Lincoln Electric Holdings (LECO) is trading up at $278.57 (+1.53%), as of the latest quote. It is a Russell 1000 constituent in the Industrials sector.
Analyst price targets on LECO
One firm's current price target on Lincoln Electric Holdings: $283 — 2% above the current $279. Each is tracked to its date and scored the same way a member's call is.
- Morgan Stanley $277 → $283 by Aug 2027 Aug 10, 2026 via Investing.com · Morgan Stanley's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Lincoln Electric Holdings revenue & net income history (FY2016–FY2025)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $2.27B | $2.62B | $3.03B | $3.00B | $2.66B | $3.23B | $3.76B | $4.19B | $4.01B | $4.23B |
| Growth (year over year) | −10.3% | +15.4% | +15.4% | −0.8% | −11.6% | +21.8% | +16.3% | +11.4% | −4.4% | +5.6% |
| Gross profit | $786.6M | $875.1M | $1.03B | $1.01B | $871.3M | $1.07B | $1.28B | $1.47B | $1.47B | $1.53B |
| Gross margin | 34.6% | 33.3% | 34.0% | 33.5% | 32.8% | 33.0% | 34.1% | 35.0% | 36.7% | 36.2% |
| Operating income | $283.6M | $376.9M | $375.5M | $370.9M | $282.1M | $461.7M | $612.3M | $717.8M | $636.5M | $718.1M |
| Operating margin | 12.5% | 14.4% | 12.4% | 12.4% | 10.6% | 14.3% | 16.3% | 17.1% | 15.9% | 17.0% |
| Net income | $198.4M | $247.5M | $287.1M | $293.1M | $206.1M | $276.6M | $472.2M | $545.2M | $466.1M | $520.5M |
| Net margin | 8.7% | 9.4% | 9.5% | 9.8% | 7.8% | 8.6% | 12.6% | 13.0% | 11.6% | 12.3% |
| EPS (diluted) | $2.91 | $3.71 | $4.37 | $4.68 | $3.42 | $4.60 | $8.04 | $9.37 | $8.15 | $9.32 |
| Balance sheet | ||||||||||
| Cash and equivalents | $379.2M | $326.7M | $358.8M | $199.6M | $257.3M | $193.0M | $197.2M | $393.8M | $377.3M | $308.8M |
| Total assets | $1.94B | $2.41B | $2.35B | $2.37B | $2.31B | $2.59B | $3.18B | $3.38B | $3.52B | $3.78B |
| Total liabilities | $1.23B | $1.47B | $1.46B | $1.55B | $1.52B | $1.73B | $2.15B | $2.07B | $2.19B | $2.31B |
| Long-term debt | $703.7M | $704.1M | $702.5M | $712.3M | $715.5M | $717.1M | $1.11B | $1.10B | $1.15B | $1.15B |
| Shareholders' equity | $711.5M | $931.6M | $886.9M | $818.2M | $790.3M | $863.9M | $1.03B | $1.31B | $1.33B | $1.47B |
| Cash flow | ||||||||||
| Operating cash flow | $312.6M | $334.8M | $329.2M | $403.2M | $351.4M | $365.1M | $383.4M | $667.5M | $599.0M | $661.2M |
| Capital expenditure | $49.9M | $61.7M | $71.2M | $69.6M | $59.2M | $62.5M | $71.9M | $91.0M | $116.6M | $127.0M |
| Free cash flow | $262.7M | $273.2M | $257.9M | $333.6M | $292.2M | $302.5M | $311.5M | $576.6M | $482.4M | $534.2M |
| Dividends paid | $87.3M | $92.5M | $102.1M | $117.9M | $118.1M | $121.9M | $130.7M | $148.0M | $162.1M | $168.2M |
| Share buybacks | $342.0M | $43.2M | $201.7M | $292.7M | $113.5M | $164.5M | $181.3M | $198.8M | $263.8M | $338.3M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $983.8M | $1.02B | $1.00B | $1.09B | $1.06B | $1.08B | $1.12B | $1.22B |
| Growth (year over year) | −4.8% | −3.4% | +2.4% | +6.6% | +7.9% | +5.5% | +11.7% | +12.0% |
| Gross profit | $352.1M | $368.6M | $365.4M | $405.5M | $389.3M | $373.9M | $399.1M | $449.0M |
| Gross margin | 35.8% | 36.1% | 36.4% | 37.3% | 36.7% | 34.7% | 35.6% | 36.8% |
| Operating income | $145.6M | $177.0M | $164.9M | $192.1M | $176.7M | $184.3M | $186.2M | $220.6M |
| Operating margin | 14.8% | 17.3% | 16.4% | 17.6% | 16.6% | 17.1% | 16.6% | 18.1% |
| Net income | $100.8M | $140.2M | $118.5M | $143.4M | $122.6M | $136.0M | $136.4M | $158.5M |
| Net margin | 10.2% | 13.7% | 11.8% | 13.2% | 11.6% | 12.6% | 12.2% | 13.0% |
| EPS (diluted) | $1.77 | $2.47 | $2.10 | $2.56 | $2.21 | $2.45 | $2.47 | $2.88 |
| Balance sheet | ||||||||
| Cash and equivalents | $404.2M | $377.3M | $394.7M | $299.5M | $293.0M | $308.8M | $298.9M | $242.4M |
| Total assets | $3.66B | $3.52B | $3.63B | $3.73B | $3.82B | $3.78B | $3.90B | $3.81B |
| Total liabilities | $2.33B | $2.19B | $2.28B | $2.35B | $2.40B | $2.31B | $2.39B | $2.26B |
| Long-term debt | $1.15B | $1.15B | $1.15B | $1.15B | $1.15B | $1.15B | $1.15B | $1.15B |
| Shareholders' equity | $1.34B | $1.33B | $1.34B | $1.38B | $1.41B | $1.47B | $1.51B | $1.55B |
| Cash flow | ||||||||
| Operating cash flow | $199.2M | $95.8M | $185.7M | $143.8M | $236.7M | $95.0M | $102.2M | $253.8M |
| Capital expenditure | $35.7M | $31.5M | $26.9M | $25.4M | $31.6M | $42.9M | $39.2M | $31.4M |
| Free cash flow | $163.5M | $64.3M | $158.7M | $118.4M | $205.1M | $52.0M | $63.0M | $222.3M |
| Dividends paid | $40.3M | $40.2M | $43.0M | $41.9M | $41.6M | $41.8M | $44.1M | $43.4M |
| Share buybacks | $50.4M | $52.5M | $106.7M | $127.1M | $52.7M | $51.8M | $56.7M | $76.1M |
From Lincoln Electric Holdings's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Lincoln Electric Holdings
- Headquarters
- Cleveland, Ohio From SEC filings, Oct 2026
Recent News (1)
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