Lincoln Electric Holdings Inc

Common Name
Lincoln Electric Holdings
Country
United States
Sector
Industrials
Industry
Tools & Accessories
Employees
12,000
Ticker
LECO
Exchange
NASDAQ/NGS
Description
Lincoln Electric Holdings Inc. is a global manufacturer and supplier specialized in producing welding and cutting solutions. Its core purpose is to provide innovative welding technologies and related ...

Financial Statements of Lincoln Electric Holdings

Below are the financial statements of Lincoln Electric Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of USD202420232022
Net sales
4,008.67a
4,191.64a
3,761.21a
Cost of goods sold
-2,535.76a
-2,726.19a
-2,480.45a
Gross profit
1,472.91a
1,465.45a
1,280.76a
Selling, general & administrative expenses
-780.59a
-758.91a
-656.64a
Rationalization and asset impairment net charges
-55.86a
-11.31a
-11.79a
Operating income
636.46a
717.85a
612.34a
Interest expense, net
-42.79a
-44.37a
-29.5a
Other income
0.47a
13.39a
9.99a
Income before income taxes
594.15a
686.87a
592.83a
Income taxes
-128.04a
-141.62a
-120.6a
Net income
466.11a
545.25a
472.22a

Verified Sources Behind Lincoln Electric Holdings’s Financial Fundamentals Data

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a. Lincoln Electric Holdings's Annual Report 2024
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