Touchstone
Last syncNov 1, 2026, 6:55 PM ET

LECO

Lincoln Electric Holdings Inc Industrials Metalworkg Machinery & Equipment Russell 3000
$276.92Close $15.2BMarket cap $218.56 – $297.0252-week range Late-januaryNext report · estimated

Highlights

Strengths

  • Tight base near its pivot pullbacks 17% → 8% → 6%; 4.3% above its $265.48 pivot
  • Accumulation up-day volume 1.6× down-day volume over 50 sessions

Cautions

  • Not in an uptrend 5 of 8 trend conditions

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 27, 2026
Off 12-month high 7%
1wk up 8.2% price change
1mo up 4.7% price change
12-month return up 18% market up 11% · its own up 8%
F-score 7 / 9 Strong
Altman Z 7.55 Low risk
P/E 29.2× price / earnings
PEG 2.04 P/E / EPS growth
P/B 10.3× price / book
Earnings yield up 4.5% EBIT / enterprise value
Cheaper than 43% of the market · around average
Revenue growth up 6% year on year
EPS growth up 19% latest quarter · +7 pts
Sales growth up 15% latest quarter · +3 pts
ROE up 37% return on equity
Free cash margin up 13% $534.2M FCF
D/E 0.78 long-term debt / equity
Net debt / EBITDA 1.0×
Interest cover —EBIT / interest
Piotroski tests
  • short-term liquidity weakened
  • gross margin narrowed
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • reduced long-term debt
  • no new shares issued
  • assets working harder

Repair signals

  • Revenue reaccelerating (-4% then +6%)

Trade setup

ATR% 3.1% $8.53 a day · 2×ATR $259.87
RS 57 / 99 vs the universe
Trend 5 / 8 150-day under the 200-day, under 30% off the low, RS under 70
Relative volume 1.0× vs 50-day average
Up/down volume 1.61 50 sessions
Implied move — no scheduled report
Contractions 3 17% → 8% → 6%
Pivot $265.48 4.3% above
Volume dry-up 1.0× 10 vs 50 sessions
Trend template · 5 of 8
  • Price above the 150 and 200-day averages: passes
  • 150-day average above the 200-day: fails
  • 200-day average rising for a month: passes
  • 50-day average above the 150 and 200-day: passes
  • Price above the 50-day average: passes
  • At least 30% above the 52-week low: fails
  • Within 25% of the 52-week high: passes
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Oct 27, 2026
Results reaction Oct 27, 2026+8% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $4.2B +6% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $2.7B FY2021 · $3.2B FY2022 · $3.8B FY2023 · $4.2B FY2024 · $4.0B FY2025 · $4.2B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $520.5M +12% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $206.1M FY2021 · $276.6M FY2022 · $472.2M FY2023 · $545.2M FY2024 · $466.1M FY2025 · $520.5M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $534.2M +11% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $292.2M FY2021 · $302.5M FY2022 · $311.5M FY2023 · $576.6M FY2024 · $482.4M FY2025 · $534.2M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 36%
  • Net 12%
  • Free cash 13%
0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 33% · Net 8% · Free cash 11% FY2021 · Gross 33% · Net 9% · Free cash 9% FY2022 · Gross 34% · Net 13% · Free cash 8% FY2023 · Gross 35% · Net 13% · Free cash 14% FY2024 · Gross 37% · Net 12% · Free cash 12% FY2025 · Gross 36% · Net 12% · Free cash 13%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $841.4M net debt
  • Cash
  • Long-term debt
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $257.3M · Long-term debt $715.5M FY2021 · Cash $193.0M · Long-term debt $717.1M FY2022 · Cash $197.2M · Long-term debt $1.1B FY2023 · Cash $393.8M · Long-term debt $1.1B FY2024 · Cash $377.3M · Long-term debt $1.2B FY2025 · Cash $308.8M · Long-term debt $1.2B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 54.85m -8.0% since FY2020
59.64m 54.85m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 59.64m FY2021 · 58.79m FY2022 · 57.62m FY2023 · 56.98m FY2024 · 56.21m FY2025 · 54.85m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $2.7B $3.2B $3.8B $4.2B $4.0B $4.2B
Gross margin 33% 33% 34% 35% 37% 36%
Operating income $282.1M $461.7M $612.3M $717.8M $636.5M $718.1M
Net income $206.1M $276.6M $472.2M $545.2M $466.1M $520.5M
Net margin 8% 9% 13% 13% 12% 12%
Earnings per share $3.42 $4.60 $8.04 $9.37 $8.15 $9.32
Free cash flow $292.2M $302.5M $311.5M $576.6M $482.4M $534.2M
Free cash margin 11% 9% 8% 14% 12% 13%
Cash $257.3M $193.0M $197.2M $393.8M $377.3M $308.8M
Long-term debt $715.5M $717.1M $1.1B $1.1B $1.2B $1.2B
Shareholders' equity $790.2M $863.9M $1.0B $1.3B $1.3B $1.5B
Shares outstanding 59.64m 58.79m 57.62m 56.98m 56.21m 54.85m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 27, 2026 Quarterly ↗ Sep 30, 2026 27d
Jul 30, 2026 Quarterly ↗ Jun 30, 2026 30d
Apr 30, 2026 Quarterly ↗ Mar 31, 2026 30d
Feb 25, 2026 Annual ↗ Dec 31, 2025 56d
Oct 30, 2025 Quarterly ↗ Sep 30, 2025 30d
Jul 31, 2025 Quarterly ↗ Jun 30, 2025 31d
Apr 30, 2025 Quarterly ↗ Mar 31, 2025 30d
Feb 26, 2025 Annual ↗ Dec 31, 2024 57d
Oct 31, 2024 Quarterly ↗ Sep 30, 2024 31d
Jul 31, 2024 Quarterly ↗ Jun 30, 2024 31d
Apr 25, 2024 Quarterly ↗ Mar 31, 2024 25d
Feb 27, 2024 Annual ↗ Dec 31, 2023 58d

Current reports

FiledDisclosed
Oct 27, 2026 Results ↗
Aug 11, 2026 Director or officer change ↗
Jul 30, 2026 Results ↗
Apr 30, 2026 Results ↗
Apr 21, 2026 Shareholder vote ↗
Feb 12, 2026 Results ↗
Oct 30, 2025 Results ↗
Oct 20, 2025 Director or officer change ↗
Jul 31, 2025 Results ↗
Apr 30, 2025 Results ↗
Apr 28, 2025 Shareholder vote ↗
Feb 24, 2025 Director or officer change ↗