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Lincoln Electric revenue
Lincoln Electric's revenue is $4.0 billion.
What is Lincoln Electric's revenue?
- Lincoln Electric's revenue growth from 2000 to 2024 is 278.68%.
- Lincoln Electric has 10,001 employees, and the revenue per employee ratio is $400,826.
- Lincoln Electric's peak quarterly revenue was $1.1B in 2023(q2).
- Lincoln Electric peak revenue was $4.2B in 2023.
- Lincoln Electric annual revenue for 2023 was 4.2B, 11.44% growth from 2022.
- Lincoln Electric annual revenue for 2024 was 4.0B, -4.37% growth from 2023.
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Lincoln Electric historical revenue
Lincoln Electric's peak revenue was $4.2B in 2023. The peak quarterly revenue was $1.1B in 2023(q2).
Lincoln Electric's revenue increased from $1.1b in 2000 to $4.0B currently. That's a 278.68% change in annual revenue.
Lincoln Electric annual revenue
Lincoln Electric annual revenue over time
| Fiscal year / year | Lincoln Electric revenue |
|---|---|
| 2009 | $1.7B |
| 2010 | $2.1B |
| 2011 | $2.7B |
| 2012 | $2.9B |
| 2013 | $2.9B |
| 2014 | $2.8B |
| 2015 | $2.5B |
| 2016 | $2.3B |
| 2017 | $2.6B |
| 2018 | $3.0B |
| 2019 | $3.0B |
| 2020 | $2.7B |
| 2021 | $3.2B |
| 2022 | $3.8B |
| 2023 | $4.2B |
| 2024 | $4.0B |
How accurately did Lincoln Electric's revenue projections match actual performance?
Lincoln Electric annual growth
Lincoln Electric saw the greatest revenue growth in 2011, when revenue increased by 30.16%.
Lincoln Electric had the lowest revenue growth in 2009, when revenue changed by -30.25%.
Lincoln Electric annual growth rate over time
| Year | Lincoln Electric growth |
|---|---|
| 2009 | -30%↓ |
| 2010 | 20%↑ |
| 2011 | 30%↑ |
| 2012 | 6%↑ |
| 2013 | -0%↓ |
| 2014 | -1%↓ |
| 2015 | -10%↓ |
| 2016 | -10%↓ |
| 2017 | 15%↑ |
| 2018 | 15%↑ |
| 2019 | -1%↓ |
| 2020 | -12%↓ |
| 2021 | 22%↑ |
| 2022 | 16%↑ |
| 2023 | 11%↑ |
| 2024 | -4%↓ |
Lincoln Electric quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Lincoln Electric quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $411.8M | $413.3M | $441.8M | $462.4M |
| 2010 | $471.0M | $515.6M | $519.3M | $564.3M |
| 2011 | $599.2M | $699.3M | $701.6M | $694.5M |
| 2012 | $727.1M | $744.0M | $697.6M | $684.6M |
| 2013 | $718.6M | $727.4M | $691.9M | $714.8M |
| 2014 | $685.1M | $728.5M | $715.8M | $684.0M |
| 2015 | $657.9M | $664.7M | $645.2M | $568.0M |
| 2016 | $550.7M | $592.4M | $567.6M | $563.8M |
| 2017 | $580.9M | $626.9M | $669.5M | $747.2M |
| 2018 | $757.7M | $790.1M | $737.1M | $743.8M |
| 2019 | $759.2M | $777.0M | $730.8M | $736.3M |
| 2020 | $702.0M | $590.7M | $668.9M | $693.8M |
| 2021 | $757.0M | $826.5M | $806.5M | $844.3M |
| 2022 | $925.4M | $969.6M | $935.2M | $930.9M |
| 2023 | $1.0B | $1.1B | $1.0B | $1.1B |
| 2024 | $981.2M | $1.0B | $983.8M | $1.0B |
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Lincoln Electric financial information
| CEO | Christopher Lee Mapes |
| Industry | Capital Goods |
| Company Type | Public |
| Employees Number | 10,001 |
| Date Founded | 1895 |
| Headquarters | Cleveland, Ohio |
| Number of Locations | 26 |
| Revenue | $4.0B |
| Net Income | $472,224,000 |
| Gross Proft | $1.5B (2024) |
| PE Ratio | 11.88 |
| Tax Rate | 0.2% |
| Market Capitalization | $5.5B |
| Total Assets | $3,180,546,000 |
| Ticker | LECO |
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Lincoln Electric competitors
Lincoln Electric's top competitor, A. O. Smith, earned an annual revenue of $3.8B.
Lincoln Electric's smallest competitor is Windy City Wire with revenue of $24.0M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Victor Technologies | $56,840 | $220.0M | 724 | - |
| Hobart Filler Metals | $46,542 | $180.0M | 750 | - |
| Miller Welders | $54,047 | $380.0M | 1,130 | - |
| Wolf Robotics | $53,343 | $75.0M | 130 | - |
| TIDI | $43,252 | $234.3M | 250 | 3 |
| Rea Magnet Wire | $40,060 | $170.0M | 800 | 118 |
| DuraFiber Technologies | $44,941 | $153.3M | 3,000 | - |
| Superior Essex | $54,901 | $3.0B | 3,800 | - |
| Encore Wire | $36,028 | $2.6B | 1,440 | 13 |
| PPI | $44,843 | $150.0M | 500 | 3 |
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Zippia gives an in-depth look into the details of Lincoln Electric, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lincoln Electric. The employee data is based on information from people who have self-reported their past or current employments at Lincoln Electric. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lincoln Electric. The data presented on this page does not represent the view of Lincoln Electric and its employees or that of Zippia.
Lincoln Electric may also be known as or be related to Lincoln Electric, Lincoln Electric Holdings, Lincoln Electric Holdings Inc, Lincoln Electric Holdings Inc. and Lincoln Electric Holdings, Inc.