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| 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 | 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% |