LECO vs EMR vs SWK Stock Comparison

Lincoln Electric Holdings, Emerson Electric and Stanley Black & Decker Prices as of Oct 29, 2026 Peers: Industry group
EMR Emerson Electric Co
$170.76 +8.6% 1M +25.2% 1Y
Market cap
$95.25B
P/E
37.0x
Revenue (TTM)
$18.64B
Div. yield
1.31%
Pumps and Valves Industrials
2 wins

Head to Head

12 decided of 12

Stanley Black & Decker leads on 5 of the 12 questions below (Stanley Black & Decker 5, Lincoln Electric Holdings 5, Emerson Electric 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLECOEMRSWKLeader
Larger companyMarket capitalisation $15.40B $95.25B $15.65B EMR
Cheaper on earningsLower P/E, profitable companies only 26.9x 37.0x 25.1x SWK
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.5x 25.3x 17.8x SWK
Faster revenue growthRevenue growth, trailing twelve months +11.1% +4.8% +0.6% LECO
More profitableNet margin, trailing twelve months 12.4% 13.8% 4.1% EMR
Better return on capitalReturn on invested capital 22.6% 10.9% 6.6% LECO
Less leveragedLower net debt / EBITDA 1.0x 1.8x 2.3x LECO
Higher dividend yieldTrailing dividend yield 1.11% 1.31% 3.21% SWK
Better 1-year returnPrice return, last 12 months +21.3% +25.2% +48.1% SWK
Better 5-year returnAnnualised price return, 5 years +14.8%/yr +12.0%/yr -10.4%/yr LECO
Less volatileAnnualised volatility, 1 year 30.8% 31.8% 36.5% LECO
Higher overall scoreMean of the five percentile scores vs peers 56/100 45/100 59/100 SWK

Percentile Scorecard

LECOEMRSWK

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLECOEMRSWK
Valuation 36 #131 of 203 33 #136 of 203 88 #25 of 203
Growth 46 #103 of 188 41 #112 of 188 81 #37 of 188
Profitability 95 #11 of 183 87 #24 of 183 52 #89 of 183
Financial Health 45 #120 of 216 30 #152 of 216 28 #156 of 216
Shareholder Returns 59 #63 of 152 35 #99 of 152 48 #80 of 152
Overall 56 45 59
  • LECO ranked among 222 companies in Machinery
  • EMR ranked among 222 companies in Machinery
  • SWK ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLECOEMRSWKSPY
1 month +5.0%+8.6%+16.7% +0.7%
3 months +13.6%+14.9%+8.4% +3.7%
6 months +7.3%+21.6%+32.5% +7.1%
Year to date +18.7%+28.7%+39.5% +12.8%
1 year +21.3%+25.2%+48.1% +11.9%
3 years +62.9%+93.1%+23.0% +85.2%
3 years, per year +17.7%+24.5%+7.1% +22.8%
5 years +99.7%+76.0%-42.4% +67.6%
5 years, per year +14.8%+12.0%-10.4% +10.9%
10 years +334.1%+240.9%-9.4% +262.0%
10 years, per year +15.8%+13.1%-1.0% +13.7%

Risk

MeasureLECOEMRSWKSPY
Volatility, 1Y 30.8%31.8%36.5% 12.7%
Downside volatility, 1Y 31.1%33.5%32.3% 12.6%
Beta vs S&P 500, 1Y 1.181.531.40 1.00
Return / volatility, 1Y 0.690.791.32 0.94
Max drawdown, 5Y -35.3%-29.9%-71.6% -25.4%
From 52-week high -4.9%0.0%-0.4% -1.2%
52-week high $298.88$170.76$104.00 $779.14
52-week low $220.64$123.30$62.12 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLECOEMRSWK
P/E now vs peer median 26.9xmedian 25.8x 37.0xmedian 25.8x 25.1xmedian 25.8x
P/S now vs peer median 3.3xmedian 1.9x 5.1xmedian 1.9x 1.0xmedian 1.9x
EV/EBITDA now vs peer median 17.9xmedian 14.6x 17.2xmedian 14.6x 10.9xmedian 14.6x
P/FCF now vs peer median 30.1xmedian 22.2x 27.5xmedian 22.2x 12.1xmedian 22.2x
P/B now vs peer median 9.9xmedian 2.2x 4.7xmedian 2.2x 1.7xmedian 2.2x
PEG now vs peer median 3.85median 1.45 -0.89median 1.45 -4.76median 1.45

