LECO - Lincoln Electric Holdings Inc Stock Price, Fair Value and News

227.96USD-9.65 (-4.06%)Market Closed

Market Summary

USD227.96-9.65

Market Closed

-4.06%

LECO Stock Price

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LECO RSI Chart

LECO Valuation

Market Cap

13.0B

Price/Earnings (Trailing)

23.73

Price/Sales (Trailing)

3.14

EV/EBITDA

16.54

Price/Free Cashflow

19.16

LECO Price/Sales (Trailing)

LECO Profitability

EBT Margin

16.69%

Return on Equity

41.8%

Return on Assets

16.18%

Free Cashflow Yield

5.22%

LECO Fundamentals

LECO Revenue

Revenue (TTM)

4.1B

Rev. Growth (Yr)

-5.59%

Rev. Growth (Qtr)

-7.3%

LECO Earnings

Earnings (TTM)

546.7M

Earnings Growth (Yr)

1.22%

Earnings Growth (Qtr)

-21.21%

Breaking Down LECO Revenue

Last 7 days

-4.6%

Last 30 days

-9.9%

Last 90 days

1.8%

Trailing 12 Months

46.1%

How does LECO drawdown profile look like?

LECO Financial Health

Current Ratio

2.24

Debt/Equity

0.84

Debt/Cashflow

0.61

LECO Investor Care

Dividend Yield

1.18%

Dividend/Share (TTM)

2.7

Buy Backs (1Y)

1.15%

Diluted EPS (TTM)

9.42

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	4.1B	0	0	0
2023	3.9B	4.0B	4.1B	4.2B
2022	3.4B	3.5B	3.7B	3.8B
2021	2.7B	2.9B	3.1B	3.2B
2020	2.9B	2.8B	2.7B	2.7B
2019	3.0B	3.0B	3.0B	3.0B
2018	2.8B	3.0B	3.0B	3.0B
2017	2.3B	2.3B	2.4B	2.6B
2016	2.4B	2.4B	2.3B	2.3B
2015	2.8B	2.7B	2.7B	2.5B
2014	2.8B	2.8B	2.8B	2.8B
2013	2.8B	2.8B	2.8B	2.9B
2012	2.8B	2.8B	2.8B	2.8B
2011	2.2B	2.4B	2.6B	2.7B
2010	1.8B	1.9B	2.0B	2.0B
2009	0	2.2B	2.0B	1.7B
2008	0	0	0	2.5B

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

Tracking the Latest Insider Buys and Sells of Lincoln Electric Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 19, 2024	doria gregory	sold (taxes)	-28,126	238	-118	svp, pres harris and asia pac
Mar 14, 2024	mapes christopher l	acquired	7,483,210	89.63	83,490	executive chairman
Mar 14, 2024	mapes christopher l	sold	-20,639,000	247	-83,490	executive chairman
Mar 13, 2024	mapes christopher l	sold	-19,090,100	249	-76,365	executive chairman
Mar 13, 2024	mapes christopher l	acquired	6,753,720	88.44	76,365	executive chairman
Mar 05, 2024	ansberry jennifer i	sold	-555,438	252	-2,198	evp, general counsel & secy
Mar 05, 2024	mapes christopher l	sold	-4,413,970	253	-17,439	executive chairman
Mar 04, 2024	pletcher peter m.	sold	-585,943	255	-2,291	svp, pres. americas welding
Mar 04, 2024	pletcher peter m.	acquired	202,616	88.44	2,291	svp, pres. americas welding
Mar 01, 2024	whitehead michael j	acquired	-	-	1,978	svp, president, global automat

Which funds bought or sold LECO recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	DIAMANT ASSET MANAGEMENT, INC.	unchanged	-	863,665	5,808,710	4.03%
Apr 24, 2024	DekaBank Deutsche Girozentrale	reduced	-9.66	167,000	2,652,000	-%
Apr 24, 2024	BROWN ADVISORY INC	reduced	-71.14	-3,200,870	1,641,970	-%
Apr 24, 2024	Solstein Capital, LLC	unchanged	-	1,102	7,408	-%
Apr 24, 2024	Robeco Institutional Asset Management B.V.	reduced	-1.86	1,069,420	8,068,580	0.02%
Apr 24, 2024	RITHOLTZ WEALTH MANAGEMENT	reduced	-2.6	47,073	373,521	0.01%
Apr 24, 2024	HMS Capital Management, LLC	reduced	-0.2	74,938	511,051	0.28%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	reduced	-10.33	37,000	745,000	-%
Apr 24, 2024	ALBERT D MASON INC	added	0.78	227,000	1,461,000	0.90%
Apr 24, 2024	RAYMOND JAMES TRUST N.A.	added	2.77	81,364	474,096	0.01%

Are Funds Buying or Selling LECO?

