Lincoln Electric Holdings (LECO) Net Margin (2009 - 2026)
Lincoln Electric Holdings' (LECO) quarterly Net Margin came in at 13.0% in Q2 2026, down 17.0% YoY from 15.66% in Q2 2025, and up 6.87% on a QoQ basis from 12.16% in Q1 2026.
Lincoln Electric Holdings (LECO) Net Margin (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings (LECO) has 18 years of Net Margin data on file, last reported at 13.0% in Q2 2026.
- Quarterly Net Margin fell 17.0% year-over-year to 13.0% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 12.35% (up 109.0% YoY) and the FY2025 annual result came in at 12.3%, up 170.0% from the prior year.
- Net Margin rose to 13.0% in Q2 2026, from 12.16% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 13.62% in Q1 2022 to a low of 6.52% in Q4 2022.
- A 5-year average of 11.75% and a median of 12.34% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin surged 774 bps — and 2024, when it sank 299 bps.
- Tracing LECO's Net Margin over 5 years: stood at 6.52% in 2022, then surged by 92 bps to 12.54% in 2023, then dropped by 23 bps to 9.7% in 2024, then surged by 30 bps to 12.61% in 2025, then gained by 3 bps to 13.0% in 2026.
- The last three Net Margin figures came in at 13.0% (Q2 2026), 12.16% (Q1 2026), and 12.61% (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.25 Bn | 18.60 Bn | 635.20 Mn | 19.94% |
| 2 | RBC Bearings | 15.94 Bn | 15.81 Bn | 247.80 Mn | 19.54% |
| 3 | Lincoln Electric Holdings | 15.14 Bn | 14.90 Bn | 449.00 Mn | 13.00% |
| 4 | Stanley Black & Decker | 14.83 Bn | 14.24 Bn | 1.31 Bn | 8.87% |
| 5 | Toro | 9.43 Bn | 9.25 Bn | 482.70 Mn | 10.21% |
| 6 | Timken | 8.64 Bn | 8.24 Bn | 399.30 Mn | 2.95% |
| 7 | Kennametal | 2.27 Bn | 2.17 Bn | 433.56 Mn | 31.15% |
| 8 | Hillman Solutions | 1.63 Bn | 1.59 Bn | 208.09 Mn | 4.78% |
| 9 | Eastern | 151.10 Mn | 135.96 Mn | - | - |
| 10 | Chicago Rivet & Machine | 9.59 Mn | 8.82 Mn | 563,312.00 | -13.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.00% |
| Mar 31, 2026 | 12.16% |
| Dec 31, 2025 | -20.70% |
| Sep 30, 2025 | 11.56% |
| Jun 30, 2025 | 13.17% |
| Mar 31, 2025 | 11.80% |
| Dec 31, 2024 | 9.70% |
| Sep 30, 2024 | 10.24% |
| Jun 30, 2024 | 9.95% |
| Mar 31, 2024 | 12.58% |
| Dec 31, 2023 | 12.54% |
| Sep 30, 2023 | 12.52% |
| Jun 30, 2023 | 12.95% |
| Mar 31, 2023 | 11.73% |
| Dec 31, 2022 | 11.72% |
| Sep 30, 2022 | 11.68% |
| Jun 30, 2022 | 13.18% |
| Mar 31, 2022 | 13.62% |
| Dec 31, 2021 | 5.25% |
| Sep 30, 2021 | 3.94% |