Lincoln Historical Financial Ratios

LECO Stock

USD 213.82 0.01 0%

Lincoln Electric is lately reporting on over 111 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Free Cash Flow Yield of 0.0576 will help investors to properly organize and evaluate Lincoln Electric Holdings financial condition quickly.

Quick Ratio Current Ratio

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lincoln Electric Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

About Lincoln Financial Ratios Analysis

Lincoln Electric HoldingsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Lincoln Electric investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Lincoln financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Lincoln Electric history.

Lincoln Electric Financial Ratios Chart

At this time, Lincoln Electric's Free Cash Flow Per Share is very stable compared to the past year. As of the 18th of February 2025, Net Income Per Share is likely to grow to 8.64, while Stock Based Compensation To Revenue is likely to drop 0.

Price To Sales Ratio Dividend Yield Ptb Ratio Free Cash Flow Yield Cash Flow Coverage Ratios

Add Fundamental

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Lincoln Electric Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Lincoln Electric sales, a figure that is much harder to manipulate than other Lincoln Electric Holdings multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Lincoln Electric Holdings dividend as a percentage of Lincoln Electric stock price. Lincoln Electric Holdings dividend yield is a measure of Lincoln Electric stock productivity, which can be interpreted as interest rate earned on an Lincoln Electric investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most ratios from Lincoln Electric's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Lincoln Electric Holdings current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lincoln Electric Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

	2022	2023	2024 (projected)
Dividend Yield	0.0156	0.0119	0.0153
Price To Sales Ratio	2.23	2.98	2.65

