Lincoln Electric Holdings, Inc. LECO R3K
Company Overview
Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products in the United States and internationally. It operates in three segments: Americas Welding, International Welding, and The Harris Products Group. The company offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, specialty gas regulators, and education solutions; and a portfolio of automated solutions and system integration services for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business. It also provides mobile power solutions, including vehicle-mounted compressors, generators, welders, hydraulics, charger/boosters, and electrified power equipment; automated welding system and solutions; and specialty welding consumables, wear plates, and maintenance and repair services for alloy and wear-resistant products, as well as develops and integrates autonomous guided vehicles and mobile robots, custom assembly and test systems, and proprietary manufacturing execution system software. The company serves general fabrication, oil and gas, power generation, process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. It sells its products directly to users of welding products, including OEMs, manufacturers, and integrators, as well as through industrial distributors, retailers, and agents. Lincoln Electric Holdings, Inc. was founded in 1895 and is headquartered in Cleveland, Ohio.
Why Investors Should Care
Generates a return on equity of 37.7%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 26.1%.
Operating margin of 18.2% supports profitability.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $4.23B (+5.6% YoY); net profit $520.53M.
- Trailing 12 Months Year-on-year growth — revenue +12.0%, earnings +12.5%.
- 5-Year Trend Long-term compounding — revenue CAGR 3.4%, profit CAGR 5.8%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 3.40% |
| 1 Year: | 12.00% |
Compounded Profit Growth
| 5 Years: | 5.77% |
| 1 Year: | 12.50% |
Stock Price Performance
| 1 Year: | +14.32% |
| 6 Months: | +4.49% |
| 3 Months: | +6.48% |
| 1 Month: | -1.74% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)50.75 · Neutral
P/E of 27.70 is above the sector median of 26.00 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 37.7%.
- Healthy ROCE of 26.1%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | LECO Lincoln Electric Holdings, Inc. R3K | 277.05 | 27.70 | $15.10B | 1.23% | 26.10% | 37.74% | 3.40% | 5.77% |
| 2 | SPCX Space Exploration Technologies Corp. R3KAIDEFENCE | 153.47 | -139.52 | $1.16T | 0.00% | -3.22% | -11.95% | 34.08% | -3.34% |
| 3 | CAT Caterpillar Inc. SPXR3K | 822.48 | 35.47 | $378.07B | 0.79% | 17.98% | 56.97% | 2.29% | 5.24% |
| 4 | GE GE Aerospace SPXR3KDEFENCE | 334.91 | 39.40 | $347.49B | 0.60% | 9.52% | 48.23% | -7.42% | -5.36% |
| 5 | RTX RTX Corporation SPXR3KDEFENCE | 198.81 | 35.06 | $267.95B | 1.51% | 8.28% | 12.27% | 2.61% | 2.62% |
| 6 | GEV GE Vernova Inc. SPXR3KAI | 971.31 | 27.86 | $258.69B | 0.22% | 6.30% | 82.58% | 8.68% | - |
| 7 | DE Deere & Company SPXR3K | 680.73 | 37.88 | $183.54B | 0.95% | 12.53% | 18.24% | 3.43% | 5.10% |
| 8 | UNP Union Pacific Corporation SPXR3K | 288.45 | 23.38 | $171.36B | 2.01% | 15.22% | 39.70% | 2.30% | 7.77% |
| 9 | BA The Boeing Company SPXR3KDEFENCE | 210.73 | 75.80 | $166.43B | 0.00% | -9.01% | - | 1.67% | -3.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 590.73M | 668.89M | 757.02M | 826.45M | 806.45M | 925.45M | 969.59M | 935.24M | 1.04B | 1.06B | 1.03B | 981.20M | 1.02B | 983.76M | 1.00B | 1.09B | 1.06B | 1.12B | 1.22B |
