Lincoln Electric Statements
LE
Lincoln Electric Income Statement
B
M
USD (except Earnings per share)
Financial
Revenue
Cost of sales
Gross profit
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Interest expense
Other income
Income before tax
Provision for income taxes
Net income
Diluted earnings per share
Shares outstanding after dilution
1 021.68
100
637.76
62.4
383.93
37.6
—
0
211.46
20.7
211.46
20.7
172.47
16.9
-5.506
-0.5
3.397
0.3
136.62
13.4
34.916
3.4
101.71
10
1.773
57.366
981.2
100
612.8
62.5
368.4
37.5
—
0
198.6
20.2
198.6
20.2
169.8
17.3
-7.164
-0.7
2.262
0.3
158.53
16.2
35.115
3.6
123.42
12.6
2.141
57.641
1 058.51
100
687.48
64.9
371.03
35.1
—
0
178.01
16.8
178.01
16.8
193.02
18.2
-19.494
-1.8
2.413
0.2
197.03
18.6
40.386
3.8
156.64
14.8
2.698
58.053
1 033.2
100
663.9
64.3
369.3
35.7
—
0
193.8
18.8
193.9
18.8
175.4
17
-3.9
-0.4
0.6
0.06
161.4
15.6
32.1
3.1
129.3
12.5
2.22
58.1
1 060.6
100
684.2
64.5
376.4
35.5
—
0
187.7
17.7
187.7
17.7
188.7
17.8
-16.7
-1.6
6.6
0.6
173.1
16.3
35.7
3.4
137.3
12.9
2.36
58.3
1 039.3
100
681.3
65.6
358.1
34.5
—
0
183.4
17.6
183.4
17.6
174.7
16.8
-19.7
-1.9
4
0.4
155.4
15
33.4
3.2
121.9
11.7
2.09
58.4
930.9
100
623
66.9
308
33.1
—
0
153.5
16.5
153.5
16.5
154.4
16.6
-16.1
-1.7
2.8
0.3
135.8
14.6
26.6
2.9
109.1
11.7
1.86
58.6
935.2
100
626.1
66.9
309.2
33.1
—
0
159.4
17
159.3
17
149.8
16
-5.2
-0.6
4
0.4
137.5
14.7
28.3
3
109.2
11.7
1.87
58.5
969.6
100
634.6
65.4
334.9
34.5
—
0
168.2
17.3
168.3
17.4
166.7
17.2
-5
-0.5
-1.2
-0.1
159.9
16.5
32.1
3.3
127.8
13.2
2.18
58.7
925.4
100
595.7
64.4
329.8
35.6
—
0
164.8
17.8
164.8
17.8
165
17.8
-8
-0.9
0.2
0.02
159.6
17.2
33.6
3.6
126
13.6
2.13
59.3
844.3
100
570.8
67.6
273.5
32.4
—
0
148.1
17.5
148.1
17.5
125.4
14.9
-8.1
-1
3.4
0.4
71.6
8.5
-2.8
-0.3
74.4
8.8
1.25
59.7
806.5
100
535.1
66.3
271.3
33.6
—
0
150
18.6
150
18.6
121.3
15
-4.7
-0.6
2
0.2
38.4
4.8
6.7
0.8
31.8
3.9
0.53
60.1
826.5
100
550.6
66.6
275.9
33.4
—
0
143.6
17.4
143.6
17.4
132.3
16
-12.7
-1.5
3.2
0.4
117.9
14.3
21.6
2.6
96.1
11.6
1.6
60.2
757
100
503.3
66.5
253.8
33.5
—
0
143.3
18.9
143.2
18.9
110.5
14.6
-6.5
-0.9
3.3
0.4
97.2
12.8
23
3
74.2
9.8
1.23
60.3
693.8
100
464.5
67
229.3
33
—
0
136.4
19.7
136.4
19.7
92.9
13.4
-5
-0.7
2.7
0.4
81.1
11.7
16.1
2.3
65.1
9.4
1.08
60.4
668.9
100
453.5
67.8
215.4
32.2
—
0
131.3
19.6
131.3
19.6
84.1
12.6
-5.5
-0.8
1
0.1
73.3
11
14.8
2.2
58.5
8.7
0.97
60
590.7
100
401.3
67.9
189.4
32.1
—
0
126.4
21.4
126.5
21.4
63
10.7
-5.8
-1
-0.3
-0.05
33.7
5.7
6.7
1.1
27
4.6
0.45
59.8
702
100
463.9
66.1
