lincoln electric holdings inc. - LECO

LECO

Close Chg Chg %
176.92 4.21 2.38%

Closed Market

181.13

+4.21 (2.38%)

Volume: 226.68K

Last Updated:

Apr 11, 2025, 4:00 PM EDT

Company Overview: lincoln electric holdings inc. - LECO

LECO Key Data

Open

$177.17

Day Range

175.30 - 182.18

52 Week Range

161.11 - 243.04

Market Cap

$9.91B

Shares Outstanding

56.03M

Public Float

53.47M

Beta

1.19

Rev. Per Employee

N/A

P/E Ratio

22.65

EPS

$8.23

Yield

158.18%

Dividend

$0.75

EX-DIVIDEND DATE

Mar 31, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

395.73K

 

LECO Performance

1 Week
 
5.30%
 
1 Month
 
-4.92%
 
3 Months
 
0.34%
 
1 Year
 
-24.09%
 
5 Years
 
131.92%
 

LECO Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 12
Full Ratings ➔

About lincoln electric holdings inc. - LECO

Lincoln Electric Holdings, Inc. engages in the manufacture of arc welding equipment, consumable welding products, and other welding and cutting products. It operates through the following segments: Americas Welding, International Welding, and The Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment primarily deals with welding operations in Europe, Africa, Asia, and Australia. The Harris Products Group segment refers to the company's global cutting, soldering, and brazing businesses as well as the retail business in the United States. The company was founded by John C. Lincoln and James F. Lincoln on December 5, 1895 and is headquartered in Cleveland, OH.

LECO At a Glance

Lincoln Electric Holdings, Inc.
22801 St. Claire Avenue
Cleveland, Ohio 44117-1199
Phone 1-216-481-8100 Revenue 4.01B
Industry Industrial Machinery Net Income 466.11M
Sector Producer Manufacturing Employees 12,000
Fiscal Year-end 12 / 2025
View SEC Filings

LECO Valuation

P/E Current 22.651
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 23.004
Price to Sales Ratio 2.674
Price to Book Ratio 7.939
Price to Cash Flow Ratio 17.901
Enterprise Value to EBITDA 14.481
Enterprise Value to Sales 2.909
Total Debt to Enterprise Value 0.113

LECO Efficiency

Revenue/Employee 334,107.917
Income Per Employee 38,842.333
Receivables Turnover 7.112
Total Asset Turnover 1.163

LECO Liquidity

Current Ratio 1.872
Quick Ratio 1.253
Cash Ratio 0.429

LECO Profitability

Gross Margin 36.863
Operating Margin 17.884
Pretax Margin 14.819
Net Margin 11.626
Return on Assets 13.515
Return on Equity 35.361
Return on Total Capital 17.631
Return on Invested Capital 18.744

LECO Capital Structure

Total Debt to Total Equity 99.162
Total Debt to Total Capital 49.79
Total Debt to Total Assets 37.394
Long-Term Debt to Equity 89.848
Long-Term Debt to Total Capital 45.113
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Lincoln Electric Holdings Inc. - LECO

