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Lincoln Electric Holdings Inc Stock Research

LECO

176.66USD-3.11(-1.73%)Market Closed
Watchlist

Market Summary

USD176.66-3.11
Market Closed
-1.73%

LECO Alerts

  • 1 major insider sales recently.

LECO Stock Price

LECO RSI Chart

LECO Valuation

Market Cap

12.0B

Price/Earnings (Trailing)

25.57

Price/Sales (Trailing)

38.14

EV/EBITDA

17.62

Price/Free Cashflow

25.79

LECO Price/Sales (Trailing)

LECO Profitability

EBT Margin

187.50%

Return on Equity

41.6%

Return on Assets

14.39%

Free Cashflow Yield

3.88%

LECO Fundamentals

LECO Revenue

Revenue Y/Y

9.38%

Revenue Q/Q

2.04%

LECO Earnings

Earnings (TTM)

477.6M

Earnings Y/Y

7.44%

Earnings Q/Q

12.63%

Price Action

52 Week Range

120.01210.86
(Low)(High)

Last 7 days

-2.4%

Last 30 days

-4.7%

Last 90 days

-6.8%

Trailing 12 Months

31.2%

LECO Financial Health

Current Ratio

1.93

LECO Investor Care

Dividend Yield

1.4%

Dividend/Share (TTM)

2.48

Buy Backs (1Y)

1.98%

Diluted EPS (TTM)

8.19

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for LECO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-23
Hedlund Steven B
sold (taxes)
-78,212
188
-416
evp & chief operating officer
2023-08-21
Whitehead Michael J
sold
-204,209
185
-1,100
svp, president, global automat
2023-08-01
Hedlund Steven B
acquired
-
-
2,475
evp & chief operating officer
2023-08-01
Ansberry Jennifer I
sold
-1,794,850
200
-8,962
evp, general counsel & secy
2023-08-01
Ansberry Jennifer I
acquired
812,853
90.7
8,962
evp, general counsel & secy
2023-07-20
Fetch Bonnie J
acquired
-
-
264
-
2023-06-14
MAPES CHRISTOPHER L
acquired
5,176,200
58.14
89,030
chairman, president and ceo
2023-06-14
MAPES CHRISTOPHER L
sold
-17,291,100
194
-89,030
chairman, president and ceo
2023-06-13
Hedlund Steven B
sold
-426,779
195
-2,180
evp & chief operating officer
2023-06-12
LINCOLN KATHRYN JO
sold
-1,149,480
191
-6,000
-

1–10 of 50

Which funds bought or sold LECO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
466
2,870
3,377
-%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
reduced
-15.07
-2,924
1,231,510
0.01%
2023-08-22
COMERICA BANK
new
-
1,000
1,000
-%
2023-08-21
JOHN G ULLMAN & ASSOCIATES INC
reduced
-86.31
-3,214,250
615,753
0.10%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
0.34
2,096,690
13,833,600
0.02%
2023-08-21
OSAIC HOLDINGS, INC.
added
4.11
538,838
2,919,820
-%
2023-08-21
VisionPoint Advisory Group, LLC
new
-
18,870
18,870
0.01%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-0.45
961,000
6,634,000
0.06%
2023-08-21
BOKF, NA
unchanged
-
10,336
69,521
-%
2023-08-17
Orion Portfolio Solutions, LLC
reduced
-15.75
-33,591
3,190,870
0.03%

1–10 of 47

Latest Funds Activity

Are funds buying LECO calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LECO
No. of Funds

Schedule 13G FIlings of Lincoln Electric Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
10.43%
6,024,856
SC 13G/A
Jan 25, 2023
blackrock inc.
9.1%
5,274,037
SC 13G/A
Jan 05, 2023
jpmorgan chase & co
4.6%
2,679,127
SC 13G/A
Feb 10, 2022
vanguard group inc
10.00%
5,903,603
SC 13G/A
Feb 01, 2022
blackrock inc.
8.7%
5,162,009
SC 13G/A
Jan 12, 2022
jpmorgan chase & co
5.6%
3,362,982
SC 13G/A
Sep 10, 2021
vanguard group inc
10.03%
5,954,670
SC 13G/A
Feb 16, 2021
state street corp
4.46%
2,654,200
SC 13G/A
Feb 10, 2021
vanguard group inc
9.42%
5,599,927
SC 13G/A
Jan 29, 2021
blackrock inc.
9.1%
5,425,301
SC 13G/A

