Lincoln Electric Holdings, Inc. (LECO) Stock

About Lincoln Electric Holdings, Inc.

Lincoln Electric Holdings, Inc., an enterprise established in Cleveland, Ohio, in 1895, operates globally, focusing on the innovation, production, and sale of equipment and materials for welding, cutting, and brazing applications. The company is organized into three distinct divisions: Americas Welding, International Welding, and The Harris Products Group. Its extensive product portfolio encompasses a broad spectrum of welding machinery, including arc welding power sources, plasma cutters, wire feeding systems, automated robotic welding setups, comprehensive automation solutions, and fume extraction devices. Additionally, Lincoln Electric provides a variety of consumables such as electrodes, fluxes, various welding accessories, and specialized welding and fabrication materials. Beyond welding, the firm manufactures computer-controlled plasma and oxy-fuel cutting systems, along with regulators and torches essential for oxy-fuel welding, cutting, and brazing. It also supplies consumable alloys for the brazing and soldering markets. The company maintains a retail presence within the United States. Furthermore, it fabricates copper and aluminum headers, distributor assemblies, and manifolds specifically for the heating, ventilation, and air conditioning (HVAC) sector in both the U.S. and Mexico. Lincoln Electric serves a wide array of sectors, including general fabrication, energy and process, automotive and transportation, construction and infrastructure, heavy fabrication, shipbuilding, and maintenance and repair. Its offerings are distributed to end-users via direct sales, industrial distributors, retail channels, and independent agents.

Lincoln Electric Holdings, Inc. is led by CEO Steven Hedlund, employs 12,000 people, headquartered in Cleveland, US, publicly traded since 1994.

Lincoln Electric Holdings, Inc. (LECO) stock trades at $265.89 with a market capitalization of $14.57B. The stock is valued at a price-to-earnings (P/E) ratio of 27.19, price-to-book of 9.45, price-to-sales of 3.21. Over the past 52 weeks the stock has ranged between $199.30 and $310.00, and currently trades 14.2% below its 52-week high. It pays a dividend yielding 1.21%.

On profitability, Lincoln Electric Holdings, Inc. generates a return on equity (ROE) of 35.44% — well above the market average, a sign of a high-quality business, return on capital employed of 48.64%, an operating margin of 16.90%, a net profit margin of 12.39%.

Official website: www.lincolnelectric.com