Lincoln Electric Holdings LECO Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 36%-0.2pp | 36.2%-0.4pp | 36.6%+0.2pp | 36.4%-0.1pp | 36.5%-0.3pp | |
| Operating margin | 17%0.0pp | 17%-0.1pp | 17%+0.4pp | 16.6%+0.8pp | 15.8%-0.1pp | |
| Net margin | 12.4%+0.1pp | 12.3%-0.3pp | 12.6%+0.3pp | 12.3%+0.8pp | 11.4%-0.2pp | |
| Efficiency | ||||||
| Asset turnover | 1.2×0.0× | 1.2×0.0× | 1.1×0.0× | 1.1×0.0× | 1.2×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.8×0.0× | 1.8×+0.1× | 1.7×0.0× | 1.7×-0.1× | 1.8×-0.1× | |
| Leverage | ||||||
| Net debt / EBITDA | 1.3×0.0× | 1.3×0.0× | 1.2×-0.1× | 1.3×0.0× | 1.3×+0.1× | |
| Valuation | ||||||
| Market capitalization | $13.66B+3.6% | $13.19B+1.3% | $13.01B+13.1% | $11.51B+8.6% | $10.6B+0.2% | |
| Price / earnings | 25.4×0.0× | 25.3×+0.5× | 24.8×+1.9× | 22.9×-0.1× | 23×+0.3× | |
| Price / sales | 3.1×0.0× | 3.1×0.0× | 3.1×+0.3× | 2.8×+0.2× | 2.6×0.0× | |
| EV / EBITDA | 17.5×+0.1× | 17.4×0.0× | 17.4×+1.2× | 16.2×+0.3× | 15.8×+0.1× | |
| Dividend yield | 1.2%0.0pp | 1.3%0.0pp | 1.3%-0.2pp | 1.4%-0.1pp | 1.5%0.0pp |
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.