Recent SEC filings of Lincoln Electric Holdings

View All Filings
Date Filed Form Type Document
Aug 25, 2023
4
Insider Trading
Aug 25, 2023
8-K/A
Current Report
Aug 22, 2023
4
Insider Trading
Aug 21, 2023
144
Notice of Insider Sale Intent
Aug 02, 2023
4
Insider Trading
Aug 02, 2023
4
Insider Trading
Aug 01, 2023
144
Notice of Insider Sale Intent
Jul 27, 2023
8-K
Current Report
Jul 27, 2023
10-Q
Quarterly Report
Jul 27, 2023
8-K
Current Report

Peers (Alternatives to Lincoln Electric Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
112.7B
61.4B
0.63% 10.81%
11.22
1.84
26.89% 62.82%
32.4B
32.2B
-1.76% 9.94%
12.49
1.01
29.87% 25.35%
19.8B
8.5B
1.19% 16.75%
19.4
2.34
3.15% -10.67%
8.3B
4.7B
-18.12% -10.59%
22.04
1.75
10.19% -2.33%
MID-CAP
12.0B
-
-4.71% 31.23%
25.57
38.14
-70.09% 32.66%
10.7B
4.2B
-1.83% 57.33%
21.77
2.57
3.67% -12.40%
3.8B
5.0B
1.70% 79.47%
8.61
0.77
22.48% 91.50%
3.7B
1.6B
1.07% 43.39%
115.68
2.25
25.15% -92.29%
3.3B
2.1B
-2.73% 15.15%
25.93
1.58
14.88% 7.01%
2.0B
2.1B
-6.25% 13.35%
16.64
0.95
3.27% -18.09%
SMALL-CAP
-
9.6M
-11.10% 13.66%
-
-
-64.00% 103.64%
999.6M
951.4M
-6.04% 25.97%
20.27
1.05
4.17% 8.83%
767.9M
3.9B
1.47% 65.46%
21.82
0.2
18.61% 115.65%
522.2M
2.2B
-4.49% 71.46%
-4.97
0.24
17.70% -829.86%
17.4M
32.2M
-1.15% -31.64%
46.78
0.54
-6.72% -56.52%

Lincoln Electric Holdings News

Best Stocks
Nordea Investment Management AB Reduces Holdings in Lincoln ....
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7 hours ago
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Returns for LECO

Cumulative Returns on LECO

12.0%


10-Year Cumulative Returns

18.0%


7-Year Cumulative Returns

14.4%


5-Year Cumulative Returns

27.3%


3-Year Cumulative Returns

Risks for LECO

What is the probability of a big loss on LECO?

37.7%


Probability that Lincoln Electric Holdings stock will be more than 20% underwater in next one year

18.1%


Probability that Lincoln Electric Holdings stock will be more than 30% underwater in next one year.

0%


Probability that Lincoln Electric Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LECO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Lincoln Electric Holdings was unfortunately bought at previous high price.

