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Lincoln Electric Holdings Inc (LECO) Financials

LECO
Trailing 12 months to June 30, 2026
Revenue $4.5B +9.3% YoY
Net Income $553.6M +10.1% YoY
EPS (Diluted) $10.02 +12.6% YoY
Free Cash Flow $542.4M +7.4% YoY
Market Cap $14.8B as of Sep 30, 2026
Price / Sales 3.3x on $4.5B revenue, trailing 12 months to June 30, 2026
Price / Earnings 26.7x on $553.6M net income, trailing 12 months to June 30, 2026
Price / Book 9.5x on $1.6B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LECO SEC filings page.

Lincoln Electric Holdings Inc (LECO) reported $4.5B in revenue over the twelve months to Jun 30, 2026, up 9.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LECO FY2025

Lincoln Electric converts earnings into cash, expands through reinvestment, and returns capital while keeping leverage broadly contained.

FY2025's revenue recovery coincided with operating margin returning to 17.0% from 15.9%, but gross margin edged lower; that combination points to below-gross-profit cost absorption or mix rather than richer product margins. Operating cash flow reached $661M against $521M of net income, showing cash generation exceeded reported earnings and remained positive after capital spending.

The balance sheet became larger without becoming more debt-dependent: assets reached $3.8B while debt-to-equity declined to 0.8x, implying equity growth absorbed expansion more than incremental leverage. Inventory rose to $633M while the current ratio eased to 1.8x, indicating more working capital tied up in goods and a narrower short-term cushion.

FY2025 free cash flow of $534M funded $338M of buybacks plus dividends, making shareholder distributions a major use of internally generated cash. Capital spending increased from $117M to $127M, so reinvestment is rising but remains smaller than the cash allocated back to shareholders.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 65 / 100
Financial Health Score 65/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Lincoln Electric Holdings Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
86

Lincoln Electric Holdings Inc has an operating margin of 17.0%, meaning the company retains $17 of operating profit per $100 of revenue. This strong profitability earns a score of 86/100, reflecting efficient cost management and pricing power. This is up from 15.9% the prior year.

Growth
33

Lincoln Electric Holdings Inc's revenue grew 5.6% year-over-year to $4.2B, a solid pace of expansion. This earns a growth score of 33/100.

Leverage
47

Lincoln Electric Holdings Inc has a moderate D/E ratio of 0.78. This balance of debt and equity financing earns a leverage score of 47/100.

Liquidity
54

Lincoln Electric Holdings Inc's current ratio of 1.82 indicates adequate short-term liquidity, earning a score of 54/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
73

Lincoln Electric Holdings Inc converts 12.6% of revenue into free cash flow ($534.2M). This strong cash generation earns a score of 73/100.

Returns
95

Lincoln Electric Holdings Inc earns a strong 35.4% return on equity (ROE), meaning it generates $35 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 95/100. This is up from 35.1% the prior year.

Altman Z-Score Safe
7.44

Lincoln Electric Holdings Inc scores 7.44, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($14.8B) relative to total liabilities ($2.3B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral
6/9

Lincoln Electric Holdings Inc passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
1.27x

For every $1 of reported earnings, Lincoln Electric Holdings Inc generates $1.27 in operating cash flow ($661.2M OCF vs $520.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe
12.30x

Lincoln Electric Holdings Inc earns $12.30 in operating income for every $1 of interest expense ($718.1M vs $58.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue
$1.2B
YoY+12.0%
QoQ+8.8%
5Y CAGR+8.1%
10Y CAGR+7.5%

Lincoln Electric Holdings Inc generated $1.2B in revenue in Q2 2026. This represents an increase of 12.0% from the same quarter a year earlier. Against the prior quarter it is up 8.8%.

EBITDA
$246.6M
YoY+13.9%
QoQ+16.2%
5Y CAGR+11.8%

Lincoln Electric Holdings Inc's EBITDA was $246.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 13.9% from the same quarter a year earlier. Against the prior quarter it is up 16.2%.

