Lincoln Electric Holdings, Inc. (LECO)

Lincoln Electric Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	538.43	520.53	466.11	545.25	472.22	276.58
Depreciation & Amortization	100.77	98.55	88.24	86.67	78.06	81.15
Stock-Based Compensation	21.58	20.35	24.05	26.23	25.27	23.79
Other Adjustments	113.16	87.26	-22.43	-69.8	-28.13	79.42
Change in Receivables	-52.54	-26.43	52.83	14.98	-65.01	-65.84
Changes in Inventories	-89.49	-47.78	25.36	122.09	-81.19	-154.35
Changes in Accounts Payable	75.16	56.26	-27.19	-32.03	16.85	82.39
Changes in Accrued Expenses	-90.43	-26.09	32.7	10.06	-8.2	68.29
Changes in Other Operating Activities	-39.65	-21.46	-40.69	-35.91	-26.49	-26.36
Operating Cash Flow	577.65	661.17	598.98	667.54	383.39	365.06
Operating Cash Flow Growth	-11.32%	10.38%	-10.27%	74.12%	5.02%	3.90%
Capital Expenditures	-139.19	-126.97	-116.6	-90.99	-71.88	-62.53
Sale of Property, Plant & Equipment	2.84	7.18	7.8	49.49	3.33	6.78
Payments for Business Acquisitions	-137.39	-137.53	-252.75	-32.69	-436.3	-156.11
Other Investing Activities	-	-	0.32	-0.55	0.16	6.5
Investing Cash Flow	-273.74	-257.33	-361.23	-74.73	-504.69	-205.36
Short-Term Debt Issued	158.07	133.25	8.45	-79.87	34.35	46.48
Short-Term Debt Repaid	-4.3	-	-	-	-	-
Net Short-Term Debt Issued (Repaid)	153.77	133.25	8.45	-79.87	34.35	46.48
Long-Term Debt Issued	-	-	550	-	405.44	-0.51
Long-Term Debt Repaid	-100	-100.17	-400.68	-8.11	-	-
Net Long-Term Debt Issued (Repaid)	-100	-100.17	149.32	-8.11	405.44	-0.51
Issuance of Common Stock	13.88	11.58	27.4	22.37	6.39	19.23
Repurchase of Common Stock	-288.28	-338.31	-263.75	-198.77	-181.29	-164.53
Net Common Stock Issued (Repurchased)	-274.4	-326.73	-236.35	-176.4	-174.91	-145.29
Common Dividends Paid	-169.34	-168.24	-162.14	-148.01	-130.72	-121.85
Other Financing Activities	-	-	-3.92	-	-0.44	-0.76
Financing Cash Flow	-389.97	-461.89	-244.64	-412.39	133.73	-221.94
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-9.75	-10.43	-9.63	16.22	-8.23	-2.09
Net Cash Flow	-95.8	-68.47	-16.53	196.64	4.19	-64.32
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%
FCF Margin	10.08%	12.62%	12.03%	13.75%	8.28%	9.35%
Free Cash Flow Per Share	7.89	9.56	8.43	9.90	5.30	5.04
Levered Free Cash Flow	528.04	486.11	585.69	517.16	929.78	359.56
Unlevered Free Cash Flow	517.05	483.65	461.01	626.8	519.48	450.26

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

SEC Filings: 10-K · 10-Q