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Lincoln Electric revenue decreased from $3 billion in 2019 to $2.7 billion in 2020, a (11.6%) decrease.

Annual Revenue ($)

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

Quarterly Revenue ($)

FY, 2018FY, 2019FY, 2020
Revenue$3.03 b$3 b$2.66 b
Growth(0.84%)(11.58%)
Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021
Revenue$737.1 m$759.17 m$777.01 m$730.78 m$701.99 m$590.73 m$668.89 m$757.02 m$826.45 m

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

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

FY, 2020FY, 2019FY, 2018
Americas Welding$1.51 b$1.82 b$1.81 b
International Welding $786.81 m$854.38 m$919.77 m
The Harris Products Group$358.72 m$333.15 m$302.39 m
FY, 2020FY, 2019FY, 2018
Foreign countries$1.22 b$1.39 b$1.47 m
United States$1.43 b$1.62 b$1.55 m

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