Lincoln Electric Holdings (LECO) FCF Margin (2009 - 2026)
Lincoln Electric Holdings' (LECO) quarterly FCF Margin came in at 18.23% in Q2 2026, up 735.0% on a YoY basis from 2.18% in Q2 2025, and up 224.44% quarter-over-quarter from 5.62% in Q1 2026.
Analysis
Lincoln Electric Holdings (LECO) FCF Margin (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings (LECO) has reported FCF Margin for 18 consecutive years, with 18.23% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 735.0% year-over-year to 18.23%; the trailing twelve-month figure through Jun 2026 stood at 12.1% (down 21.0% YoY), and the FY2025 full-year result was 12.62%, up 59.0% from the prior year.
- FCF Margin improved to 18.23% in Q2 2026 per LECO's latest filing, from 5.62% in the prior quarter.
- Across five years, FCF Margin topped out at 19.32% in Q3 2025 and bottomed at 2.64% in Q1 2022.
- Historically, FCF Margin has averaged 11.73% across 5 years, with a median of 10.89% in 2025.
- The sharpest annual moves came in 2023 and 2026: FCF Margin soared 821 bps in 2023, then slumped 1019 bps in 2026.
- Over 5 years, FCF Margin stood at 9.91% in 2022, then fell by 7 bps to 9.18% in 2023, then slumped by 31 bps to 6.29% in 2024, then decreased by 23 bps to 4.82% in 2025, then surged by 278 bps to 18.23% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 18.23%, 5.62%, and 4.82% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.32 Bn | 17.67 Bn | 635.20 Mn | 2.54% |
| 2 | Lincoln Electric Holdings | 13.65 Bn | 13.41 Bn | 449.00 Mn | 18.23% |
| 3 | Stanley Black & Decker | 13.24 Bn | 12.65 Bn | 1.31 Bn | 17.63% |
| 4 | Vontier | 4.37 Bn | 4.11 Bn | 365.00 Mn | 12.54% |
| 5 | Esab | 4.24 Bn | 4.02 Bn | 307.21 Mn | 1.94% |
| 6 | Brady | 4.03 Bn | 3.84 Bn | 231.13 Mn | 13.90% |
| 7 | Kennametal | 2.22 Bn | 2.13 Bn | 433.56 Mn | -13.16% |
| 8 | Enerpac Tool | 1.81 Bn | 1.70 Bn | 88.78 Mn | 21.92% |
| 9 | MSA Safety | 1.45 Bn | 1.25 Bn | 249.29 Mn | 16.43% |
| 10 | Lakeland Industries | 89.15 Mn | 71.73 Mn | 14.89 Mn | 9.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.23% |
| Mar 31, 2026 | 5.62% |
| Dec 31, 2025 | 4.82% |
| Sep 30, 2025 | 19.32% |
| Jun 30, 2025 | 10.87% |
| Mar 31, 2025 | 15.81% |
| Dec 31, 2024 | 6.29% |
| Sep 30, 2024 | 16.62% |
| Jun 30, 2024 | 14.44% |
| Mar 31, 2024 | 10.91% |
| Dec 31, 2023 | 9.18% |
| Sep 30, 2023 | 19.09% |
| Jun 30, 2023 | 16.70% |
| Mar 31, 2023 | 10.12% |
| Dec 31, 2022 | 9.91% |
| Sep 30, 2022 | 12.04% |
| Jun 30, 2022 | 8.49% |
| Mar 31, 2022 | 2.64% |
| Dec 31, 2021 | 11.12% |
| Sep 30, 2021 | 11.31% |