Lincoln Electric Holdings LECO Operating margin

Operating margin at other companies

Illinois Tool WorksITW

26.5%+0.5pp

ESABESAB

12.1%-3.9pp

Mayville EngineeringMEC

-2.2%-8.0pp

Wesco InternationalWCC

5.3%-0.2pp

Applied Industrial TechnologiesAIT

10.9%-0.3pp

Park-Ohio HoldingsPKOH

4.3%-0.5pp

FAQ

What is Lincoln Electric Holdings's operating margin?

Lincoln Electric Holdings (LECO) reported operating margin of 17.1% in Q2 2026.

How has Lincoln Electric Holdings's operating margin changed year-over-year?

Lincoln Electric Holdings's operating margin increased by 3.3% year-over-year, from 16.6% to 17.1%.

What is the long-term trend for Lincoln Electric Holdings's operating margin?

Over 5 years (2020 to 2025), Lincoln Electric Holdings's operating margin has grown at a 9.8% compound annual growth rate (CAGR), from 10.6% to 17%.

What does operating margin mean?

Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.