Lincoln Electric EV/EBIT LECO

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2011.

Today, Oct 23, 2026: 19.3×
10-year median: 18.0×
Against its 10-year history: 64th; percentile: 0 is its lowest day, 100 its highest
10-year range: 12.0× to 24.8×
Peer median: 24.1×

Lincoln Electric's EV/EBIT is 19.3× as of Oct 23, 2026.

That is above its ten-year median of 18.0×, close to the middle of its last ten years.

Over that time it ranged from 12.0× in Mar 2020 to 24.8× in Apr 2021.

The median for 10 industrial machinery stocks of a similar size is 24.1×.

EV/EBIT over time

median 18×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	19.3×	19.1×	24.3×
2025	20.3×	16.4×	21.2×
2024	17.2×	15.4×	22.8×
2023	20.0×	16.0×	20.7×
2022	15.1×	13.6×	20.7×
2021	20.7×	20.0×	24.8×
2020	23.2×	12.0×	24.0×
2019	17.0×	13.5×	17.1×
2018	14.5×	14.2×	17.7×
2017	16.3×	15.5×	22.8×
2016	17.8×	14.8×	31.6×
2015	16.3×	9.1×	19.2×
2014	11.7×	11.2×	14.5×
2013	14.0×	10.6×	14.5×
2012	10.1×	8.5×	13.4×
2011	11.3×	5.6×	11.4×

Against its peers

Companies in Industrial - Machinery nearest Lincoln Electric's size, closest first, today.

Company	EV/EBIT
LECOLincoln Electric	19.3×
RBCRBC Bearings INC	33.9×
LIILennox International	13.7×
WTSWatts Water Technologies	22.9×
BWXTBWX Technologies	30.7×
IEXIDEX	24.5×
ITTITT	29.6×
NDSNNordson	23.8×
GGGGraco	16.3×
MOG-AMoog	20.2×
CRCrane	24.4×
Peer median	24.1×

Where Lincoln Electric ranks

#32of 71Industrial machinery stocks with the lowest EV/EBIT

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Lincoln Electric

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.