Lincoln Electric Holdings (LECO) Invested Capital (2009 - 2026)
Lincoln Electric Holdings (LECO) reported Invested Capital of $2.7 billion for Q2 2026, up 2.4% from $2.64 billion a year earlier but down 9.5% from the prior quarter.
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Analysis
Lincoln Electric Holdings (LECO) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Lincoln Electric Holdings posted Invested Capital of $2.91 billion, up 12.3% from FY2024.
- Invested Capital has increased for five consecutive years, with a five-year compound annual growth rate of 14.0% (FY2020 to FY2025).
- By year, Invested Capital came in at $2.59 billion in FY2024 (+7.2%), $2.41 billion in FY2023 (+7.9%), $2.24 billion in FY2022 (+37.0%) and $1.63 billion in FY2021 (+8.3%).
- Five-year quarterly Invested Capital spans a low of $1.62 billion in Q3 2021 and a high of $2.99 billion in Q1 2026.
- Year over year, Invested Capital has now increased in each of the last 22 quarters, with growth averaging 8.8% over the last eight quarters.
- Across the past five years, year-over-year growth in Invested Capital ran from 2.4% in Q2 2026 to 37.1% in Q3 2023.
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.99 billion (Q1 2026), $2.91 billion (Q4 2025) and $2.74 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 64.54 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 34.42 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 51.21 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 40.91 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 23.93 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 7.70 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 33.51 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 15.56 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 12.59 Bn |
| 10 | Lincoln Electric Holdings | 14.42 Bn | 13.28 Bn | 449.00 Mn | 2.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.70 Bn |
| Mar 31, 2026 | 2.99 Bn |
| Dec 31, 2025 | 2.91 Bn |
| Sep 30, 2025 | 2.74 Bn |
| Jun 30, 2025 | 2.64 Bn |
| Mar 31, 2025 | 2.61 Bn |
| Dec 31, 2024 | 2.59 Bn |
| Sep 30, 2024 | 2.60 Bn |
| Jun 30, 2024 | 2.42 Bn |
| Mar 31, 2024 | 2.42 Bn |
| Dec 31, 2023 | 2.41 Bn |
| Sep 30, 2023 | 2.34 Bn |
| Jun 30, 2023 | 2.32 Bn |
| Mar 31, 2023 | 2.29 Bn |
| Dec 31, 2022 | 2.24 Bn |
| Sep 30, 2022 | 1.70 Bn |
| Jun 30, 2022 | 1.75 Bn |
| Mar 31, 2022 | 1.73 Bn |
| Dec 31, 2021 | 1.63 Bn |
| Sep 30, 2021 | 1.62 Bn |
API Access
Lincoln Electric Holdings Invested Capital 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=invested-capital&ticker=LECO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=LECO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();