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Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. The firm’s portfolio of products includes arc-welding solutions, plasma and oxy-fuel cutting systems, and brazing and soldering alloys, as well as automation solutions. Lincoln Electric serves clients in the general fabrication, heavy industries, automotive, construction, shipbuilding, energy and process industries, among other end markets. Based in Cleveland, Ohio, Lincoln Electric has operations in 19 countries and has 11,000 employees worldwide. The company generated roughly $4 billion in sales in 2024.
1906
12K+
LTM Revenue $4.0B
LTM EBITDA $789M
$11.7B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Lincoln Electric has a last 12-month revenue (LTM) of $4.0B and a last 12-month EBITDA of $789M.
In the most recent fiscal year, Lincoln Electric achieved revenue of $4.0B and an EBITDA of $725M.
Lincoln Electric expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Lincoln Electric valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $4.0B | XXX | $4.0B | XXX | XXX | XXX |
| Gross Profit | $1.5B | XXX | $1.5B | XXX | XXX | XXX |
| Gross Margin | 37% | XXX | 37% | XXX | XXX | XXX |
| EBITDA | $789M | XXX | $725M | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 18% | XXX | XXX | XXX |
| EBIT | $699M | XXX | $692M | XXX | XXX | XXX |
| EBIT Margin | 17% | XXX | 17% | XXX | XXX | XXX |
| Net Profit | $520M | XXX | $466M | XXX | XXX | XXX |
| Net Margin | 13% | XXX | 12% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $884M | XXX | XXX | XXX |
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As of May 30, 2025, Lincoln Electric's stock price is $194.
Lincoln Electric has current market cap of $10.8B, and EV of $11.7B.
See Lincoln Electric trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $11.7B | $10.8B | XXX | XXX | XXX | XXX | $9.20 |
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Start Free TrialAs of May 30, 2025, Lincoln Electric has market cap of $10.8B and EV of $11.7B.
Lincoln Electric's trades at 2.9x EV/Revenue multiple, and 16.1x EV/EBITDA.
Equity research analysts estimate Lincoln Electric's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Lincoln Electric has a P/E ratio of 20.8x.
See valuation multiples for Lincoln Electric and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $10.8B | XXX | $10.8B | XXX | XXX | XXX |
| EV (current) | $11.7B | XXX | $11.7B | XXX | XXX | XXX |
| EV/Revenue | 2.9x | XXX | 2.9x | XXX | XXX | XXX |
| EV/EBITDA | 14.8x | XXX | 16.1x | XXX | XXX | XXX |
| EV/EBIT | 16.7x | XXX | 16.9x | XXX | XXX | XXX |
| EV/Gross Profit | 7.9x | XXX | n/a | XXX | XXX | XXX |
| P/E | 20.8x | XXX | 23.2x | XXX | XXX | XXX |
| EV/FCF | 24.0x | XXX | 24.2x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialLincoln Electric's last 12 month revenue growth is 3%
Lincoln Electric's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
Lincoln Electric's rule of 40 is 22% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Lincoln Electric's rule of X is 27% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Lincoln Electric and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 18% | XXX | XXX | XXX |
| EBITDA Growth | 3% | XXX | -2% | XXX | XXX | XXX |
| Rule of 40 | 22% | XXX | 21% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 27% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 19% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| XXX | XXX | XXX | XXX | XXX | XXX | |
| Aalberts | XXX | XXX | XXX | XXX | XXX | XXX |
| Doppler | XXX | XXX | XXX | XXX | XXX | XXX |
| Frigoglass | XXX | XXX | XXX | XXX | XXX | XXX |
| Petros Petropoulos | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Lincoln Electric acquired XXX companies to date.
Last acquisition by Lincoln Electric was XXXXXXXX, XXXXX XXXXX XXXXXX . Lincoln Electric acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was Lincoln Electric founded? | Lincoln Electric was founded in 1906. |
| Where is Lincoln Electric headquartered? | Lincoln Electric is headquartered in United States of America. |
| How many employees does Lincoln Electric have? | As of today, Lincoln Electric has 12K+ employees. |
| Who is the CEO of Lincoln Electric? | Lincoln Electric's CEO is Mr. Steven B. Hedlund. |
| Is Lincoln Electric publicy listed? | Yes, Lincoln Electric is a public company listed on NAS. |
| What is the stock symbol of Lincoln Electric? | Lincoln Electric trades under LECO ticker. |
| When did Lincoln Electric go public? | Lincoln Electric went public in 1983. |
| Who are competitors of Lincoln Electric? | Similar companies to Lincoln Electric include e.g. , Aalberts, Doppler, Frigoglass. |
| What is the current market cap of Lincoln Electric? | Lincoln Electric's current market cap is $10.8B |
| What is the current revenue of Lincoln Electric? | Lincoln Electric's last 12 months revenue is $4.0B. |
| What is the current revenue growth of Lincoln Electric? | Lincoln Electric revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of Lincoln Electric? | Current revenue multiple of Lincoln Electric is 2.9x. |
| Is Lincoln Electric profitable? | Yes, Lincoln Electric is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Lincoln Electric? | Lincoln Electric's last 12 months EBITDA is $789M. |
| What is Lincoln Electric's EBITDA margin? | Lincoln Electric's last 12 months EBITDA margin is 20%. |
| What is the current EV/EBITDA multiple of Lincoln Electric? | Current EBITDA multiple of Lincoln Electric is 14.8x. |
| What is the current FCF of Lincoln Electric? | Lincoln Electric's last 12 months FCF is $487M. |
| What is Lincoln Electric's FCF margin? | Lincoln Electric's last 12 months FCF margin is 12%. |
| What is the current EV/FCF multiple of Lincoln Electric? | Current FCF multiple of Lincoln Electric is 24.0x. |
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