VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Wednesday, January 14, 2026

Stock Comparison

Linde plc vs PPG Industries, Inc.

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Linde plc

LIN · Nasdaq Stock Market

Market cap (USD)$207.4B
Gross margin (TTM)40.5%
Operating margin (TTM)27.2%
Net margin (TTM)21.2%
SectorMaterials
IndustryChemicals - Specialty
CountryIE
Data as of2025-12-29
Moat score
72/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Linde plc's moat claims, evidence, and risks.

View LIN analysis

PPG Industries, Inc.

PPG · New York Stock Exchange

Market cap (USD)
Gross margin (TTM)
Operating margin (TTM)
Net margin (TTM)
SectorMaterials
Industry
CountryUS
Data as of2026-01-12
Moat score
62/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into PPG Industries, Inc.'s moat claims, evidence, and risks.

View PPG analysis

Comparison highlights

  • Moat score gap: Linde plc leads (72 / 100 vs 62 / 100 for PPG Industries, Inc.).
  • Segment focus: Linde plc has 4 segments (43.8% in Americas); PPG Industries, Inc. has 3 segments (42.2% in Industrial Coatings).
  • Primary market structure: Oligopoly vs Oligopoly. Pricing power: Moderate vs Weak.
  • Moat breadth: Linde plc has 5 moat types across 3 domains; PPG Industries, Inc. has 7 across 3.

Primary market context

Linde plc

Americas

Market

Industrial gases (Americas)

Geography

Americas

Customer

B2B + healthcare

Role

Producer, distributor, on-site plant owner/operator

Revenue share

43.8%

PPG Industries, Inc.

Industrial Coatings

Market

Industrial coatings for OEM/manufacturing (automotive OEM, general industrial, packaging coatings, specialty materials)

Geography

Global

Customer

Automotive OEMs and tier suppliers, industrial manufacturers, can/closure and packaging producers

Role

Coatings/materials supplier integrated into OEM production processes

Revenue share

42.2%

Side-by-side metrics

Linde plc
PPG Industries, Inc.
Ticker / Exchange
LIN - Nasdaq Stock Market
PPG - New York Stock Exchange
Market cap (USD)
$207.4B
n/a
Gross margin (TTM)
40.5%
n/a
Operating margin (TTM)
27.2%
n/a
Net margin (TTM)
21.2%
n/a
Sector
Materials
Materials
Industry
Chemicals - Specialty
n/a
HQ country
IE
US
Primary segment
Americas
Industrial Coatings
Market structure
Oligopoly
Oligopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Weak
Moat score
72 / 100
62 / 100
Moat domains
Demand, Supply, Legal
Demand, Supply, Legal
Last update
2025-12-29
2026-01-12

Moat coverage

Shared moat types

Scale Economies Unit Cost

Linde plc strengths

Long Term ContractsPhysical Network DensityCapex Knowhow ScaleIP Choke Point

PPG Industries, Inc. strengths

Brand TrustDistribution ControlService Field NetworkLearning Curve YieldDesign In QualificationCompliance Advantage

Segment mix

Linde plc segments

Full profile >

Americas

Oligopoly

43.8%

EMEA

Oligopoly

25.3%

APAC

Oligopoly

20.1%

Engineering

Competitive

7%

PPG Industries, Inc. segments

Full profile >

Global Architectural Coatings

Competitive

24.7%

Performance Coatings

Oligopoly

33.1%

Industrial Coatings

Oligopoly

42.2%

Want the full wide moat stocks list?

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Proven models entering the expansion stage with unit economics that work.

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.