Lincoln Electric Holdings, Inc.
LECO
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Lincoln Electric is well-positioned in the Tools & Accessories industry, benefiting from a strong competitive edge in welding technology and automation solutions.
- Revenue increased by 9% compared to the prior quarter, reaching $1.2 billion.
- Operating margin expanded to 18.4%, reflecting improved operational efficiency.
- The company's high debt-to-equity ratio of 77.347 raises concerns about financial stability in a fluctuating market.
- Trailing P/E ratio stands at 27.53, indicating that the stock may be overvalued compared to its earnings growth potential.
- Current ratio is 1.982, suggesting potential liquidity issues if short-term obligations increase.
Fundamentals
| Market cap | $14.10B | Enterprise value | $15.06B | Trailing P/E | 25.85 | Forward P/E | 20.66 |
| PEG | 1.49 | Price / book | 9.08 | Beta | 1.22 | Dividend yield | 1.22% |
| Revenue growth | 12.0% | Earnings growth | 12.5% | Gross margin | 36.1% | Operating margin | 18.2% |
| Profit margin | 12.4% | ROE | 37.7% | ROA | 13.0% | Debt / equity | 0.77 |
| Current ratio | 1.98 | Free cash flow | $307.08M | Analyst recommendation | buy | Mean target | $304.91 |
| 52w high | $310.00 | 52w low | $216.22 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.1B | $1.1B | $1.1B |
| Op margin | 18.4% | 16.8% | 17.6% | 17.2% | 17.9% |
| Net income | $159M | $136M | $136M | $123M | $143M |
| Gross margin | 36.8% | 35.6% | 34.7% | 36.7% | 37.3% |
| Gross profit | $449M | $399M | $374M | $389M | $406M |
| Operating income | $224M | $188M | $190M | $182M | $195M |
- Revenue +9% vs prior quarter ($1.2B vs $1.1B).
- Gross margin 36.8% (was 35.6% prior quarter).
- Operating margin expanded to 18.4%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.0B | $4.2B | $3.8B | — |
| Op margin | 17.4% | 17.3% | 16.9% | 16.6% | — |
| Net income | $521M | $466M | $545M | $472M | — |
| Gross margin | 36.2% | 36.7% | 35.0% | 34.1% | — |
| Gross profit | $1.5B | $1.5B | $1.5B | $1.3B | — |
| Operating income | $736M | $692M | $707M | $624M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-08 · Top EV Stocks For October 2026
2026-10-07 · 3 Electric Vehicle Stocks To Watch In October 2026
2026-10-06 · 5 Stocks to Buy as U.S. Manufacturing Expands for Nine Straight Months
2026-09-30 · Lincoln Electric Schedules Webcast for Third Quarter 2026 Results
2026-09-25 · Lincoln Electric Sees Automation Surge, Prepares Physical AI Debut at FABTECH
2026-09-25 · Lincoln Electric Holdings (LECO) Could Be 13% Undervalued After Zacks Growth Pick
2026-09-24 · 3 Reasons Growth Investors Will Love Lincoln Electric (LECO)
2026-09-16 · Is The Buyback The Reason To Own Lincoln Electric Stock?
2026-09-16 · KMT vs. LECO: Which Stock Is the Better Value Option?
2026-09-11 · Why Lincoln Electric (LECO) Shares Are Getting Obliterated Today
2026-09-08 · 3 Reasons Why Growth Investors Shouldn't Overlook Lincoln Electric (LECO)
2026-09-04 · Zacks.com featured highlights include Fortinet, Brinker International, Lincoln Electric and Lam Research
Price (daily)
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