Lincoln Electric Holdings, Inc. (LECO)

Industrials
Tools & Accessories
United States
Yahoo Finance  •  Trading View  •  Company site
Price
$238.49
▲ 1.69 (0.71%)
Market Cap
$13,161,369,600
Shares: 56,639,000
P/E
22.78
P/B: 8.00
ROE
35.11%
Current Ratio: 1.87
Fundamentals Score
70 (POSITIVE)

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 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; automated material handling 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.

Headquarters: 22221 St. Clair Avenue, Cleveland, OH, 44117, United States  |  Employees: 12000  |  Website: lincolnelectric.com
Key Contacts
IR / Phone: 216 481 8100
Exchange: NMS
Industry: Tools & Accessories
Quick Financial Snapshot
Revenue$4,008,670,000
Net Income$466,108,000
Free Cash Flow$482,374,000
Book Value / Share$23.44

Balance Sheet & Liquidity

Total Liabilities$2,192,709,000
Total Equity$1,327,433,000
Debt / Equity0.99
Current Ratio1.87
Interest Coverage14.88
Working Capital$766,479,000

Valuation Metrics

Core multiples and valuation signals — useful to compare vs peers.

P/E (TTM)22.78
Industry P/EN/A
Forward P/E25.59
P/B8.00
Price / Sales2.65
P / FCF22.01
EV / EBITDA15.69
Graham Number$65.88
DCF (placeholder)
Notes: red items typically indicate expensive multiples relative to fundamentals. Use the "Compare with industry" tool for context.

EPS (Annual)

Financial Performance

Revenue vs Net Income

Free Cash Flow (annual)

Profitability & Efficiency

Gross Margin 36.74%
Operating Margin 15.88%
Net Margin 11.63%
ROIC 18.06%
Asset Turnover 1.14

Automated Fundamental Signals (Score: 70)

Passed
  • EPS shows upward trend
  • EPS CAGR 24.19%
  • Price CAGR 16.47%
  • ROIC 18.1%
  • Gross Margin 36.7%
  • P/FCF 22.01
  • Debt/Equity ratio
  • Operating Margin 15.9%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
Failed
  • P/B Ratio 8.00
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)

Price Chart (Candlestick)

Technical Analysis (Score: 85)

RSI (14)52.78
SMA 50239.13
SMA 200208.88
MACD-0.66
Signal BULLISH
RSI 52.8, SMA trend bullish, momentum 23.2%.

Governance & Management

Governance scores: Audit: 3 | Board: 4 | Compensation: 2 | Shareholder Rights: 7
Executive Team
NameTitle
Mr. Steven B. Hedlund President, CEO & Chairman (1967)
Mr. Gabriel Bruno Executive VP, CFO & Treasurer (1968)
Ms. Jennifer I. Ansberry J.D. Executive VP, General Counsel & Secretary (1974)
Ms. Amanda H. Butler Vice President of Investor Relations & Communications (—)
Ms. Susan C. Edwards Executive VP & Chief Human Resources Officer (1963)
Mr. Michael J. Whitehead Senior VP & President of Americas Welding (1974)
Mr. Geoffrey P. Allman Senior Vice President of Acquisition Integration (1971)
Mr. Gregory D. Doria Senior VP and President of Harris Products Group & Asia Pacific Welding (1977)
Governance data last updated: 10/1/2025

Latest News

Lincoln Electric Announces 5.3% Dividend Increase
Yahoo • Oct 15, 2025 • Neutral

CLEVELAND, October 15, 2025--Lincoln Electric announces a 5.3% dividend increase, marking the company's 30th consecutive annual increase.

Dividend Champion, Contender, And Challenger Highlights: Week Of October 12
SeekingAlpha • Oct 11, 2025 • Neutral

Read here for the latest weekly summary of dividend changes, ex-dividend dates, and pay dates for Dividend Champions, Contenders, and Challengers.

3 Volatile Stocks We Find Risky
Yahoo • Oct 10, 2025 • Neutral

Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions. While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.

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