Company research
LINCOLN ELECTRIC HOLDINGS INC
CIK 59527Updated Sep 29, 2026
SecurityLECO · NASDAQ · equity
Name history
LINCOLN ELECTRIC HOLDINGS INC · through Sep 11, 2026LINCOLN ELECTRIC CO · through May 12, 1998
LECO price & chart
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NASDAQ:LECO on TradingView ↗About the company
Lincoln Electric is a high-performance industrial machinery and technology leader who helps customers manufacture and maintain vital equipment and infrastructure. Lincoln Electric’s innovative solutions enable higher quality and productivity across a variety of processes including welding, cutting, brazing, machining, process automation and field
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Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 3,777,577,000Source | 3,520,142,000Source | 3,377,297,000Source | 3,180,546,000Source |
| Property, Plant and Equipment, NetUSD | 702,762,000Source | 619,181,000Source | 575,316,000Source | 544,871,000Source |
| GoodwillUSD | 886,686,000Source | 804,927,000Source | 694,452,000Source | 665,257,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 250,424,000Source | 221,005,000Source | 186,667,000Source | 202,706,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 308,789,000Source | 377,262,000Source | 393,787,000Source | 197,150,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 538,791,000Source | 481,979,000Source | 538,830,000Source | 541,529,000Source |
| Inventory, NetUSD | 633,364,000Source | 544,037,000Source | 562,864,000Source | 665,451,000Source |
| Assets, CurrentUSD | 1,739,512,000Source | 1,645,281,000Source | 1,693,111,000Source | 1,557,790,000Source |
| Operating Lease, Right-of-Use AssetUSD | 52,989,000Source | 54,276,000Source | 53,284,000Source | 44,810,000Source |
| Other Assets, NoncurrentUSD | 151,116,000Source | 152,137,000Source | 182,575,000Source | 187,111,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,307,783,000Source | 2,192,709,000Source | 2,068,445,000Source | 2,146,505,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 9,858,000Source | 9,858,000Source | 9,858,000Source | 9,858,000Source |
| Retained Earnings (Accumulated Deficit)USD | 4,342,080,000Source | 3,993,016,000Source | 3,688,038,000Source | 3,306,500,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -205,931,000Source | -300,135,000Source | -229,847,000Source | -275,299,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,469,794,000Source | 1,327,433,000Source | 1,308,852,000Source | 1,034,140,000Source |
| Additional Paid in Capital, Common StockUSD | 601,566,000Source | 566,740,000Source | 523,357,000Source | 481,857,000Source |
| Liabilities and EquityUSD | 3,777,577,000Source | 3,520,142,000Source | 3,377,297,000Source | 3,180,546,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 956,691,000Source | 878,802,000Source | 754,610,000Source | 852,897,000Source |
| Operating Lease, Liability, CurrentUSD | 13,460,000Source | 13,110,000Source | 13,104,000Source | 10,378,000Source |
| Accounts Payable, CurrentUSD | 364,934,000Source | 296,590,000Source | 325,435,000Source | 352,079,000Source |
| Operating Lease, Liability, NoncurrentUSD | 40,061,000Source | 42,124,000Source | 41,576,000Source | 35,945,000Source |
| Deferred Income Tax Liabilities, NetUSD | 52,104,000Source | 10,464,000Source | 13,146,000Source | 17,022,000Source |
| Other Liabilities, NoncurrentUSD | 148,760,000Source | 152,892,000Source | 197,918,000Source | 166,190,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | — | — | — | -99,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 5,027,000Source | — | — | — |
| Dividends Payable, CurrentUSD | 43,328,000Source | 42,158,000Source | 40,453,000Source | 36,879,000Source |
| Long-term Debt, Current MaturitiesUSD | 0Source | 100,004,000Source | 4,000Source | 11,039,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,150,228,000Source | 1,150,551,000Source | 1,102,771,000Source | 1,110,396,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 520,533,000Source | 466,108,000Source | 545,248,000Source | 472,224,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 98,546,000Source | 88,238,000Source | 86,670,000Source | 78,059,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 20,348,000Source | 24,052,000Source | 26,231,000Source | 25,267,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 26,433,000Source | -52,829,000Source | -14,980,000Source | 65,010,000Source |
| Increase (Decrease) in InventoriesUSD | 47,783,000Source | -25,355,000Source | -122,094,000Source | 81,188,000Source |