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
3.23B 3.76B 4.19B 4.01B
Sales Growth
+21.62% +16.35% +11.33% -4.23%
Cost of Goods Sold (COGS) incl D&A
2.16B 2.48B 2.71B 2.53B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
81.15M 78.06M 86.67M 88.24M
Depreciation
59.99M 56.15M 60.69M 61.16M
Amortization of Intangibles
21.16M 21.91M 25.98M 27.07M
COGS Growth
+21.16% +14.85% +9.42% -6.76%
Gross Income
1.07B 1.28B 1.47B 1.48B
Gross Income Growth
+22.56% +19.37% +15.05% +0.43%
Gross Profit Margin
+33.16% +34.02% +35.15% +36.86%
2021 2022 2023 2024 5-year trend
SG&A Expense
604.23M 659.07M 776.64M 760.94M
Research & Development
55.97M 63.21M 71.23M 81.82M
Other SG&A
548.26M 595.86M 705.41M 679.12M
SGA Growth
+11.33% +9.08% +17.84% -2.02%
Other Operating Expense
- - - -
-
Unusual Expense
9.85M 14.09M (20.26M) 77.75M
EBIT after Unusual Expense
457.53M 606.00M 715.32M 639.26M
Non Operating Income/Expense
(108.75M) 17.93M 22.68M 9.20M
Non-Operating Interest Income
1.57M 1.61M 6.76M 10.13M
Equity in Earnings of Affiliates
499.00K (153.00K) 556.00K 235.00K
Interest Expense
23.78M 31.11M 51.13M 54.31M
Interest Expense Growth
-0.74% +30.81% +64.38% +6.21%
Gross Interest Expense
23.78M 31.11M 51.13M 54.31M
Interest Capitalized
- - - -
-
Pretax Income
325.00M 592.83M 686.87M 594.15M
Pretax Income Growth
+23.09% +82.41% +15.86% -13.50%
Pretax Margin
+10.06% +15.77% +16.41% +14.82%
Income Tax
48.42M 120.60M 141.62M 128.04M
Income Tax - Current - Domestic
33.71M 113.40M 119.65M 131.16M
Income Tax - Current - Foreign
44.83M 55.66M 45.83M 38.00M
Income Tax - Deferred - Domestic
(25.64M) (45.18M) (16.34M) (35.85M)
Income Tax - Deferred - Foreign
(4.49M) (3.28M) (7.51M) (5.27M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
499.00K (153.00K) 556.00K 235.00K
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
276.58M 472.22M 545.25M 466.11M
Minority Interest Expense
- - - 114.00K
-
Net Income
276.47M 472.22M 545.25M 466.11M
Net Income Growth
+34.13% +70.81% +15.46% -14.51%
Net Margin Growth
+8.55% +12.56% +13.02% +11.63%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
276.47M 472.22M 545.25M 466.11M
Preferred Dividends
- - - -
-
Net Income Available to Common
276.47M 472.22M 545.25M 466.11M
EPS (Basic)
4.6614 8.1376 9.5051 8.2294
EPS (Basic) Growth
+34.86% +74.57% +16.80% -13.42%
Basic Shares Outstanding
59.31M 58.03M 57.36M 56.64M
EPS (Diluted)
4.603 8.038 9.3651 8.1496
EPS (Diluted) Growth
+34.55% +74.63% +16.51% -12.98%
Diluted Shares Outstanding
60.06M 58.75M 58.22M 57.19M
EBITDA
548.52M 698.15M 781.73M 805.25M
EBITDA Growth
+33.11% +27.28% +11.97% +3.01%
EBITDA Margin
+16.97% +18.57% +18.67% +20.08%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 235.00
Number of Ratings 12 Current Quarters Estimate 2.362
FY Report Date 06 / 2025 Current Year's Estimate 9.351
Last Quarter’s Earnings 2.25 Median PE on CY Estimate N/A
Year Ago Earnings 9.29 Next Fiscal Year Estimate 10.195
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 9 9 9 10
Mean Estimate 2.36 2.27 9.35 10.20
High Estimates 2.43 2.42 9.50 10.41
Low Estimate 2.23 2.11 8.95 9.79
Coefficient of Variance 2.65 4.15 1.75 2.01

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 4
OVERWEIGHT 2 2 2
HOLD 5 5 5
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Lincoln Electric Holdings Inc. - LECO

Date Name Shares Transaction Value
Mar 6, 2025 Steven Bradford Hedlund CHAIR, PRESIDENT & CEO; Director 57,117 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $200.31 per share 11,441,106.27
Mar 6, 2025 Jennifer I. Ansberry EVP, GENERAL COUNSEL & SECY 22,173 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $200.31 per share 4,441,473.63
Mar 6, 2025 Jennifer I. Ansberry EVP, GENERAL COUNSEL & SECY 23,572 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2025 Jennifer I. Ansberry EVP, GENERAL COUNSEL & SECY 22,173 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $205.21 per share 4,550,121.33
Mar 6, 2025 Jennifer I. Ansberry EVP, GENERAL COUNSEL & SECY N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 6, 2025 Michael J. Whitehead SVP, PRESIDENT, AMERICAS WELD 11,112 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $200.31 per share 2,225,844.72
Mar 6, 2025 Gregory Doria SVP, PRES HARRIS AND ASIA PAC 4,354 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2025 Gregory Doria SVP, PRES HARRIS AND ASIA PAC 4,124 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $200.31 per share 826,078.44
Mar 6, 2025 Lisa A. Dietrich EVP, CDIO 3,142 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $200.31 per share 629,374.02
Mar 6, 2025 Lisa A. Dietrich EVP, CDIO 3,487 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2025 Steven Bradford Hedlund CHAIR, PRESIDENT & CEO; Director 59,159 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2025 Michael J. Whitehead SVP, PRESIDENT, AMERICAS WELD 11,485 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2025 Jennifer I. Ansberry EVP, GENERAL COUNSEL & SECY 33,297 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $89.63 per share 2,984,410.11
Mar 6, 2025 Gabriel Bruno EVP, CFO & TREASURER N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 6, 2025 Gabriel Bruno EVP, CFO & TREASURER 29,927 Bona fide gift 0.00
Mar 6, 2025 Gabriel Bruno EVP, CFO & TREASURER 32,451 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $204.4 per share 6,632,984.40
Mar 6, 2025 Gabriel Bruno EVP, CFO & TREASURER 32,551 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $203.53 per share 6,625,105.03
Mar 6, 2025 Gabriel Bruno EVP, CFO & TREASURER 39,133 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $88.44 per share 3,460,922.52
Mar 6, 2025 Gabriel Bruno EVP, CFO & TREASURER 32,451 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 28, 2025 Kathryn Jo Lincoln Director 33,825 Bona fide gift 0.00

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