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLECOEMRSWK
Revenue $4.64B $18.64B $15.25B
Gross profit $1.65B $9.91B $4.86B
Operating income $802.52M $4.68B $1.32B
Net income $575.27M $2.58B $620.50M
Free cash flow $511.89M $3.46B $1.29B
EPS (diluted) $10.48 $4.59 $4.12
Cash & equivalents $283.24M $2.18B $592.40M
Total debt $1.15B $13.11B $4.76B
Shares (diluted) 54.87M 561.10M 150.65M
Enterprise value $14.27B $88.00B $14.17B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLECOEMRSWK
P/E 26.9x 37.0x 25.1x
P/FCF 30.1x 27.5x 12.1x
P/Operating cash flow 23.1x 24.3x 10.1x
P/S 3.3x 5.1x 1.0x
P/B 9.9x 4.7x 1.7x
P/Tangible book 9.9x 8.1x 2.6x
EV/EBITDA 17.9x 17.2x 10.9x
EV/EBIT 20.3x 22.7x 15.0x
EV/Revenue 3.5x 5.7x 1.3x
EV/FCF 31.8x 30.7x 15.4x
EV/Operating cash flow 24.4x 27.1x 12.8x
PEG (3Y EPS CAGR) 3.85 -0.89 -4.76

Growth

14 metrics
MetricLECOEMRSWK
Revenue growth (1Y) 11.1% 4.8% 0.6%
Revenue CAGR (3Y) 4.5% 7.6% -2.0%
Gross profit growth (1Y) 7.7% 5.7% 9.3%
Gross profit CAGR (3Y) 5.5% 11.0% 11.2%
Operating income growth (1Y) 12.9% 9.2% 51.4%
Operating income CAGR (3Y) 7.0% 13.6% 149.6%
Net income growth (1Y) 9.6% -3.0% 29.7%
Net income CAGR (3Y) 4.9% -42.0% -7.7%
EPS growth (1Y) 11.0% -2.2% 30.7%
EPS CAGR (3Y) 7.0% -41.6% -5.3%
Operating cash flow growth (1Y) 0.7% 4.4% 104.3%
Operating cash flow CAGR (3Y) 0.5% 10.1% 96.8%
Free cash flow growth (1Y) -6.3% 4.4% 211.7%
Free cash flow CAGR (3Y) -3.6% 9.4% 110.2%

Profitability

14 metrics
MetricLECOEMRSWK
Gross margin 35.5% 53.2% 31.9%
EBITDA margin 19.5% 33.1% 11.9%
Operating margin 17.3% 25.1% 8.6%
Pretax margin 16.2% 17.6% 5.6%
Net margin 12.4% 13.8% 4.1%
FCF margin 11.0% 18.6% 8.5%
Operating cash flow margin 14.4% 21.0% 10.2%
Return on equity 37.0% 12.7% 6.9%
Return on assets 14.9% 6.1% 3.0%
Return on invested capital 22.6% 10.9% 6.6%
Return on capital employed 27.7% 14.9% 8.0%
Asset turnover 1.2x 0.4x 0.7x
Cash conversion (OCF / net income) 1.2x 1.5x 2.5x
Stock comp / revenue 0.5% 1.3% 0.5%

Financial Health

11 metrics
MetricLECOEMRSWK
Debt / assets 29.5% 31.1% 23.7%
Debt / equity 0.7x 0.6x 0.5x
Net debt / EBITDA 1.0x 1.8x 2.3x
Debt / FCF 2.2x 3.8x 3.7x
Liabilities / assets 60.1% 51.7% 55.4%
Equity / assets 39.9% 48.3% 44.6%
Interest coverage – – 2.8x
Current ratio 1.9x 0.9x 1.4x
Quick ratio 1.0x 0.5x 0.5x
Cash ratio 0.3x 0.2x 0.1x
Altman Z-score 7.76 4.77 2.52

