Lincoln Electric
LECO
$178.89
Share price
-1.60%
Change (1 day)
28.17%
Change (1 year)
Operating Margin for Lincoln Electric (LECO)
Operating Margin as of October 2023 (TTM): 15.17%
According to Lincoln Electric 's latest financial reports and stock price the company's current Operating Margin is 15.17%. At the end of 2022 the company had an Operating Margin of 15.76%.
Operating Margin history for Lincoln Electric from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 15.76% | 56.85% |
| 2021 | 10.05% | 1.06% |
| 2020 | 9.94% | -18.96% |
| 2019 | 12.27% | 0.8% |
| 2018 | 12.17% | -12.77% |
| 2017 | 13.95% | 14.43% |
| 2016 | 12.19% | 82.13% |
| 2015 | 6.70% | -49.88% |
| 2014 | 13.36% | -8.49% |
| 2013 | 14.60% | 12.71% |
| 2012 | 12.95% | 15.82% |
| 2011 | 11.18% | 23.73% |
| 2010 | 9.04% | 80.73% |
| 2009 | 5.00% | -58.65% |
| 2008 | 12.09% | -3.95% |
| 2007 | 12.59% | 4.24% |
| 2006 | 12.08% | 25.66% |
| 2005 | 9.61% | 18.94% |
| 2004 | 8.08% | 21.47% |
| 2003 | 6.65% | -24.8% |
| 2002 | 8.85% | -25.37% |
| 2001 | 11.85% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Illinois Tool Works ITW | 24.11% | 58.93% | 🇺🇸 USA |
 Stanley Black & Decker
SWK | 0.22% | -98.55% | 🇺🇸 USA |
 Hurco Companies HURC | 3.62% | -76.14% | 🇺🇸 USA |
 Colfax Corporation CFX | 6.17% | -59.30% | 🇺🇸 USA |
 Kennametal KMT | 10.27% | -32.30% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.