Lincoln Electric Holdings (LECO) Deferred Taxes (2009 - 2026)
Lincoln Electric Holdings (LECO) reported Deferred Taxes of $22.5 million for Q1 2026, up 485.97% on a YoY basis from $3.8 million in Q1 2025, and up 98.55% quarter-over-quarter from $11.3 million in Q4 2025.
Lincoln Electric Holdings (LECO) Deferred Taxes (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings has reported Deferred Taxes for 18 years, with the latest figure at $22.5 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes rose 485.97% year-over-year to $22.5 million; the trailing twelve-month figure through Mar 2026 stood at $111.1 million (up 386.25% YoY), and the FY2025 full-year result was $82.7 million, up 305.18% from the prior year.
- Deferred Taxes for Q1 2026 stood at $22.5 million, up from $11.3 million in the prior quarter.
- The five-year high for Deferred Taxes was $97.7 million in Q3 2025, with the low at -$27.0 million in Q4 2024.
- Historically, Deferred Taxes has averaged -$246117.6 across 5 years, with a median of -$7.0 million in 2023.
- Annual changes were most pronounced in 2022 — Deferred Taxes tumbled 10684.38% — and 2025, when it surged 1131.42%.
- Lincoln Electric Holdings' Deferred Taxes stood at -$13.8 million in 2022, then tumbled by 74.78% to -$24.1 million in 2023, then fell by 11.86% to -$27.0 million in 2024, then surged by 142.05% to $11.3 million in 2025, then jumped by 98.55% to $22.5 million in 2026.
- The last three Deferred Taxes figures came in at $22.5 million (Q1 2026), $11.3 million (Q4 2025), and $97.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.71 Bn | 17.98 Bn | 223.10 Mn | 3.80 Mn |
| 2 | RBC Bearings | 18.58 Bn | 18.52 Bn | 230.00 Mn | -1.90 Mn |
| 3 | Lincoln Electric Holdings | 14.37 Bn | 14.06 Bn | 399.13 Mn | 22.53 Mn |
| 4 | Stanley Black & Decker | 11.91 Bn | 11.58 Bn | 1.16 Bn | - |
| 5 | Timken | 9.17 Bn | 9.33 Bn | 394.00 Mn | 2.00 Mn |
| 6 | Toro | 8.55 Bn | 8.36 Bn | 336.50 Mn | -8.80 Mn |
| 7 | Kennametal | 2.49 Bn | 2.42 Bn | 207.98 Mn | -626,000.00 |
| 8 | Hillman Solutions | 1.44 Bn | 1.41 Bn | 168.58 Mn | 218,000.00 |
| 9 | Eastern | 129.83 Mn | 121.67 Mn | 11.93 Mn | - |
| 10 | Chicago Rivet & Machine | 9.85 Mn | 8.40 Mn | 958,459.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -4.88 Mn |