Lincoln Electric (LECO) Revenue & Revenue Breakdown

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Lincoln Electric Revenue Highlights

Latest Revenue (Y)

$4.01B

Latest Revenue (Q)

$1.06B

Main Segment (Y)

Americas Welding

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
2025-09-30	$1.06B	-2.52%
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	4.08%
2024-03-31	$981.20M	-7.30%
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 $1.06B in revenue during Q3 2025, up -2.52% compared to the previous quarter, and up 103.92% 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
The Harris Products Group	$522.42M	-	-	-	-
Welding Consumables	$2.09B	$2.21B	$2.18B	$1.86B	$1.51B
Welding Equipment	$1.92B	$1.98B	$1.58B	$1.38B	$1.15B
Americas Welding	$2.70B	-	-	-	-
International Welding	$969.58M	-	-	-	-
Intersegment Eliminations	$-183.94M	-	-	-	-

Lincoln Electric's latest annual revenue breakdown by segment (product or service), as of Dec 24: Americas Welding (33.68%), Welding Consumables (26.05%), Welding Equipment (23.95%), International Welding (12.09%), The Harris Products Group (6.52%), and Intersegment Eliminations (-2.29%).

Quarterly Revenue by Product

Product/Service	Sep 25	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
Reportable Segment, Aggregation before Other Operating Segment	$-43.33M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Americas Welding	$721.85M	$740.12M	$683.48M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
International Welding	$229.46M	$240.47M	$225.89M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
The Harris Products Group	$153.25M	$164.23M	$136.20M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intersegment Eliminations	-	$-56.14M	$-41.19M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
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

Lincoln Electric's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Americas Welding (68.02%), International Welding (21.62%), The Harris Products Group (14.44%), and Reportable Segment, Aggregation before Other Operating Segment (-4.08%).

Lincoln Electric Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
UNITED STATES	$2.36B	-	-	-	-
Americas Welding	$2.70B	$2.78B	-	-	-
Other Foreign Countries	$1.65B	$1.22B	-	-	-
Other foreign countries	-	-	$1.63B	$1.51B	-
United States	-	-	-	$1.73B	-
U	-	-	-	-	$1.43B

Lincoln Electric's latest annual revenue breakdown by geography, as of Dec 24: Americas Welding (40.25%), UNITED STATES (35.10%), and Other Foreign Countries (24.64%).

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
WCC	WESCO	$21.82B	$6.20B
BLDR	Builders FirstSource	$16.40B	$3.94B
SWK	Stanley Black & Decker	$15.37B	$3.76B
HII	Huntington Ingalls Industries	$11.54B	$3.19B
AVY	Avery Dennison	$8.76B	$2.22B
ATI	ATI	$4.36B	$1.13B
LECO	Lincoln Electric	$4.01B	$1.06B
MLI	Mueller Industries	$3.77B	$1.08B
IEX	IDEX	$3.27B	$878.70M
NDSN	Nordson	$2.79B	$682.94M
RBC	RBC Bearings	$1.56B	$455.30M

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 Q3 2025 was $1.06B, a -2.52% decrease from the previous quarter (Q2 2025), and a 7.87% increase year-over-year (Q3 2024). The company'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). LECO's quarterly revenue for Q1 2025 was $1B, a -1.73% decrease from the previous quarter (Q4 2024), and a 2.36% increase year-over-year (Q1 2024).

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 The Harris Products Group, Welding Consumables, Welding Equipment, Americas Welding, International Welding, and Intersegment Eliminations. The Harris Products Group generated $522.42M in revenue, accounting 6.52% of the company's total revenue Welding Consumables generated $2.09B in revenue, accounting 26.05% of the company's total revenue, down -5.59% year-over-year. Welding Equipment generated $1.92B in revenue, accounting 23.95% of the company's total revenue, down -3.00% year-over-year. Americas Welding generated $2.7B in revenue, accounting 33.68% of the company's total revenue International Welding generated $969.58M in revenue, accounting 12.09% of the company's total revenue Intersegment Eliminations generated $-184M in revenue, accounting -2.29% of the company's total revenue

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 Americas Welding. This segment made a revenue of $2.7B, representing 33.68% of the company's total revenue.