← 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $198.4m |
$247.5m
+24.75%
|
$287.0m
+15.97%
|
$293.1m
+2.12%
|
$206.1m
-29.67%
|
$276.5m
+34.13%
|
$472.2m
+70.81%
|
$545.2m
+15.46%
|
$466.1m
-14.51%
|
$520.5m
+11.68%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $198.4m |
$247.5m
+24.75%
|
$287.1m
+15.98%
|
$293.1m
+2.11%
|
$206.1m
-29.67%
|
$276.6m
+34.17%
|
$472.2m
+70.74%
|
$545.2m
+15.46%
|
$466.1m
-14.51%
|
$520.5m
+11.68%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $198.4m | $247.5m | $287.0m | $293.1m | $206.1m | $276.6m | $472.2m | $545.2m | $466.1m | $520.5m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($26k) | ($28k) | ($73k) | ($26k) | $29k | $114k | $0 | — | — | — | — | |
| Depreciation, Depletion and Amortization | $65.1m | $68.1m | $72.3m | $81.5m | $80.5m | $81.1m | $78.1m | $86.7m | $88.2m | $98.5m | $102.3m | |
| Amortization of Intangible Assets | $14.5m | $15.7m | $15.7m | $20.8m | $20.4m | $21.2m | $21.9m | $26.0m | $27.1m | $29.7m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $78.1m | $86.7m | $88.2m | $98.5m | $102.3m | |
| Deferred Income Tax Expense (Benefit) | ($9.8m) | ($3.8m) | ($3.3m) | $14.7m | $1.0m | ($30.1m) | ($48.5m) | ($23.9m) | ($41.1m) | $83.0m | $127.6m | |
| Deferred Income Tax | — | — | — | — | — | — | ($48.2m) | ($20.9m) | ($40.3m) | $82.7m | $127.6m | |
| Deferred Tax | — | — | — | — | — | — | ($48.2m) | ($20.9m) | ($40.3m) | $82.7m | $127.6m | |
| Share-based Payment Arrangement, Noncash Expense | $10.3m | $12.7m | $18.6m | $16.6m | $15.4m | $23.8m | $25.3m | $26.2m | $24.1m | $20.3m | $22.5m | |
| Share-based Payment Arrangement, Expense | $10.3m | $12.7m | $18.6m | $16.6m | $15.4m | $23.8m | $25.3m | $26.2m | $24.0m | $20.5m | $22.5m | |
| Goodwill, Impairment Loss | — | $1.1m | — | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | $1.0m | $1.6m | — | — | — | |
| Restructuring Costs and Asset Impairment Charges | $0 | $1.4m | ($6.0m) | $3.5m | $21.8m | ($1.1m) | $8.1m | $4.8m | $20.9m | $1.1m | — | |
| Income (Loss) from Equity Method Investments | $2.9m | $2.7m | $5.5m | $3.2m | $408k | $499k | ($153k) | $556k | $235k | $1.9m | — | |
| Nonoperating Income (Expense) | ($10.9m) | ($11.5m) | $10.7m | $21.0m | $3.9m | ($114.5m) | $10.0m | $13.4m | $473k | $9.0m | — | |
| Other Nonoperating Income (Expense) | $3.2m | $5.2m | $4.7m | $15.0m | $5.1m | $9.0m | $6.6m | $15.4m | $5.9m | $9.4m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | ($499k) | $80k | — | — | — | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $261k | $337k | $3.0m | $1.4m | $408k | $499k | ($80k) | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($164.0m) | $79.2m | $43.0m | ($65.5m) | ($121.3m) | |
| Increase (Decrease) in Accounts Receivable | $12.3m | $16.8m | $4.1m | ($50.4m) | ($3.6m) | $65.8m | $65.0m | ($15.0m) | ($52.8m) | $26.4m | ($22.8m) | |
| Change In Receivables | — | — | — | — | — | — | ($65.0m) | $15.0m | $52.8m | ($26.4m) | ($22.8m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($65.0m) | $15.0m | $52.8m | ($26.4m) | ($22.8m) | |
| Increase (Decrease) in Inventories | ($14.6m) | ($19.4m) | $23.9m | $12.0m | ($22.8m) | $154.3m | $81.2m | ($122.1m) | ($25.4m) | $47.8m | ($60.3m) | |
| Change In Inventory | — | — | — | — | — | — | ($81.2m) | $122.1m | $25.4m | ($47.8m) | ($60.3m) | |
| Change In Other Current Assets | — | — | — | — | — | — | ($18.3m) | ($35.6m) | ($41.6m) | ($10.6m) | $11.0m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($8.2m) | $10.1m | $32.7m | ($26.1m) | ($106.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $303.4m |
$334.8m
+10.36%
|
$329.2m
-1.70%
|
$403.2m
+22.49%
|
$351.4m
-12.85%
|
$365.1m
+3.90%
|
$383.4m
+5.02%
|
$667.5m
+74.12%
|
$599.0m
-10.27%
|
$661.2m
+10.38%
|
$687.6m
+3.99%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $1.1m | $2.3m | $16.8m | $9.5m | $7.7m | $6.8m | $3.3m | $36.2m | $0 | $0 | $719k | |
| Capital Expenditure | $49.9m | $61.7m | $71.2m | $69.6m | $59.2m | $62.5m | ($71.9m) | ($91.0m) | ($116.6m) | ($127.0m) | ($145.2m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $71.6m | $72.5m | $101.8m | $134.7m | $0 | $156.1m | $436.3m | $32.7m | $252.7m | $137.5m | ($132.4m) | |
| Payments for (Proceeds from) Other Investing Activities | $709k | $0 | $2.0m | ($2.0m) | ($2.3m) | ($6.5m) | ($159k) | $551k | ($320k) | $0 | — | |
| Net Other Investing Changes | — | — | — | — | — | $6.5m | $159k | ($551k) | $320k | — | $320k | |
| Net Cash Provided by (Used in) Investing Activities | ($159.9m) | ($272.0m) | $20.8m | ($192.8m) | ($49.2m) | ($205.4m) | ($504.7m) | ($74.7m) | ($361.2m) | ($257.3m) | ($247.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $481k | $39k | $107k | $107k | $14k | — | — | — | $400.7m | $100.2m | ($100.0m) | |
| Proceeds from Issuance of Long-term Debt | $350.3m | $34k | $0 | $0 | — | — | — | — | $550.0m | $0 | $150.0m | |
| Issuance Of Debt | — | — | — | — | — | — | $405.4m | $0 | $550.0m | $0 | $150.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $405.4m | $0 | $550.0m | $0 | $150.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | $0 | ($8.1m) | ($400.7m) | ($100.2m) | ($100.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $439.8m | ($88.0m) | $157.8m | $33.1m | ($105.4m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $405.4m | ($8.1m) | $149.3m | ($100.2m) | ($100.0m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $34.4m | ($79.9m) | $8.4m | $133.3m | ($5.4m) | |
| Repayment Of Debt | — | — | — | — | — | — | $0 | ($8.1m) | ($400.7m) | ($100.2m) | ($100.0m) | |
| Payments for Repurchase of Common Stock | $342.0m | $43.2m | $201.7m | $292.7m | $113.5m | $164.5m | $181.3m | $198.8m | $263.8m | $338.3m | — | |
| Payments of Ordinary Dividends, Common Stock | $87.3m | $92.5m | $102.1m | $117.9m | $118.1m | $121.9m | $130.7m | $148.0m | $162.1m | $168.2m | ($170.8m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($130.7m) | ($148.0m) | ($162.1m) | ($168.2m) | ($165.4m) | |
| Common Stock Payments | — | — | — | — | — | — | ($181.3m) | ($198.8m) | ($263.8m) | ($338.3m) | ($237.3m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($181.3m) | ($198.8m) | ($263.8m) | ($338.3m) | ($237.3m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($181.3m) | ($198.8m) | ($263.8m) | ($338.3m) | ($237.3m) | |
| Dividends Payable, Current | $23.0m | $25.6m | $29.9m | $29.7m | $30.4m | $32.9m | $36.9m | $40.5m | $42.2m | $43.3m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($130.7m) | ($148.0m) | ($162.1m) | ($168.2m) | ($170.8m) | |
| Proceeds from (Payments for) Other Financing Activities | ($19.0m) | ($15.6m) | ($2.2m) | $0 | $0 | ($763k) | ($438k) | $0 | ($3.9m) | $0 | — | |
| Net Other Financing Charges | — | — | — | — | — | ($763k) | ($438k) | — | ($3.9m) | — | ($3.9m) | |
| Net Cash Provided by (Used in) Financing Activities | ($62.9m) |
($135.0m)
-114.84%
|
($302.1m)
-123.74%
|
($371.9m)
-23.11%
|
($246.1m)
+33.82%
|
($221.9m)
+9.83%
|
$133.7m
+160.25%
|
($412.4m)
-408.39%
|
($244.6m)
+40.68%
|
($461.9m)
-88.80%
|
($499.8m)
-8.20%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($5.6m) | $19.7m | $32.1m | ($159.3m) | $57.7m | ($64.3m) | $4.2m | $196.6m | ($16.5m) | ($68.5m) | $240.2m | |
| Beginning Cash Position | — | — | — | — | — | — | $193.0m | $197.2m | $393.8m | $377.3m | $299.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $358.8m | $199.6m | $257.3m | $193.0m | $197.2m | $393.8m | $377.3m | $308.8m | $240.2m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($5.6m) | $19.7m | ($15.7m) | $2.3m | $1.7m | ($2.1m) | ($8.2m) | $16.2m | ($9.6m) | ($10.4m) | $2.2m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($8.2m) | $16.2m | ($9.6m) | ($10.4m) | $2.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | $73.0m | $81.7m | $85.8m | $42.9m | $59.4m | $87.3m | $151.8m | $180.5m | $157.5m | $100.7m | — | |
| Additional Financial Items | ||||||||||||
| Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net | — | — | — | $7.6m | $0 | $0 | — | — | — | — | — | |
| Deconsolidation, Gain (Loss), Amount | ($34.3m) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | $0 | ($8.2m) | — | — | — | — | — | — | — | — | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment | $1.1m | ($8.3m) | — | — | — | $126.1m | — | — | — | — | — | |
| 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 | $231.9m | $234.6m | $281.3m | $337.1m | $335.6m | $430.2m | $665.3m | $694.5m | $804.9m | $886.7m | — | |
| Income Tax Expense (Benefit) | $79.0m | $118.8m | $81.7m | $75.4m | $57.9m | $48.4m | $120.6m | $141.6m | $128.0m | $154.9m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $58.4m | — | |
| Investment Income, Interest | $2.1m | $4.8m | $6.9m | $2.5m | $2.0m | $1.6m | $1.6m | $6.8m | $10.1m | $6.8m | — | |
| Pension Cost (Reversal of Cost) | $14.0m | $2.5m | — | — | — | — | — | — | — | — | — | |
| Pension Expense (Reversal of Expense), Noncash | — | — | — | — | — | $126.5m | $0 | $0 | $3.8m | $719k | — | |
| Proceeds from Stock Options Exercised | $25.0m | $16.6m | $4.7m | $14.3m | $17.2m | $19.2m | $6.4m | $22.4m | $27.4m | $11.6m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $3.0b | $2.7b | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $133.7m | ($412.4m) | ($244.6m) | ($461.9m) | ($499.8m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($504.7m) | ($74.7m) | ($361.2m) | ($257.3m) | ($247.1m) | |
| Change In Account Payable | — | — | — | — | — | — | $16.9m | ($32.0m) | ($27.2m) | $56.3m | $71.4m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $4.2m | $196.6m | ($16.5m) | ($68.5m) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($8.2m) | ($303k) | $868k | ($10.9m) | ($14.6m) | |
| Change In Payable | — | — | — | — | — | — | $16.9m | ($32.0m) | ($27.2m) | $56.3m | $71.4m | |
| Changes In Cash | — | — | — | — | — | — | $12.4m | $180.4m | ($6.9m) | ($58.0m) | ($59.2m) | |
| End Cash Position | — | — | — | — | — | — | $197.2m | $393.8m | $377.3m | $308.8m | $240.2m | |
| Financing Cash Flow | — | — | — | — | — | — | $133.7m |
($412.4m)
-408.39%
|
($244.6m)
+40.68%
|
($461.9m)
-88.80%
|
($499.8m)
-8.20%
|
|
| Free Cash Flow | — | — | — | — | — | — | $311.5m | $576.6m | $482.4m | $534.2m | $542.4m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $0 | ($36.2m) | $0 | $0 | $0 | |
| Investing Cash Flow | — | — | — | — | — | — | ($504.7m) | ($74.7m) | ($361.2m) | ($257.3m) | ($247.1m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($436.3m) | ($32.7m) | ($252.7m) | ($137.5m) | ($105.1m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $3.3m | $49.5m | $7.8m | $7.2m | $3.2m | |
| Operating Gains Losses | — | — | — | — | — | — | $80k | ($36.2m) | $3.8m | $719k | $719k | |
| Other Non Cash Items | — | — | — | — | — | — | $20.1m | ($12.7m) | $14.1m | $3.8m | — | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | $0 | $0 | $3.8m | $719k | $719k | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $6.4m | $22.4m | $27.4m | $11.6m | $13.7m | |
| Purchase Of Business | — | — | — | — | — | — | ($436.3m) | ($32.7m) | ($252.7m) | ($137.5m) | ($132.4m) | |
| Sale Of PPE | — | — | — | — | — | — | $3.3m | $49.5m | $7.8m | $7.2m | $3.2m | |
| Stock Based Compensation | — | — | — | — | — | — | $25.3m | $26.2m | $24.1m | $20.3m | $22.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.