Skip to main content
    L

    Lincoln Electric Holdings Inc (LECO)

    Official site

    INDUSTRIALS • TOOLS & ACCESSORIES • NASDAQ

    $260.24
    +2.43 (+0.94%)

    Market Cap: $14.29B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    90%(35/39)
    Avg Surprise
    +9.33%
    Streak
    5 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$2.81
    Range$2.77 - $2.89
    11 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$2.78+1.2%
    60d ago$2.82-0.5%
    30d ago$2.82-0.5%
    7d ago$2.82-0.5%
    Current$2.81
    Revenue Consensus
    $1.2B
    Range$1.2B - $1.2B
    9 analysts
    Period ending Dec 31, 2026
    EPS Consensus$3.14
    Range$3.01 - $3.27
    12 analysts
    Revenue Consensus
    $1.3B
    Range$1.3B - $1.3B
    11 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$3.14---
    Sep 26EST
    		-$2.81---
    Jun 26
    Reported Jul 30
    		$2.93$2.81+4.27%Beat+12.7%
    Mar 26
    Reported Apr 30
    		$2.50$2.43+2.88%Beat+15.7%
    Dec 25
    Reported Feb 12
    		$2.65$2.54+4.33%Beat+3.1%
    Sep 25
    Reported Oct 30
    		$2.47$2.42+2.07%Beat+15.4%
    Jun 25
    Reported Jul 31
    		$2.60$2.31+12.55%Beat+11.1%
    Mar 25
    Reported Apr 30
    		$2.16$2.23-3.14%Miss-3.1%
    Dec 24
    Reported Feb 13
    		$2.57$1.99+28.85%Beat+4.9%
    Sep 24
    Reported Oct 31
    		$2.14$2.05+4.39%Beat-10.8%
    Jun 24
    Reported Jul 31
    		$2.34$2.29+2.18%Beat-4.1%
    Mar 24
    Reported Apr 25
    		$2.23$2.17+2.77%Beat+4.7%
    Dec 23
    Reported Feb 15
    		$2.45$2.18+12.39%Beat+26.3%
    Sep 23
    Reported Oct 27
    		$2.40$2.25+6.67%Beat+17.6%
    Jun 23
    Reported Jul 27
    		$2.44$2.32+5.17%Beat+11.9%
    Mar 23
    Reported Apr 27
    		$2.13$2.05+3.90%Beat+1.4%
    Dec 22
    Reported Feb 21
    		$1.94$1.90+2.11%Beat+20.5%
    Sep 22
    Reported Oct 27
    		$2.04$1.95+4.62%Beat+30.8%
    Jun 22
    Reported Jul 28
    		$2.18$1.97+10.66%Beat+30.5%
    Mar 22
    Reported Apr 28
    		$2.10$1.67+25.75%Beat+53.3%
    Dec 21
    Reported Feb 10
    		$1.61$1.57+2.55%Beat+29.8%
    Sep 21
    Reported Oct 28
    		$1.56$1.52+2.63%Beat+41.8%
    Jun 21
    Reported Jul 27
    		$1.67$1.48+12.84%Beat+108.7%
    Mar 21
    Reported Apr 27
    		$1.37$1.18+16.10%Beat+37.0%
    Dec 20
    Reported Feb 12
    		$1.24$1.06+16.98%Beat+7.8%
    Sep 20
    Reported Oct 27
    		$1.10$0.79+39.24%Beat+0.9%
    Jun 20
    Reported Jul 27
    		$0.80$0.35+128.57%Beat-37.5%
    Mar 20
    Reported Apr 27
    		$1.00$1.00+0.00%Beat-14.5%
    Dec 19
    Reported Feb 13
    		$1.15$1.13+1.77%Beat-10.9%
    Sep 19
    Reported Oct 30
    		$1.09$1.24-12.10%Miss-9.9%
    Jun 19
    Reported Jul 23
    		$1.28$1.28+0.00%Beat+4.9%
    Mar 19
    Reported Apr 22
    		$1.17$1.22-4.10%Miss+6.4%
    Dec 18
    Reported Feb 14
    		$1.29$1.20+7.50%Beat+27.7%
    Sep 18
    Reported Oct 25
    		$1.21$1.21+0.00%Beat+30.1%
    Jun 18
    Reported Jul 23
    		$1.22$1.22+0.00%Beat+25.8%
    Mar 18
    Reported Apr 23
    		$1.10$1.09+0.92%Beat+25.0%
    Dec 17
    Reported Feb 14
    		$1.01$0.96+5.21%Beat+24.7%
    Sep 17
    Reported Oct 27
    		$0.93$0.94-1.06%Miss-
    Jun 17
    Reported Jul 25
    		$0.97$0.94+3.19%Beat-
    Mar 17
    Reported Apr 18
    		$0.88$0.79+11.39%Beat-
    Dec 16
    Reported Feb 14
    		$0.81$0.81+0.00%Beat-

