Lincoln Electric (LECO) Financials: Revenue & Earnings

LECO price $279.87 -2.50 -0.89%

Ticker
LECO
Price
$279.87
Change
-2.50 -0.89%
Market cap ?
$15.25B
P/E ?
26.66
Forward P/E ?
24.98
Dividend yield ?
1.13%
Beta ?
1.22
Sector
Industrials
Industry
Manufacturing - Tools & Accessories
Stocklytics score
46
Value
28
Quality
61
Growth
48

Stocklytics score rationale: value 28, quality 61, growth 48.

Financials

2016201720182019202020212022202320242025
2274614000262443100030286740003003272000265540000032341800003761211000419163600040086700004230654000

Lincoln Electric Holdings, Inc., an enterprise established in Cleveland, Ohio, in 1895, operates globally, focusing on the innovation, production, and sale of equipment and materials for welding, cutting, and brazing applications. The company is organized into three distinct divisions: Americas Welding, International Welding, and The Harris Products Group. Its extensive product portfolio encompasses a broad spectrum…

Fair value

LECO fair value $228.77. Price $279.87. Price is 22% above fair value.

Above fair value, and more expensive than usual. A larger premium than on 70% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 486.35M. Growth 7.48%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 10.99% (beta 1.2). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 54.51M. Net debt 982.54M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare LECO

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-02-11—3.02—1.21B
2026-10-272.982.811.22B1.17B
2026-07-302.932.811.22B1.17B
2026-04-302.502.421.12B1.07B
2026-02-122.652.541.08B1.10B
2025-10-302.472.391.06B1.09B
2025-07-312.602.311.09B1.04B
2025-04-302.162.231.00B979.92M
2025-02-132.572.031.02B995.84M
2024-10-312.142.08983.76M1.00B
2024-07-312.342.301.02B1.02B
2024-04-252.232.17980.36M1.04B
2024-02-152.452.181.06B1.03B
2023-10-272.402.251.03B1.04B
2023-07-272.442.321.06B1.10B
2023-04-272.132.061.04B1.03B
2023-02-211.941.90930.93M922.94M
2022-10-272.041.95935.24M910.89M
2022-07-282.181.97969.59M938.47M
2022-04-282.101.67925.45M870.46M
2022-02-101.611.57844.25M821.08M
2021-10-281.561.54806.45M810.93M
2021-07-271.671.48826.45M810.93M
2021-04-271.371.20757.02M723.99M
2021-02-121.241.06693.79M681.39M
2020-10-271.100.79668.89M480.38M
2020-07-270.800.34590.73M487.35M
2020-04-271.001.00701.99M701.99M
2020-02-131.151.13736.31M723.50M
2019-10-301.091.24730.78M831.35M
2019-07-231.281.28777.01M777.01M
2019-04-221.171.22759.17M791.62M
2019-02-141.291.20743.83M691.93M
2018-10-251.211.21737.10M737.10M
2018-07-231.221.22790.05M790.10M
2018-04-231.101.09757.70M750.81M
2018-02-141.010.96747.18M710.21M
2017-10-270.930.93669.49M676.70M
2017-07-250.970.93626.86M601.05M
2017-04-180.880.79580.90M521.49M

Dividends

Yield 1.13%. Payout ratio 29.98%. Frequency Quarterly.

Safety score 91/100 · Safe. Payout ratio is 30% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 32 separate years. Yield is 1.1%, which is modest.

