earnings
confidence high
sentiment neutral
materiality 0.65
Lincoln Electric Q4 2024 sales down 3.4% to $1.02B; adjusted EPS $2.57 up from $2.45
LINCOLN ELECTRIC HOLDINGS INC
2024-FY EPS reported
$8.15
revenue$4,008,670,000
- Net sales of $1,022M, down 3.4% YoY; organic sales fell 7.5%, acquisitions added 5.2%.
- GAAP EPS $2.47; adjusted EPS $2.57 vs $2.45 in Q4 2023, driven by margin expansion.
- Full-year 2024 net sales $4.01B (-4.4% YoY); adjusted EPS $9.29 vs $9.41 in 2023.
- Q4 adjusted operating margin 18.2% (up from 17.2% last year); full-year margin 17.6%.
- Generated $599M operating cash flow; returned $426M via dividends and buybacks in 2024.