Lincoln Electric Holdings, Inc. (LECO)
NASDAQ: LECO · Real-Time Price · USD
284.90
-4.84 (-1.67%)
Aug 28, 2026, 4:00 PM EDT - Market closed
Lincoln Electric Holdings Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 553.55 | 520.53 | 466.11 | 545.25 | 472.22 | 276.58 |
Depreciation & Amortization | 102.28 | 98.55 | 88.24 | 86.67 | 78.06 | 81.15 |
Loss (Gain) From Sale of Assets | - | - | - | -36.19 | - | - |
Asset Writedown & Restructuring Costs | 1.14 | 1.14 | 20.89 | 4.78 | 8.1 | -1.05 |
Stock-Based Compensation | 22.53 | 20.35 | 24.05 | 26.23 | 25.27 | 23.79 |
Other Operating Activities | 129.4 | 86.12 | -43.32 | -38.39 | -36.23 | 80.47 |
Change in Accounts Receivable | -22.83 | -26.43 | 52.83 | 14.98 | -65.01 | -65.84 |
Change in Inventory | -60.29 | -47.78 | 25.36 | 122.09 | -81.19 | -154.35 |
Change in Accounts Payable | 71.38 | 56.26 | -27.19 | -32.03 | 16.85 | 82.39 |
Change in Other Net Operating Assets | -109.56 | -47.55 | -7.99 | -25.86 | -34.69 | 41.93 |
Operating Cash Flow | 687.59 | 661.17 | 598.98 | 667.54 | 383.39 | 365.06 |
Operating Cash Flow Growth | 10.10% | 10.38% | -10.27% | 74.12% | 5.02% | 3.90% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -145.18 | -126.97 | -116.6 | -90.99 | -71.88 | -62.53 |
Sale of Property, Plant & Equipment | 3.2 | 7.18 | 7.8 | 49.49 | 3.33 | 6.78 |
Cash Acquisitions | -105.08 | -137.53 | -252.75 | -32.69 | -436.3 | -156.11 |
Other Investing Activities | - | - | 0.32 | -0.55 | 0.16 | 6.5 |
Investing Cash Flow | -247.06 | -257.33 | -361.23 | -74.73 | -504.69 | -205.36 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Short-Term Debt Issued | - | 133.25 | 8.45 | - | 34.35 | 46.48 |
Long-Term Debt Issued | - | - | 550 | - | 405.44 | - |
Total Debt Issued | 133.25 | 133.25 | 558.45 | - | 439.8 | 46.48 |
Short-Term Debt Repaid | - | - | - | -79.87 | - | - |
Long-Term Debt Repaid | - | -100.17 | -400.68 | -8.11 | - | -0.51 |
Total Debt Repaid | -238.68 | -100.17 | -400.68 | -87.98 | - | -0.51 |
Net Debt Issued (Repaid) | -105.43 | 33.08 | 157.77 | -87.98 | 439.8 | 45.97 |
Issuance of Common Stock | 13.74 | 11.58 | 27.4 | 22.37 | 6.39 | 19.23 |
Repurchase of Common Stock | -237.28 | -338.31 | -263.75 | -198.77 | -181.29 | -164.53 |
Common Dividends Paid | -170.8 | -168.24 | -162.14 | -148.01 | -130.72 | -121.85 |
Other Financing Activities | - | - | -3.92 | - | -0.44 | -0.76 |
Financing Cash Flow | -499.77 | -461.89 | -244.64 | -412.39 | 133.73 | -221.94 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | 2.2 | -10.43 | -9.63 | 16.22 | -8.23 | -2.09 |
Net Cash Flow | -57.04 | -68.47 | -16.53 | 196.64 | 4.19 | -64.32 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 542.4 | 534.2 | 482.37 | 576.56 | 311.5 | 302.53 |
Free Cash Flow Growth | 7.42% | 10.74% | -16.34% | 85.09% | 2.96% | 3.55% |
Free Cash Flow Margin | 12.10% | 12.62% | 12.03% | 13.76% | 8.28% | 9.35% |
Free Cash Flow Per Share | 9.80 | 9.56 | 8.43 | 9.90 | 5.30 | 5.04 |
Levered Free Cash Flow | 307.08 | 281.08 | 455.2 | 482.37 | 197.86 | 315.01 |
Unlevered Free Cash Flow | 343.83 | 317.57 | 488.27 | 514.33 | 217.3 | 329.88 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash Interest Paid | 58.83 | 58.83 | 51.26 | 49.37 | 30.87 | 23.75 |
Cash Income Tax Paid | 100.72 | 100.72 | 157.54 | 180.51 | 151.82 | 87.29 |
Change in Working Capital | -121.31 | -65.51 | 43.01 | 79.19 | -164.04 | -95.87 |