Lincoln Electric (LECO) Revenue & Revenue Breakdown

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Lincoln Electric Revenue Highlights

Latest Revenue (Y)

$4.01B

Latest Revenue (Q)

$1.09B

Main Segment (Y)

Welding Consumables

Main Geography (Y)

Americas Welding

Lincoln Electric Revenue by Period

Lincoln Electric Revenue by Year

Date	Revenue	Change
2024-12-31	$4.01B	-4.37%
2023-12-31	$4.19B	11.44%
2022-12-31	$3.76B	16.30%
2021-12-31	$3.23B	21.80%
2020-12-31	$2.66B	-11.58%
2019-12-31	$3.00B	-0.84%
2018-12-31	$3.03B	15.40%
2017-12-31	$2.62B	15.38%
2016-12-31	$2.27B	-10.30%
2015-12-31	$2.54B	-9.86%
2014-12-31	$2.81B	-1.38%
2013-12-31	$2.85B	-0.02%
2012-12-31	$2.85B	5.89%
2011-12-31	$2.69B	30.16%
2010-12-31	$2.07B	19.71%
2009-12-31	$1.73B	-30.25%
2008-12-31	$2.48B	8.70%
2007-12-31	$2.28B	15.66%
2006-12-31	$1.97B	23.15%
2005-12-31	$1.60B	20.06%
2004-12-31	$1.33B	28.17%
2003-12-31	$1.04B	4.68%
2002-12-31	$994.08M	1.55%
2001-12-31	$978.88M	-7.53%
2000-12-31	$1.06B	-2.54%
1999-12-31	$1.09B	-8.47%
1998-12-31	$1.19B	2.38%
1997-12-31	$1.16B	4.51%
1996-12-31	$1.11B	7.43%
1995-12-31	$1.03B	13.86%
1994-12-31	$906.70M	-

Lincoln Electric generated $4.01B in revenue during NA 2024, up -4.37% compared to the previous quarter, and up 133.48% compared to the same period a year ago.

Lincoln Electric Revenue by Quarter

Date	Revenue	Change
2025-06-30	$1.09B	8.39%
2025-03-31	$1.00B	-1.73%
2024-12-31	$1.02B	3.89%
2024-09-30	$983.76M	-3.67%
2024-06-30	$1.02B	4.17%
2024-03-31	$980.36M	-7.38%
2023-12-31	$1.06B	2.45%
2023-09-30	$1.03B	-2.58%
2023-06-30	$1.06B	2.04%
2023-03-31	$1.04B	11.65%
2022-12-31	$930.93M	-0.46%
2022-09-30	$935.24M	-3.54%
2022-06-30	$969.59M	4.77%
2022-03-31	$925.45M	9.62%
2021-12-31	$844.25M	4.69%
2021-09-30	$806.45M	-2.42%
2021-06-30	$826.45M	9.17%
2021-03-31	$757.02M	9.11%
2020-12-31	$693.79M	3.72%
2020-09-30	$668.89M	13.23%
2020-06-30	$590.73M	-15.85%
2020-03-31	$701.99M	-4.66%
2019-12-31	$736.31M	0.76%
2019-09-30	$730.78M	-5.95%
2019-06-30	$777.01M	2.35%
2019-03-31	$759.17M	2.06%
2018-12-31	$743.83M	0.91%
2018-09-30	$737.10M	-6.70%
2018-06-30	$790.05M	4.27%
2018-03-31	$757.70M	1.41%
2017-12-31	$747.18M	11.60%
2017-09-30	$669.49M	6.80%
2017-06-30	$626.86M	7.91%
2017-03-31	$580.90M	3.03%
2016-12-31	$563.83M	-0.67%
2016-09-30	$567.65M	-4.18%
2016-06-30	$592.42M	7.57%
2016-03-31	$550.72M	-3.04%
2015-12-31	$567.99M	-11.96%
2015-09-30	$645.17M	-2.94%
2015-06-30	$664.74M	1.04%
2015-03-31	$657.90M	-3.81%
2014-12-31	$683.95M	-4.45%
2014-09-30	$715.78M	-1.75%
2014-06-30	$728.53M	6.35%
2014-03-31	$685.06M	-4.16%
2013-12-31	$714.79M	3.31%
2013-09-30	$691.88M	-4.89%
2013-06-30	$727.43M	1.23%
2013-03-31	$718.57M	4.96%
2012-12-31	$684.65M	-1.85%
2012-09-30	$697.55M	-6.25%
2012-06-30	$744.04M	2.33%
2012-03-31	$727.12M	4.70%
2011-12-31	$694.51M	-1.01%
2011-09-30	$701.62M	0.33%
2011-06-30	$699.29M	16.71%
2011-03-31	$599.18M	6.18%
2010-12-31	$564.29M	8.66%
2010-09-30	$519.34M	0.73%
2010-06-30	$515.58M	9.48%
2010-03-31	$470.96M	1.84%
2009-12-31	$462.45M	4.67%
2009-09-30	$441.80M	6.90%
2009-06-30	$413.28M	0.37%
2009-03-31	$411.75M	-21.75%
2008-12-31	$526.19M	-16.86%
2008-09-30	$632.89M	-9.56%
2008-06-30	$699.83M	12.83%
2008-03-31	$620.23M	6.88%
2007-12-31	$580.28M	-

Lincoln Electric generated $1.09B in revenue during Q2 2025, up 8.39% compared to the previous quarter, and up 111.05% compared to the same period a year ago.

