Lincoln Electric Holdings, Inc. (LECO)

From the record

Lincoln Electric Holdings, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Lincoln Electric Holdings, Inc.'s 7 filed years say what it did: revenue went from $3.0 billion in fiscal 2019 to $4.2 billion in fiscal 2025, up 5.9% a year; it rose in 4 of 6 years; the deepest fall was 12% from fiscal 2019 to fiscal 2020; net income was positive in 7 of 7 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Lincoln Electric Holdings, Inc.'s diluted share count shrank about 1.7% a year, and dividends and buybacks returned about 66% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 8 sales and 0 purchases of their own stock on the open market in the year to 2026-11-02 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Lincoln Electric Holdings, Inc. earned about 35 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 41 cents per dollar of everything the company owns. Leverage: it owed about 61 cents per dollar of assets, and net share issuance: its share count shrank 2.3% over the year (the filed statements).

From the record

Lincoln Electric Holdings, Inc.'s standing among 63 graded names in its industry family: revenue of $4.2 billion in fiscal 2025 ranks in the top 33% by size; a net margin of 12.3% ranks in the top 26%; revenue growth of 4% a year over the last 3 filed years ranks in the top 44% (its annual reports).

From the record

Lincoln Electric Holdings, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Hedlund, Steven B (CHAIRMAN, PRESIDENT & CEO, as filed), filing under that title since 2024-02-21, 2.7 years (bottom 31% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 8.3 years (top 12%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (top 25%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Lincoln Electric Holdings, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $309 million against debt of $1.2 billion leaves -22.3% of its assets as net cash, bottom 24% of its family; cash from operations less capital spending is 12.6% of revenue (top 33%); a gross margin of 36.2% (top 50%); research spending of 2% of revenue (bottom 28%) (its annual report).

From the record

Lincoln Electric Holdings, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 4% a year over the last three filed years against 5.9% over all 7, slowing (bottom 40% of its family); the newest year grew 5.6% (top 47%); research spending grew 10.6% a year (top 27%); capital spending grew 20.9% a year (top 20%) (its annual reports). Lincoln Electric Holdings, Inc. reported 3 lines of business in fiscal 2025: Americas Welding at $2.7 billion (64%), International Welding at $931 million (22%), Harris Products Group at $579 million (14%); 2 of 3 grew against the year before (its annual report).

From the record

Lincoln Electric Holdings, Inc.'s newest year against its own record: revenue of $4.2 billion in fiscal 2025 came in 2.3% above the $4.1 billion its prior three years' pace pointed to (bottom 38% of its family); net income of $521 million against a prior three-year average of $495 million (bottom 44%); a net margin of 12.3% against 12.4% before (bottom 49%) (its annual reports).