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