LECO (Lincoln Electric Holdings) EBITDA Margin %: 18.97% (As of Mar. 2026) — 15% Above Median


LECO Lincoln Electric Holdings Inc LECO
97 GF Score
Price $268.82
GF Value $236.84
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Lincoln Electric Holdings EBITDA Margin %?

Lincoln Electric Holdings LECO -0.07% 97 EBITDA Margin % is 18.97% as of Mar. 2026, which is 15% above its 10-year median of 16.55. GuruFocus rates LECO with a GF Score™ of 97/100 and a GF Value™ of $236.84 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,039 Industrial Products companies, Lincoln Electric Holdings ranks better than 83.71% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Lincoln Electric Holdings's EBITDA for the three months ended in Mar. 2026 was $213 Mil. Lincoln Electric Holdings's Revenue for the three months ended in Mar. 2026 was $1,121 Mil. Therefore, Lincoln Electric Holdings's EBITDA margin for the quarter that ended in Mar. 2026 was 18.97%.


Lincoln Electric Holdings  (NAS:LECO) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Lincoln Electric Holdings EBITDA Margin % Related Terms


Lincoln Electric Holdings EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Lincoln Electric Holdings's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lincoln Electric Holdings EBITDA Margin % Chart

Lincoln Electric Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.24 18.62 19.51 18.09 19.50

Lincoln Electric Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.83 20.27 19.26 19.60 18.97

LECO vs SWK, RBC, SNA: EBITDA Margin % Comparison

For the Tools & Accessories subindustry, Lincoln Electric Holdings's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lincoln Electric Holdings EBITDA Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Lincoln Electric Holdings's EBITDA Margin % falls into.


LECO
97GF Score
Lincoln Electric Holdings Inc LECO
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lincoln Electric Holdings EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Lincoln Electric Holdings's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=825.557/4233.003
=19.50 %

Lincoln Electric Holdings's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=212.737/1121.434
=18.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 18.97% mean?
Lincoln Electric Holdings (LECO) has a EBITDA Margin % of 18.97% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Lincoln Electric Holdings and its competitors. This is 15% above median its historical median of 16.55. Over the past decade, Lincoln Electric Holdings' EBITDA Margin % has ranged from 13.24 to 19.52. According to the industry distribution chart, Lincoln Electric Holdings ranks #495 out of 3039 companies in the Industrial Products industry, placing it in the top 16.3%.
Is Lincoln Electric Holdings' EBITDA Margin % too high?
Lincoln Electric Holdings' current EBITDA Margin % of 18.97% is 15% above median its 10-year median of 16.55. Over the past 10 years, this metric has ranged from a low of 13.24 to a high of 19.52. The Industrial Products industry median EBITDA Margin % is 9.46. Lincoln Electric Holdings' value of 18.97% is 100.5% above this industry median. Based on the distribution chart, Lincoln Electric Holdings ranks #495 out of 3039 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Lincoln Electric Holdings has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lincoln Electric Holdings' EBITDA Margin % compare to SWK and RBC?
According to the Industrial Products industry distribution chart, Lincoln Electric Holdings ranks #495 out of 3039 companies for EBITDA Margin %. This places Lincoln Electric Holdings in the top 16% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 9.46. Lincoln Electric Holdings' value of 18.97% is 100.5% above this benchmark. Historically, Lincoln Electric Holdings' own EBITDA Margin % has ranged from 13.24 to 19.52 over the past decade. While the company's 10-year median is 16.55 vs. the industry median of 9.46, Lincoln Electric Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Industrial Products company?
The median EBITDA Margin % among Industrial Products companies is 9.46, based on 3,039 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lincoln Electric Holdings's current EBITDA Margin % of 18.97% is 100.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Lincoln Electric Holdings and its competitors. For the Industrial Products industry, the median EBITDA Margin % is 9.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Electric Holdings's current EBITDA Margin % is 18.97%, which is 15% above median its own 10-year median of 16.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln Electric Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lincoln Electric Holdings (LECO) is currently considered Modestly Overvalued. The stock's GF Value™ is $236.84, compared to a current price of $268.82 — trading 13.5% above its estimated fair value. The current EBITDA Margin % is 18.97%, which is 15% above median its 10-year median of 16.55 and 100.5% above the Industrial Products industry median of 9.46. Lincoln Electric Holdings' overall GF Score™ is 97/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Lincoln Electric Holdings (LECO), the current EBITDA Margin % is 18.97% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lincoln Electric Holdings (LECO) Overvalued in 2026?

Based on GuruFocus' analysis, Lincoln Electric Holdings stock appears to be overvalued. The current stock price of $268.82 is trading 13.5% above its estimated GF Value™ of $236.84. GuruFocus considers Lincoln Electric Holdings to be Modestly Overvalued.

Key valuation signals for LECO:

  • EBITDA Margin %: 18.97% (15% above median its 10-year median of 16.55)
  • GF Value™: $236.84 vs. price of $268.82 (13.5% above fair value)
  • GF Score™: 97/100 with 4 warning signs
  • Industry Position: 100.5% above the Industrial Products median (#495 of 3039)

No single metric tells the full story. See the LECO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lincoln Electric Holdings Business Description

Other Exchanges LNE:Germany
Address 22801 Saint Clair Avenue, Cleveland, OH, USA, 44117
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. Its portfolio includes arc-welding solutions, plasma and oxy-fuel cutting systems, brazing and soldering alloys, and automation solutions. Lincoln Electric serves clients across general fabrication, heavy industries, automotive, construction, shipbuilding, energy, and process industries, among others. The company generated roughly $4.2 billion in sales in 2025.
97GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$268.82
Price
$236.84
GF Value