| Gross Profit | 220.39M | 225.78M | 198.89M | 196.08M | 189.10M | 202.93M | 199.81M | 197.46M | 202.66M | 216.31M | 217.88M | 238.25M | 256.55M | 270.12M | 251.55M | 250.30M | 258.42M | 269.88M | 238.35M | 240.93M | 237.32M | 189.38M | 215.39M | 253.77M | 274.01M | 268.17M | 329.78M | 333.48M | 309.52M | 355.36M | 373.43M | 365.63M | 368.40M | 383.81M | 352.08M | 365.45M | 405.55M | 389.31M | 399.13M | 449.00M |
| Operating Income | 90.50M | 96.79M | -84.02M | - | 75.29M | 48.08M | 81.83M | - | 79.41M | 85.57M | 135.64M | - | 85.19M | 94.63M | 100.79M | - | 94.48M | 105.19M | 88.54M | - | 81.07M | 39.76M | 77.79M | 103.93M | 121.82M | 115.57M | 161.21M | 167.53M | 142.11M | 164.36M | 178.01M | 171.44M | 165.05M | 148.84M | 145.56M | 164.92M | 192.14M | 176.66M | 186.16M | 220.64M |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 55.56M | 27.00M | 58.48M | 74.18M | 96.11M | 31.76M | 126.03M | 127.82M | 109.22M | 121.93M | 137.33M | 129.34M | 123.42M | 101.71M | 100.76M | 118.49M | 143.40M | 122.63M | 136.38M | 158.52M |
| Diluted EPS | 0.89 | 0.94 | -0.82 | 0.68 | 0.76 | 0.45 | 0.89 | 0.81 | 0.84 | 0.92 | 1.59 | 0.36 | 0.92 | 1.04 | 1.07 | 1.35 | 1.12 | 1.36 | 1.17 | 1.03 | 0.91 | 0.45 | 0.97 | 1.23 | 1.60 | 0.53 | 2.13 | 2.18 | 1.87 | 2.09 | 2.36 | 2.22 | 2.14 | 1.77 | 1.77 | 2.10 | 2.56 | 2.21 | 2.47 | 2.88 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.48B | 1.73B | 2.07B | 2.69B | 2.85B | 2.85B | 2.81B | 2.54B | 2.27B | 2.62B | 3.03B | 3.00B | 2.66B | - | 3.76B | 4.19B | 4.01B | 4.23B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.48B | 2.73B | 2.54B | 2.70B |
| Gross Profit | 720.15M | 456.27M | 563.82M | 736.74M | 866.66M | 942.65M | 949.30M | 841.14M | 786.56M | 875.11M | 1.03B | 1.01B | 871.34M | - | 1.28B | 1.47B | 1.47B | 1.53B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 656.64M | 758.91M | 780.59M | 797.99M |
| Operating Income | 295.66M | 93.23M | 186.43M | 296.68M | 362.08M | 406.99M | 373.75M | 181.70M | 283.61M | 376.94M | 375.54M | 370.91M | 282.07M | - | 624.12M | 706.53M | 692.32M | 736.26M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 700.39M | 817.91M | 725.17M | 825.56M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29.50M | 44.37M | 42.79M | 51.56M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 592.83M | 686.87M | 594.15M | 675.45M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 120.60M | 141.62M | 128.04M | 154.92M |
| Net Income | 212.29M | 48.58M | 130.24M | 217.19M | 257.41M | 293.78M | 254.69M | 127.48M | 198.40M | 247.50M | 287.07M | 293.11M | 206.12M | - | 472.22M | 545.25M | 466.11M | 520.53M |
| Diluted EPS | 4.93 | 0.57 | 1.53 | 2.56 | 3.06 | 3.54 | 3.18 | 1.70 | 2.91 | 3.71 | 4.37 | 4.68 | 3.42 | - | 8.04 | 9.37 | 8.15 | 9.32 |
| R&D Expense | - | 27.57M | 29.49M | 32.83M | 37.30M | 42.13M | 43.26M | 47.18M | 44.72M | 47.90M | 54.17M | 56.84M | 51.41M | 55.97M | 63.21M | 71.23M | 81.82M | 85.55M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.71B | 1.78B | 1.98B | 2.09B | 2.15B | 1.94B | 1.78B | 1.94B | 2.41B | 2.35B | 2.37B | 2.31B | 2.59B | 3.18B | 3.38B | 3.52B | 3.78B |
| Total Equity | 1.09B | 1.01B | 1.07B | 1.13B | 1.18B | 1.34B | 1.53B | 1.28B | 931.59M | 711.48M | 931.64M | 886.94M | 818.17M | 790.25M | 863.91M | 1.03B | 1.31B | 1.33B | 1.47B |
| Cash & Equivalents | 217.38M | 284.33M | 388.14M | 366.19M | 361.10M | 286.46M | 299.82M | 278.38M | 304.18M | 379.18M | 326.70M | 358.85M | 199.56M | 257.28M | 192.96M | 197.15M | 393.79M | 377.26M | 308.79M |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | 712.30M | 715.46M | 717.09M | 1.11B | 1.10B | 1.15B | 1.15B |