Net Income
$158.5M
YoY+10.5%
QoQ+16.2%
5Y CAGR+10.5%
10Y CAGR+17.6%

Lincoln Electric Holdings Inc reported $158.5M in net income in Q2 2026. This represents an increase of 10.5% from the same quarter a year earlier. Against the prior quarter it is up 16.2%.

EPS (Diluted)
$2.88
YoY+12.5%
QoQ+16.6%
5Y CAGR+12.5%
10Y CAGR+20.4%

Lincoln Electric Holdings Inc earned $2.88 per diluted share (EPS) in Q2 2026. This represents an increase of 12.5% from the same quarter a year earlier. Against the prior quarter it is up 16.6%.

Cash & Balance Sheet

Free Cash Flow
$222.3M
YoY+87.8%
QoQ+252.9%
5Y CAGR+22.0%
10Y CAGR+9.9%

Lincoln Electric Holdings Inc generated $222.3M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 87.8% from the same quarter a year earlier. Against the prior quarter it is up 252.9%.

Cash & Debt
$242.4M
YoY-19.0%
QoQ-18.9%
5Y CAGR+4.9%
10Y CAGR+0.2%

Lincoln Electric Holdings Inc held $242.4M in cash against $1.2B in long-term debt as of Q2 2026.

Dividends Per Share
$0.79
YoY+5.3%
QoQ0.0%
5Y CAGR+9.1%
10Y CAGR+9.5%

Lincoln Electric Holdings Inc paid $0.79 per share in dividends in Q2 2026. This represents an increase of 5.3% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding
55M
YoY-1.2%
QoQ-0.5%
5Y CAGR-1.7%
10Y CAGR-2.1%

Lincoln Electric Holdings Inc had 55M shares outstanding in Q2 2026. This represents a decrease of 1.2% from the same quarter a year earlier. Against the prior quarter it is down 0.5%.

Margins & Returns

Gross Margin
36.8%
YoY-0.4pp
QoQ+1.2pp
5Y change+3.7pp
10Y change+2.6pp

Lincoln Electric Holdings Inc's gross margin was 36.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.2 percentage points.

Operating Margin
18.1%
YoY+0.4pp
QoQ+1.5pp
5Y change+3.4pp

Lincoln Electric Holdings Inc's operating margin was 18.1% in Q2 2026, reflecting core business profitability. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.5 percentage points.

Net Margin
13.0%
YoY-0.2pp
QoQ+0.8pp
5Y change+1.4pp
10Y change+7.7pp

Lincoln Electric Holdings Inc's net profit margin was 13.0% in Q2 2026, showing the share of revenue converted to profit. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.8 percentage points.

Return on Equity
10.2%
YoY-0.2pp
QoQ+1.2pp
5Y change-1.0pp
10Y change+6.2pp

Lincoln Electric Holdings Inc's ROE was 10.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.2 percentage points.

Capital Allocation

Share Buybacks
$76.1M
YoY-40.1%
QoQ+34.3%
5Y CAGR+24.7%
10Y CAGR-2.7%

Lincoln Electric Holdings Inc spent $76.1M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 40.1% from the same quarter a year earlier. Against the prior quarter it is up 34.3%.

Capital Expenditures
$31.4M
YoY+23.6%
QoQ-19.7%
5Y CAGR+12.0%
10Y CAGR+7.1%

Lincoln Electric Holdings Inc invested $31.4M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 23.6% from the same quarter a year earlier. Against the prior quarter it is down 19.7%.

R&D Spending

Not reported for Q2 2026.

