Lincoln Electric reported record third-quarter sales of $1,221,000,000 and adjusted EPS of $2.98, up 21%. It expects full-year sales growth in the low teens percent range, fourth-quarter price-cost neutrality, and capital expenditure of $140 to $150 million.
LECO · Lincoln Electric Holdings Inc · Documents
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Lincoln Electric Holdings, Inc. reported third-quarter net sales of $1,221,281, up 15.1%, and net income of $144,346, up 17.7%; operating income margin improved to 17.3% despite gross margin declining to 34.8%.
Lincoln Electric Holdings Inc reported third-quarter 2026 net sales increased 15.1% to $1,221 million, diluted EPS increased 19% to $2.63, and adjusted operating income margin rose to 18.0%. The Board declared a quarterly cash dividend of $0.87 per share.
Lincoln said broad industrial demand and automation were strengthening, automotive remained weak, price-cost neutrality was expected in the fourth quarter, and it planned to begin taking orders for its FabTech physical AI offering in the fourth quarter.