Lincoln Electric Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	293	377.26	393.79	197.15	192.96	257.28
Cash & Short-Term Investments	293	377.26	393.79	197.15	192.96	257.28
Cash Growth	-27.52%	-4.20%	99.74%	2.17%	-25.00%	28.92%
Receivables	610.62	563.76	580.65	576.78	454.37	395.6
Inventory	671.52	544.04	562.86	665.45	539.92	381.26
Prepaid Expenses	-	-	-	-	20.62	19.58
Other Current Assets	204.84	160.22	155.81	118.41	81.73	58.62
Total Current Assets	1,780	1,645	1,693	1,558	1,290	1,112
Property, Plant & Equipment	732.81	673.46	628.6	589.68	559.71	565.66
Long-Term Investments	-	-	1.46	-	-	-
Goodwill	887.89	804.93	694.45	665.26	430.16	335.59
Other Intangible Assets	-	221.01	186.67	202.71	149.39	134.45
Long-Term Deferred Tax Assets	-	77.61	45.18	22.81	18.32	16.96
Other Long-Term Assets	414.44	97.86	127.83	142.3	145.13	149.45
Total Assets	3,815	3,520	3,377	3,181	2,592	2,314
Accounts Payable	398.72	296.59	325.44	352.08	330.23	256.53
Accrued Expenses	212.63	138.83	113.2	112.3	111.8	102.21
Short-Term Debt	88.2	10.52	2.44	82.44	51.96	2.62
Current Portion of Long-Term Debt	0	100	0	11.04	0.77	0.11
Current Portion of Leases	13.83	13.11	13.1	10.38	10.22	11.5
Current Unearned Revenue	93.04	121.43	92.49	113.53	112.5	36.32
Other Current Liabilities	233.01	198.31	207.95	171.14	138.43	140.15
Total Current Liabilities	1,039	878.8	754.61	852.9	755.91	549.45
Long-Term Debt	1,150	1,151	1,103	1,110	717.09	715.46
Long-Term Leases	42.35	42.12	41.58	35.95	38.96	33.99
Pension & Post-Retirement Benefits	-	35.98	45.24	40	59.57	80.63
Long-Term Deferred Tax Liabilities	-	10.46	13.15	17.02	56.72	46.74
Other Long-Term Liabilities	168.38	74.79	111.1	90.25	100.16	97.94
Total Liabilities	2,400	2,193	2,068	2,147	1,728	1,524
Common Stock	9.86	9.86	9.86	9.86	9.86	9.86
Additional Paid-In Capital	595.64	566.74	523.36	481.86	451.27	409.96
Retained Earnings	4,247	3,993	3,688	3,307	2,970	2,821
Treasury Stock	-3,226	-2,942	-2,683	-2,489	-2,310	-2,150
Comprehensive Income & Other	-211.91	-300.14	-229.85	-275.4	-257.39	-302.19
Total Common Equity	1,415	1,327	1,309	1,034	864.1	789.27
Minority Interest	-	-	-	-	-0.19	0.98
Shareholders' Equity	1,415	1,327	1,309	1,034	863.91	790.25
Total Liabilities & Equity	3,815	3,520	3,377	3,181	2,592	2,314
Total Debt	1,295	1,316	1,160	1,250	819	763.68
Net Cash (Debt)	-1,002	-939.05	-766.1	-1,053	-626.04	-506.4
Net Cash Per Share	-17.82	-16.42	-13.16	-17.92	-10.42	-8.41
Filing Date Shares Outstanding	55.03	56.1	56.82	57.58	58.73	59.66
Total Common Shares Outstanding	55.03	56.21	56.98	57.62	58.79	59.64
Working Capital	740.55	766.48	938.5	704.89	533.69	562.89
Book Value Per Share	25.71	23.62	22.97	17.94	14.70	13.23
Tangible Book Value	526.75	301.5	427.73	166.08	284.55	319.23
Tangible Book Value Per Share	9.57	5.36	7.51	2.88	4.84	5.35
Land	-	64.02	67.95	71.45	67.9	70.34
Buildings	-	445.32	445.04	447.1	426.17	433.82
Machinery	-	975.48	939.32	916.87	885.72	902.58

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