Lincoln Electric HoldingsLECO -1.76%97 Quick Ratio is 1.15 as of Mar. 2026, which is 4% below its 10-year median of 1.20. GuruFocus rates LECO with a GF Score™ of 97/100 and a GF Value™ of $236.95 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,079 Industrial Products companies, Lincoln Electric Holdings ranks worse than 61.58% on this metric.
Lincoln Electric Holdings has a quick ratio of 1.15. It generally indicates good short-term financial strength.
The historical rank and industry rank for Lincoln Electric Holdings's Quick Ratio or its related term are showing as below:
LECO'
s Quick Ratio Range Over the Past 10 Years
Min: 0.89 Med: 1.2 Max: 2.21
Current: 1.15
During the past 13 years, Lincoln Electric Holdings's highest Quick Ratio was 2.21. The lowest was 0.89. And the median was 1.20.
LECO's Quick Ratio is ranked worse than 61.58% of 3079
companies
in the Industrial Products industry
Industry Median: 1.39
vs LECO: 1.15
Lincoln Electric Holdings (NAS:LECO) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Lincoln Electric Holdings Quick Ratio Related Terms
Lincoln Electric Holdings Quick Ratio 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 Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Lincoln Electric Holdings's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Lincoln Electric Holdings's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
Lincoln Electric Holdings (LECO) has a Quick Ratio of 1.15 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lincoln Electric Holdings and its competitors. This is near median its historical median of 1.20. Over the past decade, Lincoln Electric Holdings' Quick Ratio has ranged from 0.89 to 2.21. According to the industry distribution chart, Lincoln Electric Holdings ranks #1896 out of 3079 companies in the Industrial Products industry, placing it in the top 61.6%.
Is Lincoln Electric Holdings' Quick Ratio too high?
Lincoln Electric Holdings' current Quick Ratio of 1.15 is near median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 2.21. The Industrial Products industry median Quick Ratio is 1.39. Lincoln Electric Holdings' value of 1.15 is 17.3% below this industry median. Based on the distribution chart, Lincoln Electric Holdings ranks #1896 out of 3079 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' Quick Ratio compare to SWK and RBC?
According to the Industrial Products industry distribution chart, Lincoln Electric Holdings ranks #1896 out of 3079 companies for Quick Ratio. This places Lincoln Electric Holdings in the lower half of its industry. The industry median Quick Ratio is 1.39. Lincoln Electric Holdings' value of 1.15 is 17.3% below this benchmark. Historically, Lincoln Electric Holdings' own Quick Ratio has ranged from 0.89 to 2.21 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.39, Lincoln Electric Holdings has consistently been below 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 Quick Ratio for an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,079 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lincoln Electric Holdings's current Quick Ratio of 1.15 is 17.3% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lincoln Electric Holdings and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Electric Holdings's current Quick Ratio is 1.15, which is near median its own 10-year median of 1.20. 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 $268.89 — trading 13.5% above its estimated fair value. The current Quick Ratio is 1.15, which is near median its 10-year median of 1.20 and 17.3% below the Industrial Products industry median of 1.39. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Lincoln Electric Holdings (LECO), the current Quick Ratio is 1.15 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 $268.89 is trading 13.5% above its estimated GF Value™ of $236.95.
GuruFocus considers Lincoln Electric Holdings to be Modestly Overvalued.
Key valuation signals for LECO:
Quick Ratio: 1.15 (near median its 10-year median of 1.20)
GF Value™: $236.95 vs. price of $268.89 (13.5% above fair value)
Industry Position: 17.3% below the Industrial Products median (#1896 of 3079)
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
Get the complete analysis for LECO
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LECO has been successfully added to your 
