Lincoln Electric Holdings, Inc. (LECO)

Lincoln Electric Holdings Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	575.27	520.53	466.11	545.25	472.22	276.58
Depreciation & Amortization	103.97	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	24.16	20.35	24.05	26.23	25.27	23.79
Other Operating Activities	45.15	86.12	-43.32	-38.39	-36.23	80.47
Change in Accounts Receivable	-102.48	-26.43	52.83	14.98	-65.01	-65.84
Change in Inventory	-31.57	-47.78	25.36	122.09	-81.19	-154.35
Change in Accounts Payable	65.81	56.26	-27.19	-32.03	16.85	82.39
Change in Other Net Operating Assets	-14.79	-47.55	-7.99	-25.86	-34.69	41.93
Operating Cash Flow	666.66	661.17	598.98	667.54	383.39	365.06
Operating Cash Flow Growth	0.70%	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-154.77	-126.97	-116.6	-90.99	-71.88	-62.53
Sale of Property, Plant & Equipment	6.62	7.18	7.8	49.49	3.33	6.78
Cash Acquisitions	-0.74	-137.53	-252.75	-32.69	-436.3	-156.11
Other Investing Activities	-	-	0.32	-0.55	0.16	6.5
Investing Cash Flow	-148.88	-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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	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	55.57	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	-143.89	-100.17	-400.68	-87.98	-	-0.51
Net Debt Issued (Repaid)	-88.32	33.08	157.77	-87.98	439.8	45.97
Issuance of Common Stock	12.38	11.58	27.4	22.37	6.39	19.23
Repurchase of Common Stock	-284.01	-338.31	-263.75	-198.77	-181.29	-164.53
Common Dividends Paid	-172.45	-168.24	-162.14	-148.01	-130.72	-121.85
Other Financing Activities	-	-	-3.92	-	-0.44	-0.76
Financing Cash Flow	-532.4	-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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	4.86	-10.43	-9.63	16.22	-8.23	-2.09
Net Cash Flow	-9.76	-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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	511.89	534.2	482.37	576.56	311.5	302.53
Free Cash Flow Growth	-6.33%	10.74%	-16.34%	85.09%	2.96%	3.55%
Free Cash Flow Margin	11.03%	12.62%	12.03%	13.76%	8.28%	9.35%
Free Cash Flow Per Share	9.28	9.56	8.43	9.90	5.30	5.04
Levered Free Cash Flow	399.57	281.08	455.2	482.37	197.86	315.01
Unlevered Free Cash Flow	434.75	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	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	-83.03	-65.51	43.01	79.19	-164.04	-95.87

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Oct 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

Data Sources Report a data error