Lincoln Electric Holdings Inc Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
4,186M
11.31%
2,715M
1,472M
777M
759M
71M
695M
51M
687M
128M
545M
15.46%
3,491M
-44M
782M
84M
695M
3,761M
16.30%
2,480M
1,281M
657M
657M
63M
612M
30M
593M
121M
472M
70.74%
3,137M
-30M
712M
78M
612M
3,234M
21.80%
2,166M
1,069M
597M
597M
56M
357M
22M
325M
48M
277M
34.19%
2,763M
-22M
438M
81M
357M
2,655M
-11.58%
1,784M
871M
544M
544M
51M
282M
22M
264M
58M
206M
-29.68%
2,328M
-22M
412M
80M
282M
3,003M
-0.84%
1,996M
1,008M
621M
621M
57M
371M
23M
368M
75M
293M
2.11%
2,617M
-23M
489M
81M
371M
3,029M
15.40%
2,000M
1,029M
628M
628M
54M
376M
18M
369M
82M
287M
15.98%
2,628M
-18M
484M
72M
412M
2,624M
15.38%
1,744M
880M
546M
546M
48M
378M
24M
366M
119M
248M
24.75%
2,290M
-19M
416M
68M
347M
2,275M
-10.30%
1,485M
789M
467M
467M
45M
288M
19M
277M
79M
198M
55.63%
1,952M
-17M
396M
0M
331M
2,536M
-9.86%
1,695M
841M
639M
639M
47M
182M
22M
170M
42M
127M
-49.95%
2,334M
0M
276M
0M
212M
2,813M
-1.38%
1,864M
949M
545M
545M
43M
374M
10M
376M
0M
255M
-13.31%
2,410M
0M
486M
0M
416M
2,853M
-0.02%
1,910M
943M
527M
527M
42M
407M
3M
416M
0M
294M
14.13%
2,437M
0M
497M
0M
428M
2,853M
5.89%
1,987M
867M
495M
495M
37M
362M
4M
370M
0M
257M
18.52%
2,482M
0M
448M
0M
383M
2,695M
30.16%
1,958M
737M
440M
440M
33M
297M
7M
301M
0M
217M
66.75%
2,398M
0M
367M
0M
305M
2,070M
19.71%
1,506M
564M
378M
378M
29M
186M
7M
187M
0M
130M
168.12%
1,884M
0M
249M
0M
192M
1,729M
-30.25%
1,273M
456M
333M
333M
28M
93M
9M
86M
0M
49M
-77.12%
1,606M
0M
178M
0M
121M
2,479M
8.70%
1,759M
720M
425M
405M
27M
295M
12M
300M
0M
212M
4.71%
2,184M
0M
367M
0M
310M
2,281M
15.66%
1,633M
648M
370M
370M
26M
278M
11M
287M
0M
203M
15.84%
2,003M
0M
326M
0M
274M
1,972M
23.15%
1,420M
552M
316M
316M
24M
233M
10M
238M
0M
175M
43.09%
1,735M
0M
284M
0M
238M
1,601M
20.06%
1,164M
437M
287M
285M
22M
150M
8M
154M
0M
122M
51.75%
1,451M
0M
189M
0M
147M
1,334M
28.17%
971M
362M
259M
257M
20M
103M
6M
108M
0M
81M
47.77%
1,230M
0M
144M
0M
102M
1,041M
4.68%
760M
281M
212M
211M
19M
68M
8M
69M
0M
55M
86.31%
972M
0M
105M
0M
67M
994M
1.55%
694M
300M
209M
198M
19M
92M
9M
88M
0M
29M
-64.98%
903M
0M
137M
0M
