Lincoln Electric Holdings (LECO) Net Margin (2009 - 2026)

Lincoln Electric Holdings (LECO) posted Net Margin of 12.16% for Q1 2026, up 158.75% on a QoQ basis from 20.7% in Q4 2025, and up 36.0% year-over-year from 8.94% in Q1 2025.

Lincoln Electric Holdings (LECO) Net Margin (2009 - 2026) Analysis & Trends

Lincoln Electric Holdings' Net Margin history runs 18 years deep, the most recent figure standing at 12.16% for Q1 2026.

  • Quarterly Net Margin rose 36.0% year-over-year to 12.16% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.12% (down 630.0% YoY) and the FY2025 annual result came in at 3.81%, down 679.0% from the prior year.
  • Net Margin was 12.16% for Q1 2026 at Lincoln Electric Holdings, up from 20.7% in the prior quarter.
  • Across five years, Net Margin topped out at 13.62% in Q1 2022 and bottomed at 20.7% in Q4 2025.
  • A 5-year average of 10.02% and a median of 11.8% in 2025 frame the typical range for Net Margin.
  • Annual changes were most pronounced in 2022 — Net Margin surged 774 bps — and 2025, when it sank 3040 bps.
  • Lincoln Electric Holdings' Net Margin stood at 11.72% in 2022, then gained by 7 bps to 12.54% in 2023, then fell by 23 bps to 9.7% in 2024, then slumped by 313 bps to 20.7% in 2025, then jumped by 159 bps to 12.16% in 2026.
  • Business Quant data shows LECO's Net Margin at 12.16% in Q1 2026, 20.7% in Q4 2025, and 11.56% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Snap-on 20.52 Bn 18.79 Bn 635.20 Mn 19.94%
2 RBC Bearings 18.73 Bn 18.68 Bn 230.00 Mn 17.70%
3 Lincoln Electric Holdings 13.73 Bn 13.43 Bn 399.13 Mn 12.16%
4 Stanley Black & Decker 13.27 Bn 12.93 Bn 1.16 Bn 1.55%
5 Timken 9.80 Bn 9.96 Bn 394.00 Mn 8.60%
6 Toro 8.88 Bn 8.69 Bn 336.50 Mn 6.55%
7 Kennametal 2.66 Bn 2.59 Bn 207.98 Mn 10.31%
8 Hillman Solutions 1.55 Bn 1.52 Bn 168.58 Mn -1.28%
9 Eastern 147.40 Mn 139.23 Mn 11.93 Mn -
10 Chicago Rivet & Machine 9.81 Mn 8.36 Mn 958,459.00 -5.28%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 11.65%