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LECO

Lincoln Electric Holdings, Inc.

Price Chart
Latest Quote

$274.80

+5.89 (+2.19%)
Current Price
Previous Close $268.91
Open $271.40
Day High $278.81
Day Low $269.00
Volume 158,909
Fetched: 2026-06-25T17:37:12
Stock Information
Quarterly Dividend / Yield $3.16 / 1.18%
Shares Outstanding 54.79M
Quarterly Dividend Yield 1.18%
Quarterly Dividend $3.16
Total Debt $1.36B
Cash Equivalents $298.90M
Revenue $4.35B
Net Income $538.43M
Sector Industrials
Industry Tools & Accessories
Market Cap $15.06B
P/E Ratio 28.39
EPS (TTM) $9.68
Exchange NMS
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📊 Comprehensive Analysis
Company Data
Enterprise Value$15.80B
Sales$4.35B
Income$538.43M
Book/sh$27.58
Cash/sh$5.46
Employees12K
Financial Ratios
Quick Ratio0.96
Current Ratio1.83
Debt/Eq90.31
EPS Growth TTM15.10%
Returns & Margins
ROA12.32%
ROE37.77%
Gross Margin36.14%
Operating Margin17.15%
Profit Margin12.38%
Ownership
Insider Ownership1.51%
Institutional Ownership81.54%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E22.81
PEG1.77
P/S3.46
P/B9.96
Analyst Data
Recommendationbuy
Target Price$296.70
Technical Indicators
SMA20$264.10
SMA50$263.31
SMA200$252.58
RSI58.87
ATR7.9093
Shares Float53.76M
Short Float2.68%
Short Ratio3.63
Volatility1.22
Rel Volume0.43
Performance History
Week+1.94%
Month+3.58%
Quarter+7.46%
6 Months+13.14%
YTD+13.10%
Year+35.10%
3 Years+47.32%
5 Years+139.80%
10 Years+479.17%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-25 $274.80 158,909
2026-06-24 $268.91 358,100
2026-06-23 $269.11 372,500
2026-06-22 $274.75 290,800
2026-06-18 $275.23 686,800
2026-06-17 $269.57 589,300
2026-06-16 $273.54 457,300
2026-06-15 $267.86 432,900
2026-06-12 $258.25 312,900
2026-06-11 $257.75 372,500
2026-06-10 $253.22 373,500
2026-06-09 $265.45 416,400
2026-06-08 $260.96 294,600
2026-06-05 $262.13 199,200
2026-06-04 $263.84 251,200
2026-06-03 $262.82 510,000
2026-06-02 $254.28 316,900
2026-06-01 $252.17 276,500
2026-05-29 $258.49 432,500
2026-05-28 $258.94 310,700
2026-05-27 $262.84 238,300
2026-05-26 $265.31 271,200
About Lincoln Electric Holdings, Inc.

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.

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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $2,698,751,000 $2,535,758,000 $2,726,191,000 $2,480,451,000
Cost Of Revenue $2,698,751,000 $2,535,758,000 $2,726,191,000 $2,480,451,000
Total Revenue $4,233,003,000 $4,008,670,000 $4,191,636,000 $3,761,211,000
Operating Revenue $4,233,003,000 $4,008,670,000 $4,191,636,000 $3,761,211,000
Expenses
Interest Expense $51,561,000 $42,786,000 $44,371,000 $29,500,000
Total Expenses $3,496,745,000 $3,316,348,000 $3,485,101,000 $3,137,087,000
Other Income Expense $-9,247,000 $-55,387,000 $24,702,000 $-1,797,000
Other Non Operating Income Expenses $7,004,000 $238,000 $12,832,000 $10,144,000
Net Non Operating Interest Income Expense $-51,561,000 $-42,786,000 $-44,371,000 $-29,500,000
Interest Expense Non Operating $51,561,000 $42,786,000 $44,371,000 $29,500,000
Operating Expense $797,994,000 $780,590,000 $758,910,000 $656,636,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $520,533,000 $466,108,000 $545,248,000 $472,224,000
Net Interest Income $-51,561,000 $-42,786,000 $-44,371,000 $-29,500,000
Normalized Income $534,557,991 $509,929,992 $536,264,684 $481,619,036
Net Income From Continuing And Discontinued Operation $520,533,000 $466,108,000 $545,248,000 $472,224,000
Total Operating Income As Reported $718,059,000 $636,462,000 $717,849,000 $612,336,000
Net Income Common Stockholders $520,533,000 $466,108,000 $545,248,000 $472,224,000
