Lincoln Electric Holdings financials
$271.18−0.19%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.23B | $4.01B | $4.19B | $3.76B | $3.23B | $2.66B | $3.00B | $3.03B | $2.62B | $2.27B |
| Gross profit | $1.53B | $1.47B | $1.47B | $1.28B | $1.07B | $871.3M | $1.01B | $1.03B | $875.1M | $786.6M |
| Gross margin | 36.2% | 36.7% | 35.0% | 34.1% | 33.0% | 32.8% | 33.5% | 34.0% | 33.3% | 34.6% |
| Operating income | $718.1M | $636.5M | $717.8M | $612.3M | $461.7M | $282.1M | $370.9M | $375.5M | $376.9M | $283.6M |
| Net income | $520.5M | $466.1M | $545.2M | $472.2M | $276.6M | $206.1M | $293.1M | $287.1M | $247.5M | $198.4M |
| Net margin | 12.3% | 11.6% | 13.0% | 12.6% | 8.6% | 7.8% | 9.8% | 9.5% | 9.4% | 8.7% |
| Diluted EPS | $9.32 | $8.15 | $9.37 | $8.04 | $4.60 | $3.42 | $4.68 | $4.37 | $3.71 | $2.91 |
| EBITDA | $834.8M | $780.6M | $793.2M | $702.2M | $552.6M | $408.0M | $467.6M | $473.2M | $402.0M | $383.0M |
| Operating cash flow | $661.2M | $599.0M | $667.5M | $383.4M | $365.1M | $351.4M | $403.2M | $329.2M | $334.8M | $312.6M |
| Free cash flow | $534.2M | $482.4M | $576.6M | $311.5M | $302.5M | $292.2M | $333.6M | $257.9M | $273.2M | $262.7M |
| Diluted shares | 55.9M | 57.2M | 58.2M | 58.7M | 60.1M | 60.2M | 62.7M | 65.7M | 66.6M | 68.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $308.8M | $377.3M | $393.8M | $197.2M | $193.0M | $257.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.29B | $1.26B | $1.11B | $1.20B | $769.8M | $718.2M |
| Total assets | $3.78B | $3.52B | $3.38B | $3.18B | $2.59B | $2.31B |
| Total liabilities | $2.31B | $2.19B | $2.07B | $2.15B | $1.73B | $1.52B |
| Shareholders' equity | $1.47B | $1.33B | $1.31B | $1.03B | $863.9M | $790.3M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology