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

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

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

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

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Revenue | 3.0b | 3.0b | 2.7b |

| (1%) | (12%) | |

## Cost of goods sold | 2.0b | 2.0b | 1.8b |

## Gross profit | 1.0b | 1.0b | 871.3m |

| 34% | 34% | 33% |

## General and administrative expense | 627.7m | 621.5m | 543.8m |

## Operating expense total | 653.0m | 636.7m | 589.3m |

## EBIT | 375.5m | 370.9m | 282.1m |

| 12% | 12% | 11% |

## Interest expense | 17.6m | 23.4m | 22.0m |

## Pre tax profit | 368.7m | 368.5m | 264.0m |

## Income tax expense | 81.7m | 75.4m | 57.9m |

## Net Income | 287.0m | 293.1m | 206.1m |

## EPS | 4.4 | 4.7 | 3.4 |

USD | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 737.1m | 759.2m | 777.0m | 730.8m | 702.0m | 590.7m | 668.9m | 757.0m | 826.5m |

## Cost of goods sold | 485.5m | 500.8m | 507.1m | 492.4m | 464.7m | 401.3m | 453.5m | 503.3m | 552.4m |

## Gross profit | 251.6m | 258.4m | 269.9m | 238.4m | 237.3m | 189.4m | 215.4m | 253.8m | 274.0m |

| 34% | 34% | 35% | 33% | 34% | 32% | 32% | 34% | 33% |

## General and administrative expense | 148.1m | 160.4m | 163.4m | 148.3m | 149.7m | 126.4m | 131.3m | 145.7m | 151.6m |

## Operating expense total | 150.8m | 163.9m | 164.7m | 149.8m | 156.2m | 149.6m | 137.6m | 149.8m | 152.2m |

## EBIT | 100.8m | 94.5m | 105.2m | 88.5m | 81.1m | 39.8m | 77.8m | 103.9m | 121.8m |

| 14% | 12% | 14% | 12% | 12% | 7% | 12% | 14% | 15% |

## Interest expense | 4.0m | 5.3m | 5.9m | 6.4m | 5.5m | 5.9m | 5.6m | 5.4m | 5.7m |

## Pre tax profit | 95.7m | 92.9m | 103.5m | 91.8m | 75.9m | 33.7m | 73.3m | 97.2m | 117.9m |

## Income tax expense | 25.2m | 21.5m | 18.0m | 19.3m | 20.4m | 6.7m | 14.8m | 23.0m | 21.6m |

## Net Income | 70.5m | 71.5m | 85.4m | 72.5m | 55.6m | 27.0m | 58.5m | 74.2m | 96.1m |

## EPS | 1.1 | 1.1 | 1.4 | 1.2 | 0.9 | 0.5 | 1.0 | 1.2 | 1.6 |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Cash | 358.8m | 199.6m | 257.3m |

## Accounts Receivable | 396.9m | 374.6m | 373.5m |

## Inventories | 361.8m | 393.7m | 381.3m |

## Current Assets | 1.2b | 1.1b | 1.1b |

## PP&E | 478.8m | 529.3m | 522.1m |

## Goodwill | 281.3m | 337.1m | 335.6m |

## Total Assets | 2.3b | 2.4b | 2.3b |

## Accounts Payable | 268.6m | 273.0m | 256.5m |

## Dividends Payable | 29.9m | 29.7m | 30.4m |

## Short-term debt | 111.0k | 35.0m | 2.7m |

## Current Liabilities | 538.2m | 563.1m | 549.4m |

## Long-term debt | 702.5m | 712.3m | 715.5m |

## Total Debt | 111.0k | 747.3m | 718.2m |

## Total Liabilities | 1.5b | 1.6b | 1.5b |

## Common Stock | 9.9m | 9.9m | 9.9m |

## Preferred Stock | |||

## Additional Paid-in Capital | 360.3m | 389.4m | 410.0m |

## Retained Earnings | 2.6b | 2.7b | 2.8b |

## Total Equity | 887.6m | 819.1m | 790.3m |

## Debt to Equity Ratio | 0 x | 0.9 x | 0.9 x |

## Debt to Assets Ratio | 0 x | 0.3 x | 0.3 x |

## Financial Leverage | 2.6 x | 2.9 x | 2.9 x |

USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Net Income | 287.0m | 293.1m | 206.1m |

## Depreciation and Amortization | 72.3m | 81.5m | 80.5m |

## Accounts Receivable | (4.1m) | 50.4m | 3.6m |

## Inventories | (23.9m) | (12.0m) | 22.8m |

## Accounts Payable | 3.6m | (8.3m) | (17.9m) |

## Cash From Operating Activities | 329.2m | 403.2m | 351.4m |

## 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 | 257.9m | 333.6m | 292.2m |

USD | Q3, 2018 |
---|---|

## Debt/Equity | 0.8 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 2.6 x |