Lincoln Electric Holdings Inc (LECO)

Net profit margin

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 545,248 497,751 477,633 468,125 472,224 437,505 360,037 328,319 276,466 267,117 293,839 224,730 206,115 204,753 218,735 277,191 293,109 316,232 314,310 297,722
Revenue (ttm) US$ in thousands 4,188,990 4,038,874 3,953,564 3,875,103 3,761,211 3,674,528 3,545,742 3,402,607 3,234,180 3,083,723 2,946,157 2,710,430 2,655,400 2,697,913 2,759,808 2,946,089 3,003,272 3,010,792 3,017,108 3,030,152
Net profit margin 13.02% 12.32% 12.08% 12.08% 12.56% 11.91% 10.15% 9.65% 8.55% 8.66% 9.97% 8.29% 7.76% 7.59% 7.93% 9.41% 9.76% 10.50% 10.42% 9.83%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $545,248K ÷ $4,188,990K
= 13.02%

Based on the data provided, the net profit margin of Lincoln Electric Holdings, Inc. has been relatively stable over the past eight quarters. The net profit margin ranged from 9.65% to 13.01% during this period.

In Q4 2023, the net profit margin was at 13.01%, representing the highest profitability among the quarters analyzed. The company maintained a consistent profitability with margins above 10% in most quarters, indicating efficient cost management and revenue generation.

Overall, the trend in net profit margin suggests that Lincoln Electric Holdings, Inc. has been effectively controlling its expenses and maximizing its profitability, which is a positive indicator of the company's financial health and operational efficiency.


Peer comparison

Dec 31, 2023

Company name
Symbol
Net profit margin
Lincoln Electric Holdings Inc
LECO
13.02%
SPX Corp
SPXC
5.25%