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

Lincoln Electric Holdings has reported Gross Margin for 18 years, with the latest figure at 35.59% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 79.0% year-over-year to 35.59%; the trailing twelve-month figure through Mar 2026 stood at 36.04% (down 41.0% YoY), and the FY2025 full-year result was 36.25%, down 50.0% from the prior year.
• Gross Margin for Q1 2026 stood at 35.59%, up from 34.67% in the prior quarter.
• The five-year high for Gross Margin was 37.57% in Q2 2024, with the low at 33.08% in Q4 2022.
• Historically, Gross Margin has averaged 35.51% across 5 years, with a median of 35.59% in 2026.
• Annual changes were most pronounced in 2023 — Gross Margin slumped 144 bps — and 2024, when it soared 336 bps.
• Lincoln Electric Holdings' Gross Margin stood at 33.08% in 2022, then increased by 6 bps to 35.05% in 2023, then grew by 3 bps to 36.07% in 2024, then fell by 4 bps to 34.67% in 2025, then gained by 3 bps to 35.59% in 2026.
• The last three Gross Margin figures came in at 35.59% (Q1 2026), 34.67% (Q4 2025), and 36.68% (Q3 2025), per Business Quant data.