Net Income for Lincoln Electric Holdings (LECO)
According to Lincoln Electric Holdings's latest reported financial statements, the company's current net income (TTM) is $520.53M USD. 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 .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$520.53M
YoY change
+11.7%
5Y CAGR
+20.4%
Peak year (2023)
$545.25M
Cumulative net income
$6.32B
Net Income history chart for Lincoln Electric Holdings (LECO) from 1994 to 2025
Net Income history table for Lincoln Electric Holdings (LECO) from 1994 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 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 (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
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 the latest reading among the more recent periods of the dataset.
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 (LECO) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $5.88B.
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
Lincoln Electric Holdings net income in 2024 was $466.11M, declined 14.5% below 2023.
Lincoln Electric Holdings Net Income 2023: $545.25M
Lincoln Electric Holdings net income in 2023 was $545.25M, grew 15.5% from 2022. This figure represents the highest annual value in the available history.
Lincoln Electric Holdings Net Income 2022: $472.22M
Lincoln Electric Holdings net income in 2022 was $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 — Net Income
Companies in the same sector as Lincoln Electric Holdings, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $8.87B | Industrials |
| GE Aerospace (GE) | $8.70B | Industrials |
| Union Pacific Corporation (UNP) | $7.14B | Industrials |
| RTX Corporation (RTX) | $6.73B | Industrials |
| Deere & Company (DE) | $5.03B | Industrials |
| Honeywell International Inc. (HON) | $4.73B | Industrials |
| Eaton Corporation plc (ETN) | $4.09B | Industrials |
| The Boeing Company (BA) | $2.23B | Industrials |
Frequently asked questions
What is Lincoln Electric Holdings's net income?
- Latest reported net income for Lincoln Electric Holdings (LECO) is $520.53M (period ending December 31, 2025).
How has Lincoln Electric Holdings net income changed year-over-year?
- Lincoln Electric Holdings (LECO) net income changed +11.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Lincoln Electric Holdings net income?
- Lincoln Electric Holdings (LECO) net income compound annual growth rate is +20.4% over the most recent 5 years available.
When did Lincoln Electric Holdings net income hit its highest annual value?
- Lincoln Electric Holdings net income reached its highest annual value of $545.25M in 2023.
What was Lincoln Electric Holdings net income in 2024?
- Lincoln Electric Holdings (LECO) net income in 2024 was $466.11M.
What was Lincoln Electric Holdings net income in 2025?
- Lincoln Electric Holdings (LECO) net income in 2025 was $520.53M.
Metrics overview
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