Lincoln Electric Holdings (LECO) Tax Rate (2016 - 2025)
Lincoln Electric Holdings (LECO) has disclosed Tax Rate for 16 consecutive years, with 40.67% as the latest value for Q4 2024.
- For the quarter ending Q4 2024, Tax Rate rose 5364.0% year-over-year to 40.67%, compared with a TTM value of 28.47% through Dec 2024, down 5083.0%, and an annual FY2025 reading of 30.12%, up 165.0% over the prior year.
- Tax Rate was 40.67% for Q4 2024 at Lincoln Electric Holdings, up from 23.64% in the prior quarter.
- Across five years, Tax Rate topped out at 40.67% in Q4 2024 and bottomed at 16.3% in Q4 2020.
- Average Tax Rate over 5 years is 16.8%, with a median of 20.6% recorded in 2022.
- The sharpest move saw Tax Rate plummeted -1859bps in 2020, then soared 5364bps in 2024.
- Year by year, Tax Rate stood at 16.3% in 2020, then surged by 206bps to 17.33% in 2021, then plummeted by -169bps to 11.88% in 2022, then decreased by -9bps to 12.97% in 2023, then soared by 413bps to 40.67% in 2024.
- Business Quant data shows Tax Rate for LECO at 40.67% in Q4 2024, 23.64% in Q3 2024, and 25.56% in Q2 2024.