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) Net margin

Alert me on Net margin

Lincoln Electric Holdings, Inc.'s net margin over the twelve months to 30 September 2026 was 12.4%, up 0.1 percentage points from fiscal 2025 (12.3%). Over the past ten years it has ranged from 5.03% (fiscal 2015) to 13.0% (fiscal 2023); the current reading is higher than 82% of that period. That is above the Tools & Accessories industry median of 6.76% and above the Industrials sector median of 2.52%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 12.3% 0.67
FY2024 11.6% (1.38)
FY2023 13.0% 0.45
FY2022 12.6% 4.01
FY2021 8.55% 0.79
FY2020 7.76% (2.00)
FY2019 9.76% 0.28
FY2018 9.48% 0.05
FY2017 9.43% 0.71
FY2016 8.72% 3.69

Quarterly newest first

Period Net margin Change (points)
Sep 2026 11.8% (1.18)
Jun 2026 13.0% 0.84
Mar 2026 12.2% (0.45)
Dec 2025 12.6% 1.05
43 more quarters

Against its own ten years

Low 5.03% High 13.0%
Ten-year median 9.48%
Current reading's percentile 88

Net margin against peers

Company Net margin
KMT Kennametal Inc. compare 22.5%
SNA Snap-On Incorporated compare 20.8%
RBC RBC Bearings Incorporated compare 17.5%
LECO Lincoln Electric Holdings, Inc. 12.4%
TTC Toro Company (The) compare 7.64%
TKR Timken Company (The) compare 5.88%
SWK Stanley Black & Decker, Inc. compare 5.53%
EML Eastern Company (The) compare 3.39%
HLMN Hillman Solutions Corp. compare 1.48%
Tools & Accessories industry median 6.76%
Industrials sector median 2.52%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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