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| Date | Value |
|---|---|
| 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 |