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Lincoln Electric Holdings LECO Income Loss Before Interest And Income Taxes Adjusted

Discontinued — last reported Q3 '23

Segments

By segment

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Americas Welding$158.1M+14.6%
Harris Products Group$42.25M+32.5%
International Welding$26.6M-12.9%

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:IncomeLossBeforeInterestAndIncomeTaxesAdjusted.

The source filing: Lincoln Electric Holdings’s 10-Q, filed October 27, 2023.

Filed
Oct 27, 2023
Fiscal quarter
Q3 FY2023
Calendar quarter
Q3 2023
Accession
0000059527-23-000035
Three Months Ended September 30, 2023Americas / WeldingInternational / WeldingThe Harris / Products / GroupCorporate / / EliminationsConsolidated
Net sales$665,228$242,010$125,976$1,033,214
Inter-segment sales28,8754,8962,299(36,070)
Total$694,103$246,906$128,275$(36,070)$1,033,214
Adjusted EBIT$136,476$30,239$20,405$(2,952)$184,168
Special items charge (1)4,0567,87011,926
EBIT$132,420$22,369$20,405$(2,952)$172,242
Interest income1,852
Interest expense(12,661)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Lincoln Electric Holdings's income loss before interest and income taxes adjusted?
Lincoln Electric Holdings (LECO) reported income loss before interest and income taxes adjusted of $184.17M in Q3 2023.

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