Free Trial

Lincoln Electric (LECO) Competitors

Lincoln Electric logo
$261.37 +7.09 (+2.79%)
As of 11:02 AM Eastern

LECO vs. NDSN, DCI, DOV, GGG, and IR

Should you buy Lincoln Electric stock or one of its competitors? MarketBeat compares Lincoln Electric with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Lincoln Electric include Nordson (NDSN), Donaldson (DCI), Dover (DOV), Graco (GGG), and Ingersoll Rand (IR). These companies are all part of the "industrial machinery" industry.

How does Lincoln Electric compare to Nordson?

Nordson (NASDAQ:NDSN) and Lincoln Electric (NASDAQ:LECO) are both large-cap industrials companies, but which is the superior business? We will compare the two businesses based on the strength of their media sentiment, risk, institutional ownership, analyst recommendations, dividends, valuation, earnings and profitability.

Nordson currently has a consensus price target of $311.29, suggesting a potential upside of 6.88%. Lincoln Electric has a consensus price target of $296.00, suggesting a potential upside of 13.25%. Given Lincoln Electric's higher possible upside, analysts plainly believe Lincoln Electric is more favorable than Nordson.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nordson
0 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.56
Lincoln Electric
1 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.38

Nordson has a beta of 0.97, meaning that its stock price is 3% less volatile than the broader market. Comparatively, Lincoln Electric has a beta of 1.21, meaning that its stock price is 21% more volatile than the broader market.

Lincoln Electric has higher revenue and earnings than Nordson. Lincoln Electric is trading at a lower price-to-earnings ratio than Nordson, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nordson$2.79B5.81$484.47M$9.3831.05
Lincoln Electric$4.35B3.29$520.53M$9.6926.97

Nordson has a net margin of 18.19% compared to Lincoln Electric's net margin of 12.38%. Lincoln Electric's return on equity of 39.33% beat Nordson's return on equity.

Company Net Margins Return on Equity Return on Assets
Nordson18.19% 20.08% 10.39%
Lincoln Electric 12.38%39.33%14.93%

Nordson pays an annual dividend of $3.28 per share and has a dividend yield of 1.1%. Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.2%. Nordson pays out 35.0% of its earnings in the form of a dividend. Lincoln Electric pays out 32.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Nordson has raised its dividend for 62 consecutive years and Lincoln Electric has raised its dividend for 30 consecutive years. Lincoln Electric is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Nordson had 5 more articles in the media than Lincoln Electric. MarketBeat recorded 10 mentions for Nordson and 5 mentions for Lincoln Electric. Lincoln Electric's average media sentiment score of 1.41 beat Nordson's score of 1.24 indicating that Lincoln Electric is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nordson
5 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Lincoln Electric
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

72.1% of Nordson shares are held by institutional investors. Comparatively, 79.6% of Lincoln Electric shares are held by institutional investors. 0.8% of Nordson shares are held by company insiders. Comparatively, 1.7% of Lincoln Electric shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Lincoln Electric beats Nordson on 12 of the 19 factors compared between the two stocks.

How does Lincoln Electric compare to Donaldson?

Lincoln Electric (NASDAQ:LECO) and Donaldson (NYSE:DCI) are both large-cap industrials companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, profitability, institutional ownership, media sentiment, earnings, risk, dividends and analyst recommendations.

79.6% of Lincoln Electric shares are held by institutional investors. Comparatively, 82.8% of Donaldson shares are held by institutional investors. 1.7% of Lincoln Electric shares are held by insiders. Comparatively, 2.2% of Donaldson shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Lincoln Electric has a beta of 1.21, meaning that its share price is 21% more volatile than the broader market. Comparatively, Donaldson has a beta of 0.95, meaning that its share price is 5% less volatile than the broader market.

Lincoln Electric has higher revenue and earnings than Donaldson. Lincoln Electric is trading at a lower price-to-earnings ratio than Donaldson, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lincoln Electric$4.35B3.29$520.53M$9.6926.97
Donaldson$3.69B2.71$367M$3.2026.99

Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.2%. Donaldson pays an annual dividend of $1.20 per share and has a dividend yield of 1.4%. Lincoln Electric pays out 32.6% of its earnings in the form of a dividend. Donaldson pays out 37.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Lincoln Electric has increased its dividend for 30 consecutive years and Donaldson has increased its dividend for 38 consecutive years. Donaldson is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Lincoln Electric has a net margin of 12.38% compared to Donaldson's net margin of 10.09%. Lincoln Electric's return on equity of 39.33% beat Donaldson's return on equity.

