# Linde plc Ordinary Shares (LIN.US)

Canonical: https://gigainvestors.com/s/LIN

Analysis as of: 2026-10-16T07:29:50.997Z. Financial observations: FY1996–FY2026.

Listing currency: USD. Reporting currency: USD.

## Verdict

Not a wonderful business

Quality tests for Buy: not passed (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: $493.22 per share; close as of 2026-10-15.

Estimated value: low $175.11 per share, central $216.16 per share, high $250.75 per share. Buy at or below the central value $216.16 per share. Valuation as of 2026-10-16T07:29:50.997Z; scenarios are not confidence intervals.

Expected annual return: 6.0% at the stated quote. About 6.0% a year at today's price (required return 10.0%). required return 10.0% a year (10% floor; US 10-year bond 5.1% + 4 points).

## Checklist

### understandable: pass

- 2 revenue declines in the last 10 years (informational)

- Financial history: 10 years

- Years with declining revenue: 2

- Years with a net loss: 0

- Operating margin variation: 0.27×

Chart: Operating margin; fiscal year observations.

- FY2017: 0.22×

- FY2018: 0.15×

- FY2019: 0.12×

- FY2020: 0.14×

- FY2021: 0.17×

- FY2022: 0.19×

- FY2023: 0.25×

- FY2024: 0.26×

- FY2025: 0.27×

- LTM to Jun 2026: 0.27×

### moat: fail

- ROIC worst years below threshold (more than 1 bad year allowed)

- ROIC, median of available years: 15.1%

- ROIC, second-lowest year: 7.1%

- Typical minus recent gross margin: -5.5 pp

- Typical gross margin (annual median): 31.1%

- Recent gross margin (lower of latest and 3-year median): 36.6%

- Years with nonpositive capital: 0

- Capital spending / revenue: 12.6%

- ROIC including acquisitions, ten-year median: 9.0%

Chart: ROIC excluding acquisitions; fiscal year observations.

- FY2016: 15.6%

- FY2017: 14.5%

- FY2018: 5.3%

- FY2019: 7.1%

- FY2020: 9.0%

- FY2021: 13.6%

- FY2022: 17.6%

- FY2023: 22.0%

- FY2024: 22.2%

- FY2025: 22.4%

### economics: pass

- Owner earnings / net income, 5-yr: 1.05×

- Cash conversion uses consolidated totals: No

- Owner earnings, five-year total: $29B

- Net income, five-year total: $28B

- Return on incremental invested capital: 518.1%

- Working capital / revenue, annual change: -0.2 pp

- Working capital / revenue, change between three-year averages: -2.6 pp

- Working capital / revenue, final three-year average: 13.2%

Chart: Annual owner cash / profit; fiscal year observations.

- FY2021: 1.40×

- FY2022: 1.25×

- FY2023: 1.00×

- FY2024: 0.91×

- FY2025: 0.90×

### management: pass

- Historical market-dollar context (not the management verdict): 2016 to 2025 (9 years)

- buybacks unrelated to price (informational)

- ROIC first 3 years vs last 3 years: 14.5% vs 22.2%

- Per-share earnings: 5.21 to 13.62 (three-year endpoint medians)

- Management verdict uses per-share economic progress: Yes

- Ordinary dilution, 10-year annual growth: 5.1%

- Ordinary dilution, 5-year annual growth: -2.3%

- Market cap gain: $168B

- Cumulative retained earnings: $3.7B

- Diluted shares, 10-year annual growth: 5.1%

- Diluted shares, 5-year annual growth: -2.3%

- $1 test, starting fiscal year: FY2016

- $1 test, ending fiscal year: FY2025

- Per-share value growth: 12.8%

- Per-share value change: $8.41

- Per-share value, starting three-year median: $5.21

- Per-share value, ending three-year median: $13.62

- Buybacks concentrated in cheaper years (correlation): -0.42

- Average buyback yield: 1.8%

- Buyback history: 10 years

- Debt-funded buybacks: No

- Acquisition spending: $44B

- Cumulative net income, 10 years: $40B

- ROIC, first three-year median: 14.5%

- ROIC, last three-year median: 22.2%

Chart: Earnings per share; fiscal year observations.

