Lincoln Electric Holdings (LECO) Return on Capital Employed (2010 - 2026)
Lincoln Electric Holdings (LECO) posted Return on Capital Employed of 26.23% for Q1 2026, up 3.73% on a QoQ basis from 25.29% in Q4 2025, and up 178.0% year-over-year from 9.43% in Q1 2025.
Lincoln Electric Holdings (LECO) Return on Capital Employed (2010 - 2026) Analysis & Trends
Lincoln Electric Holdings' Return on Capital Employed history runs 17 years deep, the most recent figure standing at 26.23% for Q1 2026.
- Quarterly Return on Capital Employed rose 178.0% year-over-year to 26.23% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 26.23% (up 178.0% YoY) and the FY2025 annual result came in at 26.67%, up 359.0% from the prior year.
- Return on Capital Employed was 26.23% for Q1 2026 at Lincoln Electric Holdings, up from 25.29% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 50.12% in Q3 2024 and bottomed at 24.45% in Q1 2025.
- A 5-year average of 29.21% and a median of 25.92% in 2024 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2024 — Return on Capital Employed soared 2430 bps — and 2025, when it plunged 2411 bps.
- Lincoln Electric Holdings' Return on Capital Employed stood at 29.28% in 2022, then retreated by 13 bps to 25.36% in 2023, then jumped by 76 bps to 44.66% in 2024, then slumped by 43 bps to 25.29% in 2025, then increased by 4 bps to 26.23% in 2026.
- Business Quant data shows LECO's Return on Capital Employed at 26.23% in Q1 2026, 25.29% in Q4 2025, and 26.02% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.52 Bn | 18.79 Bn | 635.20 Mn | 18.49% |
| 2 | RBC Bearings | 18.73 Bn | 18.68 Bn | 230.00 Mn | 9.18% |
| 3 | Lincoln Electric Holdings | 13.73 Bn | 13.43 Bn | 399.13 Mn | 26.23% |
| 4 | Stanley Black & Decker | 13.27 Bn | 12.93 Bn | 1.16 Bn | -65.15% |
| 5 | Timken | 9.80 Bn | 9.96 Bn | 394.00 Mn | 9.71% |
| 6 | Toro | 8.88 Bn | 8.69 Bn | 336.50 Mn | 16.49% |
| 7 | Kennametal | 2.66 Bn | 2.59 Bn | 207.98 Mn | 9.45% |
| 8 | Hillman Solutions | 1.55 Bn | 1.52 Bn | 168.58 Mn | 4.98% |
| 9 | Eastern | 147.40 Mn | 139.23 Mn | 11.93 Mn | 4.43% |
| 10 | Chicago Rivet & Machine | 9.81 Mn | 8.36 Mn | 958,459.00 | -8.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 22.48% |