Lincoln Electric (LECO) Reports Record Cash Flow and Earnings, Yet Revenue Growth Slows to 5.6%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 30 2025
0mins
Source: Yahoo Finance
Earnings Performance: Lincoln Electric reported an adjusted EPS of $2.47, beating expectations of $2.42, and revenue of $1.06 billion, slightly above the $1.05 billion estimate, with significant profitability gains and record operating cash flow.
Profitability Gains: The company achieved an adjusted operating margin of 17.4%, with adjusted net income rising 21.71% year over year, indicating strong execution and consistent performance.
Revenue Concerns: Despite the revenue beat, organic growth of 5.6% is slowing compared to previous quarters, raising concerns about the core business momentum and market conditions.
Cash Generation and Dividends: Operating cash flow reached a record $236.7 million, allowing for a 5.3% increase in quarterly dividends to $0.79 per share, reflecting confidence in cash generation and shareholder returns.
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Analyst Views on LECO
Wall Street analysts forecast LECO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LECO is 269.25 USD with a low forecast of 252.00 USD and a high forecast of 285.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
4 Buy
2 Hold
1 Sell
Moderate Buy
Current: 256.770
Low
252.00
Averages
269.25
High
285.00
Current: 256.770
Low
252.00
Averages
269.25
High
285.00
About LECO
Lincoln Electric Holdings, Inc. is a manufacturer of welding, cutting and brazing products. The Company’s segments include Americas Welding, International Welding, and the Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment includes welding operations in Europe, Africa, Asia, and Australia. The Harris Products Group includes the Company’s global oxyfuel cutting, soldering and brazing businesses and its retail business in the United States. Its products include arc welding, brazing and soldering filler metals (consumables), arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, specialty gas regulators, and education solutions; and a comprehensive portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Webcast Availability: The event will be accessible via webcast in listen-only mode, allowing investors to participate through the company's investor relations homepage, thereby enhancing engagement and transparency with stakeholders.
- Global Business Operations: Lincoln Electric operates 71 manufacturing and automation system integration locations across 20 countries, serving customers in over 160 countries, demonstrating its leadership position and significant influence in the global welding market.
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