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LECO
Lincoln Electric Holdings Inc.Stock · Industrials
$284.65−$2.33 (-0.81%)as of market close, Aug 13, 2026
☾ After hours:$284.63+0.00%3:59 PM ET
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How Lincoln Electric makes money

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How does Lincoln Electric make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Lincoln Electric Holdings Inc. · FY2025 · year ended 2025-12-31
Revenue$4.2BGross profit$1.5B · 36%Cost of revenue$2.7B · 64%Operating income$718M · 17%Operating expenses$816M · 19%R&D$86M · 2%Other opex$731M · 17%Pre-tax income$675M · 16%Other expense$43M · 1%Net income$521M · 12%Income tax$155M · 4%Welding Consumables$2.3B · 54%Welding Equipment$1.1B · 26%Welding Automation$870M · 21%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.