lincoln electric holdings inc. - LECO

LECO

Close Chg Chg %
276.44 0.61 0.22%

Pre-Market

277.05

+0.61 (0.22%)

Volume: 304.84K

Last Updated:

Sep 8, 2026, 4:00 PM EDT

Company Overview: lincoln electric holdings inc. - LECO

LECO Key Data

Open

$276.83

Day Range

273.71 - 279.98

52 Week Range

216.22 - 310.00

Market Cap

$15.07B

Shares Outstanding

54.51M

Public Float

53.62M

Beta

1.22

Rev. Per Employee

N/A

P/E Ratio

27.63

EPS

$10.09

Yield

112.86%

Dividend

$0.79

EX-DIVIDEND DATE

Sep 30, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

457.21K

 

LECO Performance

1 Week
 
0.00%
 
1 Month
 
-1.96%
 
3 Months
 
7.04%
 
1 Year
 
15.60%
 
5 Years
 
107.34%
 

LECO Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 15
Full Ratings ➔

About lincoln electric holdings inc. - LECO

Lincoln Electric Holdings, Inc. engages in the manufacture of arc welding equipment, consumable welding products, and other welding and cutting products. It operates through the following segments: Americas Welding, International Welding, and The Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment primarily deals with welding operations in Europe, Africa, Asia, and Australia. The Harris Products Group segment refers to the company's global cutting, soldering, and brazing businesses as well as the retail business in the United States. The company was founded by John C. Lincoln and James F. Lincoln on December 5, 1895 and is headquartered in Cleveland, OH.

LECO At a Glance

Lincoln Electric Holdings, Inc.
22801 St. Claire Avenue
Cleveland, Ohio 44117-1199
Phone 1-216-481-8100 Revenue 4.23B
Industry Industrial Machinery Net Income 520.53M
Sector Producer Manufacturing 2025 Sales Growth 5.521%
Fiscal Year-end 12 / 2026 Employees 12,000
View SEC Filings

LECO Valuation

P/E Current 27.634
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 25.723
Price to Sales Ratio 3.165
Price to Book Ratio 8.942
Price to Cash Flow Ratio 20.25
Enterprise Value to EBITDA 17.736
Enterprise Value to Sales 3.41
Total Debt to Enterprise Value 0.093

LECO Efficiency

Revenue/Employee 352,554.50
Income Per Employee 43,377.75
Receivables Turnover 6.857
Total Asset Turnover 1.159

LECO Liquidity

Current Ratio 1.818
Quick Ratio 1.156
Cash Ratio 0.323

LECO Profitability

Gross Margin 36.298
Operating Margin 16.899
Pretax Margin 15.966
Net Margin 12.304
Return on Assets 14.266
Return on Equity 37.218
Return on Total Capital 18.476
Return on Invested Capital 20.097

LECO Capital Structure

Total Debt to Total Equity 91.681
Total Debt to Total Capital 47.83
Total Debt to Total Assets 35.672
Long-Term Debt to Equity 80.983
Long-Term Debt to Total Capital 42.249
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Lincoln Electric Holdings Inc. - LECO

