See more : Emmaus Life Sciences, Inc. (EMMAW) Income Statement Analysis – Financial Results
Complete financial analysis of Lincoln Electric Holdings, Inc. (LECO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Lincoln Electric Holdings, Inc., a leading company in the Manufacturing – Tools & Accessories industry within the Industrials sector.
You may be interested
- ABIONYX Pharma SA (ABNX.PA) Income Statement Analysis – Financial Results
- Leef Brands Inc. (ICNAF) Income Statement Analysis – Financial Results
- PetroChina Company Limited (0857.HK) Income Statement Analysis – Financial Results
- Arr Planner Co., Ltd. (2983.T) Income Statement Analysis – Financial Results
- Manulife Financial Corporation (0V5H.L) Income Statement Analysis – Financial Results
Lincoln Electric Holdings, Inc. (LECO)
Industry: Manufacturing - Tools & Accessories
Sector: Industrials
Website: https://www.lincolnelectric.com
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 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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.19B | 3.76B | 3.23B | 2.66B | 3.00B | 3.03B | 2.62B | 2.27B | 2.54B | 2.81B | 2.85B | 2.85B | 2.69B | 2.07B | 1.73B | 2.48B | 2.28B | 1.97B | 1.60B | 1.33B | 1.04B | 994.08M | 978.88M | 1.06B | 1.09B | 1.19B | 1.16B | 1.11B | 1.03B | 906.70M |
| Cost of Revenue | 2.71B | 2.48B | 2.17B | 1.78B | 2.00B | 2.00B | 1.74B | 1.49B | 1.69B | 1.86B | 1.91B | 1.99B | 1.96B | 1.51B | 1.27B | 1.76B | 1.63B | 1.42B | 1.16B | 971.32M | 759.92M | 694.05M | 671.55M | 668.79M | 685.30M | 701.50M | 690.00M | 657.00M | 604.90M | 528.30M |
| Gross Profit | 1.48B | 1.28B | 1.07B | 871.34M | 1.01B | 1.03B | 880.33M | 789.30M | 841.14M | 949.30M | 942.65M | 866.66M | 736.74M | 563.82M | 456.27M | 720.15M | 647.57M | 552.28M | 436.92M | 362.36M | 280.67M | 300.03M | 307.33M | 389.81M | 400.90M | 485.20M | 469.10M | 452.10M | 427.50M | 378.40M |
| Gross Profit Ratio | 35.23% | 34.05% | 33.04% | 32.81% | 33.55% | 33.96% | 33.54% | 34.70% | 33.17% | 33.74% | 33.04% | 30.37% | 27.34% | 27.24% | 26.38% | 29.05% | 28.39% | 28.01% | 27.29% | 27.17% | 26.97% | 30.18% | 31.40% | 36.82% | 36.91% | 40.89% | 40.47% | 40.76% | 41.41% | 41.73% |
| Research & Development | 71.24M | 63.21M | 55.97M | 51.41M | 56.85M | 54.17M | 47.90M | 44.72M | 47.18M | 43.26M | 42.13M | 37.31M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 627.70M | 545.68M | 466.68M | 639.49M | 545.50M | 527.21M | 495.22M | 439.78M | 377.77M | 333.40M | 405.38M | 370.12M | 315.83M | 285.31M | 256.62M | 210.70M | 198.04M | 190.16M | 216.22M | 223.80M | 309.70M | 305.80M | 310.30M | 289.80M | 261.70M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 703.65M | 656.64M | 597.11M | 543.80M | 621.49M | 627.70M | 545.68M | 466.68M | 639.49M | 545.50M | 527.21M | 495.22M | 439.78M | 377.77M | 333.40M | 405.38M | 370.12M | 315.83M | 285.31M | 256.62M | 210.70M | 198.04M | 190.16M | 216.22M | 223.80M | 309.70M | 305.80M | 310.30M | 289.80M | 261.70M |
| Other Expenses | -15.04M | 9.99M | -114.46M | 3.94M | 21.00M | 10.69M | 5.22M | 3.17M | 4.18M | 4.00M | 4.19M | 2.69M | 0.00 | -384.00K | 0.00 | 0.00 | 0.00 | 0.00 | 1.76M | 2.44M | 1.74M | 10.47M | 0.00 | 34.71M | 29.10M | 28.10M | 28.40M | 29.50M | 29.70M | 28.00M |
| Operating Expenses | 758.91M | 656.64M | 597.11M | 543.80M | 621.49M | 627.70M | 545.68M | 466.68M | 639.49M | 545.50M | 527.21M | 495.22M | 440.06M | 377.77M | 333.40M | 424.75M | 370.12M | 315.83M | 287.07M | 259.06M | 212.45M | 208.50M | 190.16M | 250.93M | 252.90M | 337.80M | 334.20M | 339.80M | 319.50M | 289.70M |
