---
schema_version: "secwatch.filing_event.v1"
accession: "0000059527-24-000004"
form_type: "8-K"
ticker: "LECO"
cik: "0000059527"
company_name: "LINCOLN ELECTRIC HOLDINGS INC"
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:39:14.556307+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Lincoln Electric posts record Q4 sales of $1.1B; EPS $2.70 vs $1.87 YoY

## Summary
- Q4 net sales up 13.7% to $1.1B record; organic growth 2.6%, acquisitions added 9.8%.
- Record Q4 operating margin 19.3%; adjusted margin 17.2% vs 15.8% prior year.
- FY2023 sales $4.2B (+11.4%); adjusted EPS $9.41 vs $8.27; ops cash flow $668M (+74%).
- Returned $347M to shareholders via dividends and buybacks in 2023.
- CEO Hedlund notes record year as capstone to Chris Mapes' 11-year tenure.

## SEC filing metadata
- accession: 0000059527-24-000004
- form_type: 8-K
- ticker: LECO
- cik: 0000059527
- company_name: LINCOLN ELECTRIC HOLDINGS INC
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/59527/000005952724000004/0000059527-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/59527/000005952724000004/leco-20240215x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000059527-24-000004
- JSON: https://secwatch.observer/filing/0000059527-24-000004.json
- Plain text: https://secwatch.observer/filing/0000059527-24-000004.txt

## Key facts
- Earnings Releases
  LINCOLN ELECTRIC HOLDINGS INC reported quarter ended December 31, 2023 results: revenue $1.1 billion, net income $156.6 million, EPS $2.70.
  - Period: quarter ended December 31, 2023
  - Revenue: $1.1 billion
  - Net income: $156.6 million
  - EPS: $2.70
  - Result: reported results
  source text: ​ LINCOLN ELECTRIC REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS ​ ​ ​ Fourth Quarter 2023 Highlights ​ ◾ Net sales increase 13.7% to record $1.1 billion ​ ◾ Record operating income margin of 19.3% and adjusted operating income margin of 17.2% ​ ◾ Record EPS of $2.70 and adjusted EPS of $2.45 ​ Full Year 2023 Highlights ​ ◾ Net
  evidence_url: https://www.sec.gov/Archives/edgar/data/59527/000005952724000004/0000059527-24-000004-index.htm

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