Lincoln Electric Holdings Inc

Lincoln Electric Holdings Inc

LECO · NASDAQ · Industrials / Tools & Accessories

282.86USD-1.74 (-0.61%)

Price History

Full chart

Market Stats

Previous Close284.60
Open285.62
Day Range280.36 – 286.10
52-Week Range214.18 – 308.07
Volume188.60K
Market Cap14.78B
P/E (TTM)27.17
Forward P/E21.23
EPS9.98
Dividend Yield1.16%
Beta1.22
50-Day Avg269.48
200-Day Avg263.66

About

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.

Company Details

  • SectorIndustrials
  • IndustryTools & Accessories
  • CEOMr. Steven B. Hedlund
  • Employees12.00K
  • Headquarters22221 St. Clair Avenue, Cleveland, OH, United States, 44117, USA
  • Websitehttps://www.lincolnelectric.com

Leadership

  • Mr. Steven B. HedlundPresident, CEO & Chairman · b. 1967
  • Mr. Gabriel BrunoExecutive VP, CFO & Treasurer · b. 1968
  • Ms. Jennifer I. Ansberry J.D.Executive VP, General Counsel & Secretary · b. 1974
  • Ms. Susan C. EdwardsExecutive VP & Chief Human Resources Officer · b. 1963
  • Ms. Amanda H. ButlerVice President of Investor Relations & Communications
  • Mr. Geoffrey P. AllmanSenior Vice President of Acquisition Integration · b. 1971
  • Mr. Gregory D. DoriaExecutive VP & President of International · b. 1977
  • Ms. Lisa A. DietrichExecutive VP & Chief Digital Information Officer · b. 1973
  • Mr. Kevin J. WhaleyExecutive VP & President of Global Automation · b. 1973
  • Ms. Lisa ShapiroVice President of Corporate Controller

