Lincoln Electric Holdings (LECO) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +10.7% | +8.2% | -12.9% | +6.4% | -2.5% | +3.0% | -7.2% | — | — | — | — | — |
| 2025 | +6.0% | +4.0% | -8.1% | -6.9% | +9.9% | +7.5% | +17.5% | -0.4% | -2.5% | -0.6% | +2.1% | +0.4% |
| 2024 | +2.2% | +15.5% | -0.2% | -14.1% | -10.6% | -3.6% | +8.9% | -5.7% | -0.5% | +0.3% | +13.5% | -13.9% |
| 2023 | +15.5% | +0.6% | +1.1% | -0.8% | +1.1% | +17.5% | +1.0% | -4.1% | -5.2% | -3.8% | +13.3% | +10.2% |
| 2022 | -8.3% | -0.3% | +8.6% | -2.2% | +0.8% | -8.8% | +14.7% | -3.4% | -7.6% | +12.9% | +4.1% | -1.9% |
| 2021 | -1.5% | +3.2% | +4.5% | +4.2% | +0.4% | +2.8% | +5.9% | +0.1% | -7.4% | +10.6% | -5.2% | +3.8% |
| 2020 | -7.8% | -8.2% | -15.1% | +16.7% | +2.1% | +3.1% | +7.3% | +7.0% | -4.3% | +10.6% | +12.9% | +1.5% |
| 2019 | +9.6% | -0.0% | -2.4% | +4.1% | -13.0% | +9.0% | +2.7% | -2.3% | +5.7% | +3.2% | +3.0% | +5.4% |
| 2018 | +6.5% | -10.3% | +3.2% | -7.9% | +8.1% | -1.6% | +7.0% | +0.2% | -0.4% | -13.4% | +6.2% | -7.7% |
| 2017 | +8.7% | +1.0% | +3.6% | +2.5% | +0.4% | +3.4% | -5.2% | -0.5% | +6.0% | -0.0% | -0.6% | +0.9% |
| 2016 | +2.6% | +2.5% | +7.9% | +7.0% | -4.0% | -1.3% | +5.0% | +2.4% | -1.0% | +5.1% | +19.3% | -1.9% |
| 2015 | -1.7% | +1.7% | -4.9% | +2.3% | +0.5% | -9.0% | -0.6% | -3.1% | -10.1% | +14.1% | -5.6% | -7.5% |
| 2014 | -3.0% | +8.3% | -3.6% | -7.2% | -1.7% | +6.7% | -4.9% | +7.0% | -2.4% | +4.8% | -0.6% | -3.7% |
| 2013 | +10.8% | +3.9% | -3.0% | -2.6% | +13.3% | -3.9% | +3.1% | +5.9% | +6.9% | +3.9% | +3.2% | +0.1% |
| 2012 | +9.8% | +7.5% | -1.4% | +8.1% | -2.9% | -7.6% | -8.9% | +3.4% | -4.9% | +11.1% | +9.5% | +2.9% |
| 2011 | +3.7% | +5.4% | +6.8% | +3.5% | -5.0% | -3.5% | -4.5% | -0.6% | -14.3% | +25.5% | +8.4% | -0.5% |
| 2010 | -8.6% | -2.3% | +14.5% | +10.4% | -6.9% | -8.1% | +8.3% | -10.3% | +17.3% | +3.4% | +3.2% | +6.4% |
| 2009 | -19.2% | -25.3% | +3.9% | +40.5% | -8.4% | -11.0% | +17.6% | +7.4% | +4.8% | -0.1% | +8.4% | +4.5% |