Lincoln Electric Revenue Breakdown

Lincoln Electric Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Welding Consumables	$2.09B	$2.21B	$2.18B	$1.86B	$1.51B
Welding Equipment	$1.92B	$1.98B	$1.58B	$1.38B	$1.15B

Lincoln Electric's latest annual revenue breakdown by segment (product or service), as of Dec 24: Welding Consumables (52.11%), and Welding Equipment (47.89%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
Intersegment Eliminations	$-56.14M	$-41.19M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Americas Welding	$740.12M	$683.48M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
International Welding	$240.47M	$225.89M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
The Harris Products Group	$164.23M	$136.20M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Welding Consumables	-	$520.60M	$1.03B	$514.58M	$546.42M	$1.06B	$577.91M	$569.68M	$527.41M	$547.60M	$568.86M	$539.16M	$481.31M	$465.83M	$475.56M	$434.18M	$390.82M	$379.18M	$333.67M	$405.84M
Welding Equipment	-	$483.79M	$975.50M	$469.18M	$475.26M	$1.03B	$482.65M	$469.66M	$403.53M	$387.64M	$400.73M	$386.29M	$362.94M	$340.63M	$350.89M	$322.84M	$302.97M	$289.71M	$257.06M	$296.15M

Lincoln Electric's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Americas Welding (67.98%), International Welding (22.09%), The Harris Products Group (15.09%), and Intersegment Eliminations (-5.16%).

Lincoln Electric Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Americas Welding	$2.70B	$2.78B	-	-	-
Other foreign countries	-	-	$1.63B	$1.51B	-
United States	-	-	-	$1.73B	-
U	-	-	-	-	$1.43B
Other Foreign Countries	-	-	-	-	$1.22B

Lincoln Electric's latest annual revenue breakdown by geography, as of Dec 24: Americas Welding (100.00%).

Quarterly Revenue by Country

Country	Mar 25	Dec 24	Sep 24	Jun 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Americas Welding	$683.48M	$1.35B	$667.87M	$686.74M	$1.42B	$676.97M	$690.96M	$603.07M	$620.98M	$624.69M	$562.21M	$510.92M	$498.99M	$497.23M	$457.99M	$400.90M	$360.72M	$443.32M	$465.94M	$474.62M

Lincoln Electric's latest quarterly revenue breakdown by geography, as of Mar 25: Americas Welding (100.00%).

Lincoln Electric Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
SWK	Stanley Black & Decker	$15.37B	$3.95B
RYAAY	Ryanair	$13.44B	$2.17B
STN	Stantec	$6.48B	$1.72B
BLD	TopBuild	$5.33B	$1.30B
LECO	Lincoln Electric	$4.01B	$1.09B
ITT	ITT	$3.63B	$972.40M
CRS	Carpenter	$2.88B	$733.70M
NDSN	Nordson	$2.63B	$682.94M
GGG	Graco	$2.11B	$543.36M
RBC	RBC Bearings	$1.56B	$436.00M
JBHT	J.B. Hunt Transport Services	-	$3.05B

LECO Revenue FAQ

What is Lincoln Electric’s yearly revenue?

Lincoln Electric's yearly revenue for 2024 was $4.01B, representing a decrease of -4.37% compared to 2023. The company's yearly revenue for 2023 was $4.19B, representing an increase of 11.44% compared to 2022. LECO's yearly revenue for 2022 was $3.76B, representing an increase of 16.30% compared to 2021.

What is Lincoln Electric’s quarterly revenue?

Lincoln Electric's quarterly revenue for Q2 2025 was $1.09B, a 8.39% increase from the previous quarter (Q1 2025), and a 6.60% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $1B, a -1.73% decrease from the previous quarter (Q4 2024), and a 2.45% increase year-over-year (Q1 2024). LECO's quarterly revenue for Q4 2024 was $1.02B, a 3.89% increase from the previous quarter (Q3 2024), and a -3.45% decrease year-over-year (Q4 2023).

What is Lincoln Electric’s revenue growth rate?

Lincoln Electric's revenue growth rate for the last 3 years (2022-2024) was 6.58%, and for the last 5 years (2020-2024) was 50.96%.

What are Lincoln Electric’s revenue streams?

Lincoln Electric's revenue streams in c 24 are Welding Consumables, and Welding Equipment. Welding Consumables generated $2.09B in revenue, accounting 52.11% of the company's total revenue, down -5.59% year-over-year. Welding Equipment generated $1.92B in revenue, accounting 47.89% of the company's total revenue, down -3.00% year-over-year.

What is Lincoln Electric’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Lincoln Electric was Welding Consumables. This segment made a revenue of $2.09B, representing 52.11% of the company's total revenue.