Dividend Yield Price To Sales Ratio

Lincoln Electric fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Free Cash Flow Yield	Operating Cash Flow Per Share	Capex To Depreciation	Pb Ratio	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Payables Turnover	Capex To Revenue	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Income Quality	Roe	Pe Ratio	Return On Tangible Assets	Earnings Yield	Intangibles To Total Assets	Current Ratio	Receivables Turnover
Price To Sales Ratio		-0.39	0.9	-0.6	0.83	-0.13	0.9	0.85	0.38	-0.13	0.74	-0.36	-0.31	0.65	-0.24	0.23	-0.55	0.6	-0.01	0.59	0.56	0.64	-0.69	0.84	-0.11	-0.34
Dividend Yield	-0.39		-0.12	0.54	-0.17	-0.13	-0.12	-0.18	-0.6	-0.02	-0.26	0.24	0.12	-0.52	-0.54	0.47	0.26	-0.44	0.49	-0.06	-0.09	-0.4	0.24	-0.1	0.05	0.15
Ptb Ratio	0.9	-0.12		-0.57	0.81	-0.14	1.0	0.82	0.35	-0.37	0.75	-0.48	-0.24	0.62	-0.52	0.31	-0.4	0.6	-0.03	0.78	0.51	0.57	-0.54	0.9	-0.35	-0.41
Free Cash Flow Yield	-0.6	0.54	-0.57		-0.28	0.22	-0.57	-0.29	-0.45	0.11	-0.42	0.48	0.44	-0.93	0.04	-0.03	0.4	-0.94	0.53	-0.4	-0.39	-0.34	0.53	-0.44	0.26	0.38
Operating Cash Flow Per Share	0.83	-0.17	0.81	-0.28		0.27	0.81	1.0	0.45	-0.33	0.92	-0.08	-0.01	0.3	-0.33	0.02	-0.27	0.35	-0.02	0.74	0.19	0.83	-0.33	0.84	-0.03	-0.46
Capex To Depreciation	-0.13	-0.13	-0.14	0.22	0.27		-0.14	0.2	0.13	-0.48	0.32	0.45	0.85	-0.45	0.1	-0.67	0.69	-0.09	-0.22	0.21	-0.65	0.39	0.63	-0.12	0.27	-0.52
Pb Ratio	0.9	-0.12	1.0	-0.57	0.81	-0.14		0.82	0.35	-0.37	0.75	-0.48	-0.24	0.62	-0.52	0.31	-0.4	0.6	-0.03	0.78	0.51	0.57	-0.54	0.9	-0.35	-0.41
Free Cash Flow Per Share	0.85	-0.18	0.82	-0.29	1.0	0.2	0.82		0.46	-0.28	0.91	-0.11	-0.07	0.32	-0.33	0.06	-0.33	0.34	0.0	0.73	0.24	0.82	-0.38	0.85	-0.05	-0.41
Roic	0.38	-0.6	0.35	-0.45	0.45	0.13	0.35	0.46		-0.13	0.63	-0.45	-0.26	0.51	0.13	-0.41	-0.4	0.31	-0.66	0.58	-0.09	0.71	-0.15	0.47	-0.35	-0.16
Inventory Turnover	-0.13	-0.02	-0.37	0.11	-0.33	-0.48	-0.37	-0.28	-0.13		-0.45	0.15	-0.51	-0.01	0.27	0.36	-0.54	-0.34	0.31	-0.61	0.33	-0.34	-0.48	-0.27	0.43	0.73
Net Income Per Share	0.74	-0.26	0.75	-0.42	0.92	0.32	0.75	0.91	0.63	-0.45		-0.17	-0.04	0.4	-0.23	-0.2	-0.2	0.5	-0.33	0.86	-0.02	0.94	-0.18	0.83	-0.13	-0.58
Payables Turnover	-0.36	0.24	-0.48	0.48	-0.08	0.45	-0.48	-0.11	-0.45	0.15	-0.17		0.39	-0.6	0.17	-0.1	0.45	-0.35	0.35	-0.45	-0.31	-0.11	0.34	-0.38	0.6	0.09
Capex To Revenue	-0.31	0.12	-0.24	0.44	-0.01	0.85	-0.24	-0.07	-0.26	-0.51	-0.04	0.39		-0.67	-0.01	-0.49	0.88	-0.28	0.04	0.02	-0.58	-0.01	0.75	-0.32	0.19	-0.41
Pocfratio	0.65	-0.52	0.62	-0.93	0.3	-0.45	0.62	0.32	0.51	-0.01	0.4	-0.6	-0.67		-0.07	0.21	-0.65	0.83	-0.39	0.38	0.58	0.31	-0.7	0.54	-0.37	-0.16
Interest Coverage	-0.24	-0.54	-0.52	0.04	-0.33	0.1	-0.52	-0.33	0.13	0.27	-0.23	0.17	-0.01	-0.07		-0.51	0.01	-0.08	-0.31	-0.44	-0.29	0.02	0.15	-0.39	0.23	0.12
Payout Ratio	0.23	0.47	0.31	-0.03	0.02	-0.67	0.31	0.06	-0.41	0.36	-0.2	-0.1	-0.49	0.21	-0.51		-0.5	-0.04	0.72	-0.16	0.83	-0.41	-0.67	0.26	-0.09	0.44
Capex To Operating Cash Flow	-0.55	0.26	-0.4	0.4	-0.27	0.69	-0.4	-0.33	-0.4	-0.54	-0.2	0.45	0.88	-0.65	0.01	-0.5		-0.18	-0.08	-0.08	-0.71	-0.18	0.89	-0.49	0.13	-0.4
Pfcf Ratio	0.6	-0.44	0.6	-0.94	0.35	-0.09	0.6	0.34	0.31	-0.34	0.5	-0.35	-0.28	0.83	-0.08	-0.04	-0.18		-0.5	0.47	0.27	0.4	-0.38	0.47	-0.26	-0.55
Income Quality	-0.01	0.49	-0.03	0.53	-0.02	-0.22	-0.03	0.0	-0.66	0.31	-0.33	0.35	0.04	-0.39	-0.31	0.72	-0.08	-0.5		-0.41	0.49	-0.44	-0.27	-0.01	0.19	0.5
Roe	0.59	-0.06	0.78	-0.4	0.74	0.21	0.78	0.73	0.58	-0.61	0.86	-0.45	0.02	0.38	-0.44	-0.16	-0.08	0.47	-0.41		-0.08	0.77	-0.03	0.8	-0.4	-0.58
Pe Ratio	0.56	-0.09	0.51	-0.39	0.19	-0.65	0.51	0.24	-0.09	0.33	-0.02	-0.31	-0.58	0.58	-0.29	0.83	-0.71	0.27	0.49	-0.08		-0.19	-0.9	0.4	-0.17	0.33
Return On Tangible Assets	0.64	-0.4	0.57	-0.34	0.83	0.39	0.57	0.82	0.71	-0.34	0.94	-0.11	-0.01	0.31	0.02	-0.41	-0.18	0.4	-0.44	0.77	-0.19		-0.09	0.73	-0.08	-0.48
Earnings Yield	-0.69	0.24	-0.54	0.53	-0.33	0.63	-0.54	-0.38	-0.15	-0.48	-0.18	0.34	0.75	-0.7	0.15	-0.67	0.89	-0.38	-0.27	-0.03	-0.9	-0.09		-0.52	0.06	-0.29
Intangibles To Total Assets	0.84	-0.1	0.9	-0.44	0.84	-0.12	0.9	0.85	0.47	-0.27	0.83	-0.38	-0.32	0.54	-0.39	0.26	-0.49	0.47	-0.01	0.8	0.4	0.73	-0.52		-0.36	-0.23
Current Ratio	-0.11	0.05	-0.35	0.26	-0.03	0.27	-0.35	-0.05	-0.35	0.43	-0.13	0.6	0.19	-0.37	0.23	-0.09	0.13	-0.26	0.19	-0.4	-0.17	-0.08	0.06	-0.36		-0.05
Receivables Turnover	-0.34	0.15	-0.41	0.38	-0.46	-0.52	-0.41	-0.41	-0.16	0.73	-0.58	0.09	-0.41	-0.16	0.12	0.44	-0.4	-0.55	0.5	-0.58	0.33	-0.48	-0.29	-0.23	-0.05

