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Net margin at other companies

Illinois Tool Works logo
Illinois Tool WorksITW
19.3%-2.1pp
Dover logo
DoverDOV
13.3%-16.4pp
Wesco International logo
Wesco InternationalWCC
2.8%-0.5pp
Woodward logo
WoodwardWWD
12.9%+1.5pp
United Rentals logo
United RentalsURI
15.3%-1.1pp
Barnes Group logo
Barnes GroupB
-2.5%-4.3pp

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

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.

Based on trailing twelve months.

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 margin?
Lincoln Electric Holdings (LECO) reported net margin of 12.4% in Q1 2026.
How has Lincoln Electric Holdings's net margin changed year-over-year?
Lincoln Electric Holdings's net margin increased by 8.2% year-over-year, from 11.4% to 12.4%.
What is the long-term trend for Lincoln Electric Holdings's net margin?
Over 4 years (2021 to 2025), Lincoln Electric Holdings's net margin has grown at a 8.2% compound annual growth rate (CAGR), from 35.5% to 48.6%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.