| Total Liabilities | - | - | - | - | - | - | - | - | 851.72M | 1.23B | 1.47B | 1.46B | 1.55B | 1.52B | 1.73B | 2.15B | 2.07B | 2.19B | 2.31B |
| Current Liabilities | - | - | 297.97M | 335.59M | 471.04M | 440.27M | 456.92M | 492.39M | 370.12M | 388.11M | 528.74M | 538.18M | 563.13M | 549.45M | 755.90M | 852.90M | 754.61M | 878.80M | 956.69M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 257.45M | 250.35M | 156.98M | - | - | - | - | - | - | 334.85M | 329.15M | 403.19M | 351.36M | 365.06M | 383.39M | 667.54M | 598.98M | 661.17M |
| Investing Cash Flow | -115.80M | -63.58M | -69.40M | - | - | - | - | - | - | -272.03M | 20.84M | -192.82M | -49.21M | -205.36M | -504.69M | -74.73M | -361.23M | -257.33M |
| Financing Cash Flow | -67.74M | -89.07M | -109.51M | - | - | - | - | - | - | -135.04M | -302.13M | -371.94M | -246.14M | -221.94M | 133.72M | -412.39M | -244.64M | -461.89M |
| Share Buybacks | 42.34M | 343.00K | 39.68M | 37.00M | 81.02M | 167.88M | 307.18M | 399.49M | 342.00M | 43.16M | 201.65M | 292.69M | 113.45M | 164.53M | 181.29M | 198.76M | 263.75M | 338.31M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 29.0% | 26.4% | 27.2% | 27.3% | 30.4% | 33.0% | 33.7% | 33.2% | 34.6% | 33.3% | 34.0% | 33.5% | 32.8% | - | 34.1% | 35.0% | 36.7% | 36.2% |
| Operating Margin % | 11.9% | 5.4% | 9.0% | 11.0% | 12.7% | 14.3% | 13.3% | 7.2% | 12.5% | 14.4% | 12.4% | 12.4% | 10.6% | - | 16.6% | 16.9% | 17.3% | 17.4% |
| Net Margin % | 8.6% | 2.8% | 6.3% | 8.1% | 9.0% | 10.3% | 9.1% | 5.0% | 8.7% | 9.4% | 9.5% | 9.8% | 7.8% | - | 12.6% | 13.0% | 11.6% | 12.3% |
| ROE % | 21.0% | 4.5% | 11.5% | 18.5% | 19.2% | 19.2% | 19.9% | 13.7% | 27.9% | 26.6% | 32.4% | 35.8% | 26.1% | - | 45.7% | 41.7% | 35.1% | 35.4% |
| ROCE % | - | 6.6% | 12.9% | 19.7% | 21.9% | 24.0% | 25.8% | 12.8% | 18.2% | 20.1% | 20.7% | 20.5% | 16.0% | - | 26.8% | 26.9% | 26.2% | 26.1% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 9.89% | 5.39M | $1.39B |
| 2 | Vanguard Portfolio Management LLC | 4.71% | 2.56M | $659.62M |
| 3 | Vanguard Capital Management LLC | 4.54% | 2.48M | $637.14M |
| 4 | State Street Corporation | 4.14% | 2.25M | $579.98M |
| 5 | NORGES BANK | 3.17% | 1.73M | $444.57M |
| 6 | Geode Capital Management, LLC | 2.65% | 1.45M | $371.99M |
| 7 | Victory Capital Management Inc. | 2.55% | 1.39M | $357.77M |
| 8 | Invesco Ltd. | 2.41% | 1.31M | $337.55M |
| 9 | JPMORGAN CHASE & CO | 1.91% | 1.04M | $267.96M |
| 10 | AQR Capital Management, LLC | 1.69% | 922.17K | $237.18M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for LECO
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LECO — Frequently Asked Questions
What is the current share price of Lincoln Electric Holdings, Inc. (LECO)?
As of 2026-09-19 21:16 PDT, Lincoln Electric Holdings, Inc. (LECO) trades at $277.05 on NasdaqGS. Its 52-week range is $218.56 to $297.02.
What is the market capitalisation of LECO?
Lincoln Electric Holdings, Inc. (LECO) has a market capitalisation of $15.10B on NasdaqGS.
What is the P/E ratio of LECO?
LECO trades at a trailing price-to-earnings (P/E) ratio of 27.70. The industry average P/E is 26.00. Its price-to-book (P/B) ratio is 9.02.
Does LECO pay a dividend?
Lincoln Electric Holdings, Inc. (LECO) currently offers a dividend yield of 1.23%.
What is the return on equity (ROE) of LECO?
LECO has a return on equity (ROE) of 37.74%. Its return on capital employed (ROCE) is 26.10%.
Is LECO a good stock to buy?
This page provides a data-driven analysis of Lincoln Electric Holdings, Inc. (LECO), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.