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Lincoln Electric (LECO) Competitors

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$266.63 +1.37 (+0.52%)
As of 10:01 AM Eastern
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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?

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

Lincoln Electric presently has a consensus price target of $296.00, suggesting a potential upside of 11.59%. Nordson has a consensus price target of $311.50, suggesting a potential upside of 11.68%. Given Nordson's stronger consensus rating and higher probable upside, analysts clearly believe Nordson 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
Nordson
0 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.50

Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.2%. Nordson pays an annual dividend of $3.28 per share and has a dividend yield of 1.2%. Lincoln Electric pays out 32.6% of its earnings in the form of a dividend. Nordson pays out 35.4% 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 increased its dividend for 30 consecutive years and Nordson has increased its dividend for 62 consecutive years. Lincoln Electric is clearly the better dividend stock, given its higher yield and lower payout ratio.

79.6% of Lincoln Electric shares are held by institutional investors. Comparatively, 72.1% of Nordson shares are held by institutional investors. 1.7% of Lincoln Electric shares are held by insiders. Comparatively, 0.8% of Nordson shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

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
Lincoln Electric$4.23B3.43$520.53M$9.6927.37
Nordson$2.79B5.57$484.47M$9.2630.12

Lincoln Electric has a beta of 1.24, indicating that its stock price is 24% more volatile than the broader market. Comparatively, Nordson has a beta of 0.99, indicating that its stock price is 1% less volatile than the broader market.

In the previous week, Lincoln Electric had 1 more articles in the media than Nordson. MarketBeat recorded 6 mentions for Lincoln Electric and 5 mentions for Nordson. Nordson's average media sentiment score of 1.29 beat Lincoln Electric's score of 0.95 indicating that Nordson is being referred to more favorably in the news media.

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

Nordson has a net margin of 18.39% 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
Lincoln Electric12.38% 39.33% 14.93%
Nordson 18.39%19.73%9.97%

Summary

Lincoln Electric beats Nordson on 11 of the 18 factors compared between the two stocks.

How does Lincoln Electric compare to Donaldson?

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

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
Donaldson10.09% 29.85% 14.88%
Lincoln Electric 12.38%39.33%14.93%

Donaldson has a beta of 0.99, meaning that its stock price is 1% less volatile than the broader market. Comparatively, Lincoln Electric has a beta of 1.24, meaning that its stock price is 24% more volatile than the broader market.

Lincoln Electric has higher revenue and earnings than Donaldson. Donaldson 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
Donaldson$3.75B2.59$367M$3.2026.25
Lincoln Electric$4.23B3.43$520.53M$9.6927.37

Donaldson currently has a consensus price target of $100.20, suggesting a potential upside of 19.28%. Lincoln Electric has a consensus price target of $296.00, suggesting a potential upside of 11.59%. Given Donaldson's stronger consensus rating and higher possible upside, equities research analysts clearly believe Donaldson is more favorable than Lincoln Electric.

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

82.8% of Donaldson shares are owned by institutional investors. Comparatively, 79.6% of Lincoln Electric shares are owned by institutional investors. 2.2% of Donaldson shares are owned by company insiders. Comparatively, 1.7% of Lincoln Electric shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Lincoln Electric had 3 more articles in the media than Donaldson. MarketBeat recorded 6 mentions for Lincoln Electric and 3 mentions for Donaldson. Lincoln Electric's average media sentiment score of 0.95 beat Donaldson's score of 0.56 indicating that Lincoln Electric is being referred to more favorably in the news media.

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

Donaldson pays an annual dividend of $1.20 per share and has a dividend yield of 1.4%. Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.2%. Donaldson pays out 37.5% 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. Donaldson has raised its dividend for 38 consecutive years and Lincoln Electric has raised its dividend for 30 consecutive years. Donaldson is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Lincoln Electric beats Donaldson on 13 of the 19 factors compared between the two stocks.

How does Lincoln Electric compare to Dover?

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

Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.2%. Dover pays an annual dividend of $2.08 per share and has a dividend yield of 1.0%. Lincoln Electric pays out 32.6% of its earnings in the form of a dividend. Dover pays out 25.9% 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 Dover has increased its dividend for 70 consecutive years.

Lincoln Electric presently has a consensus price target of $296.00, suggesting a potential upside of 11.59%. Dover has a consensus price target of $237.36, suggesting a potential upside of 10.59%. Given Lincoln Electric's higher probable upside, analysts plainly believe Lincoln Electric is more favorable than Dover.

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
Dover
0 Sell rating(s)
6 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.60

Lincoln Electric has a beta of 1.24, indicating that its share price is 24% more volatile than the broader market. Comparatively, Dover has a beta of 1.21, indicating that its share price is 21% more volatile than the broader market.

In the previous week, Dover had 11 more articles in the media than Lincoln Electric. MarketBeat recorded 17 mentions for Dover and 6 mentions for Lincoln Electric. Lincoln Electric's average media sentiment score of 0.95 beat Dover's score of 0.52 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
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Dover
3 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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
Lincoln Electric12.38% 39.33% 14.93%
Dover 13.30%18.01%10.10%

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

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
Lincoln Electric$4.23B3.43$520.53M$9.6927.37
Dover$8.09B3.57$1.09B$8.0226.76

Summary

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

How does Lincoln Electric compare to Graco?

