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

Lincoln Electric Holdings (LECO) posted Tax Rate of 21.33% for Q1 2026, down 38.44% on a QoQ basis from 34.65% in Q4 2025, and down 135.0% year-over-year from 60.94% in Q1 2025.

Lincoln Electric Holdings (LECO) Tax Rate (2009 - 2026) Analysis & Trends

Lincoln Electric Holdings' Tax Rate history runs 18 years deep, the most recent figure standing at 21.33% for Q1 2026.

  • Quarterly Tax Rate fell 135.0% year-over-year to 21.33% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.17% (down 2750.0% YoY) and the FY2025 annual result came in at 0.07%, down 2854.0% from the prior year.
  • Tax Rate was 21.33% for Q1 2026 at Lincoln Electric Holdings, down from 34.65% in the prior quarter.
  • Across five years, Tax Rate topped out at 40.67% in Q4 2024 and bottomed at 19.6% in Q4 2022.
  • A 5-year average of 24.39% and a median of 21.88% in 2025 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate sank 1852 bps — and 2023, when it surged 1300 bps.
  • Lincoln Electric Holdings' Tax Rate stood at 19.6% in 2022, then jumped by 66 bps to 32.61% in 2023, then gained by 25 bps to 40.67% in 2024, then fell by 15 bps to 34.65% in 2025, then plunged by 38 bps to 21.33% in 2026.
  • Business Quant data shows LECO's Tax Rate at 21.33% in Q1 2026, 34.65% in Q4 2025, and 26.13% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Snap-on 20.52 Bn 18.79 Bn 635.20 Mn 21.52%
2 RBC Bearings 18.73 Bn 18.68 Bn 230.00 Mn 5.79%
3 Lincoln Electric Holdings 13.73 Bn 13.43 Bn 399.13 Mn 21.33%
4 Stanley Black & Decker 13.27 Bn 12.93 Bn 1.16 Bn 29.72%
5 Timken 9.80 Bn 9.96 Bn 394.00 Mn 25.89%
6 Toro 8.88 Bn 8.69 Bn 336.50 Mn 21.86%
7 Kennametal 2.66 Bn 2.59 Bn 207.98 Mn 23.32%
8 Hillman Solutions 1.55 Bn 1.52 Bn 168.58 Mn 18.29%
9 Eastern 147.40 Mn 139.23 Mn 11.93 Mn 21.01%
10 Chicago Rivet & Machine 9.81 Mn 8.36 Mn 958,459.00 4.65%

Historic Data

Download Data
DateValue
Mar 31, 2026 21.33%
Mar 31, 2026 21.33%
Mar 31, 2026 21.33%
Dec 31, 2025 34.65%
Dec 31, 2025 34.65%
Dec 31, 2025 34.65%
Sep 30, 2025 26.13%
Sep 30, 2025 26.13%
Sep 30, 2025 26.13%
Jun 30, 2025 21.88%
Jun 30, 2025 21.88%
Jun 30, 2025 21.88%
Mar 31, 2025 22.68%
Mar 31, 2025 22.68%
Mar 31, 2025 22.68%
Dec 31, 2024 40.67%
Dec 31, 2024 40.67%
Dec 31, 2024 40.67%
Sep 30, 2024 23.64%
Sep 30, 2024 23.64%