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Lincoln Electric HoldingsLECO +4.45%97 EV-to-EBIT is 19.61 as of Aug. 01, 2026, which is 5% above its 10-year median of 18.65. GuruFocus rates LECO with a GF Score™ of 97/100 and a GF Value™ of $248.66 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,378 Industrial Products companies, Lincoln Electric Holdings ranks worse than 51.22% on this metric.
Lincoln Electric Holdings (NAS:LECO) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Lincoln Electric Holdings's Enterprise Value for the quarter that ended in Jun. 2026 was $15,452 Mil.
Lincoln Electric Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $773 Mil.
* 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 EV-to-EBIT Related Terms
Lincoln Electric Holdings EV-to-EBIT Historical Data
* 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.
For the Tools & Accessories subindustry, Lincoln Electric Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Lincoln Electric Holdings's EV-to-EBIT falls into.
Lincoln Electric Holdings's current Enterprise Value is $15,148 Mil.
Lincoln Electric Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $773 Mil.
* 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 (LECO) has a EV-to-EBIT of 19.61 as of Aug. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Lincoln Electric Holdings and its competitors. This is near median its historical median of 18.65. Over the past decade, Lincoln Electric Holdings' EV-to-EBIT has ranged from 11.60 to 38.00. According to the industry distribution chart, Lincoln Electric Holdings ranks #1218 out of 2378 companies in the Industrial Products industry, placing it in the top 51.2%.
Is Lincoln Electric Holdings' EV-to-EBIT too high?
Lincoln Electric Holdings' current EV-to-EBIT of 19.61 is near median its 10-year median of 18.65. Over the past 10 years, this metric has ranged from a low of 11.60 to a high of 38.00. The Industrial Products industry median EV-to-EBIT is 18.94. Lincoln Electric Holdings' value of 19.61 is 3.6% above this industry median. Based on the distribution chart, Lincoln Electric Holdings ranks #1218 out of 2378 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Lincoln Electric Holdings has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lincoln Electric Holdings' EV-to-EBIT compare to SWK and TKR?
According to the Industrial Products industry distribution chart, Lincoln Electric Holdings ranks #1218 out of 2378 companies for EV-to-EBIT. This places Lincoln Electric Holdings in the lower half of its industry. The industry median EV-to-EBIT is 18.94. Lincoln Electric Holdings' value of 19.61 is 3.6% above this benchmark. Historically, Lincoln Electric Holdings' own EV-to-EBIT has ranged from 11.60 to 38.00 over the past decade. While the company's 10-year median is 18.65 vs. the industry median of 18.94, 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 EV-to-EBIT for an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 18.94, based on 2,378 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lincoln Electric Holdings's current EV-to-EBIT of 19.61 is 3.6% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Lincoln Electric Holdings and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 18.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Electric Holdings's current EV-to-EBIT is 19.61, which is near median its own 10-year median of 18.65. 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 Fairly Valued. The stock's GF Value™ is $248.66, compared to a current price of $261.31 — trading 5.1% above its estimated fair value. The current EV-to-EBIT is 19.61, which is near median its 10-year median of 18.65 and 3.6% above the Industrial Products industry median of 18.94. Lincoln Electric Holdings' overall GF Score™ is 97/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Lincoln Electric Holdings (LECO), the current EV-to-EBIT is 19.61 as of Aug. 01, 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 $261.31 is trading 5.1% above its estimated GF Value™ of $248.66.
GuruFocus considers Lincoln Electric Holdings to be Fairly Valued.
Key valuation signals for LECO:
EV-to-EBIT: 19.61 (near median its 10-year median of 18.65)
GF Value™: $248.66 vs. price of $261.31 (5.1% above fair value)
Industry Position: 3.6% above the Industrial Products median (#1218 of 2378)
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 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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