LIN vs NVO
Comparison between Linde Plc. (LIN, Company) and Novo Nordisk (NVO, Company).
LIN is from the Basic Materials sector, while NVO is from the Healthcare sector.
5-Year PerformanceLIN has outperformed NVO, delivering a return of +12.9% compared to +4.3%
LIN vs NVO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
LIN vs NVO - Historical Returns
Returns include dividend reinvestment.
LIN vs NVO - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | LIN | NVO |
|---|---|---|
| 2026 | +18.46% | -2.49% |
| 2025 | +4.33% | -40.30% |
| 2024 | +3.46% | -14.82% |
| 2023 | +30.80% | +52.98% |
| 2022 | -2.20% | +26.30% |
| 2021 | +35.80% | +59.85% |
| 2020 | +27.19% | +22.30% |
| 2019 | +38.03% | +26.72% |
| 2018 | -7.11% | -13.76% |
| 2017 | N/A | +52.70% |
| 2016 | N/A | -36.16% |
| 2015 | N/A | +38.20% |
| 2014 | N/A | +16.84% |
| 2013 | N/A | +12.95% |
| 2012 | N/A | +41.35% |
| 2011 | N/A | +4.80% |
| 2010 | N/A | +73.64% |
| 2009 | N/A | +22.93% |
| 2008 | N/A | -18.66% |
| 2007 | N/A | +57.08% |
| 2006 | N/A | +48.69% |
| 2005 | N/A | +7.34% |
| 2004 | N/A | +33.06% |
| 2003 | N/A | +40.89% |
| 2002 | N/A | -27.39% |
| 2001 | N/A | +13.36% |
| 2000 | N/A | +32.47% |
| 1999 | N/A | +6.16% |
LIN vs NVO Drawdown Comparison
The maximum drawdown for LIN was -32.57%, occurring on Mar 23, 2020. Recovery took 96 trading sessions.
The maximum drawdown for NVO was -74.71%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current LIN drawdown is -7.61%. The current NVO drawdown is -64.16%.
| Rank | LIN | NVO |
|---|---|---|
| #1 | -32.57% Feb 18, 2020 - Jul 6, 2020 | -74.71% Jun 25, 2024 - Mar 27, 2026 |
| #2 | -22.82% Dec 31, 2021 - Nov 23, 2022 | -51.38% Aug 6, 2001 - Feb 9, 2004 |
| #3 | -19.19% Sep 11, 2025 - Feb 17, 2026 | -46.53% Aug 3, 2015 - Jan 19, 2018 |
| #4 | -16.65% Sep 2, 2020 - Nov 10, 2020 | -41.56% Apr 8, 2008 - Feb 16, 2010 |
| #5 | -14.86% Oct 18, 2024 - Aug 20, 2025 | -28.04% Apr 21, 2011 - Feb 7, 2012 |
| #6 | -11.91% Oct 2, 2018 - Feb 15, 2019 | -27.56% Jan 26, 2018 - Nov 1, 2019 |
| #7 | -11.64% Mar 13, 2024 - Aug 30, 2024 | -26.73% Sep 26, 2000 - Jun 20, 2001 |
| #8 | -11.00% Nov 25, 2022 - Feb 24, 2023 | -23.65% Mar 4, 2020 - Apr 20, 2020 |
| #9 | -10.91% Jul 23, 2019 - Nov 13, 2019 | -21.43% Feb 6, 2013 - Jan 10, 2014 |
| #10 | -10.53% Jan 6, 2021 - Mar 16, 2021 | -21.36% Apr 7, 2022 - Nov 28, 2022 |
| #11 | -8.45% Mar 3, 2023 - Apr 13, 2023 | -20.48% Dec 16, 2021 - Apr 6, 2022 |
| #12 | -7.61% Jul 2, 2026 - Jul 21, 2026 | -19.00% Apr 21, 2005 - Mar 3, 2006 |
| #13 | -7.05% Sep 7, 2021 - Oct 25, 2021 | -16.44% Jan 10, 2000 - May 3, 2000 |
| #14 | -6.52% Sep 14, 2023 - Nov 3, 2023 | -14.94% Dec 4, 2007 - Feb 22, 2008 |
| #15 | -6.37% Jun 1, 2021 - Jul 30, 2021 | -14.66% Oct 22, 2012 - Jan 10, 2013 |
Correlation
Correlation between LIN and NVO is 0.70 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (2000 - 2026)
LIN vs NVO dividend yield comparison.
| Year | LIN | NVO |
|---|---|---|
| 2026 | 0.63% | 2.47% |
| 2025 | 1.41% | 3.31% |
| 2024 | 1.33% | 1.68% |
| 2023 | 1.24% | 1.00% |
| 2022 | 1.43% | 1.20% |
| 2021 | 1.22% | 1.35% |
| 2020 | 1.46% | 1.87% |
| 2019 | 1.64% | 2.14% |
| 2018 | 0.53% | 1.45% |
| 2017 | 0.00% | 1.52% |
| 2016 | 0.00% | 2.87% |
| 2015 | 0.00% | 0.92% |
| 2014 | 0.00% | 1.43% |
| 2013 | 0.00% | 1.23% |
| 2012 | 0.00% | 1.12% |
| 2011 | 0.00% | 1.18% |
| 2010 | 0.00% | 0.87% |
| 2009 | 0.00% | 1.22% |
| 2008 | 0.00% | 1.32% |
| 2007 | 0.00% | 0.69% |
| 2006 | 0.00% | 0.83% |
| 2005 | 0.00% | 1.10% |
| 2004 | 0.00% | 0.96% |
| 2003 | 0.00% | 0.92% |
| 2002 | 0.00% | 0.98% |
| 2001 | 0.00% | 0.57% |
| 2000 | 0.00% | 0.53% |
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