LECO Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LECO quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$1.2B+12.0%$1.1B+11.7%$1.1B+5.5%$1.1B+7.9%$1.1B+6.6%$1.0B+2.4%$1.0B-3.4%$983.8M-4.8%
Cost of Revenue$770.7M+12.8%$722.3M+13.0%$704.8M+7.9%$671.9M+6.4%$683.1M+7.1%$638.9M+4.3%$653.4M-5.0%$631.7M-5.4%
Gross Profit$449.0M+10.7%$399.1M+9.2%$373.9M+1.4%$389.3M+10.6%$405.5M+5.7%$365.4M-0.8%$368.6M-0.6%$352.1M-3.7%
SG&A Expenses$224.9M+6.6%$210.8M+7.2%$183.6M-1.8%$206.8M+11.0%$210.9M+1.1%$196.7M-1.0%$187.1M-1.0%$186.3M-0.4%
Operating Income$220.6M+14.8%$186.2M+12.9%$184.3M+4.1%$176.7M+21.4%$192.1M+29.1%$164.9M-0.1%$177.0M-13.2%$145.6M-15.1%
EBITDA$246.6M+13.9%$212.2M+12.4%$209.9M+4.9%$201.4M+19.7%$216.6M+27.6%$188.7M+1.1%$200.2M-11.4%$168.2M-12.8%
Interest Expense$14.3M+0.3%$14.8M+2.6%$14.6M+2.6%$15.1M+7.6%$14.3M+13.0%$14.4M+19.9%$14.2M+19.3%$14.1M+11.2%
Income Tax$49.4M+22.9%$37.0M+6.4%$36.6M+36.6%$43.4M+39.1%$40.2M+15.0%$34.7M-1.0%$26.8M-33.6%$31.2M-2.8%
Net Income$158.5M+10.5%$136.4M+15.1%$136.0M-3.0%$122.6M+21.7%$143.4M+41.0%$118.5M-4.0%$140.2M-10.5%$100.8M-22.1%
EPS (Basic)$2.90+12.4%$2.49+18.0%$2.47-0.8%$2.23+25.3%$2.58+44.1%$2.11-2.8%$2.49-9.1%$1.78-21.2%
EPS (Diluted)$2.88+12.5%$2.47+17.6%$2.46-0.4%$2.21+24.9%$2.56+44.6%$2.10-1.9%$2.47-8.5%$1.77-20.3%
Diluted Shares (Avg)55M-1.5%55M-2.1%N/A56M-2.6%56M-2.4%57M-1.9%N/A57M-1.8%

Not reported in any period shown, so not listed: R&D Expenses.

LECO Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LECO quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$3.8B+2.3%$3.9B+7.6%$3.8B+7.3%$3.8B+4.1%$3.7B+9.1%$3.6B+7.3%$3.5B+4.2%$3.7B+10.2%
Current Assets$1.8B+2.0%$1.9B+7.7%$1.7B+5.7%$1.8B+1.3%$1.7B+7.0%$1.7B+3.0%$1.6B-2.8%$1.8B+5.1%
Cash & Equivalents$242.4M-19.0%$298.9M-24.3%$308.8M-18.1%$293.0M-27.5%$299.5M+9.8%$394.7M+5.3%$377.3M-4.2%$404.2M+18.0%
Short-Term Investments$0$0$0$0$0$0$0$0
Inventory$690.5M+11.1%$693.9M+20.8%$633.4M+16.4%$671.5M+9.7%$621.4M+6.6%$574.3M+1.2%$544.0M-3.3%$612.4M0.0%
Accounts Receivable$586.3M+5.8%$598.3M+14.5%$538.8M+11.8%$501.5M-3.0%$554.3M+0.9%$522.7M-4.0%$482.0M-10.6%$517.0M-3.8%
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$885.2M+6.7%$886.4M+8.9%$886.7M+10.2%$887.9M+8.4%$829.5M+4.7%$813.7M+17.9%$804.9M+15.9%$818.8M+19.3%
Total Liabilities$2.3B-3.8%$2.4B+4.6%$2.3B+5.2%$2.4B+3.2%$2.3B+11.7%$2.3B+10.3%$2.2B+6.0%$2.3B+10.7%
Current Liabilities$888.1M-13.4%$1.0B+5.2%$956.7M+8.9%$1.0B+9.3%$1.0B+30.8%$969.9M+29.5%$878.8M+16.5%$951.3M+17.7%
Non-Current Liabilities$1.4B+3.7%$1.4B+4.1%$1.4B+2.8%$1.4B-0.9%$1.3B+0.3%$1.3B-0.6%$1.3B0.0%$1.4B+6.3%
Long-Term Debt$1.2B0.0%$1.2B0.0%$1.2B0.0%$1.2B0.0%$1.2B+4.7%$1.2B+4.3%$1.2B+4.3%$1.2B+4.3%
Total Equity$1.6B+12.7%$1.5B+12.8%$1.5B+10.7%$1.4B+5.6%$1.4B+5.1%$1.3B+2.5%$1.3B+1.4%$1.3B+9.3%
Retained Earnings$4.5B+9.1%$4.4B+9.1%$4.3B+8.7%$4.2B+9.1%$4.2B+8.7%$4.1B+8.0%$4.0B+8.3%$3.9B+8.8%

