Lincoln Electric (LECO) revenue breakdown
By segment, Americas Welding is the largest at 64% of fiscal 2025 revenue; The Harris Products Group grew fastest, 8% a year over 9 years.
By product, Consumables is the largest at 54% of fiscal 2025 revenue, growing 4% a year over 7 years.
Revenue by segment
Fiscal years, as Lincoln Electric reports them in its 10-K filings; fiscal 2025 total $4.2B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas Welding | $1.6B | $1.7B | $1.9B | $1.9B | $1.6B | $2.0B | $2.4B | $2.7B | $2.6B | $2.7B | 64% |
| International Welding | $523M | $743M | $938M | $872M | $805M | $974M | $986M | $1.0B | $934M | $931M | 22% |
| The Harris Products Group | $281M | $299M | $309M | $341M | $366M | $470M | $529M | $496M | $510M | $579M | 14% |
Revenue by product
Fiscal years, as Lincoln Electric reports them in its 10-K filings; fiscal 2025 total $4.2B.
| Products | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Consumables | $1.8B | $1.7B | $1.5B | $1.9B | $2.2B | $2.2B | $2.1B | $2.3B | 54% |
| Equipment | $1.3B | $1.3B | $1.1B | $1.4B | $1.6B | $1.0B | $1.0B | $1.1B | 26% |
| Automation | — | — | — | — | — | $941M | $911M | $870M | 21% |
Revenue by region
Fiscal years, as Lincoln Electric reports them in its 10-K filings; fiscal 2025 total $4.2B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $1.3B | $1.4B | $1.6B | $1.6B | $1.4B | $1.7B | $2.1B | $2.4B | $2.4B | $2.6B | 62% |
| Foreign countries | $966M | $1.2B | $1.5B | $1.4B | $1.2B | $1.5B | $1.6B | $1.8B | $1.7B | $1.6B | 38% |
Questions
Where does Lincoln Electric make its money?
In fiscal 2025, by segment: Americas Welding $2.7B, International Welding $931M, The Harris Products Group $579M.
From Lincoln Electric's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.