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

Unveiling Lincoln Electric Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 11, 2024	vanguard group inc	10.07%	5,723,843	SC 13G/A
Feb 13, 2024	vanguard group inc	9.96%	5,694,253	SC 13G/A
Jan 24, 2024	blackrock inc.	9.3%	5,334,191	SC 13G/A
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

Recent SEC filings of Lincoln Electric Holdings Inc

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	8-K	Current Report
Apr 03, 2024	8-K	Current Report
Apr 01, 2024	8-K	Current Report
Mar 18, 2024	ARS	ARS
Mar 18, 2024	DEF 14A	DEF 14A
Mar 15, 2024	4	Insider Trading
Mar 14, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Lincoln Electric Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	48.1B	23.0B	3.98%	47.18%	35.87	2.09	9.35%	-48.07%
BLDR	22.6B	17.1B	-10.55%	104.99%	14.66	1.32	-24.77%	-43.97%
HUBB	21.6B	5.4B	-2.72%	54.63%	28.38	4.01	8.59%	39.18%
CSL	18.2B	4.8B	-1.71%	79.63%	23.76	3.77	-14.85%	-16.95%
LECO	13.0B	4.1B	-9.90%	46.08%	23.73	3.14	6.67%	16.79%
MID-CAP
AYI	7.7B	3.9B	-6.08%	64.11%	20.51	2.01	-6.35%	-0.40%
AAON	7.3B	1.2B	3.86%	43.60%	41.3	6.28	31.47%	76.96%
ATKR	6.7B	3.5B	-0.76%	50.37%	10.17	1.91	-10.84%	-25.77%
AEIS	3.5B	1.7B	-4.82%	11.77%	27.31	2.12	-10.27%	-35.75%
PLUG	1.6B	891.3M	-26.40%	-72.02%	-1.18	1.82	27.07%	-89.06%
SMALL-CAP
APOG	1.4B	1.4B	4.60%	47.84%	13.03	0.97	-1.78%	53.96%
ACTG	488.5M	130.3M	-6.50%	32.16%	7.28	3.75	54.06%	153.62%
ACCO	460.4M	1.8B	-12.45%	10.48%	-21.12	0.25	-5.89%	-65.15%
FCEL	379.6M	103.0M	-23.64%	-53.33%	-4.15	3.68	-24.12%	24.29%
APT	70.5M	61.2M	-5.96%	54.14%	16.83	1.15	-1.21%	27.64%

