LECO (Lincoln Electric Holdings) Net Income: $554 Mil (TTM As of Jun. 2026)

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LECO Lincoln Electric Holdings Inc LECO
97 GF Score
Price $267.84
GF Value $249.04
Valuation Fairly Valued
! 2 Warning Signs
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What is Lincoln Electric Holdings Net Income?

Lincoln Electric Holdings LECO +2.48% 97 Net Income is $554 Mil as of Jun. 2026. GuruFocus rates LECO with a GF Score™ of 97/100 and a GF Value™ of $249.04 (Fairly Valued). The stock has 2 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Lincoln Electric Holdings's Net Income for the three months ended in Jun. 2026 was $159 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was $554 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Lincoln Electric Holdings's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was $2.88.


Lincoln Electric Holdings  (NAS:LECO) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Lincoln Electric Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2026 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Lincoln Electric Holdings Net Income Related Terms


Lincoln Electric Holdings Net Income Historical Data

* Premium members only.

The historical data trend for Lincoln Electric Holdings's Net Income 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 Net Income Chart

Lincoln Electric Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 276.58 472.22 545.25 466.11 520.53

Lincoln Electric Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Income 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 143.40 122.63 136.02 136.38 158.52
LECO
97GF Score
Lincoln Electric Holdings Inc LECO
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Lincoln Electric Holdings Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Lincoln Electric Holdings's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=675.45+-154.917+0+0
=521

Lincoln Electric Holdings's Net Income for the quarter that ended in Jun. 2026 is calculated as

Net Income(Q: Jun. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=207.882+-49.363+0+0
=159

Net Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $554 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $554 Mil mean?
Lincoln Electric Holdings (LECO) has a Net Income of $554 Mil as of Jun. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Lincoln Electric Holdings and its competitors.
Is Lincoln Electric Holdings' Net Income too high?
Lincoln Electric Holdings' current Net Income is $554 Mil. Overall, Lincoln Electric Holdings has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lincoln Electric Holdings' Net Income compare to SWK and TKR?
Lincoln Electric Holdings' Net Income of $554 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 Net Income for an Industrial Products company?
A good Net Income depends on the Industrial Products industry context. However, Net Income 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 Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Lincoln Electric Holdings and its competitors. Lincoln Electric Holdings's current Net Income is $554 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 Fairly Valued. The stock's GF Value™ is $249.04, compared to a current price of $267.84 — trading 7.5% above its estimated fair value. The current Net Income is $554 Mil. 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 Net Income calculated?
Net Income is calculated from a company's financial statements. For Lincoln Electric Holdings (LECO), the current Net Income is $554 Mil 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 $267.84 is trading 7.5% above its estimated GF Value™ of $249.04. GuruFocus considers Lincoln Electric Holdings to be Fairly Valued.

Key valuation signals for LECO:

  • Net Income: $554 Mil
  • GF Value™: $249.04 vs. price of $267.84 (7.5% 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

Get the complete analysis for LECO

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$267.84
Price
$249.04
GF Value