lincoln electric holdings inc. - LECO

LECO

Close Chg Chg %
194.14 0.18 0.09%

Open Market

194.32

+0.18 (0.09%)

Volume: 455.79K

Last Updated:

Jan 17, 2025, 4:00 PM EDT

Company Overview: lincoln electric holdings inc. - LECO

LECO Key Data

Open

$195.70

Day Range

193.19 - 196.30

52 Week Range

169.51 - 261.13

Market Cap

$10.95B

Shares Outstanding

56.43M

Public Float

53.88M

Beta

1.20

Rev. Per Employee

N/A

P/E Ratio

23.15

EPS

$8.49

Yield

148.35%

Dividend

$0.75

EX-DIVIDEND DATE

Dec 31, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

312.77K

 

LECO Performance

1 Week
 
7.65%
 
1 Month
 
2.41%
 
3 Months
 
-4.32%
 
1 Year
 
-11.96%
 
5 Years
 
100.68%
 

LECO Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 12
Full Ratings ➔

About lincoln electric holdings inc. - LECO

Lincoln Electric Holdings, Inc. engages in the manufacture of arc welding equipment, consumable welding products, and other welding and cutting products. It operates through the following segments: Americas Welding, International Welding, and The Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment primarily deals with welding operations in Europe, Africa, Asia, and Australia. The Harris Products Group segment refers to the company's global cutting, soldering, and brazing businesses as well as the retail business in the United States. The company was founded by John C. Lincoln and James F. Lincoln on December 5, 1895 and is headquartered in Cleveland, OH.

LECO At a Glance

Lincoln Electric Holdings, Inc.
22801 St. Claire Avenue
Cleveland, Ohio 44117-1199
Phone 1-216-481-8100 Revenue 4.19B
Industry Industrial Machinery Net Income 545.25M
Sector Producer Manufacturing 2023 Sales Growth 11.334%
Fiscal Year-end 12 / 2024 Employees 12,000
View SEC Filings

LECO Valuation

P/E Current 23.154
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 23.22
Price to Sales Ratio 3.024
Price to Book Ratio 9.466
Price to Cash Flow Ratio 18.966
Enterprise Value to EBITDA 17.176
Enterprise Value to Sales 3.207
Total Debt to Enterprise Value 0.086

LECO Efficiency

Revenue/Employee 348,868.833
Income Per Employee 45,437.333
Receivables Turnover 7.21
Total Asset Turnover 1.277

LECO Liquidity

Current Ratio 2.244
Quick Ratio 1.498
Cash Ratio 0.522

LECO Profitability

Gross Margin 35.154
Operating Margin 16.603
Pretax Margin 16.407
Net Margin 13.024
Return on Assets 16.629
Return on Equity 46.543
Return on Total Capital 22.086
Return on Invested Capital 23.534

LECO Capital Structure

Total Debt to Total Equity 88.619
Total Debt to Total Capital 46.983
Total Debt to Total Assets 34.344
Long-Term Debt to Equity 87.431
Long-Term Debt to Total Capital 46.353
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Lincoln Electric Holdings Inc. - LECO

