Lincoln Electric Cash Flow Statement
NASDAQ: LECOIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lincoln Electric free cash flow
In fiscal 2025, Lincoln Electric generated $661.2 million of operating cash flow and spent $127.0 million on capital expenditures. That left free cash flow of $534.2 million, a free-cash-flow margin of 12.6% of revenue. Free cash flow was up 10.7% from the prior year's $482.4 million.
Lincoln Electric returned $506.5 million to shareholders: $168.2 million in dividends and $338.3 million in share repurchases, equal to 95% of free cash flow. Free cash flow covered dividend payments 3.2 times.
Summary generated from market data by MetaCap's automated system. Methodology
Lincoln Electric cash flow statement (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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 520.53M | 466.11M | 545.25M | 472.22M | 276.58M | 206.14M | 293.08M | 286.99M | 247.47M | 198.37M |
| Net Income growth (YoY) | +11.68% | -14.51% | +15.46% | +70.74% | +34.17% | -29.66% | +2.12% | +15.97% | +24.75% | +55.69% |
| Depreciation & Amortization | 98.55M | 88.24M | 86.67M | 78.06M | 81.15M | 80.49M | 81.49M | 72.35M | 68.11M | 65.07M |
| Stock-Based Compensation | 20.35M | 24.05M | 26.23M | 25.27M | 23.79M | 15.39M | 16.62M | 18.55M | 12.70M | 10.33M |
| Change in Working Capital | -17.96M | 50.99M | 105.05M | -129.35M | -137.80M | 8.41M | 30.03M | -24.33M | 20.51M | 31.91M |
| Operating Cash Flow | 661.17M | 598.98M | 667.54M | 383.39M | 365.06M | 351.36M | 403.19M | 329.15M | 334.85M | 312.56M |
| Capital Expenditures | -126.97M | -116.60M | -90.99M | -71.88M | -62.53M | -59.20M | -69.61M | -71.25M | -61.66M | -49.88M |
| Investing Cash Flow | -257.33M | -361.23M | -74.73M | -504.69M | -205.36M | -49.21M | -192.82M | 20.84M | -272.03M | -159.95M |
| Dividends Paid | -168.24M | -162.14M | -148.01M | -130.72M | -121.85M | -118.12M | -117.92M | -102.06M | -92.45M | -87.33M |
| Share Repurchases | -338.31M | -263.75M | -198.76M | -181.29M | -164.53M | -113.45M | -292.69M | -201.65M | -43.16M | -342.00M |
| Debt Issued | 0 | 550.00M | 0 | 405.44M | — | — | 0 | 0 | 34.00K | 350.26M |
| Debt Repaid | -100.17M | -400.68M | -8.11M | 0 | — | -14.00K | -107.00K | -107.00K | -39.00K | -481.00K |
| Financing Cash Flow | -461.89M | -244.64M | -412.39M | 133.72M | -221.94M | -246.14M | -371.94M | -302.13M | -135.04M | -72.01M |
| Net Change in Cash | -68.47M | -16.52M | 196.64M | 4.19M | -64.32M | 57.72M | -159.29M | 32.15M | -52.48M | 75.00M |
| Free Cash Flow | 534.20M | 482.37M | 576.55M | 311.50M | 302.53M | 292.16M | 333.57M | 257.91M | 273.19M | 262.68M |
This table shows 10 annual periods of Lincoln Electric's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow LECO's reporting calendar. What is a cash flow statement?