Lincoln Electric Holdings annual free cash flow
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Lincoln Electric Holdings Free Cash Flow (FCF) History (LECO)
Lincoln Electric Holdings reported $534.2M in free cash flow for fiscal 2025, an increase of 10.74% from the previous fiscal year, with a free cash flow margin of 12.62%.
View full Lincoln Electric Holdings company overviewLincoln Electric Holdings free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $534.2M | $51.8M | +10.74% | +12.62% |
| 2024 | 2024-12-31 | $482.4M | −$94.2M | −16.34% | +12.03% |
| 2023 | 2023-12-31 | $576.6M | $265.1M | +85.09% | +13.75% |
| 2022 | 2022-12-31 | $311.5M | $9.0M | +2.97% | +8.28% |
| 2021 | 2021-12-31 | $302.5M | $10.4M | +3.55% | +9.35% |
| 2020 | 2020-12-31 | $292.2M | −$41.4M | −12.41% | +11.00% |
| 2019 | 2019-12-31 | $333.6M | $75.7M | +29.34% | +11.11% |
| 2018 | 2018-12-31 | $257.9M | −$15.3M | −5.59% | +8.52% |
| 2017 | 2017-12-31 | $273.2M | $10.5M | +4.00% | +10.41% |
| 2016 | 2016-12-31 | $262.7M | $355,000 | +0.14% | +11.55% |
| 2015 | 2015-12-31 | $262.3M | −$66.4M | −20.20% | +10.34% |
| 2014 | 2014-12-31 | $328.7M | $65.8M | +25.04% | +11.68% |
| 2013 | 2013-12-31 | $262.9M | −$11.9M | −4.33% | +9.22% |
| 2012 | 2012-12-31 | $274.8M | $147.1M | +115.16% | +9.63% |
| 2011 | 2011-12-31 | $127.7M | $31.3M | +32.46% | +4.74% |
| 2010 | 2010-12-31 | $96.4M | −$115.7M | −54.55% | — |
| 2009 | 2009-12-31 | $212.1M | $27.1M | +14.66% | — |
| 2008 | 2008-12-31 | $185.0M | — | — | — |
Lincoln Electric Holdings quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $222.3M | $103.9M | +87.80% | +18.23% |
| Q1 2026 | 2026-03-31 | $63.0M | −$95.7M | −60.31% | +5.62% |
| Q4 2025 | 2025-12-31 | $77.5M | −$10.0M | −11.42% | +7.18% |
| Q3 2025 | 2025-09-30 | $179.6M | $39.3M | +27.98% | +16.92% |
| Q2 2025 | 2025-06-30 | $118.4M | −$29.2M | −19.77% | +10.87% |
| Q1 2025 | 2025-03-31 | $158.7M | $51.7M | +48.31% | +15.81% |
| Q4 2024 | 2024-12-31 | $87.4M | −$9.7M | −9.97% | +8.56% |
| Q3 2024 | 2024-09-30 | $140.3M | −$56.9M | −28.83% | +14.27% |
| Q2 2024 | 2024-06-30 | $147.5M | −$29.5M | −16.68% | +14.44% |
| Q1 2024 | 2024-03-31 | $107.0M | $1.9M | +1.80% | +10.91% |
| Q4 2023 | 2023-12-31 | $97.1M | $4.9M | +5.33% | +9.18% |
| Q3 2023 | 2023-09-30 | $197.2M | $84.6M | +75.16% | +19.09% |
| Q2 2023 | 2023-06-30 | $177.1M | $94.8M | +115.21% | +16.70% |
| Q1 2023 | 2023-03-31 | $105.1M | $80.7M | +330.60% | +10.12% |
| Q4 2022 | 2022-12-31 | $92.2M | −$1.6M | −1.73% | +9.91% |
| Q3 2022 | 2022-09-30 | $112.6M | $21.4M | +23.42% | +12.04% |
| Q2 2022 | 2022-06-30 | $82.3M | $141,000 | +0.17% | +8.49% |
| Q1 2022 | 2022-03-31 | $24.4M | −$10.9M | −30.88% | +2.64% |
| Q4 2021 | 2021-12-31 | $93.8M | −$19.9M | −17.47% | +11.12% |
| Q3 2021 | 2021-09-30 | $91.2M | $13.8M | +17.79% | +11.31% |
| Q2 2021 | 2021-06-30 | $82.1M | −$8.7M | −9.60% | +9.94% |
| Q1 2021 | 2021-03-31 | $35.3M | $25.2M | +248.25% | +4.67% |
| Q4 2020 | 2020-12-31 | $113.7M | $7.3M | +6.82% | +16.39% |
