Lincoln Electric/$LECO
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Lincoln Electric
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. Its portfolio includes arc-welding solutions, plasma and oxy-fuel cutting systems, brazing and soldering alloys, and automation solutions. Lincoln Electric serves clients across general fabrication, heavy industries, automotive, construction, shipbuilding, energy, and process industries, among others. The company generated roughly $4.2 billion in sales in 2025.
- Ticker
- $LECO
- Sector
- Industrials
- Primary listing
- NASDAQ
- Employees
- 12,000
- Headquarters
- Cleveland, United States
- Website
- www.lincolnelectric.com
Lincoln Electric Metrics
BasicAdvanced
$15B
26.55
$10.43
1.22
$3.16
1.14%
Price and volume
Market cap
$15B
Beta
1.22
52-week high
$310.00
52-week low
$216.22
Average daily volume
363K
Dividend rate
$3.16
Financial strength
Current ratio
1.911
Quick ratio
0.928
Long term debt to equity
0.74
Total debt to equity
0.777
Dividend payout ratio (TTM)
29.98%
Interest coverage (TTM)
12.96%
Profitability
EBITDA (TTM)
903.528
Gross margin (TTM)
35.54%
Net profit margin (TTM)
12.40%
Operating margin (TTM)
17.70%
Effective tax rate (TTM)
23.70%
Revenue per employee (TTM)
$390,000
Management effectiveness
Return on assets (TTM)
13.32%
Return on equity (TTM)
38.75%
Valuation
Price to earnings (TTM)
26.549
Price to revenue (TTM)
3.264
Price to book
9.65
Price to tangible book (TTM)
9.65
Price to free cash flow (TTM)
29.595
Free cash flow yield (TTM)
3.38%
Free cash flow per share (TTM)
9.357
Dividend yield (TTM)
1.14%
Forward dividend yield
1.14%
Growth
Revenue change (TTM)
11.13%
Earnings per share change (TTM)
11.72%
3-year revenue growth (CAGR)
4.53%
10-year revenue growth (CAGR)
7.37%
3-year earnings per share growth (CAGR)
6.90%
10-year earnings per share growth (CAGR)
14.13%
3-year dividend per share growth (CAGR)
7.27%
10-year dividend per share growth (CAGR)
9.46%
What the Analysts think about Lincoln Electric
Analyst ratings (Buy, Hold, Sell) for Lincoln Electric stock.
Analyst projections of the future price of Lincoln Electric stock.
Bulls say / Bears say
Third-quarter sales rose 15.1%, with organic growth of 14.5% led mainly by higher volumes; adjusted operating margin also widened to 18.0% from 17.4%. The stronger volume and margin trends point to a meaningful recovery in the core business. (Investing.com)
Lincoln Electric says its automation backlog is at a record level, with orders broadening beyond automotive into general and heavy industry. That backlog provides several months of visibility and supports management’s expectation for sustained high-single-digit automation growth. (Investing.com)
The new XpertLINC platform lets welding robots adapt to part variation without conventional programming, which could make automation easier for more fabricators to adopt. Lincoln Electric plans to extend the technology across more of its automated welding and cutting products over time. (Lincoln Electric)
International Welding remains a weak spot: management described Europe as challenging and does not expect growth there, while the segment’s third-quarter adjusted operating margin was 10.3%. Conflict-related disruption in the Middle East adds another headwind. (Investing.com, Investing.com)
Persistent inflation is still squeezing incremental profitability and forcing further price increases. Management said third-quarter incremental margins were tracking in the low 20s, below its earlier mid-20s expectation. (Investing.com)
Automotive remains a notable demand gap: production is down by mid-single digits and strong quoting has not yet converted into orders. That delay could hold back an important part of the automation opportunity. (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 27 Oct 2026.
Lincoln Electric Financial Performance
Revenues and expenses
Lincoln Electric Earnings Performance
Company profitability
Upcoming events
Lincoln Electric News
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Funds containing Lincoln Electric
AllUSDEURGBP
Fund name | Fund size | $LECO weighting |
|---|---|---|
Invesco Defence Innovation£DFNX | $161M | 1.28% |
Invesco Defence Innovation$IDFN | $161M | 1.28% |
iShares Automation & Robotics£RBTX | $4.9B | 0.82% |
iShares Automation & Robotics$RBOT | $4.9B | 0.82% |
iShares Automation & Robotics€2B76 | $5.3B | 0.82% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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