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