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Lincoln Electric Holdings LECO International Welding — Restructuring Settlement And Impairment Provisions

Other segment segments

Americas Welding
$1.01M+11.8%
Harris Products Group
$187K+117%

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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:RestructuringSettlementAndImpairmentProvisions.

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

(1) In the three months ended June 30, 2026, special items within Other segment expenses primarily include Rationalization and asset impairment net charges of $1,012, $2,282, and $187 in Americas Welding, International Welding, and The Harris Products Group, respectively, as discussed in Note 6.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Lincoln Electric Holdings's international welding — restructuring settlement and impairment provisions?
Lincoln Electric Holdings (LECO) reported international welding — restructuring settlement and impairment provisions of $2.28M in Q2 2026.
How has Lincoln Electric Holdings's international welding — restructuring settlement and impairment provisions changed year-over-year?
Lincoln Electric Holdings's international welding — restructuring settlement and impairment provisions increased by 47.1% year-over-year, from $1.55M to $2.28M.
What is the long-term trend for Lincoln Electric Holdings's international welding — restructuring settlement and impairment provisions?
Over 4 years (2021 to 2025), Lincoln Electric Holdings's international welding — restructuring settlement and impairment provisions has grown at a -7.1% compound annual growth rate (CAGR), from $9.8M to $7.29M.
What does international welding — restructuring settlement and impairment provisions mean?
This metric captures the costs associated with reorganizing the International Welding segment, including severance, facility closures, and the impairment of assets that no longer provide expected value. It highlights the financial impact of strategic shifts or operational downsizing. Investors monitor this to gauge the cost of business transformation.

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