LECO Lincoln Electric Holdings PE ratio, current and historical analysis
As of Feb 21, 2025, the LECO stock has a P/E ratio of 24.44. The calculation is based on the latest EPS of $8.48 and the stock price of $207.27 per share. An increase of 4.8% has been observed in the PE ratio compared to its average of 23.3 of the past four quarters.
LECO PE ratio history
The mean historical PE ratio of Lincoln Electric Holdings over the last ten years is 24.46. The current 24.44 price-to-earnings ratio is in line with the historical average. Analyzing the last ten years, LECO's PE ratio reached its highest point in the Jun 2016 quarter at 54.7, with a price of $59.08 and an EPS of $1.08. The Mar 2020 quarter saw the lowest point at 15.27, with a price of $69 and an EPS of $4.52.
Lincoln Electric Holdings PE ratio by year
Maximum annual increase: 358.36% in 2009
Maximum annual decrease: -54.81% in 2010
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 22.89 | 28.96% | $217.46 | $9.5 |
| 2022 | 17.75 | -40.69% | $144.49 | $8.14 |
| 2021 | 29.93 | -10.92% | $139.47 | $4.66 |
| 2020 | 33.6 | 64.3% | $116.25 | $3.46 |
| 2019 | 20.45 | 14.63% | $96.73 | $4.73 |
| 2018 | 17.84 | -26.77% | $78.85 | $4.42 |
| 2017 | 24.36 | -6.6% | $91.58 | $3.76 |
| 2016 | 26.08 | -13.56% | $76.67 | $2.94 |
| 2015 | 30.17 | 40.59% | $51.89 | $1.72 |
| 2014 | 21.46 | 7.68% | $69.09 | $3.22 |
| 2013 | 19.93 | 26.94% | $71.34 | $3.58 |
| 2012 | 15.7 | 4.32% | $48.68 | $3.1 |
| 2011 | 15.05 | -28.98% | $39.12 | $2.6 |
| 2010 | 21.19 | -54.81% | $32.64 | $1.54 |
| 2009 | 46.89 | 358.36% | $26.73 | $0.57 |
Lincoln Electric Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 22.64 | 7.55% | $192.02 | $8.48 |
| Jun 2024 | 21.05 | -21.22% | $188.64 | $8.96 |
| Mar 2024 | 26.72 | 16.73% | $255.44 | $9.56 |
| Dec 2023 | 22.89 | 9.16% | $217.46 | $9.5 |
| Sep 2023 | 20.97 | -12.37% | $181.79 | $8.67 |
| Jun 2023 | 23.93 | 14.77% | $198.63 | $8.3 |
| Mar 2023 | 20.85 | 17.46% | $169.1 | $8.11 |
| Dec 2022 | 17.75 | 5.91% | $144.49 | $8.14 |
| Sep 2022 | 16.76 | -16.45% | $125.72 | $7.5 |
| Jun 2022 | 20.06 | -18.92% | $123.36 | $6.15 |
| Mar 2022 | 24.74 | -17.34% | $137.81 | $5.57 |
| Dec 2021 | 29.93 | 4.58% | $139.47 | $4.66 |
| Sep 2021 | 28.62 | 7.35% | $128.79 | $4.5 |
| Jun 2021 | 26.66 | -18.25% | $131.71 | $4.94 |
| Mar 2021 | 32.61 | -2.95% | $122.94 | $3.77 |
LECO average PE ratio chart
The current PE ratio of LECO is above its 3 and 5-year averages, but it is under its 10-year average.
LECO PE vs peers
LECO's PE ratio is less than its peer stock SWK, but it is above ITW's and KMT's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KMT Kennametal Inc | 18.23 | $1.72B |
| ITW Illinois Tool Works Inc | 22.49 | $77.57B |
| LECO Lincoln Electric Holdings Inc | 24.44 | $11.7B |
| SWK Stanley Black & Decker Inc | 44.87 | $13.58B |
| HURC Hurco Companies Inc | N/A | $131.83M |
Frequently asked questions
What is Lincoln Electric Holdings's PE ratio?
LECO's price to earnings ratio is 24.44 as of Feb 21, 2025.
What is the 3-year average PE ratio for Lincoln Electric Holdings (LECO)?
The average PE ratio for LECO stock over the past 3 years is 21.67.
What is the 5-year average PE ratio for Lincoln Electric Holdings (LECO)?
The average PE ratio for LECO stock over the past 5 years is 23.97.
What is the highest PE ratio for LECO?
Over the last ten years, the quarterly PE ratio reached its highest level at 54.7 in the Jun 2016 quarter.
How does the current PE ratio for LECO compare to its historical average?
LECO's current price to earnings ratio is 0.1% below its 10-year historical average.
How is LECO's PE ratio calculated (Lincoln Electric Holdings PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Feb 21, 2025), Lincoln Electric Holdings's share price is $207.27. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $8.48. Therefore, Lincoln Electric Holdings's price to earnings ratio for today is 24.44. PE RATIO(24.44) = STOCK PRICE($207.27) / TTM EPS($8.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.