Lincoln Electric Holdings (LECO) EBIT Margin (2009 - 2026)
Lincoln Electric Holdings (LECO) reported EBIT Margin of 16.6% for Q1 2026, up 18.0% on a YoY basis from 14.07% in Q1 2025, and down 2.86% quarter-over-quarter from 17.09% in Q4 2025.
Lincoln Electric Holdings (LECO) EBIT Margin (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings has reported EBIT Margin for 18 years, with the latest figure at 16.6% in Q1 2026.
- For the quarter ending Q1 2026, EBIT Margin rose 18.0% year-over-year to 16.6%; the trailing twelve-month figure through Mar 2026 stood at 17.0% (up 121.0% YoY), and the FY2025 full-year result was 16.96%, up 109.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 16.6%, down from 17.09% in the prior quarter.
- The five-year high for EBIT Margin was 17.92% in Q1 2022, with the low at 37.21% in Q4 2022.
- Historically, EBIT Margin has averaged 10.39% across 5 years, with a median of 16.6% in 2026.
- Annual changes were most pronounced in 2022 — EBIT Margin sank 3790 bps — and 2024, when it soared 5223 bps.
- Lincoln Electric Holdings' EBIT Margin stood at 37.21% in 2022, then rose by 6 bps to 34.91% in 2023, then jumped by 150 bps to 17.32% in 2024, then fell by 1 bps to 17.09% in 2025, then declined by 3 bps to 16.6% in 2026.
- The last three EBIT Margin figures came in at 16.6% (Q1 2026), 17.09% (Q4 2025), and 16.65% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.71 Bn | 17.98 Bn | 223.10 Mn | 24.37% |
| 2 | RBC Bearings | 18.58 Bn | 18.52 Bn | 230.00 Mn | -43.32% |
| 3 | Lincoln Electric Holdings | 14.37 Bn | 14.06 Bn | 399.13 Mn | 16.60% |
| 4 | Stanley Black & Decker | 11.91 Bn | 11.58 Bn | 1.16 Bn | -67.71% |
| 5 | Timken | 9.17 Bn | 9.33 Bn | 394.00 Mn | 13.69% |
| 6 | Toro | 8.55 Bn | 8.36 Bn | 336.50 Mn | 8.40% |
| 7 | Kennametal | 2.49 Bn | 2.42 Bn | 207.98 Mn | 13.40% |
| 8 | Hillman Solutions | 1.44 Bn | 1.41 Bn | 168.58 Mn | 1.95% |
| 9 | Eastern | 129.83 Mn | 121.67 Mn | 11.93 Mn | 2.22% |
| 10 | Chicago Rivet & Machine | 9.85 Mn | 8.40 Mn | 958,459.00 | -5.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.60% |
| Dec 31, 2025 | 17.09% |
| Sep 30, 2025 | 16.65% |
| Jun 30, 2025 | 17.65% |
| Mar 31, 2025 | 16.42% |
| Dec 31, 2024 | 17.32% |
| Sep 30, 2024 | 14.80% |
| Jun 30, 2024 | 14.57% |
| Mar 31, 2024 | 16.82% |
| Dec 31, 2023 | -34.91% |
| Sep 30, 2023 | 16.59% |
| Jun 30, 2023 | 17.42% |
| Mar 31, 2023 | 16.22% |
| Dec 31, 2022 | -37.21% |
| Sep 30, 2022 | 15.58% |
| Jun 30, 2022 | 17.16% |
| Mar 31, 2022 | 17.92% |
| Dec 31, 2021 | 0.70% |
| Sep 30, 2021 | 14.33% |
| Jun 30, 2021 | 14.95% |