100M
979M
-7.53%
672M
307M
190M
190M
18M
117M
0M
116M
0M
84M
7.04%
862M
0M
150M
0M
114M
1,059M
-2.54%
669M
390M
251M
216M
17M
139M
0M
122M
0M
78M
5.67%
920M
0M
184M
0M
149M
1,086M
-8.47%
685M
401M
253M
224M
0M
148M
0M
114M
0M
74M
-21.13%
938M
0M
207M
0M
178M
1,187M
2.38%
702M
485M
338M
310M
0M
147M
0M
147M
0M
94M
9.72%
1,039M
0M
170M
0M
142M
1,159M
4.51%
690M
469M
334M
306M
0M
135M
0M
135M
0M
85M
14.94%
1,024M
0M
157M
0M
128M
1,109M
7.43%
657M
452M
340M
310M
0M
112M
0M
118M
0M
74M
20.81%
997M
0M
129M
0M
99M
1,032M
13.86%
605M
428M
320M
290M
0M
108M
0M
100M
0M
62M
28.13%
924M
0M
134M
0M
104M
907M
-
528M
378M
290M
262M
0M
89M
0M
80M
0M
48M
28.13%
818M
0M
110M
0M
82M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
4Q2003
3Q2003
2Q2003
1Q2003
4Q2002
3Q2002
2Q2002
1Q2002
4Q2001
3Q2001
2Q2001
1Q2001
4Q2000
3Q2000
2Q2000
1Q2000
4Q1999
3Q1999
2Q1999
1Q1999
4Q1998
3Q1998
2Q1998
1Q1998
4Q1997
3Q1997
2Q1997
1Q1997
4Q1996
3Q1996
2Q1996
1Q1996
4Q1995
3Q1995
2Q1995
1Q1995
4Q1994
3Q1994
2Q1994
1Q1994
1,059M
13.70%
687M
371M
189M
189M
0M
182M
9M
197M
40M
157M
43.52%
876M
-9M
204M
22M
182M
1,033M
10.48%
668M
366M
187M
187M
0M
171M
11M
161M
32M
129M
18.42%
855M
-11M
201M
21M
179M
1,061M
9.38%
687M
373M
193M
193M
0M
178M
12M
173M
36M
137M
7.44%
880M
-12M
209M
22M
187M
1,039M
12.31%
684M
355M
190M
190M
0M
164M
13M
155M
33M
122M
-3.25%
874M
-13M
191M
21M
164M
931M
10.27%
623M
308M
164M
164M
63M
141M
9M
136M
27M
109M
46.65%
787M
-9M
166M
19M
141M
935M
15.97%
626M
310M
159M
159M
0M
142M
8M
137M
28M
109M
243.94%
785M
-8M
173M
19M
142M
970M
17.32%
636M
333M
167M
167M
0M
168M
6M
160M
32M
128M
33.00%
803M
-6M
185M
20M
168M
925M
22.25%
596M
330M
167M
167M
0M
161M
6M
160M
34M
126M
69.90%
762M
-6M
188M
20M
161M
844M
21.69%
572M
273M
151M
151M
0M
120M
5M
72M
-3M
74M
14.37%
722M
-5M
99M
21M
79M
806M
20.57%
538M
268M
149M
149M
0M
116M
6M
38M
7M
32M
-45.70%
687M
-6M
70M
22M
48M
826M
39.90%
552M
274M
152M
152M
0M
122M
6M
118M
22M
96M
256.00%
704M
-6M
144M
19M
124M
757M
7.84%
503M
254M
146M
146M
0M
104M
5M
97M
23M
74M
33.50%
649M
-5M
126M
19M
107M
694M
-5.77%
465M
229M
136M
150M
0M
83M
5M
81M
16M
65M
2.14%
601M
