TTM
10.1%
YoY change
+0.59pp
Trough year (2004)
-0.4%
Peak year (2023)
13.8%
Latest annual
12.6%
FCF Margin history chart for Lincoln Electric Holdings (LECO) from 1994 to 2025
Latest: 12.6%
FCF Margin change chart for Lincoln Electric Holdings (LECO) from 1994 to 2025
Latest: +0.59pp
FCF Margin history table for Lincoln Electric Holdings (LECO) from 1994 to 2025
| 2025 | 12.6% | +0.59pp | ||
| 2024 | 12.0% | -1.72pp | ||
| 2023 | 13.8% | +5.47pp | ||
| 2022 | 8.3% | -1.07pp | ||
| 2021 | 9.4% | -1.65pp | ||
| 2020 | 11.0% | -0.10pp | ||
| 2019 | 11.1% | +2.59pp | ||
| 2018 | 8.5% | -1.89pp | ||
| 2017 | 10.4% | -0.74pp | ||
| 2016 | 11.1% | +0.88pp | ||
| 2015 | 10.3% | -1.42pp | ||
| 2014 | 11.7% | +2.47pp | ||
| 2013 | 9.2% | -0.41pp | ||
| 2012 | 9.6% | +4.89pp | ||
| 2011 | 4.7% | +0.08pp | ||
| 2010 | 4.7% | -7.61pp | ||
| 2009 | 12.3% | +4.80pp | ||
| 2008 | 7.5% | -0.79pp | ||
| 2007 | 8.3% | +6.09pp | ||
| 2006 | 2.2% | -2.00pp | ||
| 2005 | 4.2% | +4.55pp | ||
| 2004 | -0.4% | -6.24pp | ||
| 2003 | 5.8% | -1.77pp | ||
| 2002 | 7.6% | -0.92pp | ||
| 2001 | 8.5% | +0.40pp | ||
| 2000 | 8.1% | +6.49pp | ||
| 1999 | 1.6% | -0.88pp | ||
| 1998 | 2.5% | -1.93pp | ||
| 1997 | 4.5% | -1.68pp | ||
| 1996 | 6.1% | +4.47pp | ||
| 1995 | 1.7% | -1.80pp | ||
| 1994 | 3.5% | — |
- 202512.6%+0.59pp
- 202412.0%-1.72pp
- 202313.8%+5.47pp
- 20228.3%-1.07pp
- 20219.4%-1.65pp
- 202011.0%-0.10pp
- 201911.1%+2.59pp
- 20188.5%-1.89pp
- 201710.4%-0.74pp
- 201611.1%+0.88pp
- 201510.3%-1.42pp
- 201411.7%+2.47pp
- 20139.2%-0.41pp
- 20129.6%+4.89pp
- 20114.7%+0.08pp
- 20104.7%-7.61pp
- 200912.3%+4.80pp
- 20087.5%-0.79pp
- 20078.3%+6.09pp
- 20062.2%-2.00pp
- 20054.2%+4.55pp
- 2004-0.4%-6.24pp
- 20035.8%-1.77pp
- 20027.6%-0.92pp
- 20018.5%+0.40pp
- 20008.1%+6.49pp
- 19991.6%-0.88pp
- 19982.5%-1.93pp
- 19974.5%-1.68pp
- 19966.1%+4.47pp
- 19951.7%-1.80pp
- 19943.5%—
FCF Margin values are taken from Lincoln Electric Holdings's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Lincoln Electric Holdings (LECO)
According to Lincoln Electric Holdings's latest reported financial statements, the company's latest reported free cash flow margin is 10.1%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Lincoln Electric Holdings (LECO) free cash flow margin totalled 12.63% – expanded 0.6 percentage points year-over-year.
The highest annual free cash flow margin of 13.75% was reported in 2023. The lowest in the available history was -0.39% in 2004.
Lincoln Electric Holdings FCF Margin by Year
Lincoln Electric Holdings FCF Margin 2025: 12.6%
In 2025, Lincoln Electric Holdings reported free cash flow margin of 12.63%, expanded 0.6 percentage points from 2024.
Lincoln Electric Holdings FCF Margin 2024: 12.0%
Lincoln Electric Holdings free cash flow margin in 2024 was 12.03%, contracted 1.7 percentage points from 2023.
Lincoln Electric Holdings FCF Margin 2023: 13.8%
2023's free cash flow margin for Lincoln Electric Holdings came in at 13.75%, expanded 5.5 percentage points from 2022. This figure represents the highest annual value in the available history.
Lincoln Electric Holdings FCF Margin 2022: 8.3%
Lincoln Electric Holdings posted free cash flow margin of 8.28% in 2022, contracted 1.1 percentage points from 2021.
Lincoln Electric Holdings FCF Margin 2021: 9.4%
Lincoln Electric Holdings free cash flow margin in 2021 was 9.35%.
See more financial history for Lincoln Electric Holdings (LECO).
Sector peers by FCF Margin
Industrials peers of Lincoln Electric Holdings (LECO), ranked by their latest free cash flow margin
| 23.1% | |
| 16.5% | |
| 16.2% | |
| 15.4% | |
| 11.4% | |
| 9.2% | |
| 0.8% | |
| -1.1% |
- 23.1%
- 16.2%
- 15.4%
- 9.2%
- -1.1%
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