Lincoln Electric/$LECO
1D1W1MYTD1Y5YMAX
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
$14B
25.37
$10.00
1.22
$3.12
1.25%
Price and volume
Market cap
$14B
Beta
1.22
52-week high
$310.00
52-week low
$216.22
Average daily volume
438K
Dividend rate
$3.12
Financial strength
Current ratio
1.982
Quick ratio
1.02
Long term debt to equity
0.764
Total debt to equity
0.74
Dividend payout ratio (TTM)
30.86%
Interest coverage (TTM)
13.31%
Profitability
EBITDA (TTM)
863.059
Gross margin (TTM)
36.05%
Net profit margin (TTM)
12.35%
Operating margin (TTM)
16.98%
Effective tax rate (TTM)
23.11%
Revenue per employee (TTM)
$370,000
Management effectiveness
Return on assets (TTM)
12.98%
Return on equity (TTM)
37.74%
Valuation
Price to earnings (TTM)
25.373
Price to revenue (TTM)
3.107
Price to book
8.9
Price to tangible book (TTM)
20.67
Price to free cash flow (TTM)
25.667
Free cash flow yield (TTM)
3.90%
Free cash flow per share (TTM)
9.883
Dividend yield (TTM)
1.23%
Forward dividend yield
1.25%
Growth
Revenue change (TTM)
9.32%
Earnings per share change (TTM)
12.35%
3-year revenue growth (CAGR)
4.15%
10-year revenue growth (CAGR)
6.64%
3-year earnings per share growth (CAGR)
6.93%
10-year earnings per share growth (CAGR)
25.61%
3-year dividend per share growth (CAGR)
7.95%
10-year dividend per share growth (CAGR)
9.58%
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
Lincoln delivered record second-quarter 2026 results: sales rose 12.0% to $1.22 billion, organic sales increased 10.1%, and adjusted operating margin expanded to 18.4% from 17.9%. (SEC filing)
Earnings momentum was strong, with second-quarter adjusted EPS increasing to $2.93 from $2.60 and first-half adjusted EPS reaching $5.43, up from $4.76 a year earlier. (SEC filing)
Cash generation and shareholder returns were robust: second-quarter operating cash flow was $254 million with 138% cash conversion, while Lincoln returned $120 million through dividends and share repurchases. (SEC filing)
International Welding remains a weak spot: first-half 2026 volume declined 7.2%, with Lincoln citing slowing European industrial activity, the Middle East conflict, and lower automation project volumes. (SEC filing)
Reported sales growth is being supported partly by pricing rather than underlying demand; Lincoln said higher input costs drove price increases, while gross margin declined because of unfavorable mix and rising input costs. (SEC filing)
The Harris Products Group experienced an 8.2% volume decline in the second quarter, highlighting continued pressure in portions of the portfolio despite acquisition-related and pricing benefits. (SEC filing)
Data summarised monthly by Lightyear AI. Last updated on 10 Sept 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 | $LECO weighting |
|---|---|---|
iShares Automation & Robotics$RBOT | $5.2B | 0.76% |
iShares Automation & Robotics€2B76 | €4.5B | 0.76% |
iShares Automation & Robotics£RBTX | £3.8B | 0.76% |
SPDR S&P US Dividend Aristocrats€SPYD | €3.3B | 0.53% |
SPDR S&P US Dividend Aristocrats£USDV | £2.8B | 0.53% |
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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