LECO (Lincoln Electric Holdings) Total Inventories: $694 Mil (As of Mar. 2026)


LECO Lincoln Electric Holdings Inc LECO
97 GF Score
Price $268.82
GF Value $236.84
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Lincoln Electric Holdings Total Inventories?

Lincoln Electric Holdings LECO -0.07% 97 Total Inventories is $694 Mil as of Mar. 2026. 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.

Lincoln Electric Holdings's total inventories for the quarter that ended in Mar. 2026 was $694 Mil. Lincoln Electric Holdings's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $664 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lincoln Electric Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-23.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lincoln Electric Holdings's Days Inventory for the three months ended in Mar. 2026 was 83.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lincoln Electric Holdings's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.09.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Lincoln Electric Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.59.

Lincoln Electric Holdings  (NAS:LECO) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Lincoln Electric Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(298.903+0.75 * 598.315+0.5 * 693.938-2389.135
-0-0)/54.787
=-23.63

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Lincoln Electric Holdings's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=663.651/722.302*365 / 4
=83.84

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Lincoln Electric Holdings's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=722.302 / 663.651
=1.09

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Lincoln Electric Holdings's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=663.651 / 1121.434
=0.59

* 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.

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Lincoln Electric Holdings Total Inventories Related Terms

Lincoln Electric Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for Lincoln Electric Holdings's Total Inventories can be seen below:

* 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 Total Inventories Chart

Lincoln Electric Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 539.92 665.45 562.86 544.04 633.36

Lincoln Electric Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 574.33 621.44 671.52 633.36 693.94
LECO
97GF Score
Lincoln Electric Holdings Inc LECO
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Lincoln Electric Holdings Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $694 Mil mean?
Lincoln Electric Holdings (LECO) has a Total Inventories of $694 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Lincoln Electric Holdings and its competitors.
Is Lincoln Electric Holdings' Total Inventories too high?
Lincoln Electric Holdings' current Total Inventories is $694 Mil. 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' Total Inventories compare to SWK and RBC?
Lincoln Electric Holdings' Total Inventories of $694 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Industrial Products company?
A good Total Inventories depends on the Industrial Products industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Lincoln Electric Holdings and its competitors. Lincoln Electric Holdings's current Total Inventories is $694 Mil. 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 Total Inventories is $694 Mil. 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 Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Lincoln Electric Holdings (LECO), the current Total Inventories is $694 Mil 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:

  • Total Inventories: $694 Mil
  • GF Value™: $236.84 vs. price of $268.82 (13.5% above fair value)
  • GF Score™: 97/100 with 4 warning signs

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 Holdings Business Description

Other Exchanges LNE:Germany
Address 22801 Saint Clair Avenue, Cleveland, OH, USA, 44117
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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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$268.82
Price
$236.84
GF Value