Lincoln Electric reports record Q4 sales $930.9M, EPS $1.87 (+50% YoY); FY2022 record margins

LINCOLN ELECTRIC HOLDINGS INC

2022-FY EPS reported $8.04 revenue$3,761,211,000

Q4 net sales $930.9M (+10% YoY); organic sales +14.3%; EPS $1.87 (+50% YoY); adjusted EPS $1.94 (+21%).
Full year 2022 net sales $3.8B (+16% YoY); record operating margin 16.3%; adjusted margin 16.8%; EPS $8.04 (+75%).
Completed Fori Automation acquisition Dec 1, 2022 for $427M cash; funded with cash and $400M term loan.
Returned $312M to shareholders via dividends and share repurchases in FY2022.
CEO cites strong execution; expects organic growth and Fori to generate value.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

LINCOLN ELECTRIC HOLDINGS INC reported financial results for quarter ended December 31, 2022.

Period: quarter ended December 31, 2022
Result: reported results

Exact text from the filing

On February 21, 2023, Lincoln Electric Holdings, Inc. (the “Company”) issued a press release reporting its financial results for the quarter ended December 31, 2022.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

LINCOLN ELECTRIC HOLDINGS INC filing history →

Source: SEC EDGAR

accession 0000059527-23-000002

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