Lincoln Electric Holdings (LECO) Return on Capital Employed (2010 - 2026)

Lincoln Electric Holdings (LECO) reported Return on Capital Employed of 26.23% for Q1 2026, up 178.0% on a YoY basis from 9.43% in Q1 2025, and up 3.73% quarter-over-quarter from 25.29% in Q4 2025.

Lincoln Electric Holdings (LECO) Return on Capital Employed (2010 - 2026) Analysis & Trends

Lincoln Electric Holdings has reported Return on Capital Employed for 17 years, with the latest figure at 26.23% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed rose 178.0% year-over-year to 26.23%; the trailing twelve-month figure through Mar 2026 stood at 26.23% (up 178.0% YoY), and the FY2025 full-year result was 26.67%, up 359.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 26.23%, up from 25.29% in the prior quarter.
  • The five-year high for Return on Capital Employed was 26.23% in Q1 2026, with the low at 3.28% in Q3 2024.
  • Historically, Return on Capital Employed has averaged 15.76% across 5 years, with a median of 22.21% in 2024.
  • Annual changes were most pronounced in 2023 — Return on Capital Employed plunged 1868 bps — and 2025, when it soared 2274 bps.
  • Lincoln Electric Holdings' Return on Capital Employed stood at 6.38% in 2022, then dropped by 13 bps to 5.57% in 2023, then jumped by 299 bps to 22.21% in 2024, then gained by 14 bps to 25.29% in 2025, then climbed by 4 bps to 26.23% in 2026.
  • The last three Return on Capital Employed figures came in at 26.23% (Q1 2026), 25.29% (Q4 2025), and 26.02% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Snap-on 19.71 Bn 17.98 Bn 223.10 Mn 18.58%
2 RBC Bearings 18.58 Bn 18.52 Bn 230.00 Mn 1.69%
3 Lincoln Electric Holdings 14.37 Bn 14.06 Bn 399.13 Mn 26.23%
4 Stanley Black & Decker 11.91 Bn 11.58 Bn 1.16 Bn -65.15%
5 Timken 9.17 Bn 9.33 Bn 394.00 Mn 9.71%
6 Toro 8.55 Bn 8.36 Bn 336.50 Mn 16.49%
7 Kennametal 2.49 Bn 2.42 Bn 207.98 Mn 9.45%
8 Hillman Solutions 1.44 Bn 1.41 Bn 168.58 Mn 4.98%
9 Eastern 129.83 Mn 121.67 Mn 11.93 Mn 4.43%
10 Chicago Rivet & Machine 9.85 Mn 8.40 Mn 958,459.00 -8.23%

Historic Data

Download Data
DateValue
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 22.21%
Sep 30, 2024 3.28%
Jun 30, 2024 4.43%
Mar 31, 2024 5.38%
Dec 31, 2023 5.57%
Sep 30, 2023 7.11%
Jun 30, 2023 6.18%
Mar 31, 2023 5.64%
Dec 31, 2022 6.38%
Sep 30, 2022 25.78%
Jun 30, 2022 24.72%
Mar 31, 2022 23.66%
Dec 31, 2021 19.12%
Sep 30, 2021 11.07%
Jun 30, 2021 9.24%