The Lincoln Electric Company Overview

  • Year Founded
  • 1895

Year Founded

  • Status
  • Public

  • Employees
  • 12,000

Employees

  • Stock Symbol
  • LECO

Stock Symbol

  • Investments
  • 45

  • Share Price
  • $207.25
  • (As of Tuesday Closing)

The Lincoln Electric Company General Information

Description

Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. The firm's portfolio of products includes arc-welding solutions, plasma and oxy-fuel cutting systems, and brazing and soldering alloys, as well as automation solutions. Lincoln Electric serves clients in the general fabrication, heavy industries, automotive, construction, shipbuilding, energy and process industries, among other end markets. Based in Cleveland, Ohio, Lincoln Electric has operations in 19 countries and has 11,000 employees worldwide. The company generated roughly $4.2 billion in sales in 2023.

Contact Information

Formerly Known As
Lincoln Electric Co
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Machinery (B2B)
Stock Exchange
NAS
Corporate Office
  • 22801 Saint Clair Avenue
  • Cleveland, OH 44117
  • United States
+1 (216) 000-0000

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The Lincoln Electric Company Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$207.25 $205.16 $164.00 - $261.13 $11.8B 56.8M 414K $9.57

The Lincoln Electric Company Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 15,226,869 13,206,546 8,980,848 8,833,996
Revenue 4,133,490 4,191,636 3,761,211 3,234,180
EBITDA 816,963 817,907 700,386 428,358
Net Income 546,732 545,248 472,224 276,580
Total Assets 3,379,717 3,377,297 3,180,546 2,592,307
Total Debt 1,107,397 1,105,210 1,203,879 769,819
Public Fundamental Data provided by Morningstar, Inc. disclaimer

The Lincoln Electric Company Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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The Lincoln Electric Company Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. The firm's portfolio of products i
Machinery (B2B)
Cleveland, OH
12,000 As of 2023
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Bethesda, MD
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Glenview, IL
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The Lincoln Electric Company Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ESAB (Machinery Manufacturing) Corporation Bethesda, MD 0000 00.000 000000000 00 00.000
Illinois Tool Works Corporation Glenview, IL 00000 00.00 000000000 00
Donaldson Company Corporation Bloomington, MN 00000 00000 000000000 00 00000
Hypertherm Associates Formerly VC-backed Hanover, NH 0000 00.000 000000 - 000 00.000
EWM (Mündersbach) Private Equity-Backed Mündersbach, Germany 000 000000000
You’re viewing 5 of 8 competitors. Get the full list »

The Lincoln Electric Company Patents

The Lincoln Electric Company Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
FR-3059307-A1 Carton packaging for mobile equipment Pending 30-Nov-2016 00000000000 0
FR-3044201-A1 Arc plasma torch with tungsten electrode Active 24-Nov-2015 00000000 0
FR-3044201-B1 Arc plasma torch with tungsten electrode Active 24-Nov-2015 00000000
EP-3174373-B1 Plasma arc torch with tungsten electrode Active 24-Nov-2015 00000000
EP-3174373-A1 Plasma arc torch with tungsten electrode Active 24-Nov-2015 H05H1/34 0
To view The Lincoln Electric Company’s complete patent history, request access »

The Lincoln Electric Company Executive Team (26)

Name Title Board Seat
Anthony Massaro Chairman & Chief Executive Officer
Steven Hedlund Chief Operating Officer
Michael Whitehead JD President & Senior Vice President
Gabriel Bruno Executive Vice President, Chief Financial Officer and Treasurer
Susan Edwards Senior Vice President & Chief Human Resources Officer
You’re viewing 5 of 26 executive team members. Get the full list »

The Lincoln Electric Company Board Members (17)

