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Lincoln Electric Holdings LECO International Welding — Restructuring Reserve

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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:RestructuringReserve.

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 international welding — restructuring reserve?
Lincoln Electric Holdings (LECO) reported international welding — restructuring reserve of $3.44M in Q1 2026.
How has Lincoln Electric Holdings's international welding — restructuring reserve changed year-over-year?
Lincoln Electric Holdings's international welding — restructuring reserve decreased by 44.0% year-over-year, from $6.14M to $3.44M.
What is the long-term trend for Lincoln Electric Holdings's international welding — restructuring reserve?
Over 4 years (2021 to 2025), Lincoln Electric Holdings's international welding — restructuring reserve has grown at a -11.3% compound annual growth rate (CAGR), from $35.29M to $21.87M.
What does international welding — restructuring reserve mean?
The remaining liability for planned restructuring activities within the international welding segment.
How do you interpret international welding — restructuring reserve?
A declining reserve indicates that restructuring plans are being executed and paid out, while a rising reserve suggests new or ongoing restructuring initiatives.
How does international welding — restructuring reserve compare across companies?
Commonly found in the 'Accrued Liabilities' or 'Restructuring' notes of financial statements.