Lincoln Electric Holdings (LECO) Debt Ratio (2009 - 2026)
Lincoln Electric Holdings (LECO) posted Debt Ratio of 0.34 for Q1 2026, down 1.68% on a QoQ basis from 0.34 in Q4 2025, and down 3.11% year-over-year from 0.35 in Q1 2025.
Lincoln Electric Holdings (LECO) Debt Ratio (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.34 for Q1 2026.
- Quarterly Debt Ratio fell 3.11% year-over-year to 0.34 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.34 (down 3.11% YoY) and the FY2025 annual result came in at 0.34, down 3.58% from the prior year.
- Debt Ratio was 0.34 for Q1 2026 at Lincoln Electric Holdings, down from 0.34 in the prior quarter.
- Across five years, Debt Ratio topped out at 1.06 in Q3 2024 and bottomed at 0.26 in Q2 2022.
- A 5-year average of 0.36 and a median of 0.33 in 2023 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2024 — Debt Ratio surged 218.93% — and 2025, when it plunged 71.49%.
- Lincoln Electric Holdings' Debt Ratio stood at 0.36 in 2022, then retreated by 17.47% to 0.29 in 2023, then gained by 20.89% to 0.36 in 2024, then fell by 3.58% to 0.34 in 2025, then declined by 1.68% to 0.34 in 2026.
- Business Quant data shows LECO's Debt Ratio at 0.34 in Q1 2026, 0.34 in Q4 2025, and 0.3 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.52 Bn | 18.79 Bn | 635.20 Mn | 0.14 |
| 2 | RBC Bearings | 18.73 Bn | 18.68 Bn | 230.00 Mn | 0.17 |
| 3 | Lincoln Electric Holdings | 13.73 Bn | 13.43 Bn | 399.13 Mn | 0.34 |
| 4 | Stanley Black & Decker | 13.27 Bn | 12.93 Bn | 1.16 Bn | 0.22 |
| 5 | Timken | 9.80 Bn | 9.96 Bn | 394.00 Mn | 0.30 |
| 6 | Toro | 8.88 Bn | 8.69 Bn | 336.50 Mn | 0.29 |
| 7 | Kennametal | 2.66 Bn | 2.59 Bn | 207.98 Mn | 0.22 |
| 8 | Hillman Solutions | 1.55 Bn | 1.52 Bn | 168.58 Mn | 0.31 |
| 9 | Eastern | 147.40 Mn | 139.23 Mn | 11.93 Mn | 0.15 |
| 10 | Chicago Rivet & Machine | 9.81 Mn | 8.36 Mn | 958,459.00 | 0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.29 |