Lincoln Electric Holdings LECO
NASDAQ LECO
$271.52 -5.53 (-2.00%)
As of: Sep 9, 2026 · 3:59 PM EDT

Lincoln Electric Holdings (LECO) Price to Book (2009 - 2026)

Lincoln Electric Holdings' (LECO) quarterly Price to Book came in at 9.31 in Q2 2026, up 12.28% on a YoY basis from 8.29 in Q2 2025, and up 3.12% quarter-over-quarter from 9.03 in Q1 2026.

Analysis

Lincoln Electric Holdings (LECO) Price to Book (2009 - 2026) Analysis & Trends

Lincoln Electric Holdings (LECO) has reported Price to Book for 18 consecutive years, with 9.31 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Price to Book rose 12.28% year-over-year to 9.31; the trailing twelve-month figure through Jun 2026 stood at 9.31 (up 12.28% YoY), and the FY2025 full-year result was 8.94, up 12.64% from the prior year.
  • Price to Book advanced to 9.31 in Q2 2026 per LECO's latest filing, from 9.03 in the prior quarter.
  • Across five years, Price to Book topped out at 11.12 in Q1 2024 and bottomed at 7.83 in Q2 2022.
  • Historically, Price to Book has averaged 8.72 across 5 years, with a median of 8.57 in 2023.
  • The sharpest annual moves came in 2024 and 2025: Price to Book rose 28.47% in 2024, then dropped 29.11% in 2025.
  • Over 5 years, Price to Book stood at 8.05 in 2022, then advanced by 17.57% to 9.47 in 2023, then decreased by 16.14% to 7.94 in 2024, then gained by 12.64% to 8.94 in 2025, then increased by 4.13% to 9.31 in 2026.
  • According to Business Quant data, Price to Book over the past three periods registered 9.31, 9.03, and 8.94 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

Historic Data

Download Data
DateValue
Jun 30, 2026 9.31
Mar 31, 2026 9.03
Dec 31, 2025 8.94
Sep 30, 2025 9.17
Jun 30, 2025 8.29
Mar 31, 2025 7.88
Dec 31, 2024 7.94
Sep 30, 2024 8.09
Jun 30, 2024 8.14
Mar 31, 2024 11.12
Dec 31, 2023 9.47
Sep 30, 2023 8.48
Jun 30, 2023 9.49
Mar 31, 2023 8.65
Dec 31, 2022 8.05
Sep 30, 2022 7.85
Jun 30, 2022 7.83
Mar 31, 2022 9.28
Dec 31, 2021 9.49
Sep 30, 2021 8.86