LECO Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LECO quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$253.8M+76.4%$102.2M-45.0%$95.0M-0.9%$236.7M+18.8%$143.8M-15.7%$185.7M+39.3%$95.8M-21.3%$199.2M-10.7%
Depreciation & Amortization$26.0M+6.2%$26.0M+9.4%$25.6M+10.4%$24.7M+9.3%$24.5M+17.2%$23.8M+10.2%$23.1M+5.3%$22.6M+5.4%
Stock-Based CompensationN/A$9.6M+14.7%N/AN/AN/A$8.4M-41.1%N/AN/A
Capital Expenditures$31.4M+23.6%$39.2M+45.3%$42.9M+36.4%$31.6M-11.4%$25.4M+10.0%$26.9M+2.6%$31.5M+28.4%$35.7M+37.9%
Free Cash Flow$222.3M+87.8%$63.0M-60.3%$52.0M-19.1%$205.1M+25.4%$118.4M-19.8%$158.7M+48.3%$64.3M-33.8%$163.5M-17.1%
Investing Cash Flow-$30.5M+46.7%-$38.7M-73.6%-$43.1M-66.4%-$134.8M-0.1%-$57.2M+67.3%-$22.3M+14.0%-$25.9M-198.1%-$134.6M-443.6%
Financing Cash Flow-$283.0M-63.4%-$72.6M+49.8%-$36.5M+60.5%-$107.7M-262.8%-$173.2M-86.2%-$144.5M-15.2%-$92.3M+8.6%$66.2M+178.3%
Dividends Paid$43.4M+3.5%$44.1M+2.6%$41.8M+4.0%$41.6M+3.2%$41.9M+3.7%$43.0M+4.1%$40.2M+9.3%$40.3M+9.4%
Share Buybacks$76.1M-40.1%$56.7M-46.9%$51.8M-1.4%$52.7M+4.5%$127.1M+152.2%$106.7M-3.4%$52.5M-22.9%$50.4M+11.1%

LECO Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LECO quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin36.8%-0.4pp35.6%-0.8pp34.7%-1.4pp36.7%+0.9pp37.3%-0.3pp36.4%-1.2pp36.1%+1.0pp35.8%+0.4pp
Operating Margin18.1%+0.4pp16.6%+0.2pp17.1%-0.2pp16.7%+1.9pp17.6%+3.1pp16.4%-0.4pp17.3%-2.0pp14.8%-1.8pp
Net Margin13.0%-0.2pp12.2%+0.4pp12.6%-1.1pp11.6%+1.3pp13.2%+3.2pp11.8%-0.8pp13.7%-1.1pp10.2%-2.3pp
Return on Equity10.2%-0.2pp9.0%+0.2pp9.3%-1.3pp8.7%+1.1pp10.4%+2.6pp8.8%-0.6pp10.6%-1.4pp7.5%-3.0pp
Return on Assets4.2%+0.3pp3.5%+0.2pp3.6%-0.4pp3.2%+0.5pp3.9%+0.9pp3.3%-0.4pp4.0%-0.7pp2.8%-1.1pp
Current Ratio1.98+0.3x1.830.0x1.82-0.1x1.71-0.1x1.68-0.4x1.78-0.5x1.87-0.4x1.85-0.2x
Debt-to-Equity0.74-0.1x0.76-0.1x0.78-0.1x0.810.0x0.830.0x0.860.0x0.870.0x0.860.0x
Asset Turnover0.320.0x0.290.0x0.290.0x0.280.0x0.290.0x0.280.0x0.290.0x0.270.0x
FCF Margin18.2%+7.4pp5.6%-10.2pp4.8%-1.5pp19.3%+2.7pp10.9%-3.6pp15.8%+4.9pp6.3%-2.9pp16.6%-2.5pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Lincoln Electric Holdings Inc LECO FY2025 $4.2B $520.5M 12.3% $14.8B 65/100
Stanley Black & Decker, Inc. SWK FY2025 $15.1B $401.9M 2.7% $13.4B 26/100
RBC Bearings Incorporated RBC FY2026 $1.9B $287.6M 15.4% $15.9B 53/100
Snap-on Incorporated SNA FY2025 $5.2B $1.0B 19.7% $19.0B 67/100
Toro Company (The) TTC FY2025 $4.5B $316.1M 7.0% $9.2B 59/100
The Timken Company TKR FY2025 $4.6B $288.4M 6.3% $8.1B 58/100