Financials

Income Statement

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue906.70M1.03B1.11B1.16B1.19B1.09B1.06B978.88M994.08M1.04B1.33B1.60B1.97B2.28B2.48B1.73B2.07B2.69B2.85B2.85B2.81B2.54B2.27B2.62B3.03B3.00B2.66B3.23B3.76B4.19B4.01B4.23B
Growth (%)-+13.86%+7.43%+4.51%+2.38%-8.47%-2.54%-7.53%+1.55%+4.68%+28.17%+20.06%+23.15%+15.66%+8.70%-30.25%+19.71%+30.16%+5.89%-0.02%-1.38%-9.86%-10.30%+15.38%+15.40%-0.84%-11.58%+21.80%+16.30%+11.44%-4.37%+5.54%
Cost of Revenue528.30M604.90M657.00M690.00M701.50M685.30M668.79M671.55M694.05M759.92M971.32M1.16B1.42B1.63B1.76B1.27B1.51B1.96B1.99B1.91B1.86B1.67B1.49B1.74B2.00B2.00B1.78B2.17B2.48B2.71B2.53B2.70B
Gross Profit378.40M427.50M452.10M469.10M485.20M400.90M389.81M307.33M300.02M280.67M362.36M436.92M552.28M647.57M720.15M456.27M563.82M736.74M867.70M946.77M952.76M864.02M786.56M879.68M1.03B1.01B871.34M1.07B1.28B1.48B1.48B1.54B
Gross Margin41.73%41.41%40.76%40.47%40.89%36.91%36.82%31.40%30.18%26.97%27.17%27.29%28.01%28.39%29.05%26.38%27.24%27.34%30.41%33.19%33.87%34.07%34.58%33.52%33.96%33.55%32.81%33.04%34.05%35.25%36.87%36.30%
Operating Expense289.70M319.50M339.80M334.20M337.80M252.90M250.93M190.16M208.50M212.45M259.06M287.07M319.31M369.93M424.75M363.29M377.39M440.06M505.61M539.79M579.02M682.32M498.29M501.97M652.98M636.68M589.27M606.94M668.42M759.85M841.48M820.67M
Operating Income88.70M108.00M112.30M134.90M147.40M148.00M138.88M117.17M91.52M68.22M103.30M149.84M232.97M277.63M295.40M92.98M186.43M296.68M362.08M406.99M373.75M181.70M288.27M377.71M375.54M370.91M282.07M461.67M612.34M717.85M636.46M714.95M
Operating Margin9.78%10.46%10.13%11.64%12.42%13.63%13.12%11.97%9.21%6.56%7.75%9.36%11.81%12.17%11.92%5.38%9.01%11.01%12.69%14.27%13.28%7.17%12.67%14.39%12.40%12.35%10.62%14.27%16.28%17.13%15.88%16.90%
EBITDA116.70M137.70M141.80M163.30M175.50M177.10M173.59M153.37M91.52M68.22M103.30M193.47M282.16M351.20M368.89M152.75M251.16M370.09M442.42M504.29M516.89M441.64M383.95M416.69M473.29M466.88M410.35M675.23M708.11M789.48M800.52M835.13M
EBITDA Margin12.87%13.34%12.79%14.09%14.79%16.30%16.40%15.67%9.21%6.56%7.75%12.08%14.31%15.40%14.88%8.83%12.13%13.73%15.51%17.68%18.37%17.42%16.88%15.88%15.63%15.55%15.45%20.88%18.83%18.83%19.97%19.74%
Net Income48.00M61.50M74.30M85.40M93.70M73.90M78.09M83.59M29.27M54.54M80.60M122.31M175.01M202.74M212.29M48.58M130.24M217.19M257.41M293.78M254.69M127.48M198.40M247.50M287.07M293.11M206.12M276.58M472.22M545.25M466.11M520.53M
Net Income Margin5.29%5.96%6.70%7.37%7.90%6.80%7.38%8.54%2.94%5.24%6.04%7.64%8.88%8.89%8.56%2.81%6.29%8.06%9.02%10.30%9.05%5.03%8.72%9.43%9.48%9.76%7.76%8.55%12.56%13.01%11.63%12.30%
R&D------16.60M17.95M19.15M19.18M20.02M21.59M24.05M25.79M26.74M27.57M29.49M32.83M37.30M42.13M43.26M47.18M44.72M47.90M54.17M56.84M51.41M55.97M63.21M71.23M81.82M85.55M
R&D as % of Total Revenue------1.57%1.83%1.93%1.84%1.50%1.35%1.22%1.13%1.08%1.59%1.42%1.22%1.31%1.48%1.54%1.86%1.97%1.83%1.79%1.89%1.94%1.73%1.68%1.70%2.04%2.02%
Interest Expense000000009.06M8.12M6.14M7.95M10.15M11.43M12.15M8.52M6.69M6.70M4.19M2.86M10.43M21.82M19.08M24.22M17.57M23.41M21.97M22.21M29.50M44.37M42.79M61.13M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.91%0.78%0.46%0.50%0.51%0.50%0.49%0.49%0.32%0.25%0.15%0.10%0.37%0.86%0.84%0.92%0.58%0.78%0.83%0.69%0.78%1.06%1.07%1.45%

Balance Sheet

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets556.90M617.80M647.20M712.20M782.90M775.40M790.28M781.31M901.27M928.87M1.06B1.16B1.39B1.65B1.72B1.71B1.78B1.98B2.09B2.15B1.94B1.78B1.94B2.41B2.35B2.37B2.31B2.59B3.18B3.38B3.52B3.78B
Total Liabilities356.00M282.40M255.40M275.00M292.00M323.90M342.98M282.61M472.12M450.36M481.89M508.87M541.60M558.08M723.49M619.62M634.31M783.53M731.54M621.18M653.43M851.72M1.23B1.47B1.46B1.55B1.52B1.73B2.15B2.07B2.19B2.31B
Total Equity194.10M329.90M391.80M437.20M490.90M451.50M447.30M498.70M429.15M478.51M577.28M652.29M852.98M1.09B995.31M1.07B1.15B1.19B1.36B1.53B1.29B932.45M712.21M932.45M887.59M819.08M789.27M864.10M1.03B1.31B1.33B1.47B
Cash10.40M10.10M40.50M46.60M39.10M8.70M11.32M23.49M176.08M170.51M92.82M108.01M120.21M217.38M284.33M388.14M366.19M361.10M286.46M299.82M278.38M304.18M379.18M326.70M358.85M199.56M257.28M192.96M197.15M393.79M377.26M308.79M
Total Debt212.90M123.40M77.20M66.30M60.70M75.10M93.69M50.78M188.52M173.36M167.37M166.02M161.10M118.23M142.23M123.72M97.70M103.38M20.27M19.09M70.65M354.63M705.59M706.27M702.66M799.92M763.68M819.00M1.25B1.16B1.32B1.29B
Net Debt202.50M113.30M36.70M19.70M21.60M66.40M82.37M27.29M12.45M2.85M74.56M58.01M40.89M-99.15M-142.10M-264.42M-268.49M-257.72M-267.79M-284.53M-210.21M-299.90M-377.29M-324.57M-358.74M600.36M506.40M626.04M1.05B766.10M939.05M982.54M

