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

Lincoln Electric Holdings' Gross Margin history runs 18 years deep, the most recent figure standing at 35.59% for Q1 2026.

• Quarterly Gross Margin fell 79.0% year-over-year to 35.59% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 36.04% (down 41.0% YoY) and the FY2025 annual result came in at 36.25%, down 50.0% from the prior year.
• Gross Margin was 35.59% for Q1 2026 at Lincoln Electric Holdings, up from 34.67% in the prior quarter.
• Across five years, Gross Margin topped out at 37.57% in Q2 2024 and bottomed at 33.08% in Q4 2022.
• A 5-year average of 35.51% and a median of 35.59% in 2026 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2023 — Gross Margin sank 144 bps — and 2024, when it soared 336 bps.
• Lincoln Electric Holdings' Gross Margin stood at 33.08% in 2022, then gained by 6 bps to 35.05% in 2023, then rose by 3 bps to 36.07% in 2024, then decreased by 4 bps to 34.67% in 2025, then climbed by 3 bps to 35.59% in 2026.
• Business Quant data shows LECO's Gross Margin at 35.59% in Q1 2026, 34.67% in Q4 2025, and 36.68% in Q3 2025.