Lincoln Electric Holdings Inc (LECO) Stock Analysis
Market Closed
Sector: Industrials · Industry: Metalworkg Machinery & Equipment
AnalystsBuy19 analystsPrice History
5-Year Weekly Candlestick Chart
Profile
Strong earnings quality, profitability and financial health; valuation lags behind.
How is each axis scored?
- Valuation49/100 · Weak
- P/E vs own history (79th pct)5/25
- FCF yield (3.0%)12/25
- P/S (3.3x)20/25
- EV/EBIT (20.9x)12/25
- Growth72/100 · Moderate
- Revenue CAGR (7.0%)12/25
- Net income CAGR (17.1%)20/25
- EPS CAGR 5Y (19.3%)20/25
- Fwd implied growth (25.7%)20/25
- Profitability85/100 · Strong
- ROIC (23.1%)20/25
- ROE (35.6%)25/25
- Net margin (12.4%)20/25
- Operating margin (17.0%)20/25
- Financial Health80/100 · Strong
- Altman Z (5.98)25/25
- Current ratio (1.83)18/25
- Interest coverage (10.6x)25/25
- Net cash / debt (D/A 26%)12/25
- Quality94/100 · Strong
- Piotroski F (7/9)22/25
- Beneish M (-2.56)25/25
- FCF conversion (81%)22/25
- Margin stability (σ 2.3%)25/25
About Lincoln Electric Holdings Inc
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. Show more
Its portfolio includes arc-welding solutions, plasma and oxy-fuel cutting systems, brazing and soldering alloys, and automation solutions. Lincoln Electric serves clients across general fabrication, heavy industries, automotive, construction, shipbuilding, energy, and process industries, among others. The company generated roughly $4.2 billion in sales in 2025.
Headquarters: CLEVELAND, OH · Employees: 12,000 · Website ↗
Insider Transactions
Recent SEC Form 4 filings
- SellTax withholding · filed 2026-08-24-409 sh2026-08-21
- SellTax withholding · filed 2026-07-27-216 sh2026-07-23
- SellTax withholding · filed 2026-05-05-44 sh2026-05-01
- BuyGrant / award · filed 2026-04-20+688 sh2026-04-17
- BuyGrant / award · filed 2026-04-20+688 sh2026-04-17
+3 more recent filings
Key Metrics
Financial snapshot — pillar inputs plus per-share and market context
Valuation
49D+P/E (TTM)27.2xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 16.5x–32.9x · 79th pct
P/FCF26.8xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield3.0%C
Grade C: LowTTM FCF / Market Cap — vs own 5Y history: 2.7%–6.0% · 5th pct
P/S (TTM)3.33xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 2.0x–4.0x · 86th pct
EV/EBIT20.9xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 13.2x–24.7x · 81st pct
EV/Sales3.4xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E21.7xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio9.57xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio2.48C
Grade C: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield1.17%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio32.3%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
85AROIC23.1%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE35.6%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA14.5%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin12.4%A
Grade A: HighNet Income / Revenue
Operating Margin17.0%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin36.0%C
Grade C: AverageGross Profit / Revenue
FCF Margin10.1%C
Grade C: AverageFCF / Revenue
True FCF Margin9.6%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Financial Health
80AAltman Z-Score5.98A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.83xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.16xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage10.6xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment2.3yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT1.4xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.87xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.23xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Growth
72B+Revenue CAGR7.0%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR17.1%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)19.3%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth25.7%C
Grade C: MedImplied 1Y EPS growth from forward P/E vs our TTM EPS. Sparse — only where forward estimates exist
Dilution (5Y)-8.4%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income4.0%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.5%A
Grade A: LowTTM stock-based comp / TTM Revenue
Quality
94A+Piotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.56A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion81.4%A
Grade A: StrongFCF / Net Income
Margin Stability2.3%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue3.2%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover1.12xA
Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
More metrics — Per Share, Balance Sheet, MarketHide additional metrics
Per Share
EPS (TTM)$9.75
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$5.63
Cash & short-term investments per share (Finnhub)
Book Value / Share$26.80
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$1.31B
Total debt obligations (short + long term)
Cash & Equiv.$298.90M
Cash and short-term investments
Net Debt$1.01B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$1.51B
Shareholders' equity (book value)
Asset / Liability1.63xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$14.47B
Current Market Capitalization
Beta1.21C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
Takeaway
LECO demonstrates robust profitability and exceptional financial health, characterized by a strong Altman Z-score and rapid debt repayment capability, while its current valuation trades near its historical median.
Takes ~2.3 years to repay net debt from free cash flow. · Current P/E of 27.2x sits at the 79th percentile of its historical range.
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Mar 2026 · Ratio snapshot Sep 24, 2026
Key Insights: Lincoln Electric Holdings Inc (LECO)
Composite verdict for Lincoln Electric Holdings Inc: LECO demonstrates robust profitability and exceptional financial health, characterized by a strong Altman Z-score and rapid debt repayment capability, while its current valuation trades near its historical median.. Lincoln Electric Holdings Inc meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 5.98 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk.
- Beneish M-Score of -2.56 suggests a low likelihood of earnings manipulation.
- Takes ~2.3 years to repay net debt from free cash flow.
- Return on equity of 35.6% is well above the market average.
See how LECO ranks on the Capex Tracker — top 50 capital spenders compared.
No significant market moves for LECO in the last 30 days.
See LECO move history →Frequently Asked Questions about LECO
Is LECO stock a buy right now?
PreMarketPrice's quantitative model rates Lincoln Electric Holdings Inc's financial health at 80/100 — LECO demonstrates robust profitability and exceptional financial health, characterized by a strong Altman Z-score and rapid debt repayment capability, while its current valuation trades near its historical median.. This is a data-driven snapshot of fundamentals, not investment advice.
Is LECO stock overvalued?
Lincoln Electric Holdings Inc trades at a trailing P/E of 27.2 and our valuation score rates it 49/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Lincoln Electric Holdings Inc report earnings?
No confirmed earnings date is currently scheduled for LECO. The Earnings section lists recent reports and updates as dates are announced.
What sector does Lincoln Electric Holdings Inc operate in?
Lincoln Electric Holdings Inc operates in the Industrials sector, within the Metalworkg Machinery & Equipment industry. The Related Stocks section lists sector peers for comparison.
What does Lincoln Electric Holdings Inc do?
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products.
About Lincoln Electric Holdings Inc (LECO) Stock
Lincoln Electric Holdings Inc (LECO) is a US-listed stock operating in the Industrials sector, specifically the Metalworkg Machinery & Equipment industry. Real-time pricing data for Lincoln Electric Holdings Inc is available on this page with a market capitalization of $14.5 billion. The financial health score for LECO is 80/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for LECO stock.
LECO Stock Analysis & Key Metrics
On PreMarketPrice, you can track Lincoln Electric Holdings Inc (LECO) across multiple dimensions:
- Pre-market price & movement: Real-time LECO stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for LECO with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Lincoln Electric Holdings Inc across multiple reporting periods.
- Financial health score: A composite score of 80/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for LECO.
- Sector peers: Compare LECO against 10 other industrials stocks on key financial metrics.
Is LECO a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Lincoln Electric Holdings Inc (LECO) as an investment. The financial health score of 80/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Lincoln Electric Holdings Inc (LECO) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.