Lincoln Electric Holdings (LECO) Return on Capital Employed (2010 - 2026)
Lincoln Electric Holdings' (LECO) quarterly Return on Capital Employed came in at 25.86% in Q2 2026, up 23.0% YoY from 21.03% in Q2 2025, and down 1.4% on a QoQ basis from 26.23% in Q1 2026.
Lincoln Electric Holdings (LECO) Return on Capital Employed (2010 - 2026) Analysis & Trends
Lincoln Electric Holdings (LECO) has 17 years of Return on Capital Employed data on file, last reported at 25.86% in Q2 2026.
- Quarterly Return on Capital Employed rose 23.0% year-over-year to 25.86% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 25.86% (up 23.0% YoY) and the FY2025 annual result came in at 26.67%, up 359.0% from the prior year.
- Return on Capital Employed declined to 25.86% in Q2 2026, from 26.23% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 31.94% in Q3 2022 to a low of 22.21% in Q4 2024.
- A 5-year average of 26.52% and a median of 25.87% in 2026 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2022 — Return on Capital Employed jumped 1233 bps — and 2023, when it tumbled 565 bps.
- Tracing LECO's Return on Capital Employed over 5 years: stood at 29.73% in 2022, then retreated by 13 bps to 25.78% in 2023, then slipped by 14 bps to 22.21% in 2024, then gained by 14 bps to 25.29% in 2025, then advanced by 2 bps to 25.86% in 2026.
- The last three Return on Capital Employed figures came in at 25.86% (Q2 2026), 26.23% (Q1 2026), and 25.29% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.34 Bn | 18.69 Bn | 635.20 Mn | 18.49% |
| 2 | RBC Bearings | 15.93 Bn | 15.81 Bn | 247.80 Mn | 9.89% |
| 3 | Lincoln Electric Holdings | 15.40 Bn | 15.16 Bn | 449.00 Mn | 25.86% |
| 4 | Stanley Black & Decker | 15.00 Bn | 14.41 Bn | 1.31 Bn | -58.09% |
| 5 | Toro | 9.61 Bn | 9.43 Bn | 482.70 Mn | 17.08% |
| 6 | Timken | 8.70 Bn | 8.30 Bn | 399.30 Mn | 8.46% |
| 7 | Kennametal | 2.29 Bn | 2.19 Bn | 433.56 Mn | 20.80% |
| 8 | Hillman Solutions | 1.64 Bn | 1.61 Bn | 208.09 Mn | 5.22% |
| 9 | Eastern | 149.30 Mn | 134.16 Mn | - | - |
| 10 | Chicago Rivet & Machine | 9.70 Mn | 8.93 Mn | 563,312.00 | -11.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.86% |
| Mar 31, 2026 | 26.23% |
| Dec 31, 2025 | 25.29% |
| Sep 30, 2025 | 26.02% |
| Jun 30, 2025 | 25.64% |
| Mar 31, 2025 | 24.45% |
| Dec 31, 2024 | 44.66% |
| Sep 30, 2024 | 50.12% |
| Jun 30, 2024 | 25.92% |
| Mar 31, 2024 | 25.09% |
| Dec 31, 2023 | 25.36% |
| Sep 30, 2023 | 25.82% |
| Jun 30, 2023 | 25.04% |
| Mar 31, 2023 | 25.51% |
| Dec 31, 2022 | 29.28% |
| Sep 30, 2022 | 31.44% |
| Jun 30, 2022 | 30.70% |
| Mar 31, 2022 | 29.98% |
| Dec 31, 2021 | 25.40% |
| Sep 30, 2021 | 23.91% |