Lincoln Electric PE ratio LECO
Share price divided by earnings per share over the last twelve months, since 2011.
- Today, Oct 23, 2026
- 25.6×
- 10-year median
- 24.7×
- Against its 10-year history
- 58th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 13.8× to 37.1×
- Peer median
- 32.1×
Lincoln Electric's PE ratio is 25.6× as of Oct 23, 2026: a share price of $255.96 against $10.01 of earnings per share over the last twelve months.
That is above its ten-year median of 24.7×, close to the middle of its last ten years.
Over that time it ranged from 13.8× in Mar 2020 to 37.1× in Apr 2021.
The median for 10 industrial machinery stocks of a similar size is 32.1×.
PE ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 25.6× | 25.3× | 32.0× |
| 2025 | 26.4× | 21.1× | 28.1× |
| 2024 | 22.7× | 19.3× | 29.3× |
| 2023 | 25.5× | 19.2× | 26.0× |
| 2022 | 19.4× | 18.9× | 31.5× |
| 2021 | 31.4× | 26.8× | 37.1× |
| 2020 | 34.6× | 13.8× | 35.9× |
| 2019 | 19.5× | 16.5× | 26.1× |
| 2018 | 22.8× | 20.9× | 25.4× |
| 2017 | 22.0× | 20.8× | 32.3× |
| 2016 | 27.6× | 23.2× | 62.3× |
| 2015 | 26.3× | 15.9× | 30.9× |
| 2014 | 21.4× | 18.0× | 23.0× |
| 2013 | 22.2× | 16.6× | 22.5× |
| 2012 | 16.0× | 13.4× | 17.7× |
| 2011 | 13.3× | 10.9× | 16.1× |
Against its peers
Companies in Industrial - Machinery nearest Lincoln Electric's size, closest first, today.
| Company | PE ratio |
|---|---|
| LECOLincoln Electric | 25.6× |
| RBCRBC Bearings INC | 46.6× |
| LIILennox International | 16.7× |
| WTSWatts Water Technologies | 31.3× |
| BWXTBWX Technologies | 33.0× |
| IEXIDEX | 32.9× |
| ITTITT | 37.3× |
| NDSNNordson | 32.2× |
| GGGGraco | 21.1× |
| MOG-AMoog | 29.0× |
| CRCrane | 32.0× |
| Peer median | 32.1× |
Where Lincoln Electric ranks
What the PE ratio tells you
Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.
Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.
More on Lincoln Electric
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.