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

Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.2%. Graco pays an annual dividend of $1.18 per share and has a dividend yield of 1.5%. Lincoln Electric pays out 32.6% of its earnings in the form of a dividend. Graco pays out 38.4% 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 increased its dividend for 30 consecutive years and Graco has increased its dividend for 29 consecutive years.

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
Lincoln Electric12.38% 39.33% 14.93%
Graco 22.96%18.66%15.22%

Graco has lower revenue, but higher earnings 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
Lincoln Electric$4.23B3.43$520.53M$9.6927.37
Graco$2.24B5.68$521.84M$3.0724.95

79.6% of Lincoln Electric shares are owned by institutional investors. Comparatively, 93.9% of Graco shares are owned by institutional investors. 1.7% of Lincoln Electric shares are owned by insiders. Comparatively, 2.2% of Graco shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Lincoln Electric has a beta of 1.24, indicating that its share price is 24% more volatile than the broader market. Comparatively, Graco has a beta of 0.96, indicating that its share price is 4% less volatile than the broader market.

Lincoln Electric presently has a consensus price target of $296.00, suggesting a potential upside of 11.59%. Graco has a consensus price target of $94.25, suggesting a potential upside of 23.04%. Given Graco's stronger consensus rating and higher possible upside, analysts clearly believe Graco 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
Graco
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43

In the previous week, Lincoln Electric had 1 more articles in the media than Graco. MarketBeat recorded 6 mentions for Lincoln Electric and 5 mentions for Graco. Lincoln Electric's average media sentiment score of 0.95 beat Graco's score of 0.73 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
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Graco
3 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Summary

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

How does Lincoln Electric compare to Ingersoll Rand?

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

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
Ingersoll Rand7.54% 12.79% 7.16%
Lincoln Electric 12.38%39.33%14.93%

Ingersoll Rand pays an annual dividend of $0.08 per share and has a dividend yield of 0.1%. Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.2%. Ingersoll Rand pays out 5.4% 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. Lincoln Electric has increased 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.

Ingersoll Rand has a beta of 1.25, suggesting that its stock price is 25% more volatile than the broader market. Comparatively, Lincoln Electric has a beta of 1.24, suggesting that its stock price is 24% more volatile than the broader market.

In the previous week, Ingersoll Rand had 3 more articles in the media than Lincoln Electric. MarketBeat recorded 9 mentions for Ingersoll Rand and 6 mentions for Lincoln Electric. Lincoln Electric's average media sentiment score of 0.95 beat Ingersoll Rand's score of 0.43 indicating that Lincoln Electric is being referred to more favorably in the news media.

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

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
Ingersoll Rand$7.65B3.65$581.40M$1.4848.19
Lincoln Electric$4.23B3.43$520.53M$9.6927.37

Ingersoll Rand currently has a consensus target price of $93.38, suggesting a potential upside of 30.93%. Lincoln Electric has a consensus target price of $296.00, suggesting a potential upside of 11.59%. Given Ingersoll Rand's stronger consensus rating and higher possible upside, analysts clearly believe Ingersoll Rand is more favorable than Lincoln Electric.

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

95.3% of Ingersoll Rand shares are owned by institutional investors. Comparatively, 79.6% of Lincoln Electric shares are owned by institutional investors. 0.5% of Ingersoll Rand shares are owned by company insiders. Comparatively, 1.7% of Lincoln Electric shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Ingersoll Rand beats Lincoln Electric on 10 of the 18 factors compared between the two stocks.

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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.
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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.
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LECO vs. The Competition

MetricLincoln ElectricMACH TLS&RL PRD IndustryIndustrials SectorNASDAQ Exchange
Market Cap$14.58B$12.46B$9.32B$12.29B
Dividend Yield1.19%1.74%3.57%5.30%
P/E Ratio27.3720.1724.8625.62
Price / Sales3.432.045,339.0975.98
Price / Cash22.5315.6927.9255.34
Price / Book9.623.334.786.66
Net Income$520.53M$443.35M$792.39M$333.63M
7 Day Performance-2.16%1.11%0.25%-0.12%
1 Month Performance1.13%4.41%3.62%3.93%
1 Year Performance35.50%22.08%38.20%36.07%

Lincoln Electric Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LECO
Lincoln Electric
4.3232 of 5 stars
$266.63
+0.5%
$296.00
+11.0%
+35.6%$14.62B$4.23B27.5312,000
NDSN
Nordson
4.1864 of 5 stars
$280.42
-1.0%
$311.50
+11.1%
+37.7%$15.80B$2.79B30.288,000
DCI
Donaldson
4.1099 of 5 stars
$85.13
-1.3%
$100.20
+17.7%
+19.4%$9.99B$3.69B26.6015,000
DOV
Dover
4.4046 of 5 stars
$220.85
-2.2%
$237.36
+7.5%
+15.6%$30.41B$8.09B27.5424,000
GGG
Graco
4.7529 of 5 stars
$77.87
-1.7%
$94.25
+21.0%
-10.7%$13.14B$2.24B25.364,400

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This page (NASDAQ:LECO) was last updated on 5/14/2026 by MarketBeat.com Staff.
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