Lincoln Electric Holdings, Inc. (LECO)

Solvency & Capital Structure

Total Debt

$1.15B

Net Debt

$907.6M

Lincoln Electric Holdings, Inc. currently has $1.15B in total debt. Net debt is $907.6M after cash offsets.

Financial Fundamentals

LECO • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	1.15	0.24	0.91	3.81	30.2%
2026-03-31	1.48	0.30	1.18	3.90	37.9%
2025-12-31	1.29	0.31	0.98	3.78	34.2%
2025-09-30	1.24	0.29	0.95	3.82	32.5%
2025-06-30	1.31	0.30	1.01	3.73	35.1%
2025-03-31	1.31	0.39	0.92	3.63	36.2%
2024-12-31	1.32	0.38	0.94	3.52	37.4%
2024-09-30	1.32	0.40	0.92	3.66	36.1%
2024-06-30	1.16	0.27	0.89	3.42	34.0%
2024-03-31	1.16	0.37	0.79	3.38	34.4%
2023-12-31	1.16	0.39	0.77	3.38	34.3%
2023-09-30	1.16	0.34	0.82	3.33	35.0%
2023-06-30	1.17	0.22	0.95	3.31	35.3%
2023-03-31	1.16	0.20	0.96	3.25	35.7%
2022-12-31	1.25	0.20	1.05	3.18	39.3%
2022-09-30	0.83	0.14	0.68	2.65	31.2%
2022-06-30	0.88	0.15	0.73	2.74	32.2%
2022-03-31	0.92	0.15	0.76	2.74	33.5%
2021-12-31	0.82	0.19	0.63	2.59	31.6%
2021-09-30	0.81	0.16	0.65	2.57	31.5%
2021-06-30	0.78	0.19	0.59	2.51	30.9%
2021-03-31	0.76	0.24	0.52	2.36	32.2%
2020-12-31	0.76	0.26	0.51	2.31	33.0%
2020-09-30	0.77	0.15	0.61	2.22	34.6%
2020-06-30	0.81	0.14	0.67	2.20	37.0%
2020-03-31	0.90	0.16	0.74	2.31	39.0%
2019-12-31	0.80	0.20	0.60	2.37	33.7%
2019-09-30	0.73	0.16	0.57	2.36	30.8%
2019-06-30	0.03	0.19	-0.16Net Cash	2.39	1.3%
2019-03-31	0.00	0.27	-0.27Net Cash	2.35	0.0%
2018-12-31	0.00	0.36	-0.36Net Cash	2.35	0.0%
2018-09-30	0.00	0.50	-0.50Net Cash	2.42	0.0%
2018-06-30	0.00	0.50	-0.49Net Cash	2.43	0.1%
2018-03-31	0.00	0.51	-0.50Net Cash	2.49	0.1%
2017-12-31	0.00	0.51	-0.50Net Cash	2.41	0.1%
2017-09-30	0.00	0.48	-0.48Net Cash	2.41	0.1%
2017-06-30	0.00	0.40	-0.39Net Cash	2.12	0.1%
2017-03-31	0.00	0.40	-0.40Net Cash	2.05	0.1%
2016-12-31	0.00	0.38	-0.38Net Cash	1.94	0.1%
2016-09-30	0.18	0.26	-0.07Net Cash	1.83	10.0%
2016-06-30	0.16	0.24	-0.08Net Cash	1.84	8.7%
2016-03-31	0.02	0.22	-0.20Net Cash	1.78	1.4%
2015-12-31	0.00	0.30	-0.30Net Cash	1.78	0.2%
2015-09-30	0.35	0.36	-0.01Net Cash	1.93	18.3%
2015-06-30	0.21	0.31	-0.10Net Cash	1.95	11.0%
2015-03-31	0.17	0.29	-0.12Net Cash	1.92	8.7%
2014-12-31	0.07	0.28	-0.21Net Cash	1.94	3.5%
2014-09-30	0.09	0.28	-0.19Net Cash	2.11	4.2%
2014-06-30	0.01	0.20	-0.20Net Cash	2.14	0.3%
2014-03-31	0.01	0.21	-0.20Net Cash	2.11	0.3%
2013-12-31	0.02	0.30	-0.28Net Cash	2.15	0.7%
2013-09-30	0.01	0.33	-0.32Net Cash	2.12	0.7%
2013-06-30	0.01	0.26	-0.24Net Cash	2.06	0.7%
2013-03-31	0.02	0.25	-0.23Net Cash	2.10	0.8%
2012-12-31	0.02	0.29	-0.27Net Cash	2.09	0.9%
2012-09-30	0.02	0.34	-0.32Net Cash	2.09	1.0%
