Lincoln Financial Statements From 2010 to 2024

LECO Stock  USD 213.52  5.01  2.40%   
Lincoln Electric financial statements provide useful quarterly and yearly information to potential Lincoln Electric Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Lincoln Electric financial statements helps investors assess Lincoln Electric's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Lincoln Electric's valuation are summarized below:
Gross Profit
1.3 B
Profit Margin
0.1193
Market Capitalization
12 B
Enterprise Value Revenue
3.1906
Revenue
B
We have found one hundred twenty available fundamental ratios for Lincoln Electric, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Lincoln Electric's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 24th of November 2024, Market Cap is likely to grow to about 7.9 B. Also, Enterprise Value is likely to grow to about 2.8 B

Lincoln Electric Total Revenue

2.29 Billion

Check Lincoln Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lincoln Electric's main balance sheet or income statement drivers, such as Depreciation And Amortization of 60.5 M, Interest Expense of 46.6 M or Selling General Administrative of 451.9 M, as well as many indicators such as Price To Sales Ratio of 3.12, Dividend Yield of 0.0198 or PTB Ratio of 10.01. Lincoln financial statements analysis is a perfect complement when working with Lincoln Electric Valuation or Volatility modules.
  
Check out the analysis of Lincoln Electric Correlation against competitors.

Lincoln Electric Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.8 B3.4 B2.2 B
Slightly volatile
Short and Long Term Debt Total1.2 B1.2 B580.8 M
Slightly volatile
Other Current Liabilities448.1 M426.7 M293.9 M
Slightly volatile
Total Current Liabilities414 M754.6 M514.7 M
Slightly volatile
Total Stockholder Equity886.8 M1.3 B982 M
Very volatile
Property Plant And Equipment Net425.9 M628.6 M464.3 M
Slightly volatile
Retained Earnings3.9 B3.7 B2.4 B
Slightly volatile
Accounts Payable172 M325.4 M226.8 M
Slightly volatile
Cash218.1 M393.8 M270.9 M
Very volatile
Non Current Assets Total1.8 B1.7 B1.1 B
Slightly volatile
Non Currrent Assets Other185.5 M107.5 M287 M
Slightly volatile
Cash And Short Term Investments226.9 M393.8 M283.5 M
Very volatile
Net Receivables315.8 M580.6 M367.2 M
Slightly volatile
Common Stock Shares Outstanding63.2 M58.2 M67.6 M
Slightly volatile
Liabilities And Stockholders Equity1.8 B3.4 B2.2 B
Slightly volatile
Non Current Liabilities Total1.4 B1.3 B750.6 M
Slightly volatile
Inventory332.1 M562.9 M379.4 M
Slightly volatile
Other Current Assets148 M155.8 M527.5 M
Slightly volatile
Total Liabilities2.2 B2.1 B1.3 B
Slightly volatile
Property Plant And Equipment Gross1.5 B1.5 B709.7 M
Slightly volatile
Total Current Assets967.1 M1.7 B1.1 B
Slightly volatile
Short Term Debt2.3 M2.4 M30.1 M
Very volatile
Intangible Assets96.6 M186.7 M134.6 M
Slightly volatile
Common Stock Total Equity8.4 M11.3 M9.5 M
Slightly volatile
Common Stock8.2 M11.3 M9.5 M
Slightly volatile
Other Liabilities169 M169.4 M185.7 M
Pretty Stable
Other Assets140 M189.9 M186.6 M
Slightly volatile
Long Term Debt1.2 B1.1 B535 M
Slightly volatile
Good Will729.2 M694.5 M314.7 M
Slightly volatile
Property Plant Equipment462.1 M626.6 M472.2 M
Slightly volatile
Net Tangible Assets142.1 M149.6 M614.7 M
Slightly volatile
Retained Earnings Total Equity2.5 B3.8 B2.4 B
Slightly volatile
Long Term Debt Total1.3 B1.3 B561.9 M
Slightly volatile
Capital Surpluse343.6 M554.1 M330.5 M
Slightly volatile
Deferred Long Term Liabilities18.6 M19.6 M35.5 M
Pretty Stable
Long Term Investments2.5 M2.7 M25.7 M
Slightly volatile
Non Current Liabilities Other145.4 M197.9 M179.4 M
Pretty Stable
Deferred Long Term Asset Charges15.9 M12.8 M18 M
Slightly volatile
Short and Long Term Debt2.3 M2.4 M15.3 M
Slightly volatile
Net Invested CapitalB2.4 B1.7 B
Slightly volatile
Net Working Capital753.8 M938.5 M764.3 M
Slightly volatile
Capital Stock7.9 M8.9 M9.7 M
Slightly volatile

