Income Statement - LINCOLN ELECTRIC HOLDINGS INC (LECO)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4,230.65 | 4,008.67 | 4,191.64 | 3,761.21 | 3,234.18 | 2,655.40 | 3,003.27 | 3,028.67 | 2,624.43 | 2,274.61 | 2,535.79 | 2,813.32 | 2,852.67 | 2,853.37 | 2,694.61 | 2,070.17 | 1,729.29 | 2,479.13 | 2,280.78 | 1,971.92 |
| Cost of revenue | 2,695.03 | 2,530.73 | 2,713.94 | 2,480.45 | 2,165.58 | 1,784.06 | 1,995.69 | 2,000.15 | 1,744.75 | 1,488.06 | 1,671.77 | 1,860.56 | 1,905.90 | 1,985.67 | 1,957.87 | 1,506.35 | 1,273.02 | 1,758.98 | 1,633.22 | 1,419.64 |
| Gross profit | 1,535.63 | 1,477.94 | 1,477.70 | 1,280.76 | 1,068.61 | 871.34 | 1,007.59 | 1,028.52 | 879.69 | 786.56 | 864.02 | 952.77 | 946.77 | 867.70 | 736.74 | 563.82 | 456.27 | 720.15 | 647.57 | 552.28 |
| Total operating expenses | 820.67 | 841.48 | 759.85 | 668.42 | 606.94 | 589.27 | 636.68 | 652.98 | 502.74 | 502.95 | 682.32 | 579.02 | 539.79 | 497.92 | 440.06 | 377.77 | 333.40 | 424.75 | 370.12 | 315.83 |
| Operating income | 714.95 | 636.46 | 717.85 | 612.34 | 461.67 | 282.07 | 370.91 | 375.54 | 377.71 | 288.27 | 181.70 | 373.75 | 406.99 | 362.08 | 296.68 | 186.43 | 92.98 | 295.40 | 277.63 | 232.97 |
| Non-operating income (net) | -39.50 | -42.31 | -30.98 | -19.51 | -136.67 | -18.03 | -2.42 | -6.88 | -11.48 | -10.89 | -11.91 | 2.07 | 9.46 | 7.49 | 4.65 | 0.68 | -6.50 | 4.41 | 9.53 | 5.20 |
| Income before tax | 675.45 | 594.15 | 686.87 | 592.83 | 325.00 | 264.04 | 368.49 | 368.66 | 366.24 | 277.39 | 169.79 | 375.81 | 416.44 | 369.57 | 301.33 | 187.11 | 86.48 | 299.81 | 287.16 | 238.17 |
| Income tax expense | 154.92 | 128.04 | 141.62 | 120.60 | 48.42 | 57.90 | 75.41 | 81.67 | 118.76 | 79.02 | 42.38 | 121.93 | 124.75 | 112.35 | 84.32 | 54.90 | 37.91 | 87.52 | 84.42 | 63.16 |
| Net income | 520.53 | 466.11 | 545.25 | 472.22 | 276.58 | 206.12 | 293.11 | 287.07 | 247.50 | 198.40 | 127.48 | 254.69 | 293.78 | 257.41 | 217.19 | 130.24 | 48.58 | 212.29 | 202.74 | 175.01 |
Show Quarterly Income Statement
Income Statement - LINCOLN ELECTRIC HOLDINGS INC (LECO)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,121.43 | 1,077.42 | 1,059.84 | 1,088.30 | 1,005.10 | 1,022.03 | 983.76 | 1,021.24 | 981.20 | 1,058.51 | 1,033.21 | 1,060.57 | 1,039.34 | 930.93 | 935.24 | 969.59 | 925.45 | 844.25 | 806.45 | 826.45 | 757.02 | 693.79 | 668.89 | 590.73 | 701.99 | 736.31 | 730.78 | 777.01 | 759.17 | 743.83 | 737.10 | 790.05 | 757.70 | 747.19 | 669.49 | 626.86 | 580.90 | 563.83 | 567.65 | 592.42 | 550.72 | 567.99 | 645.17 | 664.74 | 657.90 | 683.95 | 715.78 | 728.53 | 685.06 | 714.79 | 691.88 | 727.43 | 718.57 | 684.65 | 697.55 | 744.05 | 727.12 | 694.51 | 701.62 | 699.29 | 599.18 | 564.29 | 519.34 | 515.58 | 470.96 | 462.45 | 441.80 | 413.28 | 411.75 | 526.19 | 632.89 | 699.83 | 620.23 | 580.28 | 564.82 | 586.64 | 549.04 | 505.87 | 495.14 | 502.51 | 468.39 |
