Lincoln Electric Holdings, Inc.

LECO Industrials Tools & Accessories

Lincoln Electric Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 5.60% from fiscal 2024.

Revenue
+15.1%
EPS
+19.0%
Free cash flow
−13.1%
Total debt
−7.15%

Quarter to September 2026, against a year earlier

272.49 6.84 −2.45%
Market cap
$14.7B
P/E
25.9×
Fwd P/E
24.8×
Dividend yield
1.16%
F-score
6/9
Altman Z
7.06
Beneish M
−2.53
Dividend safety
93/100

Lincoln Electric Holdings, Inc. (LECO) Free cash flow margin

Alert me on Free cash flow margin

Lincoln Electric Holdings, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 11.2%, down 1.6 percentage points from fiscal 2025 (12.8%). Over the past ten years it has ranged from 8.37% (fiscal 2022) to 14.9% (fiscal 2023); the current reading is higher than 91% of that period. That is above the Tools & Accessories industry median of 9.30% and above the Industrials sector median of 2.06%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 12.8% 0.56
FY2024 12.2% (2.71)
FY2023 14.9% 6.57
FY2022 8.37% (1.19)
FY2021 9.56% (1.73)
FY2020 11.3% (0.13)
FY2019 11.4% 2.35
FY2018 9.07% (1.43)
FY2017 10.5% (1.10)
FY2016 11.6% 1.16

Against its own ten years

Low 8.37% High 14.9%
Ten-year median 11.3%
Current reading's percentile 91

Free cash flow margin against peers

Company Free cash flow margin
SNA Snap-On Incorporated compare 22.6%
RBC RBC Bearings Incorporated compare 19.7%
TTC Toro Company (The) compare 15.3%
SWK Stanley Black & Decker, Inc. compare 11.4%
LECO Lincoln Electric Holdings, Inc. 11.2%
TKR Timken Company (The) compare 9.30%
EML Eastern Company (The) compare 6.41%
HLMN Hillman Solutions Corp. compare 6.31%
KMT Kennametal Inc. compare −10.9%
Tools & Accessories industry median 9.30%
Industrials sector median 2.06%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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