Lincoln Electric Holdings (LECO) EBITDA Margin (2009 - 2026)

Lincoln Electric Holdings (LECO) reported EBITDA 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) EBITDA Margin (2009 - 2026) Analysis & Trends

Lincoln Electric Holdings has reported EBITDA Margin for 18 years, with the latest figure at 16.6% in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA 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.
  • EBITDA Margin for Q1 2026 stood at 16.6%, down from 17.09% in the prior quarter.
  • The five-year high for EBITDA Margin was 17.92% in Q1 2022, with the low at 37.21% in Q4 2022.
  • Historically, EBITDA Margin has averaged 10.39% across 5 years, with a median of 16.6% in 2026.
  • Annual changes were most pronounced in 2022 — EBITDA Margin sank 3790 bps — and 2024, when it soared 5223 bps.
  • Lincoln Electric Holdings' EBITDA 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 EBITDA 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) EBITDA 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 0.80%
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 -1.36%
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
DateValue
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%