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Lincoln Electric Holdings, Inc.

Lincoln Electric Holdings, Inc.

NASDAQ•LECO
CEO: Mr. Steven B. Hedlund
セクター: Industrials
業種: Manufacturing - Tools & Accessories
上場日: 1994-04-07
Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, and education solutions, as well as a portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business in the United States. In addition, the company manufactures copper and aluminum headers, distributor assemblies, and manifolds for the heating, ventilation, and air conditioning sector in the United States and Mexico; provides specialty welding consumables, wear plates and maintenance and repair services for alloy and wear-resistant products used in mining, steel, agricultural, and industrial mill applications; and designs and manufactures robotic assembly and arc welding systems that automate the tacking and welding of steel beams. Further, the company serves general fabrication, oil and gas, power generation, process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. It sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. The company was founded in 1895 and is headquartered in Cleveland, Ohio.
連絡先情報
22801 St. Clair Avenue, Cleveland, OH, 44117, United States
216-481-8100
www.lincolnelectric.com
時価総額
$16.30B
PER (TTM)
31.0
33.6
配当利回り
1.0%
52週高値
$310.00
52週安値
$161.11
52週レンジ
91%
順位27Top 14.4%
5.4
F-Score
改良版 Piotroski 分析
10年ファンダメンタル
堅調 • 5.4 / 9 ポイント
スコアレンジ (0-9)
8-9: 価値が優れている
6-7: 基礎体質が強い
4-5: 全体的に堅調
0-3: パフォーマンスが弱い
データ期間: 2016-2025

財務ダッシュボード

Q3 2025 データ

売上高

$1.06B+7.88%
直近4四半期の推移

EPS

$2.23+25.28%
直近4四半期の推移

フリーCF

$205.05M+25.43%
直近4四半期の推移

2025 Q3 決算ハイライト

主なハイライト

Nine Months Sales Growth Nine months Net sales $3.154B, up 5.6% driven by pricing 5.2% and acquisitions 3.2% impact.
Net Income Rises Sharply Nine months Net income $384.5M, up 18.0%; Diluted EPS increased to $6.86 from $5.68.
Strong Operating Cash Flow Nine months Operating cash flow $566.2M, increasing $63.0M due to working capital improvements and OBBBA impact.
Reduced Restructuring Charges Rationalization charges dropped 76.2% to $12.2M for nine months, significantly improving operating income results.

リスク要因

Uncertain Tax Law Impact OBBBA enacted July 2025; ultimate impact on financial position and cash flows remains undetermined by management.
Rising Input Costs Pressure LIFO charges of $15.1M recorded for nine months due to rising input costs impacting gross profit margin.
Debt Covenant Compliance Revolving credit facility requires maximum net leverage ratio of 3.5x EBITDA for continued compliance.
Asbestos Litigation Exposure Co-defendant in asbestos cases involving approximately 1,233 plaintiffs seeking compensatory damages.

見通し

Capital Expenditure Forecast Anticipates 2025 capital expenditures between $100,000 and $120,000 for capacity and efficiency improvements.
Future Rationalization Potential Management continues evaluating cost structure; additional rationalization actions may result in future charges.
Debt Maturity Management Repaid $100M Series A notes at maturity in August 2025; focus remains on lowest after-tax funding cost.
New Tax Provision Adoption Adopting ASU 2023-09 regarding income tax disclosures for the 2025 annual reporting period.

同業比較

売上高 (TTM)

WESCO International, Inc.WCC
$23.50B
+7.7%
Ryanair Holdings plcRYAAY
$17.26B
+9.2%
Builders FirstSource, Inc.BLDR
$15.65B
-6.4%

粗利益率 (最新四半期)

Nordson CorporationNDSN
56.3%
+2.2pp
Graco Inc.GGG
51.7%
+0.8pp
Stantec Inc.STN
43.4%
+0.4pp

主要指標

銘柄コード
時価総額
PER (TTM)
ROE (TTM)
負債比率
RYAAY$34.14B12.527.8%9.6%
JBHT$20.83B34.916.3%18.5%
ATI$19.00B47.022.7%34.3%

長期トレンド

直近4四半期
売上高
純利益
営業キャッシュフロー
4四半期売上高CAGR
1.3%
緩やかな成長
4四半期純利益CAGR
-4.4%
収益性の安定
キャッシュフロー安定性
100%
優れたキャッシュフローの実績

深度リサーチ

次回決算:2026年4月28日
|
EPS:-
|
売上高:-
財務レポート
財務データ
全年度
  • Form 10-Q - Q3 2025

    会計期末: 2025年9月30日|提出日: 2025年10月30日|
    売上高: $1.06B+7.9%
    |
    EPS: $2.23+25.3%
    予想を下回る
  • Form 10-Q - Q2 2025

    会計期末: 2025年6月30日|提出日: 2025年7月31日|
    売上高: $1.09B+6.6%
    |
    EPS: $2.58+44.1%
    予想を上回る
  • Form 10-Q - Q1 2025

    会計期末: 2025年3月31日|提出日: 2025年4月30日|
    売上高: $1.00B+2.4%
    |
    EPS: $2.11-2.8%
    予想を下回る
  • Form 10-K - FY 2024

    会計期末: 2024年12月31日|提出日: 2025年2月26日|
    売上高: $4.01B-4.4%
    |
    EPS: $8.23-13.5%
    予想を上回る
  • Form 10-Q - Q3 2024

    会計期末: 2024年9月30日|提出日: 2024年10月31日|
    売上高: $983.76M-4.8%
    |
    EPS: $1.78-21.2%
    予想を下回る
  • Form 10-Q - Q2 2024

    会計期末: 2024年6月30日|提出日: 2024年7月31日|
    売上高: $1.02B-3.7%
    |
    EPS: $1.79-25.1%
    予想を下回る
  • Form 10-Q - Q1 2024

    会計期末: 2024年3月31日|提出日: 2024年4月25日|
    売上高: $981.20M-5.6%
    |
    EPS: $2.17+2.4%
    予想を下回る
  • Form 10-K - FY 2023

    会計期末: 2023年12月31日|提出日: 2024年2月27日|
    売上高: $4.19B+11.4%
    |
    EPS: $9.51+16.8%
    予想を上回る