LINCOLN ELECTRIC HOLDINGS INC (LECO) Form 10-Q — Oct 27, 2026
Lincoln Electric posted strong Q3 2026 results: net sales rose 15.1% year-over-year to $1.22 billion and net income climbed to $144.3 million from $122.6 million a year ago. Diluted EPS grew about 19% to $2.63 versus $2.21 in Q3 2025, and nine-month diluted EPS reached $7.97, with Americas Welding driving growth (segment sales up from $691.8M to $801.3M). The company repurchased 373,193 shares in Q3 at an average price of $266.34, leaving roughly 4.25 million shares available under its buyback authorization, while remaining in compliance with all debt covenants with no revolver borrowings.
Key figures
- Eps
- 2.63
- Revenue
- 1221281000
- Net Income
- 144346000
- Total Debt
- 1149969000
- Revenue Yoy
- 15.1%
- Total Assets
- 3893630000
- Cash Position
- 283237000
- Shares Outstanding
- 54157000
- Q3 2025 revenue
- 1061227000
- Nine month revenue
- 3562378000
- Q3 operating income
- 211376000
- Q3 avg buyback price
- 266.34
- Nine month net income
- 439247000
- Q3 dividend per share
- 0.79
- Q3 shares repurchased
- 373193
- Nine month diluted eps
- 7.97
- Segment adjusted ebit q3
- 224593000
- Asbestos plaintiff claims
- 367
- Q3 diluted eps prior year
- 2.21
- Senior notes avg tenure years
- 7.9
- Senior notes weighted avg rate
- 4.16%
AI analysis
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