Lincoln Electric Holdings (LECO) Tax Rate (2009 - 2026)

Lincoln Electric Holdings has reported Tax Rate for 18 years, with the latest figure at 21.33% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 135.0% year-over-year to 21.33%; the trailing twelve-month figure through Mar 2026 stood at 40.93% (up 1925.0% YoY), and the FY2025 full-year result was 44.66%, up 2311.0% from the prior year.
• Tax Rate for Q1 2026 stood at 21.33%, up from 13.56% in the prior quarter.
• The five-year high for Tax Rate was 32.61% in Q4 2023, with the low at 11.88% in Q4 2022.
• Historically, Tax Rate has averaged 19.85% across 5 years, with a median of 21.33% in 2026.
• Annual changes were most pronounced in 2023 — Tax Rate surged 4449 bps — and 2024, when it sank 1655 bps.
• Lincoln Electric Holdings' Tax Rate stood at 11.88% in 2022, then soared by 374 bps to 32.61% in 2023, then tumbled by 51 bps to 16.06% in 2024, then slipped by 16 bps to 13.56% in 2025, then jumped by 57 bps to 21.33% in 2026.
• The last three Tax Rate figures came in at 21.33% (Q1 2026), 13.56% (Q4 2025), and 26.13% (Q3 2025), per Business Quant data.