LECO · Lincoln Electric Holdings, Inc.

Summary

Lincoln Electric Holdings, Inc. reported fourth quarter and full year 2025 results, with full year net sales increasing 5.6% to $4,233 million and adjusted EPS reaching $9.87. The company announced record sales, adjusted EPS, and cash returns to shareholders, while also referencing new strategic 2030 targets.

Key takeaways

• Fourth quarter 2025 net sales increased 5.5% to $1,078.7 million, with organic sales up 2.5%.
• Full year 2025 net sales increased 5.6% to $4,233.0 million, with adjusted operating income margin of 17.6%.
• Fourth quarter 2025 diluted EPS was $2.45 (GAAP) and $2.65 (Adjusted), compared to $2.47 and $2.57 respectively in the prior year period.
• Full year 2025 cash flows from operations totaled $661 million, with $507 million returned to shareholders through dividends and share repurchases.
• The company reported a conference call to discuss financial results and new strategic 2030 targets on February 12, 2026.