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Lincoln Electric Holdings LECO International Welding — Special Items Charge Gain

Other segment segments

Americas Welding
-$1.01M-212%
Harris Products Group
-$187K-317%

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JBLUSpecial items
$0-100%
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FSpecial Items, Expense
$4.18B+221%
Alaska Air Group logo
ALKRegional — Special items - operating
$0
Alaska Air Group logo
ALKNon-cash special items
$0-100%
ALG
ALGTSpecial charges
$31.91M-63.4%
McCormick & Company, Incorporated logo
MKCSpecial charges
$525K

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 leco:SpecialItemsChargeGain.

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
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$226,943
Other Segment Information
Capital expenditures$(21,958)$(6,370)$(3,109)$(31,437)
Depreciation and amortization17,8686,6712,59027,129

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Lincoln Electric Holdings's international welding — special items charge gain?
Lincoln Electric Holdings (LECO) reported international welding — special items charge gain of -$2.28M in Q2 2026.
How has Lincoln Electric Holdings's international welding — special items charge gain changed year-over-year?
Lincoln Electric Holdings's international welding — special items charge gain decreased by 247.1% year-over-year, from $1.55M to -$2.28M.
What is the long-term trend for Lincoln Electric Holdings's international welding — special items charge gain?
Over 4 years (2021 to 2025), Lincoln Electric Holdings's international welding — special items charge gain has grown at a -22.4% compound annual growth rate (CAGR), from $15.23M to -$5.52M.
What does international welding — special items charge gain mean?
This reflects non-recurring or unusual financial impacts within the International Welding segment, such as litigation settlements, asset write-downs, or one-time gains. These items are typically excluded from core operating performance metrics to provide a clearer view of recurring business trends. Investors use this to identify volatility caused by extraordinary events.

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