Click cells to compare fundamentals

Lincoln Electric Account Relationship Matchups

Lincoln Electric fundamentals Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Price To Sales Ratio	2.61	2.56	2.23	2.98	2.65	2.78
Ptb Ratio	8.77	9.57	8.11	9.53	8.58	9.01
Free Cash Flow Yield	0.0557	0.0421	0.0366	0.0372	0.0462	0.0576
Operating Cash Flow Per Share	5.89	6.16	6.61	11.64	10.58	11.1
Stock Based Compensation To Revenue	0.005795	0.007355	0.006718	0.006258	0.005632	0.003313
Capex To Depreciation	0.98	0.85	0.74	0.92	1.32	1.29
Pb Ratio	8.77	9.57	8.11	9.53	8.58	9.01
Free Cash Flow Per Share	4.9	5.1	5.37	10.05	8.52	8.94
Inventory Turnover	4.68	4.01	3.73	4.82	4.34	3.66
Net Income Per Share	3.46	4.66	8.14	9.51	8.23	8.64
Payables Turnover	7.89	6.56	7.05	8.34	9.59	10.79
Research And Ddevelopement To Revenue	0.0194	0.0173	0.0168	0.017	0.0153	0.0138
Capex To Revenue	0.0223	0.0193	0.0191	0.0217	0.0291	0.0342
Pocfratio	19.73	22.66	21.87	18.69	17.73	11.33
Interest Coverage	12.84	16.07	20.76	16.18	14.88	14.13
Pfcf Ratio	23.73	27.34	26.92	21.64	22.01	23.11
Income Quality	1.7	1.32	0.81	1.22	1.29	1.63
Pe Ratio	33.63	29.91	17.76	22.88	22.78	15.41
Earnings Yield	0.0297	0.0334	0.0563	0.0437	0.0439	0.0677
Current Ratio	2.02	1.71	1.83	2.24	2.58	2.63
Receivables Turnover	7.11	7.54	6.95	7.22	6.5	5.75
Capex Per Share	0.99	1.05	1.24	1.59	2.06	2.16
Revenue Per Share	44.53	54.53	64.81	73.07	70.78	74.31
Days Sales Outstanding	51.34	48.42	52.55	50.56	58.15	56.5
Book Value Per Share	13.25	14.57	17.82	22.82	20.53	21.56
Ev To Sales	2.78	2.74	2.5	3.16	2.84	2.99
Days Of Inventory On Hand	78.0	91.0	97.92	75.7	87.06	90.51
Cash Per Share	4.31	3.25	3.4	6.86	6.18	6.49
Days Payables Outstanding	46.26	55.66	51.81	43.77	39.39	30.93
Ev To Operating Cash Flow	21.04	24.24	24.5	19.83	17.85	11.39

Pair Trading with Lincoln Electric

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lincoln Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lincoln Electric will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lincoln Stock

0.63	CVR	Chicago Rivet Machine	Pair Corr
0.66	EML	Eastern	Pair Corr
0.77	KMT	Kennametal	Pair Corr
0.82	SNA	Snap On	Pair Corr

Moving against Lincoln Stock

0.64	BA	Boeing	Pair Corr
0.57	B	Barnes Group	Pair Corr
0.41	AP	Ampco Pittsburgh	Pair Corr

The ability to find closely correlated positions to Lincoln Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lincoln Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lincoln Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lincoln Electric Holdings to buy it.

The correlation of Lincoln Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lincoln Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lincoln Electric Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Lincoln Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Lincoln Electric Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lincoln Electric's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lincoln Electric Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lincoln Electric Holdings Stock:

How To Invest In Lincoln

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Is Lincoln Stock a good investment?

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What is Lincoln Electric's Net Worth?

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You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lincoln Electric. If investors know Lincoln will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lincoln Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.09)

Dividend Share

2.88

Earnings Share

8.15

Revenue Per Share

70.776

Quarterly Revenue Growth

(0.03)

The market value of Lincoln Electric Holdings is measured differently than its book value, which is the value of Lincoln that is recorded on the company's balance sheet. Investors also form their own opinion of Lincoln Electric's value that differs from its market value or its book value, called intrinsic value, which is Lincoln Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lincoln Electric's market value can be influenced by many factors that don't directly affect Lincoln Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Lincoln Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lincoln Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lincoln Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Free Cash Flow Yield
Operating Cash Flow Per Share	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Free Cash Flow Per Share	Roic
Inventory Turnover	Net Income Per Share
Payables Turnover	Sales General And Administrative To Revenue
Research And Ddevelopement To Revenue	Capex To Revenue
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Income Quality
Roe	Pe Ratio
Return On Tangible Assets	Earnings Yield
Intangibles To Total Assets	Current Ratio
Receivables Turnover	Debt To Equity
Capex Per Share	Revenue Per Share
Debt To Assets	Days Sales Outstanding
Book Value Per Share	Invested Capital
Average Payables	Ev To Sales
Days Of Inventory On Hand	Average Inventory
Cash Per Share	Days Payables Outstanding
Net Current Asset Value	Tangible Asset Value
Ev To Operating Cash Flow	Ev To Free Cash Flow
Net Debt To E B I T D A	Tangible Book Value Per Share
Graham Number	Shareholders Equity Per Share
Graham Net Net	Average Receivables
Interest Debt Per Share	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Price Book Value Ratio	Price Earnings To Growth Ratio
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Operating Cash Flow Sales Ratio
Free Cash Flow Operating Cash Flow Ratio	Cash Flow Coverage Ratios
Price To Book Ratio	Fixed Asset Turnover
Capital Expenditure Coverage Ratio	Price Cash Flow Ratio
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity	Operating Cycle
Days Of Payables Outstanding	Cash Conversion Cycle
Days Of Inventory Outstanding	Days Of Sales Outstanding
Enterprise Value Multiple

Lincoln Historical Financial Ratios

About Lincoln Financial Ratios Analysis

Lincoln Electric Financial Ratios Chart

Price To Sales Ratio

Dividend Yield

Ptb Ratio

Free Cash Flow Yield

Lincoln Electric fundamentals Correlations

Lincoln Electric Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lincoln Electric fundamentals Accounts

Pair Trading with Lincoln Electric

Moving together with Lincoln Stock

Moving against Lincoln Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Pb Ratio	+ 1.0	Ptb Ratio
Free Cash Flow Per Share	+ 1.0	Operating Cash Flow Per Share
Return On Tangible Assets	+ 0.94	Net Income Per Share
Net Income Per Share	+ 0.92	Operating Cash Flow Per Share
Net Income Per Share	+ 0.91	Free Cash Flow Per Share
Ptb Ratio	+ 0.9	Price To Sales Ratio

Pfcf Ratio	- 0.94	Free Cash Flow Yield
Pocfratio	- 0.93	Free Cash Flow Yield
Earnings Yield	- 0.9	Pe Ratio
Pe Ratio	- 0.71	Capex To Operating Cash Flow
Earnings Yield	- 0.7	Pocfratio
Earnings Yield	- 0.69	Price To Sales Ratio