Drawdowns

Financials for Lincoln Electric Holdings

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue--------3,0842,9462,7102,6552,6982,7602,9463,0033,0113,0173,0303,0293,0322,964
Gross Profit3.1%1,3461,3061,2811,2451,2041,1451,0691,0259728888718839069861,0081,0171,0301,0301,0291,016983
  S&GA Expenses3.8%706680657643633618597583565540544557574611621627626627628627612
EBITDA-100.0%-668671608512469406415447341322322341412427439442432423402437
EBITDA Margin-100.0%-2.13*3.35*0.17*0.14*0.14*0.13*0.13*0.15*0.13*0.12*0.12*0.12*0.14*0.14*0.15*0.15*0.14*0.14*0.13*0.15*
Interest Expenses-------------22.68-23.53-23.55-23.41-21.96-19.53-18.45-17.57-17.67-18.30
Earnings Before Taxes2.2%602589593529430387325335369285264263282352368383387377369348383
EBT Margin-100.0%-1.88*2.96*0.14*0.12*0.11*0.10*0.11*0.13*0.11*0.10*0.10*0.10*0.12*0.12*0.13*0.13*0.12*0.12*0.11*0.13*
Net Income2.0%478468472438360328276267294225206205219277293316314298287224260
Net Income Margin-100.0%-1.49*2.36*0.12*0.10*0.10*0.09*0.09*0.10*0.08*0.08*0.08*0.08*0.09*0.10*0.11*0.10*0.10*0.09*0.07*0.09*
Free Cashflow-100.0%-464383382361363365391371375351338377399403380358311329319307
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.8%3,3113,2533,1812,6522,7422,7362,5922,5692,5132,3622,3142,2172,1992,3062,3712,3612,3942,3552,3502,4202,434
  Current Assets2.2%1,6461,6101,5581,3951,4651,4281,2901,2361,2381,1961,1121,0261,0081,0591,0761,0821,1281,1931,2381,4061,412
    Cash Equivalents10.9%220199197141153154193161191242257152143163200157190267359398357
  Inventory1.5%675665665632639600540524478416381396418398394411398376362377366
  Net PPE1.8%563553545490503512512520514500522505502503529523512477479462468
  Goodwill1.9%692679665425432437430436413334336331329327337331323283281234234
Liabilities-0.9%2,1102,1282,1471,7281,8291,8731,7281,7111,6531,5581,5241,5071,5391,6381,552---1,462--
  Current Liabilities-3.0%811836853820904928756745696614549533569655563572571526538546540
  Long Term Debt------------716716716712714710706703698700
    LT Debt, Current---11.00---1.00---0.00---0.00------
    LT Debt, Non Current-0.6%1,1041,1111,110711713715717718718715715---712------
Shareholder's Equity6.8%1,2011,1251,034924913863864858860803790711660668819814846865888928944
  Retained Earnings2.8%3,4833,3883,3073,2373,1613,0642,9702,9302,9292,8642,8212,7912,7632,7682,7362,7042,6622,6052,5642,5052,461
  Additional Paid-In Capital3.5%515498482471466462451435428419410404395387389378369364360358352
Accumulated Depreciation2.0%930912891864876878868879893875885858837817826803800792779799795
Shares Outstanding---58.00---59.00---60.0059.00--61.00---64.00--
Minority Interest100.0%--0.05-0.10-0.09-0.08-0.06-0.19-0.10-0.04-0.111.001.001.001.001.001.001.001.001.001.001.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations21.7%565464383382361363365391371375351338377399403380358311329319307
  Share Based Compensation-0.8%26.0026.0025.0027.0027.0029.0024.0022.0020.0018.0015.0016.0016.0016.0017.0018.0017.0018.0019.0016.0016.00
Cashflow From Investing-9.4%-526-480-504-82.91-157-242-205-213-132-46.34-49.21-44.19-77.97-184-192-206-128-27.2221.0026.00-164
Cashflow From Financing-53.7%29.0063.00134-303-235-207-221-174-199-259-246-296-337-308-371-408-393-369-302-237-177
  Dividend Payments3.2%13913513112912612412212112011811811811811811811511110710210098.00
  Buy Backs25.7%13710918121724124116510454.0032.0011318424532729330231226320214286.00

LECO Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONSOLIDATED STATEMENTS OF INCOME    
Net sales (Note 2)$ 1,060,565$ 969,589$ 2,099,908$ 1,895,037
Cost of goods sold687,137636,1081,371,1231,231,779
Gross profit373,428333,481728,785663,258
Selling, general & administrative expenses192,748166,792382,864333,478
Rationalization and asset impairment charges (Note 6)2,667(844)3,5441,041
Operating income178,013167,533342,377328,739
Interest expense, net11,6996,45924,89912,657
Other income (expense) (Note 11)6,746(1,133)10,9263,500
Income before income taxes173,060159,941328,404319,582
Income taxes (Note 12)35,72932,11869,14265,729
Net income$ 137,331$ 127,823$ 259,262$ 253,853
Basic earnings per share (Note 3)$ 2.39$ 2.20$ 4.51$ 4.35
Diluted earnings per share (Note 3)2.362.184.444.30
Cash dividends declared per share$ 0.64$ 0.56$ 1.28$ 1.12

LECO Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets  
Cash and cash equivalents$ 220,483$ 197,150
Accounts receivable (less allowance for doubtful accounts of $12,170 in 2023; $12,556 in 2022)570,294541,529
Inventories (Note 8)674,754665,451
Other current assets180,647153,660
Total Current Assets1,646,1781,557,790
Property, plant and equipment (less accumulated depreciation of $929,890 in 2023; $890,543 in 2022)563,180544,871
Goodwill692,457665,257
Other assets409,373412,628
TOTAL ASSETS3,311,1883,180,546
Current Liabilities  
Short-term debt (Note 10)10,40693,483
Trade accounts payable358,160352,079
Accrued employee compensation and benefits159,173109,369
Other current liabilities283,023297,966
Total Current Liabilities810,762852,897
Long-term debt, less current portion (Note 10)1,103,8981,110,396
Other liabilities195,104183,212
Total Liabilities2,109,7642,146,505
Shareholders' Equity  
Common Shares9,8589,858
Additional paid-in capital515,303481,857
Retained earnings3,483,1273,306,500
Accumulated other comprehensive loss(236,186)(275,398)
Treasury Shares(2,570,678)(2,488,776)
Total Equity1,201,4241,034,041
TOTAL LIABILITIES AND TOTAL EQUITY$ 3,311,188$ 3,180,546
Christopher L. Mapes
11000
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.