Research / Stocks / LECO LECO Nasdaq CIK 0000059527
LINCOLN ELECTRIC HOLDINGS INC · Metalworkg Machinery & Equipment
COVERAGE / STANDARD
Latest filing 4 · Aug 24, 2026
Research state Latest filing analysis is current
Last SEC check Sep 13, 2026
Data basis Official SEC · no quote feed Component status Filing Evidence Research Current Official SEC filing history is available
Structured Financials Research Current Validated structured financial research is available
Filing Analysis Research Current No filing analysis job is currently running
Fundamental State Research Current Fundamental State depends on validated comparable financial metrics
RESEARCH SNAPSHOT LINCOLN ELECTRIC HOLDINGS INC's latest supported as-filed period reports revenue of $1.2B ; gross margin moved 44 basis points lower on the same comparison basis. Every value below links to its SEC accession and metric lineage.
Deterministic / evidence backed Key research observations No material rule-based research observation currently meets GrossPattern's Insight value threshold. Current state, direction, and filing evidence remain available below.
Current configuration / point in time Fundamental state A multidimensional view of the latest comparable filing—not a composite score or recommendation.
Capex intensity 22th Own-history percentile · N=9
Method Level · gp.fundamentals.capex_revenue_ratio
Raw value 2.58% · OPTIONAL
Operating cash generation 89th Own-history percentile · N=9
Method Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
Raw value 20.81% · OPTIONAL
Share-count growth RAW Current state valid · history insufficient
Method Yoy · gp.fundamentals.shares_outstanding
Raw value -1.23% · CORE
Revenue growth RAW Current state valid · history insufficient
Method Yoy · gp.fundamentals.revenue
Raw value 12.03% · CORE
Inventory pressure 22th Own-history percentile · N=9
Method Level · gp.fundamentals.inventory_revenue_ratio
Raw value 56.62% · OPTIONAL
Gross margin 67th Own-history percentile · N=9
Method Level · gp.fundamentals.gross_margin
Raw value 36.81% · CORE
Operating margin 100th Own-history percentile · N=9
Method Level · gp.fundamentals.operating_margin
Deterministic multi-period research Company direction Business direction, financial quality, capital allocation, and governance evidence remain separate—never collapsed into a recommendation score.
As filed Jun 30, 2026 General Corporate
Capital Allocation 4 evidence-backed dimensions Capex Intensity Increasing Cash Generation Inflecting Dilution Insufficient History Sbc Intensity Inflecting [email protected] · 10 historical states · 34% confidenceCompany Direction 8 evidence-backed dimensions Capex Intensity Increasing Cash Generation Inflecting Inventory Pressure Stable Margin Stable Profitability Stable [email protected] · 10 historical states · 34% confidenceFinancial Quality 6 evidence-backed dimensions Cash Generation Inflecting Dilution Insufficient History Inventory Pressure Stable Margin Stable Profitability Stable [email protected] · 10 historical states · 35% confidenceGovernance Evidence 5 evidence-backed dimensions Filing Amendments None Detected Auditor Changes None Detected Dilution Observed Sbc Intensity Observed Insider Activity Observed [email protected] · 10 historical states · 50% confidenceInterpretation boundary Direction describes measurable company fundamentals. Governance reports observable evidence only; it does not grade management character or predict stock returns.
Comparable evidence Peer context Latest available comparable states within 180 days, normalized with robust median/MAD statistics.
Sbc Intensity
LECO 0.4
Peer median 1.3
Peer percentile 9th 96 valid peers · 82% coverage · -0.7 robust σ Cash Generation
LECO 20.8
Peer median 11.2
Peer percentile 74th 97 valid peers · 83% coverage · +0.7 robust σ Profitability
LECO 18.1
Peer median 9.7
Peer percentile 74th 99 valid peers · 85% coverage · +0.6 robust σ Inventory Pressure
LECO 56.6
Peer median 71.3
Peer percentile 33th 100 valid peers · 85% coverage · -0.4 robust σ Capex Intensity
LECO 2.6
Peer median 2.2
Peer percentile 62th 84 valid peers · 72% coverage · +0.3 robust σ Growth
LECO 12.0
Peer median 9.4
Peer percentile 59th 99 valid peers · 85% coverage · +0.2 robust σ Open group breadth → Divergence is context, not positive or negative. INSIDER STATE / 90D Recent disclosed activity
Open-market purchases 0
Sales 0
Distinct buyers 0
Repeat buyer NO Conservative Form 4 classification · not a sentiment label Flagship analysis / V3 What changed? The most important deterministic changes, ranked by magnitude, issuer history, persistence, and accounting profile.