Name Representing Role Since
0000000 0000000 The Lincoln Electric Company Chairman & Chief Executive Officer 000 0000
00000 00000 00.0 The Lincoln Electric Company Board Member and Member of the Audit Committee and the Nominating and Corporate Governance Committee 000 0000
00000 00000000 Self Board Member 000 0000
00000000000 00000 The Lincoln Electric Company Chief Executive Officer, President & Chairman 000 0000
000000 00000000 Self Board Member 000 0000
You’re viewing 5 of 17 board members. Get the full list »

The Lincoln Electric Company Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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The Lincoln Electric Company Investments & Acquisitions (45)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Inrotech 03-Jun-2024 0000000000 Other Hardware 0000000 0
RedViking Group 01-Apr-2024 0000000000 Aerospace and Defense 000000 00
Powermig Automacão E Soldagem 03-May-2023 0000000000 00.00 Machinery (B2B) 000000000
Fori Automation 01-Dec-2022 0000000000 00000 Machinery (B2B) 000000000
Kestra Universal Soldas 01-Mar-2022 Merger/Acquisition 000.00 Industrial Supplies and Parts
You’re viewing 5 of 45 investments and acquisitions. Get the full list »

The Lincoln Electric Company Subsidiaries (19)

Company Name Industry Location Founded
Inrotech Other Hardware Odense, Denmark 2009
Powermig Automacão E Soldagem Machinery (B2B) Caxias do Sul, Brazil 0000
Robolution Machinery (B2B) Weiterstadt, Germany 0000
Baker Industries (Industrial Supplies and Parts) Industrial Supplies and Parts Macomb, MI 0000
Weartech International Other Metals, Minerals and Mining Port Talbot, United Kingdom 0000
You’re viewing 5 of 19 subsidiaries. Get the full list »

The Lincoln Electric Company ESG

Risk Overview

Risk Rating

Updated June, 19, 2024

20.78 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,216

Rank

00.00

Percentile

Machinery

Industry

00 of 617

Rank

00.0

Percentile

Industrial Machinery

Subindustry

00 of 459

Rank

00.00

Percentile

To view The Lincoln Electric Company’s complete esg history, request access »

The Lincoln Electric Company Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Digital Alloys 07-Aug-2018 00000 00000 00 000.00 Completed
  • 4 buyers
To view The Lincoln Electric Company’s complete exits history, request access »

The Lincoln Electric Company FAQs

  • When was The Lincoln Electric Company founded?

    The Lincoln Electric Company was founded in 1895.

  • Who is the CEO of The Lincoln Electric Company?

    Anthony Massaro and Steven Hedlund are the CEOs of The Lincoln Electric Company.

  • Where is The Lincoln Electric Company headquartered?

    The Lincoln Electric Company is headquartered in Cleveland, OH.

  • What is the size of The Lincoln Electric Company?

    The Lincoln Electric Company has 12,000 total employees.

  • What industry is The Lincoln Electric Company in?

    The Lincoln Electric Company’s primary industry is Machinery (B2B).

  • Is The Lincoln Electric Company a private or public company?

    The Lincoln Electric Company is a Public company.

  • What is The Lincoln Electric Company’s stock symbol?

    The ticker symbol for The Lincoln Electric Company is LECO.

  • What is the current stock price of The Lincoln Electric Company?

    As of 23-Jul-2024 the stock price of The Lincoln Electric Company is $207.25.

  • What is the current market cap of The Lincoln Electric Company?

    The current market capitalization of The Lincoln Electric Company is $11.8B.

  • What is The Lincoln Electric Company’s current revenue?

    The trailing twelve month revenue for The Lincoln Electric Company is $4.13B.

  • Who are The Lincoln Electric Company’s competitors?

    ESAB (Machinery Manufacturing), Illinois Tool Works, Donaldson Company, Hypertherm Associates, and EWM (Mündersbach) are some of the 8 competitors of The Lincoln Electric Company.

  • What is The Lincoln Electric Company’s annual earnings per share (EPS)?

    The Lincoln Electric Company’s EPS for 12 months was $9.57.

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