
Lincoln Electric Holdings, Inc.
LECONASDAQIndustrialsManufacturing - Tools & Accessories
Regular session
$282.24
+$0.416 · +0.15%
LECO company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Buy
Favorable setup — positive multi-factor alignment
Valuation
81
Deep Value
Momentum
35
Weakening
Sentiment
69
Bullish
Risk resilience
65
Moderate Risk
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Company profile
Company websiteLincoln Electric Holdings, Inc., an enterprise established in Cleveland, Ohio, in 1895, operates globally, focusing on the innovation, production, and sale of equipment and materials for welding, cutting, and brazing applications. The company is organized into three distinct divisions: Americas Welding, International Welding, and The Harris Products Group. Its extensive product portfolio encompasses a broad spectrum of welding machinery, including arc welding power sources, plasma cutters, wire feeding systems, automated robotic welding setups, comprehensive automation solutions, and fume extraction devices. Additionally, Lincoln Electric provides a variety of consumables such as electrodes, fluxes, various welding accessories, and specialized welding and fabrication materials. Beyond welding, the firm manufactures computer-controlled plasma and oxy-fuel cutting systems, along with regulators and torches essential for oxy-fuel welding, cutting, and brazing. It also supplies consumable alloys for the brazing and soldering markets. The company maintains a retail presence within the United States. Furthermore, it fabricates copper and aluminum headers, distributor assemblies, and manifolds specifically for the heating, ventilation, and air conditioning (HVAC) sector in both the U.S. and Mexico. Lincoln Electric serves a wide array of sectors, including general fabrication, energy and process, automotive and transportation, construction and infrastructure, heavy fabrication, shipbuilding, and maintenance and repair. Its offerings are distributed to end-users via direct sales, industrial distributors, retail channels, and independent agents.
- Industry
- Manufacturing - Tools & Accessories
- Sector
- Industrials
- Headquarters
- US
- CEO
- Steven Hedlund
- Listed since
- Apr 7, 1994
- Employees
- 12,000
Market position
Day range
Current $282.24
52-week range
Current $282.24
- Open
- $283.23
- Previous close
- $281.82
- Volume
- 106.76K
- 0.28× average
- Average volume
- 383.59K
- Average daily volume
- Market cap
- 15.38B USD
- Beta
- 1.22
- Market reference 1
- 50-day average
- $265.7
- +6.22% above average
- 200-day average
- $259.07
- +8.94% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 14.26B USD
- P/E (TTM)
- 27.94×
- P/B (TTM)
- 9.93×
- P/S (TTM)
- 3.44×
- EV / EBITDA
- 17.08×
- Earnings yield
- 3.92%
- Free cash flow yield
- 4.02%
- Dividend yield
- 1.11%
Profitability & efficiency
- Gross margin
- 36.02%
- Operating margin
- 17.58%
- Net margin
- 12.36%
- Return on equity
- 35.42%
- Return on assets
- 13.78%
- Return on invested capital
- 18.58%
Financial health
- Debt / equity
- 0.74×
- Current ratio
- 1.82×
- Altman Z-score
- 7.88
- Piotroski F-score
- 8 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 4.23B USD | 4.01B USD | 4.19B USD | 3.76B USD | 3.23B USD |
| Cost of goods sold | 2.7B USD | 2.53B USD | 2.71B USD | 2.48B USD | 2.17B USD |
| Gross profit | 1.54B USD | 1.48B USD | 1.48B USD | 1.28B USD | 1.07B USD |
| Research and development | 85.55M USD | 81.82M USD | 71.24M USD | 63.21M USD | 55.97M USD |
| Selling, general, and administrative | 735.12M USD | 683.84M USD | 703.65M USD | 587.5M USD | 418.55M USD |
| Operating expenses | 820.67M USD | 841.48M USD | 759.85M USD | 668.42M USD | 606.94M USD |
| Interest income | 6.82M USD | — | — | — | — |
| Interest expense | 61.13M USD | 42.79M USD | 44.37M USD | 29.5M USD | 22.21M USD |
| Depreciation and amortization | 98.55M USD | 88.24M USD | 86.67M USD | 78.06M USD | 81.15M USD |
| Operating income | 714.95M USD | 636.46M USD | 717.85M USD | 612.34M USD | 461.67M USD |
| Net income | 520.53M USD | 466.11M USD | 545.25M USD | 472.22M USD | 276.58M USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 91%
- 10 beats, 1 miss, 0 met estimates
- Average EPS surprise
- +6.46%
- 11 comparable reports
- Latest EPS result
- 2.93
- Estimate 2.81 · Beat by 4.27%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$303.6
7.57% upsideRecent analyst actions
LECO news
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
$3.04
2025 complete year+45.5% since 2021
2026 partial: $1.58
$2.09
2,021
$2.32
2,022
$2.63
2,023
$2.88
2,024
$3.04
2,025
$1.58
2,026*
* Partial calendar year in the available dividend history.
