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Lincoln Electric Holdings Inc  (LECO)
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LECO's Revenue Growth by Quarter and Year

Lincoln Electric Holdings Inc's Revenue results by quarter and year




LECO Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 1,060.03 931.98 844.25 693.79
III Quarter September 1,032.63 934.52 806.45 668.89
II Quarter June 1,060.43 969.48 826.45 590.73
I Quarter March 1,038.36 924.78 757.02 701.99
FY   4,191.45 3,760.76 3,234.17 2,655.40



LECO Revenue fourth quarter 2023 Y/Y Growth Comment
Lincoln Electric Holdings Inc achieved in the fourth quarter 2023, above Company average Revenue increase of 13.74% year on year, to $ 1,060.03 millions.

Looking into fourth quarter 2023 results within Industrial Machinery and Components industry 17 other companies have achieved higher Revenue growth. While Lincoln Electric Holdings Inc' s Revenue growth of 13.74% ranks overall at the positon no. 683 in the fourth quarter 2023.




LECO Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December 13.74 % 10.39 % 21.69 % -5.77 %
III Quarter September 10.5 % 15.88 % 20.57 % -8.47 %
II Quarter June 9.38 % 17.31 % 39.9 % -23.97 %
I Quarter March 12.28 % 22.16 % 7.84 % -7.53 %
FY   11.45 % 16.28 % 21.8 % -11.58 %

Financial Statements
Lincoln Electric Holdings Inc's fourth quarter 2023 Revenue $ 1,060.03 millions LECO's Income Statement
Lincoln Electric Holdings Inc's fourth quarter 2022 Revenue $ 931.98 millions Quarterly LECO's Income Statement
New: More LECO's historic Revenue Growth >>


LECO Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December 2.65 % -0.27 % 4.69 % 3.72 %
III Quarter September -2.62 % -3.61 % -2.42 % 13.23 %
II Quarter June 2.13 % 4.83 % 9.17 % -15.85 %
I Quarter March 11.41 % 9.54 % 9.11 % -4.66 %
FY (Year on Year)   11.45 % 16.28 % 21.8 % -11.58 %




Revenue fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #18
Capital Goods Sector #52
Overall #683

Revenue Y/Y Growth Statistics
High Average Low
39.9 % 4.89 % -23.97 %
  (Jun 30 2020)
Revenue fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #18
Capital Goods Sector #52
Overall #683
Revenue Y/Y Growth Statistics
High Average Low
39.9 % 4.89 % -23.97 %
  (Jun 30 2020)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Lincoln Electric Holdings Inc's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
13.23 % 1.1 % -15.85 %
(Sep 30 2020)  


LECO's IV. Quarter Q/Q Revenue Comment
Lincoln Electric Holdings Inc achieved in the IV. Quarter 2023 above company average sequential Revenue growth of 2.65%, to $ 1,060.03 millions, from $1,032.63 millions in the third quarter.
Lincoln Electric Holdings Inc is undergoing a remarkable growth, not just recording above normal growth, but also increasing pace, Cristian Bruno, Capital Goods sector researcher situated in Milan mentioned.

Within Industrial Machinery and Components industry 15 other companies have achieved higher Revenue quarter on quarter growth. While Lincoln Electric Holdings Inc's Revenue growth quarter on quarter, overall rank is 679.


Revenue Q/Q Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #16
Capital Goods Sector #40
Overall #679
Revenue Q/Q Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #16
Capital Goods Sector #40
Overall #679
Revenue Q/Q Growth Statistics
High Average Low
13.23 % 1.1 % -15.85 %
(Sep 30 2020)  


LECO's IV. Quarter Q/Q Revenue Comment
Lincoln Electric Holdings Inc achieved in the IV. Quarter 2023 above company average sequential Revenue growth of 2.65%, to $ 1,060.03 millions, from $1,032.63 millions in the third quarter.
LECO is going from strength to strength, not just recording better then regular increase, but also increasing rate, Cristian Bruno, Capital Goods sector researcher situated in Milan said.

Within Industrial Machinery and Components industry 15 other companies have achieved higher Revenue quarter on quarter growth. While Lincoln Electric Holdings Inc's Revenue growth quarter on quarter, overall rank is 679.


Lincoln Electric Holdings Inc's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Revenue 12 Months Ending $ 4,191.45 $ 4,063.40 $ 3,965.29 $ 3,874.34 $ 3,760.76
Y / Y Revenue Growth (TTM) 11.45 % 10.63 % 11.86 % 13.89 % 16.28 %
Year on Year Revenue Growth Overall Ranking # 326 # 83 # 184 # 0 # 694
Seqeuential Revenue Change (TTM) 3.15 % 2.47 % 2.35 % 3.02 % 2.39 %
Seq. Revenue Growth (TTM) Overall Ranking # 894 # 265 # 593 # 0 # 1566




Cumulative Revenue growth Comment
Lincoln Electric Holdings Inc saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 11.45% year on year, to $ 4,191 millions if the fiscal year would have ended in Dec 31 2023.
Lincoln Electric Holdings Inc's trailing twelve months Revenue growth was higher than company's average 3.17% and higher than 10.63% growth in Sep 30 2023.
But sequential growth rate was slower at 3.15 % from $4063.4 millions recorded in twelve months ending a quarter Sep 30 2023 Cristian Bruno went on.
We witness stagnation happening, more evident if you pay attention to the typical sequential historic rise what is stronger at3.17% Cristian Bruno noted.
The progress was even more impressive from the previous reporting period showed at 3.15 % jump from $4063.4 millions in twelve months ending a quarter before.

Within the Capital Goods sector 24 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 83 to 326.

Revenue TTM Q/Q Growth Statistics
High Average Low
26.73 %
3.17 %
-42.56 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry # 29
Capital Goods Sector # 25
Overall # 326

Revenue TTM Y/Y Growth Statistics
High Average Low
26.73 %
3.17 %
-42.56 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 29
Sector # 80
S&P 500 # 894
Cumulative Revenue growth Comment
Lincoln Electric Holdings Inc saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 11.45% year on year, to $ 4,191 millions if the fiscal year would have ended in Dec 31 2023.
Lincoln Electric Holdings Inc's trailing twelve months Revenue growth was higher than company's average 3.17% and higher than 10.63% growth in Sep 30 2023.
But from the previous reporting period increase was slower at 3.15 % from $4063.4 millions achieved in the period from Sep 30 2023 to Dec 31 2022.
We witness slowdown in progress, more obvious observing the average sequential Revenue rise that is higher at 3.17% Cristian Bruno noted.
The growth was even higher from the previous reporting period exhibited at 3.15 % increase from $4063.4 millions in the period from Sep 30 2023 to Dec 31 2022.

Within the Capital Goods sector 24 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 83 to 326.

Revenue TTM Q/Q Growth Statistics
High Average Low
26.73 %
3.17 %
-42.56 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry # 29
Capital Goods Sector # 25
Overall # 326

Revenue TTM Y/Y Growth Statistics
High Average Low
26.73 %
3.17 %
-42.56 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 29
Sector # 80
S&P 500 # 894




Other Revenue Growth
Industrial Machinery and Components Industry Revenue Growth Trends and Statistics
Capital Goods Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
LECO's Revenue Growth Ratio versus Industrial Machinery and Components Industry, Capital Goods Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for LECO's Competitors
Revenue Growth for Lincoln Electric Holdings Inc's Suppliers
Revenue Growth for LECO's Customers

You may also want to know
LECO's Annual Growth Rates LECO's Profitability Ratios LECO's Asset Turnover Ratio LECO's Dividend Growth
LECO's Roe LECO's Valuation Ratios LECO's Financial Strength Ratios LECO's Dividend Payout Ratio
LECO's Roa LECO's Inventory Turnover Ratio LECO's Growth Rates LECO's Dividend Comparisons



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Lincoln Electric Holdings Inc13.74%$ 13.739 millions
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Huntington Ingalls Industries Inc 12.98%$ 12.980 millions
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Tutor Perini Corporation12.77%$ 12.773 millions
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