| Cost & Expenses | 3.47B | 3.14B | 2.76B | 2.33B | 2.62B | 2.63B | 2.29B | 1.95B | 2.33B | 2.41B | 2.44B | 2.48B | 2.40B | 1.88B | 1.61B | 2.18B | 2.00B | 1.74B | 1.45B | 1.23B | 972.37M | 902.56M | 861.71M | 919.72M | 938.20M | 1.04B | 1.02B | 996.80M | 924.40M | 818.00M |
| Interest Income | 0.00 | 1.61M | 1.57M | 1.99M | 2.53M | 0.00 | 4.79M | 2.09M | 2.71M | 3.09M | 3.32M | 3.99M | 3.12M | 2.38M | 3.46M | 8.85M | 8.29M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 44.37M | 29.50M | 22.21M | 21.97M | 23.42M | 17.57M | 24.22M | 19.08M | 21.82M | 10.43M | 2.86M | 4.19M | 6.70M | 6.69M | 8.52M | 12.16M | 11.43M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 86.67M | 78.06M | 81.15M | 80.49M | 81.49M | 72.35M | 68.12M | 65.07M | 64.01M | 69.61M | 68.88M | 65.33M | 62.05M | 57.36M | 56.60M | 56.93M | 51.49M | 45.71M | 41.87M | 42.30M | 37.65M | 37.04M | 36.21M | 34.71M | 29.10M | 28.10M | 28.40M | 29.50M | 29.70M | 28.00M |
| EBITDA | 824.67M | 700.14M | 675.23M | 410.35M | 466.89M | 473.29M | 416.69M | 383.95M | 441.64M | 455.85M | 504.29M | 439.10M | 370.09M | 251.16M | 152.75M | 368.89M | 351.20M | 282.16M | 193.47M | 103.30M | 68.22M | 91.52M | 153.37M | 173.59M | 177.10M | 175.50M | 163.30M | 141.80M | 137.70M | 116.70M |
| EBITDA Ratio | 19.67% | 18.93% | 13.55% | 15.51% | 16.27% | 15.98% | 15.83% | 17.40% | 10.87% | 17.27% | 17.41% | 15.72% | 13.63% | 12.03% | 10.29% | 14.81% | 14.29% | 14.39% | 11.79% | 10.83% | 10.05% | 13.76% | 15.33% | 17.40% | 19.03% | 14.34% | 13.52% | 11.59% | 12.96% | 12.08% |
| Operating Income | 717.85M | 612.34M | 357.04M | 282.07M | 370.91M | 375.54M | 377.71M | 288.27M | 181.70M | 373.75M | 406.99M | 362.08M | 296.68M | 186.43M | 92.98M | 295.40M | 277.63M | 232.97M | 149.85M | 103.30M | 68.22M | 91.52M | 117.17M | 138.88M | 148.00M | 147.40M | 134.90M | 112.30M | 108.00M | 88.70M |
| Operating Income Ratio | 17.13% | 16.28% | 11.04% | 10.62% | 12.35% | 12.40% | 14.39% | 12.67% | 7.17% | 13.28% | 14.27% | 12.69% | 11.01% | 9.01% | 5.38% | 11.92% | 12.17% | 11.81% | 9.36% | 7.75% | 6.56% | 9.21% | 11.97% | 13.12% | 13.63% | 12.42% | 11.64% | 10.13% | 10.46% | 9.78% |
| Total Other Income/Expenses | -30.98M | -19.51M | -136.67M | -18.03M | -2.42M | -6.88M | -10.71M | -10.89M | -11.91M | 2.07M | 9.46M | 7.49M | 4.65M | 678.00K | -6.50M | 4.41M | 9.53M | 5.20M | 4.05M | 4.48M | 1.01M | -3.58M | -1.12M | -17.20M | -33.80M | -400.00K | 200.00K | 5.60M | -8.40M | -8.50M |
| Income Before Tax | 686.87M | 592.83M | 325.00M | 264.04M | 368.49M | 368.66M | 366.24M | 277.39M | 169.79M | 375.81M | 416.44M | 369.57M | 301.33M | 187.11M | 86.48M | 299.81M | 287.16M | 238.17M | 153.90M | 107.78M | 69.23M | 87.94M | 116.04M | 121.68M | 114.20M | 147.00M | 135.10M | 117.90M | 99.60M | 80.20M |
| Income Before Tax Ratio | 16.39% | 15.76% | 10.05% | 9.94% | 12.27% | 12.17% | 13.95% | 12.19% | 6.70% | 13.36% | 14.60% | 12.95% | 11.18% | 9.04% | 5.00% | 12.09% | 12.59% | 12.08% | 9.61% | 8.08% | 6.65% | 8.85% | 11.85% | 11.49% | 10.51% | 12.39% | 11.66% | 10.63% | 9.65% | 8.85% |
| Income Tax Expense | 141.62M | 120.60M | 48.42M | 57.90M | 75.41M | 81.67M | 118.76M | 79.02M | 42.38M | 121.93M | 124.75M | 112.35M | 84.32M | 54.90M | 37.91M | 87.52M | 84.42M | 63.16M | 31.59M | 27.18M | 14.69M | 21.06M | 32.45M | 43.59M | 40.30M | 53.30M | 49.70M | 43.60M | 38.10M | 32.20M |
| Net Income | 545.25M | 472.22M | 276.58M | 206.12M | 293.11M | 287.07M | 247.50M | 198.40M | 127.48M | 254.69M | 293.78M | 257.41M | 217.19M | 130.24M | 48.58M | 212.29M | 202.74M | 175.01M | 122.31M | 80.60M | 54.54M | 29.28M | 83.59M | 78.09M | 73.90M | 93.70M | 85.40M | 74.30M | 61.50M | 48.00M |