Ex-dateDividendRecordPaymentFrequency
2026-12-31$0.872026-12-312027-01-15Quarterly
2026-09-30$0.792026-09-302026-10-15Quarterly
2026-06-30$0.792026-06-302026-07-15Quarterly
2026-03-31$0.792026-03-312026-04-15Quarterly
2025-12-31$0.792025-12-312026-01-15Quarterly
2025-09-30$0.752025-09-302025-10-15Quarterly
2025-06-30$0.752025-06-302025-07-15Quarterly
2025-03-31$0.752025-03-312025-04-15Quarterly
2024-12-31$0.752024-12-312025-01-15Quarterly
2024-09-30$0.712024-09-302024-10-15Quarterly
2024-06-28$0.712024-06-302024-07-15Quarterly
2024-03-27$0.712024-03-312024-04-15Quarterly
2023-12-28$0.712023-12-312024-01-12Quarterly
2023-09-28$0.642023-09-302023-10-13Quarterly
2023-06-29$0.642023-06-302023-07-14Quarterly
2023-03-30$0.642023-03-312023-04-14Quarterly
2022-12-29$0.642022-12-312023-01-13Quarterly
2022-09-29$0.562022-09-302022-10-14Quarterly
2022-06-29$0.562022-06-302022-07-15Quarterly
2022-03-30$0.562022-03-312022-04-15Quarterly
2021-12-30$0.562021-12-312022-01-14Quarterly
2021-09-29$0.512021-09-302021-10-15Quarterly
2021-06-29$0.512021-06-302021-07-15Quarterly
2021-03-30$0.512021-03-312021-04-15Quarterly
2020-12-30$0.512020-12-312021-01-15Quarterly
2020-09-29$0.492020-09-302020-10-15Quarterly
2020-06-29$0.492020-06-302020-07-15Quarterly
2020-03-30$0.492020-03-312020-04-15Quarterly
2019-12-30$0.492019-12-312020-01-15Quarterly
2019-09-27$0.472019-09-302019-10-15Quarterly
2019-06-27$0.472019-06-282019-07-15Quarterly
2019-03-28$0.472019-03-292019-04-15Quarterly
2018-12-28$0.472018-12-312019-01-15Quarterly
2018-09-27$0.392018-09-282018-10-15Quarterly
2018-06-28$0.392018-06-292018-07-13Quarterly
2018-03-28$0.392018-03-292018-04-13Quarterly
2017-12-28$0.392017-12-292018-01-12Quarterly
2017-09-28$0.352017-09-292017-10-13Quarterly
2017-06-28$0.352017-06-302017-07-14Quarterly
2017-03-29$0.352017-03-312017-04-14Quarterly
2016-12-28$0.352016-12-312017-01-13Quarterly
2016-09-28$0.322016-09-302016-10-14Quarterly
2016-06-28$0.322016-06-302016-07-15Quarterly
2016-03-29$0.322016-03-312016-04-15Quarterly
2015-12-29$0.322015-12-312016-01-15Quarterly
2015-09-28$0.292015-09-302015-10-15Quarterly
2015-06-26$0.292015-06-302015-07-15Quarterly
2015-03-27$0.292015-03-312015-04-15Quarterly
2014-12-29$0.292014-12-312015-01-15Quarterly
2014-09-26$0.232014-09-302014-10-15Quarterly
2014-06-26$0.232014-06-302014-07-15Quarterly
2014-03-27$0.232014-03-312014-04-15Quarterly
2013-12-27$0.232013-12-312014-01-15Quarterly
2013-09-26$0.202013-09-302013-10-15Quarterly
2013-06-26$0.202013-06-282013-07-15Quarterly
2013-03-26$0.202013-03-282013-04-15Quarterly
2012-12-13$0.202012-12-172012-12-28Quarterly
2012-09-26$0.172012-09-282012-10-15Quarterly
2012-06-27$0.172012-06-292012-07-13Quarterly
2012-03-28$0.172012-03-312012-04-13Quarterly
2011-12-28$0.172011-12-312012-01-13Quarterly
2011-09-28$0.152011-09-302011-10-14Quarterly
2011-06-28$0.152011-06-302011-07-15Quarterly
2011-03-29$0.152011-03-312011-04-15Quarterly
2010-12-29$0.152010-12-312011-01-14Quarterly
2010-09-28$0.142010-09-302010-10-15Quarterly
2010-06-28$0.142010-06-302010-07-15Quarterly
2010-03-29$0.142010-03-312010-04-15Quarterly
2009-12-29$0.142009-12-312010-01-15Quarterly
2009-09-28$0.142009-09-302009-10-15Quarterly
2009-06-26$0.142009-06-302009-07-15Quarterly
2009-03-27$0.142009-03-312009-04-15Quarterly
2008-12-29$0.142008-12-312009-01-15Quarterly
2008-09-26$0.122008-09-302008-10-15Quarterly
2008-06-26$0.122008-06-302008-07-15Quarterly
2008-03-27$0.122008-03-312008-04-15Quarterly
2007-12-27$0.122007-12-312008-01-15Quarterly
2007-09-26$0.112007-09-282007-10-15Quarterly
2007-06-27$0.112007-06-292007-07-13Quarterly
2007-03-28$0.112007-03-302007-04-13Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-10-17Bruno GabrielSell257$262.1067.36K
2026-08-21Hedlund Steven BSell409$281.82115.26K
2026-07-23Whaley Kevin J.Sell216$250.3854.08K
2026-06-16Whitehead Michael JSell845$274.81232.21K
2026-05-01Doria GregorySell44$266.2511.71K
2026-04-17Benny Purushotam PatelBuy688——
2026-04-17Lincoln Kathryn JoBuy688——
2026-04-17Howze Marc ABuy688——
