Lincoln Electric
LECO
#1236
Rank
$14.51 B
Marketcap
$255.44
Share price
-1.13%
Change (1 day)
54.93%
Change (1 year)

Operating Margin for Lincoln Electric (LECO)

Operating Margin as of March 2024 (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
202215.76%56.85%
202110.05%1.06%
20209.94%-18.96%
201912.27%0.8%
201812.17%-12.77%
201713.95%14.43%
201612.19%82.13%
20156.70%-49.88%
201413.36%-8.49%
201314.60%12.71%
201212.95%15.82%
201111.18%23.73%
20109.04%80.73%
20095.00%-58.65%
200812.09%-3.95%
200712.59%4.24%
200612.08%25.66%
20059.61%18.94%
20048.08%21.47%
20036.65%-24.8%
20028.85%-25.37%
200111.85%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
24.11% 58.93%๐Ÿ‡บ๐Ÿ‡ธ USA
0.22%-98.55%๐Ÿ‡บ๐Ÿ‡ธ USA
3.62%-76.14%๐Ÿ‡บ๐Ÿ‡ธ USA
6.17%-59.30%๐Ÿ‡บ๐Ÿ‡ธ USA
10.27%-32.30%๐Ÿ‡บ๐Ÿ‡ธ 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.