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
+87.7%
Total debt
−7.15%

Quarter to September 2026, against a year earlier

286.58 9.66 +3.49%
Market cap
$15.0B
P/E
27.2×
Fwd P/E
24.8×
Dividend yield
1.10%
F-score
6/9
Altman Z
7.06
Beneish M
−2.53
Dividend safety
93/100

Lincoln Electric Holdings, Inc. (LECO) P/E ratio

Alert me on P/E ratio

As of 2 November 2026, Lincoln Electric Holdings, Inc. (LECO) trades at a P/E ratio of 27.2×. Over the past ten years it has ranged from 12.7× (March 2020) to 59.6× (August 2016); the current reading is higher than 73% of that period. That is in line with the Tools & Accessories industry median of 27.2× and above the Industrials sector median of 24.7×.

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
Sep 2026 25.1× (4.36%)
Jun 2026 26.3× 3.22%
Mar 2026 25.5× (0.10%)
Dec 2025 25.5× 1.72%
43 more quarters

Against its own ten years

Low 12.7× High 59.6×
Ten-year median 24.1×
Current reading's percentile 72

P/E ratio against peers

Company P/E ratio
KMT Kennametal Inc. compare 6.9×
SNA Snap-On Incorporated compare 18.7×
EML Eastern Company (The) compare 21.4×
SWK Stanley Black & Decker, Inc. compare 25.9×
LECO Lincoln Electric Holdings, Inc. 27.2×
TTC Toro Company (The) compare 29.1×
TKR Timken Company (The) compare 30.5×
HLMN Hillman Solutions Corp. compare 38.3×
RBC RBC Bearings Incorporated compare 42.2×
Tools & Accessories industry median 27.2×
Industrials sector median 24.7×
Market median 18.6×

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)

The full definition of P/E ratio →

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