Lincoln Electric Holdings (LECO) FCF Payout Ratio (2009 - 2026)
Lincoln Electric Holdings (LECO) reported FCF Payout Ratio of 0.7 for Q1 2026, up 158.37% on a YoY basis from 0.27 in Q1 2025, and down 12.88% quarter-over-quarter from 0.8 in Q4 2025.
Lincoln Electric Holdings (LECO) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings has reported FCF Payout Ratio for 18 years, with the latest figure at 0.7 in Q1 2026.
- For the quarter ending Q1 2026, FCF Payout Ratio rose 158.37% year-over-year to 0.7; the trailing twelve-month figure through Mar 2026 stood at 0.39 (up 25.9% YoY), and the FY2025 full-year result was 0.31, down 6.31% from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 0.7, down from 0.8 in the prior quarter.
- The five-year high for FCF Payout Ratio was 1.37 in Q1 2022, with the low at 0.19 in Q3 2023.
- Historically, FCF Payout Ratio has averaged 0.43 across 5 years, with a median of 0.35 in 2025.
- Annual changes were most pronounced in 2023 — FCF Payout Ratio tumbled 73.84% — and 2026, when it jumped 158.37%.
- Lincoln Electric Holdings' FCF Payout Ratio stood at 0.35 in 2022, then increased by 7.81% to 0.38 in 2023, then surged by 65.15% to 0.62 in 2024, then advanced by 28.55% to 0.8 in 2025, then decreased by 12.88% to 0.7 in 2026.
- The last three FCF Payout Ratio figures came in at 0.7 (Q1 2026), 0.8 (Q4 2025), and 0.2 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.71 Bn | 17.98 Bn | 223.10 Mn | 0.84 |
| 2 | RBC Bearings | 18.58 Bn | 18.52 Bn | 230.00 Mn | - |
| 3 | Lincoln Electric Holdings | 14.37 Bn | 14.06 Bn | 399.13 Mn | 0.70 |
| 4 | Stanley Black & Decker | 11.91 Bn | 11.58 Bn | 1.16 Bn | -0.28 |
| 5 | Timken | 9.17 Bn | 9.33 Bn | 394.00 Mn | 50.60 |
| 6 | Toro | 8.55 Bn | 8.36 Bn | 336.50 Mn | 2.62 |
| 7 | Kennametal | 2.49 Bn | 2.42 Bn | 207.98 Mn | -0.73 |
| 8 | Hillman Solutions | 1.44 Bn | 1.41 Bn | 168.58 Mn | - |
| 9 | Eastern | 129.83 Mn | 121.67 Mn | 11.93 Mn | 0.25 |
| 10 | Chicago Rivet & Machine | 9.85 Mn | 8.40 Mn | 958,459.00 | -0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.70 |
| Dec 31, 2025 | 0.80 |
| Sep 30, 2025 | 0.20 |
| Jun 30, 2025 | 0.35 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.62 |
| Sep 30, 2024 | 0.25 |
| Jun 30, 2024 | 0.27 |
| Mar 31, 2024 | 0.39 |
| Dec 31, 2023 | 0.38 |
| Sep 30, 2023 | 0.19 |
| Jun 30, 2023 | 0.21 |
| Mar 31, 2023 | 0.36 |
| Dec 31, 2022 | 0.35 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 1.37 |
| Dec 31, 2021 | 0.32 |
| Sep 30, 2021 | 0.33 |
| Jun 30, 2021 | 0.37 |