| 2008 | -13.4% | +8.9% | -3.6% | +18.3% | +8.1% | -4.3% | +2.1% | +0.5% | -20.1% | -32.9% | +5.9% | +12.1% |
| 2007 | +0.6% | +2.7% | -4.2% | +7.1% | +10.2% | +5.9% | -3.0% | -0.1% | +8.2% | -6.9% | -3.4% | +2.4% |
| 2006 | +12.2% | +3.7% | +17.4% | +1.5% | +0.3% | +14.4% | -8.4% | -4.0% | -0.7% | +12.9% | -1.1% | -0.3% |
| 2005 | -6.9% | -1.7% | -4.2% | +1.6% | +7.2% | +1.8% | +10.5% | +2.8% | +5.0% | +0.4% | +3.2% | -2.4% |
| 2004 | +0.0% | +5.7% | +8.3% | +12.1% | -1.7% | +10.5% | -0.3% | -11.6% | +4.9% | +6.4% | +7.5% | -3.3% |
| 2003 | -4.0% | -10.5% | -8.3% | +5.9% | +10.5% | -2.7% | +11.5% | +0.0% | -1.7% | +9.8% | +3.8% | -1.8% |
| 2002 | +4.1% | +2.1% | +10.5% | -0.7% | -1.4% | -3.4% | -14.1% | +5.2% | -8.3% | +6.3% | +6.8% | -7.2% |
| 2001 | -6.1% | +12.6% | +4.4% | -5.2% | +17.1% | +7.5% | -6.2% | -6.0% | -1.4% | -3.9% | +3.9% | +11.9% |
| 2000 | -5.2% | -0.3% | +25.1% | -21.3% | -21.9% | -3.1% | +6.0% | -3.2% | -8.9% | +29.0% | +2.5% | +13.0% |
| 1999 | -5.2% | -2.9% | -8.0% | +10.7% | +8.6% | -7.9% | -7.6% | +6.9% | +3.5% | +7.2% | -9.1% | +2.1% |
| 1998 | -5.8% | +3.3% | +20.9% | +3.4% | -4.9% | -0.5% | +0.6% | -21.4% | +33.5% | -5.7% | +7.1% | -4.1% |
| 1997 | +2.8% | +7.7% | +0.8% | +5.5% | +1.5% | -10.1% | +14.5% | -3.9% | +9.6% | -10.3% | +0.0% | +4.0% |
| 1996 | +2.0% | +0.9% | +2.3% | +3.1% | +2.7% | +27.6% | -11.9% | -0.9% | -1.9% | -7.5% | +15.3% | +2.9% |
| 1995 | -2.8% | +13.8% | +19.1% | +13.7% | +3.6% | -46.0% | +3.1% | -8.3% | -7.5% | -10.0% | +0.0% | +2.7% |
| 1994 | — | — | — | — | +46.7% | -7.9% | +22.0% | +11.0% | +2.1% | +9.9% | +1.7% | -6.7% |
| Avg | +0.3% | +1.9% | +2.6% | +3.7% | +2.1% | -0.7% | +2.9% | -0.9% | -0.1% | +2.9% | +4.4% | +0.8% |
| Median | +0.3% | +2.6% | +1.7% | +3.5% | +0.5% | -1.6% | +2.9% | -0.4% | -1.2% | +3.6% | +3.5% | +0.7% |
| Last 5Y Avg | +5.2% | +5.6% | -2.3% | -3.5% | -0.2% | +3.1% | +9.6% | -2.7% | -4.6% | +3.9% | +5.6% | -0.3% |
| Std Dev (σ) | 8.0% | 7.8% | 9.6% | 10.7% | 11.3% | 11.9% | 9.0% | 6.5% | 9.7% | 11.6% | 6.3% | 6.1% |
| Consistency (μ/σ) | 0.03 | 0.24 | 0.27 | 0.35 | 0.18 | -0.06 | 0.32 | -0.14 | -0.01 | 0.25 | 0.69 | 0.12 |
