Quarterly ResultApr 30, 2026, 09:26 AM
LECO Q1 Net Sales +11.7% to $1.12B; EPS $2.47; Adj EPS $2.50
AI Summary
Lincoln Electric Holdings, Inc. reported solid first quarter 2026 results with net sales increasing 11.7% to $1.12 billion, driven by a 7.8% organic sales increase. Diluted EPS rose 17.6% to $2.47, and adjusted EPS reached $2.50. The company returned $101 million to shareholders through dividends and share repurchases, and the CEO highlighted disciplined cost management and improving industrial activity in the Americas.
Key Highlights
- Net sales increased 11.7% to $1,121.4 million.
- Organic sales grew by 7.8%.
- Diluted EPS rose 17.6% to $2.47; Adjusted EPS was $2.50.
- Operating income margin was 16.6%; Adjusted operating income margin was 16.9%.
- Returned $101 million to shareholders via dividends and share repurchases.
- Americas Welding net sales increased 8.1% to $706.2 million.
- The Harris Products Group net sales surged 42.3% to $188.2 million.
- International Welding net sales increased 3.6% to $227.0 million.