Lincoln Electric Holdings (LECO) Debt Ratio (2009 - 2026)
Lincoln Electric Holdings' Debt Ratio came in at 0.30 for Q2 2026, down 10.9% from 0.34 a year earlier and down 20.4% from the prior quarter.
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Analysis
Lincoln Electric Holdings (LECO) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Lincoln Electric Holdings' Debt Ratio was 0.38, up 6.2% from FY2024.
- Going back by year, Debt Ratio was 0.36 in FY2024 (+9.5%), 0.33 in FY2023 (-13.5%), 0.38 in FY2022 (+27.5%) and 0.30 in FY2021 (-4.3%).
- The Q2 2026 figure represents the lowest quarterly Debt Ratio since Q3 2022.
- Year-over-year, Debt Ratio increased in seven of the last eight quarters, with growth averaging 3.6%.
- The fastest year-over-year change in Debt Ratio over five years came in Q4 2022 (growth of 27.5%), and the weakest in Q4 2023 (a decline of 13.5%).
- Business Quant data shows LECO's Debt Ratio at 0.38 (Q1 2026), 0.38 (Q4 2025) and 0.35 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 0.44 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 0.42 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 0.22 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 0.37 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 0.28 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 0.18 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 0.31 |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 0.36 |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 0.59 |
| 10 | Lincoln Electric Holdings | 14.42 Bn | 13.28 Bn | 449.00 Mn | 0.30 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.30 |
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.38 |
| Sep 30, 2025 | 0.35 |
| Jun 30, 2025 | 0.34 |
| Mar 31, 2025 | 0.35 |
| Dec 31, 2024 | 0.36 |
| Sep 30, 2024 | 0.34 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.33 |
| Dec 31, 2023 | 0.33 |
| Sep 30, 2023 | 0.33 |
| Jun 30, 2023 | 0.34 |
| Mar 31, 2023 | 0.36 |
| Dec 31, 2022 | 0.38 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.32 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.30 |
API Access
Lincoln Electric Holdings Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=LECO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "LECO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=LECO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();