Lincoln Electric Holdings Inc - Company Profile
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Lincoln Electric Holdings Inc (Lincoln Electric) is a leader in industrial machinery and technology, engaged in the designing, development, and manufacture of arc welding solutions, automated joining, assembly and cutting systems, and plasma and oxyfuel cutting equipment. The company's main activities include providing innovative solutions that enhance quality and productivity in processes such as welding, cutting, brazing, machining, process automation, and field repair. Lincoln Electric's major products encompass arc welding equipment, filler metals, cutting systems, wire feeding systems, fume control equipment, welding accessories, specialty gas regulators, mobile power equipment, software, and education solutions. The company's products serve a diverse range of customers across industries such as general fabrication, energy, heavy industries, automotive and transportation, and structural steel construction. Lincoln Electric distributes its products through industrial distributors, retailers, and direct sales to users, including OEMs, manufacturers, and integrators. The company has a business presence in various countries such as the Americas, Europe, the Middle East, Africa, Asia, and Australia. Lincoln Electric is headquartered in Cleveland, Ohio, the US.
Headquarters
United States of America
Address
22801 St Clair Ave, Cleveland, Ohio, 44117
Website
www.lincolnelectric.com/en
Telephone
1 216 4818100
No of Employees
12,000
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
LECO (NASD)
Revenue (2024)
$4.2B
5.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
11.7%
(2024 vs 2023)
Market Cap*
$13.4B
Net Profit Margin (2024)
XYZ
5.8%
(2024 vs 2023)
* As of and is in US$
Lincoln Electric Holdings Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Equipment: | Training Programs | Power MIG |
| Welding Equipment | Technical Consulting | Lincoln Electric |
| Cutting Equipment | Application Support | Ready-Pak |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In December, the company launched the new VIKING 3350 ADV Graphics. |
| 2025 | New Products/Services | In September, the company introduced the Velion 50kW DC Fast Charger. |
| 2025 | Acquisitions/Mergers/Takeovers | In August, the company acquired the remaining 65% stake in Alloy Steel Australia (Int) Pty Ltd. and its related businesses. |
Competitor Comparison
| Key Parameters | Lincoln Electric Holdings Inc | Xylem Inc | AMETEK Inc | Regal Rexnord Corp | Snap-on Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Cleveland | Washington | Berwyn | Milwaukee | Kenosha |
| State/Province | Ohio | WashingtonD.C. | Pennsylvania | Wisconsin | Wisconsin |
| No. of Employees | 12,000 | 23,132 | 22,500 | 29,200 | 13,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Steven B. Hedlund | Chairman; Chief Executive Officer; President | Executive Board | 2024 | 59 |
| Gabriel Bruno | Chief Financial Officer; Executive Vice President; Treasurer | Senior Management | 2020 | 58 |
| Lisa A. Dietrich | Chief Digital Information Officer; Executive Vice President | Senior Management | 2025 | 53 |
| Susan C. Edwards | Chief Human Resources Officer; Executive Vice President | Senior Management | 2025 | 63 |
| Jennifer I. Ansberry | Executive Vice President; General Counsel; Secretary | Senior Management | 2017 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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