Lincoln Electric Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4,350	4,233	4,009	4,192	3,761	3,234
Revenue Growth (YoY)	7.89%	5.60%	-4.37%	11.44%	16.30%	21.80%
Cost of Revenue	2,782	2,699	2,536	2,726	2,480	2,166
Gross Profit	1,568	1,534	1,473	1,465	1,281	1,069
Selling, General & Admin	812.14	797.99	780.59	758.91	656.64	597.11
Other Operating Expenses	16.5	18.2	55.86	-11.31	11.79	9.83
Total Operating Expenses	828.64	816.19	836.45	747.6	668.42	606.94
Operating Income	739.3	718.06	636.46	717.85	612.34	461.67
Interest Expense	-52.81	-51.56	-42.79	-44.37	-29.5	-22.21
Other Non-Operating Income (Expense)	7.02	-	-	-	-	-114.46
Total Non-Operating Income (Expense)	-45.79	-51.56	-42.79	-44.37	-29.5	-136.67
Pretax Income	693.51	666.5	593.68	673.48	582.84	325
Provision for Income Taxes	36.97	154.92	128.04	141.62	-	-
Net Income	657.11	520.53	466.11	545.25	582.84	325
Net Income to Common	657.11	520.53	466.11	545.25	582.84	325
Net Income Growth	18.89%	11.68%	-14.51%	-6.45%	79.33%	57.68%
Shares Outstanding (Basic)	55	55	57	57	58	59
Shares Outstanding (Diluted)	56	56	57	58	59	60
Shares Change (YoY)	-2.42%	-2.31%	-1.76%	-0.90%	-2.19%	-0.31%
EPS (Basic)	9.78	9.39	8.23	9.50	8.14	4.66
EPS (Diluted)	9.69	9.32	8.15	9.37	8.04	4.60
EPS Growth	19.48%	14.36%	-13.02%	16.54%	74.78%	34.50%
Shares Outstanding	54.79	54.85	56.21	56.98	57.62	58.79
Free Cash Flow	438.46	534.2	482.37	576.56	311.5	302.53
Free Cash Flow Growth	-17.92%	10.74%	-16.34%	85.09%	2.96%	3.55%
Free Cash Flow Per Share	7.89	9.56	8.43	9.90	5.30	5.04
Dividends Per Share	3.080	3.040	2.880	2.630	2.320	2.090
Dividend Growth	1.32%	5.56%	9.51%	13.36%	11.00%	5.56%
Gross Margin	36.04%	36.24%	36.74%	34.96%	34.05%	33.04%
Operating Margin	17.00%	16.96%	15.88%	17.13%	16.28%	14.27%
Profit Margin	15.09%	12.09%	11.62%	12.69%	15.50%	10.05%
FCF Margin	10.08%	12.62%	12.03%	13.75%	8.28%	9.35%
EBITDA	840.07	816.61	724.7	804.52	690.4	542.82
EBITDA Margin	19.31%	19.29%	18.08%	19.19%	18.36%	16.78%
EBIT	739.3	718.06	636.46	717.85	612.34	461.67
EBIT Margin	17.00%	16.96%	15.88%	17.13%	16.28%	14.27%
Effective Tax Rate	5.33%	23.24%	21.57%	21.03%	0.00%	0.00%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q