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

Lincoln Electric Holdings (LECO) reported Net Margin of 12.16% for Q1 2026, up 36.0% on a YoY basis from 8.94% in Q1 2025, and up 144.42% quarter-over-quarter from 27.38% in Q4 2025.

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

Lincoln Electric Holdings has reported Net Margin for 18 years, with the latest figure at 12.16% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin rose 36.0% year-over-year to 12.16%; the trailing twelve-month figure through Mar 2026 stood at 2.46% (down 898.0% YoY), and the FY2025 full-year result was 2.11%, down 952.0% from the prior year.
  • Net Margin for Q1 2026 stood at 12.16%, up from 27.38% in the prior quarter.
  • The five-year high for Net Margin was 13.72% in Q4 2024, with the low at 27.38% in Q4 2025.
  • Historically, Net Margin has averaged 7.59% across 5 years, with a median of 12.16% in 2026.
  • Annual changes were most pronounced in 2023 — Net Margin jumped 3947 bps — and 2025, when it tumbled 4110 bps.
  • Lincoln Electric Holdings' Net Margin stood at 26.92% in 2022, then soared by 147 bps to 12.54% in 2023, then advanced by 9 bps to 13.72% in 2024, then plunged by 300 bps to 27.38% in 2025, then jumped by 144 bps to 12.16% in 2026.
  • The last three Net Margin figures came in at 12.16% (Q1 2026), 27.38% (Q4 2025), and 11.56% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Snap-on 19.71 Bn 17.98 Bn 223.10 Mn 19.38%
2 RBC Bearings 18.58 Bn 18.52 Bn 230.00 Mn 17.70%
3 Lincoln Electric Holdings 14.37 Bn 14.06 Bn 399.13 Mn 12.16%
4 Stanley Black & Decker 11.91 Bn 11.58 Bn 1.16 Bn 1.55%
5 Timken 9.17 Bn 9.33 Bn 394.00 Mn 8.60%
6 Toro 8.55 Bn 8.36 Bn 336.50 Mn 6.55%
7 Kennametal 2.49 Bn 2.42 Bn 207.98 Mn 10.31%
8 Hillman Solutions 1.44 Bn 1.41 Bn 168.58 Mn -1.28%
9 Eastern 129.83 Mn 121.67 Mn 11.93 Mn -
10 Chicago Rivet & Machine 9.85 Mn 8.40 Mn 958,459.00 -5.28%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.16%
Dec 31, 2025 -27.38%
Sep 30, 2025 11.56%
Jun 30, 2025 13.17%
Mar 31, 2025 11.80%
Dec 31, 2024 13.72%
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 -26.92%
Sep 30, 2022 11.68%
Jun 30, 2022 13.18%
Mar 31, 2022 13.62%
Dec 31, 2021 -12.71%
Sep 30, 2021 3.94%
Jun 30, 2021 11.65%