LINCOLN ELECTRIC HOLDINGS INC
Close on Oct 19, 2026
- Market cap
- $14.28B
- P/E (TTM)
- 25.9
- Dividend yield
- 1.17%
About Lincoln Electric
Metalworkg Machinery & Equipment, SIC 3540
Lincoln Electric Holdings, Inc. designs and manufactures industrial equipment and technology for welding, cutting, brazing, and automated manufacturing processes. The business operates through three segments: Americas Welding, International Welding, and The Harris Products Group. Its offerings include arc welding machinery, cutting systems, filler metals, specialty gas regulators, and robotic automation solutions, alongside additive manufacturing and training services. The company sells products through industrial distributors, retail channels, and direct sales teams to manufacturers and fabricators. Key customer sectors include general fabrication, energy, heavy industries, automotive and transportation, and structural construction.
The company maintains manufacturing and automation facilities in twenty countries across North America, South America, Europe, Asia, and Australia. Lincoln Electric operates forty-nine ISO 9001-certified facilities worldwide and employs approximately 12,000 individuals. Although the company was incorporated in Ohio, the provided text does not state its current headquarters location.
Summary of the business section of Lincoln Electric's latest annual report, written by StockData.
Company profile
Company
- Legal name
- LINCOLN ELECTRIC HOLDINGS INC
- Founded
- 1895
- Headquarters
- Cleveland, OH
- Address
- 22801 St Clair Ave 44117
- Phone
- (216) 481-8100
- Website
- lincolnelectric.com
- Employees
- 66, Dec 31, 2008
- Industry
- Metalworkg Machinery & Equipment
- Incorporated in
- Ohio
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Cleveland, Ohio
Stock & identifiers
- Ticker
- LECO
- Exchange
- Nasdaq
- Shares outstanding
- 55M, Jun 30, 2026
- Public float
- $11.27B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Jun 1, 2011; 2-for-1, Apr 30, 2011; 2-for-1, Jun 16, 1998
- SEC CIK
- 59527
- CUSIP
- 533900106
- ISIN
- US5339001068
- LEI
- BIMGBY40SIN95O01BN93
- EIN
- 34-0359955
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Steven B. Hedlund | CHAIRMAN, PRESIDENT & CEO, Director | 65,971 |
| Kevin J. Whaley | EVP, Pres, Global Automation | 2,640 |
| Michael J. Whitehead | EVP, PRESIDENT, AMERICAS WELD | 9,319 |
| Gregory Doria | EVP, PRES INTERNATIONAL | 5,424 |
| Gabriel Bruno | EVP, CFO & TREASURER | 33,212 |
| Jennifer I. Ansberry | EVP, GENERAL COUNSEL & SECY | 20,266 |
| Lisa Dietrich | EVP, CDIO | 3,857 |
| Susan C. Edwards | EVP, CHRO | 1,868 |
| Michele R. Kuhrt | EVP, CTO | 18,681 |
| Peter M. Pletcher | SVP, PRES. AMERICAS WELDING | 5,828 |
| Patrick P. Goris | Director | 9,176 |
| Kathryn Jo Lincoln | Director | 35,374 |
| Nancy Joy Falotico | Director | 1,523 |
| Marc A. Howze | Director | 2,550 |
| Curtis E. Espeland | Director | 19,110 |
| Brian Chambers | Director | 4,351 |
| Purushotam Patel Benny | Director | 8,567 |
| Michael F. Hilton | Director | 13,880 |
| Bonnie J. Fetch | Director | 2,707 |
| Phillip J. Mason | Director | 20,807 |
| Kellye L. Walker | Director | 4,858 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 PEO2 | $8.39M | $10.73M | $2.01M | $222 | $155 |
| FY2024 PEO2 | $7.36M | $4.98M | $3.24M | $171 | $144 |
| FY2023 Christopher Mapes | $10.61M | $27.97M | $3.09M | $196 | $126 |
| FY2023 PEO1 | $10.61M | $27.97M | $3.09M | $196 | $126 |
| FY2022 Christopher Mapes | $10.10M | $14.42M | $2.50M | $128 | $108 |
| FY2022 PEO1 | $10.10M | $14.42M | $2.50M | $128 | $108 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“A total of 66 employees were impacted by the Ireland”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 11, 1998 | Deregistration | Termination of SEC registration (Form 15) |
| May 12, 1998 | Name change | Name changed from LINCOLN ELECTRIC CO to LINCOLN ELECTRIC HOLDINGS INC |
| Apr 17, 1998 | Merger | Registration of securities for a merger or exchange offer (S-4) |