| Net Income Ratio | 13.01% | 12.56% | 8.55% | 7.76% | 9.76% | 9.48% | 9.43% | 8.72% | 5.03% | 9.05% | 10.30% | 9.02% | 8.06% | 6.29% | 2.81% | 8.56% | 8.89% | 8.88% | 7.64% | 6.04% | 5.24% | 2.94% | 8.54% | 7.38% | 6.80% | 7.90% | 7.37% | 6.70% | 5.96% | 5.29% |
| EPS | 9.51 | 8.14 | 4.66 | 3.46 | 4.73 | 4.42 | 3.76 | 2.94 | 1.72 | 3.22 | 3.58 | 3.10 | 2.60 | 1.54 | 0.57 | 2.49 | 2.37 | 2.06 | 1.47 | 0.98 | 0.66 | 0.35 | 0.99 | 0.92 | 0.82 | 0.96 | 0.87 | 0.75 | 0.66 | 1.10 |
| EPS Diluted | 9.37 | 8.04 | 4.60 | 3.42 | 4.68 | 4.37 | 3.71 | 2.91 | 1.70 | 3.18 | 3.54 | 3.06 | 2.56 | 1.53 | 0.57 | 2.47 | 2.34 | 2.04 | 1.45 | 0.97 | 0.66 | 0.34 | 0.98 | 0.92 | 0.81 | 0.96 | 0.87 | 0.75 | 0.66 | 1.10 |
| Weighted Avg Shares Out | 57.36M | 58.03M | 59.31M | 59.63M | 61.96M | 64.89M | 65.74M | 67.46M | 74.11M | 79.19M | 81.98M | 83.09M | 83.68M | 84.41M | 84.78M | 85.30M | 85.80M | 85.16M | 83.49M | 82.38M | 82.64M | 84.86M | 84.86M | 85.35M | 90.67M | 97.60M | 98.73M | 99.73M | 93.54M | 43.84M |
| Weighted Avg Shares Out (Dil) | 58.22M | 58.75M | 60.06M | 60.25M | 62.66M | 65.68M | 66.64M | 68.16M | 74.85M | 80.10M | 83.04M | 84.18M | 84.71M | 85.22M | 85.27M | 86.11M | 86.78M | 86.00M | 84.35M | 83.29M | 83.27M | 86.10M | 85.29M | 85.35M | 91.23M | 98.12M | 98.73M | 99.73M | 93.54M | 43.84M |
Why Lincoln Electric Holdings (LECO) is a Top Growth Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Becton, Dickinson And HP Among 13 Companies Announcing Annual Dividend Increases In The First Half Of November
Visa and Exxon Mobil announced dividend increases in October, with Visa increasing its dividend by 15.6% and Exxon Mobil increasing its dividend by 4.4%. Several companies, including AbbVie, American Electric Power, and McDonalds, met or exceeded dividend increase predictions in...
Lincoln Electric Holdings, Inc. (LECO) Q3 2023 Earnings Call Transcript
Lincoln Electric Holdings, Inc. (NASDAQ:LECO ) Q3 2023 Earnings Conference Call October 27, 2023 10:00 AM ET Company Participants Amanda Butler - Vice President, Investor Relations and Communications Chris Mapes - Chairman, President and Chief Executive Officer Gabe Bruno -...
Lincoln Electric Holdings (LECO) Q3 Earnings Beat Estimates
Lincoln Electric Holdings (LECO) came out with quarterly earnings of $2.40 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2.04 per share a year ago.
Lincoln Electric (LECO) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Lincoln Electric (LECO) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Lincoln Electric Reports Third Quarter 2023 Results
Third Quarter 2023 Highlights Net sales increase 10.5% to record $1,033 million Operating income margin of 16.6%; Record adjusted operating income margin of 17.7% Record EPS of $2.22; Record adjusted EPS of $2.40 Cash flows from operations increase 71% to...
Lincoln Electric Holdings (LECO) Earnings Expected to Grow: Should You Buy?
Lincoln Electric (LECO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lincoln Electric Elects Marc A. Howze to Its Board of Directors
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/56a01af6-4dba-4eaa-9ad0-0ba298ea818a
Lincoln Electric Announces 11% Dividend Increase
CLEVELAND, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend, from $0.64 per share to $0.71 per share, or to...
Dividend Growth Predictions For 15 Companies Announcing Annual Boosts In October
Fifteen long-term dividend growth companies, AbbVie among them, will announce their annual increases in October. Most of the increases will be in the single digit range, with 10%+ increases expected from A. O. Smith, Lincoln Electric and Waste Connections. Microsoft...
Source: https://incomestatements.info
Category: Stock Reports