Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products in the United States and internationally. It operates in three segments: Americas Welding, International Welding, and The Harris Products Group. The company offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, specialty gas regulators, and education solutions; and a portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business. It also provides mobile power solutions, including vehicle-mounted compressors, generators, welders, hydraulics, charger/boosters, and electrified power equipment; automated welding system and solutions; automated material handling solutions; and specialty welding consumables, wear plates, and maintenance and repair services for alloy and wear-resistant products, as well as develops and integrates autonomous guided vehicles and mobile robots, custom assembly and test systems, and proprietary manufacturing execution system software. The company serves general fabrication, oil and gas, power generation, process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. It sells its products directly to users of welding products, including OEMs, manufacturers, and integrators, as well as through industrial distributors, retailers, and agents. Lincoln Electric Holdings, Inc. was founded in 1895 and is headquartered in Cleveland, Ohio.
Welding Giant's Resilience | Lincoln Electric maintains strong financial health despite market challenges, with robust profitability and a 52-year streak of dividend payments |
Automation Drives Growth | Explore how Lincoln Electric's automation segment is projected to outpace core welding business, potentially doubling its growth rate |
Market Headwinds | Delve into Lincoln Electric's strategy to navigate end-market weakness through cost management and operational efficiency initiatives |
Future Outlook | Analysts project EPS growth to $9.91 by FY2026, with price targets ranging up to $255, reflecting optimism despite near-term challenges |
Metrics to compare | LECO | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipLECOPeersSector | |
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P/E Ratio | 26.6x | 22.9x | 12.4x | |
PEG Ratio | −1.90 | 1.23 | 0.03 | |
Price/Book | 9.1x | 4.0x | 1.4x | |
Price / LTM Sales | 3.0x | 3.3x | 1.2x | |
Upside (Analyst Target) | 0.2% | 22.5% | 16.0% | |
Fair Value Upside | Unlock | 6.5% | 6.8% | Unlock |