Lincoln Electric Holdings (LECO) Free Cash Flow (2009 - 2026)
Lincoln Electric Holdings (LECO) recorded Free Cash Flow of $174.54 million in Q3 2026, down 14.9% from $205.05 million a year earlier and down 21.5% from the prior quarter.
Lincoln Electric Holdings (LECO) Free Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, Lincoln Electric Holdings' Free Cash Flow came in at $511.89 million as of Sep 30, 2026, down 6.3% year-over-year; for FY2025, it was $534.2 million, up 10.7% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of 12.8% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $482.37 million in FY2024 (-16.3%), $576.56 million in FY2023 (+85.1%), $311.5 million in FY2022 (+3.0%) and $302.53 million in FY2021 (+3.5%).
- Quarterly Free Cash Flow has ranged from $24.42 million in Q1 2022 to $222.33 million in Q2 2026 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in three of the last eight quarters, with growth averaging 1.7%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 330.6% in Q1 2023, against a decline of 60.3% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $222.33 million (Q2 2026), $63.01 million (Q1 2026) and $52.02 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 3.29 Bn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 1.62 Bn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 1.31 Bn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 1.03 Bn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 643.00 Mn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 230.00 Mn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 917.00 Mn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 851.00 Mn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 654.90 Mn |
| 10 | Lincoln Electric Holdings | 15.40 Bn | 14.27 Bn | 425.03 Mn | 174.54 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 174.54 Mn |
| Jun 30, 2026 | 222.33 Mn |
| Mar 31, 2026 | 63.01 Mn |
| Dec 31, 2025 | 52.02 Mn |
| Sep 30, 2025 | 205.05 Mn |
| Jun 30, 2025 | 118.39 Mn |
| Mar 31, 2025 | 158.74 Mn |
| Dec 31, 2024 | 64.31 Mn |
| Sep 30, 2024 | 163.48 Mn |
| Jun 30, 2024 | 147.55 Mn |
| Mar 31, 2024 | 107.04 Mn |
| Dec 31, 2023 | 97.13 Mn |
| Sep 30, 2023 | 197.20 Mn |
| Jun 30, 2023 | 177.08 Mn |
| Mar 31, 2023 | 105.14 Mn |
| Dec 31, 2022 | 92.22 Mn |
| Sep 30, 2022 | 112.58 Mn |
| Jun 30, 2022 | 82.28 Mn |
| Mar 31, 2022 | 24.42 Mn |
| Dec 31, 2021 | 93.85 Mn |
Lincoln Electric Holdings Free Cash Flow 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=free-cash-flow&ticker=LECO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=LECO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();