Lincoln Electric Holdings, Inc. (LECO)
NASDAQ: LECO · Real-Time Price · USD
281.96
+3.05 (1.09%)
Aug 7, 2026, 4:00 PM EDT - Market closed

Lincoln Electric Holdings Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,4814,2334,0094,1923,7613,234
Revenue Growth
9.32%5.60%-4.37%11.44%16.30%21.80%
Gross Profit
1,6111,5341,4731,4651,2811,069
Operating Income
767.8718.06636.46717.85612.34461.67
Net Income
553.55520.53466.11545.25472.22276.58
Earnings Per Share
10.019.328.159.378.044.60
EPS Growth
12.47%14.36%-13.02%16.54%74.78%34.50%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Americas Welding
2,8542,7242,5652,6562,2891,824
International Welding
949.31930.87933.721,040954.28948.13
The Harris Products Group
677.35578.58510.1496.08518461.57
Revenue (Total)
4,4814,2334,0094,1923,7613,234

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
242.44308.79377.26393.79197.15192.96
Total Debt
01,2941,2611,1051,204769.82
Net Cash (Debt)
242.44-985.22-883.81-711.42-1,007-576.86
Net Cash Growth
------
Net Cash Per Share
4.38-17.63-15.45-12.22-17.14-9.60

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
687.59661.17598.98667.54383.39365.06
Capital Expenditures
-145.18-126.97-116.6-90.99-71.88-62.53
Free Cash Flow
542.4534.2482.37576.56311.5302.53
Free Cash Flow Growth
7.42%10.74%-16.34%85.09%2.96%3.55%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
35.96%36.24%36.74%34.96%34.05%33.04%
Operating Margin
17.13%16.96%15.88%17.13%16.28%14.27%
Pretax Margin
16.07%15.96%14.82%16.39%15.76%10.05%
Profit Margin
12.35%12.30%11.63%13.01%12.56%8.55%
FCF Margin
12.10%12.62%12.03%13.75%8.28%9.35%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.1603.0402.8802.6302.3202.090
Dividend Per Share Growth
5.33%5.56%9.51%13.36%11.00%5.56%
Dividend Yield
1.12%1.27%1.53%1.19%1.56%1.47%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
28.2025.7123.0023.2117.9730.32
Forward PE
23.6422.8020.9122.9116.7520.45
P/FCF Ratio
28.3324.6021.8521.4926.7327.10
PS Ratio
3.433.102.632.962.212.54