Buyback yield (TTM)
2.11%
Shareholder yield (TTM)
3.35%
5Y share count change
-7.3%
Buyback spend (TTM)
$288.28M
Cumulative buybacks
$3.88B
Key takeaways
- Lincoln Electric Holdings (LECO) repurchased about $288.28M of stock over the trailing twelve months.
- Diluted share count is down 7.3% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 13.36× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +24.4% per year over the latest 5-year window.
- TTM repurchases used about 107% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Lincoln Electric Holdings (LECO)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Lincoln Electric Holdings (LECO)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Lincoln Electric Holdings (LECO)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Lincoln Electric Holdings (LECO)
Latest: $338.31M
Overview
Lincoln Electric Holdings (LECO) most recent annual buyback spend stands at $338.31M (2025) – grew 28.3% year-over-year.
Lincoln Electric Holdings buyback spend compound annual growth for the 2020–2025 (5 years) window is +24.4%, sustaining 5 straight years of year-over-year growth.
Lincoln Electric Holdings buyback spend declined from $416.20M in 1994 to $338.31M in 2025, a 18.7% drawdown.
1994 marks the peak buyback spend at $416.20M, with the historical low of $0.00 recorded in 1995.
Lincoln Electric Holdings Buyback Spend 2025: $338.31M
In 2025, Lincoln Electric Holdings reported buyback spend of $338.31M, grew 28.3% from 2024.
Lincoln Electric Holdings Buyback Spend 2024: $263.75M
Lincoln Electric Holdings buyback spend in 2024 was $263.75M, surged 32.7% from 2023.
Lincoln Electric Holdings Buyback Spend 2023: $198.76M
2023's buyback spend for Lincoln Electric Holdings came in at $198.76M, grew 9.6% from 2022.
Lincoln Electric Holdings Buyback Spend 2022: $181.29M
Lincoln Electric Holdings posted buyback spend of $181.29M in 2022, grew 10.2% from 2021.
Lincoln Electric Holdings Buyback Spend 2021: $164.53M
Lincoln Electric Holdings buyback spend in 2021 was $164.53M.
See more financial history for Lincoln Electric Holdings (LECO).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $338.31M | $20.35M | $317.96M | 2.57% | 0.06B | -2.3% | |
| 2024 | $263.75M | $24.05M | $239.70M | 2.50% | 0.06B | -1.8% | |
| 2023 | $198.76M | $26.23M | $172.53M | 1.60% | 0.06B | -0.9% | |
| 2022 | $181.29M | $25.27M | $156.03M | 2.18% | 0.06B | -2.2% | |
| 2021 | $164.53M | $23.79M | $140.74M | 2.00% | 0.06B | -0.3% | |
| 2020 | $113.45M | $15.39M | $98.07M | 1.64% | 0.06B | -3.8% | |
| 2019 | $292.69M | $16.62M | $276.07M | 4.96% | 0.06B | -4.6% | |
| 2018 | $201.65M | $18.55M | $183.10M | 4.01% | 0.07B | -1.4% | |
| 2017 | $43.16M | $12.70M | $30.47M | 0.72% | 0.07B | -2.2% | |
| 2016 | $342.00M | $10.33M | $331.67M | 6.80% | 0.07B | -8.9% | |
| 2015 | $399.49M | $7.93M | $391.56M | 10.78% | 0.07B | -6.5% | |
| 2014 | $307.18M | $8.42M | $298.76M | 5.74% | 0.08B | -3.5% | |
| 2013 | $167.88M | $9.73M | $158.15M | 2.90% | 0.08B | -1.3% | |
| 2012 | $81.02M | $8.96M | $72.06M | 2.01% | 0.08B | -0.6% | |
| 2011 | $37.00M | $6.61M | $30.39M | 1.13% | 0.08B | -0.6% | |
| 2010 | $39.68M | $8.21M | $31.47M | 1.45% | 0.09B | -0.1% | |
| 2009 | $343.00K | $5.43M | −$5.09M | 0.02% | 0.09B | -1.0% | |
| 2008 | $42.34M | $4.74M | $37.60M | 1.96% | 0.09B | -0.8% | |
| 2007 | $15.46M | $4.68M | $10.78M | 0.51% | 0.09B | +0.9% | |
| 2006 | $126.00K | $0.00 | $126.00K | 0.00% | 0.09B | +2.0% | |
| 2005 | $12.80M | $3.53M | $9.28M | 0.77% | 0.08B | +1.3% | |
| 2004 | $4.37M | $4.14M | $223.00K | 0.31% | 0.08B | +0.0% | |
| 2003 | $41.99M | $0.00 | $41.99M | 4.23% | 0.08B | -3.3% | |
| 2002 | $11.59M | $0.00 | $11.59M | 1.19% | 0.09B | +0.9% | |
| 2001 | $536.00K | $0.00 | $536.00K | 0.05% | 0.09B | -0.1% | |
| 2000 | $41.56M | $0.00 | $41.56M | — | 0.09B | -6.5% | |
| 1999 | $75.60M | $0.00 | $75.60M | — | 0.09B | -7.0% | |
| 1998 | $22.70M | $0.00 | $22.70M | — | 0.10B | -0.6% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.10B | -1.0% | |
| 1996 | $27.40M | $0.00 | $27.40M | — | 0.10B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $416.20M | $0.00 | $416.20M | — | — | — |
- 2025$338.31M
- 2024$263.75M
- 2023$198.76M
- 2022$181.29M
- 2021$164.53M
- 2020$113.45M
- 2019$292.69M
- 2018$201.65M
- 2017$43.16M
- 2016$342.00M
- 2015$399.49M
- 2014$307.18M
- 2013$167.88M
- 2012$81.02M
- 2011$37.00M
- 2010$39.68M
- 2009$343.00K
- 2008$42.34M
- 2007$15.46M
- 2006$126.00K
- 2005$12.80M
- 2004$4.37M
- 2003$41.99M
- 2002$11.59M
- 2001$536.00K
- 2000$41.56M
- 1999$75.60M
- 1998$22.70M
- 1997$0.00
- 1996$27.40M
- 1995$0.00
- 1994$416.20M
Buybacks vs stock-based compensation for Lincoln Electric Holdings (LECO)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 13.36×.
Buybacks vs dividends (share of cash returned) for Lincoln Electric Holdings (LECO)
How Lincoln Electric Holdings splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Lincoln Electric Holdings, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50.00M | |
| $0.00 |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50.00M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $269.13M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation