Lincoln Electric Holdings, Inc.

Lincoln Electric Holdings, Inc.

LECOยทNASDAQ

$262.82

+3.4%
IndustrialsManufacturing - Tools & Accessories

Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers welding products, including arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products. The company's product offering also includes computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, it is involved in the retail business in the United States. Further, the company manufactures copper and aluminum headers, distributor assemblies, and manifolds for the heating, ventilation, and air conditioning sector in the United States and Mexico. The company serves general fabrication, energy and process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. It sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. The company was founded in 1895 and is headquartered in Cleveland, Ohio.

At a Glance

Live Snapshot
Market Cap$14.40B
EPS9.3900
P/E Ratio27.99
Earnings Date07/30/2026
3Y+72.0%
5Y+88.0%
10Y+118.0%
3Y-49.0%
5Y+423.0%
10Y+61.0%
3Y-445.0%
5Y+88.0%
10Y+635.0%
LECO

Lincoln Electric Holdings, Inc. Cash Conversion Engine

LECO ยท NASDAQ
Net Income520.53M
Depreciation & Amortization98.55M
Stock-Based Compensation0.00
Change in Working Capital-65.51M
Others24.86M
Capital Expenditures-126.97M
Free Cash Flow534.20M

Cash Flow Quality Analysis

FCF Conversion Rate

102.6%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

19.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+10.7%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$65.51M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Lincoln Electric Holdings, Inc. Cash Flow Statement

