The Lincoln Electric Company Overview
- Year Founded
-
1895
- Status
-
Public
- Employees
-
12,000
- Stock Symbol
-
LECO
- Investments
-
46
- Share Price
-
$177.38
- (As of Thursday 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 billion in sales in 2024.
Contact Information
Website
www.lincolnelectric.comCorporate Office
- 22801 Saint Clair Avenue
- Cleveland, OH 44117
- United States
Corporate Office
- 22801 Saint Clair Avenue
- Cleveland, OH 44117
- United States
The Lincoln Electric Company Stock Performance
As of 17-Apr-2025, The Lincoln Electric Company’s stock price is $177.38. Its current market cap is $9.9B with 56M shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $177.38 | $177.29 | $161.11 - $242.65 | $9.9B | 56M | 330K | $8.23 |
The Lincoln Electric Company Financials Summary
As of 31-Dec-2024, The Lincoln Electric Company has a trailing 12-month revenue of $4.01B.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 11,436,536 | 11,436,536 | 13,206,546 | 8,980,848 |
| Revenue | 4,008,670 | 4,008,670 | 4,191,636 | 3,761,211 |
| EBITDA | 725,173 | 725,173 | 817,907 | 700,386 |
| Net Income | 466,108 | 466,108 | 545,248 | 472,224 |
| Total Assets | 3,520,142 | 3,520,142 | 3,377,297 | 3,180,546 |
| Total Debt | 1,261,075 | 1,261,075 | 1,105,210 | 1,203,879 |
The Lincoln Electric Company Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
The Lincoln Electric Company Comparisons
Industry
Financing
Details
The Lincoln Electric Company Competitors (9)
One of The Lincoln Electric Company’s 9 competitors is ESAB (Machinery Manufacturing), a Corporation company based in Bethesda, MD.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ESAB (Machinery Manufacturing) | Corporation | Bethesda, MD | ||||
| Parker-Hannifin | Corporation | Cleveland, OH | ||||
| Illinois Tool Works | Corporation | Glenview, IL | ||||
| Donaldson Company | Corporation | Bloomington, MN | ||||
| Hypertherm Associates | Formerly VC-backed | Hanover, NH |
The Lincoln Electric Company Patents
The Lincoln Electric Company Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20170173720-A1 | Welding helmet with heads up display and voice command | Pending | 09-Apr-2014 | ||
| US-20100084387-A1 | Engine driven welding machine | Active | 03-Oct-2008 | ||
| US-D599746-S1 | Foot pedal controller | Inactive | 16-May-2008 | ||
| AU-2002243638-B2 | System and method providing distributed welding architecture | Inactive | 25-Jan-2001 | ||
| JP-2004524611-A | Systems and methods for providing a distributed welding architecture | Active | 25-Jan-2001 | B23K9/1087 |
The Lincoln Electric Company Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
The Lincoln Electric Company Investments & Acquisitions (46)
The Lincoln Electric Company’s most recent deal was a Merger/Acquisition with Vanair Manufacturing for . The deal was made on 30-Jul-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Vanair Manufacturing | 30-Jul-2024 | Merger/Acquisition | Electrical Equipment | ||
| Inrotech | 03-Jun-2024 | Merger/Acquisition | Other Hardware | ||
| RedViking Group | 01-Apr-2024 | Merger/Acquisition | Aerospace and Defense | ||
| Powermig Automacão E Soldagem | 03-May-2023 | Merger/Acquisition | Machinery (B2B) | ||
| Fori Automation | 01-Dec-2022 | Merger/Acquisition | Machinery (B2B) |
The Lincoln Electric Company ESG
Risk Overview
Risk Rating
Updated August, 06, 2024
20.98 | 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
Management
Management is related to actions taken to manage ESG issues
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
of 15,109
Rank
Percentile
Machinery
Industry
of 587
Rank
Percentile
Industrial Machinery
Subindustry
of 434
Rank
Percentile
The Lincoln Electric Company Exits (1)
The Lincoln Electric Company’s most recent exit was on 07-Aug-2018 from Digital Alloys. The exit was categorized as with 4 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Digital Alloys | 07-Aug-2018 | Completed |
|
The Lincoln Electric Company Affiliates
Subsidiaries (19)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Inrotech | Odense, Denmark | 2009 | |
| Powermig Automacão E Soldagem | Caxias do Sul, Brazil | 2006 | |
| Robolution (Machinery (B2B)) | Weiterstadt, Germany | 2000 | |
| Baker Industries (Industrial Supplies and Parts) | Macomb, MI | 1992 | |
| Fori Automation | Shelby, MI | 1984 |
The Lincoln Electric Company FAQs
-
When was The Lincoln Electric Company founded?
The Lincoln Electric Company was founded in 1895.
-
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 17-Apr-2025 the stock price of The Lincoln Electric Company is $177.38.
-
What is the current market cap of The Lincoln Electric Company?
The current market capitalization of The Lincoln Electric Company is $9.9B.
-
What is The Lincoln Electric Company’s current revenue?
The trailing twelve month revenue for The Lincoln Electric Company is $4.01B.
-
Who are The Lincoln Electric Company’s competitors?
ESAB (Machinery Manufacturing), Parker-Hannifin, Illinois Tool Works, Donaldson Company, and Hypertherm Associates are some of the 9 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 $8.23.
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