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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Lincoln Electric Holdings (LECO) Operating Margin (2016 - 2025)

Lincoln Electric Holdings' Operating Margin history spans 17 years, with the latest figure at 36.33% for Q4 2025.

  • For Q4 2025, Operating Margin fell 358.0% year-over-year to 36.33%; the TTM value through Dec 2025 reached 3.35%, up 24.0%, while the annual FY2025 figure was 3.35%, 24.0% up from the prior year.
  • Operating Margin reached 36.33% in Q4 2025 per LECO's latest filing, down from 16.65% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 18.17% in Q4 2023 to a low of 37.21% in Q4 2022.
  • Average Operating Margin over 5 years is 7.85%, with a median of 15.71% recorded in 2023.
  • Peak YoY movement for Operating Margin: plummeted -5146bps in 2022, then surged 5537bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 14.26% in 2021, then plummeted by -361bps to 37.21% in 2022, then soared by 149bps to 18.17% in 2023, then plummeted by -280bps to 32.75% in 2024, then decreased by -11bps to 36.33% in 2025.
  • Per Business Quant, the three most recent readings for LECO's Operating Margin are 36.33% (Q4 2025), 16.65% (Q3 2025), and 17.65% (Q2 2025).