Net Income $520,533,000 $466,108,000 $545,248,000 $472,224,000
Net Income Including Noncontrolling Interests $520,533,000 $466,108,000 $545,248,000 $472,224,000
Net Income Continuous Operations $520,533,000 $466,108,000 $545,248,000 $472,224,000
Pretax Income $675,450,000 $594,149,000 $686,866,000 $592,827,000
Special Income Charges $-18,199,000 $-55,860,000 $11,314,000 $-11,788,000
Earnings From Equity Interest $1,948,000 $235,000 $556,000 $-153,000
Operating Income $736,258,000 $692,322,000 $706,535,000 $624,124,000
Gross Profit $1,534,252,000 $1,472,912,000 $1,465,445,000 $1,280,760,000
Per Share
Diluted EPS $9.32 $8.15 $9.37 $8.04
Basic EPS $9.39 $8.23 $9.50 $8.14
Other
Tax Effect Of Unusual Items $-4,174,009 $-12,038,008 $2,330,684 $-2,392,964
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $843,756,000 $781,033,000 $806,593,000 $712,174,000
Total Unusual Items $-18,199,000 $-55,860,000 $11,314,000 $-11,788,000
Total Unusual Items Excluding Goodwill $-18,199,000 $-55,860,000 $11,314,000 $-11,788,000
Reconciled Depreciation $98,546,000 $88,238,000 $86,670,000 $78,059,000
EBITDA (Bullshit earnings) $825,557,000 $725,173,000 $817,907,000 $700,386,000
EBIT $727,011,000 $636,935,000 $731,237,000 $622,327,000
Diluted Average Shares $55,875,000 $57,194,000 $58,221,000 $58,749,000
Basic Average Shares $55,410,000 $56,639,000 $57,364,000 $58,030,000
Diluted NI Availto Com Stockholders $520,533,000 $466,108,000 $545,248,000 $472,224,000
Tax Provision $154,917,000 $128,041,000 $141,618,000 $120,603,000
Restructuring And Mergern Acquisition $18,199,000 $55,860,000 $-11,314,000 $11,788,000
Selling General And Administration $797,994,000 $780,590,000 $758,910,000 $656,636,000
Minority Interests - - - $0
Fetched: 2026-06-25
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $332,684,000 $301,501,000 $427,733,000 $166,078,000
Total Assets $3,777,577,000 $3,520,142,000 $3,377,297,000 $3,180,546,000
Total Non Current Assets $2,038,065,000 $1,874,861,000 $1,684,186,000 $1,622,756,000
Other Non Current Assets $151,116,000 $152,137,000 $182,575,000 $187,111,000
Non Current Deferred Assets $47,077,000 $77,611,000 $45,176,000 $22,811,000
Non Current Deferred Taxes Assets $47,077,000 $77,611,000 $45,176,000 $22,811,000
Goodwill And Other Intangible Assets $1,137,110,000 $1,025,932,000 $881,119,000 $867,963,000
Other Intangible Assets $250,424,000 $221,005,000 $186,667,000 $202,706,000
Current Assets $1,739,512,000 $1,645,281,000 $1,693,111,000 $1,557,790,000
Other Current Assets $258,568,000 $242,003,000 $197,630,000 $153,660,000
Inventory $633,364,000 $544,037,000 $562,864,000 $665,451,000
Receivables $538,791,000 $481,979,000 $538,830,000 $541,529,000
Accounts Receivable $538,791,000 $481,979,000 $538,830,000 $541,529,000
Allowance For Doubtful Accounts Receivable $-11,326,000 $-12,674,000 $-11,464,000 $-12,556,000
Gross Accounts Receivable $550,117,000 $494,653,000 $550,294,000 $554,085,000
Cash Cash Equivalents And Short Term Investments $308,789,000 $377,262,000 $393,787,000 $197,150,000
Cash And Cash Equivalents $308,789,000 $377,262,000 $393,787,000 $197,150,000
Debt
Net Debt $982,541,000 $883,813,000 $711,423,000 $1,006,729,000
Total Debt $1,291,330,000 $1,261,075,000 $1,105,210,000 $1,203,879,000
Long Term Debt And Capital Lease Obligation $1,147,550,000 $1,150,551,000 $1,102,771,000 $1,110,396,000
Long Term Debt $1,147,550,000 $1,150,551,000 $1,102,771,000 $1,110,396,000
Current Debt And Capital Lease Obligation $143,780,000 $110,524,000 $2,439,000 $93,483,000
Current Debt $143,780,000 $110,524,000 $2,439,000 $93,483,000
Other Current Borrowings - $100,004,000 $4,000 $11,039,000