Company Net Margins Return on Equity Return on Assets
Lincoln Electric12.38% 39.33% 14.93%
Donaldson 10.09%29.85%14.88%

In the previous week, Donaldson had 11 more articles in the media than Lincoln Electric. MarketBeat recorded 16 mentions for Donaldson and 5 mentions for Lincoln Electric. Lincoln Electric's average media sentiment score of 1.41 beat Donaldson's score of 0.61 indicating that Lincoln Electric is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Lincoln Electric
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Donaldson
5 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Lincoln Electric currently has a consensus target price of $296.00, suggesting a potential upside of 13.25%. Donaldson has a consensus target price of $100.20, suggesting a potential upside of 16.01%. Given Donaldson's stronger consensus rating and higher probable upside, analysts clearly believe Donaldson is more favorable than Lincoln Electric.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lincoln Electric
1 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.38
Donaldson
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Summary

Lincoln Electric beats Donaldson on 11 of the 19 factors compared between the two stocks.

How does Lincoln Electric compare to Dover?

Dover (NYSE:DOV) and Lincoln Electric (NASDAQ:LECO) are both large-cap industrials companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, valuation, profitability, risk, media sentiment and dividends.

Dover has higher revenue and earnings than Lincoln Electric. Dover is trading at a lower price-to-earnings ratio than Lincoln Electric, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dover$8.09B3.60$1.09B$8.0226.96
Lincoln Electric$4.35B3.29$520.53M$9.6926.97

Dover has a beta of 1.17, suggesting that its stock price is 17% more volatile than the broader market. Comparatively, Lincoln Electric has a beta of 1.21, suggesting that its stock price is 21% more volatile than the broader market.

84.5% of Dover shares are owned by institutional investors. Comparatively, 79.6% of Lincoln Electric shares are owned by institutional investors. 1.1% of Dover shares are owned by insiders. Comparatively, 1.7% of Lincoln Electric shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Dover has a net margin of 13.30% compared to Lincoln Electric's net margin of 12.38%. Lincoln Electric's return on equity of 39.33% beat Dover's return on equity.

Company Net Margins Return on Equity Return on Assets
Dover13.30% 18.01% 10.10%
Lincoln Electric 12.38%39.33%14.93%

Dover pays an annual dividend of $2.08 per share and has a dividend yield of 1.0%. Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.2%. Dover pays out 25.9% of its earnings in the form of a dividend. Lincoln Electric pays out 32.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Dover has raised its dividend for 70 consecutive years and Lincoln Electric has raised its dividend for 30 consecutive years.

Dover presently has a consensus target price of $237.36, indicating a potential upside of 9.77%. Lincoln Electric has a consensus target price of $296.00, indicating a potential upside of 13.25%. Given Lincoln Electric's higher possible upside, analysts clearly believe Lincoln Electric is more favorable than Dover.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dover
0 Sell rating(s)
7 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.53
Lincoln Electric
1 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.38

In the previous week, Lincoln Electric had 1 more articles in the media than Dover. MarketBeat recorded 5 mentions for Lincoln Electric and 4 mentions for Dover. Lincoln Electric's average media sentiment score of 1.41 beat Dover's score of 0.82 indicating that Lincoln Electric is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Dover
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Lincoln Electric
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Lincoln Electric beats Dover on 10 of the 19 factors compared between the two stocks.

How does Lincoln Electric compare to Graco?

Graco (NYSE:GGG) and Lincoln Electric (NASDAQ:LECO) are both large-cap industrials companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, earnings, risk, valuation, profitability, media sentiment, institutional ownership and dividends.

Graco has a beta of 0.93, suggesting that its share price is 7% less volatile than the broader market. Comparatively, Lincoln Electric has a beta of 1.21, suggesting that its share price is 21% more volatile than the broader market.

Graco has higher earnings, but lower revenue than Lincoln Electric. Graco is trading at a lower price-to-earnings ratio than Lincoln Electric, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Graco$2.25B5.49$521.84M$3.0724.21
Lincoln Electric$4.35B3.29$520.53M$9.6926.97

Graco pays an annual dividend of $1.18 per share and has a dividend yield of 1.6%. Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.2%. Graco pays out 38.4% of its earnings in the form of a dividend. Lincoln Electric pays out 32.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Graco has raised its dividend for 29 consecutive years and Lincoln Electric has raised its dividend for 30 consecutive years.

In the previous week, Lincoln Electric had 3 more articles in the media than Graco. MarketBeat recorded 5 mentions for Lincoln Electric and 2 mentions for Graco. Lincoln Electric's average media sentiment score of 1.41 beat Graco's score of 0.60 indicating that Lincoln Electric is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Graco
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Lincoln Electric
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Graco has a net margin of 22.96% compared to Lincoln Electric's net margin of 12.38%. Lincoln Electric's return on equity of 39.33% beat Graco's return on equity.

Company Net Margins Return on Equity Return on Assets
Graco22.96% 18.66% 15.22%
Lincoln Electric 12.38%39.33%14.93%

93.9% of Graco shares are owned by institutional investors. Comparatively, 79.6% of Lincoln Electric shares are owned by institutional investors. 2.2% of Graco shares are owned by insiders. Comparatively, 1.7% of Lincoln Electric shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Graco currently has a consensus price target of $94.25, indicating a potential upside of 26.82%. Lincoln Electric has a consensus price target of $296.00, indicating a potential upside of 13.25%. Given Graco's stronger consensus rating and higher probable upside, analysts plainly believe Graco is more favorable than Lincoln Electric.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Graco
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
Lincoln Electric
1 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.38

Summary

Lincoln Electric beats Graco on 10 of the 19 factors compared between the two stocks.

