Craft

Lincoln Electric

Stock Price

$194.2

2023-09-01

Market Capitalization

$11.1 B

2023-09-01

Revenue

$3.8 B

FY, 2022

Lincoln Electric Summary

Company Summary

Overview
Lincoln Electric is a company that manufactures welding, cutting, and brazing products. Its business units are aligned into three operating segments: Americas Welding, International Welding, and The Harris Products Group. The company provides products such as 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. Its offerings also include CNC plasma and oxy-fuel cutting systems and regulators as well as torches used in oxy-fuel welding, cutting, and brazing. Lincoln Electric caters to the general fabrication, energy, heavy industries, automotive, transportation, construction, and infrastructure sectors.
Type
Public
Status
Active
Founded
1895
HQ
Cleveland, OH, US | view all locations
Website
https://www.lincolnelectric.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Christopher L. Mapes

    Christopher L. Mapes, Chairman, President and Chief Executive Officer

  • Michele R. Kuhrt

    Michele R. Kuhrt, Executive Vice President, Chief Human Resources Officer

  • Gabriel Bruno

    Gabriel Bruno, Executive Vice President, Chief Financial Officer and Treasurer

  • Lisa A. Dietrich

    Lisa A. Dietrich, Executive Vice President, Chief Information Officer

Operating MetricsView all

Countries (Facilities)

20
5.3%

FY, 2022

Land Owned, acres

244

FY, 2022

Manufacturing Facilities, sq. ft.

3M

FY, 2022

LocationsView all

69 locations detected

  • Cleveland, OH HQ

    United States

    22801 St Clair Ave

  • Baton Rouge, LA

    United States

    3053 Old Forge Dr

  • Bettendorf, IA

    United States

    3222 Bear Tooth Ct

  • Broken Arrow, OK

    United States

    2512 N Hemlock Cir

  • Centennial, CO

    United States

    8100 S Akron St #313

  • Charlotte, NC

    United States

    9101 Southern Pine Blvd #100

and 63 others

Lincoln Electric Financials

Summary Financials

Revenue (Q2, 2023)
$1.1B
Gross profit (Q2, 2023)
$373.4M
Net income (Q2, 2023)
$137.3M
Cash (Q2, 2023)
$220.5M
EBIT (Q2, 2023)
$178.0M
Enterprise value
$12.0B

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