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 Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
553.55520.53466.11545.25472.22276.58
Depreciation & Amortization
102.2898.5588.2486.6778.0681.15
Stock-Based Compensation
22.5320.3524.0526.2325.2723.79
Other Adjustments
129.3587.26-22.43-69.8-28.1379.42
Change in Receivables
-22.83-26.4352.8314.98-65.01-65.84
Changes in Inventories
-60.29-47.7825.36122.09-81.19-154.35
Changes in Accounts Payable
71.3856.26-27.19-32.0316.8582.39
Changes in Accrued Expenses
-105.96-26.0932.710.06-8.268.29
Changes in Other Operating Activities
-3.61-21.46-40.69-35.91-26.49-26.36
Operating Cash Flow
687.59661.17598.98667.54383.39365.06
Operating Cash Flow Growth
10.10%10.38%-10.27%74.12%5.02%3.90%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-145.18-126.97-116.6-90.99-71.88-62.53
Sale of Property, Plant & Equipment
3.27.187.849.493.336.78
Cash Acquisitions
-105.08-137.53-252.75-32.69-436.3-156.11
Other Investing Activities
--0.32-0.550.166.5
Investing Cash Flow
-247.06-257.33-361.23-74.73-504.69-205.36

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-133.258.45-79.8734.3546.48
Net Short-Term Debt Issued (Repaid)
-133.258.45-79.8734.3546.48
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)
-100-100.17149.32-8.11405.44-0.51
Issuance of Common Stock
13.7411.5827.422.376.3919.23
Repurchase of Common Stock
-237.28-338.31-263.75-198.77-181.29-164.53
Net Common Stock Issued (Repurchased)
-223.53-326.73-236.35-176.4-174.91-145.29
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
-499.77-461.89-244.64-412.39133.73-221.94

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
2.2-10.43-9.6316.22-8.23-2.09
Net Cash Flow
-57.04-68.47-16.53196.644.19-64.32

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
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%
FCF Margin
12.10%12.62%12.03%13.75%8.28%9.35%
Free Cash Flow Per Share
9.809.568.439.905.305.04
Levered Free Cash Flow
312.18486.11585.69517.16819.17311.14
Unlevered Free Cash Flow
449.01485.86461.12629.74394.91381.48
SEC Filings: 10-K · 10-Q