Lincoln Electric Holdings LECO Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 145.3%-0.7pp | 145.7%+0.4pp | 146.2%+2.6pp | 146.1%+4.5pp | 146%+6.9pp | |
| Operating margin | 67.6%+2.7pp | 66.3%-0.2pp | 65.3%-2.5pp | 64.6%-2.8pp | 64.9%-1.5pp | |
| Net margin | 49.5%+2.0pp | 48.6%-0.7pp | 47.9%-2.7pp | 47.3%-3.7pp | 47.5%-3.0pp | |
| Efficiency | ||||||
| Asset turnover | 4.6×-0.1× | 4.6×-0.2× | 4.6×-0.3× | 4.6×-0.5× | 4.7×-0.5× | |
| Liquidity | ||||||
| Current ratio | 7×-0.5× | 7×-1.0× | 7.1×-1.3× | 7.2×-1.4× | 7.6×-1.0× | |
| Leverage | ||||||
| Net debt / EBITDA | 5.1×+0.3× | 5.1×+0.6× | 5×+0.7× | 4.9×+0.8× | 4.8×+0.4× | |
| Valuation | ||||||
| Market capitalization | $51.36B+20.0% | $48.31B+3.4% | $45.7B-5.9% | $43.59B-9.3% | $42.81B-12.2% | |
| Price / earnings | 98.4×+9.1× | 96×+3.1× | 93.4×+0.4× | 91.2×-0.1× | 89.3×-4.8× | |
| Price / sales | 12.2×+1.6× | 11.7×+0.2× | 11.2×-0.6× | 10.8×-0.9× | 10.6×-1.3× | |
| EV / EBITDA | 68.5×+6.2× | 66.8×+1.3× | 65.2×-1.0× | 63.5×-2.0× | 62.3×-5.7× | |
| Dividend yield | 5.2%-0.7pp | 5.5%+0.1pp | 5.8%+0.7pp | 6%+0.9pp | 6%+1.1pp |
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.