-5M
116M
20M
96M
669M
-8.47%
454M
215M
131M
131M
0M
78M
6M
73M
15M
58M
-19.30%
585M
-6M
105M
19M
85M
591M
-23.97%
401M
189M
126M
126M
0M
40M
6M
34M
7M
27M
-68.41%
528M
-6M
83M
20M
63M
702M
-7.53%
465M
237M
150M
150M
0M
81M
5M
76M
20M
56M
-22.27%
614M
-5M
109M
21M
88M
736M
-1.01%
495M
241M
149M
149M
57M
83M
6M
80M
17M
64M
-26.63%
645M
-6M
116M
21M
95M
731M
-0.86%
492M
238M
148M
148M
57M
89M
6M
92M
19M
72M
2.72%
641M
-6M
121M
21M
100M
777M
-1.65%
507M
270M
163M
163M
57M
105M
6M
103M
18M
85M
24.09%
671M
-6M
131M
20M
111M
759M
0.20%
501M
258M
160M
160M
57M
94M
5M
93M
21M
71M
17.52%
661M
-5M
121M
19M
102M
744M
-0.45%
494M
250M
154M
154M
54M
95M
4M
94M
0M
87M
259.12%
648M
0M
118M
18M
100M
737M
10.10%
486M
252M
148M
148M
54M
101M
4M
96M
0M
71M
-33.53%
634M
0M
156M
18M
102M
790M
26.03%
520M
270M
164M
164M
54M
95M
5M
94M
0M
69M
12.24%
684M
0M
129M
18M
111M
758M
30.44%
501M
257M
161M
161M
0M
85M
4M
84M
0M
61M
8.92%
662M
0M
117M
18M
99M
747M
32.52%
508M
239M
155M
155M
48M
76M
6M
74M
0M
24M
-54.71%
663M
0M
106M
18M
88M
669M
17.94%
450M
220M
138M
138M
0M
133M
6M
131M
0M
106M
76.73%
588M
0M
103M
18M
85M
627M
5.81%
409M
217M
130M
130M
0M
88M
6M
84M
0M
61M
95.91%
539M
0M
106M
16M
90M
581M
5.48%
377M
204M
122M
122M
0M
81M
6M
78M
0M
56M
4.11%
499M
0M
100M
16M
84M
564M
-0.73%
366M
197M
114M
114M
45M
83M
7M
78M
0M
53M
9.66%
481M
0M
102M
17M
85M
568M
-12.02%
368M
200M
118M
118M
0M
82M
4M
80M
0M
60M
-199.31%
486M
0M
100M
16M
84M
592M
-10.88%
389M
203M
120M
120M
0M
48M
4M
46M
0M
31M
-55.83%
510M
0M
101M
17M
84M
551M
-16.29%
362M
189M
114M
114M
0M
75M
4M
73M
0M
54M
-21.53%
475M
0M
93M
16M
77M
568M
-16.96%
372M
196M
117M
117M
47M
78M
10M
71M
0M
49M
-35.26%
489M
0M
98M
16M
81M
645M
-9.86%
446M
199M
265M
265M
0M
-84M
6M
-89M
0M
-60M
-232.34%
711M
0M
-48M
16M
-64M
665M
-8.76%
439M
226M
128M
128M
0M
97M
4M
94M
0M
71M
-8.32%
567M
0M
116M
16M
100M
658M
-3.96%
438M
220M
130M
130M
0M
90M
2M
93M
0M
68M
21.08%
567M
0M
111M
16M
95M
684M
-4.31%
453M
231M
126M
126M
43M
105M
7M
101M
0M
75M
-14.85%
579M
0M
124M
17M
108M
716M
3.45%
474M
242M
136M
136M
0M
76M
1M
78M
0M
46M
-30.82%
611M
0M
125M
17M
108M
729M
0.15%
478M
250M