| Cost of revenue | 722.30 | 702.21 | 670.08 | 683.31 | 639.44 | 651.86 | 628.32 | 637.76 | 612.80 | 687.48 | 662.73 | 683.59 | 680.13 | 622.95 | 626.08 | 634.65 | 595.67 | 571.32 | 534.59 | 550.60 | 503.25 | 464.54 | 453.50 | 401.35 | 463.86 | 495.37 | 490.82 | 505.73 | 500.75 | 493.53 | 485.55 | 519.94 | 501.14 | 506.67 | 449.30 | 410.55 | 378.23 | 366.37 | 367.83 | 389.49 | 361.62 | 371.20 | 424.10 | 438.96 | 437.51 | 452.87 | 474.17 | 474.80 | 458.73 | 467.63 | 459.18 | 487.09 | 490.42 | 471.62 | 484.19 | 519.05 | 511.86 | 500.17 | 516.17 | 503.79 | 437.74 | 416.46 | 375.27 | 367.00 | 347.63 | 327.95 | 316.67 | 306.89 | 321.50 | 385.08 | 436.01 | 495.11 | 442.78 | 419.34 | 405.08 | 417.97 | 390.83 | 371.47 | 353.80 | 356.04 | 338.33 |
| Gross profit | 399.13 | 375.21 | 389.77 | 404.99 | 365.66 | 370.17 | 355.44 | 383.93 | 368.40 | 371.03 | 370.48 | 376.97 | 359.21 | 307.98 | 309.17 | 334.94 | 329.78 | 272.93 | 271.86 | 275.85 | 253.77 | 229.25 | 215.39 | 189.38 | 238.13 | 240.93 | 239.96 | 271.28 | 258.42 | 250.30 | 251.55 | 270.12 | 256.55 | 240.52 | 220.20 | 216.31 | 202.66 | 197.46 | 199.81 | 202.93 | 189.10 | 196.79 | 221.07 | 225.78 | 220.39 | 231.09 | 241.61 | 253.74 | 226.34 | 247.16 | 232.70 | 240.34 | 228.15 | 213.03 | 213.36 | 225.00 | 215.27 | 194.34 | 185.45 | 195.50 | 161.44 | 147.83 | 144.07 | 148.58 | 123.33 | 134.50 | 125.13 | 106.39 | 90.25 | 141.11 | 196.88 | 204.71 | 177.45 | 160.94 | 159.74 | 168.67 | 158.22 | 134.41 | 141.34 | 146.47 | 130.07 |
| Total operating expenses | 208.65 | 185.94 | 206.26 | 224.06 | 204.20 | 193.16 | 209.88 | 235.09 | 203.35 | 167.00 | 199.04 | 198.96 | 194.85 | 166.50 | 167.06 | 167.41 | 168.57 | 152.58 | 156.29 | 154.03 | 149.84 | 145.81 | 137.59 | 149.61 | 157.05 | 158.23 | 151.42 | 166.09 | 163.94 | 155.37 | 150.77 | 175.48 | 171.37 | 164.19 | 84.56 | 130.74 | 123.26 | 114.39 | 117.98 | 154.85 | 113.81 | 118.35 | 305.09 | 128.99 | 129.89 | 126.17 | 165.49 | 141.46 | 145.90 | 128.26 | 137.52 | 133.89 | 137.55 | 125.91 | 122.35 | 127.71 | 123.62 | 111.98 | 110.63 | 115.55 | 101.98 | 95.50 | 95.88 | 97.44 | 88.61 | 65.26 | 91.92 | 87.00 | 89.22 | 86.20 | 107.10 | 113.12 | 98.96 | 95.15 | 92.14 | 93.32 | 89.52 | 71.70 | 81.68 | 84.73 | 77.72 |
| Operating income | 190.48 | 189.28 | 183.51 | 180.93 | 161.46 | 177.02 | 145.56 | 148.84 | 165.05 | 204.03 | 171.44 | 178.01 | 164.36 | 141.49 | 142.11 | 167.53 | 161.21 | 120.35 | 115.57 | 121.82 | 103.93 | 83.44 | 77.79 | 39.76 | 81.07 | 82.70 | 88.54 | 105.19 | 94.48 | 94.93 | 100.79 | 94.63 | 85.19 | 75.51 | 133.07 | 87.64 | 81.49 | 83.07 | 81.83 | 48.08 | 75.29 | 78.44 | -84.02 | 96.79 | 90.50 | 104.92 | 76.12 | 112.28 | 80.44 | 118.91 | 95.18 | 104.27 | 88.63 | 85.71 | 88.70 | 96.03 | 91.65 | 82.36 | 74.82 | 80.03 | 59.46 | 52.34 | 48.19 | 51.15 | 34.72 | 39.34 | 33.21 | 19.39 | 1.03 | 35.54 | 89.78 | 91.60 | 78.49 | 66.38 | 67.60 | 75.35 | 68.30 | 59.23 | 59.65 | 61.74 | 52.35 |
