← LINCOLN ELECTRIC HOLDINGS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.3b | $2.6b | $3.0b | $3.0b | $2.7b | $3.2b | $3.8b | $4.2b | $4.0b | $4.2b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $3.0b | $2.7b | — | — | — | — | — | |
| Cost of Revenue | $1.5b | $1.7b | $2.0b | $2.0b | $1.8b | $2.2b | $2.5b | $2.7b | $2.5b | $2.7b | |
| Gross Profit | $789.3m | $880.3m | $1.0b | $1.0b | $871.3m | $1.1b | $1.3b | $1.5b | $1.5b | $1.5b | |
| Operating Income (Loss) | $288.3m | $377.7m | $375.5m | $370.9m | $282.1m | $461.7m | $612.3m | $717.8m | $636.5m | $718.1m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $14.5m | $15.7m | $15.7m | $20.8m | $20.4m | $21.2m | $21.9m | $26.0m | $27.1m | $29.7m | |
| Foreign Currency Transaction Gain (Loss), Realized | $3.7m | $5.7m | $4.9m | $5.3m | ($4.2m) | ($1.3m) | ($3.6m) | ($1.7m) | $1.4m | $4.6m | |
| Goodwill, Impairment Loss | — | $1.1m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $209.4m | $213.2m | $255.1m | $237.3m | $179.7m | $143.3m | $359.8m | $508.3m | $496.3m | $514.4m | |
| Income (Loss) from Equity Method Investments | $2.9m | $2.7m | $5.5m | $3.2m | $408k | $499k | ($153k) | $556k | $235k | $1.9m | |
| Investment Income, Interest | $2.1m | $4.8m | $6.9m | $2.5m | $2.0m | $1.6m | $1.6m | $6.8m | $10.1m | $6.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $277.4m | $366.2m | $368.7m | $368.5m | $264.0m | $325.0m | $592.8m | $686.9m | $594.1m | $675.5m | |
| Net Income (Loss) Attributable to Parent | $198.4m | $247.5m | $287.1m | $293.1m | $206.1m | $276.5m | $472.2m | $545.2m | $466.1m | $520.5m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $198.4m | $247.5m | $287.1m | $293.1m | $206.1m | $276.5m | $472.2m | $545.2m | $466.1m | $520.5m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($26k) | ($28k) | ($73k) | ($26k) | $29k | $114k | $0 | — | — | — | |
| Earnings Per Share, Basic | $2.94 | $3.76 | $4.42 | $4.73 | $3.46 | $4.66 | $8.14 | $9.50 | $8.23 | $9.39 | |
| Earnings Per Share, Diluted | $2.91 | $3.71 | $4.37 | $4.68 | $3.42 | $4.60 | $8.04 | $9.37 | $8.15 | $9.32 | |
| Common Stock, Dividends, Per Share, Declared | $1.31 | $1.44 | $1.64 | $1.90 | $1.98 | $2.09 | $2.32 | $2.63 | $2.88 | $3.04 | |
| Weighted Average Number of Shares Outstanding, Basic | 67.5m | 65.7m | 64.9m | 62.0m | 59.6m | 59.3m | 58.0m | 57.4m | 56.6m | 55.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 68.2m | 66.6m | 65.7m | 62.7m | 60.2m | 60.1m | 58.7m | 58.2m | 57.2m | 55.9m | |
| Selling, General and Administrative Expense | $466.7m | $537.5m | $627.7m | $621.5m | $543.8m | $597.1m | $656.6m | $758.9m | $780.6m | $798.0m | |
| Other Nonoperating Income (Expense) | $3.2m | $5.2m | $4.7m | $15.0m | $5.1m | $9.0m | $6.6m | $15.4m | $5.9m | $9.4m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | — | $58.4m | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | — | $7.0m | $2.7m | |
| Current Income Tax Expense (Benefit) | $88.8m | $122.6m | $84.9m | $60.7m | $56.9m | $78.5m | $169.1m | $165.5m | $169.2m | $71.9m | |
| Interest Expense | $19.1m | $24.2m | $24.5m | $25.9m | $24.0m | $23.8m | $31.1m | $51.1m | $52.9m | — | |
| Nonoperating Income (Expense) | ($10.9m) | ($11.5m) | $10.7m | $21.0m | $3.9m | ($114.5m) | $10.0m | $13.4m | $473k | $9.0m | |
| Research and Development Expense | $44.7m | $47.9m | $54.2m | $56.8m | $51.4m | $56.0m | $63.2m | $71.2m | $81.8m | $85.5m | |
| Income Tax Expense (Benefit) | $79.0m | $118.8m | $81.7m | $75.4m | $57.9m | $48.4m | $120.6m | $141.6m | $128.0m | $154.9m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | $0 | ($8.2m) | — | — | — | — | — | — | — | — | |
| Interest Income (Expense), Net | — | — | ($17.6m) | ($23.4m) | — | — | — | — | — | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | ($22.0m) | ($22.2m) | ($29.5m) | ($44.4m) | ($42.8m) | ($51.6m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.