Lincoln Electric Holdings Inc (LECO)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 466,108 | 482,522 | 511,109 | 546,732 | 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 |
| Revenue (ttm) | US$ in thousands | 4,007,387 | 4,043,867 | 4,093,318 | 4,132,638 | 4,191,620 | 4,064,044 | 3,966,074 | 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 |
| Net profit margin | 11.63% | 11.93% | 12.49% | 13.23% | 13.01% | 12.25% | 12.04% | 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% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $466,108K ÷ $4,007,387K
= 11.63%
The net profit margin of Lincoln Electric Holdings Inc has shown a fluctuating trend over the period under analysis. Starting at 9.41% in March 2020, the net profit margin dipped to a low of 7.59% by September 2020 before slightly recovering to 8.29% in March 2021. Subsequently, there was a notable improvement in the net profit margin, reaching 10.15% by June 2022. This positive trend continued until December 2023 when the net profit margin peaked at 13.01%. However, in the last quarter of 2024, the net profit margin declined to 11.63%.
Overall, Lincoln Electric Holdings Inc has demonstrated a generally healthy net profit margin performance, with occasional fluctuations that reflect changes in the company's profitability over time. It is important for investors and analysts to closely monitor these fluctuations to gauge the company's financial health and sustainability of its profit margins.
Peer comparison
Dec 31, 2024