LIN vs. NKLA

Last updated Jun 13, 2026

LIN (Linde plc) and NKLA (Nikola Corporation) are both stocks. LIN operates in Specialty Chemicals (Basic Materials), while NKLA operates in Auto Manufacturers (Consumer Cyclical).

Performance

LIN vs. NKLA - Performance Comparison

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

Returns By Period

LIN

• 1D: 1.58%
• 1M: 3.78%
• YTD: 23.59%
• 6M: 26.61%
• 1Y: 13.87%
• 3Y*: 13.38%
• 5Y*: 13.98%
• 10Y*: —

NKLA

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LIN vs. NKLA - Yearly Performance Comparison

	2026 (YTD)
LIN Linde plc	14.64%
NKLA Nikola Corporation	0.00%

Fundamentals

Total Revenue (TTM) LIN : $34.66B NKLA : $68.86M
Gross Profit (TTM) LIN : $15.94B NKLA : -$254.24M
EBITDA (TTM) LIN : $12.31B NKLA : -$887.58M

Return for Risk

LIN vs. NKLA — Risk / Return Rank

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

LIN

LIN Risk / Return Rank: 61
LIN Sharpe Ratio Rank: 67
LIN Sortino Ratio Rank: 60
LIN Omega Ratio Rank: 57
LIN Calmar Ratio Rank: 58
LIN Martin Ratio Rank: 61

NKLA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. NKLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Linde plc (LIN) and Nikola Corporation (NKLA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LIN	NKLA	Difference
Sharpe ratio: Return per unit of total volatility	0.74	—	—
Sortino ratio: Return per unit of downside risk	1.16	—	—
Omega ratio: Gain probability vs. loss probability	1.13	—	—
Calmar ratio: Return relative to maximum drawdown	0.67	—	—
Martin ratio: Return relative to average drawdown	1.89	—	—

Drawdowns

LIN vs. NKLA - Drawdown Comparison

The maximum LIN drawdown since its inception was -32.59%, which is greater than NKLA's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for LIN and NKLA.

Drawdown Indicators

	LIN	NKLA	Difference
Max Drawdown Largest peak-to-trough decline	-32.59%	0.00%	-32.59%
Max Drawdown (1Y) Largest decline over 1 year	-19.18%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.18%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.82%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.41%	0.00%	-5.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.79%	—	—

Volatility

Volatility by Period

	LIN	NKLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.57%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.24%	0.00%	+17.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.79%	0.00%	+20.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.08%	0.00%	+24.08%

Dividends

LIN vs. NKLA - Dividend Comparison

LIN's dividend yield for the trailing twelve months is around 1.18%, while NKLA has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
LIN Linde plc	1.18%	1.41%	1.33%	1.24%	1.43%	1.22%	1.46%	1.64%	0.53%
NKLA Nikola Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials