Lincoln Electric Holdings (LECO) Operating Expenses (2009 - 2026)
Lincoln Electric Holdings' (LECO) quarterly Operating Expenses came in at $228.4 million in Q2 2026, up 7.01% YoY from $213.4 million in Q2 2025, and up 7.22% on a QoQ basis from $213.0 million in Q1 2026.
Lincoln Electric Holdings (LECO) Operating Expenses (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings (LECO) has 18 years of Operating Expenses data on file, last reported at $228.4 million in Q2 2026.
- Quarterly Operating Expenses rose 7.01% year-over-year to $228.4 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $843.6 million (up 3.88% YoY) and the FY2025 annual result came in at $816.2 million, down 2.42% from the prior year.
- Operating Expenses improved to $228.4 million in Q2 2026, from $213.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $235.0 million in Q2 2024 to a low of $165.9 million in Q2 2022.
- A 5-year average of $195.0 million and a median of $194.8 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses gained 20.24% — and 2025, when it slipped 9.18%.
- Tracing LECO's Operating Expenses over 5 years: stood at $166.5 million in 2022, then climbed by 0.3% to $167.0 million in 2023, then grew by 14.73% to $191.6 million in 2024, then retreated by 1.04% to $189.6 million in 2025, then grew by 20.44% to $228.4 million in 2026.
- The last three Operating Expenses figures came in at $228.4 million (Q2 2026), $213.0 million (Q1 2026), and $189.6 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.25 Bn | 18.60 Bn | 635.20 Mn | 370.70 Mn |
| 2 | RBC Bearings | 15.94 Bn | 15.81 Bn | 247.80 Mn | 107.00 Mn |
| 3 | Lincoln Electric Holdings | 15.14 Bn | 14.90 Bn | 449.00 Mn | 228.35 Mn |
| 4 | Stanley Black & Decker | 14.83 Bn | 14.24 Bn | 1.31 Bn | 3.46 Bn |
| 5 | Toro | 9.43 Bn | 9.25 Bn | 482.70 Mn | 287.70 Mn |
| 6 | Timken | 8.64 Bn | 8.24 Bn | 399.30 Mn | 293.80 Mn |
| 7 | Kennametal | 2.27 Bn | 2.17 Bn | 433.56 Mn | 128.29 Mn |
| 8 | Hillman Solutions | 1.63 Bn | 1.59 Bn | 208.09 Mn | 156.52 Mn |
| 9 | Eastern | 151.10 Mn | 135.96 Mn | - | - |
| 10 | Chicago Rivet & Machine | 9.59 Mn | 8.82 Mn | 563,312.00 | 1.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 228.35 Mn |
| Mar 31, 2026 | 212.97 Mn |
| Dec 31, 2025 | 189.61 Mn |
| Sep 30, 2025 | 212.65 Mn |
| Jun 30, 2025 | 213.40 Mn |
| Mar 31, 2025 | 200.53 Mn |
| Dec 31, 2024 | 191.61 Mn |
| Sep 30, 2024 | 206.52 Mn |
| Jun 30, 2024 | 234.98 Mn |
| Mar 31, 2024 | 203.35 Mn |
| Dec 31, 2023 | 167.00 Mn |
| Sep 30, 2023 | 194.19 Mn |
| Jun 30, 2023 | 195.42 Mn |
| Mar 31, 2023 | 190.99 Mn |
| Dec 31, 2022 | 166.50 Mn |
| Sep 30, 2022 | 167.41 Mn |
| Jun 30, 2022 | 165.95 Mn |
| Mar 31, 2022 | 168.57 Mn |
| Dec 31, 2021 | 152.31 Mn |
| Sep 30, 2021 | 152.60 Mn |