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
DividendUpcoming | Sep 30, 2026 | $0.79Quarterly | Sep 30, 2026 | Oct 15, 2026 |
Dividend | Jun 30, 2026 | $0.79Quarterly | Jun 30, 2026 | Jul 15, 2026 |
Dividend | Mar 31, 2026 | $0.79Quarterly | Mar 31, 2026 | Apr 15, 2026 |
Dividend | Dec 31, 2025 | $0.79Quarterly | Dec 31, 2025 | Jan 15, 2026 |
Dividend | Sep 30, 2025 | $0.75Quarterly | Sep 30, 2025 | Oct 15, 2025 |
Dividend | Jun 30, 2025 | $0.75Quarterly | Jun 30, 2025 | Jul 15, 2025 |
Ex-dividend Sep 30, 2026
$0.79
Quarterly
Record Sep 30, 2026 · Payment Oct 15, 2026
Ex-dividend Jun 30, 2026
$0.79
Quarterly
Record Jun 30, 2026 · Payment Jul 15, 2026
Ex-dividend Mar 31, 2026
$0.79
Quarterly
Record Mar 31, 2026 · Payment Apr 15, 2026
Ex-dividend Dec 31, 2025
$0.79
Quarterly
Record Dec 31, 2025 · Payment Jan 15, 2026
Ex-dividend Sep 30, 2025
$0.75
Quarterly
Record Sep 30, 2025 · Payment Oct 15, 2025
Ex-dividend Jun 30, 2025
$0.75
Quarterly
Record Jun 30, 2025 · Payment Jul 15, 2025
LECO peers
ETFs holding LECO
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Mid-Cap ETFIJH542.05M0.42%125.92B USD0.05%$76.38-0.51%
Vanguard Morningstar Total Stock Market ETFVTI455.97M0.02%2.3T USD0.03%$377.17-0.28%
Vanguard Morningstar Small-Cap ETFVB329.06M0.18%183.4B USD0.03%$303.64-0.37%
Vanguard Morningstar Small-Cap Growth ETFVBK190.27M0.43%43.8B USD0.05%$355.06-1.00%
Vanguard Extended Market ETFVXF164.82M0.17%93.7B USD0.05%$244.17-0.55%
State Street SPDR S&P Dividend ETFSDY123.99M0.56%22.07B USD0.35%$159.42+0.62%
Global X - U.S. Infrastructure Development ETFPAVE122.6M0.88%13.86B USD0.47%$56.245-0.26%
State Street SPDR S&P MIDCAP 400 ETF TrustMDY111.09M0.42%26.72B USD0.23%$696.25-0.48%
iShares Core S&P Mid-Cap ETFIJH- Market value
- 542.05M
- Weight
- 0.42%
- AUM
- 125.92B USD
- Expense ratio
- 0.05%
- Price / 1D
- $76.38-0.51%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 455.97M
- Weight
- 0.02%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $377.17-0.28%
Vanguard Morningstar Small-Cap ETFVB- Market value
- 329.06M
- Weight
- 0.18%
- AUM
- 183.4B USD
- Expense ratio
- 0.03%
- Price / 1D
- $303.64-0.37%
Vanguard Morningstar Small-Cap Growth ETFVBK- Market value
- 190.27M
- Weight
- 0.43%
- AUM
- 43.8B USD
- Expense ratio
- 0.05%
- Price / 1D
- $355.06-1.00%
Vanguard Extended Market ETFVXF- Market value
- 164.82M
- Weight
- 0.17%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $244.17-0.55%
State Street SPDR S&P Dividend ETFSDY- Market value
- 123.99M
- Weight
- 0.56%
- AUM
- 22.07B USD
- Expense ratio
- 0.35%
- Price / 1D
- $159.42+0.62%
Global X - U.S. Infrastructure Development ETFPAVE- Market value
- 122.6M
- Weight
- 0.88%
- AUM
- 13.86B USD
- Expense ratio
- 0.47%
- Price / 1D
- $56.245-0.26%
State Street SPDR S&P MIDCAP 400 ETF TrustMDY- Market value
- 111.09M
- Weight
- 0.42%
- AUM
- 26.72B USD
- Expense ratio
- 0.23%
- Price / 1D
- $696.25-0.48%
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