- FY2016: $5.21

- FY2017: $4.31

- FY2018: $13.11

- FY2019: $4.19

- FY2020: $4.71

- FY2021: $7.33

- FY2022: $8.23

- FY2023: $12.59

- FY2024: $13.62

- FY2025: $14.61

### accounting: pass

- Sloan accruals: -4.0%

- Receivables to sales index (DSRI): 1.00×

- Restructuring years, last five: 1

- Stock compensation / operating cash flow: 1.3%

- Earnings backed by cash: Yes

- Operating cash / earnings: 1.50×

- Accounting red flags: 0

- Goodwill and intangibles / equity: 1.04×

Chart: Sloan accruals; fiscal year observations.

- FY2016: -6.6%

- FY2017: -8.8%

- FY2018: 0.7%

- FY2019: -4.5%

- FY2020: -5.6%

- FY2021: -7.2%

- FY2022: -5.9%

- FY2023: -3.8%

- FY2024: -3.6%

- FY2025: -4.0%

## Holders

- [Nicolai Tangen](https://gigainvestors.com/AKO): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [David Hoeft](https://gigainvestors.com/DAC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [John Armitage](https://gigainvestors.com/EC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Allen Bond](https://gigainvestors.com/JIM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Stephen Mandel](https://gigainvestors.com/LPC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Thomas Gayner](https://gigainvestors.com/MKL): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Wallace Weitz](https://gigainvestors.com/WIM): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Price needs cash profits to grow 13.9% a year for ten years · "Linde lands major semiconductor gas supply deal, commits $1.8B in expansion" (seekingalpha.com, Jul 2026) · sales +4.3%

Story as of 2026-10-16T09:59:04.489Z; price observation 2026-10-15.

Price needs cash profits to grow 13.9% a year for ten years

- 2025-08-01: Linde beats Q2 top and bottom line forecasts, offers profit outlook; shares up ([finance.yahoo.com](https://finance.yahoo.com/news/linde-beats-q2-top-bottom-103108956.html))

- 2025-10-31: Linde stock slips on cautious outlook after in-line third quarter ([finance.yahoo.com](https://finance.yahoo.com/news/linde-stock-slips-cautious-outlook-102044707.html))

- 2026-02-05: Linde Q4 Earnings Beat on Higher Americas Pricing, Revenues Rise Y/Y ([finance.yahoo.com](https://finance.yahoo.com/news/linde-q4-earnings-beat-higher-154400388.html))

- 2026-06-16: Linde's Annual Volume Growth Could Rise on Space Launch Market Growth, UBS Says ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/linde-apos-annual-volume-growth-152817606.html))

### Sales · FY2025–2026

sales +4.3%; source https://www.sec.gov/Archives/edgar/data/1707925/000162828026011430/lin-20251231.htm; observed 2026-02-25.

- FY2017: $11B 

- FY2018: $15B 

- FY2019: $28B 

- FY2020: $27B 

- FY2021: $31B 

- FY2022: $33B 

- FY2023: $33B 

- FY2024: $33B 

- FY2025: $34B 

- FY2026: $35B 

### Gross margin · FY2025

gross margin 37.8%; source https://www.sec.gov/Archives/edgar/data/1707925/000162828026011430/lin-20251231.htm; observed 2026-02-25.

- FY2016: 33.7% 

- FY2017: 33.2% 

- FY2018: 26.9% 

- FY2019: 24.5% 

- FY2020: 26.6% 

- FY2021: 28.0% 

- FY2022: 29.1% 

- FY2023: 35.1% 

- FY2024: 36.6% 

- FY2025: 37.8% 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in specialty chemicals; annual sales are USD 34 billion.

- Source: https://www.sec.gov/Archives/edgar/data/1707925/000162828026011430/lin-20251231.htm (filed 2026-02-25); FY2025: revenue 33986000000; grossProfit 12834000000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); LIN.US: Linde plc operates as an industrial gas company worldwide. The company offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, electronic gases, specialty gases, and acetylene. It also engages in the design and construction of turnkey process plants for third-party customers, as well as for its gas businesses, including air separation, hydrogen, synthesis, olefin, and natural gas plants. The company serves the healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics industries. It operates in the United States, Brazil, Mexico, Canada, Germany, the United Kingdom, Eastern Europe, China, Australia, South Korea, and India. Linde plc was founded in 1879 and is based in Woking, the United Kingdom.

### Why customers stay

Margins ranged from 35.1% to 37.8% during 2023–25; it earns 15.1% on its capital.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2023: grossProfit / revenue = 35.1%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2024: grossProfit / revenue = 36.6%.

