LECONasdaqMetalworkg Machinery & EquipmentFiscal year ends December 31

LINCOLN ELECTRIC HOLDINGS INC

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026

$259.19−2.91 (-1.11%)

Close on Oct 19, 2026

Market cap: $14.28B
P/E (TTM): 25.9
Dividend yield: 1.17%

LINCOLN ELECTRIC HOLDINGS INC income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Revenue	4,233	4,009	4,192	3,761	3,234	2,655	3,003	3,029	2,624	2,275	2,536	2,813	2,853	2,853	2,695	2,070	1,729	2,479
Cost of Revenue	2,699	2,536	2,726	2,480	2,166	1,784	1,996	2,000	1,749	1,488	1,695	1,864	1,910	1,987	1,958	1,506	1,273	1,759
Gross Profit	1,534	1,473	1,465	1,281	1,069	871	1,008	1,029	875	787	841	949	943	867	737	564	456	720
Research & Development	86	82	71	63	56	51	57	54	48	45	47	43	42	37	33	29	28	–
Selling, General & Admin	798	781	759	657	597	544	621	628	541	469	497	545	527	495	440	378	333	405
Advertising Expenses	–	–	–	–	–	–	–	–	–	–	–	–	–	12	11	9.22	7.98	–
Operating Income	718	636	718	612	462	282	371	376	377	284	182	374	407	362	297	186	93	296
Interest Expense	58	53	51	31	24	24	26	25	24	19	22	10	2.86	4.19	6.70	6.69	8.52	12
Interest & Investment Income	6.82	10	6.76	1.61	1.57	1.99	2.53	6.94	4.79	2.09	2.71	3.09	3.32	3.99	3.12	2.38	3.46	8.85
Income from Equity Investments	1.95	0.24	0.56	-0.15	0.50	0.41	3.16	5.48	2.74	2.93	3.02	5.41	4.81	5.01	5.39	3.17	-5.03	6.03
Other Non-Operating Income	8.95	0.47	13	9.99	-114	3.94	21	11	8.73	11	-12	2.07	9.46	7.49	4.65	0.68	-6.50	4.41
Merger & Restructuring Charges	17	35	-11	12	9.83	45	3.50	-5.98	1.44	0	6.27	30	5.09	1.74	0.02	-4.39	2.94	–
Asset Impairment Charges	–	–	–	–	–	–	–	–	1.09	–	6.32	33	4.96	1.84	0.02	0.88	2.06	–
Gain (Loss) on Sale of Assets	0	0	36	0	0	–	–	–	–	–	–	–	–	–	–	–	–	–
Pretax Income	675	594	687	593	325	264	368	369	366	277	170	376	416	370	301	187	87	–
Income Tax Expense	155	128	142	121	48	58	75	82	119	79	42	122	125	112	84	55	38	88
Net Income incl. Noncontrolling Interests	521	466	545	472	277	206	293	287	247	198	127	254	292	257	217	132	49	213
Minority Interest in Earnings	–	–	–	0	0.11	0.03	-0.03	-0.07	-0.03	-0.03	-0.07	-0.81	-2.09	-0.20	-0.17	1.97	0.26	0.26
Net Income	521	466	545	472	277	206	293	287	–	–	–	–	–	–	–	130	49	212
Net Income to Common	–	–	–	–	–	–	293	287	248	198	127	255	294	257	217	130	49	–
EPS (Basic)(per share)	9.39	8.23	9.50	8.14	4.66	3.46	4.73	4.42	3.76	2.94	1.72	3.22	3.58	3.10	2.60	1.54	0.57	2.49
EPS (Diluted)(per share)	9.32	8.15	9.37	8.04	4.60	3.42	4.68	4.37	3.71	2.91	1.70	3.18	3.54	3.06	2.56	1.53	0.57	2.47
Shares Outstanding (Basic, Weighted)(shares)	55	57	57	58	59	60	62	65	66	67	74	79	82	83	84	84	85	85
Shares Outstanding (Diluted, Weighted)(shares)	56	57	58	59	60	60	63	66	67	68	75	80	83	84	85	85	85	86
Dividend per Share(per share)	3.04	2.88	2.63	2.32	2.09	1.98	1.90	1.64	1.44	1.31	1.19	0.98	0.83	0.71	0.64	0.58	0.55	0.51
EBITDA	817	725	805	690	543	363	452	448	445	349	246	443	476	427	359	244	150	353
Net Interest Income	–	–	–	–	–	–	-23	-18	-19	-17	–	–	–	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 36.0%
Operating margin: 17.1%
Net margin: 12.4%
Return on equity, FY2025: 37.2%

Financial strength

Current ratio: 1.98
Debt to equity: 0.74
Debt to assets: 30.2%
Cash to current liabilities: 27.3%

Valuation

P/E ratio: 25.9
Price to sales: 3.19
Price to book: 9.19
Dividend yield: 1.17%