137M
137M
0M
112M
1M
115M
0M
77M
6.51%
615M
0M
135M
18M
117M
685M
-4.66%
459M
226M
146M
146M
0M
80M
2M
82M
0M
56M
-15.50%
605M
0M
102M
18M
84M
715M
4.40%
472M
243M
124M
124M
42M
119M
1M
121M
0M
88M
42.27%
596M
0M
139M
17M
122M
692M
-0.81%
459M
233M
131M
131M
0M
95M
1M
98M
0M
66M
1.97%
590M
0M
122M
17M
105M
727M
-2.23%
487M
240M
135M
135M
0M
104M
1M
107M
0M
73M
9.48%
622M
0M
125M
17M
108M
719M
-1.18%
492M
227M
137M
137M
0M
89M
1M
91M
0M
67M
3.99%
629M
0M
110M
17M
93M
685M
-1.42%
472M
213M
122M
122M
37M
86M
1M
88M
0M
62M
7.54%
594M
0M
111M
-6M
93M
698M
-0.58%
484M
213M
122M
122M
0M
89M
1M
91M
0M
65M
16.63%
606M
0M
111M
24M
94M
744M
6.40%
519M
225M
128M
128M
0M
96M
1M
98M
0M
66M
16.32%
647M
0M
116M
24M
100M
727M
21.35%
512M
215M
124M
124M
0M
92M
1M
93M
0M
64M
36.95%
635M
0M
109M
23M
93M
695M
23.08%
500M
194M
112M
112M
33M
82M
2M
83M
0M
58M
39.11%
612M
0M
121M
37M
84M
702M
35.10%
516M
185M
111M
111M
0M
75M
2M
76M
0M
56M
71.00%
627M
0M
93M
5M
77M
699M
35.63%
504M
196M
116M
116M
0M
80M
2M
81M
0M
57M
75.21%
619M
0M
98M
22M
82M
599M
27.23%
438M
161M
102M
102M
0M
59M
2M
61M
0M
47M
97.70%
540M
0M
76M
21M
61M
564M
22.02%
416M
148M
95M
93M
29M
52M
2M
52M
0M
42M
70.48%
512M
0M
68M
15M
53M
519M
17.55%
375M
144M
96M
96M
0M
48M
2M
49M
0M
32M
154.55%
471M
0M
64M
14M
50M
516M
24.75%
367M
149M
97M
101M
0M
51M
2M
52M
0M
33M
115.95%
464M
0M
67M
14M
53M
471M
14.38%
348M
123M
89M
88M
0M
35M
2M
35M
0M
24M
-760.21%
436M
0M
50M
14M
36M
462M
-12.11%
328M
134M
65M
91M
28M
39M
2M
40M
0M
24M
25.04%
393M
0M
85M
14M
71M
442M
-30.19%
317M
125M
92M
85M
0M
33M
2M
24M
0M
13M
-81.57%
409M
0M
25M
15M
11M
413M
-40.94%
307M
106M
87M
80M
0M
19M
2M
24M
0M
15M
-78.51%
394M
0M
39M
14M
25M
412M
-33.61%
322M
90M
89M
78M
0M
1M
3M
-2M
0M
-4M
-106.72%
411M
0M
14M
13M
0M
526M
-9.32%
385M
141M
86M
86M
27M
36M
12M
33M
0M
19M
-60.67%
471M
0M
86M
15M
71M
633M
12.05%
436M
197M
107M
107M
0M
90M
3M
93M
0M
69M
38.48%
543M
0M
104M
14M
90M
700M
19.29%
495M
205M
113M
113M
0M
92M
3M
95M
0M
70M
26.93%
608M
0M
105M
14M
91M
620M
12.97%
443M
177M
99M
99M
0M
78M
3M
79M
0M
53M
11.41%
542M
0M
92M
14M
78M
580M
14.71%
419M
161M
95M
95M
26M
66M
11M
