Lincoln Electric Holdings (LECO) Debt to Equity (2009 - 2026)

Lincoln Electric Holdings (LECO) reported Debt to Equity of $0.87 for Q1 2026, down 7.55% on a YoY basis from $0.94 in Q1 2025, and down 1.27% quarter-over-quarter from $0.88 in Q4 2025.

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

Lincoln Electric Holdings has reported Debt to Equity for 18 years, with the latest figure at $0.87 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 7.55% year-over-year to $0.87; the trailing twelve-month figure through Mar 2026 stood at $0.87 (down 7.55% YoY), and the FY2025 full-year result was $0.88, down 6.55% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.87, down from $0.88 in the prior quarter.
  • The five-year high for Debt to Equity was $1.08 in Q4 2022, with the low at $0.77 in Q3 2022.
  • Historically, Debt to Equity has averaged $0.89 across 5 years, with a median of $0.88 in 2025.
  • Annual changes were most pronounced in 2022 — Debt to Equity jumped 30.52% — and 2023, when it retreated 22.31%.
  • Lincoln Electric Holdings' Debt to Equity stood at $1.08 in 2022, then dropped by 22.31% to $0.84 in 2023, then climbed by 11.81% to $0.94 in 2024, then fell by 6.55% to $0.88 in 2025, then declined by 1.27% to $0.87 in 2026.
  • The last three Debt to Equity figures came in at $0.87 (Q1 2026), $0.88 (Q4 2025), and $0.88 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Snap-on 19.71 Bn 17.98 Bn 223.10 Mn 0.15
2 RBC Bearings 18.58 Bn 18.52 Bn 230.00 Mn 0.26
3 Lincoln Electric Holdings 14.37 Bn 14.06 Bn 399.13 Mn 0.87
4 Stanley Black & Decker 11.91 Bn 11.58 Bn 1.16 Bn 0.72
5 Timken 9.17 Bn 9.33 Bn 394.00 Mn 0.65
6 Toro 8.55 Bn 8.36 Bn 336.50 Mn 0.76
7 Kennametal 2.49 Bn 2.42 Bn 207.98 Mn 0.43
8 Hillman Solutions 1.44 Bn 1.41 Bn 168.58 Mn 0.60
9 Eastern 129.83 Mn 121.67 Mn 11.93 Mn 0.26
10 Chicago Rivet & Machine 9.85 Mn 8.40 Mn 958,459.00 0.05

Historic Data

Download Data
DateValue
Mar 31, 2026 0.87
Dec 31, 2025 0.88
Sep 30, 2025 0.88
Jun 30, 2025 0.91
Mar 31, 2025 0.94
Dec 31, 2024 0.94
Sep 30, 2024 0.86
Jun 30, 2024 0.84
Mar 31, 2024 0.84
Dec 31, 2023 0.84
Sep 30, 2023 0.90
Jun 30, 2023 0.92
Mar 31, 2023 0.99
Dec 31, 2022 1.08
Sep 30, 2022 0.77
Jun 30, 2022 0.78
Mar 31, 2022 0.83
Dec 31, 2021 0.83
Sep 30, 2021 0.84
Jun 30, 2021 0.84