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Lincoln Electric HoldingsLECO +4.45%97 EV-to-EBITDA is 17.31 as of Aug. 02, 2026, which is 8% above its 10-year median of 15.99. 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 2,479 Industrial Products companies, Lincoln Electric Holdings ranks worse than 54.01% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Lincoln Electric Holdings's enterprise value is $15,148 Mil.
Lincoln Electric Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $875 Mil. Therefore, Lincoln Electric Holdings's EV-to-EBITDA for today is 17.31.
The historical rank and industry rank for Lincoln Electric Holdings's EV-to-EBITDA or its related term are showing as below:
LECO'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.61 Med: 15.99 Max: 25.08
Current: 17.31
During the past 13 years, the highest EV-to-EBITDA of Lincoln Electric Holdings was 25.08. The lowest was 9.61. And the median was 15.99.
LECO's EV-to-EBITDA is ranked worse than 54.01% of 2479
companies
in the Industrial Products industry
Industry Median: 15.44
vs LECO: 17.31
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Lincoln Electric Holdings (NAS:LECO) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Lincoln Electric Holdings's PE Ratio (TTM) for today is calculated as:
Lincoln Electric Holdings's share price for today is $261.31.
Lincoln Electric Holdings's Earnings per Share (Diluted) 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 $10.010.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Lincoln Electric Holdings's EV-to-EBITDA falls into.
Lincoln Electric Holdings's current Enterprise Value is $15,148 Mil.
Lincoln Electric Holdings's EBITDA 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 $875 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-EBITDA of 17.31 as of Aug. 02, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Lincoln Electric Holdings. This is near median its historical median of 15.99. Over the past decade, Lincoln Electric Holdings' EV-to-EBITDA has ranged from 9.61 to 25.08. According to the industry distribution chart, Lincoln Electric Holdings ranks #1339 out of 2479 companies in the Industrial Products industry, placing it in the top 54%.
Is Lincoln Electric Holdings' EV-to-EBITDA too high?
Lincoln Electric Holdings' current EV-to-EBITDA of 17.31 is near median its 10-year median of 15.99. Over the past 10 years, this metric has ranged from a low of 9.61 to a high of 25.08. The Industrial Products industry median EV-to-EBITDA is 15.44. Lincoln Electric Holdings' value of 17.31 is 12.1% above this industry median. Based on the distribution chart, Lincoln Electric Holdings ranks #1339 out of 2479 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-EBITDA compare to SWK and TKR?
According to the Industrial Products industry distribution chart, Lincoln Electric Holdings ranks #1339 out of 2479 companies for EV-to-EBITDA. This places Lincoln Electric Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 15.44. Lincoln Electric Holdings' value of 17.31 is 12.1% above this benchmark. Historically, Lincoln Electric Holdings' own EV-to-EBITDA has ranged from 9.61 to 25.08 over the past decade. While the company's 10-year median is 15.99 vs. the industry median of 15.44, 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-EBITDA for an Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 15.44, based on 2,479 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lincoln Electric Holdings's current EV-to-EBITDA of 17.31 is 12.1% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Lincoln Electric Holdings. For the Industrial Products industry, the median EV-to-EBITDA is 15.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Electric Holdings's current EV-to-EBITDA is 17.31, which is near median its own 10-year median of 15.99. 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-EBITDA is 17.31, which is near median its 10-year median of 15.99 and 12.1% above the Industrial Products industry median of 15.44. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Lincoln Electric Holdings (LECO), the current EV-to-EBITDA is 17.31 as of Aug. 02, 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-EBITDA: 17.31 (near median its 10-year median of 15.99)
GF Value™: $248.66 vs. price of $261.31 (5.1% above fair value)
Industry Position: 12.1% above the Industrial Products median (#1339 of 2479)
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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