Lincoln Electric Holdings LECO
NASDAQ LECO
$251.06 -20.46 (-7.54%)
As of: Sep 10, 2026 · 3:59 PM EDT

Lincoln Electric Holdings (LECO) Interest Coverage Ratio (2009 - 2025)

Lincoln Electric Holdings' (LECO) quarterly Interest Coverage Ratio came in at 13.45 in Q2 2025, up 14.2% on a YoY basis from 11.78 in Q2 2024, and up 17.33% quarter-over-quarter from 11.47 in Q1 2025.

Analysis

Lincoln Electric Holdings (LECO) Interest Coverage Ratio (2009 - 2025) Analysis & Trends

Lincoln Electric Holdings (LECO) has reported Interest Coverage Ratio for 15 consecutive years, with 13.45 the latest figure, recorded in Q2 2025.

  • For the quarter ending Q2 2025, Interest Coverage Ratio rose 14.2% year-over-year to 13.45; the trailing twelve-month figure through Jun 2025 stood at 11.93 (down 14.82% YoY), and the FY2024 full-year result was 12.03, down 14.33% from the prior year.
  • Interest Coverage Ratio climbed to 13.45 in Q2 2025 per LECO's latest filing, from 11.47 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 25.05 in Q2 2022 and bottomed at 10.34 in Q3 2024.
  • Historically, Interest Coverage Ratio has averaged 16.05 across 5 years, with a median of 14.75 in 2022.
  • The sharpest annual moves came in 2021 and 2023: Interest Coverage Ratio jumped 218.7% in 2021, then tumbled 52.31% in 2023.
  • Over 5 years, Interest Coverage Ratio stood at 20.54 in 2021, then fell by 25.6% to 15.28 in 2022, then advanced by 12.17% to 17.14 in 2023, then declined by 27.27% to 12.47 in 2024, then climbed by 7.94% to 13.45 in 2025.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 13.45, 11.47, and 12.47 for Q2 2025, Q1 2025, and Q4 2024 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Snap-on 19.39 Bn 17.75 Bn 635.20 Mn 27.35
2 Lincoln Electric Holdings 13.73 Bn 13.49 Bn 449.00 Mn -
3 Stanley Black & Decker 13.39 Bn 12.80 Bn 1.31 Bn -22.36
4 Vontier 4.36 Bn 4.10 Bn 365.00 Mn -
5 Esab 4.25 Bn 4.03 Bn 307.21 Mn 2.57
6 Brady 4.06 Bn 3.87 Bn 231.13 Mn 9.65
7 Kennametal 2.23 Bn 2.13 Bn 433.56 Mn 30.22
8 Enerpac Tool 1.82 Bn 1.70 Bn 88.78 Mn 18.29
9 MSA Safety 1.45 Bn 1.25 Bn 249.29 Mn 14.08
10 Lakeland Industries 94.73 Mn 77.31 Mn 14.89 Mn 3.73
Historic Data

Historic Data

Download Data
DateValue
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