Americas Welding was Lincoln Electric Holdings’s largest segment in fiscal 2025, bringing in $5.45B of $7.04B (77%).
| Segment | FY 2009 | FY 2010 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas Welding | $4.58B | $5.57B | $5.13B | $5.45B | |||||||||||
| North America Welding | — | — | — | — | |||||||||||
| Net Sales | — | — | — | — | |||||||||||
| International Welding | $1.91B | $63.00M | $71.72M | $60.32M | |||||||||||
| Europe Welding | — | — | — | — | |||||||||||
| The Harris Products Group | $1.04B | $1.01B | $1.04B | $1.19B | |||||||||||
| Asia Pacific Welding | — | — | — | — | |||||||||||
| Aggregation Before Other Operating Segment | — | $339.35M | $367.88M | $348.33M | |||||||||||
| South America Welding | — | — | — | — | |||||||||||
| Total | $7.52B | $6.98B | $6.61B | $7.04B |
Lincoln Electric Holdings brought in $7.04B from its four segments in fiscal 2025, the year ended December 31, 2025. That is less than the $8.47B it reports by product and service, so these segments do not cover all of its revenue. Americas Welding was the largest at $5.45B (77.3%), ahead of The Harris Products Group at $1.19B (16.9%) and Aggregation Before Other Operating Segment at $348.33M (4.9%). The remaining segment, International Welding, brought in $60.32M.
Compared with fiscal 2024, The Harris Products Group grew fastest, up 13.6% to $1.19B, while Aggregation Before Other Operating Segment fell the most, down 5.3% to $348.33M.
Lincoln Electric Holdings began breaking out Aggregation Before Other Operating Segment in fiscal 2023, when it brought in $339.35M.
Consumables was Lincoln Electric Holdings’s largest product and service line in fiscal 2025, bringing in $4.57B of $8.47B (54%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Consumables | $4.37B | $4.42B | $4.18B | $4.57B | ||||
| Welding Consumables | — | — | — | — | ||||
| Equipment | $3.16B | $2.08B | $2.02B | $2.16B | ||||
| Welding Equipment | — | — | — | — | ||||
| Automation | — | $1.88B | $1.82B | $1.74B | ||||
| Total | $7.52B | $8.38B | $8.02B | $8.47B |
Lincoln Electric Holdings brought in $8.47B from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 5.6% from $8.02B in fiscal 2024. Consumables was the largest at $4.57B (53.9%), ahead of Equipment at $2.16B (25.5%) and Automation at $1.74B (20.6%).
Compared with fiscal 2024, Consumables grew fastest, up 9.3% to $4.57B, while Automation fell the most, down 4.5% to $1.74B.
Lincoln Electric Holdings began breaking out Automation in fiscal 2023, when it brought in $1.88B.
United States was Lincoln Electric Holdings’s largest region in fiscal 2025, bringing in $5.26B of $8.47B (62%).
| Geography | FY 2009 | FY 2010 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $4.26B | $4.80B | $4.71B | $5.26B | |||||||||||
| Net Sales | — | — | — | — | |||||||||||
| Foreign Countries | $3.27B | $3.59B | $3.31B | $3.20B | |||||||||||
| Other Foreign Countries | — | — | — | — | |||||||||||
| China | — | — | — | — | |||||||||||
| Total | $7.52B | $8.38B | $8.02B | $8.47B |
Lincoln Electric Holdings brought in $8.47B from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 5.6% from $8.02B in fiscal 2024. United States was the largest at $5.26B (62.2%), ahead of Foreign Countries at $3.20B (37.8%).
Compared with fiscal 2024, United States grew 11.8% to $5.26B, while Foreign Countries fell 3.2% to $3.20B. From fiscal 2022 to 2025, combined revenue from these regions grew from $7.52B to $8.47B, a compound annual growth rate of 4.0%. United States' share of the total rose from 56.6% to 62.2%.
Lincoln Electric Holdings (LECO) reports its revenue by segment, by product and service and by geography. In fiscal 2025, Americas Welding was its largest segment, bringing in $5.45B (77.3% of the total), followed by The Harris Products Group at $1.19B (16.9%).
Americas Welding was Lincoln Electric Holdings' largest segment in fiscal 2025, bringing in $5.45B, or 77.3% of the $7.04B total across its four segments.
Consumables was Lincoln Electric Holdings' largest product and service line in fiscal 2025, bringing in $4.57B, or 53.9% of the $8.47B total across its three product and service lines.
United States was Lincoln Electric Holdings' largest region in fiscal 2025, bringing in $5.26B, or 62.2% of the $8.47B total across its two regions.
Among Lincoln Electric Holdings' segments that make up at least 2% of revenue, The Harris Products Group grew fastest in fiscal 2025, up 13.6% from $1.04B to $1.19B.
Every figure comes from Lincoln Electric Holdings' annual financial filings, as reported. Each line keeps the name Lincoln Electric Holdings gives it, and years follow its fiscal calendar.
Lincoln Electric Holdings' revenue by segment goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.