Lincoln Electric Holdings (FRA:LNE) Tax Rate % : 22.15% (As of Mar. 2024)

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What is Lincoln Electric Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lincoln Electric Holdings's Tax Expense for the three months ended in Mar. 2024 was €32 Mil. Lincoln Electric Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was €146 Mil. Therefore, Lincoln Electric Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was 22.15%.

Lincoln Electric Holdings Tax Rate % Historical Data

The historical data trend for Lincoln Electric Holdings's Tax Rate % 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.

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Lincoln Electric Holdings Tax Rate % Chart

Lincoln Electric Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.46

21.93

14.90

20.34

20.62

Lincoln Electric Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															21.51	20.65	19.88	20.50	22.15

Lincoln Electric Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Lincoln Electric Holdings's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	129.864	/	629.856
	=	20.62 %

Lincoln Electric Holdings's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	32.306	/	145.848
	=	22.15 %

Lincoln Electric Holdings Tax Rate % Related Terms

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Lincoln Electric Holdings (FRA:LNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lincoln Electric Holdings Inc (FRA:LNE) » Definitions » Tax Rate %

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Traded in Other Exchanges

LECO:USA LNE:Germany

Address

22801 Street Clair Avenue, Cleveland, OH, USA, 44117

Website

https://www.lincolnelectric.com

Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. The firm's portfolio of products includes arc-welding solutions, plasma and oxy-fuel cutting systems, and brazing and soldering alloys, as well as automation solutions. Lincoln Electric serves clients in the general fabrication, heavy industries, automotive, construction, shipbuilding, energy and process industries, among other end markets. Based in Cleveland, Ohio, Lincoln Electric has operations in 19 countries and has 11,000 employees worldwide. The company generated roughly $3.8 billion in sales in 2022.

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