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Lincoln Electric HoldingsLECO -0.13%96 Equity-to-Asset is 0.41 as of Jun. 2026, which is 11% above its 10-year median of 0.37. GuruFocus rates LECO with a GF Score™ of 96/100 and a GF Value™ of $253.78 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 3,086 Industrial Products companies, Lincoln Electric Holdings ranks worse than 74.47% on this metric.
Lincoln Electric Holdings (NAS:LECO) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Lincoln Electric Holdings Equity-to-Asset Related Terms
Lincoln Electric Holdings Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Lincoln Electric Holdings's Equity-to-Asset falls into.
Lincoln Electric Holdings Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Lincoln Electric Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.41 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Lincoln Electric Holdings and its competitors. This is 11% above median its historical median of 0.37. Over the past decade, Lincoln Electric Holdings' Equity-to-Asset has ranged from 0.29 to 0.41. According to the industry distribution chart, Lincoln Electric Holdings ranks #2298 out of 3086 companies in the Industrial Products industry, placing it in the top 74.5%.
Is Lincoln Electric Holdings' Equity-to-Asset too high?
Lincoln Electric Holdings' current Equity-to-Asset of 0.41 is 11% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.41. The Industrial Products industry median Equity-to-Asset is 0.56. Lincoln Electric Holdings' value of 0.41 is 26.8% below this industry median. Based on the distribution chart, Lincoln Electric Holdings ranks #2298 out of 3086 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Lincoln Electric Holdings has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lincoln Electric Holdings' Equity-to-Asset compare to SWK and TKR?
According to the Industrial Products industry distribution chart, Lincoln Electric Holdings ranks #2298 out of 3086 companies for Equity-to-Asset. This places Lincoln Electric Holdings in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Lincoln Electric Holdings' value of 0.41 is 26.8% below this benchmark. Historically, Lincoln Electric Holdings' own Equity-to-Asset has ranged from 0.29 to 0.41 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.56, Lincoln Electric Holdings has consistently been below 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 Equity-to-Asset for an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,086 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lincoln Electric Holdings's current Equity-to-Asset of 0.41 is 26.8% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Lincoln Electric Holdings and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Electric Holdings's current Equity-to-Asset is 0.41, which is 11% above median its own 10-year median of 0.37. 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 $253.78, compared to a current price of $289.60 — trading 14.1% above its estimated fair value. The current Equity-to-Asset is 0.41, which is 11% above median its 10-year median of 0.37 and 26.8% below the Industrial Products industry median of 0.56. Lincoln Electric Holdings' overall GF Score™ is 96/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Lincoln Electric Holdings (LECO), the current Equity-to-Asset is 0.41 as of Jun. 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 $289.60 is trading 14.1% above its estimated GF Value™ of $253.78.
GuruFocus considers Lincoln Electric Holdings to be Modestly Overvalued.
Key valuation signals for LECO:
Equity-to-Asset: 0.41 (11% above median its 10-year median of 0.37)
GF Value™: $253.78 vs. price of $289.60 (14.1% above fair value)
Industry Position: 26.8% below the Industrial Products median (#2298 of 3086)
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.
96GF Score
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