LECO (Lincoln Electric Holdings) ROE % Adjusted to Book Value: 4.05% (As of Mar. 2026)


LECO Lincoln Electric Holdings Inc LECO
97 GF Score
Price $266.47
GF Value $236.95
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Lincoln Electric Holdings ROE % Adjusted to Book Value?

Lincoln Electric Holdings LECO -2.62% 97 ROE % Adjusted to Book Value is 4.05% as of Mar. 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.

Lincoln Electric Holdings's ROE % for the quarter that ended in Mar. 2026 was 36.60%. Lincoln Electric Holdings's PB Ratio for the quarter that ended in Mar. 2026 was 9.03. Lincoln Electric Holdings's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 4.05%.


Lincoln Electric Holdings ROE % Adjusted to Book Value Related Terms


Lincoln Electric Holdings ROE % Adjusted to Book Value Historical Data

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The historical data trend for Lincoln Electric Holdings's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Lincoln Electric Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.53 6.18 4.91 4.45 4.16

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
ROE % Adjusted to Book Value 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 4.51 5.09 3.83 4.22 4.05

LECO vs SWK, RBC, SNA: ROE % Adjusted to Book Value Comparison

For the Tools & Accessories subindustry, Lincoln Electric Holdings's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Lincoln Electric Holdings's ROE % Adjusted to Book Value falls into.


LECO
97GF Score
Lincoln Electric Holdings Inc LECO
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Lincoln Electric Holdings ROE % Adjusted to Book Value Calculation

Lincoln Electric Holdings's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=37.22% / 8.94
=4.16%

Lincoln Electric Holdings's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=36.60% / 9.03
=4.05%

* 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.

What does a ROE % Adjusted to Book Value of 4.05% mean?
Lincoln Electric Holdings (LECO) has a ROE % Adjusted to Book Value of 4.05% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Lincoln Electric Holdings and its competitors.
Is Lincoln Electric Holdings' ROE % Adjusted to Book Value too high?
Lincoln Electric Holdings' current ROE % Adjusted to Book Value is 4.05%. 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' ROE % Adjusted to Book Value compare to SWK and RBC?
Lincoln Electric Holdings' ROE % Adjusted to Book Value of 4.05% 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 ROE % Adjusted to Book Value for an Industrial Products company?
A good ROE % Adjusted to Book Value depends on the Industrial Products industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Lincoln Electric Holdings and its competitors. Lincoln Electric Holdings's current ROE % Adjusted to Book Value is 4.05%. 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 $266.47 — trading 12.5% above its estimated fair value. The current ROE % Adjusted to Book Value is 4.05%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Lincoln Electric Holdings (LECO), the current ROE % Adjusted to Book Value is 4.05% 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 $266.47 is trading 12.5% above its estimated GF Value™ of $236.95. GuruFocus considers Lincoln Electric Holdings to be Modestly Overvalued.

Key valuation signals for LECO:

  • ROE % Adjusted to Book Value: 4.05%
  • GF Value™: $236.95 vs. price of $266.47 (12.5% 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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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$266.47
Price
$236.95
GF Value