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. In the quarter to June 2026, revenue grew 12.0%, EPS grew 12.4%, free cash flow grew 87.7% and total debt fell 8.41%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years.
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Lincoln Electric Holdings, Inc. (LECO) P/E ratio
As of 9 October 2026, Lincoln Electric Holdings, Inc. (LECO) trades at a P/E ratio of 25.9×. Over the past ten years it has ranged from 12.7× (March 2020) to 59.6× (August 2016); the current reading is higher than 62% of that period. That is in line with the Tools & Accessories industry median of 25.5× and above the Industrials sector median of 24.5×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 25.5× | 11.92% |
| FY2024 | 22.8× | 1.47% |
| FY2023 | 22.4× | 24.86% |
| FY2022 | 18.0× | (39.92%) |
| FY2021 | 29.9× | (11.44%) |
| FY2020 | 33.8× | 64.90% |
| FY2019 | 20.5× | 15.14% |
| FY2018 | 17.8× | (27.38%) |
| FY2017 | 24.5× | (7.51%) |
| FY2016 | 26.5× | (12.67%) |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 26.3× | 3.22% |
| Mar 2026 | 25.5× | (0.10%) |
| Dec 2025 | 25.5× | 1.72% |
| Sep 2025 | 25.1× | 8.31% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| KMT Kennametal Inc. compare | 7.1× |
| SNA Snap-On Incorporated compare | 18.1× |
| EML Eastern Company (The) compare | 18.4× |
| SWK Stanley Black & Decker, Inc. compare | 21.5× |
| TTC Toro Company (The) compare | 25.5× |
| LECO Lincoln Electric Holdings, Inc. | 25.9× |
| TKR Timken Company (The) compare | 31.3× |
| HLMN Hillman Solutions Corp. compare | 31.7× |
| RBC RBC Bearings Incorporated compare | 49.5× |
| Tools & Accessories industry median | 25.5× |
| Industrials sector median | 24.5× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)