LIN.DE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Linde PLC reported an operating income of 2.18B and revenue of 8.11B, resulting in an operating margin of 26.9%.
AHT.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Ashtead Group plc reported a net income of 309.70M and revenue of 2.57B, resulting in a net margin of 12.1%.
LIN.DE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Linde PLC reported a net income of 1.67B and revenue of 8.11B, resulting in a net margin of 20.6%.