| Q3 2020 | 2020-09-30 | $77.4M | −$34.2M | −30.63% | +11.58% |
| Q2 2020 | 2020-06-30 | $90.9M | −$15.0M | −14.16% | +15.38% |
| Q1 2020 | 2020-03-31 | $10.1M | $517,000 | +5.37% | +1.45% |
| Q4 2019 | 2019-12-31 | $106.5M | $29.6M | +38.48% | +14.46% |
| Q3 2019 | 2019-09-30 | $111.6M | $22.8M | +25.64% | +15.28% |
| Q2 2019 | 2019-06-30 | $105.8M | $42.8M | +67.86% | +13.62% |
| Q1 2019 | 2019-03-31 | $9.6M | −$19.5M | −66.94% | +1.27% |
| Q4 2018 | 2018-12-31 | $76.9M | $10.1M | +15.09% | +10.34% |
| Q3 2018 | 2018-09-30 | $88.9M | $6.0M | +7.26% | +12.05% |
| Q2 2018 | 2018-06-30 | $63.1M | $3.7M | +6.24% | +7.98% |
| Q1 2018 | 2018-03-31 | $29.1M | −$35.1M | −54.64% | +3.84% |
| Q4 2017 | 2017-12-31 | $66.8M | $4.9M | +7.95% | +8.94% |
| Q3 2017 | 2017-09-30 | $82.8M | −$15.9M | −16.07% | +12.37% |
| Q2 2017 | 2017-06-30 | $59.4M | −$26.9M | −31.20% | +9.47% |
| Q1 2017 | 2017-03-31 | $64.2M | $48.4M | +305.50% | +11.05% |
| Q4 2016 | 2016-12-31 | $61.9M | −$5.2M | −7.75% | +10.97% |
| Q3 2016 | 2016-09-30 | $98.7M | $4.3M | +4.56% | +17.39% |
| Q2 2016 | 2016-06-30 | $86.3M | $25.7M | +42.53% | +14.56% |
| Q1 2016 | 2016-03-31 | $15.8M | −$24.5M | −60.74% | +2.87% |
| Q4 2015 | 2015-12-31 | $67.1M | −$49.0M | −42.22% | +11.81% |
| Q3 2015 | 2015-09-30 | $94.4M | −$39.6M | −29.54% | +14.63% |
| Q2 2015 | 2015-06-30 | $60.5M | −$19.0M | −23.90% | +9.11% |
| Q1 2015 | 2015-03-31 | $40.3M | $41.2M | — | +6.13% |
| Q4 2014 | 2014-12-31 | $116.1M | $35.6M | +44.25% | +16.97% |
| Q3 2014 | 2014-09-30 | $134.0M | $7.6M | +5.99% | +18.72% |
| Q2 2014 | 2014-06-30 | $79.5M | −$11.8M | −12.88% | +10.92% |
| Q1 2014 | 2014-03-31 | −$875,000 | $34.4M | — | −0.13% |
| Q4 2013 | 2013-12-31 | $80.5M | $9.7M | +13.78% | +11.26% |
| Q3 2013 | 2013-09-30 | $126.4M | $57.0M | +82.14% | +18.27% |
| Q2 2013 | 2013-06-30 | $91.3M | $23.2M | +34.17% | +12.55% |
| Q1 2013 | 2013-03-31 | −$35.3M | −$101.9M | — | −4.91% |
| Q4 2012 | 2012-12-31 | $70.7M | $22.7M | +47.13% | +10.33% |
| Q3 2012 | 2012-09-30 | $69.4M | $6.0M | +9.42% | +9.95% |
| Q2 2012 | 2012-06-30 | $68.0M | $53.1M | +354.49% | +9.14% |
| Q1 2012 | 2012-03-31 | $66.6M | $65.4M | +5292.47% | +9.16% |
| Q4 2011 | 2011-12-31 | $48.1M | $12.2M | +33.89% | — |
| Q3 2011 | 2011-09-30 | $63.4M | $27.2M | +74.94% | — |
| Q2 2011 | 2011-06-30 | $15.0M | −$3.5M | −18.76% | — |
| Q1 2011 | 2011-03-31 | $1.2M | −$4.6M | −78.80% | — |
| Q4 2010 | 2010-12-31 | $35.9M | −$55.7M | −60.81% | — |
| Q3 2010 | 2010-09-30 | $36.3M | — | — | — |
| Q2 2010 | 2010-06-30 | $18.4M | — | — | — |
| Q1 2010 | 2010-03-31 | $5.8M | — | — | — |
| Q3 2009 | 2009-09-30 | $91.6M | — | — | — |
Lincoln Electric Holdings free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $292.2M to $534.2M, a compound annual growth rate of 12.83%. Lincoln Electric Holdings's latest reported quarter, Q2 2026, generated $222.3M in free cash flow, an increase of 87.80% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Lincoln Electric Holdings filings at SEC.gov ↗