- Source: https://www.sec.gov/Archives/edgar/data/1707925/000162828026011430/lin-20251231.htm (filed 2026-02-25); FY2025: grossProfit / revenue = 37.8%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); 10-year return on capital observations [[2016,0.15643778431615066],[2017,0.14503939828080228],[2018,0.05301732915700973],[2019,0.07121057086195068],[2020,0.09020873761521245],[2021,0.1362803476489045],[2022,0.17554471511274397],[2023,0.2201999305044086],[2024,0.22150125932582432],[2025,0.22385323431481988]]; median 0.15073859129847647. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Can it raise prices

"Higher pricing contributed 3% to sales." (SEC filing, Feb 2026)

- Source: https://www.sec.gov/Archives/edgar/data/1707925/000162828026011430/lin-20251231.htm (filed 2026-02-25); Higher pricing contributed 3% to sales.

### Where the cash goes

Spends 12.6% of cash earnings on expansion; earns over 100% on new investment.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2016: growth capex 0; upkeep 1465000000; owner earnings 1157000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2017: growth capex 127000000; upkeep 1184000000; owner earnings 1247000000. Growth capex / owner earnings = 0.10184442662389735.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2018: growth capex 53000000; upkeep 1830000000; owner earnings 4381000000. Growth capex / owner earnings = 0.012097694590276193.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2019: growth capex 0; upkeep 3682000000; owner earnings 3278000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2020: growth capex 0; upkeep 3400000000; owner earnings 3727000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2021: growth capex 0; upkeep 3086000000; owner earnings 5375000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2022: growth capex 0; upkeep 3173000000; owner earnings 5178000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2023: growth capex 0; upkeep 3787000000; owner earnings 6228000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2024: growth capex 125649729.21709728; upkeep 4371350270.782903; owner earnings 5973649729.217097. Growth capex / owner earnings = 0.021033996788018042.

- Source: https://www.sec.gov/Archives/edgar/data/1707925/000162828026011430/lin-20251231.htm (filed 2026-02-25); FY2025: growth capex 778907895.452074; upkeep 4482092104.547926; owner earnings 6178907895.452074. Growth capex / owner earnings = 0.12605915294924233.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); Incremental return on capital 5.181069459287307, from the economics test's unchanged annual inputs.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); Dividend observations: [[2016,856000000],[2017,901000000],[2018,1166000000],[2019,1891000000],[2020,2028000000],[2021,2189000000],[2022,2344000000],[2023,2482000000],[2024,2655000000],[2025,2811000000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/1707925/000162828026011430/lin-20251231.htm (filed 2026-02-25); FY2025: cash repurchases 4601000000 USD.

### Are managers owners

Insiders own 0.3% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); LIN.US SharesStats.PercentInsiders = 0.25 percentage points; cache date 2026-10-16.

### What the price says

The price assumes cash profits grow 13.9% yearly over ten years; actual growth was 12.9%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); Ten-year compound average after fade. Initial solved rate 0.1877205460052035. Price 493.22; FX 1; discount 0.1; same standard ten-year fade to terminal 0.03. FY2015 owner earnings/share 3.876509468165212 → FY2025 13.085500472161023. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2016-10: $117.06 per share

