The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

LECO

Concerning the House

Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products in the United States and internationally. It operates in three segments: Americas Welding, International Welding, and The Harris Products Group. The company offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, specialty gas regulators, and education solutions; and a portfolio of automated solutions and system integration services for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business. It also provides mobile power solutions, including vehicle-mounted compressors, generators, welders, hydraulics, charger/boosters, and electrified power equipment; automated welding system and solutions; and specialty welding consumables, wear plates, and maintenance and repair services for alloy and wear-resistant products, as well as develops and integrates autonomous guided vehicles and mobile robots, custom assembly and test systems, and proprietary manufacturing execution system software. The company serves general fabrication, oil and gas, power generation, 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, including OEMs, manufacturers, and integrators, as well as through industrial distributors, retailers, and agents. Lincoln Electric Holdings, Inc. was founded in 1895 and is headquartered in Cleveland, Ohio.

United States · www.lincolnelectric.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$4.01B+5.8%
Gross profit$1.53B+8.4%
Operating income$636.46M+13.7%
Net income$520.53M+26.0%
Cash from ops$667.54M+15.0%
Quotation

$284.63

-2.34 (-0.8%)

52w hi$297.02
52w lo$218.56
Vol533.64K
As ofAug 13
The Verdict

Hold

Our score +0.03

Short-0.12
Medium+0.08
Long+0.20

computed 2026-08-13

By the Numbers

Lincoln Electric Holdings, Inc.

Industrials · Tools & Accessories

Market cap$15.51B
Enterprise value$16.60B
Trailing P/E28.43x
Forward P/E22.74x
EV / EBITDA18.76x
P / S (ttm)3.46x
Profit margin12.4%
Return on equity37.7%
Revenue growth+12.0%
Earnings growth+12.5%
Debt / equity77.35
Risk Metrics
Beta vs SPX1.13
Corr SPX0.60
Annual vol30.4%
Annual ret+25.0%
Sharpe0.82
Max DD-24.0%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.26
Sector+0.07
Technical+0.09
Earnings+0.00
Sentiment-0.20

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$286.53$288.41$278.30$284.63533.64K
Aug 12$285.80$287.95$281.60$286.97605.40K
Aug 11$283.15$285.97$281.52$284.27485.40K
Aug 10$283.95$285.00$276.51$277.33338.10K
Aug 7$279.31$283.22$277.00$281.96272.50K