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Industrials - Manufacturing - Tools & Accessories - NASDAQ - US
$ 168.72
-1.92 %
$ 9.45 B
Market Cap
20.73
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one LECO stock under the worst case scenario is HIDDEN Compared to the current market price of 169 USD, Lincoln Electric Holdings, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one LECO stock under the base case scenario is HIDDEN Compared to the current market price of 169 USD, Lincoln Electric Holdings, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one LECO stock under the best case scenario is HIDDEN Compared to the current market price of 169 USD, Lincoln Electric Holdings, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart LECO

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$220.0$220.0$215.0$215.0$210.0$210.0$205.0$205.0$200.0$200.0$195.0$195.0$190.0$190.0$185.0$185.0$180.0$180.0$175.0$175.0$170.0$170.0$165.0$165.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
4.01 B REVENUE
-4.37%
636 M OPERATING INCOME
-11.34%
466 M NET INCOME
-14.51%
599 M OPERATING CASH FLOW
-10.27%
-361 M INVESTING CASH FLOW
-383.39%
-245 M FINANCING CASH FLOW
40.68%
1.02 B REVENUE
3.89%
177 M OPERATING INCOME
21.61%
140 M NET INCOME
39.18%
95.8 M OPERATING CASH FLOW
-51.91%
-25.9 M INVESTING CASH FLOW
80.78%
-92.3 M FINANCING CASH FLOW
-139.59%
Balance Sheet Lincoln Electric Holdings, Inc.
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Current Assets 1.65 B
Cash & Short-Term Investments 377 M
Receivables 482 M
Other Current Assets 786 M
Non-Current Assets 1.87 B
Long-Term Investments 0
PP&E 619 M
Other Non-Current Assets 1.26 B
10.72 %13.69 %22.33 %17.59 %35.67 %Total Assets$3.5b
Current Liabilities 879 M
Accounts Payable 297 M
Short-Term Debt 111 M
Other Current Liabilities 472 M
Non-Current Liabilities 1.31 B
Long-Term Debt 0
Other Non-Current Liabilities 1.31 B
13.53 %5.04 %21.51 %59.92 %Total Liabilities$2.2b
EFFICIENCY
Earnings Waterfall Lincoln Electric Holdings, Inc.
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Revenue 4.01 B
Cost Of Revenue 2.54 B
Gross Profit 1.47 B
Operating Expenses 836 M
Operating Income 636 M
Other Expenses 170 M
Net Income 466 M
5b5b4b4b4b4b3b3b3b3b2b2b2b2b1b1b500m500m004b(3b)1b(836m)636m(170m)466mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
36.74% GROSS MARGIN
36.74%
15.88% OPERATING MARGIN
15.88%
11.63% NET MARGIN
11.63%
35.11% ROE
35.11%
13.24% ROA
13.24%
18.14% ROIC
18.14%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Lincoln Electric Holdings, Inc.
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600m600m500m500m400m400m300m300m200m200m100m100m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 466 M
Depreciation & Amortization 88.2 M
Capital Expenditures -117 M
Stock-Based Compensation 24.1 M
Change in Working Capital 43 M
Others -30.4 M
Free Cash Flow 482 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Lincoln Electric Holdings, Inc.
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Wall Street analysts predict an average 1-year price target for LECO of $227 , with forecasts ranging from a low of $185 to a high of $265 .
LECO Lowest Price Target Wall Street Target
185 USD 9.65%
LECO Average Price Target Wall Street Target
227 USD 34.63%
LECO Highest Price Target Wall Street Target
265 USD 57.06%
Price
Max Price Target
Min Price Target
Average Price Target
270270260260250250240240230230220220210210200200190190180180170170160160May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.38% DIVIDEND YIELD
0.75 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
3.003.002.502.502.002.001.501.501.001.000.500.500.000.000.290.320.350.390.470.490.510.560.640.710.750.290.320.350.390.470.490.510.560.640.710.290.320.350.390.470.490.510.560.640.710.321.190.351.310.391.440.471.640.491.900.511.980.562.090.642.320.712.630.752.880.752015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 7
6. Ownership
Insider Ownership Lincoln Electric Holdings, Inc.
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Sold
0-3 MONTHS
8.18 M USD 3
3-6 MONTHS
306 K USD 1
6-9 MONTHS
194 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Ethisphere Names Lincoln Electric as One of the 2025 World's Most Ethical Companies® for the Seventh Time CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings Inc., (NASDAQ: LECO) is pleased to announce that it has received the 2025 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Lincoln Electric has been recognized seven times and is one of 12 honorees in the Industrial Manufacturing category. In 2025, 136 honorees were recognized spanning 19 countries and 44 industries. “We are honored to be recogni. businesswire.com - 1 month ago
Top 50 High-Quality Dividend Stocks For March 2025 I track 50 high-quality dividend stocks, updating their valuations daily to identify Strong Buy, Buy, Hold, and Trim opportunities based on historical free cash flow trends. Today, I will highlight 9 new stocks from the list that appear to be attractively positioned. I will present 3 unique valuations for each of these stocks. seekingalpha.com - 1 month ago