Cash Flow

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow68.70M65.50M107.80M88.90M122.10M81.10M120.83M120.23M103.60M95.69M51.26M117.02M118.68M249.83M257.45M250.35M156.98M193.52M327.48M338.89M401.70M310.86M303.40M334.85M329.15M403.19M351.36M365.06M383.39M667.54M598.98M661.17M
Investing Cash Flow-32.30M-45.40M-17.40M-58.30M-77.70M-26.70M-52.07M-35.99M-38.49M-35.60M-58.49M-69.47M-89.72M-79.70M-115.80M-63.58M-69.40M-130.80M-187.47M-129.50M-78.98M-85.35M-159.95M-272.03M20.84M-192.82M-49.21M-205.36M-504.69M-74.73M-361.23M-257.33M
Financing Cash Flow-47.30M-20.20M-60.80M-24.80M-53.20M-84.10M-64.66M-72.34M88.47M-69.33M-16.92M-28.13M-17.73M-77.59M-67.74M-89.07M-109.51M-63.37M-216.84M-194.18M-314.36M-169.91M-62.85M-135.04M-302.13M-371.94M-246.14M-221.94M133.72M-412.39M-244.64M-461.89M
Capital Expenditure37.40M48.40M39.80M37.30M92.20M63.30M34.80M36.72M27.91M34.84M56.44M50.41M76.00M61.63M72.43M38.20M60.56M65.81M52.72M76.02M72.99M50.51M49.88M61.66M71.25M69.61M59.20M62.53M71.88M90.99M116.60M126.97M
Free Cash Flow31.30M17.10M68.00M51.60M29.90M17.80M86.03M83.51M75.69M60.85M-5.18M66.61M42.68M188.20M185.02M212.15M96.41M127.70M274.77M262.88M328.71M260.35M253.53M273.19M257.91M333.57M292.16M302.53M311.50M576.55M482.37M534.20M
Dividends Paid8.10M9.10M11.90M14.10M19.60M22.10M24.03M25.42M25.39M26.69M27.48M30.04M32.27M37.74M42.76M45.80M47.36M51.94M73.11M49.28M73.26M86.97M87.33M92.45M102.06M117.92M118.12M121.85M130.72M148.01M162.14M168.24M
FCF to OCF45.56%26.11%63.08%58.04%24.49%21.95%71.20%69.46%73.06%63.59%-10.11%56.92%35.96%75.33%71.87%84.74%61.42%65.99%83.90%77.57%81.83%83.75%83.56%81.59%78.35%82.73%83.15%82.87%81.25%86.37%80.53%80.80%
Dividend Paid to FCF25.88%53.22%17.50%27.33%65.55%124.16%27.94%30.44%33.55%43.86%-530.50%45.09%75.62%20.06%23.11%21.59%49.13%40.67%26.61%18.75%22.29%33.40%34.45%33.84%39.57%35.35%40.43%40.28%41.97%25.67%33.61%31.49%

