TTM
36.1%
YoY change
−0.57pp
Trough year (2009)
26.4%
Peak year (1994)
41.7%
Latest annual
36.3%
Gross Margin history chart for Lincoln Electric Holdings (LECO) from 1994 to 2025
Latest: 36.3%
Gross Margin change chart for Lincoln Electric Holdings (LECO) from 1994 to 2025
Latest: −0.57pp
Gross Margin history table for Lincoln Electric Holdings (LECO) from 1994 to 2025
| 2025 | 36.3% | -0.57pp | ||
| 2024 | 36.9% | +1.62pp | ||
| 2023 | 35.3% | +1.20pp | ||
| 2022 | 34.1% | +1.01pp | ||
| 2021 | 33.0% | +0.23pp | ||
| 2020 | 32.8% | -0.74pp | ||
| 2019 | 33.5% | -0.41pp | ||
| 2018 | 34.0% | +0.44pp | ||
| 2017 | 33.5% | -1.06pp | ||
| 2016 | 34.6% | +0.51pp | ||
| 2015 | 34.1% | +0.21pp | ||
| 2014 | 33.9% | +0.68pp | ||
| 2013 | 33.2% | +2.78pp | ||
| 2012 | 30.4% | +3.07pp | ||
| 2011 | 27.3% | +0.11pp | ||
| 2010 | 27.2% | +0.85pp | ||
| 2009 | 26.4% | -2.66pp | ||
| 2008 | 29.0% | +0.66pp | ||
| 2007 | 28.4% | +0.39pp | ||
| 2006 | 28.0% | +0.72pp | ||
| 2005 | 27.3% | +0.12pp | ||
| 2004 | 27.2% | +0.20pp | ||
| 2003 | 27.0% | -3.21pp | ||
| 2002 | 30.2% | -1.21pp | ||
| 2001 | 31.4% | -5.43pp | ||
| 2000 | 36.8% | -0.09pp | ||
| 1999 | 36.9% | -3.98pp | ||
| 1998 | 40.9% | +0.42pp | ||
| 1997 | 40.5% | -0.29pp | ||
| 1996 | 40.8% | -0.65pp | ||
| 1995 | 41.4% | -0.33pp | ||
| 1994 | 41.7% | — |
- 202536.3%-0.57pp
- 202436.9%+1.62pp
- 202335.3%+1.20pp
- 202234.1%+1.01pp
- 202133.0%+0.23pp
- 202032.8%-0.74pp
- 201933.5%-0.41pp
- 201834.0%+0.44pp
- 201733.5%-1.06pp
- 201634.6%+0.51pp
- 201534.1%+0.21pp
- 201433.9%+0.68pp
- 201333.2%+2.78pp
- 201230.4%+3.07pp
- 201127.3%+0.11pp
- 201027.2%+0.85pp
- 200926.4%-2.66pp
- 200829.0%+0.66pp
- 200728.4%+0.39pp
- 200628.0%+0.72pp
- 200527.3%+0.12pp
- 200427.2%+0.20pp
- 200327.0%-3.21pp
- 200230.2%-1.21pp
- 200131.4%-5.43pp
- 200036.8%-0.09pp
- 199936.9%-3.98pp
- 199840.9%+0.42pp
- 199740.5%-0.29pp
- 199640.8%-0.65pp
- 199541.4%-0.33pp
- 199441.7%—
Gross 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 Gross Margin at Lincoln Electric Holdings (LECO)
According to Lincoln Electric Holdings's latest reported financial statements, the company's latest reported gross margin is 36.1%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Lincoln Electric Holdings (LECO) reported gross margin of 36.30% – contracted 0.6 percentage points year-over-year.
The highest annual gross margin of 41.73% was reported in 1994. The lowest in the available history was 26.38% in 2009.
Lincoln Electric Holdings Gross Margin by Year
Lincoln Electric Holdings Gross Margin 2025: 36.3%
Lincoln Electric Holdings posted gross margin of 36.30% in 2025, contracted 0.6 percentage points from 2024.
Lincoln Electric Holdings Gross Margin 2024: 36.9%
In 2024, Lincoln Electric Holdings reported gross margin of 36.87%, expanded 1.6 percentage points from 2023.
Lincoln Electric Holdings Gross Margin 2023: 35.3%
Lincoln Electric Holdings gross margin in 2023 was 35.25%, expanded 1.2 percentage points from 2022.
Lincoln Electric Holdings Gross Margin 2022: 34.1%
2022's gross margin for Lincoln Electric Holdings came in at 34.05%, expanded 1.0 percentage points from 2021.
Lincoln Electric Holdings Gross Margin 2021: 33.0%
Lincoln Electric Holdings gross margin in 2021 was 33.04%.
See more financial history for Lincoln Electric Holdings (LECO).
Sector peers by Gross Margin
Industrials peers of Lincoln Electric Holdings (LECO), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
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