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Upturn AI SWOT - About
LECO 
Lincoln Electric Holdings Inc (LECO)
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Upturn Advisory Summary
09/15/2025: LECO (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
10 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $253.67
1 Year Target Price $253.67
| 5 | Strong Buy |
| 1 | Buy |
| 3 | Hold |
| 0 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 28.4% | Avg. Invested days 54 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/15/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 13.20B USD | Price to earnings Ratio 26.87 | 1Y Target Price 253.67 |
Price to earnings Ratio 26.87 | 1Y Target Price 253.67 | ||
Volume (30-day avg) 10 | Beta 1.23 | 52 Weeks Range 160.53 - 249.19 | Updated Date 09/15/2025 |
52 Weeks Range 160.53 - 249.19 | Updated Date 09/15/2025 | ||
Dividends yield (FY) 1.22% | Basic EPS (TTM) 8.9 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 12.27% | Operating Margin (TTM) 16.67% |
Management Effectiveness
Return on Assets (TTM) 12.23% | Return on Equity (TTM) 37.35% |
Valuation
Trailing PE 26.87 | Forward PE 22.52 | Enterprise Value 14152925440 | Price to Sales(TTM) 3.22 |
Enterprise Value 14152925440 | Price to Sales(TTM) 3.22 | ||
Enterprise Value to Revenue 3.45 | Enterprise Value to EBITDA 18.19 | Shares Outstanding 55186300 | Shares Floating 54039482 |
Shares Outstanding 55186300 | Shares Floating 54039482 | ||
Percent Insiders 1.62 | Percent Institutions 81.57 |
Upturn AI SWOT
Lincoln Electric Holdings Inc
Company Overview
History and Background
Lincoln Electric was founded in 1895 by John C. Lincoln. Initially focused on electric motors, it quickly pivoted to welding equipment and supplies, becoming a global leader in the industry through innovation and employee empowerment.
Core Business Areas
- Welding Segment: Designs, manufactures, and sells arc welding products, robotic welding systems, plasma and oxyfuel cutting equipment. This segment is the largest revenue generator.
- Automation Solutions Segment: Provides automated cutting and welding solutions to support various industrial operations, enhancing efficiency and productivity.
- Harris Products Group: Focuses on the design, manufacture, and sale of brazing and soldering alloys and equipment, as well as gas regulation and control equipment.
Leadership and Structure
Christopher L. Mapes serves as Chairman, President, and CEO. The company operates with a decentralized structure, empowering division leaders while maintaining central strategic oversight. They emphasize employee stock ownership.
Top Products and Market Share
Key Offerings
- Arc Welding Equipment: Lincoln Electric is a leading producer of arc welding equipment. They have a significant market share, estimated at approximately 20-25% globally in the arc welding sector. Competitors include Miller Electric (Illinois Tool Works) and ESAB (Colfax Corporation).
- Welding Consumables: Lincoln Electric provides a wide range of welding consumables such as electrodes and welding wire. They are a major player in this market. Competitors include Miller Electric and ESAB.
- Automation Solutions: Robotic welding systems, cutting tables, and turnkey solutions are part of this portfolio. The automation sector faces competition from ABB, FANUC, and KUKA.
Market Dynamics
Industry Overview
The welding industry is driven by manufacturing, construction, energy, and transportation sectors. Growth is influenced by infrastructure development, automation trends, and technological advancements. It's a cyclical industry heavily dependent on global economic conditions.
Positioning
Lincoln Electric is positioned as a premium supplier known for quality, innovation, and extensive distribution network. They maintain a strong brand reputation and customer loyalty.
Total Addressable Market (TAM)
The global welding market is estimated at around $25-30 billion USD. Lincoln Electric is a leading participant with significant opportunities for growth through geographic expansion, product innovation, and further penetration into the automation market. Their TAM includes the maintenance, repair and operational sectors.
Upturn SWOT Analysis
Strengths
- Strong brand reputation
- Extensive global distribution network
- Innovative product development
- Vertical integration
- Strong financial performance
- Employee stock ownership program
Weaknesses
- Cyclical revenue stream
- High raw material costs
- Exposure to currency fluctuations
- Dependence on certain key industries
Opportunities
- Growth in emerging markets
- Increasing automation in manufacturing
- Development of new welding technologies
- Strategic acquisitions
- Expansion into related industries
Threats
- Economic downturns
- Intense competition
- Fluctuations in raw material prices
- Geopolitical risks
- Environmental regulations
Competitors and Market Share
Key Competitors
- ITW
- ESAB:COLFAX
- VOX
Competitive Landscape
Lincoln Electric's strengths lie in its comprehensive product portfolio, global reach, and strong brand. However, it faces competition from larger, more diversified industrial companies. Its employee-centric culture gives it an edge in quality and innovation.
Major Acquisitions
Baker Industries
- Year: 2022
- Acquisition Price (USD millions): 25
- Strategic Rationale: Expanded advanced automation capabilities for large scale solutions.
Growth Trajectory and Initiatives
Historical Growth: Lincoln Electric has demonstrated consistent growth through organic initiatives and strategic acquisitions, with expansion in both developed and emerging markets.
Future Projections: Analysts project continued growth driven by infrastructure spending and adoption of automation solutions. Revenue growth is expected to be in the 3-5% range annually.
Recent Initiatives: Recent initiatives include investments in automation and digital solutions, expansion of international operations, and acquisitions of companies in related industries.
Summary
Lincoln Electric is a strong player in the welding industry, characterized by consistent growth, profitability, and a commitment to shareholder returns. Its employee ownership model fosters innovation and quality, while strategic acquisitions bolster its market position. The company must navigate economic cycles and manage raw material costs effectively to sustain its growth trajectory.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10K, 10Q), Investor Presentations, Industry Reports, Analyst Reports, Company Website
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market data and estimates are subject to change. Past performance is not indicative of future results. The AI rating is based on an analysis of publicly available data and is not a guarantee of future performance.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Lincoln Electric Holdings Inc
Exchange NASDAQ | Headquaters Cleveland, OH, United States | ||
IPO Launch date 1995-06-13 | President, CEO & Chairman Mr. Steven B. Hedlund | ||
Sector Industrials | Industry Tools & Accessories | Full time employees 12000 | Website https://www.lincolnelectric.com |
Full time employees 12000 | Website https://www.lincolnelectric.com | ||
Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products in the United States and internationally. It operates in three segments: Americas Welding, International Welding, and The Harris Products Group. The company offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, specialty gas regulators, and education solutions; and a portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business. It also provides mobile power solutions, including vehicle-mounted compressors, generators, welders, hydraulics, charger/boosters, and electrified power equipment; automated welding system and solutions; automated material handling solutions; and specialty welding consumables, wear plates, and maintenance and repair services for alloy and wear-resistant products, as well as develops and integrates autonomous guided vehicles and mobile robots, custom assembly and test systems, and proprietary manufacturing execution system software. The company serves general fabrication, oil and gas, power generation, process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. It sells its products directly to users of welding products, including OEMs, manufacturers, and integrators, as well as through industrial distributors, retailers, and agents. Lincoln Electric Holdings, Inc. was founded in 1895 and is headquartered in Cleveland, Ohio.
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