Lincoln Electric Announces Retirement of Michele Kuhrt, Executive Vice President and Chief Transformation Officer CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) announced today that Michele Kuhrt, Executive Vice President, Chief Transformation Officer is retiring effective August 31, 2025. Ms. Kuhrt joined Lincoln Electric in 1997 and over her nearly 30-year career at Lincoln Electric, has held numerous executive leadership positions, including Chief Information Officer and Chief Human Resources Officer. Since 2024, she has held the position as Executive Vice Pre. businesswire.com - 1 month ago
Lincoln Electric Elects N. Joy Falotico to Its Board of Directors CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced that N. Joy Falotico, former President of The Lincoln Motor Company, a division of Ford Motor Company (NYSE: F), has been elected to Lincoln Electric's Board of Directors, effective February 19, 2025. She will serve as a member of the Audit and the Nominating and Corporate Governance Committees. Ms. Falotico's appointment expands Lincoln Electric's Board to 12 directors, 11 of whom are independent, non-e. businesswire.com - 1 month ago
Lincoln Electric Board Declares Dividend CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.75 per common share, payable April 15, 2025, to shareholders of record as of March 31, 2025. Business Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global p. businesswire.com - 1 month ago
Lincoln Electric Q4 Earnings Top Estimates, Revenues Dip 3% Y/Y LECO's Q4 top line reflects the impacts of a decrease in organic sales and unfavorable foreign exchange, partially offset by acquisitions. zacks.com - 2 months ago
Lincoln Electric Holdings, Inc. (LECO) Q4 2024 Earnings Call Transcript Lincoln Electric Holdings, Inc. (NASDAQ:LECO ) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Company Participants Amanda Butler - VP of IR and Communications Steve Hedlund - Chair and CEO Gabe Bruno - CFO Conference Call Participants Stefan Diaz - Morgan Stanley Joe Grabowski - Baird Nathan Jones - Stifel Walt Liptak - Seaport Research Partners Steve Barger - KeyBanc Capital Markets Chris Dankert - Loop Capital Operator Greetings, and welcome to the Lincoln Electric 2024 Fourth Quarter Financial Results Conference Call. All lines have been placed on mute to prevent any background noise and this call is being recorded. seekingalpha.com - 2 months ago
Lincoln Electric Revenue Beats Forecasts Lincoln Electric (LECO 11.78%), a provider of welding equipment and automation solutions, recently released its earnings for the fourth quarter of 2024 on Feb. 13, 2025. Key highlights included an adjusted earnings per share (EPS) of $2.57, significantly outpacing the analyst consensus of $1.99. fool.com - 2 months ago
Lincoln Electric (LECO) Reports Q4 Earnings: What Key Metrics Have to Say The headline numbers for Lincoln Electric (LECO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 months ago
Lincoln Electric Holdings (LECO) Q4 Earnings and Revenues Surpass Estimates Lincoln Electric Holdings (LECO) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2 per share. This compares to earnings of $2.45 per share a year ago. zacks.com - 2 months ago
Lincoln Electric Reports Fourth Quarter and Full Year 2024 Results CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported fourth quarter 2024 net income of $140.2 million, or diluted earnings per share (EPS) of $2.47, which included special item after-tax net charges of $5.8 million, or $0.10 EPS. This compares with prior year period net income of $156.6 million, or $2.70 EPS, which included special item after-tax net gains of $14.6 million, or $0.25 EPS. Excluding special items, fourth quarter 2024 adjusted n. businesswire.com - 2 months ago
Lincoln Electric to Present at the Barclays 42nd Annual Industrials Select Conference CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Gabriel Bruno, Executive Vice President and Chief Financial Officer, will speak at the Barclays 42nd Annual Industrials Select Conference being held in Miami on Thursday, February 20, 2025, at 10:25 a.m. Eastern Time. The presentation will be webcast and can be accessed on our Investor Relations web site at https://ir.lincolnelectric.com. A replay will also be accessible on our Investor Relations web. businesswire.com - 2 months ago
8. Profile Summary

Lincoln Electric Holdings, Inc. LECO

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COUNTRY US
INDUSTRY Manufacturing - Tools & Accessories
MARKET CAP $ 9.45 B
Dividend Yield 0.38%
Description 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.
Contact 22801 St. Clair Avenue, Cleveland, OH, 44117 https://www.lincolnelectric.com
IPO Date April 7, 1994
Employees 12000
Officers Mr. Geoffrey P. Allman Senior Vice President of Acquisition Integration Ms. Jennifer I. Ansberry J.D. Executive Vice President, General Counsel & Secretary Mr. Michael J. Whitehead Senior Vice President & President of Americas Welding Ms. Lisa A. Dietrich Executive Vice President & Chief Digital Information Officer Ms. Michele R. Kuhrt Executive Vice President & Chief Transformation Officer Mr. Steven B. Hedlund President, Chief Executive Officer & Chairman Ms. Susan C. Edwards Executive Vice President & Chief Human Resources Officer Mr. Gregory D. Doria Senior Vice President and President of Harris Products Group & Asia Pacific Welding Mr. Gabriel Bruno Executive Vice President, Chief Financial Officer & Treasurer Ms. Amanda H. Butler Vice President of Investor Relations & Communications