| Deferred Income Tax Expense (Benefit)USD | 82,974,000Source | -41,116,000Source | -23,858,000Source | -48,458,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 661,173,000Source | 598,977,000Source | 667,542,000Source | 383,386,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 137,530,000Source | 252,746,000Source | 32,685,000Source | 436,298,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -257,326,000Source | -361,231,000Source | -74,729,000Source | -504,691,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 0Source | -320,000Source | 551,000Source | -159,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 338,308,000Source | 263,751,000Source | 198,765,000Source | 181,293,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -461,887,000Source | -244,640,000Source | -412,392,000Source | 133,725,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 168,240,000Source | 162,143,000Source | 148,010,000Source | 130,724,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 0Source | -3,922,000Source | 0Source | -438,000Source |
| Repayments of Long-term DebtUSD | 100,169,000Source | 400,677,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -68,473,000Source | -16,525,000Source | 196,637,000Source | 4,192,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 308,789,000Source | 377,262,000Source | 393,787,000Source | 197,150,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 100,722,000Source | 157,542,000Source | 180,512,000Source | 151,818,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | -8,228,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 20,526,000Source | 24,000,000Source | 26,223,000Source | 25,276,000Source |
| Amortization of Intangible AssetsUSD | 29,717,000Source | 27,075,000Source | 25,983,000Source | 21,908,000Source |
| Dividends Payable, CurrentUSD | 43,328,000Source | 42,158,000Source | 40,453,000Source | 36,879,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | 4,638,000Source | 1,406,000Source | -1,744,000Source | -3,633,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | 0Source | 0Source | 36,187,000Source | — |
| GoodwillUSD | 886,686,000Source | 804,927,000Source | 694,452,000Source | 665,257,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | — | 1,564,000Source | 1,018,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 1,948,000Source | 235,000Source | 556,000Source | -153,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | — | — | — | -80,000Source |
| Income Tax Expense (Benefit)USD | 154,917,000Source | 128,041,000Source | 141,618,000Source | 120,603,000Source |
| InterestExpenseNonoperatingUSD | 58,379,000Source | — | — | — |
| Investment Income, InterestUSD | 6,818,000Source | 10,130,000Source | 6,762,000Source | 1,607,000Source |
| Net Income (Loss) Attributable to ParentUSD | 520,533,000Source | 466,108,000Source | 545,248,000Source | 472,224,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | 0Source |
| Nonoperating Income (Expense)USD | 8,952,000Source | 473,000Source | 13,388,000Source | 9,991,000Source |
| Other Nonoperating Income (Expense)USD | 9,397,000Source | 5,930,000Source | 15,405,000Source | 6,588,000Source |
| Pension Expense (Reversal of Expense), NoncashUSD | 719,000Source | 3,792,000Source | 0Source | 0Source |
| Proceeds from Issuance of Long-term DebtUSD | 0Source | 550,000,000Source | — | — |
| Proceeds from Stock Options ExercisedUSD | 11,578,000Source | 27,404,000Source | 22,365,000Source | 6,385,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 4,233,003,000Source | 4,008,670,000Source | 4,191,636,000Source | 3,761,211,000Source |
| Cost of RevenueUSD | 2,698,751,000Source | 2,535,758,000Source | 2,726,191,000Source | 2,480,451,000Source |
| Selling, General and Administrative ExpenseUSD | 797,994,000Source | 780,590,000Source | 758,910,000Source | 656,636,000Source |
| Operating Income (Loss)USD | 718,059,000Source | 636,462,000Source | 717,849,000Source | 612,336,000Source |
| Other Nonoperating Income (Expense)USD | 9,397,000Source | 5,930,000Source | 15,405,000Source | 6,588,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 675,450,000Source | 594,149,000Source | 686,866,000Source | 592,827,000Source |
| Income Tax Expense (Benefit)USD | 154,917,000Source | 128,041,000Source | 141,618,000Source | 120,603,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | 0Source |
| Net Income (Loss) Attributable to ParentUSD | 520,533,000Source | 466,108,000Source | 545,248,000Source | 472,224,000Source |
| Earnings Per Share, BasicUSD per share | 9.39Source | 8.23Source | 9.5Source | 8.14Source |
| Earnings Per Share, DilutedUSD per share | 9.32Source | 8.15Source | 9.37Source | 8.04Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 55,410,000Source | 56,639,000Source | 57,364,000Source | 58,030,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 55,875,000Source | 57,194,000Source | 58,221,000Source | 58,749,000Source |
