Lincoln Electric Holdings (LECO) Payout Ratio (2009 - 2026)
Lincoln Electric Holdings' (LECO) quarterly Payout Ratio came in at 0.27 in Q2 2026, down 6.38% on a YoY basis from 0.29 in Q2 2025, and down 15.28% quarter-over-quarter from 0.32 in Q1 2026.
Analysis
Lincoln Electric Holdings (LECO) Payout Ratio (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings (LECO) has reported Payout Ratio for 18 consecutive years, with 0.27 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payout Ratio fell 6.38% year-over-year to 0.27; the trailing twelve-month figure through Jun 2026 stood at 0.31 (down 13.83% YoY), and the FY2025 full-year result was 0.32, down 15.28% from the prior year.
- Payout Ratio eased to 0.27 in Q2 2026 per LECO's latest filing, from 0.32 in the prior quarter.
- Across five years, Payout Ratio topped out at 0.81 in Q4 2022 and bottomed at 0.24 in Q2 2022.
- Historically, Payout Ratio has averaged 0.34 across 5 years, with a median of 0.32 in 2025.
- The sharpest annual moves came in 2022 and 2024: Payout Ratio slumped 65.86% in 2022, then surged 60.54% in 2024.
- Over 5 years, Payout Ratio stood at 0.81 in 2022, then slumped by 53.42% to 0.38 in 2023, then grew by 7.09% to 0.41 in 2024, then slipped by 24.23% to 0.31 in 2025, then decreased by 10.84% to 0.27 in 2026.
- According to Business Quant data, Payout Ratio over the past three periods registered 0.27, 0.32, and 0.31 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Snap-on | 19.54 Bn | 17.89 Bn | 635.20 Mn |
| 2 | Lincoln Electric Holdings | 14.85 Bn | 14.61 Bn | 449.00 Mn |
| 3 | Stanley Black & Decker | 13.78 Bn | 13.19 Bn | 1.31 Bn |
| 4 | Esab | 4.49 Bn | 4.27 Bn | 307.21 Mn |
| 5 | Vontier | 4.44 Bn | 4.18 Bn | 365.00 Mn |
| 6 | Brady | 4.13 Bn | 3.94 Bn | 231.13 Mn |
| 7 | Kennametal | 2.26 Bn | 2.16 Bn | 433.56 Mn |
| 8 | Enerpac Tool | 1.86 Bn | 1.75 Bn | 88.78 Mn |
| 9 | MSA Safety | 1.45 Bn | 1.25 Bn | 249.29 Mn |
| 10 | Lakeland Industries | 109.62 Mn | 92.20 Mn | 14.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.27 |
| Mar 31, 2026 | 0.32 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.34 |
| Jun 30, 2025 | 0.29 |
| Mar 31, 2025 | 0.36 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 0.40 |
| Jun 30, 2024 | 0.40 |
| Mar 31, 2024 | 0.33 |
| Dec 31, 2023 | 0.38 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.28 |
| Dec 31, 2022 | 0.81 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.24 |
| Mar 31, 2022 | 0.25 |
| Dec 31, 2021 | 0.61 |
| Sep 30, 2021 | 0.81 |