Growth Metrics

Lincoln Electric Holdings (LECO) Operating Margin (2016 - 2026)

Lincoln Electric Holdings filings provide 18 years of Operating Margin readings, the most recent being 16.6% for Q1 2026.

  • On a quarterly basis, Operating Margin rose 18.0% to 16.6% in Q1 2026 year-over-year; TTM through Mar 2026 was 17.0%, a 121.0% increase, with the full-year FY2025 number at 16.96%, up 109.0% from a year prior.
  • Operating Margin hit 16.6% in Q1 2026 for Lincoln Electric Holdings, down from 17.09% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 17.92% in Q1 2022 to a low of 37.21% in Q4 2022.
  • Median Operating Margin over the past 5 years was 16.6% (2026), compared with a mean of 10.39%.
  • Biggest five-year swings in Operating Margin: plummeted -3790bps in 2022 and later surged 5223bps in 2024.
  • Lincoln Electric Holdings' Operating Margin stood at 37.21% in 2022, then increased by 6bps to 34.91% in 2023, then soared by 150bps to 17.32% in 2024, then decreased by -1bps to 17.09% in 2025, then dropped by -3bps to 16.6% in 2026.
  • The last three reported values for Operating Margin were 16.6% (Q1 2026), 17.09% (Q4 2025), and 16.65% (Q3 2025) per Business Quant data.