Lincoln Electric HoldingsLECO -0.07%97 FCF Margin % is 5.62% as of Mar. 2026, which is 49% below its 10-year median of 11.06. 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 3,036 Industrial Products companies, Lincoln Electric Holdings ranks better than 79.31% on this metric.
* 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 FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Lincoln Electric Holdings's FCF Margin % falls into.
* 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 FCF Margin % of 5.62% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Lincoln Electric Holdings and its competitors. This is 49% below median its historical median of 11.06. Over the past decade, Lincoln Electric Holdings' FCF Margin % has ranged from 8.28 to 13.75. According to the industry distribution chart, Lincoln Electric Holdings ranks #628 out of 3036 companies in the Industrial Products industry, placing it in the top 20.7%.
Is Lincoln Electric Holdings' FCF Margin % too high?
Lincoln Electric Holdings' current FCF Margin % of 5.62% is 49% below median its 10-year median of 11.06. Over the past 10 years, this metric has ranged from a low of 8.28 to a high of 13.75. The Industrial Products industry median FCF Margin % is 1.57. Lincoln Electric Holdings' value of 5.62% is 259.1% above this industry median. Based on the distribution chart, Lincoln Electric Holdings ranks #628 out of 3036 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' FCF Margin % compare to SWK and RBC?
According to the Industrial Products industry distribution chart, Lincoln Electric Holdings ranks #628 out of 3036 companies for FCF Margin %. This places Lincoln Electric Holdings in the top 21% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 1.57. Lincoln Electric Holdings' value of 5.62% is 259.1% above this benchmark. Historically, Lincoln Electric Holdings' own FCF Margin % has ranged from 8.28 to 13.75 over the past decade. While the company's 10-year median is 11.06 vs. the industry median of 1.57, 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 FCF Margin % for an Industrial Products company?
The median FCF Margin % among Industrial Products companies is 1.57, based on 3,036 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lincoln Electric Holdings's current FCF Margin % of 5.62% is 259.1% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Lincoln Electric Holdings and its competitors. For the Industrial Products industry, the median FCF Margin % is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Electric Holdings's current FCF Margin % is 5.62%, which is 49% below median its own 10-year median of 11.06. 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 FCF Margin % is 5.62%, which is 49% below median its 10-year median of 11.06 and 259.1% above the Industrial Products industry median of 1.57. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Lincoln Electric Holdings (LECO), the current FCF Margin % is 5.62% 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:
FCF Margin %: 5.62% (49% below median its 10-year median of 11.06)
GF Value™: $236.84 vs. price of $268.82 (13.5% above fair value)
Industry Position: 259.1% above the Industrial Products median (#628 of 3036)
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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