Go Pro

Lincoln Electric (LECO) Competitors

Lincoln Electric logo
$251.20 +0.23 (+0.09%)
Closing price 04:00 PM Eastern
Extended Trading
$250.89 -0.31 (-0.12%)
As of 05:57 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

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

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), ESAB (ESAB), and Graco (GGG). These companies are all part of the "industrials" sector.

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 business? We will compare the two companies based on the strength of their institutional ownership, profitability, analyst recommendations, media sentiment, valuation, earnings, risk and dividends.

Lincoln Electric has a beta of 1.2, meaning that its stock price is 20% more volatile than the broader market. Comparatively, Nordson has a beta of 0.96, meaning that its stock price is 4% less volatile than the broader market.

Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.3%. Nordson pays an annual dividend of $3.28 per share and has a dividend yield of 1.1%. Lincoln Electric pays out 32.6% of its earnings in the form of a dividend. Nordson pays out 35.0% 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.

In the previous week, Lincoln Electric had 4 more articles in the media than Nordson. MarketBeat recorded 7 mentions for Lincoln Electric and 3 mentions for Nordson. Nordson's average media sentiment score of 1.58 beat Lincoln Electric's score of 1.04 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
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Nordson
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

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
Lincoln Electric12.38% 39.33% 14.93%
Nordson 18.19%20.08%10.39%

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$4.23B3.25$520.53M$9.6925.92
Nordson$2.79B5.72$484.47M$9.3830.55

Lincoln Electric currently has a consensus price target of $299.00, indicating a potential upside of 19.03%. Nordson has a consensus price target of $311.29, indicating a potential upside of 8.62%. Given Lincoln Electric's higher possible upside, equities research analysts plainly believe Lincoln Electric is more favorable than Nordson.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lincoln Electric
1 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.44
Nordson
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.63

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 endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Lincoln Electric beats Nordson on 12 of the 18 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 stock? We will contrast the two businesses based on the strength of their institutional ownership, risk, valuation, dividends, analyst recommendations, profitability, media sentiment and earnings.

In the previous week, Lincoln Electric had 5 more articles in the media than Donaldson. MarketBeat recorded 7 mentions for Lincoln Electric and 2 mentions for Donaldson. Donaldson's average media sentiment score of 1.07 beat Lincoln Electric's score of 1.04 indicating that Donaldson is being referred to more favorably in the news media.

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

Lincoln Electric presently has a consensus target price of $299.00, indicating a potential upside of 19.03%. Donaldson has a consensus target price of $97.83, indicating a potential upside of 9.56%. Given Lincoln Electric's higher probable upside, analysts clearly believe Lincoln Electric is more favorable than Donaldson.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lincoln Electric
1 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.44
Donaldson
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

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
Lincoln Electric$4.23B3.25$520.53M$9.6925.92
Donaldson$3.69B2.80$367M$3.7224.00

Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.3%. Donaldson pays an annual dividend of $1.28 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 34.4% 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 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.

79.6% of Lincoln Electric shares are owned by institutional investors. Comparatively, 82.8% of Donaldson shares are owned by institutional investors. 1.7% of Lincoln Electric shares are owned by company insiders. Comparatively, 2.2% of Donaldson 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.

Lincoln Electric has a net margin of 12.38% compared to Donaldson's net margin of 11.52%. 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 11.52%29.17%14.98%

Lincoln Electric has a beta of 1.2, meaning that its share price is 20% more volatile than the broader market. Comparatively, Donaldson has a beta of 0.93, meaning that its share price is 7% less volatile than the broader market.

Summary

Lincoln Electric beats Donaldson on 12 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 superior business? We will compare the two businesses based on the strength of their risk, valuation, profitability, media sentiment, analyst recommendations, earnings, institutional ownership and dividends.

In the previous week, Lincoln Electric had 1 more articles in the media than Dover. MarketBeat recorded 7 mentions for Lincoln Electric and 6 mentions for Dover. Dover's average media sentiment score of 1.17 beat Lincoln Electric's score of 1.04 indicating that Dover is being referred to more favorably in the news media.

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

Lincoln Electric currently has a consensus target price of $299.00, suggesting a potential upside of 19.03%. Dover has a consensus target price of $241.43, suggesting a potential upside of 12.59%. Given Lincoln Electric's higher possible upside, equities research analysts clearly 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)
5 Buy rating(s)
0 Strong Buy rating(s)
2.44
Dover
0 Sell rating(s)
7 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.53

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lincoln Electric$4.23B3.25$520.53M$9.6925.92
Dover$8.09B3.57$1.09B$8.0226.74

Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.3%. 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 has a beta of 1.2, suggesting that its share price is 20% more volatile than the broader market. Comparatively, Dover has a beta of 1.16, suggesting that its share price is 16% more volatile than the broader market.

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 company insiders. Comparatively, 1.1% of Dover shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

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

How does Lincoln Electric compare to ESAB?

