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Segments

By segment

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Americas Welding$17.87M+4.3%
International Welding$6.67M+21.6%
Harris Products Group$2.59M-0.3%

Other financials

Income statement

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Revenue$1.2B+12.0%
Gross profit$449.0M+10.7%
Operating income$220.6M+14.8%
Net income$158.5M+10.5%
EPS (diluted)$2.88+12.5%

Balance sheet

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Cash & equivalents$242.4M-19.0%
Total debt$1.2B-8.2%
Total equity$1.2B+32.6%
Total assets$3.8B+2.3%

Cash flow

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Operating cash flow$253.8M+76.4%
CapEx$31.4M+23.6%
Free cash flow$222.3M+87.8%

Valuation

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Market cap$15.23B+14.1%
Enterprise value$16.19B+12.7%
P/E27.5×+1.0×
P/S3.4×+0.1×

Profitability

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Gross margin36%-0.4pp
Operating margin17.1%+0.6pp
Net margin12.4%+0.1pp
FCF margin12.1%-0.2pp

Returns & leverage

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Return on equity46.3%-2.8pp
Debt / equity+0.1×
Current ratio+0.3×

Where this comes from

Reported directly by Lincoln Electric Holdings in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Lincoln Electric Holdings’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 11:41 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000059527-26-000022
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Depreciation and amortization
Segment totals$$27,129$25,222$54,23449,377
Adjustments(1,160)(760)(2,256)(1,131)
Consolidated totals$$25,969$24,462$51,97848,246
(1) Corporate special items primarily include transaction costs.
June 30, 2026December 31, 2025
Reconciliation of Segment Assets to Consolidated Assets
Americas Welding$$2,536,9572,464,376

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Lincoln Electric Holdings's D&A?
Lincoln Electric Holdings (LECO) reported D&A of $25.97M in Q2 2026.
How has Lincoln Electric Holdings's D&A changed year-over-year?
Lincoln Electric Holdings's D&A increased by 6.2% year-over-year, from $24.46M to $25.97M.
What is the long-term trend for Lincoln Electric Holdings's D&A?
Over 4 years (2021 to 2025), Lincoln Electric Holdings's D&A has grown at a 5.0% compound annual growth rate (CAGR), from $81.15M to $98.55M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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