Highest-materiality recent filing
Lincoln Electric Q1 net sales +11.7% to $1.12B; adj. EPS $2.50 vs $2.16 YoY
Net sales $1,121M, up 11.7% (organic +7.8%); operating income margin 16.6%.
All ten director nominees elected with >38.7M votes for each; broker non-votes of 6.5M on each.
Lincoln Electric Q4 sales up 5.5% to $1.08B, adj EPS $2.65 vs $2.57 a year ago
Net sales $1,078.7M (+5.5% YoY); organic +2.5%; full-year sales $4,233M (+5.6%).
Lincoln Electric Q3 2025 EPS $2.21; sales up 7.9%; dividend increased 5.3%
Q3 net sales $1,061M (+7.9% YoY); organic sales +5.6%, acquisitions +1.7%.
Lincoln Electric adopts new Executive Severance Plan effective Nov 1, 2025
Replaces existing CIC severance agreements; CEO Steven Hedlund gets 2x base salary pre-CIC, 3x post-CIC.
Lincoln Electric Q2 EPS $2.56 vs $1.77; sales up 6.6%; acquires Alloy Steel for $90M
Q2 2025 EPS $2.56 ($2.60 adjusted) vs $1.77 ($2.34 adjusted) prior year; sales $1,089M (+6.6%).
Lincoln Electric Q1 EPS $2.10 ($2.16 adj.), sales $1,004M; cash flow record $186M
Net income $118.5M ($2.10 EPS) vs $123.4M ($2.14 EPS) a year ago; adjusted EPS $2.16 vs $2.23.
Lincoln Electric shareholders re-elect all 11 directors, ratify EY, approve say-on-pay
All 11 director nominees elected with votes for ranging from 40.7M to 42.9M; no withhold majority.
Lincoln Electric elects N. Joy Falotico to board; EVP Kuhrt to retire in August
Kellye I. Walker resigns from board, will not stand for re-election at 2025 annual meeting; no disagreement with management.
Lincoln Electric Q4 2024 sales down 3.4% to $1.02B; adjusted EPS $2.57 up from $2.45
Net sales of $1,022M, down 3.4% YoY; organic sales fell 7.5%, acquisitions added 5.2%.
Lincoln Electric Q3 sales down 4.8% to $984M; adj EPS $2.14 vs $2.40; dividend raised 5.6%
Net sales $983.8M, down 4.8% YoY; organic sales fell 7.7%, acquisition benefit 3.0%.
Lincoln Electric Executive Chair Mapes to retire Dec 31; CEO Hedlund becomes Chair
Christopher L. Mapes to retire as Executive Chair and board member on December 31, 2024.
Lincoln Electric Q2 2024: sales down 3.7% to $1.02B; adjusted EPS $2.34 vs $2.44
Net sales $1,022M (-3.7% YoY); organic sales down 4.4%, acquisitions added 1.2%.
Lincoln Electric acquires Vanair Manufacturing for ~$100M revenue mobile power solutions
Vanair manufactures vehicle-mounted compressors, generators, welders, hydraulics, chargers, and electrified power equipment for U.S. service truck market.
Lincoln Electric issues $550M in senior notes, enters $1B revolver; refinances term loan
Issued $75M Series A at 5.55% due 2029, $75M Series B at 5.62% due 2031, $400M Series C at 5.74% due 2034.
Lincoln Electric updates FY2024 financial assumptions; presentation filed without specific figures
Company updated investor presentation on May 23, 2024 to reflect revised full-year 2024 assumptions.
Lincoln Electric posts record Q1 EPS of $2.14; sales down 5.6% to $981M
Record Q1 diluted EPS of $2.14 (adjusted $2.23) vs $2.09 (adjusted $2.13) a year ago.
All 12 director nominees elected with substantial support; each received >43M votes for.
Additionally, on February 19, 2025, Michele R. Kuhrt, Executive Vice President, Chief Transformation Officer of the Company, informed the Company of her intention to retire, effective August 31, 2025.
On February 19, 2025, Kellye I. Walker notified the Board of Directors (the “Board”) of Lincoln Electric Holdings, Inc. (the “Company”) of her intention to resign from the Board and not to stand for re-election upon the expiration of her current term, which expires at the Company’s 2025 annual meeting of shareholders.
On February 19, 2025, the Board of the Company increased its size from eleven to twelve members and elected N. Joy Falotico to fill the resulting vacancy.
Christopher L. Mapes, Executive Chair of the Board of Directors of the Company (the “Board”), will retire from his position as Executive Chair and a member of the Board on December 31, 2024.
The Board has elected Steven B. Hedlund, currently President and Chief Executive Officer and a Director, as Chair of the Board, effective as of January 1, 2025.
Max materiality 0.75 · Median 0.68 · Most common event earnings