| Win Rate (%) | 50% | 69% | 56% | 69% | 61% | 42% | 63% | 41% | 38% | 63% | 72% | 56% |
| Winning / Losing Months | ▲16▼16 | ▲22▼10 | ▲18▼14 | ▲22▼10 | ▲20▼13 | ▲14▼19 | ▲20▼12 | ▲13▼19 | ▲12▼20 | ▲20▼12 | ▲23▼9 | ▲18▼14 |
| Longest Win / Loss Streak | ▲4▼4 | ▲7▼3 | ▲4▼4 | ▲10▼4 | ▲4▼4 | ▲4▼6 | ▲8▼2 | ▲3▼4 | ▲3▼6 | ▲7▼4 | ▲6▼2 | ▲4▼5 |
| Best | +15.5%in January 2023 | +15.5%in February 2024 | +25.1%in March 2000 | +40.5%in April 2009 | +46.7%in May 1994 | +27.6%in June 1996 | +22.0%in July 1994 | +11.0%in August 1994 | +33.5%in September 1998 | +29.0%in October 2000 | +19.3%in November 2016 | +13.0%in December 2000 |
| Worst | -19.2%in January 2009 | -25.3%in February 2009 | -15.1%in March 2020 | -21.3%in April 2000 | -21.9%in May 2000 | -46.0%in June 1995 | -14.1%in July 2002 | -21.4%in August 1998 | -20.1%in September 2008 | -32.9%in October 2008 | -9.1%in November 1999 | -13.9%in December 2024 |
−46.0%+46.7%
2026
Jan+10.7%
Feb+8.2%
Mar-12.9%
Apr+6.4%
May-2.5%
Jun+3.0%
Jul-7.2%
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+6.0%
Feb+4.0%
Mar-8.1%
Apr-6.9%
May+9.9%
Jun+7.5%
Jul+17.5%
Aug-0.4%
Sep-2.5%
Oct-0.6%
Nov+2.1%
Dec+0.4%
2024
Jan+2.2%
Feb+15.5%
Mar-0.2%
Apr-14.1%
May-10.6%
Jun-3.6%
Jul+8.9%
Aug-5.7%
Sep-0.5%
Oct+0.3%
Nov+13.5%
Dec-13.9%
2023
Jan+15.5%
Feb+0.6%
Mar+1.1%
Apr-0.8%
May+1.1%
Jun+17.5%
Jul+1.0%
Aug-4.1%
Sep-5.2%
Oct-3.8%
Nov+13.3%
Dec+10.2%
2022
Jan-8.3%
Feb-0.3%
Mar+8.6%
Apr-2.2%
May+0.8%
Jun-8.8%
Jul+14.7%
Aug-3.4%
Sep-7.6%
Oct+12.9%
Nov+4.1%
Dec-1.9%
2021
Jan-1.5%
Feb+3.2%
Mar+4.5%
Apr+4.2%
May+0.4%
Jun+2.8%
Jul+5.9%
Aug+0.1%
Sep-7.4%
Oct+10.6%
Nov-5.2%
Dec+3.8%
2020
Jan-7.8%
Feb-8.2%
Mar-15.1%
Apr+16.7%
May+2.1%
Jun+3.1%
Jul+7.3%
Aug+7.0%
Sep-4.3%
Oct+10.6%
Nov+12.9%
Dec+1.5%
2019
Jan+9.6%
Feb-0.0%
Mar-2.4%
Apr+4.1%
May-13.0%
Jun+9.0%
Jul+2.7%
Aug-2.3%
Sep+5.7%
Oct+3.2%
Nov+3.0%
Dec+5.4%
2018
Jan+6.5%
Feb-10.3%
Mar+3.2%
Apr-7.9%
May+8.1%
Jun-1.6%
Jul+7.0%
Aug+0.2%
Sep-0.4%
Oct-13.4%
Nov+6.2%
Dec-7.7%
2017
Jan+8.7%
Feb+1.0%
Mar+3.6%
