Lincoln Electric Holdings, Inc. (LECO)

USD 191.58

(-3.8%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 4.19 Billion 3.76 Billion 3.23 Billion 2.65 Billion 3 Billion 3.02 Billion
Cost of Revenue 2.71 Billion 2.48 Billion 2.16 Billion 1.78 Billion 1.99 Billion 2 Billion
Gross Profit 1.47 Billion 1.28 Billion 1.06 Billion 871.34 Million 1 Billion 1.02 Billion
Operating Expenses 776.64 Million 656.63 Million 597.1 Million 543.8 Million 621.48 Million 627.69 Million
Selling, General and Administrative Expenses 703.64 Million 656.63 Million 597.1 Million 543.8 Million 621.48 Million 627.69 Million
Research and Development Expenses 71.23 Million 63.2 Million 55.96 Million 51.41 Million 56.84 Million 54.16 Million
Other Expenses -15.03 Million 9.99 Million -114.45 Million 3.94 Million 20.99 Million 10.68 Million
Cost and Expenses 3.47 Billion 3.13 Billion 2.76 Billion 2.32 Billion 2.61 Billion 2.62 Billion
Operating Income 717.84 Million 612.33 Million 357.03 Million 282.07 Million 370.91 Million 375.53 Million
Interest Expense 44.37 Million 29.5 Million 22.21 Million 21.97 Million 23.41 Million 17.56 Million
Income Tax Expense 141.61 Million 120.6 Million 48.41 Million 57.89 Million 75.41 Million 81.66 Million
Earnings before Tax 686.86 Million 592.82 Million 324.99 Million 264.04 Million 368.49 Million 368.66 Million
Net Income 545.24 Million 472.22 Million 276.58 Million 206.11 Million 293.1 Million 287.06 Million
Earnings Per Share Basic 9.51 8.14 4.66 3.46 4.73 4.42
Earnings Per Share Diluted 9.37 8.04 4.60 3.42 4.68 4.37
Weighted Average Shares Outstanding 57.36 Million 58.03 Million 59.3 Million 59.63 Million 61.96 Million 64.88 Million
Weighted Average Shares Outstanding (Diluted) 58.22 Million 58.74 Million 60.06 Million 60.24 Million 62.65 Million 65.68 Million
Gross Margin 0.35 0.34 0.33 0.33 0.34 0.34
EBIT Margin 0.19 0.19 0.14 0.16 0.16 0.16
Profit Margin 0.13 0.13 0.09 0.08 0.10 0.09
EBITDA 789.48 Million 700.13 Million 675.23 Million 410.34 Million 466.88 Million 473.28 Million
Earnings Before Tax Margin 0.17 0.16 0.11 0.11 0.12 0.12

Income Statement Charts