2026-04-17Hilton Michael FBuy688——
2026-04-17Goris Patrick P.Buy688——
2026-04-17Fetch Bonnie JBuy688——
2026-04-17Falotico Nancy JoyBuy688——
2026-04-17ESPELAND CURTIS EBuy688——
2026-04-17Chambers BrianBuy688——
2026-03-02Dietrich LisaBuy662——
2026-03-02Dietrich LisaSell199$287.0957.13K
2026-03-02Doria GregoryBuy486——
2026-03-02Doria GregorySell146$287.0941.92K
2026-03-02Whitehead Michael JBuy662——
2026-03-02Whitehead Michael JSell199$287.0957.13K
2026-03-02Ansberry Jennifer IBuy1.71K——
2026-03-02Ansberry Jennifer ISell770$287.09221.06K
2026-03-02Hedlund Steven BBuy3.18K——
2026-03-02Bruno GabrielBuy17.47K$114.272.00M
2026-03-02Bruno GabrielSell2.43K$285.44692.75K
2026-03-02Bruno GabrielSell11.87K$286.233.40M
2026-03-02Bruno GabrielSell3.18K$287.14912.54K
2026-03-02Bruno GabrielBuy2.78K——
2026-03-02Bruno GabrielSell2.90K——
2026-03-02Bruno GabrielSell17.47K$114.272.00M
2026-02-19Whaley Kevin J.Other0——
2026-02-19Whaley Kevin J.Other2.39K$289.04691.96K
2026-02-19Doria GregorySell25$288.127.20K
2026-02-19Whitehead Michael JSell82$288.1223.63K
2026-02-19Ansberry Jennifer ISell153$288.1244.08K
2026-02-19Hedlund Steven BSell496$288.12142.91K
2026-02-19Edwards Susan CSell93$288.1226.80K
2026-02-19Bruno GabrielSell161$288.1246.39K
2026-02-19Dietrich LisaSell61$288.1217.58K
2026-02-18Doria GregoryBuy630——
2026-02-18Doria GregoryBuy2.52K$289.04728.96K
2026-02-18Whitehead Michael JBuy800——
2026-02-18Whitehead Michael JBuy3.20K$289.04925.80K
2026-02-18Ansberry Jennifer IBuy769——
2026-02-18Ansberry Jennifer IBuy3.08K$289.04889.67K
2026-02-18Hedlund Steven BBuy5.34K——
2026-02-18Hedlund Steven BBuy21.38K$289.046.18M
2026-02-18Edwards Susan CBuy2.39K$289.04691.96K
2026-02-18Edwards Susan CBuy598——
2026-02-18Bruno GabrielBuy1.44K——
2026-02-18Bruno GabrielBuy5.78K$289.041.67M
2026-02-18Dietrich LisaBuy513——
2026-02-18Dietrich LisaBuy2.05K$289.04593.11K
2026-02-17Ansberry Jennifer IBuy10.66K$114.271.22M
2026-02-17Ansberry Jennifer ISell7.76K$288.652.24M
2026-02-17Ansberry Jennifer ISell2.40K$289.18694.04K
2026-02-17Ansberry Jennifer ISell500$290.38145.19K
2026-02-17Ansberry Jennifer ISell10.66K$114.271.22M
2026-02-13Ansberry Jennifer ISell465$293.68136.56K
2026-02-13Bruno GabrielSell600$293.68176.21K
2026-02-13Dietrich LisaSell195$293.6857.27K
2026-02-13Doria GregorySell150$293.6844.05K
2026-02-13Whitehead Michael JSell194$293.6856.97K
2025-12-10Benny Purushotam PatelBuy257——
2025-12-10Mason Phillip JBuy257——
2025-12-10Howze Marc ABuy257——
2025-12-10Hilton Michael FBuy257——
2025-12-10Goris Patrick P.Buy257——
2025-12-10Fetch Bonnie JBuy257——
2025-12-10Chambers BrianBuy257——
2025-12-10Falotico Nancy JoyBuy257——
2025-12-10ESPELAND CURTIS EBuy257——
2025-12-10Lincoln Kathryn JoBuy257——
2025-09-16Whitehead Michael JSell1.00K$233.23233.23K
2025-09-11Hedlund Steven BBuy12.39K$89.631.11M
2025-09-11Hedlund Steven BSell4.26K$242.871.03M
2025-09-11Hedlund Steven BSell6.93K$243.491.69M
2025-09-11Hedlund Steven BSell1.20K$244.36293.24K
2025-09-11Hedlund Steven BSell12.39K$89.631.11M
2025-08-22Hedlund Steven BSell416$245.25102.02K
2025-08-12Ansberry Jennifer ISell3.00K$242.18726.55K
2025-08-08Bruno GabrielBuy7.30K$89.63654.75K
2025-08-08Bruno GabrielSell7.30K$242.421.77M
2025-08-08Bruno GabrielSell315——
2025-08-08Bruno GabrielSell7.30K$89.63654.75K
2025-08-04Benny Purushotam PatelSell1.11K$244.00271.57K
2025-07-18Whitehead Michael JSell935$221.98207.55K
2025-05-09Hedlund Steven BSell835$185.88155.21K
2025-05-09Dietrich LisaSell204$185.8837.92K
2025-05-01Doria GregoryBuy549——
2025-03-03Bruno GabrielBuy6.68K$88.44590.96K
2025-03-03Bruno GabrielSell6.58K$203.531.34M
2025-03-03Bruno GabrielBuy5.02K——
2025-03-03Bruno GabrielSell100$204.4020.44K
2025-03-03Bruno GabrielSell2.52K——
2025-03-03Bruno GabrielSell6.68K$88.44590.96K
2025-03-03Whitehead Michael JBuy1.21K——
2025-03-03Whitehead Michael JSell373$200.3174.72K
2025-03-03Hedlund Steven BBuy4.50K——
2025-03-03Hedlund Steven BSell2.04K$200.31409.03K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 719, holders +15 vs prior quarter. Ownership 81.95%.

