Lincoln Electric Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	4,192	3,761	3,234	2,655	3,003	Upgrade
Revenue Growth (YoY)	11.44%	16.30%	21.80%	-11.58%	-0.84%	Upgrade
Cost of Revenue	2,726	2,480	2,166	1,784	1,996	Upgrade
Gross Profit	1,465	1,281	1,069	871.34	1,008	Upgrade
Selling, General & Admin	758.91	656.64	597.11	543.8	621.49	Upgrade
Other Operating Expenses	-11.31	11.79	9.83	45.47	15.19	Upgrade
Operating Expenses	747.6	668.42	606.94	589.27	636.68	Upgrade
Operating Income	717.85	612.34	461.67	282.07	370.91	Upgrade
Interest Expense / Income	44.37	29.5	22.21	21.97	23.42	Upgrade
Other Expense / Income	-13.39	-9.99	114.46	-3.91	-21.02	Upgrade
Pretax Income	686.87	592.83	325	264.01	368.52	Upgrade
Income Tax	141.62	120.6	48.42	57.9	75.41	Upgrade
Net Income	545.25	472.22	276.58	206.12	293.11	Upgrade
Net Income Growth	15.46%	70.74%	34.19%	-29.68%	2.11%	Upgrade
Shares Outstanding (Basic)	57	58	59	59	61	Upgrade
Shares Change	-0.93%	-2.22%	-0.71%	-2.74%	-5.12%	Upgrade
EPS (Basic)	9.50	8.14	4.66	3.46	4.73	Upgrade
EPS (Diluted)	9.37	8.04	4.60	3.42	4.68	Upgrade
EPS Growth	16.54%	74.78%	34.50%	-26.92%	7.09%	Upgrade
Free Cash Flow	626.05	314.83	309.31	299.83	343.08	Upgrade
Free Cash Flow Per Share	10.95	5.45	5.24	5.04	5.61	Upgrade
Dividend Per Share	2.630	2.320	2.090	1.980	1.900	Upgrade
Dividend Growth	13.36%	11.00%	5.56%	4.21%	15.85%	Upgrade
Gross Margin	34.96%	34.05%	33.04%	32.81%	33.55%	Upgrade
Operating Margin	17.13%	16.28%	14.27%	10.62%	12.35%	Upgrade
Profit Margin	13.01%	12.56%	8.55%	7.76%	9.76%	Upgrade
Free Cash Flow Margin	14.94%	8.37%	9.56%	11.29%	11.42%	Upgrade
Effective Tax Rate	20.62%	20.34%	14.90%	21.93%	20.46%	Upgrade
EBITDA	817.91	700.39	428.36	366.48	473.42	Upgrade
EBITDA Margin	19.51%	18.62%	13.24%	13.80%	15.76%	Upgrade
Depreciation & Amortization	86.67	78.06	81.15	80.49	81.49	Upgrade
EBIT	731.24	622.33	347.21	285.98	391.93	Upgrade
EBIT Margin	17.45%	16.55%	10.74%	10.77%	13.05%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).