Lincoln Electric Holdings (LECO) Tax Provisions (2009 - 2026)
Lincoln Electric Holdings (LECO) reported Tax Provisions of $37.0 million for Q1 2026, up 6.4% on a YoY basis from $34.7 million in Q1 2025, and up 179.79% quarter-over-quarter from -$46.3 million in Q4 2025.
Lincoln Electric Holdings (LECO) Tax Provisions (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings has reported Tax Provisions for 18 years, with the latest figure at $37.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 6.4% year-over-year to $37.0 million; the trailing twelve-month figure through Mar 2026 stood at $74.2 million (down 41.91% YoY), and the FY2025 full-year result was $71.9 million, down 43.81% from the prior year.
- Tax Provisions for Q1 2026 stood at $37.0 million, up from -$46.3 million in the prior quarter.
- The five-year high for Tax Provisions was $64.2 million in Q4 2023, with the low at -$46.3 million in Q4 2025.
- Historically, Tax Provisions has averaged $30.8 million across 5 years, with a median of $33.6 million in 2022.
- Annual changes were most pronounced in 2022 — Tax Provisions jumped 1036.71% — and 2025, when it tumbled 272.74%.
- Lincoln Electric Holdings' Tax Provisions stood at $26.6 million in 2022, then jumped by 141.41% to $64.2 million in 2023, then plunged by 58.25% to $26.8 million in 2024, then plunged by 272.74% to -$46.3 million in 2025, then surged by 179.79% to $37.0 million in 2026.
- The last three Tax Provisions figures came in at $37.0 million (Q1 2026), -$46.3 million (Q4 2025), and $43.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.71 Bn | 17.98 Bn | 223.10 Mn | 69.70 Mn |
| 2 | RBC Bearings | 18.58 Bn | 18.52 Bn | 230.00 Mn | 17.20 Mn |
| 3 | Lincoln Electric Holdings | 14.37 Bn | 14.06 Bn | 399.13 Mn | 36.97 Mn |
| 4 | Stanley Black & Decker | 11.91 Bn | 11.58 Bn | 1.16 Bn | 25.20 Mn |
| 5 | Timken | 9.17 Bn | 9.33 Bn | 394.00 Mn | 37.00 Mn |
| 6 | Toro | 8.55 Bn | 8.36 Bn | 336.50 Mn | 19.00 Mn |
| 7 | Kennametal | 2.49 Bn | 2.42 Bn | 207.98 Mn | 18.59 Mn |
| 8 | Hillman Solutions | 1.44 Bn | 1.41 Bn | 168.58 Mn | -1.06 Mn |
| 9 | Eastern | 129.83 Mn | 121.67 Mn | 11.93 Mn | 170,264.00 |
| 10 | Chicago Rivet & Machine | 9.85 Mn | 8.40 Mn | 958,459.00 | -17,643.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.97 Mn |
| Dec 31, 2025 | -46.34 Mn |
| Sep 30, 2025 | 43.37 Mn |
| Jun 30, 2025 | 40.16 Mn |
| Mar 31, 2025 | 34.75 Mn |
| Dec 31, 2024 | 26.82 Mn |
| Sep 30, 2024 | 31.19 Mn |
| Jun 30, 2024 | 34.92 Mn |
| Mar 31, 2024 | 35.12 Mn |
| Dec 31, 2023 | 64.24 Mn |
| Sep 30, 2023 | 32.09 Mn |
| Jun 30, 2023 | 35.73 Mn |
| Mar 31, 2023 | 33.41 Mn |
| Dec 31, 2022 | 26.61 Mn |
| Sep 30, 2022 | 28.26 Mn |
| Jun 30, 2022 | 32.12 Mn |
| Mar 31, 2022 | 33.61 Mn |
| Dec 31, 2021 | -2.84 Mn |
| Sep 30, 2021 | 6.66 Mn |
| Jun 30, 2021 | 21.58 Mn |