LINCOLN ELECTRIC HOLDINGS INC

LECO · XNAS

CIK 59527fmd_1DNGAMV544Q3K9B5A7HWJZ86BZManufacturing · Metalworkg Machinery & EquipmentTemplate: Standard

Coverage: Jan 01, 2008 to Sep 30, 2026, 71 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	2,275	2,624	3,029	3,003	2,655	3,234	3,761	4,192	4,009	4,233
Cost of revenue	1,488	1,749	2,000	1,996	1,784	2,166	2,480	2,726	2,536	2,699
Net interest income	(17)	(19)	(18)	(23)	–	–	–	–	–	–
Gross profit	787	875	1,029	1,008	871	1,069	1,281	1,465	1,473	1,534
Research and development	45	48	54	57	51	56	63	71	82	86
Selling, general and administrative	469	541	628	621	544	597	657	759	781	798
Operating income	284	377	376	371	282	462	612	718	636	718
Interest expense	19	24	25	26	24	24	31	51	53	58
Interest and investment income	2	5	7	3	2	2	2	7	10	7
Other non-operating income (expense)	11	9	11	21	4	(114)	10	13	0	9
Income before taxes	277	366	369	368	264	325	593	687	594	675
Income tax expense	79	119	82	75	58	48	121	142	128	155
Net income from continuing operations	198	247	287	293	206	277	472	545	466	521
Net income	198	247	287	293	206	277	472	545	466	521
Net income to common shareholders	198	248	287	293	–	–	–	–	–	–