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%.
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 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 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 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 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 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.
Lincoln Electric acquires RedViking, a $70M-revenue automation integrator.
Acquired RedViking, a privately held automation system integrator based in Plymouth, Michigan.
Lincoln Electric posts record Q4 sales of $1.1B; EPS $2.70 vs $1.87 YoY
Q4 net sales up 13.7% to $1.1B record; organic growth 2.6%, acquisitions added 9.8%.
Lincoln Electric reports record Q3 sales $1.03B, EPS $2.22; raises dividend 11%
Net sales record $1,033M (+10.5% YoY); organic +0.4%, acquisitions +8.8%, FX +1.2%.
Lincoln Electric Q2 2023: record sales $1,061M, EPS $2.36, CEO transition announced
Net sales $1,061M (+9.4% YoY), organic +4.5%, record quarterly sales.
Christopher Mapes will retire as President/CEO on Dec 31, 2023, and become Executive Chairman on Jan 1, 2024.
Lincoln Electric posts record Q1 sales of $1,039M; adjusted EPS up to $2.13
Net sales +12.3% to record $1,039M; organic sales +8.5%; acquisitions contributed 5.7%.
Lincoln Electric reports record Q4 sales $930.9M, EPS $1.87 (+50% YoY); FY2022 record margins
Q4 net sales $930.9M (+10% YoY); organic sales +14.3%; EPS $1.87 (+50% YoY); adjusted EPS $1.94 (+21%).
Completed acquisition of Fori Automation for $427M, funded via $400M term loan and cash on hand.
Record Q3 net sales $935.2M (+16% YoY); organic sales up 21.3%.
Lincoln Electric to acquire Fori Automation for $427M cash to accelerate automation strategy
Cash purchase price of $427M, expected to close Q4 2022 subject to regulatory approval.
Lincoln Electric reports record Q2 sales of $969.6M; EPS up 36% to $2.18
Net sales $969.6M (+17.3% YoY); organic +20.5%; operating margin 17.3% record.
Lincoln Electric Q1 sales up 22.2% to record $925.4M; EPS $2.13
Record net sales of $925.4M, up 22.2% YoY; organic sales +22.1%.
Lincoln Electric Q4 2021: record sales $844M, adj EPS $1.61 +29.8% YoY
Net sales $844.3M (+21.7% YoY); organic sales +19.0%; full-year record $3.2B.
Lincoln Electric posts record Q3 sales of $806.5M; adjusted EPS up 41.8% to $1.56
Net sales increased 20.6% to a record $806.5M; organic sales grew 18.3%.
Lincoln Electric acquires FTP and Shoals Tubular for HVAC growth; ~$50M combined sales
Acquired Overstreet-Hughes (FTP) and Shoals Tubular, makers of copper/aluminum HVAC headers and manifolds.
Lincoln Electric Q2 net sales $826.5M (+39.9%); EPS $1.60 record
Diluted EPS $1.60 vs $0.45 YoY; adjusted EPS $1.67 vs $0.80.
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.
On April 1, 2024, the Board of Directors of Lincoln Electric Holdings, Inc. (the “Company”) elected and appointed Michele R. Kuhrt to serve as Executive Vice President, Chief Transformation Officer of the Company effective as of April 8, 2024.
On October 17, 2023, the Board of Directors (the “Board”) of Lincoln Electric Holdings, Inc. (the “Company”) increased its size from eleven to twelve members and elected Marc A. Howze to fill the resulting vacancy.
notified the Company of his intention to retire from his position as President and Chief Executive Officer effective as of the close of business on December 31, 2023. After December 31, 2023, Mr. Mapes will be designated Executive Chairman of the Board.
the Board elected Steven B. Hedlund, age 56, as President and Chief Executive Officer of the Company, effective as of January 1, 2024.
On July 20, 2023, the Board of Directors (the “Board”) of Lincoln Electric Holdings, Inc. (the “Company”) increased its size from ten to eleven members and elected Bonnie J. Fetch to fill the resulting vacancy.
On May 9, 2022, the Board of Directors of Lincoln Electric Holdings, Inc. (the “Company”) elected and appointed Steven B. Hedlund to serve as Executive Vice President, Chief Operating Officer of the Company effective as of such date.
On February 16, 2022, Stephen G. Hanks notified the Board of Directors (the “Board”) of Lincoln Electric Holdings, Inc. (the “Company”) of his intention to retire from the Board and not to stand for re-election upon the expiration of his current term, which expires at the Company’s 2022 annual meeting of shareholders.
Max materiality 0.85 · Median 0.65 · Most common event earnings