Lincoln Electric Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization60.5 M86.7 M71.2 M
Slightly volatile
Selling General Administrative451.9 M758.9 M545.3 M
Slightly volatile
Total Revenue2.3 B4.2 B2.8 B
Slightly volatile
Gross Profit746.9 M1.5 B924.3 M
Slightly volatile
Other Operating ExpensesB3.5 B2.4 B
Slightly volatile
Operating Income753.7 M717.8 M389.7 M
Slightly volatile
EBIT738 M702.8 M418.2 M
Slightly volatile
EBITDA829 M789.5 M491.4 M
Slightly volatile
Cost Of Revenue1.5 B2.7 B1.9 B
Slightly volatile
Total Operating Expenses461.5 M776.6 M549 M
Slightly volatile
Income Before Tax721.2 M686.9 M378.9 M
Slightly volatile
Net Income572.5 M545.2 M286.5 M
Slightly volatile
Income Tax Expense72 M141.6 M87.6 M
Pretty Stable
Research Development41.1 M71.2 M47.1 M
Slightly volatile
Net Income Applicable To Common Shares570.2 M543.1 M288.2 M
Slightly volatile
Net Income From Continuing Ops307.8 M545.2 M281.7 M
Slightly volatile
Non Recurring17.3 M13.6 M14.7 M
Slightly volatile
Tax Provision91.9 M127.8 M70.4 M
Slightly volatile
Interest Income12.2 M23.3 M15.5 M
Pretty Stable
Reconciled Depreciation85.7 M83.8 M73.9 M
Slightly volatile

Lincoln Electric Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation27.5 M26.2 M14.7 M
Slightly volatile
Free Cash Flow605.4 M576.6 M299.5 M
Slightly volatile
Begin Period Cash Flow202.4 M197.2 M268.7 M
Pretty Stable
Depreciation59.2 M86.7 M68.7 M
Slightly volatile
Dividends Paid155.4 M148 M94.4 M
Slightly volatile
Capital Expenditures63.2 M91 M63.7 M
Slightly volatile
Total Cash From Operating Activities700.9 M667.5 M365.3 M
Slightly volatile
Net Income572.5 M545.2 M286.5 M
Slightly volatile
End Period Cash Flow218.2 M393.8 M270.9 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.122.9762.0229
Slightly volatile
Dividend Yield0.01980.01190.0166
Very volatile
PTB Ratio10.019.53086.1891
Slightly volatile
Days Sales Outstanding56.550.561648.5124
Slightly volatile
Book Value Per Share23.9622.816615.1157
Slightly volatile
Free Cash Flow Yield0.05790.04620.0517
Slightly volatile
Operating Cash Flow Per Share12.2211.6375.6603
Slightly volatile
Average Payables211.1 M250.4 M250.9 M
Very volatile
Stock Based Compensation To Revenue0.00330.00630.0046
Slightly volatile
Capex To Depreciation1.291.04980.9615
Pretty Stable
PB Ratio10.019.53086.1891
Slightly volatile
EV To Sales3.323.15882.0574
Slightly volatile
Free Cash Flow Per Share10.5510.05084.6439
Slightly volatile
ROIC0.130.23610.1696
Slightly volatile
Inventory Turnover3.664.82314.9094
Slightly volatile
Net Income Per Share9.989.50514.4608
Slightly volatile
Days Of Inventory On Hand90.5175.678276.1262
Pretty Stable
Payables Turnover10.798.34188.6505
Slightly volatile
Sales General And Administrative To Revenue0.230.240.2117
Pretty Stable
Research And Ddevelopement To Revenue0.01380.0170.0165
Slightly volatile
Capex To Revenue0.03420.02170.0244
Pretty Stable
Cash Per Share7.216.86474.4641
Slightly volatile
POCF Ratio11.2318.68715.8741
Slightly volatile
Interest Coverage15.3716.178332.6886
Slightly volatile
Payout Ratio0.280.27150.3495
Pretty Stable
Capex To Operating Cash Flow0.130.13630.2097
Slightly volatile
PFCF Ratio22.7221.636120.6493
Slightly volatile
Days Payables Outstanding30.9343.755443.3122
Slightly volatile
Income Quality1.631.22431.3907
Very volatile
ROE0.440.41660.2843
Slightly volatile
EV To Operating Cash Flow11.3919.834716.0975
Slightly volatile
PE Ratio15.3122.878421.2705
Slightly volatile
Return On Tangible Assets0.230.21840.1475
Slightly volatile
EV To Free Cash Flow24.1122.964821.1568
Slightly volatile
Earnings Yield0.06830.04370.0528
Slightly volatile
Intangibles To Total Assets0.270.26090.1819
Slightly volatile
Current Ratio2.632.24372.3
Slightly volatile
Tangible Book Value Per Share5.867.45657.7896
Slightly volatile
Receivables Turnover5.757.21897.555
Slightly volatile
Graham Number73.3569.854538.3489
Slightly volatile
Shareholders Equity Per Share23.9622.816615.1054
Slightly volatile
Debt To Equity0.890.84440.6531
Slightly volatile
Capex Per Share1.671.58611.0164
Slightly volatile
Average Receivables309.5 M309.8 M284.3 M
Pretty Stable
Revenue Per Share76.7273.070844.9482
Slightly volatile
Interest Debt Per Share21.0420.04019.7554
Slightly volatile
Debt To Assets0.340.32720.2408
Slightly volatile
Enterprise Value Over EBITDA17.6116.771112.1165
Slightly volatile
Short Term Coverage Ratios287274275
Pretty Stable
Price Earnings Ratio15.3122.878421.2705
Slightly volatile
Operating Cycle147126125
Slightly volatile
Price Book Value Ratio10.019.53086.1891
Slightly volatile
Days Of Payables Outstanding30.9343.755443.3122
Slightly volatile
Dividend Payout Ratio0.280.27150.3495
Pretty Stable
Price To Operating Cash Flows Ratio11.2318.68715.8741
Slightly volatile
Price To Free Cash Flows Ratio22.7221.636120.6493
Slightly volatile
Pretax Profit Margin0.0880.16390.1194
Pretty Stable
Ebt Per Ebit0.780.95680.9575
Slightly volatile
Operating Profit Margin0.0880.17130.1226
Pretty Stable
Effective Tax Rate0.320.20620.2661
Slightly volatile
Company Equity Multiplier1.622.58042.33
Slightly volatile
Long Term Debt To Capitalization0.480.45730.3333
Slightly volatile
Total Debt To Capitalization0.480.45780.3485
Slightly volatile
Return On Capital Employed0.220.27370.2112
Pretty Stable
Debt Equity Ratio0.890.84440.6531
Slightly volatile
Ebit Per Revenue0.0880.17130.1226
Pretty Stable
Quick Ratio1.231.49781.5063
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.532.79312.1386
Very volatile
Net Income Per E B T0.560.79380.7265
Slightly volatile
Cash Ratio0.410.52180.5357
Pretty Stable
Cash Conversion Cycle10482.484480.553
Very volatile
Operating Cash Flow Sales Ratio0.080.15930.1158
Pretty Stable
Days Of Inventory Outstanding90.5175.678276.1262
Pretty Stable
Days Of Sales Outstanding56.550.561648.5124
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.520.86370.767
Pretty Stable
Cash Flow Coverage Ratios0.570.6043.1355
Slightly volatile
Price To Book Ratio10.019.53086.1891
Slightly volatile
Fixed Asset Turnover4.186.66825.8519
Very volatile
Capital Expenditure Coverage Ratio7.77.33675.4117
Slightly volatile
Price Cash Flow Ratio11.2318.68715.8741
Slightly volatile
Enterprise Value Multiple17.6116.771112.1165
Slightly volatile
Debt Ratio0.340.32720.2408
Slightly volatile
Cash Flow To Debt Ratio0.570.6043.1355
Slightly volatile
Price Sales Ratio3.122.9762.0229
Slightly volatile
Return On Assets0.170.16140.119
Slightly volatile
Asset Turnover1.461.24111.31
Slightly volatile
Net Profit Margin0.140.13010.0933
Slightly volatile
Gross Profit Margin0.360.35230.3375
Pretty Stable
Price Fair Value10.019.53086.1891
Slightly volatile
Return On Equity0.440.41660.2843
Slightly volatile

