Lincoln Electric Holdings Gross Profit 2010-2023 | LECO
Lincoln Electric Holdings annual/quarterly gross profit history and growth rate from 2010 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Lincoln Electric Holdings gross profit for the quarter ending December 31, 2023 was $0.371B, a 20.47% increase year-over-year.
- Lincoln Electric Holdings gross profit for the twelve months ending December 31, 2023 was $1.465B, a 14.42% increase year-over-year.
- Lincoln Electric Holdings annual gross profit for 2023 was $1.465B, a 14.42% increase from 2022.
- Lincoln Electric Holdings annual gross profit for 2022 was $1.281B, a 19.85% increase from 2021.
- Lincoln Electric Holdings annual gross profit for 2021 was $1.069B, a 22.64% increase from 2020.
Lincoln Electric Holdings Annual Gross Profit
(Millions of US $) |
| 2023 |
$1,465 |
| 2022 |
$1,281 |
| 2021 |
$1,069 |
| 2020 |
$871 |
| 2019 |
$1,008 |
| 2018 |
$1,029 |
| 2017 |
$875 |
| 2016 |
$787 |
| 2015 |
$841 |
| 2014 |
$949 |
| 2013 |
$943 |
| 2012 |
$867 |
| 2011 |
$737 |
| 2010 |
$564 |
| 2009 |
$456 |
Lincoln Electric Holdings Quarterly Gross Profit
(Millions of US $) |
| 2023-12-31 |
$371 |
| 2023-09-30 |
$366 |
| 2023-06-30 |
$373 |
| 2023-03-31 |
$355 |
| 2022-12-31 |
$308 |
| 2022-09-30 |
$310 |
| 2022-06-30 |
$333 |
| 2022-03-31 |
$330 |
| 2021-12-31 |
$273 |
| 2021-09-30 |
$268 |
| 2021-06-30 |
$274 |
| 2021-03-31 |
$254 |
| 2020-12-31 |
$229 |
| 2020-09-30 |
$215 |
| 2020-06-30 |
$189 |
| 2020-03-31 |
$237 |
| 2019-12-31 |
$241 |
| 2019-09-30 |
$238 |
| 2019-06-30 |
$270 |
| 2019-03-31 |
$258 |
| 2018-12-31 |
$250 |
| 2018-09-30 |
$252 |
| 2018-06-30 |
$270 |
| 2018-03-31 |
$257 |
| 2017-12-31 |
$238 |
| 2017-09-30 |
$218 |
| 2017-06-30 |
$216 |
| 2017-03-31 |
$203 |
| 2016-12-31 |
$195 |
| 2016-09-30 |
$200 |
| 2016-06-30 |
$203 |
| 2016-03-31 |
$189 |
| 2015-12-31 |
$196 |
| 2015-09-30 |
$199 |
| 2015-06-30 |
$226 |
| 2015-03-31 |
$220 |
| 2014-12-31 |
$231 |
| 2014-09-30 |
$242 |
| 2014-06-30 |
$250 |
| 2014-03-31 |
$226 |
| 2013-12-31 |
$243 |
| 2013-09-30 |
$233 |
| 2013-06-30 |
$240 |
| 2013-03-31 |
$227 |
| 2012-12-31 |
$213 |
| 2012-09-30 |
$213 |
| 2012-06-30 |
$225 |
| 2012-03-31 |
$215 |
| 2011-12-31 |
$194 |
| 2011-09-30 |
$185 |
| 2011-06-30 |
$196 |
| 2011-03-31 |
$161 |
| 2010-12-31 |
$148 |
| 2010-09-30 |
$144 |
| 2010-06-30 |
$149 |
| 2010-03-31 |
$123 |
| 2009-12-31 |
$134 |
| 2009-09-30 |
$125 |
| 2009-06-30 |
$106 |
| 2009-03-31 |
$90 |
| Sector |
Industry |
Market Cap |
Revenue |
| Industrial Products |
Machine Tools & Related Products |
$13.577B |
$4.192B |
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Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc welding systems, plasma and oxy-fuel cutting equipment and has a leading global position in the brazing and soldering alloys market. It operates through three segments: Americas Welding, International Welding, and The Harris Products Group. The company's welding products include arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products. It also provides computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, the company is involved in the retail business in the United States.
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