Lincoln Electric Holdings Inc.
Lincoln Electric Holdings Inc., founded in 1895 and based in Cleveland, Ohio, is a global manufacturer specializing in welding equipment, consumables, and automation solutions.
Snapshot
Lincoln Electric Holdings Inc. is a machinery company that has completed 30 disclosed acquisitions and reported $4.23B in latest-year revenue.
- Sector
- Machinery
- Ticker
- LECO
- Revenue (LTM)
- $4.23B
- Acquisitions
- 30
- Operating margin
- 17.0%
- Latest call
- Q1 2026
Business description
Lincoln Electric Holdings Inc., founded in 1895 and based in Cleveland, Ohio, is a global manufacturer specializing in welding equipment, consumables, and automation solutions. It generates revenue through diversified sales to both small fabricators and large industrial customers. Under CEO Christopher A. Brandt’s leadership since 2016, the company holds an estimated 15-20% market share in key regions. Focused on expanding its automation offerings and global footprint, it continues to navigate challenges like supply chain disruptions and raw material cost fluctuations.
Everything on Lincoln Electric Holdings Inc.
Financials
Leadership & board
Acquisitions
Share repurchases
The Board authorized a share repurchase program on February 12, 2020 for up to 10 million shares, of which approximately 4.9 million shares ($912.1 million, $186.01 weighted-average cost) had been purchased through December 31, 2025, leaving 5,096,631 shares available.
Competition & customers
The Company is not dependent on a single customer or a few customers and no individual customer currently accounts for more than ten percent of total Net sales. However, the loss of a large customer could have an adverse effect on the Company's business.