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
DateValue
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