TTM
$744.20M
YoY change
+12.3%
5Y CAGR
+20.4%
Peak year (2023)
$717.85M
Cumulative operating income
$9.14B
Operating Income history chart for Lincoln Electric Holdings (LECO) from 1994 to 2025
Latest: $714.95M
Operating Income growth chart for Lincoln Electric Holdings (LECO) from 1994 to 2025
Latest: +12.3%
Operating Income history table for Lincoln Electric Holdings (LECO) from 1994 to 2025
| 2025 | $714.95M | +12.3% | +$78.49M | ||
| 2024 | $636.46M | -11.3% | −$81.39M | ||
| 2023 | $717.85M | +17.2% | +$105.51M | ||
| 2022 | $612.34M | +32.6% | +$150.67M | ||
| 2021 | $461.67M | +63.7% | +$179.60M | ||
| 2020 | $282.07M | -24.0% | −$88.84M | ||
| 2019 | $370.91M | -1.2% | −$4.63M | ||
| 2018 | $375.54M | -0.6% | −$2.17M | ||
| 2017 | $377.71M | +31.0% | +$89.44M | ||
| 2016 | $288.27M | +58.7% | +$106.57M | ||
| 2015 | $181.70M | -51.4% | −$192.05M | ||
| 2014 | $373.75M | -8.2% | −$33.24M | ||
| 2013 | $406.99M | +12.4% | +$44.90M | ||
| 2012 | $362.08M | +22.0% | +$65.40M | ||
| 2011 | $296.68M | +59.1% | +$110.25M | ||
| 2010 | $186.43M | +100.5% | +$93.45M | ||
| 2009 | $92.98M | -68.5% | −$202.43M | ||
| 2008 | $295.40M | +6.4% | +$17.77M | ||
| 2007 | $277.63M | +19.2% | +$44.66M | ||
| 2006 | $232.97M | +55.5% | +$83.13M | ||
| 2005 | $149.84M | +45.1% | +$46.54M | ||
| 2004 | $103.30M | +51.4% | +$35.08M | ||
| 2003 | $68.22M | -25.5% | −$23.30M | ||
| 2002 | $91.52M | -21.9% | −$25.64M | ||
| 2001 | $117.17M | -15.6% | −$21.72M | ||
| 2000 | $138.88M | -6.2% | −$9.12M | ||
| 1999 | $148.00M | +0.4% | +$600.00K | ||
| 1998 | $147.40M | +9.3% | +$12.50M | ||
| 1997 | $134.90M | +20.1% | +$22.60M | ||
| 1996 | $112.30M | +4.0% | +$4.30M | ||
| 1995 | $108.00M | +21.8% | +$19.30M | ||
| 1994 | $88.70M | — | — |
- 2025$714.95M+12.3%
- 2024$636.46M-11.3%
- 2023$717.85M+17.2%
- 2022$612.34M+32.6%
- 2021$461.67M+63.7%
- 2020$282.07M-24.0%
- 2019$370.91M-1.2%
- 2018$375.54M-0.6%
- 2017$377.71M+31.0%
- 2016$288.27M+58.7%
- 2015$181.70M-51.4%
- 2014$373.75M-8.2%
- 2013$406.99M+12.4%
- 2012$362.08M+22.0%
- 2011$296.68M+59.1%
- 2010$186.43M+100.5%
- 2009$92.98M-68.5%
- 2008$295.40M+6.4%
- 2007$277.63M+19.2%
- 2006$232.97M+55.5%
- 2005$149.84M+45.1%
- 2004$103.30M+51.4%
- 2003$68.22M-25.5%
- 2002$91.52M-21.9%
- 2001$117.17M-15.6%
- 2000$138.88M-6.2%
- 1999$148.00M+0.4%
- 1998$147.40M+9.3%
- 1997$134.90M+20.1%
- 1996$112.30M+4.0%
- 1995$108.00M+21.8%
- 1994$88.70M—
Operating 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 Operating Income at Lincoln Electric Holdings (LECO)
According to Lincoln Electric Holdings's latest reported financial statements, the company's current operating income (TTM) is $744.20M. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Lincoln Electric Holdings (LECO) reported operating income of $714.95M – grew 12.3% year-over-year.
Over 2020–2025 (5 years), Lincoln Electric Holdings operating income expanded at a +20.4% compound annual rate, with mixed annual results across the window.
2023 marks the peak operating income at $717.85M, with the historical low of $68.22M recorded in 2003.
Lincoln Electric Holdings Operating Income by Year
Lincoln Electric Holdings Operating Income 2025: $714.95M
Lincoln Electric Holdings operating income in 2025 was $714.95M, grew 12.3% from 2024.
Lincoln Electric Holdings Operating Income 2024: $636.46M
2024's operating income for Lincoln Electric Holdings came in at $636.46M, declined 11.3% below 2023.
Lincoln Electric Holdings Operating Income 2023: $717.85M
Lincoln Electric Holdings posted operating income of $717.85M in 2023, grew 17.2% from 2022. This figure represents the highest annual value in the available history.
Lincoln Electric Holdings Operating Income 2022: $612.34M
In 2022, Lincoln Electric Holdings reported operating income of $612.34M, surged 32.6% from 2021.
Lincoln Electric Holdings Operating Income 2021: $461.67M
Lincoln Electric Holdings operating income in 2021 was $461.67M.
See more financial history for Lincoln Electric Holdings (LECO).
Sector peers by Operating Income
Industrials peers of Lincoln Electric Holdings (LECO), ranked by their latest operating income
| $11.21B | |
| $9.84B | |
| $9.30B | |
| $8.77B | |
| $8.42B | |
| $5.23B | |
| −$2.59B | |
| −$5.42B |
- $11.21B
- $9.84B
- $9.30B
- $8.77B
- $8.42B
- $5.23B
- −$2.59B
- −$5.42B
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