Lincoln Electric Balance Sheet
NASDAQ: LECOIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lincoln Electric financial position
At the end of fiscal 2025, Lincoln Electric reported total assets of $3.78 billion, up 7.3% from a year earlier against total liabilities of $2.31 billion. Shareholders' equity stood at $1.47 billion, or 38.9% of assets. The company held $308.8 million in cash and equivalents against $1.29 billion of debt, a net debt position of $985.2 million.
The current ratio (current assets divided by current liabilities) was 1.82, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.88.
Summary generated from market data by MetaCap's automated system. Methodology
Lincoln Electric balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 308.79M | 377.26M | 393.79M | 197.15M | 192.96M | 257.28M | 199.56M | 358.85M | 326.70M | 379.18M |
| Receivables | 538.79M | 481.98M | 538.83M | 541.53M | 429.07M | 373.49M | 374.65M | 396.88M | 395.28M | 273.99M |
| Inventory | 633.36M | 544.04M | 562.86M | 665.45M | 539.92M | 381.26M | 393.75M | 361.83M | 348.67M | 255.41M |
| Total Current Assets | 1.74B | 1.65B | 1.69B | 1.56B | 1.29B | 1.11B | 1.08B | 1.24B | 1.37B | 1.04B |
| Property, Plant & Equipment | 702.76M | 619.18M | 575.32M | 544.87M | 511.74M | 522.09M | 529.34M | 478.80M | 477.03M | 372.38M |
| Goodwill | 886.69M | 804.93M | 694.45M | 665.26M | 430.16M | 335.59M | 337.11M | 281.29M | 234.58M | 231.92M |
| Intangible Assets | 250.42M | 221.00M | 186.67M | 202.71M | 149.39M | 134.45M | 177.80M | 147.95M | 127.45M | 130.09M |
| Total Assets | 3.78B | 3.52B | 3.38B | 3.18B | 2.59B | 2.31B | 2.37B | 2.35B | 2.41B | 1.94B |
| Accounts Payable | 364.93M | 296.59M | 325.44M | 352.08M | 330.23M | 256.53M | 273.00M | 268.60M | 269.76M | 176.76M |
| Short-Term Debt | 143.78M | 110.52M | 2.44M | 93.48M | 52.73M | 2.73M | 34.97M | 111.00K | 2.13M | 1.89M |
| Total Current Liabilities | 956.69M | 878.80M | 754.61M | 852.90M | 755.90M | 549.45M | 563.13M | 538.18M | 528.74M | 388.11M |
| Long-Term Debt | 1.15B | 1.15B | 1.10B | 1.11B | 717.09M | 715.46M | 712.30M | 702.55M | 704.14M | 703.70M |
| Total Liabilities | 2.31B | 2.19B | 2.07B | 2.15B | 1.73B | 1.52B | 1.55B | 1.46B | 1.47B | 1.23B |
| Shareholders' Equity | 1.47B | 1.33B | 1.31B | 1.03B | 863.91M | 790.25M | 818.17M | 886.94M | 931.64M | 711.48M |
| Retained Earnings | 4.34B | 3.99B | 3.69B | 3.31B | 2.97B | 2.82B | 2.74B | 2.56B | 2.39B | 2.24B |
| Total Debt | 1.29B | 1.26B | 1.11B | 1.20B | 769.82M | 718.19M | 747.27M | 702.66M | 706.27M | 705.59M |
| Net Cash (Debt) | -985.22M | -883.81M | -711.42M | -1.01B | -576.86M | -460.91M | -547.71M | -343.81M | -379.57M | -326.41M |
| Shares Outstanding | 54.85M | 56.21M | 56.98M | 57.62M | 58.79M | 59.64M | 60.59M | 63.55M | 65.66M | 65.67M |
This table shows 10 annual periods of Lincoln Electric's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow LECO's reporting calendar. What is a balance sheet?