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Inventory turnover at other companies

Illinois Tool Works logo
Illinois Tool WorksITW
5.3×+0.3×
Advanced Energy Industries logo
Advanced Energy IndustriesAEIS
2.8×+0.1×
Dover logo
DoverDOV
3.5×0.0×
Wesco International logo
Wesco InternationalWCC
4.8×+0.1×
Woodward logo
WoodwardWWD
4.3×+0.2×
United Rentals logo
United RentalsURI
41.9×-1.5×

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

Calculated from Lincoln Electric Holdings’s reported figures.

Based on trailing twelve months.

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 inventory turnover?
Lincoln Electric Holdings (LECO) reported inventory turnover of 4.4× in Q1 2026.
How has Lincoln Electric Holdings's inventory turnover changed year-over-year?
Lincoln Electric Holdings's inventory turnover decreased by 2.2% year-over-year, from 4.5× to 4.4×.
What is the long-term trend for Lincoln Electric Holdings's inventory turnover?
Over 4 years (2021 to 2025), Lincoln Electric Holdings's inventory turnover has grown at a -0.7% compound annual growth rate (CAGR), from 18.1× to 17.5×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.