    Dividends

    Dividend Metrics

    Forward Yield1.21%
    Forward Annual Dividend$3.16
    Payout Ratio25.05%
    FrequencyQuarterly
    Pay MonthsJan, Apr, Jul, Oct

    Growth

    3Y CAGR+9.43%
    5Y CAGR+8.95%
    LECO dividend history and ex-dividend datesRun LECO in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio24.67EV/EBITDA17.25x
    Price/FCF26.15xFCF Yield3.82%
    Profitability
    Profit Margin12.30%Operating Margin18.20%
    ROE37.70%ROIC21.97%
    Financial Health
    Debt/Equity0.74xInterest CoverageN/A
    Current Ratio1.98xQuick Ratio1.20x
    Trading Statistics
    Beta1.22Avg Volume372.20K
    52-Week High$307.1752-Week Low$213.55

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$264.82
    SMA 20$265.00
    SMA 50$270.65
    SMA 200$263.96
    EMA 10$262.67
    EMA 20$264.33
    EMA 50$265.99
    EMA 200$258.88

    MACD

    Line: -1.84Signal: -1.09Hist: -0.75

    ADX

    ADX: 20.5+DI: 17.5-DI: 27.4

    Aroon & PSAR

    Aroon Up72.0
    Aroon Down8.0
    PSAR$274.56

    Bollinger Bands

    Upper Band$277.21
    Lower Band$252.78
    %B Position922%(Upper)
    Band Width0.31

    RSI (14-Day)

    Neutral
    44.7

    Momentum Oscillators

    Stoch %K19.8
    Stoch %D20.8
    Williams %R-80.1
    ROC (10d)-3.4%
    Momentum-9.16
    CCI (20d)-59.4
    MFI (14d)56.9

    Volatility Measures

    ATR (14d)$7.32(2.8%)
    StdDev (20d)6.11
    Hist Vol25.4%(Moderate)

    Volume Flow

    VWAP$260.57
    OBV10.5M
    AD Line-52.9M
    CMF (20d)-0.016

    Volume Metrics

    Avg Vol (20d)365.7K
    Vol Ratio0.9x
    VWMA (20d)$264.27

    Pivot Points

    R3$267.20
    R2$264.58
    R1$261.19
    Pivot Point$258.57
    S1$255.18
    S2$252.56
    S3$249.17

    Advanced Oscillators

    TSI-7.29
    Ultimate Osc40.8
    KST-10.59

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1.22B$1.12B$1.08B$1.06B$1.09B$1.00B$1.02B$983.76M$1.02B$981.20M$1.06B$1.03B
    Cost of Revenue$770.67M$722.30M$704.77M$671.92M$683.13M$638.94M$653.41M$631.68M$637.87M$612.80M$687.48M$667.58M
    Gross Profit$449.00M$399.13M$373.95M$389.31M$405.55M$365.45M$368.62M$352.08M$383.81M$368.40M$371.03M$365.63M
    Operating Expenses$228.35M$212.97M$189.61M$212.65M$213.40M$200.53M$191.60M$206.52M$234.97M$203.35M$167.00M$194.19M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$224.87M$210.81M$183.65M$206.82M$210.86M$196.66M$187.07M$186.29M$208.49M$198.75M$188.93M$187.12M
    Operating Income$220.64M$186.16M$184.34M$176.66M$192.14M$164.92M$177.02M$145.56M$148.84M$165.05M$204.03M$171.44M
    Interest Income$-12,521,000$-13,374,000$-13,167,000$-13,648,000$-12,619,000$-12,127,000$-11,372,000$-11,974,000$-10,661,000$-8,779,000$-8,662,000$-10,809,000
    Interest Expense$12.76M$12.80M$11.68M$10.66M$8.59M$11.68M$9.96M$13.62M$12.21M$6.52M$7.00M$10.01M
    Income Before Tax$207.88M$173.35M$172.66M$166.00M$183.56M$153.24M$167.05M$131.94M$136.62M$158.53M$197.03M$161.43M
    Income Tax Expense$49.36M$36.97M$36.64M$43.37M$40.16M$34.75M$26.82M$31.19M$34.92M$35.12M$40.39M$32.09M
    Net Income$158.52M$136.38M$136.02M$122.63M$143.40M$118.49M$140.23M$100.76M$101.71M$123.42M$156.64M$129.34M
    EBITDA$246.37M$212.74M$211.38M$204.39M$220.64M$189.15M$201.57M$166.56M$168.15M$188.90M$227.66M$193.73M
    EBIT$220.40M$186.73M$185.83M$179.64M$196.18M$165.36M$178.43M$143.92M$147.28M$167.31M$205.69M$172.24M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about LECO

