Lincoln Electric

Lincoln Electric is the world leader in arc welding, robotic welding systems, plasma and oxyfuel cutting equipment and brazing and soldering alloys. Headquartered in Cleveland, Ohio, Lincoln has a worldwide network of manufacturing, distribution, sales and technical support covering more than 160 countries.

Company Growth (employees)
Type
Public
HQ
Cleveland, US
Founded
1895
Size (employees)
9,000 (est)
Lincoln Electric was founded in 1895 and is headquartered in Cleveland, US

Lincoln Electric Office Locations

Lincoln Electric has an office in Cleveland
Cleveland, US (HQ)
22801 St Clair Ave

Lincoln Electric Data and Metrics

Lincoln Electric Financial Metrics

Lincoln Electric's revenue was reported to be $580.9 m in Q1, 2017
USD

Revenue (Q1, 2017)

580.9 m

Gross profit (Q1, 2017)

203.9 m

Gross profit margin (Q1, 2017), %

35%

Net income (Q1, 2017)

55.8 m

EBIT (Q1, 2017)

81.5 m

Market capitalization (15-Aug-2017)

5.7 b

Cash (31-Mar-2017)

401.4 m
Lincoln Electric's current market capitalization is $5.7 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.9 b2.8 b2.5 b2.3 b

Revenue growth, %

(1%)(10%)(10%)

Cost of goods sold

1.5 b2 b2 b1.9 b1.9 b1.7 b1.5 b

Gross profit

942.7 m949.3 m841.1 m789.3 m

Gross profit Margin, %

33%34%33%35%

General and administrative expense

527.2 m545.5 m

Operating expense total

527.2 m545.5 m

EBIT

407 m373.7 m178.7 m288.3 m

EBIT margin, %

14%13%7%13%

Interest expense

6.7 m6.7 m4.2 m2.9 m10.4 m21.8 m19.1 m

Interest income

3.3 m3.1 m2.7 m2.1 m

Pre tax profit

416.4 m375.8 m169.8 m277.4 m

Income tax expense

84.3 m112.4 m124.8 m121.9 m42.4 m79 m

Net Income

293.8 m254.7 m127.4 m198.4 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

664.7 m645.2 m550.7 m592.4 m567.6 m580.9 m

Cost of goods sold

439 m446.3 m361.6 m389.5 m367.8 m377 m

Gross profit

225.8 m198.9 m189.1 m202.9 m199.8 m203.9 m

Gross profit Margin, %

34%31%34%34%35%35%

EBIT

96.8 m(84 m)75.3 m48.1 m81.8 m81.5 m

EBIT margin, %

15%(13%)14%8%14%14%

Interest income

738 k692 k430 k435 k360 k777 k

Pre tax profit

94.4 m(88.5 m)73.2 m45.8 m80.3 m77.9 m

Net Income

70.9 m(60.5 m)53.6 m31.3 m60 m55.8 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

388.1 m366.2 m361.1 m286.5 m299.8 m278.4 m304.2 m379.2 m

Accounts Receivable

367.1 m321.9 m264.7 m274 m

Inventories

255.4 m

Current Assets

1.1 b1.1 b936 m1 b

PP&E

484 m437.2 m411.3 m372.4 m

Goodwill

174.7 m179.5 m187.5 m231.9 m

Total Assets

2.2 b1.9 b1.8 b1.9 b

Accounts Payable

212.8 m202.5 m152.6 m176.8 m

Dividends Payable

18.6 m22.3 m22.6 m23 m

Total Debt

131 k

Current Liabilities

456.9 m492.4 m370.1 m388.1 m

Non-Current Liabilities

164.3 m161 m481.6 m

Total Liabilities

621.2 m653.4 m851.7 m

Additional Paid-in Capital

240.5 m258.8 m272.9 m309.4 m

Retained Earnings

1.9 b2.1 b2.1 b2.2 b

Total Equity

1.5 b1.3 b932.4 m712.2 m

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

1.4 x1.5 x1.9 x2.7 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

204.3 m279.5 m289 m312.7 m364.3 m221 m237 m256.9 m401.4 m

Accounts Receivable

407.2 m354.4 m334.9 m329.2 m310.8 m286.1 m291.6 m281 m302.6 m

Inventories

281.3 m

Current Assets

1.1 b1.2 b1.1 b1.1 b1.1 b902.3 m921.6 m920.5 m1.1 b

PP&E

481.9 m450 m423 m429.3 m421.9 m413.8 m383.9 m384.8 m

Goodwill

190.6 m237.5 m236.6 m233.5 m

Total Assets

2.1 b2.1 b1.9 b2 b1.9 b1.8 b1.8 b1.8 b2.1 b

Accounts Payable

196.9 m186.8 m185.9 m172.1 m166.9 m159.6 m173 m164.8 m186.3 m

Current Liabilities

464.5 m571.7 m608.4 m470.6 m437.4 m401.5 m559.8 m596.1 m422.3 m

Non-Current Liabilities

158.9 m164.3 m133.1 m283 m478.7 m483 m485.2 m484.8 m

Additional Paid-in Capital

248.5 m252.1 m262 m266.6 m269.2 m276.9 m283.2 m290.8 m317.1 m

Retained Earnings

2 b2 b2.1 b2.2 b2.1 b2.2 b2.2 b2.2 b2.3 b

Total Equity

1.5 b1.4 b1.2 b1.2 b1 b892.7 m792.4 m752.9 m784.1 m

Financial Leverage

1.4 x1.5 x1.6 x1.6 x1.9 x2 x2.3 x2.4 x2.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

293.8 m254.7 m127.5 m198.4 m

Depreciation and Amortization

68.9 m69.6 m64 m65.1 m

Accounts Receivable

(5.4 m)5.9 m56.7 m(12.3 m)

Accounts Payable

794 k2.1 m(46.9 m)29.6 m

Cash From Operating Activities

338.9 m401.7 m310.9 m303.4 m

Capital Expenditures

(76 m)(73 m)(50.5 m)(49.9 m)

Cash From Investing Activities

(129.5 m)(79 m)(85.4 m)(159.9 m)

Dividends Paid

(49.3 m)(73.3 m)(87 m)(87.3 m)

Cash From Financing Activities

(194.2 m)(314.4 m)(169.9 m)(62.9 m)

Free Cash Flow

414.9 m474.7 m361.4 m253.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

70.9 m(60.5 m)53.6 m31.3 m60 m55.8 m

Accounts Receivable

407.2 m354.4 m334.9 m329.2 m310.8 m286.1 m291.6 m281 m302.6 m

Inventories

281.3 m

Accounts Payable

196.9 m186.8 m185.9 m172.1 m166.9 m159.6 m173 m164.8 m186.3 m
USDY, 2017

Revenue/Employee

64.5 k

Financial Leverage

2.6 x

Lincoln Electric Market Value History

Traffic Overview of Lincoln Electric

Lincoln Electric Online and Social Media Presence

Lincoln Electric News and Updates

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