Apr+2.5%
May+0.4%
Jun+3.4%
Jul-5.2%
Aug-0.5%
Sep+6.0%
Oct-0.0%
Nov-0.6%
Dec+0.9%
2016
Jan+2.6%
Feb+2.5%
Mar+7.9%
Apr+7.0%
May-4.0%
Jun-1.3%
Jul+5.0%
Aug+2.4%
Sep-1.0%
Oct+5.1%
Nov+19.3%
Dec-1.9%
2015
Jan-1.7%
Feb+1.7%
Mar-4.9%
Apr+2.3%
May+0.5%
Jun-9.0%
Jul-0.6%
Aug-3.1%
Sep-10.1%
Oct+14.1%
Nov-5.6%
Dec-7.5%
2014
Jan-3.0%
Feb+8.3%
Mar-3.6%
Apr-7.2%
May-1.7%
Jun+6.7%
Jul-4.9%
Aug+7.0%
Sep-2.4%
Oct+4.8%
Nov-0.6%
Dec-3.7%
2013
Jan+10.8%
Feb+3.9%
Mar-3.0%
Apr-2.6%
May+13.3%
Jun-3.9%
Jul+3.1%
Aug+5.9%
Sep+6.9%
Oct+3.9%
Nov+3.2%
Dec+0.1%
2012
Jan+9.8%
Feb+7.5%
Mar-1.4%
Apr+8.1%
May-2.9%
Jun-7.6%
Jul-8.9%
Aug+3.4%
Sep-4.9%
Oct+11.1%
Nov+9.5%
Dec+2.9%
2011
Jan+3.7%
Feb+5.4%
Mar+6.8%
Apr+3.5%
May-5.0%
Jun-3.5%
Jul-4.5%
Aug-0.6%
Sep-14.3%
Oct+25.5%
Nov+8.4%
Dec-0.5%
2010
Jan-8.6%
Feb-2.3%
Mar+14.5%
Apr+10.4%
May-6.9%
Jun-8.1%
Jul+8.3%
Aug-10.3%
Sep+17.3%
Oct+3.4%
Nov+3.2%
Dec+6.4%
2009
Jan-19.2%
Feb-25.3%
Mar+3.9%
Apr+40.5%
May-8.4%
Jun-11.0%
Jul+17.6%
Aug+7.4%
Sep+4.8%
Oct-0.1%
Nov+8.4%
Dec+4.5%
2008
Jan-13.4%
Feb+8.9%
Mar-3.6%
Apr+18.3%
May+8.1%
Jun-4.3%
Jul+2.1%
Aug+0.5%
Sep-20.1%
Oct-32.9%
Nov+5.9%
Dec+12.1%
2007
Jan+0.6%
Feb+2.7%
Mar-4.2%
Apr+7.1%
May+10.2%
Jun+5.9%
Jul-3.0%
Aug-0.1%
Sep+8.2%
Oct-6.9%
Nov-3.4%
Dec+2.4%
2006
Jan+12.2%
Feb+3.7%
Mar+17.4%
Apr+1.5%
May+0.3%
Jun+14.4%
Jul-8.4%
Aug-4.0%
Sep-0.7%
Oct+12.9%
Nov-1.1%
Dec-0.3%
2005
Jan-6.9%
Feb-1.7%
Mar-4.2%
Apr+1.6%
May+7.2%
Jun+1.8%
Jul+10.5%
Aug+2.8%
Sep+5.0%
Oct+0.4%
Nov+3.2%
Dec-2.4%
2004
Jan+0.0%
Feb+5.7%
Mar+8.3%
Apr+12.1%
May-1.7%
Jun+10.5%
Jul-0.3%
Aug-11.6%
Sep+4.9%
Oct+6.4%
Nov+7.5%
Dec-3.3%
2003
Jan-4.0%
Feb-10.5%
Mar-8.3%
Apr+5.9%
May+10.5%
Jun-2.7%
Jul+11.5%
Aug+0.0%
Sep-1.7%
Oct+9.8%
Nov+3.8%
Dec-1.8%
2002
Jan+4.1%
Feb+2.1%
Mar+10.5%
Apr-0.7%
May-1.4%
Jun-3.4%
Jul-14.1%
Aug+5.2%
Sep-8.3%
Oct+6.3%
Nov+6.8%
Dec-7.2%
2001
Jan-6.1%
Feb+12.6%
Mar+4.4%
Apr-5.2%
May+17.1%
Jun+7.5%
Jul-6.2%
Aug-6.0%
Sep-1.4%
Oct-3.9%
Nov+3.9%
Dec+11.9%
2000
Jan-5.2%
Feb-0.3%
Mar+25.1%
Apr-21.3%
May-21.9%
Jun-3.1%
Jul+6.0%
Aug-3.2%
Sep-8.9%
Oct+29.0%
Nov+2.5%