LECO โ€ข NASDAQ

Lincoln Electric Holdings, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
520.5M
466.1M
545.2M
472.2M
276.6M
206.1M
293.1M
287.1M
247.5M
198.4M
127.5M
254.7M
293.8M
257.4M
217M
130.2M
48.6M
212.3M
202.7M
175M
98.5M
88.2M
86.7M
78.1M
81.1M
80.5M
81.5M
72.3M
68.1M
65.1M
64M
69.6M
68.9M
65.3M
62.1M
57.4M
56.6M
56.9M
51.5M
45.7M
82.7M
-40.3M
-20.9M
-48.2M
-28.6M
-2.9M
13M
399K
28.6M
-9.8M
-55.7M
17.9M
17.8M
-2.1M
15.1M
4.4M
-7.1M
7.4M
-3.7M
4.3M
0.0
24.1M
26.2M
25.3M
23.8M
15.4M
16.6M
18.6M
12.7M
10.3M
7.9M
8.4M
9.7M
9M
6.6M
8.2M
5.4M
4.7M
4.7M
0.0
24.9M
17.9M
-48.9M
20.1M
108M
11.5M
-13.7M
-15.5M
-40.6M
21.5M
115.9M
21.3M
-54.3M
35.5M
20.9M
14.3M
36.8M
616K
-7.9M
5.5M
-65.5M
43M
79.2M
-164M
-95.9M
40.9M
12.7M
-33.7M
18.5M
17.9M
51.3M
29.8M
3M
-37.5M
-128.2M
-57.6M
110M
-24.5M
2.5M
-100.9M
661.2M
599M
667.5M
383.4M
365.1M
351.4M
403.2M
329.2M
334.8M
303.4M
310.9M
401.7M
338.9M
327.5M
193.5M
157M
250.4M
257.4M
249.8M
118.7M
INVESTING ACTIVITIES
-127M
-116.6M
-91M
-71.9M
-62.5M
-59.2M
-69.6M
-71.2M
-61.7M
-49.9M
-50.5M
-73M
-76M
-52.7M
-65.8M
-60.6M
-38.2M
-72.4M
-61.6M
-76M
-137.5M
-252.7M
-32.7M
-436.3M
-156.1M
(7.7M)
-134.7M
-101.8M
-72.5M
-71.6M
-37.1M
-24.2M
-53.2M
-134.6M
-66.2M
-18.9M
-25.4M
-44M
-18.8M
-25.5M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-268.3M
-195.6M
-38.9M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-488K
(0.0)
(0.0)
(0.0)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
447.5M
55.3M
1.1M
0.0
0.0
0.0
0.0
0.0
0.0
38.2M
0.0
0.0
0.0
7.2M
8.1M
48.9M
3.5M
13.3M
2.3M
11.5M
14.8M
2.3M
-709K
2.2M
18.2M
-324K
-154K
1.2M
10M
-37.6M
662K
701K
11.8M
-257.3M
-361.2M
-74.7M
-504.7M
-205.4M
-49.2M
-192.8M
(20.8M)
-272M
-159.9M
-85.4M
-79M
-129.5M
-187.5M
-130.8M
-69.4M
-63.6M
-115.8M
-79.7M
-89.7M
FINANCING ACTIVITIES
-326.7M
-236.3M
-176.4M
-174.9M
-145.3M
-96.3M
-278.3M
-197M
-26.5M
-317M
-393.5M
-298.1M
-147.6M
-62.2M
-25.6M
-36.2M
362K
-35.1M
-6.8M
13.5M
33.1M
157.8M
-88M
439.8M
46M
-31.8M
24.3M
-942K
-496K
351.3M
316.6M
53.3M
-1.8M
-89.3M
7.9M
-27.2M
-43.8M
6.4M
-37.3M
-4.2M
-168.2M
-162.1M
-148M
-130.7M
-121.9M
-118.1M
-117.9M
-102.1M
-92.5M
-87.3M
-87M
-73.3M
-49.3M
-73.1M
-51.9M
-47.4M
-45.8M
-42.8M
-37.7M
-32.3M
-338.3M
-263.8M
-198.8M
-181.3M
-164.5M
-113.5M
-292.7M
-201.7M
-43.2M
-342M
-399.5M
-307.2M
-167.9M
-81M
-37M
-39.7M
-343K
-42.3M
-15.5M
-126K
0.0
-3.9M
0.0
-438K
-763K
0.0
0.0
-2.2M
-15.6M
-9.9M
-6M
3.6M
4.5M
7.8M
6.3M
1.2M
195K
3.7M
4.3M
5.2M
-461.9M
-244.6M
-412.4M
133.7M
-221.9M
-246.1M
-371.9M
-302.1M
-135M
-62.9M
-169.9M
-314.4M
-194.2M
-216.8M
-63.4M
-109.5M
-89.1M
-67.7M
-77.6M
-17.7M
CASH FLOW SUMMARY
-10.4M
-9.6M
16.2M
-8.2M
-2.1M
1.7M
2.3M
-15.7M
19.7M
-5.6M
-29.8M
-29.8M
-1.8M
2.2M
-4.4M
-14K
6.1M
-7M
4.6M
969K
-68.5M
-16.5M
196.6M
4.2M
-64.3M
57.7M
-159.3M
32.1M
-52.5M
75M
25.8M
-21.4M
13.4M
-74.6M
-5.1M
-21.9M
103.8M
67M
97.2M
12.2M
377.3M
393.8M
197.2M
193M
257.3M
199.6M
358.8M
326.7M
379.2M
304.2M
278.4M
299.8M
286.5M
361.1M
366.2M
388.1M
284.3M
217.4M
120.2M
108M
308.8M
377.3M
393.8M
197.2M
193M
257.3M
199.6M
358.8M
326.7M
379.2M
304.2M
278.4M
299.8M
286.5M
361.1M
366.2M
388.1M
284.3M
217.4M
120.2M
534.2M
482.4M
576.6M
311.5M
302.5M
292.2M
333.6M
257.9M
273.2M
253.5M
260.4M
328.7M
262.9M
274.8M
127.7M
96.4M
212.1M
185M
188.2M
42.7M

SEC Filings

LECO - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

April 30, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 30, 2026
April 30, 2026
2026
8-K

8-K 2026

N/A

April 21, 2026
April 17, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 19, 2026
April 17, 2026
2026
10-K

10-K 2025 FY

FY

February 25, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 12, 2026
February 12, 2026
2026
8-K

8-K 2025

N/A

October 30, 2025
October 30, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 30, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 20, 2025
October 15, 2025
2025
8-K

8-K 2025

N/A

July 31, 2025
July 31, 2025
2025
Showing 1 to 10 of 364 filings