Company Overview

Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers welding products, including arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products. The company's product offering also includes computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, it is involved in the retail business in the United States. Further, the company manufactures copper and aluminum headers, distributor assemblies, and manifolds for the heating, ventilation, and air conditioning sector in the United States and Mexico. The company serves general fabrication, energy and process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. It sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. The company was founded in 1895 and is headquartered in Cleveland, Ohio.

  • Name

    Lincoln Electric Holdings, Inc.

  • CEO

    Mr. Steven B. Hedlund

  • Website

    www.lincolnelectric.com

  • Sector

    Machinery

  • Year Founded

    1895

Profile

  • Market Cap

    $10.35B

  • EV

    $11.23B

  • Shares Out

    56.68M

  • Revenue

    $4,094.61M

  • Employees

    12,000

Margins

  • Gross

    36.48%

  • EBITDA

    19.61%

  • Operating

    17.51%

  • Pre-Tax

    15.96%

  • Net

    12.48%

  • FCF

    13.41%

Returns (5Yr Avg)

  • ROA

    13.27%

  • ROTA

    40.82%

  • ROE

    38.73%

  • ROCE

    25.98%

  • ROIC

    20.19%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $216.33

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $272.67M

  • Net Debt

    $887.71M

  • Debt/Equity

    0.88

  • EBIT/Interest

    14.57

Growth (CAGR)

  • Rev 3Yr

    11.6%

  • Rev 5Yr

    6.3%

  • Rev 10Yr

    3.8%

  • Dil EPS 3Yr

    21.92%

  • Dil EPS 5Yr

    12.62%

  • Dil EPS 10Yr

    9.64%

  • Rev Fwd 2Yr

    0.41%

  • EBITDA Fwd 2Yr

    2.09%

  • EPS Fwd 2Yr

    0.59%

  • EPS LT Growth Est

    15%

Dividends

  • Yield

  • Payout

    30.9%

  • DPS

    $2.77

  • DPS Growth 3Yr

    11.1%

  • DPS Growth 5Yr

    9%

  • DPS Growth 10Yr

    12.02%

  • DPS Growth Fwd 2Yr

    8.36%

NasdaqGS:LECO