Lincoln Electric Holdings (LECO) Interest Coverage Ratio (2009 - 2025)
Lincoln Electric Holdings' (LECO) Interest Coverage Ratio came in at 13.45 for Q2 2025, up 14.2% from 11.78 a year earlier and up 17.3% from the prior quarter.
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Analysis
Lincoln Electric Holdings (LECO) Interest Coverage Ratio (2009 - 2025) Analysis & Trends
For the trailing twelve months through Jun 30, 2025, Interest Coverage Ratio at Lincoln Electric Holdings was 11.93, down 14.8% year-over-year; for FY2024, it came in at 12.03, down 14.3% from FY2023.
- In prior years, Lincoln Electric Holdings' Interest Coverage Ratio was 14.04 in FY2023 (-28.7%), 19.68 in FY2022 (+1.4%), 19.41 in FY2021 (+64.9%) and 11.77 in FY2020 (-17.7%).
- The Q2 2025 figure stands as the highest quarterly Interest Coverage Ratio since Q1 2024.
- On a year-over-year basis, Interest Coverage Ratio increased in three of the last eight quarters, with an average decline of 7.4%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q2 2021, with growth of 218.7%; the weakest was Q1 2023, with a decline of 52.3%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 11.47 (Q1 2025), 12.47 (Q4 2024) and 10.34 (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 14.52 |
| 10 | Lincoln Electric Holdings | 14.42 Bn | 13.28 Bn | 449.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 13.45 |
| Mar 31, 2025 | 11.47 |
| Dec 31, 2024 | 12.47 |
| Sep 30, 2024 | 10.34 |
| Jun 30, 2024 | 11.78 |
| Mar 31, 2024 | 13.75 |
| Dec 31, 2023 | 17.14 |
| Sep 30, 2023 | 13.54 |
| Jun 30, 2023 | 14.23 |
| Mar 31, 2023 | 11.69 |
| Dec 31, 2022 | 15.28 |
| Sep 30, 2022 | 16.55 |
| Jun 30, 2022 | 25.05 |
| Mar 31, 2022 | 24.52 |
| Dec 31, 2021 | 20.54 |
| Sep 30, 2021 | 19.11 |
| Jun 30, 2021 | 20.10 |
| Mar 31, 2021 | 17.88 |
| Dec 31, 2020 | 15.19 |
| Sep 30, 2020 | 13.31 |
API Access
Lincoln Electric Holdings Interest Coverage Ratio 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=interest-coverage-ratio&ticker=LECO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=LECO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();