70M
0M
50M
-4.40%
514M
0M
78M
13M
64M
565M
14.07%
405M
160M
92M
92M
0M
68M
3M
70M
0M
50M
13.96%
497M
0M
80M
13M
67M
587M
16.74%
418M
169M
93M
93M
0M
75M
3M
79M
0M
55M
29.63%
511M
0M
88M
13M
75M
549M
17.22%
391M
158M
90M
90M
0M
68M
3M
69M
0M
48M
30.62%
480M
0M
81M
12M
69M
506M
20.34%
371M
134M
72M
75M
24M
59M
10M
62M
0M
52M
73.98%
443M
0M
74M
11M
62M
495M
20.18%
354M
141M
82M
81M
0M
60M
3M
62M
0M
44M
14.84%
435M
0M
72M
12M
60M
503M
23.80%
356M
146M
85M
83M
0M
62M
2M
63M
0M
43M
32.72%
441M
0M
74M
11M
63M
468M
29.07%
338M
130M
78M
77M
0M
52M
2M
52M
0M
37M
65.24%
416M
0M
64M
11M
53M
420M
19.77%
307M
113M
76M
75M
22M
38M
8M
38M
0M
30M
90.45%
382M
0M
49M
11M
38M
412M
19.66%
301M
111M
71M
71M
0M
40M
2M
43M
0M
38M
66.06%
372M
0M
48M
11M
37M
406M
22.32%
292M
114M
72M
72M
0M
42M
2M
43M
0M
32M
35.35%
364M
0M
51M
10M
41M
363M
18.40%
265M
98M
68M
67M
0M
30M
2M
30M
0M
22M
21.91%
333M
0M
41M
10M
31M
351M
30.27%
266M
85M
68M
66M
20M
17M
6M
19M
0M
16M
11.05%
334M
0M
31M
13M
18M
344M
34.02%
252M
93M
61M
61M
0M
31M
1M
32M
0M
23M
63.45%
313M
0M
41M
10M
31M
332M
25.24%
231M
100M
69M
69M
0M
31M
1M
33M
0M
24M
66.69%
300M
0M
40M
10M
30M
307M
22.97%
223M
84M
61M
61M
0M
23M
2M
24M
0M
18M
49.98%
283M
0M
32M
9M
23M
269M
12.95%
196M
73M
56M
56M
19M
17M
8M
18M
0M
14M
-23.31%
253M
0M
25M
10M
16M
257M
3.81%
187M
70M
52M
52M
0M
18M
2M
18M
0M
14M
-23.23%
239M
0M
27M
10M
18M
265M
2.02%
195M
70M
52M
52M
0M
18M
2M
18M
0M
14M
-27.79%
247M
0M
27M
9M
18M
249M
0.37%
182M
67M
52M
51M
0M
15M
2M
16M
0M
12M
-144.85%
234M
0M
25M
9M
15M
239M
0.65%
167M
71M
46M
36M
19M
25M
9M
24M
0M
18M
-11.06%
214M
0M
45M
9M
35M
247M
3.16%
174M
73M
48M
48M
0M
25M
3M
24M
0M
18M
-4.51%
222M
0M
33M
9M
24M
260M
4.16%
178M
82M
54M
54M
0M
27M
3M
26M
0M
20M
-9.50%
232M
0M
36M
9M
27M
248M
-1.69%
174M
74M
60M
49M
0M
14M
1M
13M
0M
-27M
-223.40%
234M
0M
33M
9M
24M
237M
-5.72%
166M
71M
44M
44M
18M
26M
1M
29M
0M
21M
138.24%
211M
0M
33M
9M
23M
240M
-4.49%
167M
73M
47M
47M
0M
26M
1M
25M
0M
19M
22.44%
214M
0M
35M
9M
26M
249M
-9.08%
169M
80M
48M
48M
0M
32M
2M
31M
0M
22M
-25.81%
217M
0M
40M
9M
31M
253M
-10.36%
169M
83M
50M
50M
0M
33M
2M
31M
0M
22M
-9.91%
219M
0M
