Lincoln Electric Holdings (LECO) Price to Earnings (2010 - 2026)
Lincoln Electric Holdings' (LECO) Price to Earnings stood at 26.14 in Q2 2026, up 14.9% from 22.75 a year earlier and up 3.2% from the prior quarter.
Analysis
Lincoln Electric Holdings (LECO) Price to Earnings (2010 - 2026) Analysis & Trends
For FY2025, Lincoln Electric Holdings' Price to Earnings came in at 25.25, up 11.7% from FY2024.
- Across earlier years, Price to Earnings came in at 22.61 in FY2024 (-0.5%), 22.72 in FY2023 (+28.9%), 17.63 in FY2022 (-40.5%) and 29.64 in FY2021 (-11.9%).
- The Q2 2026 figure is the highest quarterly Price to Earnings since Q1 2024.
- On a year-over-year basis, Price to Earnings has increased for five consecutive quarters, with growth averaging 6.2% over the last eight quarters.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 28.9% in Q4 2023, against a decline of 41.7% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 25.34 (Q1 2026), 25.25 (Q4 2025) and 24.73 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn |
| 10 | Lincoln Electric Holdings | 14.96 Bn | 13.81 Bn | 449.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.14 |
| Mar 31, 2026 | 25.34 |
| Dec 31, 2025 | 25.25 |
| Sep 30, 2025 | 24.73 |
| Jun 30, 2025 | 22.75 |
| Mar 31, 2025 | 22.90 |
| Dec 31, 2024 | 22.61 |
| Sep 30, 2024 | 22.45 |
| Jun 30, 2024 | 20.92 |
| Mar 31, 2024 | 26.59 |
| Dec 31, 2023 | 22.72 |
| Sep 30, 2023 | 20.89 |
| Jun 30, 2023 | 23.88 |
| Mar 31, 2023 | 20.80 |
| Dec 31, 2022 | 17.63 |
| Sep 30, 2022 | 16.59 |
| Jun 30, 2022 | 19.84 |
| Mar 31, 2022 | 24.38 |
| Dec 31, 2021 | 29.64 |
| Sep 30, 2021 | 28.47 |
API Access
Lincoln Electric Holdings Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=LECO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "LECO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=LECO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();