LECO

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Lincoln Electric Holdings, Inc.

Cyclical demand Physical products Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $269.40
52-Week Range: $216.22 – $310.00
Market Cap: $14.96B
P/E (TTM): 27.41
EPS (TTM): 10.01
Dividend Yield: 1.15%

Advanced Metrics

Price/Book: 9.62
PEG Ratio: 1.55
Return on Equity: 37.74%
Return on Assets: 12.97%
Gross Margin: 36.05%
Operating Margin: 18.24%
Profit Margin: 12.35%
Current Ratio: 1.98
Debt/Equity: 0.77
Total Debt: $1.20B
Free Cash Flow: $307.08M
Revenue Growth: 12.00%
Earnings Growth: 12.50%
Enterprise Value: $15.91B

LECO Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$3.76B	$4.19B	$4.01B	$4.23B
Cost of Revenue	$2.48B	$2.73B	$2.54B	$2.70B
Gross Profit	$1.28B	$1.47B	$1.47B	$1.53B
Selling, General & Admin	$656.64M	$758.91M	$780.59M	$797.99M
Operating Expenses	$656.64M	$758.91M	$780.59M	$797.99M
Operating Income	$624.12M	$706.53M	$692.32M	$736.26M
EBITDA	$700.39M	$817.91M	$725.17M	$825.56M
Pretax Income	$592.83M	$686.87M	$594.15M	$675.45M
Income Tax	$120.60M	$141.62M	$128.04M	$154.92M
Net Income	$472.22M	$545.25M	$466.11M	$520.53M
Diluted EPS	8.04	9.37	8.15	9.32
Diluted Shares	58.75M	58.22M	57.19M	55.88M

LECO Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$197.15M	$393.79M	$377.26M	$308.79M
Receivables	$541.53M	$538.83M	$481.98M	$538.79M
Inventory	$665.45M	$562.86M	$544.04M	$633.36M
Current Assets	$1.56B	$1.69B	$1.65B	$1.74B
Total Assets	$3.18B	$3.38B	$3.52B	$3.78B
Current Liabilities	$852.90M	$754.61M	$878.80M	$956.69M
Long-Term Debt	$1.11B	$1.10B	$1.15B	$1.15B
Total Debt	$1.20B	$1.11B	$1.26B	$1.29B
Total Liabilities	$2.15B	$2.07B	$2.19B	$2.31B
Retained Earnings	$3.31B	$3.69B	$3.99B	$4.34B
Shareholders' Equity	$1.03B	$1.31B	$1.33B	$1.47B
Working Capital	$704.89M	$938.50M	$766.48M	$782.82M
Net Debt	$1.01B	$711.42M	$883.81M	$982.54M

LECO Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$383.39M	$667.54M	$598.98M	$661.17M
Capital Expenditure	-$71.88M	-$90.99M	-$116.60M	-$126.97M
Free Cash Flow	$311.50M	$576.55M	$482.37M	$534.20M
Depreciation & Amortisation	$78.06M	$86.67M	$88.24M	$98.55M
Stock-Based Compensation	$25.27M	$26.23M	$24.05M	$20.35M
Investing Cash Flow	-$504.69M	-$74.73M	-$361.23M	-$257.33M
Financing Cash Flow	$133.72M	-$412.39M	-$244.64M	-$461.89M
Dividends Paid	-$130.72M	-$148.01M	-$162.14M	-$168.24M
Share Repurchases	-$181.29M	-$198.76M	-$263.75M	-$338.31M
Net Change in Cash	$12.42M	$180.42M	-$6.89M	-$58.04M