42M
9M
34M
251M
-4.75%
157M
94M
63M
55M
17M
31M
1M
12M
0M
9M
-62.34%
220M
0M
58M
9M
49M
251M
-5.53%
161M
90M
60M
51M
0M
31M
2M
25M
0M
16M
-32.73%
221M
0M
44M
9M
35M
274M
0.27%
174M
101M
63M
54M
0M
38M
2M
46M
0M
29M
26.00%
237M
0M
35M
9M
27M
282M
-0.39%
177M
105M
65M
57M
0M
39M
2M
38M
0M
24M
467.40%
242M
0M
47M
8M
39M
264M
-7.31%
208M
56M
20M
12M
0M
36M
0M
36M
0M
23M
7.48%
228M
0M
44M
8M
36M
266M
-7.71%
154M
112M
75M
69M
0M
37M
0M
36M
0M
23M
0.00%
229M
0M
44M
7M
37M
274M
-12.03%
160M
114M
77M
70M
0M
37M
0M
36M
0M
23M
-7.54%
237M
0M
43M
7M
36M
283M
-6.63%
165M
118M
80M
73M
0M
38M
0M
6M
0M
4M
-81.86%
245M
0M
76M
7M
69M
285M
-0.87%
169M
116M
84M
76M
0M
32M
0M
32M
0M
21M
5.94%
252M
0M
40M
8M
32M
288M
-1.20%
170M
118M
82M
75M
0M
36M
0M
37M
0M
23M
8.37%
252M
0M
41M
7M
34M
311M
3.77%
184M
127M
87M
80M
0M
40M
0M
41M
0M
25M
11.01%
271M
0M
46M
7M
39M
303M
7.94%
180M
123M
85M
79M
0M
38M
0M
38M
0M
24M
12.86%
265M
0M
44M
6M
37M
287M
4.47%
171M
116M
85M
78M
0M
31M
0M
31M
0M
20M
13.48%
256M
0M
37M
8M
29M
292M
7.64%
174M
117M
84M
77M
0M
34M
0M
34M
0M
22M
9.14%
258M
0M
38M
7M
32M
300M
5.31%
179M
121M
85M
78M
0M
36M
0M
36M
0M
23M
12.38%
263M
0M
42M
7M
35M
281M
0.72%
166M
115M
80M
73M
0M
34M
0M
34M
0M
21M
26.51%
246M
0M
40M
7M
33M
275M
9.39%
167M
108M
80M
74M
0M
28M
0M
28M
0M
18M
32.84%
247M
0M
33M
6M
27M
271M
8.58%
159M
112M
88M
80M
0M
24M
0M
31M
0M
20M
34.01%
247M
0M
22M
8M
14M
285M
6.08%
167M
118M
86M
78M
0M
32M
0M
32M
0M
20M
16.09%
252M
0M
39M
8M
30M
279M
5.81%
164M
114M
86M
79M
0M
28M
0M
27M
0M
17M
3.11%
251M
0M
35M
8M
27M
251M
8.69%
147M
105M
82M
73M
0M
22M
0M
21M
0M
13M
-1.47%
229M
0M
31M
9M
21M
250M
8.10%
149M
101M
76M
69M
0M
25M
0M
24M
0M
15M
25.64%
225M
0M
31M
7M
24M
268M
14.52%
154M
114M
83M
77M
0M
31M
0M
28M
0M
17M
41.46%
238M
0M
36M
7M
30M
263M
25.13%
155M
108M
78M
72M
0M
30M
0M
27M
0M
16M
54.81%
233M
0M
36M
7M
29M
231M
-
0M
231M
-818M
0M
0M
-587M
0M
0M
0M
14M
54.81%
818M
0M
-587M
8M
-595M
231M
-
0M
231M
0M
0M
0M
231M
0M
0M
0M
12M
54.81%
0M
0M
231M
7M
224M
234M
-
0M
234M
0M
0M
0M
234M
0M
0M
0M
12M
54.81%
0M
0M
234M
6M
229M
211M
-
0M
211M
0M
0M
0M
211M
0M
0M
0M
10M
54.81%
0M
0M
211M
7M
203M