How does Lincoln Electric compare to Ingersoll Rand?

Lincoln Electric (NASDAQ:LECO) and Ingersoll Rand (NYSE:IR) are both large-cap industrials companies, but which is the better investment? We will compare the two companies based on the strength of their media sentiment, risk, earnings, institutional ownership, dividends, analyst recommendations, valuation and profitability.

Lincoln Electric has a beta of 1.21, suggesting that its share price is 21% more volatile than the broader market. Comparatively, Ingersoll Rand has a beta of 1.19, suggesting that its share price is 19% more volatile than the broader market.

79.6% of Lincoln Electric shares are owned by institutional investors. Comparatively, 95.3% of Ingersoll Rand shares are owned by institutional investors. 1.7% of Lincoln Electric shares are owned by insiders. Comparatively, 0.5% of Ingersoll Rand shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Ingersoll Rand has higher revenue and earnings than Lincoln Electric. Lincoln Electric is trading at a lower price-to-earnings ratio than Ingersoll Rand, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lincoln Electric$4.35B3.29$520.53M$9.6926.97
Ingersoll Rand$7.65B3.68$581.40M$1.4848.60

In the previous week, Ingersoll Rand had 8 more articles in the media than Lincoln Electric. MarketBeat recorded 13 mentions for Ingersoll Rand and 5 mentions for Lincoln Electric. Lincoln Electric's average media sentiment score of 1.41 beat Ingersoll Rand's score of 1.26 indicating that Lincoln Electric is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Lincoln Electric
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ingersoll Rand
8 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Lincoln Electric currently has a consensus price target of $296.00, suggesting a potential upside of 13.25%. Ingersoll Rand has a consensus price target of $93.38, suggesting a potential upside of 29.81%. Given Ingersoll Rand's stronger consensus rating and higher probable upside, analysts plainly believe Ingersoll Rand is more favorable than Lincoln Electric.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lincoln Electric
1 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.38
Ingersoll Rand
0 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.44

Lincoln Electric has a net margin of 12.38% compared to Ingersoll Rand's net margin of 7.54%. Lincoln Electric's return on equity of 39.33% beat Ingersoll Rand's return on equity.

Company Net Margins Return on Equity Return on Assets
Lincoln Electric12.38% 39.33% 14.93%
Ingersoll Rand 7.54%12.79%7.16%

Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.2%. Ingersoll Rand pays an annual dividend of $0.08 per share and has a dividend yield of 0.1%. Lincoln Electric pays out 32.6% of its earnings in the form of a dividend. Ingersoll Rand pays out 5.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Lincoln Electric has raised its dividend for 30 consecutive years. Lincoln Electric is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Lincoln Electric and Ingersoll Rand tied by winning 9 of the 18 factors compared between the two stocks.

Get Lincoln Electric News Delivered to You Automatically

Sign up to receive the latest news and ratings for LECO and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding LECO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

LECO vs. The Competition

MetricLincoln ElectricMACH TLS&RL PRD IndustryIndustrials SectorNASDAQ Exchange
Market Cap$14.32B$12.51B$9.63B$12.49B
Dividend Yield1.22%1.74%3.54%5.30%
P/E Ratio26.9720.2725.2024.34
Price / Sales3.292.025,101.40125.86
Price / Cash21.3515.2628.2057.88
Price / Book9.793.365.096.76
Net Income$520.53M$442.27M$794.09M$337.09M
7 Day Performance-0.56%0.25%0.85%1.50%
1 Month Performance-1.83%2.34%2.73%6.18%
1 Year Performance34.33%24.40%30.98%35.62%

Lincoln Electric Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LECO
Lincoln Electric
4.5689 of 5 stars
$261.37
+2.8%
$296.00
+13.2%
+33.3%$14.32B$4.35B26.9712,000
NDSN
Nordson
3.8021 of 5 stars
$289.90
flat
$308.43
+6.4%
+35.6%$16.17B$2.79B30.918,000
DCI
Donaldson
3.9469 of 5 stars
$83.73
+0.1%
$100.20
+19.7%
+24.1%$9.69B$3.69B26.1715,000
DOV
Dover
3.7586 of 5 stars
$210.10
+0.1%
$237.36
+13.0%
+20.4%$28.27B$8.09B26.2024,000
GGG
Graco
4.8535 of 5 stars
$75.69
+0.1%
$94.25
+24.5%
-11.7%$12.55B$2.24B24.654,400

Related Companies and Tools


This page (NASDAQ:LECO) was last updated on 6/3/2026 by MarketBeat.com Staff.
From Our Partners