Lincoln Electric (LECO)
Builds welding, cutting, and automation systems for industrial production.
$263.37
vs last close+5.04 (+1.95%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,033 | 1,059 | 981 | 1,021 | 984 | 1,022 | 1,005 | 1,088 | 1,060 | 1,077 | 1,121 | 1,220 |
| Cost of revenue | 663 | 687 | 613 | 638 | 628 | 652 | 639 | 683 | 670 | 702 | 722 | 771 |
| Gross profit | 370 | 371 | 368 | 384 | 355 | 370 | 366 | 405 | 390 | 375 | 399 | 449 |
| 199 | 167 | 203 | 235 | 210 | 193 | 204 | 224 | 206 | 186 | 209 | 225 | |
| Research & development | 0 | 71 | 0 | 0 | 0 | 82 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, general & administrative | 180 | 129 | 195 | 201 | 189 | 99 | 204 | 224 | 206 | 186 | 209 | 225 |
| Other expenses | 19 | −33 | 8 | 34 | 21 | 13 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | 171 | 204 | 165 | 149 | 146 | 177 | 161 | 181 | 184 | 189 | 190 | 224 |
| −10 | −7 | −7 | −12 | −14 | −10 | −8 | 3 | −18 | −17 | −17 | −16 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 1 | 0 | 0 |
| Interest expense | 11 | 9 | 9 | 11 | 12 | 11 | 15 | 15 | 17 | 15 | 13 | 13 |
| Other non-operating income | −19 | 33 | −8 | −34 | −21 | −13 | −7 | −18 | 1 | 1 | 4 | −4 |
| Income before tax | 161 | 197 | 159 | 137 | 132 | 167 | 153 | 184 | 166 | 173 | 173 | 208 |
| Income tax expense | 32 | 40 | 35 | 35 | 31 | 27 | 35 | 40 | 43 | 37 | 37 | 49 |
| Net income from continuing operations | 129 | 157 | 123 | 102 | 101 | 140 | 118 | 143 | 123 | 136 | 136 | 159 |
| Net income | 129 | 157 | 123 | 102 | 101 | 140 | 118 | 143 | 123 | 136 | 136 | 159 |
| EPS, basic | $2.26 | $2.75 | $2.17 | $1.79 | $1.78 | $2.49 | $2.11 | $2.58 | $2.23 | $2.48 | $2.49 | $2.90 |
| EPS, diluted | $2.22 | $2.70 | $2.14 | $1.77 | $1.77 | $2.47 | $2.10 | $2.56 | $2.21 | $2.45 | $2.47 | $2.88 |
| Weighted average shares, basic | 57 | 57 | 57 | 57 | 57 | 56 | 56 | 56 | 55 | 55 | 55 | 55 |
| Weighted average shares, diluted | 58 | 58 | 58 | 57 | 57 | 57 | 57 | 56 | 56 | 55 | 55 | 55 |
| EBITDA | 212 | 193 | 195 | 204 | 189 | 213 | 192 | 223 | 207 | 213 | 213 | 254 |
| Depreciation & amortization | 21 | 22 | 22 | 21 | 23 | 23 | 24 | 24 | 25 | 26 | 26 | 26 |
| EBIT | 190 | 171 | 173 | 183 | 167 | 190 | 168 | 199 | 183 | 188 | 187 | 228 |
