Lincoln Electric HoldingsLECO -0.07%97 EV-to-FCF is 35.91 as of Jun. 24, 2026, which is 48% above its 10-year median of 24.25. 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 1,736 Industrial Products companies, Lincoln Electric Holdings ranks worse than 60.66% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Lincoln Electric Holdings's Enterprise Value is $15,745 Mil.
Lincoln Electric Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $438 Mil. Therefore, Lincoln Electric Holdings's EV-to-FCF for today is 35.91.
The historical rank and industry rank for Lincoln Electric Holdings's EV-to-FCF or its related term are showing as below:
LECO'
s EV-to-FCF Range Over the Past 10 Years
Min: 13.63 Med: 24.25 Max: 37.03
Current: 35.91
During the past 13 years, the highest EV-to-FCF of Lincoln Electric Holdings was 37.03. The lowest was 13.63. And the median was 24.25.
LECO's EV-to-FCF is ranked worse than 60.66% of 1736
companies
in the Industrial Products industry
Industry Median: 26.825
vs LECO: 35.91
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 (NAS:LECO) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $268.82.
Lincoln Electric Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.690.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Lincoln Electric Holdings EV-to-FCF Related Terms
Lincoln Electric Holdings EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Lincoln Electric Holdings's EV-to-FCF falls into.
Lincoln Electric Holdings's current Enterprise Value is $15,745 Mil.
Lincoln Electric Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $438 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-FCF of 35.91 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Lincoln Electric Holdings and its competitors. This is 48% above median its historical median of 24.25. Over the past decade, Lincoln Electric Holdings' EV-to-FCF has ranged from 13.63 to 37.03. According to the industry distribution chart, Lincoln Electric Holdings ranks #1053 out of 1736 companies in the Industrial Products industry, placing it in the top 60.7%.
Is Lincoln Electric Holdings' EV-to-FCF too high?
Lincoln Electric Holdings' current EV-to-FCF of 35.91 is 48% above median its 10-year median of 24.25. Over the past 10 years, this metric has ranged from a low of 13.63 to a high of 37.03. The Industrial Products industry median EV-to-FCF is 26.83. Lincoln Electric Holdings' value of 35.91 is 33.9% above this industry median. Based on the distribution chart, Lincoln Electric Holdings ranks #1053 out of 1736 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 Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lincoln Electric Holdings' EV-to-FCF compare to SWK and RBC?
According to the Industrial Products industry distribution chart, Lincoln Electric Holdings ranks #1053 out of 1736 companies for EV-to-FCF. This places Lincoln Electric Holdings in the lower half of its industry. The industry median EV-to-FCF is 26.83. Lincoln Electric Holdings' value of 35.91 is 33.9% above this benchmark. Historically, Lincoln Electric Holdings' own EV-to-FCF has ranged from 13.63 to 37.03 over the past decade. While the company's 10-year median is 24.25 vs. the industry median of 26.83, 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-FCF for an Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 26.83, based on 1,736 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lincoln Electric Holdings's current EV-to-FCF of 35.91 is 33.9% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Lincoln Electric Holdings and its competitors. For the Industrial Products industry, the median EV-to-FCF is 26.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Electric Holdings's current EV-to-FCF is 35.91, which is 48% above median its own 10-year median of 24.25. 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 EV-to-FCF is 35.91, which is 48% above median its 10-year median of 24.25 and 33.9% above the Industrial Products industry median of 26.83. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Lincoln Electric Holdings (LECO), the current EV-to-FCF is 35.91 as of Jun. 24, 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:
EV-to-FCF: 35.91 (48% above median its 10-year median of 24.25)
GF Value™: $236.84 vs. price of $268.82 (13.5% above fair value)
Industry Position: 33.9% above the Industrial Products median (#1053 of 1736)
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.
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