Lincoln Electric Holdings (LECO) Deferred Taxes (2009 - 2026)
Lincoln Electric Holdings' (LECO) quarterly Deferred Taxes came in at -$4.0 million in Q2 2026, up 80.29% on a YoY basis from -$2.2 million in Q2 2025, and down 117.93% quarter-over-quarter from $22.5 million in Q1 2026.
Analysis
Lincoln Electric Holdings (LECO) Deferred Taxes (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings (LECO) has reported Deferred Taxes for 18 consecutive years, with -$4.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Deferred Taxes rose 80.29% year-over-year to -$4.0 million; the trailing twelve-month figure through Jun 2026 stood at $127.6 million (up 303.13% YoY), and the FY2025 full-year result was $82.7 million, up 305.18% from the prior year.
- Deferred Taxes slipped to -$4.0 million in Q2 2026 per LECO's latest filing, from $22.5 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $97.7 million in Q3 2025 and bottomed at -$27.0 million in Q4 2024.
- Historically, Deferred Taxes has averaged -$456944.4 across 5 years, with a median of -$6.4 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Deferred Taxes plunged 10684.38% in 2022, then soared 1131.42% in 2025.
- Over 5 years, Deferred Taxes stood at -$13.8 million in 2022, then sank by 74.78% to -$24.1 million in 2023, then decreased by 11.86% to -$27.0 million in 2024, then jumped by 142.05% to $11.3 million in 2025, then sank by 135.61% to -$4.0 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$4.0 million, $22.5 million, and $11.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.39 Bn | 17.75 Bn | 635.20 Mn | 3.00 Mn |
| 2 | Lincoln Electric Holdings | 13.73 Bn | 13.49 Bn | 449.00 Mn | -4.04 Mn |
| 3 | Stanley Black & Decker | 13.39 Bn | 12.80 Bn | 1.31 Bn | - |
| 4 | Vontier | 4.36 Bn | 4.10 Bn | 365.00 Mn | 400,000.00 |
| 5 | Esab | 4.25 Bn | 4.03 Bn | 307.21 Mn | -10.41 Mn |
| 6 | Brady | 4.06 Bn | 3.87 Bn | 231.13 Mn | -7.15 Mn |
| 7 | Kennametal | 2.23 Bn | 2.13 Bn | 433.56 Mn | 47.08 Mn |
| 8 | Enerpac Tool | 1.82 Bn | 1.70 Bn | 88.78 Mn | -1.01 Mn |
| 9 | MSA Safety | 1.45 Bn | 1.25 Bn | 249.29 Mn | - |
| 10 | Lakeland Industries | 94.73 Mn | 77.31 Mn | 14.89 Mn | -80,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.04 Mn |
| Mar 31, 2026 | 22.53 Mn |
| Dec 31, 2025 | 11.35 Mn |
| Sep 30, 2025 | 97.74 Mn |
| Jun 30, 2025 | -20.50 Mn |
| Mar 31, 2025 | -5.84 Mn |
| Dec 31, 2024 | -26.99 Mn |
| Sep 30, 2024 | -9.48 Mn |
| Jun 30, 2024 | 3.48 Mn |
| Mar 31, 2024 | -7.35 Mn |
| Dec 31, 2023 | -24.13 Mn |
| Sep 30, 2023 | -573,000.00 |
| Jun 30, 2023 | 10.79 Mn |
| Mar 31, 2023 | -7.02 Mn |
| Dec 31, 2022 | -13.80 Mn |
| Sep 30, 2022 | -12.63 Mn |
| Jun 30, 2022 | -3.57 Mn |
| Mar 31, 2022 | -18.21 Mn |
| Dec 31, 2021 | -128,000.00 |
| Sep 30, 2021 | -7.43 Mn |