HolderSharesChangeChange %Value
BLACKROCK, INC.5.39M168.40K+3.22%1.43B
VANGUARD PORTFOLIO MANAGEMENT LLC2.56M26.52K+1.04%680.94M
VANGUARD CAPITAL MANAGEMENT LLC2.48M17.27K+0.70%657.72M
STATE STREET CORP2.25M25.78K+1.16%600.47M
NORGES BANK1.73M1.73MNew458.93M
GEODE CAPITAL MANAGEMENT, LLC1.45M81.00K+5.93%384.08M
VICTORY CAPITAL MANAGEMENT INC1.39M-92.48K-6.23%369.33M
INVESCO LTD.1.31M143.30K+12.26%348.46M
JPMORGAN CHASE & CO1.04M76.28K+7.90%275.88M
AQR CAPITAL MANAGEMENT LLC922.17K-213.28K-18.78%244.38M
BOSTON PARTNERS825.12K25.24K+3.16%219.05M
GOLDMAN SACHS GROUP INC697.09K345.82K+98.45%185.08M
PICTET ASSET MANAGEMENT HOLDING SA659.04K540.81K+457.44%174.98M
PARK EDGE ADVISORS, LLC631.14K00.00%167.58M
KEYBANK NATIONAL ASSOCIATION/OH532.01K-5.08K-0.95%141.25M
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC506.86K-27.99K-5.23%134.58M
DIMENSIONAL FUND ADVISORS LP504.25K6.62K+1.33%133.88M
NORTHERN TRUST CORP465.49K5.80K+1.26%123.59M
MIRAE ASSET GLOBAL ETFS HOLDINGS LTD.439.17K34.80K+8.61%116.60M
WESTFIELD CAPITAL MANAGEMENT CO LP430.68K72.52K+20.25%114.35M
THRIVENT FINANCIAL FOR LUTHERANS426.29K16.35K+3.99%113.18M
FISHER ASSET MANAGEMENT, LLC415.44K-4.49K-1.07%110.30M
BANK OF NEW YORK MELLON CORP408.01K-37.95K-8.51%108.33M
STIFEL FINANCIAL CORP400.56K-9.33K-2.28%106.35M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.379.99K379.99KNew100.89M

Earnings and financials

Lincoln Electric Holdings, Inc. (LECO) trades at $279.87, with a market cap of $15.25B and a trailing P/E of 26.66. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.

Financials

2016201720182019202020212022202320242025
2274614000262443100030286740003003272000265540000032341800003761211000419163600040086700004230654000

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Lincoln Electric (LECO) Financials: Revenue & Earnings

LECO$279.87-2.50 -0.89%

$15.25B

Market Cap

26.66

P/E

24.98

Forward P/E

46

Score

Price History