TTM
$538.43M
YoY change
+11.7%
5Y CAGR
+20.4%
Peak year (2023)
$545.25M
Cumulative net income
$6.45B
Net Income history chart for Lincoln Electric Holdings (LECO) from 1994 to 2025
Latest: $520.53M
Net Income growth chart for Lincoln Electric Holdings (LECO) from 1994 to 2025
Latest: +11.7%
Net Income history table for Lincoln Electric Holdings (LECO) from 1994 to 2025
| 2025 | $520.53M | +11.7% | +$54.42M | ||
| 2024 | $466.11M | -14.5% | −$79.14M | ||
| 2023 | $545.25M | +15.5% | +$73.02M | ||
| 2022 | $472.22M | +70.7% | +$195.64M | ||
| 2021 | $276.58M | +34.2% | +$70.47M | ||
| 2020 | $206.12M | -29.7% | −$86.99M | ||
| 2019 | $293.11M | +2.1% | +$6.04M | ||
| 2018 | $287.07M | +16.0% | +$39.56M | ||
| 2017 | $247.50M | +24.8% | +$49.10M | ||
| 2016 | $198.40M | +55.6% | +$70.92M | ||
| 2015 | $127.48M | -49.9% | −$127.21M | ||
| 2014 | $254.69M | -13.3% | −$39.09M | ||
| 2013 | $293.78M | +14.1% | +$36.37M | ||
| 2012 | $257.41M | +18.5% | +$40.23M | ||
| 2011 | $217.19M | +66.8% | +$86.94M | ||
| 2010 | $130.24M | +168.1% | +$81.67M | ||
| 2009 | $48.58M | -77.1% | −$163.71M | ||
| 2008 | $212.29M | +4.7% | +$9.55M | ||
| 2007 | $202.74M | +15.8% | +$27.73M | ||
| 2006 | $175.01M | +43.1% | +$52.70M | ||
| 2005 | $122.31M | +51.8% | +$41.71M | ||
| 2004 | $80.60M | +47.8% | +$26.05M | ||
| 2003 | $54.54M | +86.3% | +$25.27M | ||
| 2002 | $29.27M | -65.0% | −$54.31M | ||
| 2001 | $83.59M | +7.0% | +$5.50M | ||
| 2000 | $78.09M | +5.7% | +$4.19M | ||
| 1999 | $73.90M | -21.1% | −$19.80M | ||
| 1998 | $93.70M | +9.7% | +$8.30M | ||
| 1997 | $85.40M | +14.9% | +$11.10M | ||
| 1996 | $74.30M | +20.8% | +$12.80M | ||
| 1995 | $61.50M | +28.1% | +$13.50M | ||
| 1994 | $48.00M | — | — |
- 2025$520.53M+11.7%
- 2024$466.11M-14.5%
- 2023$545.25M+15.5%
- 2022$472.22M+70.7%
- 2021$276.58M+34.2%
- 2020$206.12M-29.7%
- 2019$293.11M+2.1%
- 2018$287.07M+16.0%
- 2017$247.50M+24.8%
- 2016$198.40M+55.6%
- 2015$127.48M-49.9%
- 2014$254.69M-13.3%
- 2013$293.78M+14.1%
- 2012$257.41M+18.5%
- 2011$217.19M+66.8%
- 2010$130.24M+168.1%
- 2009$48.58M-77.1%
- 2008$212.29M+4.7%
- 2007$202.74M+15.8%
- 2006$175.01M+43.1%
- 2005$122.31M+51.8%
- 2004$80.60M+47.8%
- 2003$54.54M+86.3%
- 2002$29.27M-65.0%
- 2001$83.59M+7.0%
- 2000$78.09M+5.7%
- 1999$73.90M-21.1%
- 1998$93.70M+9.7%
- 1997$85.40M+14.9%
- 1996$74.30M+20.8%
- 1995$61.50M+28.1%
- 1994$48.00M—
Net Income 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 Net Income at Lincoln Electric Holdings (LECO)
According to Lincoln Electric Holdings's latest reported financial statements, the company's current net income (TTM) is $538.43M. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Lincoln Electric Holdings (LECO) net income totalled $520.53M – grew 11.7% year-over-year.
Over 2020–2025 (5 years), Lincoln Electric Holdings net income expanded at a +20.4% compound annual rate, with mixed annual results across the window.
Between 2023 and 2025, Lincoln Electric Holdings net income edged down 4.5%, falling from $545.25M to $520.53M.
2023 marks the peak net income at $545.25M, with the historical low of $29.27M recorded in 2002.
Lincoln Electric Holdings Net Income by Year
Lincoln Electric Holdings Net Income 2025: $520.53M
Lincoln Electric Holdings net income in 2025 was $520.53M, grew 11.7% from 2024.
Lincoln Electric Holdings Net Income 2024: $466.11M
2024's net income for Lincoln Electric Holdings came in at $466.11M, declined 14.5% below 2023.
Lincoln Electric Holdings Net Income 2023: $545.25M
Lincoln Electric Holdings posted net income of $545.25M in 2023, grew 15.5% from 2022. This figure represents the highest annual value in the available history.
Lincoln Electric Holdings Net Income 2022: $472.22M
In 2022, Lincoln Electric Holdings reported net income of $472.22M, surged 70.7% from 2021.
Lincoln Electric Holdings Net Income 2021: $276.58M
Lincoln Electric Holdings net income in 2021 was $276.58M.
See more financial history for Lincoln Electric Holdings (LECO).
Sector peers by Net Income
Industrials peers of Lincoln Electric Holdings (LECO), ranked by their latest net income
| $8.87B | |
| $8.70B | |
| $7.14B | |
| $6.73B | |
| $5.03B | |
| $4.09B | |
| $2.23B | |
| −$4.94B |
- $8.87B
- $8.70B
- $7.14B
- $6.73B
- $5.03B
- $4.09B
- $2.23B
- −$4.94B
Frequently asked questions
Lincoln Electric Holdings (LECO) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation