Lincoln Electric Holdings (LECO) Times Interest Earned (2009 - 2026)
Lincoln Electric Holdings' (LECO) quarterly Times Interest Earned came in at $3.74 in Q2 2026, down 72.18% YoY from $13.45 in Q2 2025, and up 22.75% on a QoQ basis from $3.05 in Q1 2026.
Lincoln Electric Holdings (LECO) Times Interest Earned (2009 - 2026) Analysis & Trends
Lincoln Electric Holdings (LECO) has 18 years of Times Interest Earned data on file, last reported at $3.74 in Q2 2026.
- Quarterly Times Interest Earned fell 72.18% year-over-year to $3.74 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $13.03 (up 9.15% YoY) and the FY2025 annual result came in at $12.21, up 1.48% from the prior year.
- Times Interest Earned improved to $3.74 in Q2 2026, from $3.05 in the prior quarter.
- In the past five years, Times Interest Earned ranged from a high of $25.23 in Q1 2022 to a low of $3.05 in Q1 2026.
- A 5-year average of $13.46 and a median of $12.96 in 2024 frame the typical range for Times Interest Earned.
- Annual changes were most pronounced in 2022 — Times Interest Earned jumped 41.1% — and 2026, when it tumbled 73.4%.
- Tracing LECO's Times Interest Earned over 5 years: stood at $14.51 in 2022, then rose by 11.29% to $16.15 in 2023, then fell by 22.83% to $12.47 in 2024, then slipped by 1.52% to $12.28 in 2025, then slumped by 69.5% to $3.74 in 2026.
- The last three Times Interest Earned figures came in at $3.74 (Q2 2026), $3.05 (Q1 2026), and $12.28 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.34 Bn | 18.69 Bn | 635.20 Mn | 27.35 |
| 2 | RBC Bearings | 15.93 Bn | 15.81 Bn | 247.80 Mn | 13.94 |
| 3 | Lincoln Electric Holdings | 15.40 Bn | 15.16 Bn | 449.00 Mn | - |
| 4 | Stanley Black & Decker | 15.00 Bn | 14.41 Bn | 1.31 Bn | -22.36 |
| 5 | Toro | 9.61 Bn | 9.43 Bn | 482.70 Mn | 13.18 |
| 6 | Timken | 8.70 Bn | 8.30 Bn | 399.30 Mn | 3.24 |
| 7 | Kennametal | 2.29 Bn | 2.19 Bn | 433.56 Mn | 30.22 |
| 8 | Hillman Solutions | 1.64 Bn | 1.61 Bn | 208.09 Mn | - |
| 9 | Eastern | 149.30 Mn | 134.16 Mn | - | - |
| 10 | Chicago Rivet & Machine | 9.70 Mn | 8.93 Mn | 563,312.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.74 |
| Mar 31, 2026 | 12.61 |
| Dec 31, 2025 | 12.28 |
| Sep 30, 2025 | 2.75 |
| Jun 30, 2025 | 13.45 |
| Mar 31, 2025 | 11.47 |
| Dec 31, 2024 | 12.47 |
| Sep 30, 2024 | 10.34 |
| Jun 30, 2024 | 11.78 |
| Mar 31, 2024 | 13.75 |
| Dec 31, 2023 | 16.15 |
| Sep 30, 2023 | 13.54 |
| Jun 30, 2023 | 14.23 |
| Mar 31, 2023 | 11.69 |
| Dec 31, 2022 | 14.51 |
| Sep 30, 2022 | 16.55 |
| Jun 30, 2022 | 24.88 |
| Mar 31, 2022 | 24.52 |
| Dec 31, 2021 | 14.39 |
| Sep 30, 2021 | 19.11 |