LECO (Lincoln Electric Holdings) Moat Score: 7/10 (As of Jun. 30, 2026)


LECO Lincoln Electric Holdings Inc LECO
97 GF Score
Price $264.15
GF Value $236.95
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Lincoln Electric Holdings Moat Score?

Lincoln Electric Holdings LECO -0.87% 97 Moat Score is 7 as of Jun. 30, 2026. GuruFocus rates LECO with a GF Score™ of 97/100 and a GF Value™ of $236.95 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 3,041 Industrial Products companies, Lincoln Electric Holdings ranks better than 99.9% on this metric.

Lincoln Electric Holdings has the Moat Score of 7, which implies that the company might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Lincoln Electric Holdings has Wide Moat: Lincoln Electric has a leading position in welding products, supported by strong brand strength, economies of scale, and a superior distribution network. Its innovation and R&D capabilities further enhance its durable competitive advantages, justifying a wide moat classification.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Lincoln Electric Holdings might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Lincoln Electric Holdings  (NAS:LECO) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Lincoln Electric Holdings Moat Score Related Terms

LECO vs SWK, TKR, RBC: Moat Score Comparison

For the Tools & Accessories subindustry, Lincoln Electric Holdings's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's Moat Score distribution charts can be found below:

* The bar in red indicates where Lincoln Electric Holdings's Moat Score falls into.


LECO
97GF Score
Lincoln Electric Holdings Inc LECO
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 7 mean?
Lincoln Electric Holdings (LECO) has a Moat Score of 7 as of Jun. 30, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Lincoln Electric Holdings ranks #3 out of 3041 companies in the Industrial Products industry, placing it in the top 0.099999999999994%.
Is Lincoln Electric Holdings' Moat Score too high?
Lincoln Electric Holdings' current Moat Score is 7. Based on the distribution chart, Lincoln Electric Holdings ranks #3 out of 3041 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' Moat Score compare to SWK and TKR?
According to the Industrial Products industry distribution chart, Lincoln Electric Holdings ranks #3 out of 3041 companies for Moat Score. This places Lincoln Electric Holdings in the top 0% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Industrial Products company?
A good Moat Score depends on the Industrial Products industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Lincoln Electric Holdings's current Moat Score is 7. 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 $236.95, compared to a current price of $264.15 — trading 11.5% above its estimated fair value. The current Moat Score is 7. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Lincoln Electric Holdings (LECO), the current Moat Score is 7 as of Jun. 30, 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 $264.15 is trading 11.5% above its estimated GF Value™ of $236.95. GuruFocus considers Lincoln Electric Holdings to be Modestly Overvalued.

Key valuation signals for LECO:

  • Moat Score: 7
  • GF Value™: $236.95 vs. price of $264.15 (11.5% above fair value)
  • GF Score™: 97/100 with 2 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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$264.15
Price
$236.95
GF Value