Shareholder Returns

7 metrics
MetricLECOEMRSWK
Dividend yield 1.1% 1.3% 3.2%
Net buyback yield 1.8% 1.0% 1.7%
Shareholder yield 2.9% 2.3% 4.9%
Payout ratio (earnings) 30.0% 47.8% 81.0%
Payout ratio (FCF) 33.7% 35.6% 39.0%
Dividend growth (1Y) 3.5% 3.1% 1.3%
Dividend CAGR (3Y) 6.3% 0.7% 1.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLECOEMRSWK
Forward P/E 24.5xFY2026 25.3xFY2026 17.8xFY2026
EPS, next fiscal year $11.62FY2026 $6.75FY2026 $5.81FY2026
EPS growth, next FY +17.7%FY2026 +12.5%FY2026 +24.4%FY2026
EPS growth, the year after +0.4% +15.3% +5.2%
Revenue, next fiscal year $4.84BFY2026 $18.13BFY2026 $16.13BFY2026
Revenue growth, next FY +14.5%FY2026 +0.6%FY2026 +6.6%FY2026
Revenue growth, the year after +5.5% +15.3% +0.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLECOEMRSWK
Held by institutions 81.3% 82.1% 95.7%
Institutions holding 702 2,292 772
Change in shares held, QoQ +5.5% +0.9% +5.3%
Institutions buying 298 1,081 417
Institutions selling 266 799 244
Buyers to sellers 1.12 1.35 1.71

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LECOEMRSWK
LECO 1.00 0.62 0.56
EMR 0.62 1.00 0.59
SWK 0.56 0.59 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LECO, EMR and SWK?

Emerson Electric (EMR) is the largest by market capitalisation: Lincoln Electric Holdings (LECO) $15.40B, Emerson Electric (EMR) $95.25B, Stanley Black & Decker (SWK) $15.65B.

Which stock is cheaper, LECO, EMR and SWK?

Stanley Black & Decker (SWK) trades on the lowest price-to-earnings ratio (Lincoln Electric Holdings (LECO) 26.9x, Emerson Electric (EMR) 37.0x, Stanley Black & Decker (SWK) 25.1x). On next year's consensus earnings, Stanley Black & Decker (SWK) is cheapest (Lincoln Electric Holdings (LECO) 24.5x, Emerson Electric (EMR) 25.3x, Stanley Black & Decker (SWK) 17.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Lincoln Electric Holdings (LECO) grew revenue fastest over the trailing twelve months: Lincoln Electric Holdings (LECO) +11.1%, Emerson Electric (EMR) +4.8%, Stanley Black & Decker (SWK) +0.6%.

Which company is more profitable?

Emerson Electric (EMR) has the highest net margin (Lincoln Electric Holdings (LECO) 12.4%, Emerson Electric (EMR) 13.8%, Stanley Black & Decker (SWK) 4.1%). On return on invested capital, Lincoln Electric Holdings (LECO) leads (Lincoln Electric Holdings (LECO) 22.6%, Emerson Electric (EMR) 10.9%, Stanley Black & Decker (SWK) 6.6%).

Which stock has performed better?

Over the past year Stanley Black & Decker (SWK) returned the most: Lincoln Electric Holdings (LECO) +21.3%, Emerson Electric (EMR) +25.2%, Stanley Black & Decker (SWK) +48.1%. Over five years, Lincoln Electric Holdings (LECO) compounded fastest (Lincoln Electric Holdings (LECO) +14.8%/yr, Emerson Electric (EMR) +12.0%/yr, Stanley Black & Decker (SWK) -10.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Stanley Black & Decker (SWK) has the highest dividend yield: Lincoln Electric Holdings (LECO) 1.11%, Emerson Electric (EMR) 1.31%, Stanley Black & Decker (SWK) 3.21%.

Which stock is riskier?

By one-year price volatility, Lincoln Electric Holdings (LECO) has been the steadiest (Lincoln Electric Holdings (LECO) 30.8%, Emerson Electric (EMR) 31.8%, Stanley Black & Decker (SWK) 36.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LECO, EMR and SWK?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Stanley Black & Decker (SWK) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.