LIN vs. AIT

Last updated Apr 1, 2026

Compare and contrast key facts about Linde plc (LIN) and Applied Industrial Technologies, Inc. (AIT).

Performance

LIN vs. AIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Linde plc (LIN) and Applied Industrial Technologies, Inc. (AIT). The values are adjusted to include any dividend payments, if applicable.

LIN vs. AIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
LIN Linde plc	16.66%	3.22%	3.18%	27.66%	-4.39%	33.39%	25.88%	39.04%	-7.11%
AIT Applied Industrial Technologies, Inc.	3.52%	8.01%	39.67%	38.35%	24.25%	33.57%	19.37%	26.35%	-30.13%

Fundamentals

Market Cap LIN : $232.36B AIT : $10.12B
EPS LIN : $14.73 AIT : $10.54
PE Ratio LIN : 33.66 AIT : 25.18
PEG Ratio LIN : 1.68 AIT : 0.79
PS Ratio LIN : 6.87 AIT : 2.14
PB Ratio LIN : 6.08 AIT : 3.20
Total Revenue (TTM) LIN : $33.99B AIT : $4.75B
Gross Profit (TTM) LIN : $14.73B AIT : $1.44B
EBITDA (TTM) LIN : $12.85B AIT : $572.00M

Returns By Period

In the year-to-date period, LIN achieves a 16.66% return, which is significantly higher than AIT's 3.52% return.

LIN

• 1D: -0.70%
• 1M: -2.10%
• YTD: 16.66%
• 6M: 5.11%
• 1Y: 7.90%
• 3Y*: 13.19%
• 5Y*: 13.57%
• 10Y*: —

AIT

• 1D: 2.83%
• 1M: -6.11%
• YTD: 3.52%
• 6M: 2.01%
• 1Y: 18.61%
• 3Y*: 24.10%
• 5Y*: 24.48%
• 10Y*: 21.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

LIN vs. AIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LIN

LIN Risk / Return Rank: 53
LIN Sharpe Ratio Rank: 57
LIN Sortino Ratio Rank: 48
LIN Omega Ratio Rank: 47
LIN Calmar Ratio Rank: 54
LIN Martin Ratio Rank: 56

AIT

AIT Risk / Return Rank: 63
AIT Sharpe Ratio Rank: 62
AIT Sortino Ratio Rank: 57
AIT Omega Ratio Rank: 56
AIT Calmar Ratio Rank: 71
AIT Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LIN vs. AIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Linde plc (LIN) and Applied Industrial Technologies, Inc. (AIT). 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.

	LIN	AIT	Difference
Sharpe ratio Return per unit of total volatility	0.40	0.57	-0.17
Sortino ratio Return per unit of downside risk	0.70	1.02	-0.32
Omega ratio Gain probability vs. loss probability	1.09	1.13	-0.04
Calmar ratio Return relative to maximum drawdown	0.49	1.44	-0.95
Martin ratio Return relative to average drawdown	1.35	3.06	-1.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LIN vs. AIT - Sharpe Ratio Comparison

The current LIN Sharpe Ratio is 0.40, which is comparable to the AIT Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of LIN and AIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LIN	AIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	0.57	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.80	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.42	+0.29

Correlation

The correlation between LIN and AIT is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

LIN vs. AIT - Dividend Comparison

LIN's dividend yield for the trailing twelve months is around 1.23%, more than AIT's 0.71% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LIN Linde plc	1.23%	1.41%	1.33%	1.24%	1.43%	1.22%	1.46%	1.64%	0.53%	0.00%	0.00%	0.00%
AIT Applied Industrial Technologies, Inc.	0.71%	0.72%	0.62%	0.81%	1.08%	1.29%	1.64%	1.86%	2.22%	1.70%	1.89%	2.67%

Drawdowns

LIN vs. AIT - Drawdown Comparison

The maximum LIN drawdown since its inception was -32.59%, smaller than the maximum AIT drawdown of -66.47%. Use the drawdown chart below to compare losses from any high point for LIN and AIT.

Drawdown Indicators

	LIN	AIT	Difference
Max Drawdown Largest peak-to-trough decline	-32.59%	-66.47%	+33.88%
Max Drawdown (1Y) Largest decline over 1 year	-19.18%	-12.86%	-6.32%
Max Drawdown (5Y) Largest decline over 5 years	-22.82%	-26.42%	+3.60%
Max Drawdown (10Y) Largest decline over 10 years	—	-59.29%	—
Current Drawdown Current decline from peak	-2.34%	-8.89%	+6.55%
Average Drawdown Average peak-to-trough decline	-5.52%	-18.12%	+12.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.99%	6.05%	+0.94%

Volatility

LIN vs. AIT - Volatility Comparison

The current volatility for Linde plc (LIN) is 5.73%, while Applied Industrial Technologies, Inc. (AIT) has a volatility of 8.46%. This indicates that LIN experiences smaller price fluctuations and is considered to be less risky than AIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LIN	AIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.73%	8.46%	-2.73%
Volatility (6M) Calculated over the trailing 6-month period	13.17%	19.24%	-6.07%
Volatility (1Y) Calculated over the trailing 1-year period	19.97%	33.05%	-13.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.69%	30.65%	-9.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.19%	33.21%	-9.02%

Financials

LIN vs. AIT - Profitability Comparison

The chart below illustrates the profitability comparison between Linde plc and Applied Industrial Technologies, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LIN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Linde plc reported a gross profit of 4.22B and revenue of 8.76B. Therefore, the gross margin over that period was 48.1%.

AIT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Applied Industrial Technologies, Inc. reported a gross profit of 353.33M and revenue of 1.16B. Therefore, the gross margin over that period was 30.4%.

LIN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Linde plc reported an operating income of 2.02B and revenue of 8.76B, resulting in an operating margin of 23.0%.

AIT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Applied Industrial Technologies, Inc. reported an operating income of 123.21M and revenue of 1.16B, resulting in an operating margin of 10.6%.

LIN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Linde plc reported a net income of 1.57B and revenue of 8.76B, resulting in a net margin of 18.0%.

AIT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Applied Industrial Technologies, Inc. reported a net income of 95.35M and revenue of 1.16B, resulting in a net margin of 8.2%.