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Lincoln Electric Holdings LECO International Welding — Cost of Goods Sold

Other segment segments

Americas Welding
$486.48M+8.3%
Harris Products Group
$148.94M+26.2%

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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:CostOfGoodsAndServicesSold.

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
Three Months Ended June 30, 2026Americas / WeldingInternational / WeldingThe Harris / Products / GroupTotal
Reconciliation to Consolidated Net sales
Elimination of inter-segment sales(41,440)
Net sales$1,219,663
Cost of goods sold486,477175,789148,938
Other segment expenses (1) (3)159,78250,75415,901
Addback: Special items charge (1)(1,012)(2,282)(187)
Segment Adjusted EBIT$158,095$26,595$42,253$226,943
Other Segment Information

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Lincoln Electric Holdings's international welding — cost of goods sold?
Lincoln Electric Holdings (LECO) reported international welding — cost of goods sold of $175.79M in Q2 2026.
How has Lincoln Electric Holdings's international welding — cost of goods sold changed year-over-year?
Lincoln Electric Holdings's international welding — cost of goods sold increased by 3.2% year-over-year, from $170.29M to $175.79M.
What is the long-term trend for Lincoln Electric Holdings's international welding — cost of goods sold?
Over 3 years (2022 to 2025), Lincoln Electric Holdings's international welding — cost of goods sold has grown at a -1.2% compound annual growth rate (CAGR), from $719.05M to $692.62M.
What does international welding — cost of goods sold mean?
This represents the direct costs attributable to the production of welding products and the delivery of services within the International Welding segment. It includes raw materials, direct labor, and manufacturing overheads directly associated with the goods sold. Monitoring this helps evaluate the production efficiency and cost management of the international manufacturing footprint.

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