Liabilities
Total Liabilities Net Minority Interest $2,307,783,000 $2,192,709,000 $2,068,445,000 $2,146,505,000
Total Non Current Liabilities Net Minority Interest $1,351,092,000 $1,313,907,000 $1,313,835,000 $1,293,608,000
Other Non Current Liabilities $148,760,000 $152,892,000 $197,918,000 $166,190,000
Derivative Product Liabilities $2,678,000 - - -
Non Current Deferred Liabilities $52,104,000 $10,464,000 $13,146,000 $17,022,000
Non Current Deferred Taxes Liabilities $52,104,000 $10,464,000 $13,146,000 $17,022,000
Current Liabilities $956,691,000 $878,802,000 $754,610,000 $852,897,000
Other Current Liabilities $288,491,000 $325,156,000 $273,910,000 $261,087,000
Payables And Accrued Expenses $408,262,000 $338,748,000 $365,888,000 $388,958,000
Payables $408,262,000 $338,748,000 $365,888,000 $388,958,000
Dividends Payable $43,328,000 $42,158,000 $40,453,000 $36,879,000
Accounts Payable $364,934,000 $296,590,000 $325,435,000 $352,079,000
Equity
Common Stock Equity $1,469,794,000 $1,327,433,000 $1,308,852,000 $1,034,041,000
Total Equity Gross Minority Interest $1,469,794,000 $1,327,433,000 $1,308,852,000 $1,034,041,000
Stockholders Equity $1,469,794,000 $1,327,433,000 $1,308,852,000 $1,034,041,000
Gains Losses Not Affecting Retained Earnings $-205,931,000 $-300,135,000 $-229,847,000 $-275,398,000
Other Equity Adjustments $-205,931,000 $-300,135,000 $-229,847,000 $-275,398,000
Retained Earnings $4,342,080,000 $3,993,016,000 $3,688,038,000 $3,306,500,000
Other
Treasury Shares Number $43,735,484 $42,370,215 $41,605,619 $40,957,895
Ordinary Shares Number $54,845,950 $56,211,219 $56,975,815 $57,623,539
Share Issued $98,581,434 $98,581,434 $98,581,434 $98,581,434
Tangible Book Value $332,684,000 $301,501,000 $427,733,000 $166,078,000
Invested Capital $2,761,124,000 $2,588,508,000 $2,414,062,000 $2,237,920,000
Working Capital $782,821,000 $766,479,000 $938,501,000 $704,893,000
Total Capitalization $2,617,344,000 $2,477,984,000 $2,411,623,000 $2,144,437,000
Treasury Stock $3,277,779,000 $2,942,046,000 $2,682,554,000 $2,488,776,000
Additional Paid In Capital $601,566,000 $566,740,000 $523,357,000 $481,857,000
Capital Stock $9,858,000 $9,858,000 $9,858,000 $9,858,000
Common Stock $9,858,000 $9,858,000 $9,858,000 $9,858,000
Preferred Stock $0 $0 $0 $0
Line Of Credit $143,780,000 $10,520,000 $2,435,000 $82,444,000
Pensionand Other Post Retirement Benefit Plans Current $116,158,000 $104,374,000 $112,373,000 $109,369,000
Goodwill $886,686,000 $804,927,000 $694,452,000 $665,257,000
Net PPE $702,762,000 $619,181,000 $575,316,000 $544,871,000
Accumulated Depreciation $-942,806,000 $-865,634,000 $-876,990,000 $-890,543,000
Gross PPE $1,645,568,000 $1,484,815,000 $1,452,306,000 $1,435,414,000
Machinery Furniture Equipment $1,080,026,000 $975,480,000 $939,316,000 $916,870,000
Buildings And Improvements $499,506,000 $445,319,000 $445,041,000 $447,098,000
Land And Improvements $66,036,000 $64,016,000 $67,949,000 $71,446,000
Properties $0 $0 $0 $0
Finished Goods $344,573,000 $267,035,000 $276,299,000 $319,597,000
Work In Process $124,351,000 $123,406,000 $125,756,000 $164,778,000
Raw Materials $164,440,000 $153,596,000 $160,809,000 $181,076,000
Minority Interest - - - $-99,000
Fetched: 2026-06-25
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $534,199,000 $482,374,000 $576,555,000 $311,503,000
Operating Activities
Operating Cash Flow $661,173,000 $598,977,000 $667,542,000 $383,386,000
Cash Flow From Continuing Operating Activities $661,173,000 $598,977,000 $667,542,000 $383,386,000
Operating Gains Losses $719,000 $3,792,000 $-36,187,000 $80,000
Investing Activities
