Lincoln Electric Inc.
LECO | NASDAQ
$287.62
+$10.70 (+3.86%)
Nov 2, 2026, 1:38 PM ET · Market open
Market Data
Market Cap $15.58B
Enterprise Value $15.92B
Beta 1.22
Average Volume 409.87K
Shares Outstanding (Diluted) 54.87M
Shares Change YoY -1.26%
Institutional Ownership 81.95%
Exchange NASDAQ
ISIN US5339001068
Price Performance
Price Change 1M 4.8%
Price Change 3M 7.4%
Price Change 6M 9.8%
Price Change YTD 20.0%
Price Change 1Y 24.1%
Price Change 3Y 56.4%
Price Change 5Y 103.4%
1M CAGR (ann.) 8.0%
1Y CAGR (ann.) 19.6%
5Y CAGR (ann.) 15.6%
All-Time CAGR 17.6%
Valuation
PE Ratio 26.55
Forward PE 21.53
PEG Ratio 2.23
Forward PEG 1.48
PS Ratio 3.23
Forward PS 3.00
PB Ratio 9.65
P/FCF Ratio 30.84
P/Adj. FCF Ratio 31.75
P/OCF Ratio 23.51
EV/Sales 3.43
EV/EBIT 19.56
EV/EBITDA 17.35
EV/FCF 32.74
Earnings Yield 3.8%
FCF Yield 3.2%
Adj. FCF Yield 3.1%
Financial Health
Net Debt $866.73M
Total Debt $1.21B
Cash & Short-Term Investments $283.24M
Total Assets $3.89B
Current Ratio 1.91
Quick Ratio 1.18
Debt / Equity Ratio 0.78
Debt / EBITDA 1.32
Debt / FCF 2.48
OCF / Debt 0.53
Interest Coverage 15.53
Altman Z-Score 7.67
Piotroski F-Score 8
Margins & Profitability
Gross Profit Margin 35.5%
Operating Profit Margin 17.6%
EBITDA Margin 19.8%
Net Profit Margin 12.4%
FCF Margin 10.5%
Adj. FCF Margin 10.2%
SBC / Revenue 0.3%
SBC Impact (per share) -2.9%
Returns
Return on Assets 14.8%
Return on Equity 37.8%
Return on Invested Capital 21.1%
Return on Capital Employed 27.8%
Return on Tangible Assets 19.1%
Historical Growth (CAGR)
Revenue CAGR 3Y 4.5%
Revenue CAGR 5Y 8.5%
Revenue CAGR 10Y 7.4%
EPS CAGR 3Y 6.9%
EPS CAGR 5Y 18.6%
EPS CAGR 10Y 14.1%
FCF CAGR 3Y -5.2%
FCF CAGR 5Y 8.6%
FCF CAGR 10Y 6.4%
Analyst Forecasts
Analyst Rating Buy
Analyst Count 8
EPS Growth Next 3Y 14.3%
Revenue Growth Next 3Y 7.2%
Earnings Date Feb 11, 2027
EPS Estimate (next Q) $3.09
EPS Growth Est (next Q) 16.6%
Revenue Est (next Q) $1.22B
Revenue Growth Est (next Q) 13.5%
Fair Value Estimates
Graham Number $81.90
Graham Upside -70.4%
Lynch Fair Value $194.31
Lynch Upside -29.8%
Price Target $324.17
Price Target Upside 17.1%
Cash Flow
Operating Cash Flow $641.11M
Free Cash Flow $486.35M
Adj. Free Cash Flow $472.33M
FCF Per Share $8.94
OCF Per Share $11.78
OCF/S Ratio 13.8%
Income Statement
Revenue $4.64B
Gross Profit $1.65B
Operating Income $815.26M
EBITDA $917.84M
Net Income $575.27M
EPS (Diluted) $10.43
Revenue / Employee $386.65K
Profit / Employee $47.94K
Employees 12,000
Dividends
Annual Dividend $3.16
Dividend Yield 1.14%
Payout Ratio 30.3%
FCF Payout Ratio 35.5%
Adj. FCF Payout Ratio 36.5%
Dividend Growth (YoY) 5.3%
Pay Frequency Quarterly
Ex-Dividend Date Dec 31, 2026
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