The Tip Desk

LINCOLN ELECTRIC HOLDINGS INC

Company Stats

Market Cap
$14.4B
as of Sep 30, 2026
Enterprise Value
$15.4B
Shares Outstanding
54.2M
Free Float
88.6%

Income Statement

Revenue
$4.2B
Operating Income
$718.1M
Net Income
$520.5M
EBITDA
$816.6M
Revenue Growth, 3Y
4.0%
FCF Margin, 3Y Avg
12.8%
FCF Margin, Worst Year
12.0%

Cash Flow

Free Cash Flow
$534.2M
FCF Yield
3.7%
Owner FCF Yield
3.6%

Balance Sheet

Cash & Equivalents
$308.8M
Total Debt
$1.3B
Net Debt
$985.2M
Net Debt / EBITDA
1.21x
EV / EBITDA
18.87x
Net Debt / EBIT
1.37x

Returns & Capital

Dividends Paid
$168.2M
Dividend Yield
1.2%
Dividend Payout, 3Y Avg
31.4%
Share Repurchases
$338.3M
Buyback Yield, 3Y Avg
1.9%
SBC, 3Y Avg
$23.5M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$4.2B$534.2M12.6%
FY2024$4.0B$482.4M12.0%
FY2023$4.2B$576.6M13.8%
FY2022$3.8B$311.5M8.3%
FY2021$3.2B$302.5M9.4%

Annual filing data through FY ended December 31, 2025; shares and float as of November 6, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage