Q3 25 EPS
$2.47
BEAT +1.95%
Est. $2.42
Q3 25 Revenue
$1.06B
BEAT +0.89%
Est. $1.05B
vs S&P Since Q3 25
+7.3%
BEATING MARKET
LECO +12.9% vs S&P +5.7%
Market Reaction
Did LECO Beat Earnings? Q3 2025 Results
Lincoln Electric posted a clean beat across the board in Q3 2025, with adjusted earnings per share of $2.47 clearing the $2.42 consensus estimate by 1.95% and revenue of $1.06 billion edging past expectations by 0.89% while climbing 7.9% year-over-ye… Read more Lincoln Electric posted a clean beat across the board in Q3 2025, with adjusted earnings per share of $2.47 clearing the $2.42 consensus estimate by 1.95% and revenue of $1.06 billion edging past expectations by 0.89% while climbing 7.9% year-over-year. The headline results were underpinned by record cash generation, as operating cash flows reached $236.69 million, representing 149% cash conversion against adjusted net income, a level the company had never previously achieved. Organic sales growth of 5.6%, led by pricing gains of 7.8%, provided the core revenue lift, while a 1.7% contribution from acquisitions added incremental momentum; the company recently completed its full acquisition of Alloy Steel Australia, a deal expected to contribute $0.13 to $0.15 per diluted share annually. All three segments contributed positively, with the Harris Products Group leading the way at 14.8% sales growth. The Board capped the quarter by raising the quarterly dividend 5.3% to $0.79 per share, signaling confidence in sustained earnings power.
Key Takeaways
- • Organic sales growth of 5.6% driven by 7.8% pricing benefit partially offset by 2.2% volume decline
- • Acquisition contributions of 1.7% to net sales growth
- • Adjusted operating income margin expansion to 17.4%
- • Record cash flow generation with 149% cash conversion
- • Significant reduction in special item charges year-over-year
LECO YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
LECO Revenue by Segment
With YoY comparisons, source: SEC Filings
“We achieved strong quarterly results with an increase in profit margins, solid adjusted earnings growth, and record cash flow generation.”
— Steven B. Hedlund, Q3 2025 Earnings Press Release
LECO Earnings Trends
LECO vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
LECO EPS Trend
Earnings per share: estimate vs actual
LECO Revenue Trend
Quarterly revenue: estimate vs actual
LECO Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $2.50 | — | $1.12B | — |
| Q4 25 BEAT FY | $2.55 | $2.65 | +3.92% | $1.08B | -1.48% |
| FY Full Year | $9.75 | $9.87 | +1.22% | $4.23B | -0.38% |
| Q3 25 BEAT | $2.42 | $2.47 | +1.95% | $1.06B | +0.89% |
| Q2 25 BEAT | $2.31 | $2.60 | +12.41% | $1.09B | +4.48% |
| Q1 25 MISS | $2.23 | $2.16 | -3.16% | $1.00B | +2.49% |