Earnings

Report DateOct 25, 1995Feb 28, 1996Apr 25, 1996Jul 25, 1996Oct 24, 1996Feb 19, 1997Apr 22, 1997Jul 24, 1997Oct 23, 1997Feb 10, 1998Apr 23, 1998Jul 22, 1998Oct 22, 1998Feb 3, 1999Apr 22, 1999Jul 22, 1999Oct 21, 1999Feb 3, 2000Apr 19, 2000Jul 19, 2000Oct 20, 2000Feb 8, 2001Apr 18, 2001Jul 18, 2001Oct 17, 2001Feb 7, 2002Apr 17, 2002Jul 17, 2002Oct 18, 2002Feb 7, 2003Apr 16, 2003Jul 18, 2003Oct 17, 2003Feb 13, 2004Apr 15, 2004Jul 20, 2004Oct 27, 2004Feb 17, 2005Apr 29, 2005Jul 28, 2005Oct 31, 2005Feb 21, 2006Apr 26, 2006Jul 25, 2006Oct 25, 2006Feb 22, 2007Apr 26, 2007Jul 26, 2007Oct 25, 2007Feb 22, 2008Apr 23, 2008Jul 23, 2008Oct 22, 2008Feb 23, 2009Apr 28, 2009Jul 28, 2009Oct 30, 2009Feb 22, 2010Apr 27, 2010Jul 27, 2010Oct 27, 2010Feb 18, 2011Apr 26, 2011Jul 21, 2011Oct 27, 2011Feb 17, 2012Apr 24, 2012Jul 30, 2012Oct 31, 2012Feb 15, 2013Apr 23, 2013Jul 29, 2013Oct 31, 2013Feb 14, 2014Apr 23, 2014Jul 27, 2014Oct 30, 2014Feb 17, 2015Apr 21, 2015Jul 27, 2015Oct 30, 2015Feb 23, 2016Apr 19, 2016Jul 25, 2016Oct 21, 2016Feb 14, 2017Apr 18, 2017Jul 25, 2017Oct 27, 2017Feb 14, 2018Apr 23, 2018Jul 23, 2018Oct 25, 2018Feb 14, 2019Apr 22, 2019Jul 23, 2019Oct 30, 2019Feb 13, 2020Apr 27, 2020Jul 27, 2020Oct 27, 2020Feb 12, 2021Apr 27, 2021Jul 27, 2021Oct 28, 2021Feb 10, 2022Apr 28, 2022Jul 28, 2022Oct 27, 2022Feb 21, 2023Apr 27, 2023Jul 27, 2023Oct 27, 2023Feb 15, 2024Apr 25, 2024Jul 31, 2024Oct 31, 2024Feb 13, 2025Apr 30, 2025Jul 31, 2025Oct 30, 2025Feb 12, 2026Apr 30, 2026Jul 30, 2026Oct 29, 2026
EPS Estimate0.150.130.200.200.170.160.210.220.210.200.240.260.240.220.260.270.250.240.280.280.250.220.240.250.240.220.220.230.230.230.170.180.170.180.210.260.270.270.260.320.320.320.370.480.470.480.520.610.590.540.610.690.660.440.110.140.220.310.280.340.380.410.440.550.620.630.660.860.740.730.780.890.840.860.900.910.910.910.840.910.880.780.680.830.820.810.790.940.940.961.091.221.211.201.221.281.241.131.000.350.791.061.181.481.521.571.671.971.951.902.052.322.252.182.172.292.051.992.232.312.422.542.432.812.81
EPS Actual0.130.140.190.200.190.180.210.230.220.210.240.260.240.220.260.260.260.260.280.270.220.240.260.260.230.230.210.230.220.220.160.170.170.170.230.280.280.250.280.360.360.350.440.510.520.520.560.640.570.560.620.810.800.440.050.170.320.330.290.390.400.450.500.680.660.680.760.810.800.790.920.910.861.090.911.010.940.960.890.950.890.750.760.830.890.810.880.970.931.011.101.221.211.291.171.281.091.151.000.801.101.241.371.671.561.612.102.182.041.942.132.442.402.452.232.342.142.572.162.602.472.652.502.93-
Surprise-13.33%7.69%-5.00%0.00%11.76%12.50%0.00%4.55%4.76%5.00%0.00%0.00%0.00%0.00%0.00%-3.70%4.00%8.33%0.00%-3.57%-12.00%9.09%8.33%4.00%-4.17%4.55%-4.55%0.00%-4.35%-4.35%-5.88%-5.56%0.00%-5.56%9.52%7.69%3.70%-7.41%7.69%12.50%12.50%9.38%18.92%6.25%10.64%8.33%7.69%4.92%-3.39%3.70%1.64%17.39%21.21%0.00%-54.55%21.43%45.45%6.45%3.57%14.71%5.26%9.76%13.64%23.64%6.45%7.94%15.15%-5.81%8.11%8.22%17.95%2.25%2.38%26.74%1.11%10.99%3.30%5.49%5.95%4.40%1.14%-3.85%11.76%0.00%8.54%0.00%11.39%3.19%-1.06%5.21%0.92%0.00%0.00%7.50%-4.10%0.00%-12.10%1.77%0.00%128.57%39.24%16.98%16.10%12.84%2.63%2.55%25.75%10.66%4.62%2.11%3.90%5.17%6.67%12.39%2.77%2.18%4.39%28.85%-3.14%12.55%2.07%4.33%2.88%4.27%-
Timing-------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market-----------Pre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap14.78B
Enterprise Value15.24B
Trailing P/E27.17
Forward P/E21.23
PEG Ratio1.48
Price / Sales3.30
Price / Book9.22
EPS9.98
Book Value28.51
Revenue (TTM)4.48B
Gross Profit (TTM)1.62B
EBITDA885.02M
Profit Margin12.35%
Operating Margin18.24%
Return on Equity37.74%
Return on Assets12.98%
Shares Outstanding54.51M
Shares Float53.47M
Beta1.22
Dividend Yield1.16%
Dividend Rate3.16
Payout Ratio29.95%