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
3.76B 4.19B 4.01B 4.23B
Sales Growth
+16.35% +11.33% -4.23% +5.52%
Cost of Goods Sold (COGS) incl D&A
2.48B 2.71B 2.53B 2.70B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
78.06M 86.67M 88.24M 98.55M
Depreciation
56.15M 60.69M 61.16M 68.83M
Amortization of Intangibles
21.91M 25.98M 27.07M 29.72M
COGS Growth
+14.85% +9.42% -6.76% +6.47%
Gross Income
1.28B 1.47B 1.48B 1.54B
Gross Income Growth
+19.37% +15.05% +0.43% +3.90%
Gross Profit Margin
+34.02% +35.15% +36.86% +36.30%
2022 2023 2024 2025 5-year trend
SG&A Expense
659.07M 776.64M 760.94M 820.67M
Research & Development
63.21M 71.23M 81.82M 85.55M
Other SG&A
595.86M 705.41M 679.12M 735.12M
SGA Growth
+9.08% +17.84% -2.02% +7.85%
Other Operating Expense
- - - -
-
Unusual Expense
14.09M (20.26M) 77.75M (5.86M)
EBIT after Unusual Expense
606.00M 715.32M 639.26M 720.81M
Non Operating Income/Expense
17.93M 22.68M 9.20M 15.77M
Non-Operating Interest Income
1.61M 6.76M 10.13M 6.82M
Equity in Earnings of Affiliates
(153.00K) 556.00K 235.00K 1.95M
Interest Expense
31.11M 51.13M 54.31M 61.13M
Interest Expense Growth
+30.81% +64.38% +6.21% +12.56%
Gross Interest Expense
31.11M 51.13M 54.31M 61.13M
Interest Capitalized
- - - -
-
Pretax Income
592.83M 686.87M 594.15M 675.45M
Pretax Income Growth
+82.41% +15.86% -13.50% +13.68%
Pretax Margin
+15.77% +16.41% +14.82% +15.97%
Income Tax
120.60M 141.62M 128.04M 154.92M
Income Tax - Current - Domestic
113.40M 119.65M 131.16M 29.26M
Income Tax - Current - Foreign
55.66M 45.83M 38.00M 42.69M
Income Tax - Deferred - Domestic
(45.18M) (16.34M) (35.85M) 87.10M
Income Tax - Deferred - Foreign
(3.28M) (7.51M) (5.27M) (4.12M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
(153.00K) 556.00K 235.00K 1.95M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
472.22M 545.25M 466.11M 520.53M
Minority Interest Expense
- - - -
-
Net Income
472.22M 545.25M 466.11M 520.53M
Net Income Growth
+70.81% +15.46% -14.51% +11.68%
Net Margin Growth
+12.56% +13.02% +11.63% +12.30%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
472.22M 545.25M 466.11M 520.53M
Preferred Dividends
- - - -
-
Net Income Available to Common
472.22M 545.25M 466.11M 520.53M
EPS (Basic)
8.1376 9.5051 8.2294 9.3942
EPS (Basic) Growth
+74.57% +16.80% -13.42% +14.15%
Basic Shares Outstanding
58.03M 57.36M 56.64M 55.41M
EPS (Diluted)
8.038 9.3651 8.1496 9.316
EPS (Diluted) Growth
+74.63% +16.51% -12.98% +14.31%
Diluted Shares Outstanding
58.75M 58.22M 57.19M 55.88M
EBITDA
698.15M 781.73M 805.25M 813.50M
EBITDA Growth
+27.28% +11.97% +3.01% +1.02%
EBITDA Margin
+18.57% +18.67% +20.08% +19.23%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 305.556
Number of Ratings 15 Current Quarters Estimate 2.823
FY Report Date 09 / 2026 Current Year's Estimate 11.22
Last Quarter’s Earnings 2.93 Median PE on CY Estimate N/A
Year Ago Earnings 9.87 Next Fiscal Year Estimate 12.534
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 11 11 11
Mean Estimate 2.82 2.96 11.22 12.53
High Estimates 2.89 3.05 11.37 13.18
Low Estimate 2.79 2.88 11.10 12.25
Coefficient of Variance 1.20 2.09 0.79 2.08

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 5 4
OVERWEIGHT 2 2 2
HOLD 7 7 3
UNDERWEIGHT 1 1 3
SELL 0 0 1
MEAN Overweight Overweight Hold

Insider Actions for Lincoln Electric Holdings Inc. - LECO

Date Name Shares Transaction Value
Apr 21, 2026 Curtis E. Espeland Director 19,110 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 21, 2026 Michael F. Hilton Director 13,880 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 21, 2026 Kathryn Jo Lincoln Director 34,770 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 21, 2026 Brian F. Chambers Director 4,351 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 21, 2026 Marc A. Howze Director 2,550 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 21, 2026 N. Joy Falotico Director 1,523 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 21, 2026 Ben P. Patel Director 8,567 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 21, 2026 Patrick P. Goris Director 9,176 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 21, 2026 Bonnie Jean Fetch Director 2,707 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

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