Lincoln Electric Holdings (LECO) Net Margin (2009 - 2026)
Lincoln Electric Holdings' Net Margin came in at 13.00% for Q2 2026, down 0.17 percentage points from 13.17% a year earlier but up 0.84 percentage points from the prior quarter.
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Analysis
Lincoln Electric Holdings (LECO) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Lincoln Electric Holdings reported Net Margin of 12.35%, up 0.08 percentage points year-over-year; for FY2025, it came in at 12.30%, up 0.67 percentage points from FY2024.
- Net Margin carries a five-year change of +4.53 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 11.63% in FY2024 (-1.38 pp), 13.01% in FY2023 (+0.45 pp), 12.56% in FY2022 (+4.00 pp) and 8.55% in FY2021 (+0.79 pp).
- The five-year range for quarterly Net Margin is 3.94% (Q3 2021) to 14.80% (Q4 2023).
- Year-over-year, Net Margin increased in three of the last eight quarters, with an average year-over-year change of -0.07 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q3 2022 (a gain of 7.74 percentage points), and the weakest in Q3 2021 (a drop of 4.80 percentage points).
- Business Quant data shows LECO's Net Margin at 12.16% (Q1 2026), 12.61% (Q4 2025) and 11.56% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 18.95% |
| 10 | Lincoln Electric Holdings | 14.42 Bn | 13.28 Bn | 449.00 Mn | 13.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.00% |
| Mar 31, 2026 | 12.16% |
| Dec 31, 2025 | 12.61% |
| 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 | 14.80% |
| 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 | 8.83% |
| Sep 30, 2021 | 3.94% |
API Access
Lincoln Electric Holdings Net Margin 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=net-margin&ticker=LECO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=LECO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();