Capital Expenditure $-126,974,000 $-116,603,000 $-90,987,000 $-71,883,000
Investing Cash Flow $-257,326,000 $-361,231,000 $-74,729,000 $-504,691,000
Cash Flow From Continuing Investing Activities $-257,326,000 $-361,231,000 $-74,729,000 $-504,691,000
Capital Expenditure Reported $-126,974,000 $-116,603,000 $-90,987,000 $-71,883,000
Net Other Investing Changes - $320,000 $-551,000 $159,000
Financing Activities
Repurchase Of Capital Stock $-338,308,000 $-263,751,000 $-198,765,000 $-181,293,000
Financing Cash Flow $-461,887,000 $-244,640,000 $-412,392,000 $133,725,000
Cash Flow From Continuing Financing Activities $-461,887,000 $-244,640,000 $-412,392,000 $133,725,000
Cash Dividends Paid $-168,240,000 $-162,143,000 $-148,010,000 $-130,724,000
Common Stock Dividend Paid $-168,240,000 $-162,143,000 $-148,010,000 $-130,724,000
Net Common Stock Issuance $-338,308,000 $-263,751,000 $-198,765,000 $-181,293,000
Net Other Financing Charges - $-3,922,000 - $-438,000
Other
Repayment Of Debt $-100,169,000 $-400,677,000 $-8,109,000 $0
Issuance Of Debt $0 $550,000,000 $0 $405,444,000
End Cash Position $308,789,000 $377,262,000 $393,787,000 $197,150,000
Beginning Cash Position $377,262,000 $393,787,000 $197,150,000 $192,958,000
Effect Of Exchange Rate Changes $-10,433,000 $-9,631,000 $16,216,000 $-8,228,000
Changes In Cash $-58,040,000 $-6,894,000 $180,421,000 $12,420,000
Proceeds From Stock Option Exercised $11,578,000 $27,404,000 $22,365,000 $6,385,000
Common Stock Payments $-338,308,000 $-263,751,000 $-198,765,000 $-181,293,000
Net Issuance Payments Of Debt $33,083,000 $157,772,000 $-87,982,000 $439,795,000
Net Short Term Debt Issuance $133,252,000 $8,449,000 $-79,873,000 $34,351,000
Net Long Term Debt Issuance $-100,169,000 $149,323,000 $-8,109,000 $405,444,000
Long Term Debt Payments $-100,169,000 $-400,677,000 $-8,109,000 $0
Long Term Debt Issuance $0 $550,000,000 $0 $405,444,000
Net Business Purchase And Sale $-137,530,000 $-252,746,000 $-32,685,000 $-436,298,000
Purchase Of Business $-137,530,000 $-252,746,000 $-32,685,000 $-436,298,000
Net PPE Purchase And Sale $7,178,000 $7,798,000 $49,494,000 $3,331,000
Sale Of PPE $7,178,000 $7,798,000 $49,494,000 $3,331,000
Change In Working Capital $-65,513,000 $43,008,000 $79,191,000 $-164,039,000
Change In Other Working Capital $-10,896,000 $868,000 $-303,000 $-8,197,000
Change In Other Current Liabilities $-26,090,000 $32,703,000 $10,056,000 $-8,199,000
Change In Other Current Assets $-10,568,000 $-41,558,000 $-35,608,000 $-18,297,000
Change In Payables And Accrued Expense $56,257,000 $-27,189,000 $-32,028,000 $16,852,000
Change In Payable $56,257,000 $-27,189,000 $-32,028,000 $16,852,000
Change In Account Payable $56,257,000 $-27,189,000 $-32,028,000 $16,852,000
Change In Inventory $-47,783,000 $25,355,000 $122,094,000 $-81,188,000
Change In Receivables $-26,433,000 $52,829,000 $14,980,000 $-65,010,000
Changes In Account Receivables $-26,433,000 $52,829,000 $14,980,000 $-65,010,000
Other Non Cash Items $3,796,000 $14,107,000 $-12,685,000 $20,082,000
Stock Based Compensation $20,348,000 $24,052,000 $26,231,000 $25,267,000
Deferred Tax $82,744,000 $-40,328,000 $-20,926,000 $-48,207,000
Deferred Income Tax $82,744,000 $-40,328,000 $-20,926,000 $-48,207,000
Depreciation Amortization Depletion $98,546,000 $88,238,000 $86,670,000 $78,059,000
Depreciation And Amortization $98,546,000 $88,238,000 $86,670,000 $78,059,000
Pension And Employee Benefit Expense $719,000 $3,792,000 $0 $0
Gain Loss On Sale Of PPE $0 $0 $-36,187,000 $0
Net Income From Continuing Operations $520,533,000 $466,108,000 $545,248,000 $472,224,000
Earnings Losses From Equity Investments - - - $80,000
Fetched: 2026-06-25