- 2016-11: $120.30 per share

- 2016-12: $117.19 per share

- 2017-01: $118.44 per share

- 2017-02: $118.71 per share

- 2017-03: $118.60 per share

- 2017-04: $124.98 per share

- 2017-05: $132.29 per share

- 2017-06: $132.55 per share

- 2017-07: $130.16 per share

- 2017-08: $131.54 per share

- 2017-09: $139.74 per share

- 2017-10: $146.12 per share

- 2017-11: $153.92 per share

- 2017-12: $154.68 per share

- 2018-01: $161.49 per share

- 2018-02: $149.75 per share

- 2018-03: $144.30 per share

- 2018-04: $152.52 per share

- 2018-05: $156.26 per share

- 2018-06: $158.15 per share

- 2018-07: $167.50 per share

- 2018-08: $158.19 per share

- 2018-09: $160.73 per share

- 2018-10: $165.47 per share

- 2018-11: $159.05 per share

- 2018-12: $156.04 per share

- 2019-01: $163.01 per share

- 2019-02: $173.24 per share

- 2019-03: $175.93 per share

- 2019-04: $180.26 per share

- 2019-05: $180.55 per share

- 2019-06: $200.80 per share

- 2019-07: $191.28 per share

- 2019-08: $188.91 per share

- 2019-09: $193.72 per share

- 2019-10: $198.35 per share

- 2019-11: $206.21 per share

- 2019-12: $212.90 per share

- 2020-01: $203.13 per share

- 2020-02: $191.01 per share

- 2020-03: $173.00 per share

- 2020-04: $183.99 per share

- 2020-05: $202.34 per share

- 2020-06: $212.11 per share

- 2020-07: $245.11 per share

- 2020-08: $249.74 per share

- 2020-09: $238.13 per share

- 2020-10: $220.34 per share

- 2020-11: $256.42 per share

- 2020-12: $263.51 per share

- 2021-01: $245.40 per share

- 2021-02: $244.27 per share

- 2021-03: $280.14 per share

- 2021-04: $285.84 per share

- 2021-05: $300.60 per share

- 2021-06: $289.10 per share

- 2021-07: $307.39 per share

- 2021-08: $314.59 per share

- 2021-09: $293.38 per share

- 2021-10: $319.20 per share

- 2021-11: $318.14 per share

- 2021-12: $346.43 per share

- 2022-01: $318.68 per share

- 2022-02: $293.24 per share

- 2022-03: $319.43 per share

- 2022-04: $311.96 per share

- 2022-05: $324.68 per share

- 2022-06: $287.53 per share

- 2022-07: $302.00 per share

- 2022-08: $282.86 per share

- 2022-09: $269.59 per share

- 2022-10: $297.35 per share

- 2022-11: $336.48 per share

- 2022-12: $326.18 per share

- 2023-01: $330.94 per share

- 2023-02: $348.37 per share

- 2023-03: $355.44 per share

- 2023-04: $369.45 per share

- 2023-05: $353.66 per share

- 2023-06: $381.08 per share

- 2023-07: $390.67 per share

- 2023-08: $387.04 per share

- 2023-09: $372.35 per share

- 2023-10: $382.16 per share

- 2023-11: $413.77 per share

- 2023-12: $410.71 per share

- 2024-01: $404.83 per share

- 2024-02: $448.82 per share

- 2024-03: $464.32 per share

- 2024-04: $440.96 per share

- 2024-05: $435.52 per share

- 2024-06: $438.81 per share

- 2024-07: $453.50 per share

- 2024-08: $478.25 per share

- 2024-09: $476.86 per share

- 2024-10: $456.15 per share

- 2024-11: $460.99 per share

- 2024-12: $418.67 per share

- 2025-01: $446.12 per share

- 2025-02: $467.05 per share

- 2025-03: $465.64 per share

- 2025-04: $453.23 per share

- 2025-05: $467.58 per share

- 2025-06: $469.18 per share

- 2025-07: $460.26 per share

- 2025-08: $478.29 per share

- 2025-09: $475.00 per share

- 2025-10: $418.30 per share

- 2025-11: $410.32 per share

- 2025-12: $426.39 per share

- 2026-01: $456.97 per share

- 2026-02: $508.08 per share

- 2026-03: $495.76 per share

- 2026-04: $501.14 per share

- 2026-05: $497.69 per share

- 2026-06: $518.94 per share

- 2026-07: $478.38 per share

- 2026-08: $489.58 per share

- 2026-09: $474.65 per share

- 2026-10: $492.11 per share

## Annual estimated value (USD per share)

- FY2016: low $45.04 per share, central $51.10 per share, high $59.16 per share

- FY2017: low $48.83 per share, central $55.38 per share, high $64.10 per share

- FY2018: low $67.69 per share, central $77.67 per share, high $88.34 per share

- FY2019: low $71.22 per share, central $87.17 per share, high $101.03 per share

- FY2020: low $75.13 per share, central $89.74 per share, high $103.56 per share

- FY2021: low $98.03 per share, central $118.07 per share, high $136.90 per share

- FY2022: low $130.52 per share, central $158.54 per share, high $183.32 per share

- FY2023: low $121.35 per share, central $136.96 per share, high $157.74 per share

- FY2024: low $147.95 per share, central $178.20 per share, high $206.26 per share

- FY2025: low $164.66 per share, central $203.08 per share, high $235.45 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

Prior published observations retained from 2026-10-15T06:35:35.796Z where newer inputs omit a numeric field or fiscal period.