Lincoln Electric Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap7.9 B7.5 B7.8 B
Slightly volatile
Enterprise Value2.8 B2.7 B2.8 B
Slightly volatile

Lincoln Fundamental Market Drivers

Forward Price Earnings22.9885
Cash And Short Term Investments393.8 M

Lincoln Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Lincoln Electric Financial Statements

Lincoln Electric investors utilize fundamental indicators, such as revenue or net income, to predict how Lincoln Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue92.5 M97.1 M
Total Revenue4.2 B2.3 B
Cost Of Revenue2.7 B1.5 B
Sales General And Administrative To Revenue 0.24  0.23 
Research And Ddevelopement To Revenue 0.02  0.01 
Capex To Revenue 0.02  0.03 
Revenue Per Share 73.07  76.72 
Ebit Per Revenue 0.17  0.09 

Pair Trading with Lincoln Electric

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lincoln Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lincoln Electric will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lincoln Stock

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Moving against Lincoln Stock

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The ability to find closely correlated positions to Lincoln Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lincoln Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lincoln Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lincoln Electric Holdings to buy it.
The correlation of Lincoln Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lincoln Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lincoln Electric Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lincoln Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Lincoln Electric Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lincoln Electric's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lincoln Electric Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lincoln Electric Holdings Stock:
Check out the analysis of Lincoln Electric Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lincoln Electric. If investors know Lincoln will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lincoln Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
2.84
Earnings Share
8.37
Revenue Per Share
71.184
Quarterly Revenue Growth
(0.05)
The market value of Lincoln Electric Holdings is measured differently than its book value, which is the value of Lincoln that is recorded on the company's balance sheet. Investors also form their own opinion of Lincoln Electric's value that differs from its market value or its book value, called intrinsic value, which is Lincoln Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lincoln Electric's market value can be influenced by many factors that don't directly affect Lincoln Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lincoln Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lincoln Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lincoln Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.