Lincoln Electric Holdings (LECO) Minority Interest (2009 - 2023)
Lincoln Electric Holdings (LECO) reported Minority Interest of -$53000.0 for Q1 2023, up 8.62% on a YoY basis from -$48793.7 in Q1 2022, and up 46.46% quarter-over-quarter from -$99000.0 in Q4 2022.
Lincoln Electric Holdings (LECO) Minority Interest (2009 - 2023) Analysis & Trends
Lincoln Electric Holdings has reported Minority Interest for 15 years, with the latest figure at -$53000.0 in Q1 2023.
- For the quarter ending Q1 2023, Minority Interest rose 8.62% year-over-year to -$53000.0; the trailing twelve-month figure through Mar 2023 stood at -$53000.0 (up 8.62% YoY), and the FY2022 full-year result was -$99000.0, up 48.7% from the prior year.
- Minority Interest for Q1 2023 stood at -$53000.0, up from -$99000.0 in the prior quarter.
- The five-year high for Minority Interest was $979000.0 in Q4 2020, with the low at -$193000.0 in Q4 2021.
- Historically, Minority Interest has averaged $346058.8 across 5 years, with a median of -$42000.0 in 2021.
- Annual changes were most pronounced in 2021 — Minority Interest slumped 119.71% — and 2022, when it jumped 48.7%.
- Lincoln Electric Holdings' Minority Interest stood at $905000.0 in 2019, then climbed by 8.18% to $979000.0 in 2020, then tumbled by 119.71% to -$193000.0 in 2021, then soared by 48.7% to -$99000.0 in 2022, then soared by 46.46% to -$53000.0 in 2023.
- The last three Minority Interest figures came in at -$53000.0 (Q1 2023), -$99000.0 (Q4 2022), and -$91000.0 (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Snap-on | 19.71 Bn | 17.98 Bn | 223.10 Mn |
| 2 | RBC Bearings | 18.58 Bn | 18.52 Bn | 230.00 Mn |
| 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 |
| 5 | Timken | 9.17 Bn | 9.33 Bn | 394.00 Mn |
| 6 | Toro | 8.55 Bn | 8.36 Bn | 336.50 Mn |
| 7 | Kennametal | 2.49 Bn | 2.42 Bn | 207.98 Mn |
| 8 | Hillman Solutions | 1.44 Bn | 1.41 Bn | 168.58 Mn |
| 9 | Eastern | 129.83 Mn | 121.67 Mn | 11.93 Mn |
| 10 | Chicago Rivet & Machine | 9.85 Mn | 8.40 Mn | 958,459.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -53,000.00 |
| Dec 31, 2022 | -99,000.00 |
| Sep 30, 2022 | -91,000.00 |
| Jun 30, 2022 | -78,000.00 |
| Mar 31, 2022 | -58,000.00 |
| Dec 31, 2021 | -193,000.00 |
| Sep 30, 2021 | -100,000.00 |
| Jun 30, 2021 | -42,000.00 |
| Mar 31, 2021 | -107,000.00 |
| Dec 31, 2020 | 979,000.00 |
| Sep 30, 2020 | 919,000.00 |
| Jun 30, 2020 | 857,000.00 |
| Mar 31, 2020 | 857,000.00 |
| Dec 31, 2019 | 905,000.00 |
| Sep 30, 2019 | 884,000.00 |
| Jun 30, 2019 | 630,000.00 |
| Mar 31, 2019 | 673,000.00 |
| Dec 31, 2018 | 650,000.00 |
| Sep 30, 2018 | 711,000.00 |
| Jun 30, 2018 | 776,000.00 |