---
schema_version: "secwatch.filing_event.v1"
accession: "0000059527-22-000031"
form_type: "8-K"
ticker: "LECO"
cik: "0000059527"
company_name: "LINCOLN ELECTRIC HOLDINGS INC"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:22:08.208877+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lincoln Electric reports record Q3 sales of $935.2M, EPS $1.87, and announces $427M acquisition of Fori Automation

## Summary
- Record Q3 net sales $935.2M (+16% YoY); organic sales up 21.3%.
- GAAP EPS $1.87 vs $0.53; Adjusted EPS $2.04 (+31% YoY).
- Operating margin 15.2% (adj. 16.4%) vs 14.3% prior year; ROIC up 930bps to 26.8%.
- Board approves 14.3% dividend increase to $0.64/share quarterly ($2.56 annual), payable Jan 13, 2023.
- Enters definitive agreement to acquire Fori Automation for $427M cash; expected close Q4 2022.

## SEC filing metadata
- accession: 0000059527-22-000031
- form_type: 8-K
- ticker: LECO
- cik: 0000059527
- company_name: LINCOLN ELECTRIC HOLDINGS INC
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/59527/000005952722000031/0000059527-22-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/59527/000005952722000031/leco-20221027x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000059527-22-000031
- JSON: https://secwatch.observer/filing/0000059527-22-000031.json
- Plain text: https://secwatch.observer/filing/0000059527-22-000031.txt

## Key facts
- Earnings Releases
  LINCOLN ELECTRIC HOLDINGS INC reported the quarter ended September 30, 2022 results: revenue $935.2 million, net income $109.2 million, EPS $1.87.
  - Period: the quarter ended September 30, 2022
  - Revenue: $935.2 million
  - Net income: $109.2 million
  - EPS: $1.87
  - Result: reported results
  source text: (216) 383-2534 Amanda_Butler@lincolnelectric.com ​ LINCOLN ELECTRIC REPORTS THIRD QUARTER 2022 RESULTS ​ ​ ​ Third Quarter 2022 Highlights ​ ◾ Net sales increase 16% to record $935.2 million on 21% higher organic sales ​ ◾ Operating income margin of 15.2% and Adjusted operating income margin of 16.4% ​ ◾ EPS increases 253% to record $1.87; Adjusted EPS increases 31%
  evidence_url: https://www.sec.gov/Archives/edgar/data/59527/000005952722000031/0000059527-22-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.