LECO Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$1.00B	$1.09B	$1.06B	$1.08B	$1.12B	$1.22B
Cost of Revenue	$638.94M	$683.13M	$671.92M	$704.77M	$722.30M	$770.67M
Gross Profit	$365.45M	$405.55M	$389.31M	$373.95M	$399.13M	$449.00M
Selling, General & Admin	$196.66M	$210.86M	$206.82M	$183.65M	$210.81M	$224.87M
Operating Expenses	$196.66M	$210.86M	$206.82M	$183.65M	$210.81M	$224.87M
Operating Income	$168.78M	$194.69M	$182.49M	$190.30M	$188.32M	$224.13M
EBITDA	$189.15M	$220.64M	$204.39M	$211.38M	$212.74M	$246.37M
Pretax Income	$153.24M	$183.56M	$166.00M	$172.66M	$173.35M	$207.88M
Income Tax	$34.75M	$40.16M	$43.37M	$36.64M	$36.97M	$49.36M
Net Income	$118.49M	$143.40M	$122.63M	$136.02M	$136.38M	$158.52M
Diluted EPS	2.10	2.56	2.21	2.45	2.47	2.88
Diluted Shares	56.53M	55.97M	55.57M	55.41M	55.32M	55.10M

LECO Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$394.70M	$299.48M	$293.00M	$308.79M	$298.90M	$242.44M
Receivables	$522.72M	$554.28M	$501.54M	$538.79M	$598.32M	$586.35M
Inventory	$574.33M	$621.44M	$671.51M	$633.36M	$693.94M	$690.54M
Current Assets	$1.73B	$1.73B	$1.78B	$1.74B	$1.86B	$1.76B
Total Assets	$3.63B	$3.73B	$3.82B	$3.78B	$3.90B	$3.81B
Current Liabilities	$969.85M	$1.03B	$1.04B	$956.69M	$1.02B	$888.08M
Long-Term Debt	$1.15B	$1.15B	$1.15B	$1.15B	$1.15B	$1.15B
Total Debt	$1.26B	$1.26B	$1.24B	$1.29B	$1.31B	$1.15B
Total Liabilities	$2.28B	$2.35B	$2.40B	$2.31B	$2.39B	$2.26B
Retained Earnings	$4.07B	$4.17B	$4.25B	$4.34B	$4.44B	$4.55B
Shareholders' Equity	$1.34B	$1.38B	$1.41B	$1.47B	$1.51B	$1.55B
Working Capital	$759.77M	$699.99M	$740.55M	$782.82M	$843.09M	$872.47M
Net Debt	$865.39M	$956.24M	$945.52M	$982.54M	$1.01B	$905.27M

LECO Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$185.69M	$143.83M	$236.69M	$94.97M	$102.17M	$253.76M
Capital Expenditure	-$26.95M	-$25.44M	-$31.64M	-$42.95M	-$39.16M	-$31.44M
Free Cash Flow	$158.74M	$118.39M	$205.05M	$52.02M	$63.01M	$222.33M
Depreciation & Amortisation	$23.78M	$24.46M	$24.74M	$25.56M	$26.01M	$25.97M
Stock-Based Compensation	$8.35M	$3.92M	$3.63M	$4.44M	$9.58M	$4.88M
Investing Cash Flow	-$22.30M	-$57.17M	-$134.81M	-$43.05M	-$38.72M	-$30.49M
Financing Cash Flow	-$144.49M	-$173.22M	-$107.69M	-$36.49M	-$72.57M	-$283.02M
Dividends Paid	-$42.98M	-$41.93M	-$41.57M	-$41.76M	-$44.07M	-$43.40M
Share Repurchases	-$106.69M	-$127.13M	-$52.66M	-$51.82M	-$56.67M	-$76.12M
Net Change in Cash	$18.90M	-$86.56M	-$5.80M	$15.42M	-$9.11M	-$59.74M

Market Snapshot

About

Lincoln Electric Holdings is a global manufacturer of welding, cutting, and brazing products, as well as the largest global manufacturer of arc welding equipment and consumables. The company serves a diverse range of industries including automotive, construction, energy, and general fabrication. Lincoln Electric also provides automated joining, assembly, and cutting systems through its automation business.