Lincoln Electric Holdings Inc News

Latest updates

Lincoln Electric Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-7.3%	981	1,059	1,033	1,061	1,039	931	935	970	925	844	806	826	757	694	669	591	702	736	731	777	759
Gross Profit	-0.7%	368	371	366	373	355	308	310	333	330	273	268	274	254	229	215	189	237	241	238	270	258
S&GA Expenses	5.2%	199	189	187	193	190	164	159	167	167	151	149	152	146	136	131	126	150	149	148	163	160
EBITDA Margin	1.8%	0.20*	0.20*	0.18*	0.18*	0.18*	0.19*	0.17*	0.15*	0.14*	0.13*	0.13*	0.14*	0.13*	0.12*	0.12*	0.12*	0.14*	0.14*	0.15*	-	-
Interest Expenses	-	12.00	-	-	-	14.00	-	-	-	-	41.00	-	-	-	-	-5.55	-5.88	-5.46	-5.79	-6.40	-5.90	-5.32
Income Taxes	-13.1%	35.00	40.00	32.00	36.00	33.00	27.00	28.00	32.00	34.00	-2.84	7.00	22.00	23.00	16.00	15.00	7.00	20.00	17.00	19.00	18.00	21.00
Earnings Before Taxes	-19.5%	159	197	161	173	155	136	137	160	160	72.00	38.00	118	97.00	81.00	73.00	34.00	76.00	80.00	92.00	103	93.00
EBT Margin	1.9%	0.17*	0.16*	0.15*	0.15*	0.15*	0.16*	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*	-	-
Net Income	-21.2%	123	157	129	137	122	109	109	128	126	74.00	32.00	96.00	74.00	65.00	58.00	27.00	56.00	64.00	72.00	85.00	71.00
Net Income Margin	1.7%	0.13*	0.13*	0.12*	0.12*	0.12*	0.13*	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*	-	-
Free Cashflow	9.6%	133	122	223	199	124	112	130	98.00	43.00	110	110	100	45.00	136	90.00	104	22.00	123	129	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.1%	3,380	3,377	3,326	3,311	3,253	3,181	2,652	2,742	2,736	2,592	2,569	2,513	2,362	2,314	2,217	2,199	2,306	2,371	2,361	2,394	2,355
Current Assets	-0.8%	1,680	1,693	1,672	1,646	1,610	1,558	1,395	1,465	1,428	1,290	1,236	1,238	1,196	1,112	1,026	1,008	1,059	1,076	1,082	1,128	1,193
Cash Equivalents	-4.8%	375	394	343	220	199	197	141	153	154	193	161	191	242	257	152	143	163	200	157	190	267
Inventory	0.8%	567	563	612	675	665	665	632	639	600	540	524	478	416	381	396	418	398	394	411	398	376
Net PPE	1.2%	582	575	566	563	553	545	490	503	512	512	520	514	500	522	505	502	503	529	523	512	477
Goodwill	-0.7%	690	694	687	692	679	665	425	432	437	430	436	413	334	336	331	329	327	337	331	323	283
Liabilities	0.2%	2,072	2,068	2,100	2,110	2,128	2,147	1,728	1,829	1,873	1,728	1,711	1,653	1,558	1,524	1,507	1,539	1,638	1,552	1,530	1,507	1,485
Current Liabilities	-0.8%	749	755	808	811	836	853	820	904	928	756	745	696	614	549	533	569	655	563	572	571	526
Long Term Debt	0.0%	1,103	1,103	1,103	1,104	1,111	1,110	711	713	715	717	718	718	715	715	716	716	716	712	714	710	706
LT Debt, Current	-100.0%	-	0.00	-	-	-	11.00	-	-	-	1.00	-	-	-	0.00	-	-	-	0.00	-	-	-
LT Debt, Non Current	-100.0%	-	1,103	1,103	1,104	1,111	1,110	711	713	715	717	718	718	715	715	-	-	-	712	-	-	-
Shareholder's Equity	-0.1%	1,308	1,309	1,226	1,201	1,125	1,034	924	913	863	864	858	860	803	790	711	660	668	819	814	846	865
Retained Earnings	2.1%	3,766	3,688	3,578	3,483	3,388	3,307	3,237	3,161	3,064	2,970	2,930	2,929	2,864	2,821	2,791	2,763	2,768	2,736	2,704	2,662	2,605
Additional Paid-In Capital	7.1%	560	523	519	515	498	482	471	466	462	451	435	428	419	410	404	395	387	389	378	369	364
Accumulated Depreciation	1.0%	885	877	920	930	912	891	864	876	878	868	879	893	875	885	858	837	817	826	803	800	792
Shares Outstanding	-0.1%	57.00	57.00	57.00	57.00	58.00	58.00	58.00	58.00	58.00	59.00	59.00	59.00	60.00	60.00	59.00	59.00	59.00	61.00	61.00	-	-
Minority Interest	-	-	-	-	-	-0.05	-0.10	-0.09	-0.08	-0.06	-0.19	-0.10	-0.04	-0.11	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Float	-	-	-	-	11,222	-	-	-	7,021	-	-	-	7,648	-	-	-	4,866	-	-	-	5,237	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	9.6%	133,294	121,662	223,104	198,845	123,931	111,802	130,283	98,211	43,090	109,938	109,891	99,972	45,262	135,801	89,548	104,041	21,972	122,519	128,681	126,107	25,878
Share Based Compensation	245.5%	14,190	4,107	5,509	4,981	11,634	4,318	4,609	5,192	11,148	5,572	5,564	6,249	6,402	3,732	3,849	4,116	3,691	4,022	3,857	4,596	4,149
Cashflow From Investing	-198.3%	-25,940	26,380	-24,763	-60,297	-16,049	-432,434	-17,252	-14,889	-40,116	-10,658	-92,264	-99,582	-2,852	-19,054	-11,366	-13,065	-5,728	-14,028	-45,151	-119,695	-13,949
Cashflow From Financing	-24.1%	-125,400	-101,010	-84,484	-115,582	-111,316	371,151	-115,060	-81,769	-40,597	-65,828	-47,117	-53,624	-55,371	-18,824	-71,625	-114,079	-41,613	-69,483	-112,383	-84,568	-105,510
Dividend Payments	12.4%	41,280	36,733	36,805	36,889	37,583	32,347	32,463	32,553	33,361	30,134	30,338	30,380	30,999	29,173	29,131	29,139	30,675	28,758	29,061	29,541	30,560
Buy Backs	61.9%	110,405	68,176	45,355	53,076	32,158	25,077	26,518	25,119	104,579	60,678	50,160	25,229	28,459	257	223	3,213	109,762	70,751	61,028	85,330	75,584

