Lincoln Electric Holdings Income Statement

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
Revenue	4,233	4,009	4,192	3,761	3,234
Revenue Growth (YoY)	5.60%	-4.37%	11.44%	16.30%	21.80%
Cost of Revenue	2,699	2,536	2,726	2,480	2,166
Gross Profit	1,534	1,473	1,465	1,281	1,069
Selling, General & Admin	797.99	780.59	758.91	656.64	597.11
Other Operating Expenses	18.2	55.86	-11.31	11.79	9.83
Total Operating Expenses	816.19	836.45	747.6	668.42	606.94
Operating Income	718.06	636.46	717.85	612.34	461.67
Interest Expense	-51.56	-42.79	-44.37	-29.5	-22.21
Other Non-Operating Income (Expense)	-	-	-	-	-114.46
Total Non-Operating Income (Expense)	-51.56	-42.79	-44.37	-29.5	-136.67
Pretax Income	666.5	593.68	673.48	582.84	325
Provision for Income Taxes	154.92	128.04	141.62	-	-
Net Income	520.53	466.11	545.25	582.84	325
Net Income to Common	520.53	466.11	545.25	582.84	325
Net Income Growth	11.68%	-14.51%	-6.45%	79.33%	57.68%
Shares Outstanding (Basic)	55	57	57	58	59
Shares Outstanding (Diluted)	56	57	58	59	60
Shares Change (YoY)	-2.31%	-1.76%	-0.90%	-2.19%	-0.31%
EPS (Basic)	9.39	8.23	9.50	8.14	4.66
EPS (Diluted)	9.32	8.15	9.37	8.04	4.60
EPS Growth	14.36%	-13.02%	16.54%	74.78%	34.50%
Free Cash Flow	534.2	482.37	576.56	311.5	302.53
Free Cash Flow Growth	10.74%	-16.34%	85.09%	2.96%	3.55%
Free Cash Flow Per Share	9.56	8.43	9.90	5.30	5.04
Dividends Per Share	3.040	2.880	2.630	2.320	2.090
Dividend Growth	5.56%	9.51%	13.36%	11.00%	5.56%
Gross Margin	36.25%	36.74%	34.96%	34.05%	33.04%
Operating Margin	16.96%	15.88%	17.13%	16.28%	14.27%
Profit Margin	12.09%	11.62%	12.69%	15.50%	10.05%
FCF Margin	12.62%	12.03%	13.75%	8.28%	9.35%
EBITDA	816.61	724.7	804.52	690.4	542.82
EBITDA Margin	19.29%	18.08%	19.19%	18.36%	16.78%
EBIT	718.06	636.46	717.85	612.34	461.67
EBIT Margin	16.96%	15.88%	17.13%	16.28%	14.27%
Effective Tax Rate	23.24%	21.57%	21.03%	0.00%	0.00%

Updated Feb 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q