Americas Welding was Lincoln Electric Holdings’s largest segment in fiscal 2025, bringing in $2.85B of $4.23B (67%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas Welding | $2.41B | $2.78B | $2.70B | $2.85B | |||||||||||||
| North America Welding | — | — | — | — | |||||||||||||
| International Welding | $985.78M | $1.07B | $969.58M | $961.03M | |||||||||||||
| Europe Welding | — | — | — | — | |||||||||||||
| The Harris Products Group | $529.04M | $506.73M | $522.42M | $593.66M | |||||||||||||
| Asia Pacific Welding | — | — | — | — | |||||||||||||
| South America Welding | — | — | — | — | |||||||||||||
| Corporate/Eliminations | -$164.56M | — | — | — | |||||||||||||
| Inter-Segment | — | -$169.68M | -$183.94M | -$174.17M | |||||||||||||
| Total | $3.76B | $4.19B | $4.01B | $4.23B |
Lincoln Electric Holdings brought in $4.23B from its four segments in fiscal 2025, the year ended December 31, 2025. That was up 5.6% from $4.01B in fiscal 2024. Americas Welding was the largest at $2.85B (67.4%), ahead of International Welding at $961.03M (22.7%) and The Harris Products Group at $593.66M (14.0%).
Compared with fiscal 2024, The Harris Products Group grew fastest, up 13.6% to $593.66M, while International Welding fell the most, down 0.9% to $961.03M.
Lincoln Electric Holdings began breaking out Inter-Segment in fiscal 2023, when it brought in -$169.68M. The total is net of Inter-Segment, which took $174.17M off revenue in fiscal 2025.
United States was Lincoln Electric Holdings’s largest region in fiscal 2025, bringing in $2.63B of $4.23B (62%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Foreign Countries | $1.63B | $1.79B | $1.65B | $1.60B | |||||||||||||
| United States | $2.13B | $2.40B | $2.36B | $2.63B | |||||||||||||
| Us | — | — | — | — | |||||||||||||
| Other Foreign Countries | — | — | — | — | |||||||||||||
| China | — | — | — | — | |||||||||||||
| Cn | — | — | — | — | |||||||||||||
| Total | $3.76B | $4.19B | $4.01B | $4.23B |
Lincoln Electric Holdings brought in $4.23B from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 5.6% from $4.01B in fiscal 2024. United States was the largest at $2.63B (62.2%), ahead of Foreign Countries at $1.60B (37.8%).
Compared with fiscal 2024, United States grew 11.8% to $2.63B, while Foreign Countries fell 3.2% to $1.60B. From fiscal 2022 to 2025, combined revenue from these regions grew from $3.76B to $4.23B, a compound annual growth rate of 4.0%. United States' share of the total rose from 56.6% to 62.2%.
Consumables was Lincoln Electric Holdings’s largest product and service line in fiscal 2025, bringing in $2.28B of $4.23B (54%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Consumables | $2.18B | $2.21B | $2.09B | $2.28B | ||||
| Welding Consumables | — | — | — | — | ||||
| Equipment | $1.58B | $1.04B | $1.01B | $1.08B | ||||
| Welding Equipment | — | — | — | — | ||||
| Automation | — | $941.03M | $911.43M | $870.30M | ||||
| Total | $3.76B | $4.19B | $4.01B | $4.23B |
Lincoln Electric Holdings brought in $4.23B from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 5.6% from $4.01B in fiscal 2024. Consumables was the largest at $2.28B (53.9%), ahead of Equipment at $1.08B (25.5%) and Automation at $870.30M (20.6%).
Compared with fiscal 2024, Consumables grew fastest, up 9.3% to $2.28B, while Automation fell the most, down 4.5% to $870.30M.
Lincoln Electric Holdings began breaking out Automation in fiscal 2023, when it brought in $941.03M.
Lincoln Electric Holdings (LECO) reports its revenue by segment, by geography and by product and service. In fiscal 2025, Americas Welding was its largest segment, bringing in $2.85B (67.4% of the total), followed by International Welding at $961.03M (22.7%).
Americas Welding was Lincoln Electric Holdings' largest segment in fiscal 2025, bringing in $2.85B, or 67.4% of the $4.23B total across its four segments.
United States was Lincoln Electric Holdings' largest region in fiscal 2025, bringing in $2.63B, or 62.2% of the $4.23B total across its two regions.
Consumables was Lincoln Electric Holdings' largest product and service line in fiscal 2025, bringing in $2.28B, or 53.9% of the $4.23B total across its three product and service lines.
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 $522.42M to $593.66M.
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.