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Lincoln Electric Holdings, Inc.

LECOIndustrialsNASDAQ

Tools & Accessories · Last scanned Jun 2, 2026

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Financials · Annual
Revenue
$4.23B
+5.6% YoY
Net Income
$520.5M
+11.7% YoY
EBITDA
$825.6M
+13.8% YoY
Free Cash Flow
$176.6M

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About Lincoln Electric Holdings, Inc.

Headquartered within the industrials sector, Lincoln Electric Holdings, Inc. focuses on Tools & Accessories services and products. Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products in the United States and internationally. The company carries a $13.82B market cap, placing it firmly in the large-cap category. It operates in three segments: Americas Welding, International Welding, and The Harris Products Group.

Key stats
Market Cap$13.82B
P/E (TTM)26.05
Fwd P/E20.91
EPS$9.68
Beta1.25
52W Change+29.6%
Dividend Yield1.25%
ROE37.8%
Analysis

The company holds $298.9M in cash, though total debt stands at $1.36B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Annual free cash flow of $176.6M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 37.8%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 12.3% further supports the picture of efficient asset utilization. Revenue has been uneven over recent years, ranging from $3.76B to $4.23B.

Investors considering Lincoln Electric Holdings, Inc. should weigh the typical risks associated with LECO's sector, size, and financial profile against their own risk tolerance and investment objectives. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Lincoln Electric Holdings, Inc.'s trajectory.

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