Current 10-Q 0000059527-26-000022 9 governed changes · top 7 shown
01
HIGH IMPORTANCE Cash 100TH HISTORICAL PCTL · N=2
Cash & equivalents decreased 19.0% Cash & equivalents changed -19.0% from the comparable as-filed period.
Why this ranks here · [email protected] $299.5M → $242.4M Comparable → current
02
INFORMATIONAL IMPORTANCE Margin 0TH HISTORICAL PCTL · N=3
Gross margin moved 44 bp lower Gross margin changed -44 basis points from the comparable as-filed period.
Why this ranks here · [email protected] 37.25% → 36.81% Comparable → current
03
HIGH IMPORTANCE Margin 100TH HISTORICAL PCTL · N=3
Gross profit increased 10.7% Gross profit changed +10.7% from the comparable as-filed period.
Why this ranks here · [email protected] $405.5M → $449.0M Comparable → current
04
LOW IMPORTANCE Inventory 50TH HISTORICAL PCTL · N=4
Inventory increased 11.1% Inventory changed +11.1% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
As-filed financials Financial trajectory Each point keeps the date investors could first observe it and its accession.
As filed Current normalized · later
Capex / revenue 2.58% -26.2% ↓ Capital expenditure $31.4M -19.7% ↓ Cash & equivalents $242.4M +0.0% ↑ Debt $0 -100.0% ↓ Free-cash-flow proxy $222.3M +252.9% ↑ Gross margin 36.81% +0.0% ↑ Interest expense $52.9M +275.8% ↑ Interest income -$12.5M +6.4% ↑
ACTIVE TRACE Revenue LECO · as filed with the SEC · reported-date aware
Capex / revenue Q2 / 2026-06-30 2.58% -26.2% sequential point Trace ↗ Evidence inspector
Loading lineage… × Capital expenditure Q2 / 2026-06-30 $31.4M -19.7% sequential point Trace ↗ Evidence inspector
Loading lineage… × Cash & equivalents Q2 / 2026-06-30 $242.4M +0.0% sequential point Trace ↗ Evidence inspector
Loading lineage… × Debt FY / 2025-12-31 $0 -100.0% sequential point Trace ↗ Evidence inspector
Loading lineage… × Free-cash-flow proxy Q2 / 2026-06-30 $222.3M +252.9% sequential point Trace ↗ Evidence inspector
Loading lineage… × Gross margin Q2 / 2026-06-30 36.81% +0.0% sequential point Trace ↗ Evidence inspector
Loading lineage… × Interest expense FY / 2024-12-31 $52.9M +275.8% sequential point Trace ↗ Evidence inspector
Loading lineage… × Interest income Q2 / 2026-06-30 -$12.5M +6.4% sequential point Trace ↗ Evidence inspector
Loading lineage… × Inventory Q2 / 2026-06-30 $690.5M -0.5% sequential point Trace ↗ Evidence inspector
Loading lineage… × Net income Q2 / 2026-06-30 $158.5M +16.2% sequential point Trace ↗ Evidence inspector
Loading lineage… × Operating cash flow Q2 / 2026-06-30 $253.8M +148.4% sequential point Trace ↗ Evidence inspector
Loading lineage… × Operating margin Q2 / 2026-06-30 18.09% +0.0% sequential point Trace ↗ Evidence inspector
Loading lineage… × Primary evidence Filing timeline Direct SEC links, filing dates, report periods, and amendment flags.
4 Aug 24, 2026 Period Aug 21, 2026 0001529684-26-000005SEC ↗ 8-K Aug 11, 2026 Period Aug 10, 2026 0001193125-26-343585SEC ↗ 10-Q Jul 30, 2026 Period Jun 30, 2026 0000059527-26-000022SEC ↗ 8-K Jul 30, 2026 Period Jul 30, 2026 0000059527-26-000021SEC ↗ 4 Jul 27, 2026 Period Jul 23, 2026 0002122341-26-000005SEC ↗ 4 Jun 18, 2026 Period Jun 16, 2026 0001747301-26-000006SEC ↗ 4 May 5, 2026 Period May 1, 2026 0001888813-26-000006SEC ↗ Form 4 Insider activity Transaction semantics distinguish purchases, sales, awards, exercises, withholding, and derivatives.
“Insider purchase” rule Code P · non-derivative · acquired · direct ownership · positive price and shares · not amended
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