Dec+13.0%
1999
Jan-5.2%
Feb-2.9%
Mar-8.0%
Apr+10.7%
May+8.6%
Jun-7.9%
Jul-7.6%
Aug+6.9%
Sep+3.5%
Oct+7.2%
Nov-9.1%
Dec+2.1%
1998
Jan-5.8%
Feb+3.3%
Mar+20.9%
Apr+3.4%
May-4.9%
Jun-0.5%
Jul+0.6%
Aug-21.4%
Sep+33.5%
Oct-5.7%
Nov+7.1%
Dec-4.1%
1997
Jan+2.8%
Feb+7.7%
Mar+0.8%
Apr+5.5%
May+1.5%
Jun-10.1%
Jul+14.5%
Aug-3.9%
Sep+9.6%
Oct-10.3%
Nov+0.0%
Dec+4.0%
1996
Jan+2.0%
Feb+0.9%
Mar+2.3%
Apr+3.1%
May+2.7%
Jun+27.6%
Jul-11.9%
Aug-0.9%
Sep-1.9%
Oct-7.5%
Nov+15.3%
Dec+2.9%
1995
Jan-2.8%
Feb+13.8%
Mar+19.1%
Apr+13.7%
May+3.6%
Jun-46.0%
Jul+3.1%
Aug-8.3%
Sep-7.5%
Oct-10.0%
Nov+0.0%
Dec+2.7%
1994
Jan—
Feb—
Mar—
Apr—
May+46.7%
Jun-7.9%
Jul+22.0%
Aug+11.0%
Sep+2.1%
Oct+9.9%
Nov+1.7%
Dec-6.7%
Avg
Jan+0.3%
Feb+1.9%
Mar+2.6%
Apr+3.7%
May+2.1%
Jun-0.7%
Jul+2.9%
Aug-0.9%
Sep-0.1%
Oct+2.9%
Nov+4.4%
Dec+0.8%
Median
Jan+0.3%
Feb+2.6%
Mar+1.7%
Apr+3.5%
May+0.5%
Jun-1.6%
Jul+2.9%
Aug-0.4%
Sep-1.2%
Oct+3.6%
Nov+3.5%
Dec+0.7%
Last 5Y Avg
Jan+5.2%
Feb+5.6%
Mar-2.3%
Apr-3.5%
May-0.2%
Jun+3.1%
Jul+9.6%
Aug-2.7%
Sep-4.6%
Oct+3.9%
Nov+5.6%
Dec-0.3%
Std Dev (σ)
Jan8.0%
Feb7.8%
Mar9.6%
Apr10.7%
May11.3%
Jun11.9%
Jul9.0%
Aug6.5%
Sep9.7%
Oct11.6%
Nov6.3%
Dec6.1%
Consistency (μ/σ)
Jan0.03
Feb0.24
Mar0.27
Apr0.35
May0.18
Jun-0.06
Jul0.32
Aug-0.14
Sep-0.01
Oct0.25
Nov0.69
Dec0.12
Win Rate (%)
Jan50%
Feb69%
Mar56%
Apr69%
May61%
Jun42%
Jul63%
Aug41%
Sep38%
Oct63%
Nov72%
Dec56%
Winning / Losing Months
Jan▲16▼16
Feb▲22▼10
Mar▲18▼14
Apr▲22▼10
May▲20▼13
Jun▲14▼19
Jul▲20▼12
Aug▲13▼19
Sep▲12▼20
Oct▲20▼12
Nov▲23▼9
Dec▲18▼14
Longest Win / Loss Streak
Jan▲4▼4
Feb▲7▼3
Mar▲4▼4
Apr▲10▼4
May▲4▼4
Jun▲4▼6
Jul▲8▼2
Aug▲3▼4
Sep▲3▼6
Oct▲7▼4
Nov▲6▼2
Dec▲4▼5
Best
Jan+15.5%2023
Feb+15.5%2024
Mar+25.1%2000
Apr+40.5%2009
May+46.7%1994
Jun+27.6%1996
Jul+22.0%1994
Aug+11.0%1994
Sep+33.5%1998
Oct+29.0%2000
Nov+19.3%2016
Dec+13.0%2000
Worst
Jan-19.2%2009
Feb-25.3%2009
Mar-15.1%2020
Apr-21.3%2000
May-21.9%2000
Jun-46.0%1995
Jul-14.1%2002
Aug-21.4%1998
Sep-20.1%2008
Oct-32.9%2008
Nov-9.1%1999
Dec-13.9%2024
−46.0%+46.7%
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