Lincoln Electric Reports Q2 Revenue of $1.09 Billion, Exceeds Market Expectations

Lincoln Electric reported Q2 CY2025 results exceeding market expectations, with a 6.6% YoY revenue increase to $1.09 billion and a 12.4% beat on non-GAAP profit of $2.60 per share. Operating margin improved from 14.6% to 17.6%, while free cash flow margin declined from 14.5% to 10.9%. The company's market capitalization is $12.47 billion.

Lincoln Electric Holdings, Inc. (NASDAQ: LECO) reported its second quarter CY2025 results, which exceeded market expectations. The company's revenue increased by 6.6% year-over-year (YoY) to $1.09 billion, surpassing analyst estimates by $50 million [1]. Non-GAAP profit per share reached $2.60, a 12.4% beat over consensus estimates [1].

Operating margin improved from 14.6% in the same quarter last year to 17.6% this quarter, indicating stronger operational efficiency [2]. Free cash flow margin, however, declined from 14.5% to 10.9% [2]. The company's market capitalization stands at $12.47 billion.

The company's organic sales increased by 2.9%, while acquisitions contributed a 3.0% boost to overall sales [1]. Lincoln Electric expects the acquisition of the remaining 65% of Alloy Steel Australia to add $0.13 to $0.15 per diluted common share annually [2].

Wall Street analysts maintain a "buy" rating on Lincoln Electric, with a median 12-month price target of $235.00, about 5% above its July 30 closing price of $223.33 [2]. The stock recently traded at 24 times the next 12-month earnings, compared to a P/E of 20 three months ago [2].

References:
[1] https://seekingalpha.com/news/4475432-lincoln-electric-non-gaap-eps-of-2_60-beats-by-0_29-revenue-of-1_09b-beats-by-50m
[2] https://www.stocktitan.net/news/LECO/lincoln-electric-reports-second-quarter-2025-qcbcsml71vmd.html