Lincoln Electric Holdings (LECO) Dividend Coverage Ratio (2009 - 2026)
Lincoln Electric Holdings' (LECO) Dividend Coverage Ratio was 3.34 for Q3 2026, up 13.2% from 2.95 a year earlier but down 8.6% from the prior quarter.
Lincoln Electric Holdings (LECO) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
For FY2025, Dividend Coverage Ratio at Lincoln Electric Holdings was 3.09, up 7.6% from FY2024.
- By year, Dividend Coverage Ratio came in at 2.87 in FY2024 (-22.0%), 3.68 in FY2023 (+2.0%), 3.61 in FY2022 (+59.1%) and 2.27 in FY2021 (+30.1%).
- Five-year quarterly Dividend Coverage Ratio spans a low of 2.47 in Q4 2021 and a high of 4.26 in Q4 2023.
- Year over year, Dividend Coverage Ratio has now increased in each of the last three quarters, with growth averaging 6.7% over the last eight quarters.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q3 2022 (growth of 221.4%); the low point was Q2 2024 (a decline of 32.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 3.65 (Q2 2026), 3.09 (Q1 2026) and 3.26 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 4.39 |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 6.60 |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 3.14 |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | - |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | - |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 3.41 |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 2.41 |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 1.87 |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | - |
| 10 | Lincoln Electric Holdings | 15.40 Bn | 14.27 Bn | 425.03 Mn | 3.34 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.34 |
| 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 | 3.49 |
| Sep 30, 2024 | 2.50 |
| Jun 30, 2024 | 2.52 |
| Mar 31, 2024 | 2.99 |
| Dec 31, 2023 | 4.26 |
| Sep 30, 2023 | 3.51 |
| Jun 30, 2023 | 3.72 |
| Mar 31, 2023 | 3.24 |
| Dec 31, 2022 | 3.37 |
| Sep 30, 2022 | 3.36 |
| Jun 30, 2022 | 3.93 |
| Mar 31, 2022 | 3.78 |
| Dec 31, 2021 | 2.47 |
Lincoln Electric Holdings Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=LECO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "LECO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=LECO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();