Latest headcount
12,000
YoY change
0.0%
Headcount CAGR
+2.3%
Revenue / employee
$349.3K
Employee count history for Lincoln Electric Holdings
| Fiscal year | Employees |
|---|---|
| 1993 | 6,036 |
| 1994 | 5,693 |
| 1995 | 6,000 |
| 1998 | 6,400 |
| 1999 | 6,300 |
| 2002 | 6,097 |
| 2003 | 5,992 |
| 2004 | 6,835 |
| 2005 | 7,485 |
| 2006 | 8,430 |
| 2007 | 8,992 |
| 2008 | 9,329 |
| 2009 | 8,950 |
| 2010 | 9,472 |
| 2011 | 9,929 |
| 2012 | 10,000 |
| 2013 | 10,000 |
| 2014 | 10,000 |
| 2015 | 10,000 |
| 2016 | 9,000 |
| 2017 | 11,000 |
| 2018 | 11,000 |
| 2019 | 11,000 |
| 2020 | 10,700 |
| 2021 | 11,000 |
| 2022 | 12,000 |
| 2023 | 12,000 |
Revenue per employee for Lincoln Electric Holdings
Annual revenue divided by reported headcount, normalized to US dollars.
| Fiscal year | Revenue per employee (USD) |
|---|---|
| 1994 | $159.3K |
| 1995 | $172.1K |
| 1998 | $185.4K |
| 1999 | $172.4K |
| 2002 | $163K |
| 2003 | $173.7K |
| 2004 | $195.1K |
| 2005 | $213.9K |
| 2006 | $233.9K |
| 2007 | $253.6K |
| 2008 | $265.7K |
| 2009 | $193.2K |
| 2010 | $218.6K |
| 2011 | $271.4K |
| 2012 | $285.3K |
| 2013 | $285.3K |
| 2014 | $281.3K |
| 2015 | $253.6K |
| 2016 | $252.7K |
| 2017 | $238.6K |
| 2018 | $275.3K |
| 2019 | $273K |
| 2020 | $248.2K |
| 2021 | $294K |
| 2022 | $313.4K |
| 2023 | $349.3K |
Earnings per employee for Lincoln Electric Holdings
Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.
| Fiscal year | Earnings per employee (USD) |
|---|---|
| 1994 | $8.4K |
| 1995 | $10.3K |
| 1998 | $14.6K |
| 1999 | $11.7K |
| 2002 | $4.8K |
| 2003 | $9.1K |
| 2004 | $11.8K |
| 2005 | $16.3K |
| 2006 | $20.8K |
| 2007 | $22.5K |
| 2008 | $22.8K |
| 2009 | $5.4K |
| 2010 | $13.8K |
| 2011 | $21.9K |
| 2012 | $25.7K |
| 2013 | $29.4K |
| 2014 | $25.5K |
| 2015 | $12.7K |
| 2016 | $22K |
| 2017 | $22.5K |
| 2018 | $26.1K |
| 2019 | $26.6K |
| 2020 | $19.3K |
| 2021 | $25.1K |
| 2022 | $39.4K |
| 2023 | $45.4K |
Employee count history for Lincoln Electric Holdings (LECO)
Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.
- 202312,0000.0%
- 202212,000+9.1%
- 202111,000+2.8%
- 202010,700-2.7%
- 201911,0000.0%
- 201811,0000.0%
- 201711,000+22.2%
- 20169,000-10.0%
- 201510,0000.0%
- 201410,0000.0%
- 201310,0000.0%
- 201210,000+0.7%
- 20119,929+4.8%
- 20109,472+5.8%
- 20098,950-4.1%
- 20089,329+3.7%
- 20078,992+6.7%
- 20068,430+12.6%
- 20057,485+9.5%
- 20046,835+14.1%
- 20035,992-1.7%
- 20026,097—
- 20015,791-3.9%
- 20006,026—
- 19996,300-1.6%
- 19986,400—
- 19976,100+2.2%
- 19965,971—
- 19956,000+5.4%
- 19945,693-5.7%
- 19936,036—
About Lincoln Electric Holdings's employee count
Lincoln Electric Holdings (LECO) employed 12,000 people in fiscal year 2023, based on its most recent annual report. That headcount was unchanged from 12,000 a year earlier.
Across the 1993–2023 period, the company's reported workforce went from 6,036 to 12,000 employees — a compound annual growth rate (CAGR) of +2.3% per year.
Lincoln Electric Holdings generated about $349.3K of revenue and $45.4K of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.
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