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

Lincoln Electric Holdings (LECO) reported Interest Coverage Ratio of 13.45 for 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.

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

Lincoln Electric Holdings has reported Interest Coverage Ratio for 15 years, with the latest figure at 13.45 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 Mar 2026 stood at 51.77 (up 349.87% YoY), and the FY2024 full-year result was 12.03, up 326.38% from the prior year.
  • Interest Coverage Ratio for Q2 2025 stood at 13.45, up from 11.47 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 25.23 in Q1 2022, with the low at 37.4 in Q4 2022.
  • Historically, Interest Coverage Ratio has averaged 9.48 across 5 years, with a median of 13.5 in 2023.
  • Annual changes were most pronounced in 2021 — Interest Coverage Ratio surged 223.15% — and 2022, when it sank 3820.03%.
  • Lincoln Electric Holdings' Interest Coverage Ratio stood at 1.01 in 2021, then slumped by 3820.03% to 37.4 in 2022, then climbed by 17.0% to 31.04 in 2023, then surged by 140.15% to 12.47 in 2024, then gained by 7.94% to 13.45 in 2025.
  • The last three Interest Coverage Ratio figures came in at 13.45 (Q2 2025), 11.47 (Q1 2025), and 12.47 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Snap-on 19.71 Bn 17.98 Bn 223.10 Mn 25.71
2 RBC Bearings 18.58 Bn 18.52 Bn 230.00 Mn 20.04
3 Lincoln Electric Holdings 14.37 Bn 14.06 Bn 399.13 Mn -
4 Stanley Black & Decker 11.91 Bn 11.58 Bn 1.16 Bn -23.03
5 Timken 9.17 Bn 9.33 Bn 394.00 Mn 6.94
6 Toro 8.55 Bn 8.36 Bn 336.50 Mn 6.13
7 Kennametal 2.49 Bn 2.42 Bn 207.98 Mn 12.68
8 Hillman Solutions 1.44 Bn 1.41 Bn 168.58 Mn -
9 Eastern 129.83 Mn 121.67 Mn 11.93 Mn 2.51
10 Chicago Rivet & Machine 9.85 Mn 8.40 Mn 958,459.00 -

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 -31.04
Sep 30, 2023 13.54
Jun 30, 2023 14.77
Mar 31, 2023 11.99
Dec 31, 2022 -37.40
Sep 30, 2022 16.97
Jun 30, 2022 24.88
Mar 31, 2022 25.23
Dec 31, 2021 1.01
Sep 30, 2021 19.11
Jun 30, 2021 20.38
Mar 31, 2021 17.88
Dec 31, 2020 -26.28
Sep 30, 2020 13.31