Lincoln Electric Holdings LECO Return on invested capital

Return on invested capital at other companies

ESABESAB

7.3%-4.8pp

Mayville EngineeringMEC

-4.1%-12.8pp

Wesco InternationalWCC

9.1%+0.1pp

Applied Industrial TechnologiesAIT

19.8%0.0pp

Park-Ohio HoldingsPKOH

6.7%-0.2pp

Mueller IndustriesMLI

39%+2.4pp

FAQ

What is Lincoln Electric Holdings's return on invested capital?

Lincoln Electric Holdings (LECO) reported return on invested capital of 28.5% in Q3 2023.

How has Lincoln Electric Holdings's return on invested capital changed year-over-year?

Lincoln Electric Holdings's return on invested capital decreased by 8.6% year-over-year, from 31.2% to 28.5%.

What is the long-term trend for Lincoln Electric Holdings's return on invested capital?

Over 2 years (2020 to 2022), Lincoln Electric Holdings's return on invested capital has grown at a 29.8% compound annual growth rate (CAGR), from 16.2% to 27.4%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.