Lincoln Electric Holdings (LECO) Debt Ratio (2009 - 2026)

Lincoln Electric Holdings (LECO) reported Debt Ratio of 0.34 for Q1 2026, down 3.11% on a YoY basis from 0.35 in Q1 2025, and down 1.68% quarter-over-quarter from 0.34 in Q4 2025.

Lincoln Electric Holdings (LECO) Debt Ratio (2009 - 2026) Analysis & Trends

Lincoln Electric Holdings has reported Debt Ratio for 18 years, with the latest figure at 0.34 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 3.11% year-over-year to 0.34; the trailing twelve-month figure through Mar 2026 stood at 0.34 (down 3.11% YoY), and the FY2025 full-year result was 0.34, down 3.58% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.34, down from 0.34 in the prior quarter.
  • The five-year high for Debt Ratio was 0.36 in Q4 2024, with the low at 0.26 in Q2 2022.
  • Historically, Debt Ratio has averaged 0.32 across 5 years, with a median of 0.33 in 2023.
  • The largest YoY upside for Debt Ratio was 30.65% in 2023 against a maximum downside of 16.65% in 2023.
  • Lincoln Electric Holdings' Debt Ratio stood at 0.35 in 2022, then fell by 16.65% 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 slipped by 1.68% to 0.34 in 2026.
  • The last three Debt Ratio figures came in at 0.34 (Q1 2026), 0.34 (Q4 2025), and 0.32 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Snap-on 19.71 Bn 17.98 Bn 223.10 Mn 0.10
2 RBC Bearings 18.58 Bn 18.52 Bn 230.00 Mn 0.17
3 Lincoln Electric Holdings 14.37 Bn 14.06 Bn 399.13 Mn 0.34
4 Stanley Black & Decker 11.91 Bn 11.58 Bn 1.16 Bn 0.30
5 Timken 9.17 Bn 9.33 Bn 394.00 Mn 0.30
6 Toro 8.55 Bn 8.36 Bn 336.50 Mn 0.29
7 Kennametal 2.49 Bn 2.42 Bn 207.98 Mn 0.22
8 Hillman Solutions 1.44 Bn 1.41 Bn 168.58 Mn 0.31
9 Eastern 129.83 Mn 121.67 Mn 11.93 Mn 0.15
10 Chicago Rivet & Machine 9.85 Mn 8.40 Mn 958,459.00 0.04

Historic Data

Download Data
DateValue
Mar 31, 2026 0.34
Dec 31, 2025 0.34
Sep 30, 2025 0.32
Jun 30, 2025 0.34
Mar 31, 2025 0.35
Dec 31, 2024 0.36
Sep 30, 2024 0.29
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 0.35
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