Lincoln Electric Holdings (LECO) Dividend Coverage Ratio (2009 - 2026)
Lincoln Electric Holdings' (LECO) quarterly Dividend Coverage Ratio came in at 3.65 in Q2 2026, up 6.81% on a YoY basis from 3.42 in Q2 2025, and up 18.04% quarter-over-quarter from 3.09 in Q1 2026.
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Lincoln Electric Holdings (LECO) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings (LECO) has reported Dividend Coverage Ratio for 18 consecutive years, with 3.65 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 6.81% year-over-year to 3.65; the trailing twelve-month figure through Jun 2026 stood at 3.24 (up 16.05% YoY), and the FY2025 full-year result was 3.09, up 18.04% from the prior year.
- Dividend Coverage Ratio climbed to 3.65 in Q2 2026 per LECO's latest filing, from 3.09 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 4.13 in Q2 2022 and bottomed at 1.23 in Q4 2022.
- Historically, Dividend Coverage Ratio has averaged 3.15 across 5 years, with a median of 3.18 in 2025.
- The sharpest annual moves came in 2022 and 2024: Dividend Coverage Ratio soared 192.89% in 2022, then plunged 37.71% in 2024.
- Over 5 years, Dividend Coverage Ratio stood at 1.23 in 2022, then jumped by 114.68% to 2.64 in 2023, then dropped by 6.62% to 2.47 in 2024, then jumped by 31.98% to 3.26 in 2025, then gained by 12.16% to 3.65 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 3.65, 3.09, and 3.26 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.54 Bn | 17.89 Bn | 635.20 Mn | 2.11 |
| 2 | Lincoln Electric Holdings | 14.85 Bn | 14.61 Bn | 449.00 Mn | 3.65 |
| 3 | Stanley Black & Decker | 13.78 Bn | 13.19 Bn | 1.31 Bn | 2.83 |
| 4 | Esab | 4.49 Bn | 4.27 Bn | 307.21 Mn | 5.07 |
| 5 | Vontier | 4.44 Bn | 4.18 Bn | 365.00 Mn | 7.61 |
| 6 | Brady | 4.13 Bn | 3.94 Bn | 231.13 Mn | 3.97 |
| 7 | Kennametal | 2.26 Bn | 2.16 Bn | 433.56 Mn | 15.05 |
| 8 | Enerpac Tool | 1.86 Bn | 1.75 Bn | 88.78 Mn | - |
| 9 | MSA Safety | 1.45 Bn | 1.25 Bn | 249.29 Mn | 4.13 |
| 10 | Lakeland Industries | 109.62 Mn | 92.20 Mn | 14.89 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.65 |
| Mar 31, 2026 | 3.09 |
| Dec 31, 2025 | 3.26 |
| Sep 30, 2025 | 2.95 |
| Jun 30, 2025 | 3.42 |
| Mar 31, 2025 | 2.76 |
| Dec 31, 2024 | 2.47 |
| Sep 30, 2024 | 2.50 |
| Jun 30, 2024 | 2.52 |
| Mar 31, 2024 | 2.99 |
| Dec 31, 2023 | 2.64 |
| Sep 30, 2023 | 3.81 |
| Jun 30, 2023 | 4.04 |
| Mar 31, 2023 | 3.60 |
| Dec 31, 2022 | 1.23 |
| Sep 30, 2022 | 3.62 |
| Jun 30, 2022 | 4.13 |
| Mar 31, 2022 | 3.96 |
| Dec 31, 2021 | 1.65 |
| Sep 30, 2021 | 1.24 |