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 |
SEC Filings for Lincoln Electric Holdings Inc. - LECO
Filing Date | Type | Category | Amended |
---|---|---|---|
No results |
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 |