| Interest Expense (non-operating)USD | 58,379,000Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 29,717,000Source | 27,075,000Source | 25,983,000Source | 21,908,000Source |
| Business Combination, Acquisition Related CostsUSD | 2,739,000Source | 7,042,000Source | — | — |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 3.04Source | 2.88Source | 2.63Source | 2.32Source |
| Current Income Tax Expense (Benefit)USD | 71,943,000Source | 169,157,000Source | 165,476,000Source | 169,061,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | 4,638,000Source | 1,406,000Source | -1,744,000Source | -3,633,000Source |
| Gross ProfitUSD | 1,534,252,000Source | 1,472,912,000Source | 1,465,445,000Source | 1,280,760,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 514,355,000Source | 496,339,000Source | 508,316,000Source | 359,760,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 1,948,000Source | 235,000Source | 556,000Source | -153,000Source |
| Interest ExpenseUSD | — | 52,916,000Source | 51,133,000Source | 31,107,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | -51,561,000Source | -42,786,000Source | -44,371,000Source | -29,500,000Source |
| Investment Income, InterestUSD | 6,818,000Source | 10,130,000Source | 6,762,000Source | 1,607,000Source |
| Nonoperating Income (Expense)USD | 8,952,000Source | 473,000Source | 13,388,000Source | 9,991,000Source |
| Research and Development ExpenseUSD | 85,550,000Source | 81,821,000Source | 71,235,000Source | 63,207,000Source |
Filing attachments
leco-20260730xex99d1.htm · 8-K · 2026-07-30
EX-99.1 2 leco-20260730xex99d1.htm EX-99.1 Exhibit 99.1 Investor Relations: Amanda Butler (216) 383-2534 Amanda_Butler@lincolnelectric.com LINCOLN ELECTRIC REPORTS SECOND QUARTER 2026 RESULTS Second Quarter 2026 Highlights ───────────────────────────────────────────────────────────────────────────────────── ◾ Net sales increase 12.0% to a record $1,220 million; organic sales increase 10.1% ◾ Net sales increase 12.0% to a record $1,220 million; organic sales increase 10.1% …
Read attachment ↗leco-20260430xex99d1.htm · 8-K · 2026-04-30
EX-99.1 2 leco-20260430xex99d1.htm EX-99.1 Exhibit 99.1 Investor Relations: Amanda Butler (216) 383-2534 Amanda_Butler@lincolnelectric.com LINCOLN ELECTRIC REPORTS FIRST QUARTER 2026 RESULTS First Quarter 2026 Highlights ───────────────────────────────────────────────────────────────────────────────── ◾ Net sales increase 11.7% to $1,121 million; organic sales increase 7.8% ◾ Net sales increase 11.7% to $1,121 million; organic sales increase 7.8% ◾ Net sales increase 1…
Read attachment ↗leco-20260212xex99d1.htm · 8-K · 2026-02-12
EX-99.1 2 leco-20260212xex99d1.htm EX-99.1 Exhibit 99.1 Investor Relations: Amanda Butler (216) 383-2534 Amanda_Butler@lincolnelectric.com LINCOLN ELECTRIC REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS Fourth Quarter 2025 Highlights ───────────────────────────────────────────────────────────────────────────────── ◾ Net sales increase 5.5% to $1,079 million; organic sales increase 2.5% ◾ Net sales increase 5.5% to $1,079 million; organic sales increase 2.5% ◾ Net sa…
Read attachment ↗leco-20251030xex99d1.htm · 8-K · 2025-10-30
EX-99.1 2 leco-20251030xex99d1.htm EX-99.1 Exhibit 99.1 Investor Relations: Amanda Butler (216) 383-2534 Amanda_Butler@lincolnelectric.com LINCOLN ELECTRIC REPORTS THIRD QUARTER 2025 RESULTS Third Quarter 2025 Highlights ──────────────────────────────────────────────────────────────────────────────── ◾ Net sales increase 7.9% to $1,061 million; organic sales increase 5.6% ◾ Net sales increase 7.9% to $1,061 million; organic sales increase 5.6% ◾ Net sales increase 7.9%…
Read attachment ↗leco-20250731xex99d1.htm · 8-K · 2025-07-31
EX-99.1 2 leco-20250731xex99d1.htm EX-99.1 Exhibit 99.1 Investor Relations: Amanda Butler (216) 383-2534 Amanda_Butler@lincolnelectric.com LINCOLN ELECTRIC REPORTS SECOND QUARTER 2025 RESULTS Second Quarter 2025 Highlights ───────────────────────────────────────────────────────────────────────────────── ◾ Net sales of $1,089 million ◾ Net sales of $1,089 million ◾ Net sales of $1,089 million ◾ Operating income margin of 17.6%; Adjusted operating income margin of …
Read attachment ↗leco-20250430xex99d1.htm · 8-K · 2025-04-30
EX-99.1 2 leco-20250430xex99d1.htm EX-99.1 Exhibit 99.1 Investor Relations: Amanda Butler (216) 383-2534 Amanda_Butler@lincolnelectric.com LINCOLN ELECTRIC REPORTS FIRST QUARTER 2025 RESULTS First Quarter 2025 Highlights ──────────────────────────────────────────────────────────────────────────────────────────── ◾ Net sales of $1,004 million ◾ Net sales of $1,004 million ◾ Net sales of $1,004 million ◾ Operating income margin of 16.4%; Adjusted operating income m…
Read attachment ↗