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

Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.3%. ESAB pays an annual dividend of $0.48 per share and has a dividend yield of 0.6%. Lincoln Electric pays out 32.6% of its earnings in the form of a dividend. ESAB pays out 14.2% 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 and ESAB has raised its dividend for 3 consecutive years. Lincoln Electric is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

79.6% of Lincoln Electric shares are owned by institutional investors. Comparatively, 91.1% of ESAB shares are owned by institutional investors. 1.7% of Lincoln Electric shares are owned by company insiders. Comparatively, 7.2% of ESAB shares are owned 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.

Lincoln Electric has a net margin of 12.38% compared to ESAB's net margin of 7.11%. Lincoln Electric's return on equity of 39.33% beat ESAB's return on equity.

Company Net Margins Return on Equity Return on Assets
Lincoln Electric12.38% 39.33% 14.93%
ESAB 7.11%15.04%6.66%

Lincoln Electric has a beta of 1.2, indicating that its share price is 20% more volatile than the broader market. Comparatively, ESAB has a beta of 1.17, indicating that its share price is 17% more volatile than the broader market.

In the previous week, Lincoln Electric had 4 more articles in the media than ESAB. MarketBeat recorded 7 mentions for Lincoln Electric and 3 mentions for ESAB. Lincoln Electric's average media sentiment score of 1.04 beat ESAB's score of 1.03 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)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
ESAB
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Lincoln Electric currently has a consensus price target of $299.00, indicating a potential upside of 19.03%. ESAB has a consensus price target of $139.50, indicating a potential upside of 60.88%. Given ESAB's stronger consensus rating and higher probable upside, analysts plainly believe ESAB 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)
5 Buy rating(s)
0 Strong Buy rating(s)
2.44
ESAB
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.80

Lincoln Electric has higher revenue and earnings than ESAB. ESAB 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$4.23B3.25$520.53M$9.6925.92
ESAB$2.84B1.86$226.77M$3.3825.65

Summary

Lincoln Electric beats ESAB on 13 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, analyst recommendations, institutional ownership, earnings, media sentiment, risk, dividends and valuation.

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$4.23B3.25$520.53M$9.6925.92
Graco$2.24B5.48$521.84M$3.0724.06

Lincoln Electric has a beta of 1.2, meaning that its stock price is 20% more volatile than the broader market. Comparatively, Graco has a beta of 0.93, meaning that its stock price is 7% less volatile than the broader market.

Lincoln Electric presently has a consensus price target of $299.00, suggesting a potential upside of 19.03%. Graco has a consensus price target of $94.25, suggesting a potential upside of 27.63%. Given Graco's higher possible upside, analysts plainly 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)
5 Buy rating(s)
0 Strong Buy rating(s)
2.44
Graco
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29

In the previous week, Lincoln Electric had 4 more articles in the media than Graco. MarketBeat recorded 7 mentions for Lincoln Electric and 3 mentions for Graco. Graco's average media sentiment score of 1.70 beat Lincoln Electric's score of 1.04 indicating that Graco is being referred to more favorably in the news media.

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

Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.3%. Graco pays an annual dividend of $1.18 per share and has a dividend yield of 1.6%. 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 raised its dividend for 30 consecutive years and Graco has raised its dividend for 29 consecutive years.

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

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%

Summary

Graco beats Lincoln Electric on 10 of the 19 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$13.75B$12.53B$9.42B$12.42B
Dividend Yield1.26%1.73%3.54%8.01%
P/E Ratio24.5619.9926.7224.29
Price / Sales3.252.022,079.4295.49
Price / Cash21.2515.5527.2849.39
Price / Book9.403.324.466.29
Net Income$520.53M$442.14M$791.21M$330.86M
7 Day Performance-4.46%-2.51%-1.57%-2.41%
1 Month Performance-2.73%0.19%0.16%-0.64%
1 Year Performance12.76%17.03%15.26%20.09%

Lincoln Electric Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LECO
Lincoln Electric
4.8165 of 5 stars
$251.20
+0.1%
$299.00
+19.0%
+12.7%$13.75B$4.23B24.5612,000
NDSN
Nordson
4.0512 of 5 stars
$293.66
+1.1%
$311.29
+6.0%
+29.8%$16.18B$2.79B31.318,000
DCI
Donaldson
4.6035 of 5 stars
$91.37
+2.6%
$97.83
+7.1%
+26.3%$10.33B$3.69B24.5615,000
DOV
Dover
4.5605 of 5 stars
$214.77
+0.5%
$239.85
+11.7%
+14.1%$28.78B$8.09B26.7824,000
ESAB
ESAB
4.3483 of 5 stars
$97.07
+4.6%
$138.38
+42.6%
-30.0%$5.65B$2.84B17.3810,300

Related Companies and Tools


This page (NASDAQ:LECO) was last updated on 7/13/2026 by MarketBeat.com Staff.
From Our Partners