| Non-operating income (net) | -17.13 | -16.62 | -17.51 | 2.63 | -8.23 | -9.96 | -13.62 | -12.21 | -6.52 | -7.00 | -10.01 | -4.95 | -9.02 | -5.73 | -4.62 | -7.59 | -1.56 | -48.78 | -77.16 | -3.96 | -6.78 | -2.31 | -4.49 | -6.08 | -5.15 | -2.41 | 3.25 | -1.70 | -1.56 | -0.48 | -5.04 | -0.37 | -0.99 | -1.79 | -2.43 | -3.68 | -3.59 | -4.92 | -1.53 | -2.32 | -2.11 | -7.26 | -4.51 | -2.35 | 2.21 | -4.18 | 1.67 | 2.59 | 1.99 | 2.48 | 2.66 | 2.26 | 2.05 | 1.90 | 2.19 | 2.13 | 1.27 | 1.07 | 1.05 | 1.46 | 1.08 | -0.36 | 0.63 | 0.43 | -0.02 | 1.05 | -8.98 | 4.47 | -3.04 | -2.70 | 3.10 | 3.50 | 0.50 | 3.18 | 2.51 | 3.17 | 0.67 | 2.39 | 1.99 | 1.30 | -0.47 |
| Income before tax | 173.35 | 172.66 | 166.00 | 183.56 | 153.24 | 167.05 | 131.94 | 136.62 | 158.53 | 197.03 | 161.43 | 173.06 | 155.34 | 135.76 | 137.49 | 159.94 | 159.64 | 71.57 | 38.42 | 117.86 | 97.15 | 81.13 | 73.30 | 33.68 | 75.93 | 80.29 | 91.80 | 103.48 | 92.92 | 94.46 | 95.74 | 94.26 | 84.20 | 73.73 | 130.64 | 83.97 | 77.90 | 78.15 | 80.30 | 45.76 | 73.18 | 71.17 | -88.53 | 94.43 | 92.71 | 100.74 | 77.79 | 114.87 | 82.43 | 121.39 | 97.84 | 106.53 | 90.68 | 87.61 | 90.89 | 98.16 | 92.92 | 83.43 | 75.87 | 81.49 | 60.54 | 51.98 | 48.82 | 51.57 | 34.70 | 40.40 | 24.23 | 23.87 | -2.01 | 32.84 | 92.88 | 95.10 | 78.99 | 69.56 | 70.11 | 78.52 | 68.97 | 61.62 | 61.64 | 63.04 | 51.88 |
| Income tax expense | 36.97 | 36.64 | 43.37 | 40.16 | 34.75 | 26.82 | 31.19 | 34.92 | 35.12 | 40.39 | 32.09 | 35.73 | 33.41 | 26.61 | 28.26 | 32.12 | 33.61 | -2.84 | 6.66 | 21.58 | 23.02 | 16.06 | 14.80 | 6.67 | 20.37 | 16.58 | 19.34 | 18.04 | 21.45 | 7.68 | 25.21 | 25.40 | 23.38 | 49.54 | 24.53 | 22.64 | 22.05 | 24.75 | 20.26 | 14.45 | 19.56 | 22.47 | -28.05 | 23.56 | 24.39 | 25.40 | 32.95 | 37.58 | 26.00 | 33.32 | 33.59 | 34.01 | 23.84 | 25.64 | 26.15 | 31.79 | 28.77 | 25.74 | 20.52 | 24.47 | 13.60 | 10.47 | 16.19 | 17.27 | 10.98 | 16.05 | 11.47 | 8.80 | 1.58 | 13.37 | 23.67 | 24.97 | 25.51 | 20.06 | 20.13 | 23.27 | 20.97 | 9.83 | 17.79 | 20.42 | 15.13 |
| Net income | 136.38 | 136.02 | 122.63 | 143.40 | 118.49 | 140.23 | 100.76 | 101.71 | 123.42 | 156.64 | 129.34 | 137.33 | 121.93 | 109.15 | 109.23 | 127.82 | 126.03 | 74.43 | 31.76 | 96.11 | 74.18 | 65.08 | 58.48 | 27.00 | 55.56 | 63.72 | 72.46 | 85.45 | 71.48 | 86.84 | 70.54 | 68.86 | 60.82 | 24.18 | 106.13 | 61.35 | 55.84 | 53.40 | 60.05 | 31.32 | 53.64 | 48.69 | -60.47 | 70.90 | 68.35 | 75.21 | 45.69 | 77.33 | 56.45 | 88.32 | 66.04 | 72.61 | 66.81 | 62.08 | 64.77 | 66.32 | 64.24 | 57.73 | 55.53 | 57.01 | 46.91 | 41.50 | 32.47 | 32.54 | 23.73 | 24.35 | 12.76 | 15.07 | -3.59 | 19.47 | 69.21 | 70.13 | 53.48 | 49.51 | 49.98 | 55.25 | 48.00 | 51.79 | 43.86 | 42.62 | 36.75 |