Analyst Ratings

Buy
Based on 10 analystsTarget 304.91
  • Strong Buy
    5
  • Buy
    1
  • Hold
    3
  • Strong Sell
    1

Ownership Breakdown

Institutions
83.04%
Insiders
1.52%
Retail / Other
15.44%

Top Institutional Holders

  • BlackRock Inc
    5.22M9.58%
  • Vanguard Portfolio Management, LLC
    2.54M4.66%
  • Vanguard Capital Management, LLC
    2.46M4.51%
  • State Street Corp
    2.23M4.09%
  • NORGES BANK
    1.73M3.17%
  • Victory Capital Management Inc.
    1.39M2.55%
  • Geode Capital Management, LLC
    1.37M2.50%
  • Amvescap Plc.
    1.17M2.14%
  • AQR Capital Management LLC
    1.14M2.08%
  • JPMorgan Chase & Co
    965.56K1.77%
  • Boston Partners Global Investors, Inc
    825.12K1.51%
  • Pictet Asset Manangement SA
    659.04K1.21%
  • Park Edge Advisors, LLC
    631.14K1.16%
  • KeyBank National Association
    532.01K0.98%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    1.92M3.52%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.74M3.20%
  • Vanguard Small Cap Index
    1.26M2.31%
  • Victory Sycamore Established Value R
    980.00K1.80%
  • Vanguard MStar Small Cap Growth Indx Inv
    723.44K1.33%
  • JHancock Disciplined Value Mid Cap I
    556.38K1.02%

Dividends

20263×
0.79Sep 30, 20260.79Jun 30, 20260.79Mar 31, 2026
20254×
0.79Dec 31, 20250.75Sep 30, 20250.75Jun 30, 20250.75Mar 31, 2025
20244×
0.75Dec 31, 20240.71Sep 30, 20240.71Jun 28, 20240.71Mar 27, 2024
20234×
0.71Dec 28, 20230.64Sep 28, 20230.64Jun 29, 20230.64Mar 30, 2023
20224×
0.64Dec 29, 20220.56Sep 29, 20220.56Jun 29, 20220.56Mar 30, 2022
20214×
0.56Dec 30, 20210.51Sep 29, 20210.51Jun 29, 20210.51Mar 30, 2021
20201×
0.51Dec 30, 2020

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