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.

Lincoln Electric Holdings LECO Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM 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
EBITDA margin	19.3%0.0pp	19.3%0.0pp	19.3%+0.4pp	18.9%+0.8pp	18%-0.1pp
Free cash flow margin	10.1%-2.5pp	12.6%-0.5pp	13.1%+0.8pp	12.3%-0.9pp	13.2%+1.2pp
Returns
Return on assets	14.3%0.0pp	14.3%+0.2pp	14%0.0pp	14.1%+0.9pp	13.2%-0.3pp
Efficiency
Asset turnover	1.2×0.0×	1.2×0.0×	1.1×0.0×	1.1×0.0×	1.2×0.0×
Inventory turnover	4.4×-0.2×	4.6×+0.5×	4.1×-0.2×	4.3×-0.2×	4.5×-0.1×
Liquidity
Current ratio	1.8×0.0×	1.8×+0.1×	1.7×0.0×	1.7×-0.1×	1.8×-0.1×
Quick ratio	1.1×0.0×	1.2×+0.1×	1.1×0.0×	1.1×-0.1×	1.2×-0.1×
Cash ratio	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×-0.1×	0.4×0.0×
Leverage
Debt-to-assets	0.3×0.0×	0.4×0.0×	0.3×0.0×	0.4×0.0×	0.4×0.0×
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%
Enterprise value	$14.72B+3.5%	$14.23B+1.5%	$14.02B+12.0%	$12.52B+8.7%	$11.52B+0.9%
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×
EV / sales	3.4×0.0×	3.4×0.0×	3.4×+0.3×	3.1×+0.2×	2.9×0.0×
Free cash flow yield	3.2%-0.8pp	4.1%-0.1pp	4.2%-0.2pp	4.4%-0.7pp	5%+0.5pp
Earnings yield	3.9%0.0pp	3.9%-0.1pp	4%-0.3pp	4.4%0.0pp	4.4%-0.1pp
Dividend yield	1.2%0.0pp	1.3%0.0pp	1.3%-0.2pp	1.4%-0.1pp	1.5%0.0pp

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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.