Lincoln Electric Holdings (LECO) Interest Expenses (2009 - 2026)
Lincoln Electric Holdings' (LECO) quarterly Interest Expenses came in at $58.9 million in Q2 2026, up 312.72% YoY from $14.3 million in Q2 2025, and down 3.44% on a QoQ basis from $61.0 million in Q1 2026.
Lincoln Electric Holdings (LECO) Interest Expenses (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings (LECO) has 18 years of Interest Expenses data on file, last reported at $58.9 million in Q2 2026.
- Quarterly Interest Expenses rose 312.72% year-over-year to $58.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $58.9 million (up 3.5% YoY) and the FY2025 annual result came in at $58.8 million, up 11.17% from the prior year.
- Interest Expenses slipped to $58.9 million in Q2 2026, from $61.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $61.0 million in Q1 2026 to a low of $6.6 million in Q1 2022.
- A 5-year average of $17.4 million and a median of $13.4 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses fell 14.62% — and 2026, when it surged 324.41%.
- Tracing LECO's Interest Expenses over 5 years: stood at $9.3 million in 2022, then gained by 28.56% to $11.9 million in 2023, then increased by 19.29% to $14.2 million in 2024, then climbed by 5.75% to $15.0 million in 2025, then soared by 292.49% to $58.9 million in 2026.
- The last three Interest Expenses figures came in at $58.9 million (Q2 2026), $61.0 million (Q1 2026), and $15.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.34 Bn | 18.69 Bn | 635.20 Mn | 12.30 Mn |
| 2 | RBC Bearings | 15.93 Bn | 15.81 Bn | 247.80 Mn | 10.10 Mn |
| 3 | Lincoln Electric Holdings | 15.40 Bn | 15.16 Bn | 449.00 Mn | - |
| 4 | Stanley Black & Decker | 15.00 Bn | 14.41 Bn | 1.31 Bn | 96.40 Mn |
| 5 | Toro | 9.61 Bn | 9.43 Bn | 482.70 Mn | 14.80 Mn |
| 6 | Timken | 8.70 Bn | 8.30 Bn | 399.30 Mn | 26.20 Mn |
| 7 | Kennametal | 2.29 Bn | 2.19 Bn | 433.56 Mn | 10.02 Mn |
| 8 | Hillman Solutions | 1.64 Bn | 1.61 Bn | 208.09 Mn | - |
| 9 | Eastern | 149.30 Mn | 134.16 Mn | - | - |
| 10 | Chicago Rivet & Machine | 9.70 Mn | 8.93 Mn | 563,312.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 58.94 Mn |
| Jun 30, 2026 | 58.94 Mn |
| Mar 31, 2026 | 14.76 Mn |
| Mar 31, 2026 | 14.76 Mn |
| Dec 31, 2025 | 15.02 Mn |
| Dec 31, 2025 | 15.02 Mn |
| Sep 30, 2025 | 64.22 Mn |
| Sep 30, 2025 | 64.22 Mn |
| Jun 30, 2025 | 14.28 Mn |
| Jun 30, 2025 | 14.28 Mn |
| Mar 31, 2025 | 14.38 Mn |
| Mar 31, 2025 | 14.38 Mn |
| Dec 31, 2024 | 14.20 Mn |
| Dec 31, 2024 | 14.20 Mn |
| Sep 30, 2024 | 14.08 Mn |
| Sep 30, 2024 | 14.08 Mn |
| Jun 30, 2024 | 12.63 Mn |
| Jun 30, 2024 | 12.63 Mn |
| Mar 31, 2024 | 12.00 Mn |
| Mar 31, 2024 | 12.00 Mn |