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
2.66B 3.23B 3.76B 4.19B
Sales Growth
-11.49% +21.62% +16.35% +11.33%
Cost of Goods Sold (COGS) incl D&A
1.78B 2.16B 2.48B 2.71B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
80.49M 81.15M 78.06M 86.67M
Depreciation
60.13M 59.99M 56.15M 60.69M
Amortization of Intangibles
20.36M 21.16M 21.91M 25.98M
COGS Growth
-10.54% +21.16% +14.85% +9.42%
Gross Income
874.32M 1.07B 1.28B 1.47B
Gross Income Growth
-13.36% +22.56% +19.37% +15.05%
Gross Profit Margin
+32.90% +33.16% +34.02% +35.15%
2020 2021 2022 2023 5-year trend
SG&A Expense
542.73M 604.23M 659.07M 776.64M
Research & Development
51.41M 55.97M 63.21M 71.23M
Other SG&A
491.32M 548.26M 595.86M 705.41M
SGA Growth
-15.42% +11.33% +9.08% +17.84%
Other Operating Expense
- - - -
-
Unusual Expense
43.11M 9.85M 14.09M (15.05M)
EBIT after Unusual Expense
288.47M 457.53M 606.00M 710.11M
Non Operating Income/Expense
(474.00K) (108.75M) 17.93M 27.89M
Non-Operating Interest Income
1.99M 1.57M 1.61M 6.76M
Equity in Earnings of Affiliates
408.00K 499.00K (153.00K) 556.00K
Interest Expense
23.96M 23.78M 31.11M 51.13M
Interest Expense Growth
-7.64% -0.74% +30.81% +64.38%
Gross Interest Expense
23.96M 23.78M 31.11M 51.13M
Interest Capitalized
- - - -
-
Pretax Income
264.04M 325.00M 592.83M 686.87M
Pretax Income Growth
-28.35% +23.09% +82.41% +15.86%
Pretax Margin
+9.94% +10.06% +15.77% +16.41%
Income Tax
57.90M 48.42M 120.60M 141.62M
Income Tax - Current - Domestic
38.86M 33.71M 113.40M 119.65M
Income Tax - Current - Foreign
18.02M 44.83M 55.66M 45.83M
Income Tax - Deferred - Domestic
(2.18M) (25.64M) (45.18M) (16.34M)
Income Tax - Deferred - Foreign
3.20M (4.49M) (3.28M) (7.51M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
408.00K 499.00K (153.00K) 556.00K
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
206.14M 276.58M 472.22M 545.25M
Minority Interest Expense
- - 29.00K 114.00K
-
Net Income
206.12M 276.47M 472.22M 545.25M
Net Income Growth
-29.68% +34.13% +70.81% +15.46%
Net Margin Growth
+7.76% +8.55% +12.56% +13.02%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
206.12M 276.47M 472.22M 545.25M
Preferred Dividends
- - - -
-
Net Income Available to Common
206.12M 276.47M 472.22M 545.25M
EPS (Basic)
3.4564 4.6614 8.1376 9.5051
EPS (Basic) Growth
-26.94% +34.86% +74.57% +16.80%
Basic Shares Outstanding
59.63M 59.31M 58.03M 57.36M
EPS (Diluted)
3.4211 4.603 8.038 9.3651
EPS (Diluted) Growth
-26.87% +34.55% +74.63% +16.51%
Diluted Shares Outstanding
60.25M 60.06M 58.75M 58.22M
EBITDA
412.08M 548.52M 698.15M 781.73M
EBITDA Growth
-8.22% +33.11% +27.28% +11.97%
EBITDA Margin
+15.51% +16.97% +18.57% +18.67%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 227.75
Number of Ratings 12 Current Quarters Estimate 2.175
FY Report Date 03 / 2025 Current Year's Estimate 9.238
Last Quarter’s Earnings 2.041 Median PE on CY Estimate N/A
Year Ago Earnings 8.719 Next Fiscal Year Estimate 10.064
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 8 8 10 7
Mean Estimate 2.17 2.42 9.24 10.06
High Estimates 2.42 2.57 9.72 10.58
Low Estimate 1.88 2.22 8.69 9.14
Coefficient of Variance 7.80 5.42 3.85 4.83

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 4
OVERWEIGHT 2 2 2
HOLD 5 4 4
UNDERWEIGHT 0 1 1
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Lincoln Electric Holdings Inc. - LECO

Date Name Shares Transaction Value
Oct 4, 2024 Gregory Doria SVP, PRES HARRIS AND ASIA PAC 3,388 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $189.69 per share 642,669.72
Mar 6, 2024 Geoffrey P. Allman SVP, STRATEGY & BUSINESS DEVEL 10,277 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $254.19 per share 2,612,310.63
Mar 6, 2024 Steven Bradford Hedlund PRESIDENT & CEO; Director 51,377 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Michele R. Kuhrt EVP, CHRO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 6, 2024 Michele R. Kuhrt EVP, CHRO 18,639 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $253.89 per share 4,732,255.71
Mar 6, 2024 Michele R. Kuhrt EVP, CHRO 22,593 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $90.7 per share 2,049,185.10
Mar 6, 2024 Michele R. Kuhrt EVP, CHRO 18,639 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $254.19 per share 4,737,847.41
Mar 6, 2024 Michele R. Kuhrt EVP, CHRO 19,868 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Jennifer I. Ansberry EVP, GENERAL COUNSEL & SECY 21,473 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $251.99 per share 5,410,981.27
Mar 6, 2024 Jennifer I. Ansberry EVP, GENERAL COUNSEL & SECY 24,065 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Jennifer I. Ansberry EVP, GENERAL COUNSEL & SECY 22,273 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $254.19 per share 5,661,573.87
Mar 6, 2024 Christopher Lee Mapes EXECUTIVE CHAIRMAN; Director 137,735 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Jennifer I. Ansberry EVP, GENERAL COUNSEL & SECY 20,075 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $253.54 per share 5,089,815.50
Mar 6, 2024 Gabriel Bruno EVP, CFO & TREASURER 26,508 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Steven Bradford Hedlund PRESIDENT & CEO; Director 49,012 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $254.19 per share 12,458,360.28
Mar 6, 2024 Geoffrey P. Allman SVP, STRATEGY & BUSINESS DEVEL 10,876 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Christopher Lee Mapes EXECUTIVE CHAIRMAN; Director 107,267 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $253.72 per share 27,215,783.24
Mar 6, 2024 Christopher Lee Mapes EXECUTIVE CHAIRMAN; Director 114,201 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $252.89 per share 28,880,290.89
Mar 6, 2024 Christopher Lee Mapes EXECUTIVE CHAIRMAN; Director 121,906 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $252.19 per share 30,743,474.14
Mar 6, 2024 Christopher Lee Mapes EXECUTIVE CHAIRMAN; Director 124,706 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $254.19 per share 31,699,018.14

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