Lincoln Electric Holdings (LECO) Interest Coverage Ratio (2009 - 2026)

Lincoln Electric Holdings (LECO) posted Interest Coverage Ratio of 12.61 for Q1 2026, up 2.75% on a QoQ basis from 12.28 in Q4 2025, and up 10.0% year-over-year from 11.47 in Q1 2025.

Lincoln Electric Holdings (LECO) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Lincoln Electric Holdings' Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 12.61 for Q1 2026.

  • Quarterly Interest Coverage Ratio rose 10.0% year-over-year to 12.61 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.65 (up 9.94% YoY) and the FY2025 annual result came in at 12.21, up 1.48% from the prior year.
  • Interest Coverage Ratio was 12.61 for Q1 2026 at Lincoln Electric Holdings, up from 12.28 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 24.88 in Q2 2022 and bottomed at 2.75 in Q3 2025.
  • A 5-year average of 13.94 and a median of 13.45 in 2025 frame the typical range for Interest Coverage Ratio.
  • Annual changes were most pronounced in 2022 — Interest Coverage Ratio jumped 37.16% — and 2025, when it sank 73.39%.
  • Lincoln Electric Holdings' Interest Coverage Ratio stood at 14.51 in 2022, then advanced by 11.29% to 16.15 in 2023, then decreased by 22.83% to 12.47 in 2024, then declined by 1.52% to 12.28 in 2025, then grew by 2.75% to 12.61 in 2026.
  • Business Quant data shows LECO's Interest Coverage Ratio at 12.61 in Q1 2026, 12.28 in Q4 2025, and 2.75 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Snap-on 20.52 Bn 18.79 Bn 635.20 Mn 1.30
2 RBC Bearings 18.73 Bn 18.68 Bn 230.00 Mn 1.37
3 Lincoln Electric Holdings 13.73 Bn 13.43 Bn 399.13 Mn 12.61
4 Stanley Black & Decker 13.27 Bn 12.93 Bn 1.16 Bn -23.03
5 Timken 9.80 Bn 9.96 Bn 394.00 Mn 2.08
6 Toro 8.88 Bn 8.69 Bn 336.50 Mn 0.60
7 Kennametal 2.66 Bn 2.59 Bn 207.98 Mn 12.68
8 Hillman Solutions 1.55 Bn 1.52 Bn 168.58 Mn 0.08
9 Eastern 147.40 Mn 139.23 Mn 11.93 Mn 0.60
10 Chicago Rivet & Machine 9.81 Mn 8.36 Mn 958,459.00 -4.53

Historic Data

Download Data
DateValue
Mar 31, 2026 12.61
Dec 31, 2025 12.28
Sep 30, 2025 2.75
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 16.15
Sep 30, 2023 13.54
Jun 30, 2023 14.23
Mar 31, 2023 11.69
Dec 31, 2022 14.51
Sep 30, 2022 16.55
Jun 30, 2022 24.88
Mar 31, 2022 24.52
Dec 31, 2021 14.39
Sep 30, 2021 19.11
Jun 30, 2021 20.38