LECO · XBRL financial data

Lincoln Electric Holdings financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (LECO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	2,655	3,234	3,761	—	—	—
Revenue from contracts with customers	2,655	3,234	3,761	4,192	4,009	4,233
Cost of goods and services sold	1,784	2,166	2,480	2,726	2,536	2,699
Gross profit	871	1,069	1,281	1,465	1,473	1,534
Research and development	51	56	63	71	82	86
Selling, general and administrative	544	597	657	759	781	798
Operating income (loss)	282	462	612	718	636	718
Interest income	2	2	2	7	10	7
Interest expense	24	24	31	51	53	58
Other income (expense)	5	9	7	15	6	9
Income tax expense (benefit)	58	48	121	142	128	155
Net income (loss)	206	276	472	545	466	521
Earnings per share, basic USD per share	3.46	4.66	8.14	9.50	8.23	9.39
Earnings per share, diluted USD per share	3.42	4.60	8.04	9.37	8.15	9.32
Weighted average shares, basic millions of shares	60	59	58	57	57	55
Weighted average shares, diluted millions of shares	60	60	59	58	57	56

Fiscal years (LECO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	257	193	197	394	377	309
Accounts receivable	373	429	542	539	482	539
Inventory	381	540	665	563	544	633
Total current assets	1,112	1,290	1,558	1,693	1,645	1,740
Property and equipment, net	522	512	545	575	619	703
Right-of-use asset	44	48	45	53	54	53
Goodwill	336	430	665	694	805	887
Total assets	2,314	2,592	3,181	3,377	3,520	3,778
Accounts payable	257	330	352	325	297	365
Current portion of long-term debt	0	1	11	0	100	0
Total current liabilities	549	756	853	755	879	957
Long-term debt	715	717	1,110	1,103	1,151	1,150
Lease liability, non-current	34	39	36	42	42	40
Total liabilities	1,524	1,728	2,147	2,068	2,193	2,308
Retained earnings	2,821	2,970	3,307	3,688	3,993	4,342
Total stockholders' equity	789	864	1,034	1,309	1,327	1,470
Total liabilities and equity	2,314	2,592	3,181	3,377	3,520	3,778
Common shares outstanding (cover page) millions of shares	60	59	58	57	56	55

Fiscal years (LECO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	206	276	472	545	466	521
Stock-based compensation	15	24	25	26	24	20
Depreciation and amortization	80	81	78	87	88	99
Net cash from operating activities	351	365	383	668	599	661
Net cash from investing activities	(49)	(205)	(505)	(75)	(361)	(257)
Share repurchases	113	165	181	199	264	338
Dividends paid	118	122	131	148	162	168
Proceeds from long-term debt	—	—	405	0	550	0
Repayments of long-term debt	0	—	0	8	401	100
Net cash from financing activities	(246)	(222)	134	(412)	(245)	(462)
Net change in cash	58	(64)	4	197	(17)	(68)

SIC 3540 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 3540 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (3540) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Lincoln Electric Holdings	283	1,221	216*	54.2M	—	Q3 FY26 10-QSep 30, 2026
SPX Technologies	119	715	59*	50.1M	—	Q3 FY26 10-QSep 26, 2026
NNadded: same SIC	12	131	5.1*	not reported	—	Q3 FY26 10-QSep 30, 2026
Chicago Rivet & Machineadded: same SIC	0.8	7.2	(1.1)*	966,132	0.7 quarters	Q2 FY26 10-QJun 30, 2026
Seto Holdingsadded: same SIC	not reported	not reported	not reported	not reported	—	—

Not investment advice. Not affiliated with the U.S. SEC.