2012-06-30	0.02	0.31	-0.28Net Cash	2.02	1.1%
2012-03-31	0.03	0.30	-0.28Net Cash	2.02	1.2%
2011-12-31	0.10	0.36	-0.26Net Cash	1.98	5.2%
2011-09-30	0.09	0.32	-0.23Net Cash	1.96	4.8%
2011-06-30	0.10	0.34	-0.24Net Cash	2.00	4.9%
2011-03-31	0.10	0.34	-0.24Net Cash	1.91	5.1%
2010-12-31	0.10	0.37	-0.27Net Cash	1.78	5.5%
2010-09-30	0.10	0.38	-0.28Net Cash	1.80	5.6%
2010-06-30	0.11	0.37	-0.26Net Cash	1.73	6.4%
2010-03-31	0.12	0.38	-0.26Net Cash	1.76	6.6%
2009-12-31	0.12	0.39	-0.26Net Cash	1.71	7.3%
2009-09-30	0.13	0.41	-0.28Net Cash	1.75	7.5%
2009-06-30	0.11	0.35	-0.24Net Cash	1.65	6.5%
2009-03-31	0.11	0.30	-0.19Net Cash	1.63	6.7%
2008-12-31	0.14	0.28	-0.14Net Cash	1.72	8.3%
2008-09-30	0.14	0.31	-0.17Net Cash	1.93	7.3%
2008-06-30	0.12	0.27	-0.15Net Cash	1.94	6.2%
2008-03-31	0.12	0.24	-0.12Net Cash	1.80	6.8%
2007-12-31	0.12	0.22	-0.10Net Cash	1.65	7.2%
2007-09-30	0.13	0.22	-0.10Net Cash	1.63	7.8%
2007-06-30	0.12	0.15	-0.02Net Cash	1.55	8.0%
2007-03-31	0.12	0.09	0.03	1.45	8.3%
2006-12-31	0.16	0.12	0.04	1.39	11.6%
2006-09-30	0.16	0.15	0.01	1.36	11.9%
2006-06-30	0.16	0.13	0.03	1.32	11.9%
2006-03-31	0.16	0.12	0.04	1.25	12.8%
2005-12-31	0.17	0.11	0.06	1.16	14.3%
2005-09-30	0.16	0.11	0.06	1.15	14.3%
2005-06-30	0.17	0.08	0.09	1.11	15.1%
2005-03-31	0.17	0.14	0.02	1.09	15.2%
2004-12-31	0.17	0.14	0.02	1.06	15.8%
2004-09-30	0.17	0.17	0.00	1.08	15.6%
2004-06-30	0.16	0.18	-0.02Net Cash	1.04	15.8%
2004-03-31	0.17	0.17	-0.00Net Cash	0.96	17.9%
2003-12-31	0.17	0.18	-0.00Net Cash	0.93	18.7%
2003-09-30	0.19	0.20	-0.02Net Cash	0.94	19.7%
2003-06-30	0.19	0.20	-0.01Net Cash	0.93	20.0%
2003-03-31	0.19	0.17	0.02	0.91	20.7%
2002-12-31	0.19	0.18	0.01	0.90	20.9%
2002-09-30	0.19	0.19	0.00	0.95	20.5%
2002-06-30	0.20	0.19	0.01	0.96	20.9%
2002-03-31	0.20	0.17	0.02	0.92	21.6%
2001-12-31	0.05	0.02	0.03	0.78	6.5%
2001-09-30	0.06	0.04	0.02	0.80	7.5%
2001-06-30	0.08	0.02	0.06	0.80	9.5%
2001-03-31	0.09	0.01	0.08	0.80	11.1%
2000-12-31	0.09	0.01	0.08	0.79	11.9%
2000-09-30	0.08	0.01	0.07	0.79	10.2%
2000-06-30	0.11	0.01	0.09	0.83	12.7%
2000-03-31	0.12	0.01	0.11	0.82	14.5%
1999-12-31	0.08	0.01	0.07	0.78	9.7%
1999-09-30	0.06	0.03	0.03	0.80	7.9%
1999-06-30	0.07	0.02	0.04	0.77	8.7%
1999-03-31	0.09	0.01	0.08	0.77	11.5%
1998-12-31	0.06	0.04	0.02	0.78	7.8%
1998-09-30	0.07	0.08	-0.01Net Cash	0.82	8.3%
1998-06-30	0.07	0.08	-0.01Net Cash	0.81	8.4%
1998-03-31	0.07	0.09	-0.02Net Cash	0.78	8.3%
1997-12-31	0.07	0.05	0.02	0.71	9.3%
1997-09-30	0.07	0.07	0.01	0.76	9.8%
1997-06-30	0.07	0.06	0.02	0.72	10.4%
1997-03-31	0.08	0.07	0.00	0.69	11.0%
1996-12-31	0.08	0.04	0.04	0.65	11.9%
1996-09-30	0.09	0.06	0.03	0.68	12.8%