Lincoln Electric Holdings annual return on equity
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2025
Lincoln Electric Holdings Return on Equity (ROE) Growth & History (LECO)
Lincoln Electric Holdings's return on equity was 37.22% for fiscal 2025.
View full Lincoln Electric Holdings company overviewLincoln Electric Holdings annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 37.22% | +1.86 pp |
| 2024 | 2024-12-31 | 35.36% | −11.18 pp |
| 2023 | 2023-12-31 | 46.54% | −3.22 pp |
| 2022 | 2022-12-31 | 49.76% | +16.32 pp |
| 2021 | 2021-12-31 | 33.44% | +7.81 pp |
| 2020 | 2020-12-31 | 25.63% | −8.75 pp |
| 2019 | 2019-12-31 | 34.38% | +2.81 pp |
| 2018 | 2018-12-31 | 31.57% | +1.45 pp |
| 2017 | 2017-12-31 | 30.12% | +5.98 pp |
| 2016 | 2016-12-31 | 24.15% | +12.64 pp |
| 2015 | 2015-12-31 | 11.51% | −6.57 pp |
| 2014 | 2014-12-31 | 18.08% | −2.26 pp |
| 2013 | 2013-12-31 | 20.33% | −0.09 pp |
| 2012 | 2012-12-31 | 20.42% | +1.63 pp |
| 2011 | 2011-12-31 | 18.79% | +6.98 pp |
| 2010 | 2010-12-31 | 11.81% | +7.14 pp |
| 2009 | 2009-12-31 | 4.67% | — |
Lincoln Electric Holdings quarterly return on equity
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Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 10.34% | −0.20 pp |
| Q1 2026 | 2026-03-31 | 9.15% | +0.27 pp |
| Q4 2025 | 2025-12-31 | 9.43% | −1.09 pp |
| Q3 2025 | 2025-09-30 | 8.78% | +1.18 pp |
| Q2 2025 | 2025-06-30 | 10.54% | +2.78 pp |
| Q1 2025 | 2025-03-31 | 8.88% | −0.55 pp |
| Q4 2024 | 2024-12-31 | 10.52% | −1.84 pp |
| Q3 2024 | 2024-09-30 | 7.60% | −3.06 pp |
| Q2 2024 | 2024-06-30 | 7.76% | −4.04 pp |
| Q1 2024 | 2024-03-31 | 9.43% | −1.86 pp |
| Q4 2023 | 2023-12-31 | 12.36% | +1.21 pp |
| Q3 2023 | 2023-09-30 | 10.66% | −1.23 pp |
| Q2 2023 | 2023-06-30 | 11.80% | −2.59 pp |
| Q1 2023 | 2023-03-31 | 11.29% | −3.30 pp |
| Q4 2022 | 2022-12-31 | 11.15% | +2.49 pp |
| Q3 2022 | 2022-09-30 | 11.89% | +8.19 pp |
| Q2 2022 | 2022-06-30 | 14.39% | +2.84 pp |
| Q1 2022 | 2022-03-31 | 14.60% | +5.29 pp |
| Q4 2021 | 2021-12-31 | 8.66% | −0.02 pp |
| Q3 2021 | 2021-09-30 | 3.70% | −4.85 pp |
| Q2 2021 | 2021-06-30 | 11.56% | +7.49 pp |
| Q1 2021 | 2021-03-31 | 9.31% | +1.83 pp |
| Q4 2020 | 2020-12-31 | 8.68% | +0.86 pp |
| Q3 2020 | 2020-09-30 | 8.54% | −0.20 pp |
| Q2 2020 | 2020-06-30 | 4.07% | −5.93 pp |
| Q1 2020 | 2020-03-31 | 7.48% | −0.68 pp |
| Q4 2019 | 2019-12-31 | 7.82% | −1.76 pp |
| Q3 2019 | 2019-09-30 | 8.74% | +1.19 pp |
| Q2 2019 | 2019-06-30 | 10.00% | +2.83 pp |
| Q1 2019 | 2019-03-31 | 8.16% | +1.80 pp |
| Q4 2018 | 2018-12-31 | 9.58% | +7.00 pp |
| Q3 2018 | 2018-09-30 | 7.54% | −4.27 pp |
| Q2 2018 | 2018-06-30 | 7.16% | −0.34 pp |
| Q1 2018 | 2018-03-31 | 6.36% | −1.11 pp |
| Q4 2017 | 2017-12-31 | 2.58% | −4.72 pp |
| Q3 2017 | 2017-09-30 | 11.82% | +4.04 pp |
| Q2 2017 | 2017-06-30 | 7.51% | +3.79 pp |
| Q1 2017 | 2017-03-31 | 7.47% | +1.59 pp |
| Q4 2016 | 2016-12-31 | 7.30% | +2.28 pp |
| Q3 2016 | 2016-09-30 | 7.78% | +13.26 pp |
| Q2 2016 | 2016-06-30 | 3.72% | −2.25 pp |
| Q1 2016 | 2016-03-31 | 5.88% | +0.33 pp |
| Q4 2015 | 2015-12-31 | 5.01% | −0.66 pp |
| Q3 2015 | 2015-09-30 | −5.48% | −8.58 pp |
| Q2 2015 | 2015-06-30 | 5.97% | +0.86 pp |
| Q1 2015 | 2015-03-31 | 5.55% | +1.83 pp |
| Q4 2014 | 2014-12-31 | 5.67% | −0.32 pp |
| Q3 2014 | 2014-09-30 | 3.10% | −1.50 pp |
| Q2 2014 | 2014-06-30 | 5.11% | −0.14 pp |
| Q1 2014 | 2014-03-31 | 3.72% | −1.18 pp |
| Q4 2013 | 2013-12-31 | 5.99% | +1.33 pp |
| Q3 2013 | 2013-09-30 | 4.60% | −0.41 pp |
| Q2 2013 | 2013-06-30 | 5.24% | −0.03 pp |
| Q1 2013 | 2013-03-31 | 4.90% | −0.39 pp |
| Q4 2012 | 2012-12-31 | 4.65% | −0.14 pp |
| Q3 2012 | 2012-09-30 | 5.01% | +0.54 pp |
| Q2 2012 | 2012-06-30 | 5.28% | +0.62 pp |
| Q1 2012 | 2012-03-31 | 5.29% | +1.26 pp |
| Q4 2011 | 2011-12-31 | 4.80% | +1.13 pp |
| Q3 2011 | 2011-09-30 | 4.46% | +1.52 pp |
| Q2 2011 | 2011-06-30 | 4.66% | +1.63 pp |
| Q1 2011 | 2011-03-31 | 4.03% | — |
| Q4 2010 | 2010-12-31 | 3.67% | — |
| Q3 2010 | 2010-09-30 | 2.94% | — |
| Q2 2010 | 2010-06-30 | 3.03% | — |
Lincoln Electric Holdings return on equity trends
Over the last five fiscal years, Lincoln Electric Holdings's return on equity increased from 25.63% to 37.22%, a change of +11.59 percentage points. The latest reported quarter, Q2 2026, shows 10.34%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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