LECO Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CONSOLIDATED STATEMENTS OF INCOME
Net sales (Note 2)	$ 4,191,636	$ 3,761,211	$ 3,234,180
Cost of goods sold	2,726,191	2,480,451	2,165,575
Gross profit	1,465,445	1,280,760	1,068,605
Selling, general & administrative expenses	758,910	656,636	597,109
Rationalization and asset impairment charges (Note 7)	(11,314)	11,788	9,827
Operating income	717,849	612,336	461,669
Interest expense, net	44,371	29,500	22,214
Other income (expense) (Note 12)	13,388	9,991	(114,457)
Income before income taxes	686,866	592,827	324,998
Income taxes (Note 13)	141,618	120,603	48,418
Net income	$ 545,248	$ 472,224	$ 276,580
Basic earnings per share (Note 3)	$ 9.50	$ 8.14	$ 4.66
Diluted earnings per share (Note 3)	9.37	8.04	4.60
Cash dividends declared per share	$ 2.63	$ 2.32	$ 2.09

LECO Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 393,787	$ 197,150
Accounts receivable (less allowance for doubtful accounts of $11,464 in 2023; $12,556 in 2022)	538,830	541,529
Inventories (Note 16)	562,864	665,451
Other current assets	197,630	153,660
Total Current Assets	1,693,111	1,557,790
Property, plant and equipment, net (Note 1)	575,316	544,871
Intangibles, net (Note 5)	186,667	202,706
Goodwill (Note 5)	694,452	665,257
Deferred income taxes (Note 13)	45,176	22,811
Other assets	182,575	187,111
TOTAL ASSETS	3,377,297	3,180,546
Current Liabilities
Amounts due banks (Note 9)	2,435	82,444
Trade accounts payable	325,435	352,079
Accrued employee compensation and benefits	112,373	109,369
Dividends payable	40,453	36,879
Other current liabilities	273,910	261,087
Current portion of long-term debt (Note 9)	4	11,039
Total Current Liabilities	754,610	852,897
Long-term debt, less current portion (Note 9)	1,102,771	1,110,396
Deferred income taxes (Note 13)	13,146	17,022
Other liabilities	197,918	166,190
Total Liabilities	2,068,445	2,146,505
Shareholders' Equity
Preferred shares, without par value - at stated capital amount; authorized - 5,000,000 shares; issued and outstanding - none	0	0
Common shares, without par value - at stated capital amount; authorized - 240,000,000 shares; issued - 98,581,434 shares in 2023 and 2022; outstanding - 56,975,815 shares in 2023 and 57,623,539 shares in 2022	9,858	9,858
Additional paid-in capital	523,357	481,857
Retained earnings	3,688,038	3,306,500
Accumulated other comprehensive loss (Note 8)	(229,847)	(275,398)
Treasury shares, at cost - 41,605,619 shares in 2023 and 40,957,895 shares in 2022	(2,682,554)	(2,488,776)
Total Equity	1,308,852	1,034,041
TOTAL LIABILITIES AND TOTAL EQUITY	$ 3,377,297	$ 3,180,546

About Lincoln Electric Holdings Inc

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 brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, as well as 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.

CEO	Mr. Christopher L. Mapes
WEBSITE	lincolnelectric.com
INDUSTRY	Communication Equipment
EMPLOYEES	12000

Lincoln Electric Holdings Inc Frequently Asked Questions

What is the ticker symbol for Lincoln Electric Holdings Inc? What does LECO stand for in stocks?

LECO is the stock ticker symbol of Lincoln Electric Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Lincoln Electric Holdings Inc (LECO)?

As of Thu Apr 25 2024, market cap of Lincoln Electric Holdings Inc is 12.95 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LECO stock?

You can check LECO's fair value in chart for subscribers.

What is the fair value of LECO stock?

You can check LECO's fair value in chart for subscribers. The fair value of Lincoln Electric Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Lincoln Electric Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LECO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Lincoln Electric Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether LECO is over valued or under valued. Whether Lincoln Electric Holdings Inc is cheap or expensive depends on the assumptions which impact Lincoln Electric Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LECO.

What is Lincoln Electric Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, LECO's PE ratio (Price to Earnings) is 23.76 and Price to Sales (PS) ratio is 3.09. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LECO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Lincoln Electric Holdings Inc's stock?

In the past 10 years, Lincoln Electric Holdings Inc has provided 0.151 (multiply by 100 for percentage) rate of return.