---
schema_version: "secwatch.filing_event.v1"
accession: "0000059527-23-000032"
form_type: "8-K"
ticker: "LECO"
cik: "0000059527"
company_name: "LINCOLN ELECTRIC HOLDINGS INC"
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T07:28:43.800646+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lincoln Electric reports record Q3 sales $1.03B, EPS $2.22; raises dividend 11%

## Summary
- Net sales record $1,033M (+10.5% YoY); organic +0.4%, acquisitions +8.8%, FX +1.2%.
- Record adjusted EPS $2.40 (up from $2.04 YoY); GAAP EPS $2.22.
- Record adjusted op margin 17.7% (up from 16.4%); operating cash flow $223M (+71%).
- Dividend increased 11% to $0.71/qrt ($2.84 annual), payable Jan 12, 2024, record Dec 31, 2023.
- CEO cites strong Oct order rates and high automation backlog for expected strong Q4.

## SEC filing metadata
- accession: 0000059527-23-000032
- form_type: 8-K
- ticker: LECO
- cik: 0000059527
- company_name: LINCOLN ELECTRIC HOLDINGS INC
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/59527/000005952723000032/0000059527-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/59527/000005952723000032/leco-20231027x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000059527-23-000032
- JSON: https://secwatch.observer/filing/0000059527-23-000032.json
- Plain text: https://secwatch.observer/filing/0000059527-23-000032.txt

## Key facts
- Earnings Releases
  LINCOLN ELECTRIC HOLDINGS INC reported the quarter ended September 30, 2023 results: revenue $1,033.2 million, net income $129.3 million, EPS $2.22.
  - Period: the quarter ended September 30, 2023
  - Revenue: $1,033.2 million
  - Net income: $129.3 million
  - EPS: $2.22
  - Result: reported results
  source text: (216) 383-2534 Amanda_Butler@lincolnelectric.com ​ LINCOLN ELECTRIC REPORTS THIRD QUARTER 2023 RESULTS ​ ​ ​ Third Quarter 2023 Highlights ​ ◾ Net sales increase 10.5% to record $1,033 million ​ ◾ Operating income margin of 16.6%; Record adjusted operating income margin of 17.7% ​ ◾ Record EPS of $2.22; Record adjusted EPS of $2.40 ​ ◾ Cash flows from operations
  evidence_url: https://www.sec.gov/Archives/edgar/data/59527/000005952723000032/0000059527-23-000032-index.htm

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