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1707925/000162828026011430/lin-20251231.htm); period 2025-12-31, filed 2026-02-25.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [Nicolai Tangen](https://gigainvestors.com/AKO): 64,789 LIN shares; USD 33,622,000 reported position value; 0.78% of portfolio; reduce; quarter 2026 Q2.
- [David Hoeft](https://gigainvestors.com/DAC): 1,326,590 LIN shares; USD 688,421,000 reported position value; 0.36% of portfolio; hold; quarter 2026 Q2.
- [John Armitage](https://gigainvestors.com/EC): 300,854 LIN shares; USD 156,125,000 reported position value; 1.51% of portfolio; reduce; quarter 2026 Q2.
- [Allen Bond](https://gigainvestors.com/JIM): 1,290 LIN shares; USD 669,000 reported position value; 0.02% of portfolio; hold; quarter 2026 Q2.
- [Stephen Mandel](https://gigainvestors.com/LPC): 1,558,081 LIN shares; USD 808,551,000 reported position value; 4.94% of portfolio; new; quarter 2026 Q2.
- [Thomas Gayner](https://gigainvestors.com/MKL): 215,600 LIN shares; USD 111,883,000 reported position value; 0.85% of portfolio; add; quarter 2026 Q2.
- [Wallace Weitz](https://gigainvestors.com/WIM): 7,100 LIN shares; USD 3,684,000 reported position value; 0.26% of portfolio; reduce; quarter 2026 Q2.

# LIN — Linde plc

Held by 7 investors · USD 1,802,955,000 total · 2026 Q2 · reported price USD 518.94 (split-adjusted).
Page: https://gigainvestors.com/s/LIN

## Holders (2026 Q2)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Stephen Mandel (https://gigainvestors.com/LPC) | USD 808,551,000 | 4.9% | new |
| David Hoeft (https://gigainvestors.com/DAC) | USD 688,421,000 | 0.4% | hold |
| John Armitage (https://gigainvestors.com/EC) | USD 156,125,000 | 1.5% | reduce -71.84% |
| Thomas Gayner (https://gigainvestors.com/MKL) | USD 111,883,000 | 0.9% | add +5.38% |
| Nicolai Tangen (https://gigainvestors.com/AKO) | USD 33,622,000 | 0.8% | reduce -51.88% |
| Wallace Weitz (https://gigainvestors.com/WIM) | USD 3,684,000 | 0.3% | reduce -1.39% |
| Allen Bond (https://gigainvestors.com/JIM) | USD 669,000 | <0.1% | hold |

## Total held by quarter

- 2018 Q4: USD 365,869,648 · 2 holders · USD 156.05
- 2019 Q1: USD 768,535,052 · 3 holders · USD 175.93
- 2019 Q2: USD 417,076,225 · 3 holders · USD 200.81
- 2019 Q3: USD 538,990,578 · 3 holders · USD 193.72
- 2019 Q4: USD 583,713,156 · 3 holders · USD 212.91
- 2020 Q1: USD 1,209,676,959 · 5 holders · USD 173.00
- 2020 Q2: USD 1,495,458,969 · 4 holders · USD 212.11
- 2020 Q3: USD 1,404,468,875 · 4 holders · USD 238.14
- 2020 Q4: USD 1,746,757,084 · 4 holders · USD 263.52
- 2021 Q1: USD 2,121,306,599 · 4 holders · USD 280.18
- 2021 Q2: USD 2,177,523,037 · 4 holders · USD 289.10
- 2021 Q3: USD 2,204,018,960 · 4 holders · USD 293.38
- 2021 Q4: USD 1,470,777,935 · 4 holders · USD 346.45
- 2022 Q1: USD 1,451,309,148 · 4 holders · USD 319.44
- 2022 Q2: USD 702,618,681 · 4 holders · USD 287.52
- 2022 Q3: USD 560,416,766 · 4 holders · USD 269.61
- 2022 Q4: USD 312,848,219 · 3 holders · USD 326.18
- 2023 Q1: USD 437,474,418 · 5 holders · USD 355.44
- 2023 Q2: USD 541,295,293 · 4 holders · USD 381.08
- 2023 Q3: USD 290,432,024 · 4 holders · USD 372.36
- 2023 Q4: USD 295,546,463 · 4 holders · USD 410.71
- 2024 Q1: USD 841,190,838 · 5 holders · USD 464.32
- 2024 Q2: USD 804,529,852 · 5 holders · USD 438.81
- 2024 Q3: USD 879,331,733 · 5 holders · USD 476.86
- 2024 Q4: USD 684,130,746 · 5 holders · USD 418.67
- 2025 Q1: USD 746,852,316 · 5 holders · USD 465.64
- 2025 Q2: USD 753,700,729 · 5 holders · USD 469.18
- 2025 Q3: USD 764,658,355 · 5 holders · USD 475.00
- 2025 Q4: USD 661,610,563 · 5 holders · USD 426.39
- 2026 Q1: USD 1,359,711,989 · 6 holders · USD 495.76
- 2026 Q2: USD 1,802,955,000 · 7 holders · USD 518.94