Lincoln Electric Holdings LECO
NASDAQ LECO
$249.27 -22.24 (-8.19%)
As of: Sep 10, 2026 · 1:56 PM EDT

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

Lincoln Electric Holdings' (LECO) quarterly Debt Ratio came in at 0.3 in Q2 2026, down 10.86% on a YoY basis from 0.34 in Q2 2025, and down 20.37% quarter-over-quarter from 0.38 in Q1 2026.

Analysis

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

Lincoln Electric Holdings (LECO) has reported Debt Ratio for 18 consecutive years, with 0.3 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio fell 10.86% year-over-year to 0.3; the trailing twelve-month figure through Jun 2026 stood at 0.3 (down 10.86% YoY), and the FY2025 full-year result was 0.38, up 6.24% from the prior year.
  • Debt Ratio slipped to 0.3 in Q2 2026 per LECO's latest filing, from 0.38 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.38 in Q4 2022 and bottomed at 0.29 in Q3 2022.
  • Historically, Debt Ratio has averaged 0.34 across 5 years, with a median of 0.34 in 2023.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio increased 28.5% in 2022, then retreated 14.33% in 2023.
  • Over 5 years, Debt Ratio stood at 0.38 in 2022, then declined by 14.33% to 0.33 in 2023, then grew by 9.47% to 0.36 in 2024, then advanced by 6.24% to 0.38 in 2025, then fell by 20.76% to 0.3 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.3, 0.38, and 0.38 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Snap-on 19.32 Bn 17.68 Bn 635.20 Mn 0.18
2 Lincoln Electric Holdings 13.62 Bn 13.38 Bn 449.00 Mn 0.30
3 Stanley Black & Decker 13.22 Bn 12.63 Bn 1.31 Bn 0.24
4 Vontier 4.37 Bn 4.11 Bn 365.00 Mn 0.47
5 Esab 4.25 Bn 4.04 Bn 307.21 Mn 0.37
6 Brady 4.03 Bn 3.84 Bn 231.13 Mn 0.01
7 Kennametal 2.22 Bn 2.13 Bn 433.56 Mn 0.23
8 Enerpac Tool 1.81 Bn 1.70 Bn 88.78 Mn 0.24
9 MSA Safety 1.45 Bn 1.25 Bn 249.29 Mn 0.23
10 Lakeland Industries 89.45 Mn 72.03 Mn 14.89 Mn 0.13
Historic Data

Historic Data

Download Data
DateValue
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