Frequently Asked Questions

What is Lincoln Electric Holdings Inc's annual revenue?

Lincoln Electric Holdings Inc (LECO) reported $4.2B in total revenue for fiscal year 2025. This represents a 5.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Lincoln Electric Holdings Inc's revenue growing?

Lincoln Electric Holdings Inc (LECO) revenue grew by 5.6% year-over-year, from $4.0B to $4.2B in fiscal year 2025.

Is Lincoln Electric Holdings Inc profitable?

Yes, Lincoln Electric Holdings Inc (LECO) reported a net income of $520.5M in fiscal year 2025, with a net profit margin of 12.3%.

Lincoln Electric Holdings Inc (LECO) reported diluted earnings per share of $9.32 for fiscal year 2025. This represents a 14.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Lincoln Electric Holdings Inc (LECO) had EBITDA of $816.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Lincoln Electric Holdings Inc (LECO) had $308.8M in cash and equivalents against $1.2B in long-term debt.

Lincoln Electric Holdings Inc (LECO) had a gross margin of 36.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Lincoln Electric Holdings Inc (LECO) had an operating margin of 17.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Lincoln Electric Holdings Inc (LECO) had a net profit margin of 12.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Lincoln Electric Holdings Inc (LECO) paid $3.04 per share in dividends during fiscal year 2025.

Lincoln Electric Holdings Inc (LECO) has a return on equity of 35.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Lincoln Electric Holdings Inc (LECO) generated $534.2M in free cash flow during fiscal year 2025. This represents a 10.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Lincoln Electric Holdings Inc (LECO) generated $661.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Lincoln Electric Holdings Inc (LECO) had $3.8B in total assets as of fiscal year 2025, including both current and long-term assets.

Lincoln Electric Holdings Inc (LECO) invested $127.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Lincoln Electric Holdings Inc (LECO) invested $85.5M in research and development during fiscal year 2025.

Yes, Lincoln Electric Holdings Inc (LECO) spent $338.3M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Lincoln Electric Holdings Inc (LECO) had 55M shares outstanding as of fiscal year 2025.

Lincoln Electric Holdings Inc (LECO) had a current ratio of 1.82 as of fiscal year 2025, which is generally considered healthy.

Lincoln Electric Holdings Inc (LECO) had a debt-to-equity ratio of 0.78 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Lincoln Electric Holdings Inc (LECO) had a return on assets of 13.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Lincoln Electric Holdings Inc (LECO) trades at 26.7x earnings, its market capitalization divided by net income of $553.6M net income, trailing 12 months to June 30, 2026. The market capitalization is $14.8B as of Sep 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Lincoln Electric Holdings Inc (LECO) trades at 3.3x sales, its market capitalization divided by revenue of $4.5B revenue, trailing 12 months to June 30, 2026. The market capitalization is $14.8B as of Sep 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Lincoln Electric Holdings Inc (LECO) has an Altman Z-Score of 7.44, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Lincoln Electric Holdings Inc (LECO) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Lincoln Electric Holdings Inc (LECO) has an earnings quality ratio of 1.27x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Lincoln Electric Holdings Inc (LECO) has an interest coverage ratio of 12.30x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Lincoln Electric Holdings Inc (LECO) scores 65 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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