LECO Lincoln Electric Holdings Inc
Price (delayed)
$176.976
Market cap
$9.93B
P/E Ratio
21.5
Dividend/share
$2.92
EPS
$8.23
Enterprise value
$10.81B
Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment and has a
Highlights
The stock's price to earnings (P/E) is 14% less than its 5-year quarterly average of 24.4 and 10% less than its last 4 quarters average of 23.3
The gross margin has increased by 4.9% year-on-year
The quick ratio has declined by 21% year-on-year
LECO's net income is down by 15% YoY and by 3.4% from the previous quarter
Key stats
What are the main financial stats of LECO
Market
Valuations
Earnings
Shares outstanding
56.1M
Market cap
$9.93B
Enterprise value
$10.81B
Price to earnings (P/E)
21.5
Price to book (P/B)
7.52
Price to sales (P/S)
2.49
EV/EBIT
16.97
EV/EBITDA
14.91
EV/Sales
2.7
Revenue
$4.01B
Gross profit
$1.47B
Operating income
$636.46M
Net income
$466.11M
EBIT
$636.94M
EBITDA
$725.17M
Free cash flow
$490.17M
Per share
Balance sheet
Liquidity
EPS
$8.23
EPS diluted
$8.15
Free cash flow per share
$8.69
Book value per share
$23.53
Revenue per share
$71.04
TBVPS
$44.2
Total assets
$3.52B
Total liabilities
$2.19B
Debt
$1.26B
Equity
$1.33B
Working capital
$766.48M
Debt to equity
0.95
Current ratio
1.87
Quick ratio
0.98
Net debt/EBITDA
1.22
Margins
Efficiency
Dividend
EBITDA margin
18.1%
Gross margin
36.7%
Net margin
11.6%
Operating margin
15.9%
Return on assets
13.3%
Return on equity
35.3%
Return on invested capital
24%
Return on capital employed
24.1%
Return on sales
15.9%
Dividend yield
1.65%
DPS
$2.92
Payout ratio
35.5%
LECO stock price
How has the Lincoln Electric Holdings stock price performed over time
Intraday
2.74%
1 week
-1.73%
1 month
-7.83%
1 year
-24.74%
YTD
-5.6%
QTD
-6.44%
Financial performance
How have Lincoln Electric Holdings's revenue and profit performed over time
Revenue
$4.01B
Gross profit
$1.47B
Operating income
$636.46M
Net income
$466.11M
Gross margin
36.7%
Net margin
11.6%
LECO's net income is down by 15% YoY and by 3.4% from the previous quarter
The operating income has declined by 11% year-on-year and by 4.1% since the previous quarter
LECO's net margin is down by 11% year-on-year and by 2.5% since the previous quarter
The company's operating margin fell by 7% YoY and by 3% QoQ
Growth
What is Lincoln Electric Holdings's growth rate over time
Valuation
What is Lincoln Electric Holdings stock price valuation
P/E
21.5
P/B
7.52
P/S
2.49
EV/EBIT
16.97
EV/EBITDA
14.91
EV/Sales
2.7
The stock's price to earnings (P/E) is 14% less than its 5-year quarterly average of 24.4 and 10% less than its last 4 quarters average of 23.3
The EPS has contracted by 13% YoY and by 2.9% from the previous quarter
LECO's price to book (P/B) is 17% less than its last 4 quarters average of 8.8 and 16% less than its 5-year quarterly average of 8.7
The price to sales (P/S) is 17% less than the last 4 quarters average of 2.9 and 3.2% less than the 5-year quarterly average of 2.5
The company's revenue fell by 4.4% YoY
Efficiency
How efficient is Lincoln Electric Holdings business performance
The company's return on equity fell by 21% YoY and by 3.6% QoQ
The return on assets has declined by 19% year-on-year and by 4.3% since the previous quarter
LECO's return on invested capital is down by 14% year-on-year and by 4.8% since the previous quarter
The ROS has contracted by 9% YoY and by 3% from the previous quarter
Dividends
What is LECO's dividend history
DPS
$2.92
Dividend yield
1.65%
Payout ratio
35.5%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Lincoln Electric Holdings financials performed over time
The total assets is 61% greater than the total liabilities
The quick ratio has declined by 21% year-on-year
The current ratio has declined by 17% year-on-year
LECO's debt is 5% smaller than its equity
LECO's debt is up by 14% year-on-year
The company's debt to equity rose by 13% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.