    Government Contracts

    Gov Obligations (TTM)
    -$3947
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    -100.4%
    Active Awards
    5
    New Awards (TTM)
    2
    Avg Remaining Term
    N/A

    Recent Awards

    Award IDAgencyObligatedStart
    SPMYM125P1474Department of DefenseDefense Logistics Agency$27504Aug 22, 2025
    SPE7M126P1683Department of DefenseDefense Logistics Agency$256Nov 14, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Baird sets USD 317.00 target for Lincoln Electric stock

    Baird has maintained its "Buy" rating for Lincoln Electric stock and set a price target of USD 317.00, which is 23.4% above its current Nasdaq price. Lincoln Electric is scheduled to release its third-quarter 2026...

    ad-hoc-news.de•10/15/26•Bullish

    Lincoln Electric raises quarterly dividend 10% to $0.87

    Lincoln Electric Holdings, Inc. announced a 10% increase in its quarterly cash dividend to $0.87 per share, marking the 31st consecutive annual increase. The dividend is payable on January 15, 2027...

    Investing.com•10/14/26•Bullish

    Lincoln Electric Holdings Raises Quarterly Dividend 10% to $0.87

    Lincoln Electric Holdings, Inc. announced a 10% increase in its quarterly dividend, raising it to $0.87 per share from $0.79. The company set December 31 as both the record and ex-dividend date...

    www.tokenpost.com•10/14/26•Bullish

    Lincoln Electric Increases Annual Dividend by 10% to $3.48 Per Share

    Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced a 10% increase in its quarterly cash dividend to $0.87 per share, totaling $3.48 annually. This marks the company's 31st consecutive annual dividend increase...

    Yahoo Finance•10/14/26•Bullish

    Lincoln Electric Holdings (LECO) Board Approves 10% Dividend Increase to $0.87 Quarterly

    Lincoln Electric Holdings (LECO) has approved a 10% increase in its quarterly cash dividend to 87 cents per share, reflecting confidence in its RISE strategy and strong cash flow. The company...

    GuruFocus•10/14/26•Bullish

    LECO Valuation and Fair Value

    P/E
    24.7x
    Forward P/E
    21.2x
    EV/EBITDA
    17.3x
    P/FCF
    26.2x
    PEG
    1.5x
    P/B
    9.1x
    See GNG's fair value

    LECO Profitability: Margins, ROIC and FCF

    Gross margin
    36.0%
    Operating margin
    18.2%
    Net margin
    12.3%
    ROIC
    22.0%
    ROE
    37.7%
    FCF margin
    12.1%
    FCF yield
    3.8%

    LECO Competitors

    CompanyTicker
    Masco CorporationMAS
    LATAM Airlines Group S.A.LTM
    Aramark HoldingsARMK
    Stanley Black & Decker IncSWK
    UL Solutions Inc.ULS
    Carlisle Companies IncorporatedCSL
    ZTO Express (Cayman) IncZTO
    Allegion PLCALLE

    Sector: Industrials

    LECO Analyst Ratings

    Consensus
    Hold
    Analysts
    12
    Strong Buy
    1
    Buy
    6
    Hold
    4
    Sell
    0
    Strong Sell
    1

    LECO Bull Case vs Bear Case

    Bull case

    • LECO earns a 22.0% return on invested capital.
    • LECO beat EPS estimates in 87.5% of its last 8 reported quarters.
    • LECO grew quarterly revenue 12.0% year over year.

    LECO Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    7.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $2.81
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    LECO Dividend

    Forward yield
    1.2%
    Payout ratio
    25.0%
    3Y DPS growth
    9.4%
    5Y DPS growth
    9.0%
    Pay months
    Jan, Apr, Jul, Oct
    LECO dividend history

    Frequently Asked Questions About LECO

    What is LECO's current dividend yield?

    Lincoln Electric Holdings Inc (LECO) has a forward dividend yield of 1.21%.

    Does LECO pay dividends?

    Yes, Lincoln Electric Holdings Inc pays dividends with a forward dividend yield of 1.21%.

    What is LECO's P/E ratio?

    Lincoln Electric Holdings Inc has a price-to-earnings (P/E) ratio of 24.67.

    What is LECO's market cap?

    Lincoln Electric Holdings Inc (LECO) has a market capitalization of $14.29B with a current stock price of $260.24.

    Related stocks

    Sector: Industrials

    All stocks starting with L

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In