238.1
33.9
—
0
149.7
21.3
149.7
21.3
88.4
12.6
-5.3
-0.8
0.1
0.01
75.9
10.8
20.4
2.9
55.6
7.9
0.91
60.8
736.3
100
495.4
67.3
240.9
32.7
—
0
141.9
19.3
141.9
19.3
99
13.4
-13
-1.8
3.2
0.4
80.3
10.9
16.6
2.3
63.7
8.7
1.03
61.7
730.8
100
492.4
67.4
238.4
32.6
—
0
149
20.4
149
20.4
89.3
12.2
-5.5
-0.8
1.8
0.2
91.8
12.6
19.3
2.6
72.5
9.9
1.17
62.1
777
100
510.2
65.7
266.8
34.3
—
0
165.4
21.3
165.4
21.3
101.4
13.1
-3.1
-0.4
2.4
0.3
103.5
13.3
18
2.3
85.5
11
1.36
63
759.2
100
500.8
66
258.4
34
—
0
166.6
21.9
166.6
21.9
91.8
12.1
1.1
0.1
2.8
0.4
92.9
12.2
21.5
2.8
71.5
9.4
1.12
63.9
743.8
100
493.5
66.3
250.3
33.7
—
0
156.1
21
156.2
21
94.1
12.7
-0.5
-0.07
1.7
0.2
94.5
12.7
12.1
1.6
86.8
11.7
1.34
64.6
737.1
100
485.5
65.9
251.6
34.1
—
0
143.2
19.4
143.3
19.4
108.3
14.7
-8.3
-1.1
-1.6
-0.2
95.7
13
22.9
3.1
70.5
9.6
1.07
65.7
790.1
100
519.9
65.8
270.1
34.2
—
0
159.5
20.2
159.6
20.2
110.5
14
-7.7
-1
2.9
0.4
94.3
11.9
25.4
3.2
68.9
8.7
1.04
66.1
757.7
100
501.1
66.1
256.6
33.9
—
0
169.8
22.4
169.9
22.4
86.7
11.4
5.5
0.7
2.3
0.3
84.2
11.1
20.9
2.8
60.8
8
0.91
66.4
747.2
508.9
238.3
—
137.4
137.5
100.8
-19.7
1.1
73.7
21
24.2
0.36
66.5
669.5
451.6
217.9
—
132.9
132.9
85
-4.8
-1.2
130.6
24.5
106.1
1.59
66.7
626.9
409.4
217.5
—
137.4
137.3
80.1
2.9
0.9
84
22.6
61.4
0.92
66.7
580.9
378.2
202.7
—
137
137
65.7
9.2
3
77.9
22.1
55.8
0.84
66.6
563.8
366.4
197.5
—
83.4
83.4
114.1
-36.5
0.6
78.2
24.8
53.4
0.81
66.3
567.6
367.8
199.8
—
120.9
121
78.8
0.2
1.3
80.3
20.3
60
0.89
67.2
592.4
389.5
202.9
—
131
131
71.9
7.6
0.6
45.8
14.4
31.3
0.45
68.9
550.7
361.6
189.1
—
117.4
117.4
71.7
0.8
0.7
73.2
19.6
53.6
0.76
70.2
568
371.9
196.1
—
107
107.1
89
-12
1
71.2
22.5
48.7
0.68
72.1
645.2
446.3
198.9
—
120.3
120.3
78.6
-12.8
0.3
-88.5
-28
-60.5
-0.82
73.8
664.7
439
225.8
—
125.2
125.3
100.5
-5.2
0.3
94.4
23.6
70.9
0.94
75.8
657.9
437.5
220.4
—
120.3
120.3
100.1
-10
2.6
92.7
24.4
68.4
0.89
77.1
684
452.9
231.1
—
139.9
139.8
91.2
8.9
0.8
100.7
25.4
75.2
0.96
78.3
715.8
474.2
241.6
—
131.7
131.7
109.9
-4.1
1
77.8
33
45.7
0.57
79.7
728.5
478.3
250.3
—
138.4
138.5
111.8
2.8
1.1
114.9
37.6
77.3
0.96
80.8
685.1
458.7
226.3
—
145.9
145.9
80.4
0.9
1.1
82.4
26
56.5
0.69
81.6
714.8
471.7
243
—
123.9
123.9
119.2
1.4
1.1
121.4
33.3
88.3
1.07
82.2
691.9
459.2
232.7
—
128
128
104.7
-2.1
1.5
97.8
33.6
66
0.8
82.7
727.4
487.1
240.3
—
132.4
132.4
108
-1.5
0.9
106.5
34
72.6
0.87
83.4
718.6
492
226.6
—
136.5
136.4
90.1
0.9
0.7
90.7
23.8
66.8
0.8
83.8
684.6
471.6
213
—
122.3
122.3
90.7
1.2
0.7
87.6
25.6
62.1
0.742
83.7