Lincoln Electric Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	308.79	377.26	393.79	197.15	192.96
Cash & Short-Term Investments	308.79	377.26	393.79	197.15	192.96
Cash Growth	-18.15%	-4.20%	99.74%	2.17%	-25.00%
Receivables	617	563.76	580.65	576.78	454.37
Inventory	633.36	544.04	562.86	665.45	539.92
Prepaid Expenses	-	-	-	-	20.62
Other Current Assets	180.36	160.22	155.81	118.41	81.73
Total Current Assets	1,740	1,645	1,693	1,558	1,290
Property, Plant & Equipment	755.75	673.46	628.6	589.68	559.71
Long-Term Investments	-	-	1.46	-	-
Goodwill	886.69	804.93	694.45	665.26	430.16
Other Intangible Assets	250.42	221.01	186.67	202.71	149.39
Long-Term Deferred Tax Assets	47.08	77.61	45.18	22.81	18.32
Other Long-Term Assets	98.13	97.86	127.83	142.3	145.13
Total Assets	3,778	3,520	3,377	3,181	2,592
Accounts Payable	364.93	296.59	325.44	352.08	330.23
Accrued Expenses	120.68	107.93	113.2	112.3	111.8
Short-Term Debt	143.78	10.52	2.44	82.44	51.96
Current Portion of Long-Term Debt	-	100	0	11.04	0.77
Current Portion of Leases	13.46	13.11	13.1	10.38	10.22
Current Unearned Revenue	112.23	121.43	92.49	113.53	112.5
Other Current Liabilities	201.61	229.21	207.95	171.14	138.43
Total Current Liabilities	956.69	878.8	754.61	852.9	755.91
Long-Term Debt	1,150	1,151	1,103	1,110	717.09
Long-Term Leases	40.06	42.12	41.58	35.95	38.96
Pension & Post-Retirement Benefits	35.82	35.98	45.24	40	59.57
Long-Term Deferred Tax Liabilities	52.1	10.46	13.15	17.02	56.72
Other Long-Term Liabilities	72.88	74.79	111.1	90.25	100.16
Total Liabilities	2,308	2,193	2,068	2,147	1,728
Common Stock	9.86	9.86	9.86	9.86	9.86
Additional Paid-In Capital	601.57	566.74	523.36	481.86	451.27
Retained Earnings	4,342	3,993	3,688	3,307	2,970
Treasury Stock	-3,278	-2,942	-2,683	-2,489	-2,310
Comprehensive Income & Other	-205.93	-300.14	-229.85	-275.4	-257.39
Total Common Equity	1,470	1,327	1,309	1,034	864.1
Minority Interest	-	-	-	-	-0.19
Shareholders' Equity	1,470	1,327	1,309	1,034	863.91
Total Liabilities & Equity	3,778	3,520	3,377	3,181	2,592
Total Debt	1,348	1,316	1,160	1,250	819
Net Cash (Debt)	-1,039	-939.05	-766.1	-1,053	-626.04
Net Cash Per Share	-18.59	-16.42	-13.16	-17.92	-10.42
Filing Date Shares Outstanding	54.81	56.1	56.82	57.58	58.73
Total Common Shares Outstanding	54.85	56.21	56.98	57.62	58.79
Working Capital	782.82	766.48	938.5	704.89	533.69
Book Value Per Share	26.80	23.62	22.97	17.94	14.70
Tangible Book Value	332.68	301.5	427.73	166.08	284.55
Tangible Book Value Per Share	6.07	5.36	7.51	2.88	4.84
Land	66.04	64.02	67.95	71.45	67.9
Buildings	499.51	445.32	445.04	447.1	426.17
Machinery	1,080	975.48	939.32	916.87	885.72

Source: S&P Global Market Intelligence. Standard template. Financial Sources.