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Lincoln Electric (LECO)
:LECO
US Market
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Lincoln Electric Holdings (LECO) Ratios

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Lincoln Electric Holdings Ratios

LECO's free cash flow for Q1 2025 was $0.36. For the 2025 fiscal year, LECO's free cash flow was decreased by $ and operating cash flow was $0.16. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
1.78 2.24 1.83 1.71 2.02
Quick Ratio
1.19 1.50 1.05 0.99 1.33
Cash Ratio
0.41 0.52 0.23 0.26 0.47
Solvency Ratio
0.23 0.31 0.26 0.21 0.19
Operating Cash Flow Ratio
0.67 0.88 0.45 0.48 0.64
Short-Term Operating Cash Flow Coverage
5.94 273.69 4.10 6.92 128.52
Net Current Asset Value
$ -555.28M$ -375.33M$ -588.72M$ -438.81M$ -411.86M
Leverage Ratios
Debt-to-Assets Ratio
0.35 0.34 0.38 0.30 0.31
Debt-to-Equity Ratio
0.94 0.89 1.16 0.89 0.91
Debt-to-Capital Ratio
0.48 0.47 0.54 0.47 0.48
Long-Term Debt-to-Capital Ratio
0.00 0.46 0.52 0.45 0.48
Financial Leverage Ratio
2.70 2.58 3.08 3.00 2.93
Debt Service Coverage Ratio
3.93 14.59 4.71 8.36 14.27
Interest Coverage Ratio
14.51 16.18 20.76 16.07 12.84
Debt to Market Cap
<0.01 0.09 0.14 0.09 0.10
Interest Debt Per Share
23.20 20.99 21.25 13.35 12.41
Net Debt to EBITDA
1.17 0.93 1.44 0.85 1.12
Profitability Margins
Gross Profit Margin
36.45%35.25%34.05%33.04%32.81%
EBIT Margin
15.75%17.45%16.55%10.74%10.77%
EBITDA Margin
18.34%19.67%18.61%20.88%15.45%
Operating Profit Margin
16.61%17.13%16.28%11.04%10.62%
Pretax Profit Margin
14.61%16.39%15.76%10.05%9.94%
Net Profit Margin
11.44%13.01%12.56%8.55%7.76%
Continuous Operations Profit Margin
11.44%13.01%12.56%8.55%7.76%
Net Income Per EBT
78.32%79.38%79.66%85.10%78.06%
EBT Per EBIT
87.95%95.68%96.81%91.03%93.61%
Return on Assets (ROA)
12.72%16.14%14.85%10.67%8.91%
Return on Equity (ROE)
34.68%41.66%45.67%32.01%26.08%
Return on Capital Employed (ROCE)
25.21%27.37%26.31%19.44%15.98%
Return on Invested Capital (ROIC)
18.96%21.60%20.06%16.00%12.38%
Return on Tangible Assets
16.40%21.84%20.42%13.74%11.18%
Earnings Yield
3.73%4.37%5.63%3.34%2.97%
Efficiency Ratios
Receivables Turnover
7.71 7.22 6.95 7.54 7.11
Payables Turnover
7.01 8.34 7.05 6.56 7.89
Inventory Turnover
4.46 4.82 3.73 4.01 4.68
Fixed Asset Turnover
6.34 6.67 6.90 6.32 5.09
Asset Turnover
1.11 1.24 1.18 1.25 1.15
Working Capital Turnover Ratio
5.28 5.10 6.07 5.90 4.94
Cash Conversion Cycle
77.11 82.49 98.66 83.77 83.08
Days of Sales Outstanding
47.33 50.56 52.55 48.42 51.34
Days of Inventory Outstanding
81.82 75.70 97.92 91.00 78.00
Days of Payables Outstanding
52.04 43.77 51.81 55.66 46.26
Operating Cycle
129.15 126.26 150.47 139.43 129.34
Cash Flow Ratios
Operating Cash Flow Per Share
11.57 11.64 6.61 6.16 5.89
Free Cash Flow Per Share
9.48 10.05 5.37 5.10 4.90
CapEx Per Share
2.08 1.59 1.24 1.05 0.99
Free Cash Flow to Operating Cash Flow
0.82 0.86 0.81 0.83 0.83
Dividend Paid and CapEx Coverage Ratio
2.32 2.79 1.89 1.98 1.98
Capital Expenditure Coverage Ratio
5.55 7.34 5.33 5.84 5.94
Operating Cash Flow Coverage Ratio
0.52 0.58 0.32 0.47 0.49
Operating Cash Flow to Sales Ratio
0.16 0.16 0.10 0.11 0.13
Free Cash Flow Yield
4.36%4.62%3.72%3.66%4.21%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
26.94 22.88 17.76 29.91 33.63
Price-to-Sales (P/S) Ratio
3.06 2.98 2.23 2.56 2.61
Price-to-Book (P/B) Ratio
9.27 9.53 8.11 9.57 8.77
Price-to-Free Cash Flow (P/FCF) Ratio
23.07 21.64 26.92 27.34 23.73
Price-to-Operating Cash Flow Ratio
19.08 18.69 21.87 22.66 19.73
Price-to-Earnings Growth (PEG) Ratio
-36.91 1.36 0.24 0.86 -1.25
Price-to-Fair Value
9.27 9.53 8.11 9.57 8.77
Enterprise Value Multiple
17.83 16.06 13.41 13.10 18.02
Enterprise Value
13.12B 13.24B 9.39B 8.85B 7.39B
EV to EBITDA
17.74 16.06 13.41 13.10 18.02
EV to Sales
3.25 3.16 2.50 2.74 2.78
EV to Free Cash Flow
24.57 22.96 30.15 29.25 25.31
EV to Operating Cash Flow
20.14 19.83 24.50 24.24 21.04
Tangible Book Value Per Share
9.35 7.46 2.86 4.79 5.37
Shareholders’ Equity Per Share
23.80 22.82 17.82 14.57 13.25
Tax and Other Ratios
Effective Tax Rate
0.22 0.21 0.20 0.15 0.22
Revenue Per Share
71.59 73.07 64.81 54.53 44.53
Net Income Per Share
8.19 9.51 8.14 4.66 3.46
Tax Burden
0.78 0.79 0.80 0.85 0.78
Interest Burden
0.93 0.94 0.95 0.94 0.92
Research & Development to Revenue
0.00 0.02 0.02 0.02 0.02
SG&A to Revenue
0.00 0.00 0.00 0.00 0.00
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
1.41 1.22 0.81 1.32 1.70
Currency in USD
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