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Lincoln Electric Holdings LECO Change in Inventories

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Other financials

Income statement

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Revenue$1.1B+11.7%
Gross profit$399.1M+9.2%
Operating income$186.2M+12.9%
Net income$136.4M+15.1%
EPS (diluted)$2.47+17.6%

Balance sheet

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Cash & equivalents$298.9M-24.3%
Total debt$1.4B+4.0%
Total equity$1.2B+32.6%
Total assets$3.9B+7.6%

Cash flow

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Operating cash flow$102.2M-45.0%
CapEx$39.2M+45.3%
Free cash flow$63.0M-60.3%

Valuation

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Market cap$15.08B+28.8%
Enterprise value$16.14B+27.8%
P/E28×+2.6×
P/S3.5×+0.6×

Profitability

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Gross margin36%-0.4pp
Operating margin17%+1.2pp
Net margin12.4%+0.9pp

Returns & leverage

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Return on equity46.3%-2.8pp
Debt / equity+0.1×
Current ratio1.8×0.0×

Where this comes from

Reported directly by Lincoln Electric Holdings in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInInventories.

The official record: Lincoln Electric Holdings’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lincoln Electric Holdings's change in inventories?
Lincoln Electric Holdings (LECO) reported change in inventories of $61.88M in Q1 2026.
How has Lincoln Electric Holdings's change in inventories changed year-over-year?
Lincoln Electric Holdings's change in inventories increased by 206.8% year-over-year, from $20.17M to $61.88M.
What is the long-term trend for Lincoln Electric Holdings's change in inventories?
Over 2 years (2021 to 2024), Lincoln Electric Holdings's change in inventories has grown at a -59.5% compound annual growth rate (CAGR), from $154.35M to -$25.36M.
What does change in inventories mean?
The change in the value of unsold goods and raw materials held by the company.
How do you interpret change in inventories?
A large increase may signal overproduction or slowing sales, while a decrease may indicate strong demand or supply chain constraints.
How does change in inventories compare across companies?
Critical for manufacturing peers; investors look for inventory turnover ratios to gauge operational efficiency compared to industry benchmarks.