Growth Metrics

Lincoln Electric Holdings (LECO) Gross Margin (2016 - 2025)

Lincoln Electric Holdings' Gross Margin history spans 17 years, with the latest figure at 34.67% for Q4 2025.

  • For Q4 2025, Gross Margin fell 140.0% year-over-year to 34.67%; the TTM value through Dec 2025 reached 36.25%, down 50.0%, while the annual FY2025 figure was 36.25%, 50.0% down from the prior year.
  • Gross Margin reached 34.67% in Q4 2025 per LECO's latest filing, down from 36.68% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 37.57% in Q2 2024 to a low of 32.3% in Q4 2021.
  • Average Gross Margin over 5 years is 35.01%, with a median of 35.13% recorded in 2023.
  • Peak YoY movement for Gross Margin: plummeted -144bps in 2023, then skyrocketed 336bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 32.3% in 2021, then increased by 2bps to 33.08% in 2022, then grew by 6bps to 35.05% in 2023, then rose by 3bps to 36.07% in 2024, then decreased by -4bps to 34.67% in 2025.
  • Per Business Quant, the three most recent readings for LECO's Gross Margin are 34.67% (Q4 2025), 36.68% (Q3 2025), and 37.25% (Q2 2025).