Lincoln Electric Holdings, Inc. (LECO)

Lincoln Electric Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	524.74	466.11	545.25	472.22	276.58	206.12
Depreciation & Amortization	96.13	88.24	86.67	78.06	81.15	80.49
Loss (Gain) From Sale of Assets	-	-	-36.19	-	-	-
Asset Writedown & Restructuring Costs	-3.82	20.89	4.78	8.1	-1.05	21.84
Loss (Gain) on Equity Investments	-	-	-	-	-	-0.41
Stock-Based Compensation	20.46	24.05	26.23	25.27	23.79	15.39
Other Operating Activities	31.01	-43.32	-38.39	-36.23	80.47	-12.94
Change in Accounts Receivable	26.09	52.83	14.98	-65.01	-65.84	3.58
Change in Inventory	-40.17	25.36	122.09	-81.19	-154.35	22.75
Change in Accounts Payable	70.25	-27.19	-32.03	16.85	82.39	-17.92
Change in Other Net Operating Assets	-62.7	-7.99	-25.86	-34.69	41.93	32.44
Operating Cash Flow	662	598.98	667.54	383.39	365.06	351.36
Operating Cash Flow Growth	5.95%	-10.27%	74.12%	5.02%	3.90%	-12.85%
Capital Expenditures	-115.51	-116.6	-90.99	-71.88	-62.53	-59.2
Sale of Property, Plant & Equipment	11.7	7.8	49.49	3.33	6.78	7.67
Cash Acquisitions	-136.66	-252.75	-32.69	-436.3	-156.11	-
Other Investing Activities	0.32	0.32	-0.55	0.16	6.5	2.32
Investing Cash Flow	-240.15	-361.23	-74.73	-504.69	-205.36	-49.21
Short-Term Debt Issued	-	8.45	-	34.35	46.48	-
Long-Term Debt Issued	-	550	-	405.44	-	-
Total Debt Issued	80.61	558.45	-	439.8	46.48	-
Short-Term Debt Repaid	-	-	-79.87	-	-	-31.76
Long-Term Debt Repaid	-	-400.68	-8.11	-	-0.51	-
Total Debt Repaid	-100.34	-400.68	-87.98	-	-0.51	-31.76
Net Debt Issued (Repaid)	-19.73	157.77	-87.98	439.8	45.97	-31.76
Issuance of Common Stock	11.59	27.4	22.37	6.39	19.23	17.19
Repurchase of Common Stock	-339.03	-263.75	-198.77	-181.29	-164.53	-113.46
Common Dividends Paid	-166.64	-162.14	-148.01	-130.72	-121.85	-118.12
Other Financing Activities	-3.92	-3.92	-	-0.44	-0.76	-
Financing Cash Flow	-517.74	-244.64	-412.39	133.73	-221.94	-246.14
Foreign Exchange Rate Adjustments	-15.34	-9.63	16.22	-8.23	-2.09	1.71
Net Cash Flow	-111.22	-16.53	196.64	4.19	-64.32	57.72
Free Cash Flow	546.49	482.37	576.56	311.5	302.53	292.16
Free Cash Flow Growth	6.07%	-16.34%	85.09%	2.96%	3.55%	-12.41%
Free Cash Flow Margin	13.08%	12.03%	13.76%	8.28%	9.35%	11.00%
Free Cash Flow Per Share	9.72	8.43	9.90	5.30	5.04	4.85
Cash Interest Paid	51.26	51.26	49.37	30.87	23.75	26.33
Cash Income Tax Paid	157.54	157.54	180.51	151.82	87.29	59.36
Levered Free Cash Flow	390.62	455.2	480.56	197.86	315.01	269.44
Unlevered Free Cash Flow	426.88	488.27	512.52	217.3	329.88	284.41
Change in Working Capital	-6.52	43.01	79.19	-164.04	-95.87	40.86

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q