Lincoln Electric Holdings (LECO) Debt Ratio (2009 - 2026)
Lincoln Electric Holdings' (LECO) quarterly Debt Ratio came in at 0.3 in Q2 2026, down 10.48% YoY from 0.34 in Q2 2025, and down 10.45% on a QoQ basis from 0.34 in Q1 2026.
Lincoln Electric Holdings (LECO) Debt Ratio (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings (LECO) has 18 years of Debt Ratio data on file, last reported at 0.3 in Q2 2026.
- Quarterly Debt Ratio fell 10.48% year-over-year to 0.3 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.3 (down 10.48% YoY) and the FY2025 annual result came in at 0.34, down 3.58% from the prior year.
- Debt Ratio declined to 0.3 in Q2 2026, from 0.34 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.36 in Q4 2022 to a low of 0.26 in Q2 2022.
- A 5-year average of 0.32 and a median of 0.33 in 2024 frame the typical range for Debt Ratio.
- The widest YoY moves for Debt Ratio: up 30.65% in 2023, down 17.47% in 2023.
- Tracing LECO's Debt Ratio over 5 years: stood at 0.36 in 2022, then declined by 17.47% to 0.29 in 2023, then increased by 20.89% to 0.36 in 2024, then dropped by 3.58% to 0.34 in 2025, then fell by 11.96% to 0.3 in 2026.
- The last three Debt Ratio figures came in at 0.3 (Q2 2026), 0.34 (Q1 2026), and 0.34 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.25 Bn | 18.60 Bn | 635.20 Mn | 0.14 |
| 2 | RBC Bearings | 15.94 Bn | 15.81 Bn | 247.80 Mn | 0.16 |
| 3 | Lincoln Electric Holdings | 15.14 Bn | 14.90 Bn | 449.00 Mn | 0.30 |
| 4 | Stanley Black & Decker | 14.83 Bn | 14.24 Bn | 1.31 Bn | 0.24 |
| 5 | Toro | 9.43 Bn | 9.25 Bn | 482.70 Mn | 0.27 |
| 6 | Timken | 8.64 Bn | 8.24 Bn | 399.30 Mn | 0.31 |
| 7 | Kennametal | 2.27 Bn | 2.17 Bn | 433.56 Mn | 0.22 |
| 8 | Hillman Solutions | 1.63 Bn | 1.59 Bn | 208.09 Mn | 0.29 |
| 9 | Eastern | 151.10 Mn | 135.96 Mn | - | 0.17 |
| 10 | Chicago Rivet & Machine | 9.59 Mn | 8.82 Mn | 563,312.00 | 0.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.30 |
| Mar 31, 2026 | 0.34 |
| Dec 31, 2025 | 0.34 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.34 |
| Mar 31, 2025 | 0.35 |
| Dec 31, 2024 | 0.36 |
| Sep 30, 2024 | 1.06 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.33 |
| Dec 31, 2023 | 0.29 |
| Sep 30, 2023 | 0.33 |
| Jun 30, 2023 | 0.33 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.36 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.26 |
| Dec 31, 2021 | 0.28 |
| Sep 30, 2021 | 0.28 |