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% YoY from -$2.2 million in Q2 2025, and down 117.93% on a QoQ basis from $22.5 million in Q1 2026.
Lincoln Electric Holdings (LECO) Deferred Taxes (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings (LECO) has 18 years of Deferred Taxes data on file, last reported at -$4.0 million in Q2 2026.
- Quarterly Deferred Taxes rose 80.29% year-over-year to -$4.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $127.6 million (up 303.13% YoY) and the FY2025 annual result came in at $82.7 million, up 305.18% from the prior year.
- Deferred Taxes declined to -$4.0 million in Q2 2026, from $22.5 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $97.7 million in Q3 2025 to a low of -$27.0 million in Q4 2024.
- A 5-year average of -$456944.4 and a median of -$6.4 million in 2023 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2022 — Deferred Taxes tumbled 10684.38% — and 2025, when it surged 1131.42%.
- Tracing LECO's Deferred Taxes over 5 years: 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 tumbled by 135.61% to -$4.0 million in 2026.
- The last three Deferred Taxes figures came in at -$4.0 million (Q2 2026), $22.5 million (Q1 2026), and $11.3 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.26 Bn | 18.61 Bn | 635.20 Mn | 3.00 Mn |
| 2 | RBC Bearings | 15.87 Bn | 15.74 Bn | 247.80 Mn | -1.40 Mn |
| 3 | Lincoln Electric Holdings | 15.34 Bn | 15.09 Bn | 449.00 Mn | -4.04 Mn |
| 4 | Stanley Black & Decker | 14.87 Bn | 14.27 Bn | 1.31 Bn | - |
| 5 | Toro | 9.61 Bn | 9.43 Bn | 482.70 Mn | -4.50 Mn |
| 6 | Timken | 8.73 Bn | 8.33 Bn | 399.30 Mn | 800,000.00 |
| 7 | Kennametal | 2.31 Bn | 2.21 Bn | 433.56 Mn | 47.08 Mn |
| 8 | Hillman Solutions | 1.63 Bn | 1.60 Bn | 208.09 Mn | -685,000.00 |
| 9 | Eastern | 152.19 Mn | 137.05 Mn | - | - |
| 10 | Chicago Rivet & Machine | 9.70 Mn | 8.93 Mn | 563,312.00 | - |
Historic Data
Download 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 |