Lincoln Electric Holdings LECO Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 36%-0.4pp | 36.2%-0.5pp | 36.6%+0.1pp | 36.4%0.0pp | 36.5%+0.7pp | |
| Operating margin | 17%+1.2pp | 17%+1.1pp | 17%+0.6pp | 16.6%-0.3pp | 15.8%-1.6pp | |
| Net margin | 12.4%+0.9pp | 12.3%+0.7pp | 12.6%+0.6pp | 12.3%-0.2pp | 11.4%-1.8pp | |
| Efficiency | ||||||
| Asset turnover | 1.2×0.0× | 1.2×0.0× | 1.1×0.0× | 1.1×-0.1× | 1.2×-0.1× | |
| Liquidity | ||||||
| Current ratio | 1.8×0.0× | 1.8×-0.1× | 1.7×-0.1× | 1.7×-0.4× | 1.8×-0.5× | |
| Leverage | ||||||
| Net debt / EBITDA | 1.3×0.0× | 1.3×+0.1× | 1.2×0.0× | 1.3×+0.2× | 1.3×+0.3× | |
| Valuation | ||||||
| Market capitalization | $13.66B+28.8% | $13.19B+24.7% | $13.01B+19.3% | $11.51B+7.3% | $10.6B-27.0% | |
| Price / earnings | 25.4×+2.4× | 25.3×+2.6× | 24.8×+2.2× | 22.9×+1.9× | 23×-3.6× | |
| Price / sales | 3.1×+0.5× | 3.1×+0.5× | 3.1×+0.4× | 2.8×+0.2× | 2.6×-0.9× | |
| EV / EBITDA | 17.5×+1.7× | 17.4×+1.7× | 17.4×+1.6× | 16.2×+1.2× | 15.8×-3.2× | |
| Dividend yield | 1.2%-0.3pp | 1.3%-0.3pp | 1.3%-0.2pp | 1.4%0.0pp | 1.5%+0.5pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Lincoln Electric Holdings's profit margins?
- Lincoln Electric Holdings (LECO) runs a 36.0% gross margin and a 17.0% operating margin, with a 12.4% net margin.
- Where do Lincoln Electric Holdings's ratios come from?
- Every ratio is computed from Lincoln Electric Holdings's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
