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 statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Metalworkg Machinery & Equipment companies for comparison
Valuation
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| Market Cap | $14.13B | $1.37B |
| Enterprise Value | $15.04B | $1.36B |
| PE Ratio | 25.89 | 29.21 |
| PS Ratio | 3.15 | 2.23 |
| PB Ratio | 9.09 | 2.78 |
| P/TBV Ratio | 21.12 | 3.90 |
| P/FCF Ratio | 26.05 | 22.36 |
| P/OCF Ratio | 20.55 | 17.09 |
Enterprise value
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| EV / Sales | 3.36 | 2.18 |
| EV / EBITDA | 17.28 | 16.91 |
| EV / EBIT | 19.58 | 20.70 |
| EV / FCF | 27.72 | 24.03 |
Income (trailing twelve months)
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| Revenue | $4.48B | $866.07M |
| Gross Profit | $1.61B | $317.63M |
| Operating Income | $767.80M | $33.78M |
| Pretax Income | $719.89M | $61.14M |
| Net Income | $553.55M | $20.20M |
| EBITDA | $870.08M | $59.87M |
| EPS (Diluted) | $10.01 | $0.70 |
Margins
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| Gross Margin | 36.0% | 34.3% |
| Operating Margin | 17.1% | 5.94% |
| Pretax Margin | 16.1% | 6.55% |
| Profit Margin | 12.4% | 4.89% |
| EBITDA Margin | 19.4% | 9.65% |
| FCF Margin | 12.1% | 7.34% |
Returns
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| Return on Equity (ROE) | 37.7% | 7.49% |
| Return on Assets (ROA) | 14.7% | 3.02% |
| Return on Invested Capital (ROIC) | 24.6% | 7.94% |
| Return on Capital Employed (ROCE) | 26.2% | 6.30% |
Growth
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 9.32% | 9.10% |
| Net Income Growth (YoY) | 10.1% | 8.53% |
| EPS Growth (YoY) | 12.5% | 10.7% |
| FCF Growth (YoY) | 7.42% | 6.28% |
| Revenue Growth (3Y CAGR) | 4.02% | 3.24% |
| Revenue Growth (5Y CAGR) | 9.78% | 7.11% |
| EPS Growth (3Y CAGR) | 5.05% | 7.68% |
| EPS Growth (5Y CAGR) | 22.2% | 15.9% |
Balance sheet
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $242.44M | $109.83M |
| Total Debt | $1.15B | $504.82M |
| Net Cash (Debt) | -$907.61M | $381.39K |
| Net Cash Per Share | -$16.65 | $0.00 |
| Equity (Book Value) | $1.55B | $380.65M |
| Book Value Per Share | $28.51 | $8.57 |
| Tangible Book Value | $668.95M | $79.42M |
| Working Capital | $872.47M | $228.02M |
Financial position
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| Current Ratio | 1.98 | 1.98 |
| Quick Ratio | 0.93 | 0.99 |
| Debt / Equity | 0.74 | 0.52 |
| Debt / EBITDA | 1.32 | 2.21 |
| Debt / FCF | 2.12 | 2.83 |
| Net Debt / EBITDA | 1.04 | 1.23 |
| Interest Coverage | 13.06 | 4.60 |
Cash flow (trailing twelve months)
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| Operating Cash Flow | $687.59M | $75.30M |
| Capital Expenditures | -$145.18M | -$27.96M |
| Free Cash Flow | $542.40M | $59.74M |
| FCF Per Share | $9.95 | $1.16 |
Efficiency
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| Asset Turnover | 1.19 | 0.70 |
| Inventory Turnover | 4.37 | 3.72 |
| Revenue Per Employee | $67.89M | $406.50K |
| Profits Per Employee | $8.39M | $16.14K |
| Employee Count | 66 | 1,615 |
Dividends and yields
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| Earnings Yield | 3.92% | 2.24% |
| FCF Yield | 3.84% | 3.19% |
| Dividend Yield | 1.17% | 1.06% |
| Buyback Yield | 1.68% | 1.10% |
| Shareholder Yield | 2.85% | 1.93% |
| Dividend Per Share | $3.04 | $1.14 |
| Dividend Growth (YoY) | 5.56% | 4.67% |
| Years of Dividend Growth | 11 | 4 |
| Payout Ratio | 30.9% | 28.8% |
| FCF Payout Ratio | 31.5% | 25.5% |
Shares
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| Shares Outstanding | 54,505,800 | 59,778,400 |
| Shares Change (YoY) | -2.15% | 0.45% |
| Shares Change (QoQ) | -0.51% | 0.14% |
| Float | 54,215,800 | 52,486,900 |
| Shares Held by Insiders | 0.53% | 5.23% |
| Shares Held by Institutions | 81.7% | 83.0% |
Taxes
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| Income Tax | $166.34M | $14.90M |
| Effective Tax Rate | 23.1% | 20.9% |
Scores
| Measure | Lincoln Electric | Industry median |
|---|---|---|
| Graham Number | $80.14 | $30.38 |
| Graham Upside | -69.1% | -55.4% |
| Altman Z-Score | 7.54 | 3.15 |
| Piotroski F-Score | 7 | 5 |
| Beneish M-Score | -2.53 | -2.55 |
Calculated by StockData from Lincoln Electric's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.