Company research / LECO

Lincoln Electric Holdings Inc (LECO)

SEC name LINCOLN ELECTRIC HOLDINGS INC · CIK 0000059527 · Nasdaq · Metalworkg Machinery & Equipment

  • Sector Manufacturing
  • Incorporated OH
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Lincoln Electric Holdings Inc reported revenue of $4.23B. Revenue grew 5.6% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $4.48B.

Key ratios (year ended 2025-12-31)

36.2%
Gross margin
17.0%
Operating margin
12.3%
Net margin
35.4%
Return on year-end equity
5.6%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-20

Headquarters locality: Euclid · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Stock splits: 2-for-1, first reflected in a filing dated 2011-08-02. Figures are as filed: per-share figures and share counts last reported before a split are on the old share basis, so changes and growth rates across a split are not shown. Splits are read from the filings' own restatements, so a share conversion in a merger or reorganization shows up the same way.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$4.48B$4.23B$4.01B$4.19B$3.76B$3.23B$2.66B$3.00B$3.03B$2.62B$2.27B
Cost of Revenue$2.87B$2.70B$2.54B$2.73B$2.48B$2.17B$1.78B$2.00B$2.00B$1.75B$1.49B
Gross Profit$1.61B$1.53B$1.47B$1.47B$1.28B$1.07B$871.34M$1.01B$1.03B$875.11M$786.56M
R&D Expensen/a$85.55M$81.82M$71.23M$63.21M$55.97M$51.41M$56.84M$54.17M$47.90M$44.72M
Operating Income$767.80M$718.06M$636.46M$717.85M$612.34M$461.67M$282.07M$370.91M$375.54M$376.94M$283.61M
Depreciation & Amortization$102.28M$98.55M$88.24M$86.67M$78.06M$81.15M$80.49M$81.49M$72.35M$68.11M$65.07M
EBITDA$870.08M$816.61M$724.70M$804.52M$690.39M$542.82M$362.56M$452.40M$447.88M$445.06M$348.69M
Net Income$553.55M$520.53M$466.11M$545.25M$472.22M$276.58M$206.14M$293.08M$286.99M$247.47M$198.37M
EPS (Diluted)n/a$9.32$8.15$9.37$8.04$4.60$3.42$4.68$4.37$3.71$2.91
Total Assets$3.81B$3.78B$3.52B$3.38B$3.18B$2.59B$2.31B$2.37B$2.35B$2.41B$1.94B
Total Liabilities$2.26B$2.31B$2.19B$2.07B$2.15B$1.73B$1.52B$1.55B$1.46B$1.47B$1.23B
Long-Term Debtn/an/an/a$1.10B$1.12B$717.86M$715.57M$712.41Mn/an/an/a
Shareholders' Equity$1.55B$1.47B$1.33B$1.31B$1.03B$863.91M$790.25M$819.08M$887.59M$932.45M$712.21M
Cash & Equivalents$242.44M$308.79M$377.26M$393.79M$197.15M$192.96M$257.28M$199.56M$358.85M$326.70M$379.18M
Operating Cash Flow$687.59M$661.17M$598.98M$667.54M$383.39M$365.06M$351.36M$403.19M$329.15M$334.85M$312.56M
Capital Expenditures$145.18M$126.97M$116.60M$90.99M$71.88M$62.53M$59.20M$69.61M$71.25M$61.66M$49.88M
Free Cash Flow$542.40M$534.20M$482.37M$576.55M$311.50M$302.53M$292.16M$333.57M$257.91M$273.19M$262.68M
Share Repurchases$237.28M$338.31M$263.75M$198.76M$181.29M$164.53M$113.45M$292.69M$201.65M$43.16M$342.00M
Dividends Paid$170.80M$168.24M$162.14M$148.01M$130.72M$121.85M$118.12M$117.92M$102.06M$92.45M$87.33M
Shares Outstanding54.51M54.85M56.21M56.98M57.62M58.79M59.64M60.59M63.55M65.66M65.67M
Dividends Per Sharen/a$3.04$2.88$2.63$2.32$2.09$1.98$1.90$1.64$1.44$1.31
Weighted Average Diluted Sharesn/a55.88M57.19M58.22M58.75M60.06M60.25M62.66M65.68M66.64M68.16M
EPS (Basic)n/a$9.39$8.23$9.50$8.14$4.66$3.46$4.73$4.42$3.76$2.94

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