Lincoln Electric (LECO) stock price, revenue, and financials

Lincoln Electric market cap is $7.8 b, and annual revenue was $2.66 b in FY 2020

$7.8 B

LECO Mkt cap, 25-Jan-2022

$826.5 M

Lincoln Electric Revenue Q2, 2021
Lincoln Electric Gross profit (Q2, 2021)274 M
Lincoln Electric Gross profit margin (Q2, 2021), %33.2%
Lincoln Electric Net income (Q2, 2021)96.1 M
Lincoln Electric EBIT (Q2, 2021)121.8 M
Lincoln Electric Cash, 30-Jun-2021190.9 M
Lincoln Electric EV8.4 B
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Lincoln Electric Revenue

Lincoln Electric revenue was $2.66 b in FY, 2020 which is a 11.6% year over year decrease from the previous period.

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Lincoln Electric Revenue Breakdown

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Lincoln Electric revenue breakdown by business segment: 56.9% from Americas Welding, 29.6% from International Welding and 13.5% from The Harris Products Group

Lincoln Electric revenue breakdown by geographic segment: 46.1% from Foreign countries and 53.9% from United States

Lincoln Electric Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

3.0b3.0b2.7b

Revenue growth, %

(1%)(12%)

Cost of goods sold

2.0b2.0b1.8b

Gross profit

1.0b1.0b871.3m

Gross profit Margin, %

34%34%33%

General and administrative expense

627.7m621.5m543.8m

Operating expense total

653.0m636.7m589.3m

EBIT

375.5m370.9m282.1m

EBIT margin, %

12%12%11%

Interest expense

17.6m23.4m22.0m

Pre tax profit

368.7m368.5m264.0m

Income tax expense

81.7m75.4m57.9m

Net Income

287.0m293.1m206.1m

EPS

4.44.73.4

Lincoln Electric Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

358.8m199.6m257.3m

Accounts Receivable

396.9m374.6m373.5m

Inventories

361.8m393.7m381.3m

Current Assets

1.2b1.1b1.1b

PP&E

478.8m529.3m522.1m

Goodwill

281.3m337.1m335.6m

Total Assets

2.3b2.4b2.3b

Accounts Payable

268.6m273.0m256.5m

Dividends Payable

29.9m29.7m30.4m

Short-term debt

111.0k35.0m2.7m

Current Liabilities

538.2m563.1m549.4m

Long-term debt

702.5m712.3m715.5m

Total Debt

111.0k747.3m718.2m

Total Liabilities

1.5b1.6b1.5b

Common Stock

9.9m9.9m9.9m

Preferred Stock

Additional Paid-in Capital

360.3m389.4m410.0m

Retained Earnings

2.6b2.7b2.8b

Total Equity

887.6m819.1m790.3m

Debt to Equity Ratio

0 x0.9 x0.9 x

Debt to Assets Ratio

0 x0.3 x0.3 x

Financial Leverage

2.6 x2.9 x2.9 x

Lincoln Electric Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

287.0m293.1m206.1m

Depreciation and Amortization

72.3m81.5m80.5m

Accounts Receivable

(4.1m)50.4m3.6m

Inventories

(23.9m)(12.0m)22.8m

Accounts Payable

3.6m(8.3m)(17.9m)

Cash From Operating Activities

329.2m403.2m351.4m

Capital Expenditures

(71.2m)(69.6m)(59.2m)

Cash From Investing Activities

20.8m(192.8m)(49.2m)

Short-term Borrowings

(835.0k)(31.7m)

Long-term Borrowings

(107.0k)(107.0k)(14.0k)

Dividends Paid

(102.1m)(117.9m)(118.1m)

Cash From Financing Activities

(302.1m)(371.9m)(246.1m)

Net Change in Cash

32.1m(159.3m)57.7m

Free Cash Flow

257.9m333.6m292.2m

Lincoln Electric Ratios

USDQ3, 2018

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.6 x

Lincoln Electric Operating Metrics

FY, 2018FY, 2019FY, 2020

Manufacturing Facilities

605955

Countries (Distribution)

160160160

Country (Footprint)

191818

Largest Global Network of Weld Tech Centers

3838

Countries (Facilities)

191818

Facility Space, sq. ft.

3.02 m3.02 m3.02 m

Land Owned, acres

244244244

Facilities

605955

Lincoln Electric Employee Rating

3.3407 votes
Culture & Values
2.8
Work/Life Balance
2.9
Senior Management
2.8
Salary & Benefits
3.3
Career Opportunities
3.2
Source