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Discontinued — last reported Q1 '26

Net debt at other companies

LPL Financial Holdings logo
LPL Financial HoldingsLPLA
$7.18B+26.3%
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Ready CapitalRC
$536.97M-34.3%
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UnumUNM
$3.76B+0.5%
Unum logo
UnumUNM
2.7×+0.9×
FTAI Aviation Ltd. logo
FTAI Aviation Ltd.FTAI
$2.5B+53.8%
Cigna logo
CignaCI
-$13M+98.5%

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.

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 net debt?
Lincoln Electric Holdings (LECO) reported net debt of $1.07B in Q1 2026.
How has Lincoln Electric Holdings's net debt changed year-over-year?
Lincoln Electric Holdings's net debt increased by 16.2% year-over-year, from $917.67M to $1.07B.
What is the long-term trend for Lincoln Electric Holdings's net debt?
Over 5 years (2020 to 2025), Lincoln Electric Holdings's net debt has grown at a 15.5% compound annual growth rate (CAGR), from $506.29M to $1.04B.
What does net debt mean?
Debt left over after using all the company's cash to pay it down.
How do you interpret net debt?
A negative value means net cash — more cash than debt, a position of strength. The numerator of net-debt/EBITDA, the most common leverage yardstick.
How does net debt compare across companies?
Most informative as net-debt/EBITDA; cash-rich balance sheets can show large total debt yet little or negative net debt.