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	538.79	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	258.57	160.22	155.81	118.41	81.73
Total Current Assets	1,740	1,645	1,693	1,558	1,290
Property, Plant & Equipment	702.76	673.46	628.6	589.68	559.71
Long-Term Investments	-	-	1.46	-	-
Goodwill	-	804.93	694.45	665.26	430.16
Other Intangible Assets	-	221.01	186.67	202.71	149.39
Long-Term Deferred Tax Assets	-	77.61	45.18	22.81	18.32
Other Long-Term Assets	1,335	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	-	138.83	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	-	13.11	13.1	10.38	10.22
Current Unearned Revenue	-	121.43	92.49	113.53	112.5
Other Current Liabilities	447.98	198.31	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	-	42.12	41.58	35.95	38.96
Pension & Post-Retirement Benefits	-	35.98	45.24	40	59.57
Long-Term Deferred Tax Liabilities	-	10.46	13.15	17.02	56.72
Other Long-Term Liabilities	200.86	74.79	111.1	90.25	100.16
Total Liabilities	2,308	2,193	2,068	2,147	1,728
Common Stock	1,470	9.86	9.86	9.86	9.86
Additional Paid-In Capital	-	566.74	523.36	481.86	451.27
Retained Earnings	-	3,993	3,688	3,307	2,970
Treasury Stock	-	-2,942	-2,683	-2,489	-2,310
Comprehensive Income & Other	-	-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	1,294	1,316	1,160	1,250	819
Net Cash (Debt)	-985.22	-939.05	-766.1	-1,053	-626.04
Net Cash Per Share	-17.63	-16.42	-13.16	-17.92	-10.42
Filing Date Shares Outstanding	54.94	56.1	56.82	57.58	58.73
Total Common Shares Outstanding	54.94	56.21	56.98	57.62	58.79
Working Capital	782.82	766.48	938.5	704.89	533.69
Book Value Per Share	26.75	23.62	22.97	17.94	14.70
Tangible Book Value	1,470	301.5	427.73	166.08	284.55
Tangible Book Value Per Share	26.75	5.36	7.51	2.88	4.84
Land	-	64.02	67.95	71.45	67.9
Buildings	-	445.32	445.04	447.1	426.17
Machinery	-	975.48	939.32	916.87	885.72

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