NASDAQ$LECO
Lincoln Electric Holdings Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Lincoln Electric reported record Q4 2022 results driven by organic sales growth and strategic acquisitions.
Lincoln Electric reported a strong fourth quarter and full year 2022, with net sales increasing by 10% to a record $930.9 million. The company's EPS increased by 50% to a record $1.87, and adjusted EPS increased by 21% to a record $1.94. The company is focused on achieving its Higher Standard 2025 Strategy targets through growth initiatives, operational excellence programs, and continued investment in its people.
- Net sales increased 10% to a record $930.9 million, driven by a 14% increase in organic sales.
- Operating income margin was 15.2%, with an adjusted operating income margin of 15.8%.
- EPS increased 50% to a record $1.87, and adjusted EPS increased 21% to a record $1.94.
- The company completed the acquisition of Fori Automation, LLC on December 1, 2022.
Headline financials
Revenue & EPS history
Lincoln Electric · Revenue · Quarterly
$931M
Revenue by segment
Lincoln Electric · $931M total across 3 segments · Q4 2022
- Americas Welding$574M+19.4%61.6%
- International Welding$243M-1.0%26.1%
- Harris Products Group$114M-3.6%12.3%
Forward guidance
The company expects organic sales growth and the Fori acquisition will continue to generate superior value for its stakeholders.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
+0.2%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+0.8%
Avg return
30 days after
50%
34 / 68 earnings
Positive
+12.5%
Q3 2012
Best reaction
-10.3%
Q2 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.1% | +3.6% | +0.4% | |
| Q4 2025 | +1.9% | -1.1% | -11.0% | |
| Q3 2025 | +0.8% | -4.0% | +2.1% | |
| Q1 2025 | -4.2% | -0.7% | +5.2% | |
| Q4 2024 | +10.2% | +11.8% | -1.8% | |
| Q3 2024 | +2.3% | +3.3% | +10.8% | |
| Q2 2024 | -6.0% | -9.8% | -8.4% | |
| Q1 2024 | -3.2% | -7.6% | -14.8% | |
| Q4 2023 | +7.9% | +6.7% | +7.3% | |
| Q3 2023 | +3.8% | +4.8% | +16.5% | |
| Q2 2023 | -2.4% | -1.9% | -8.6% | |
| Q1 2023 | +7.5% | +9.1% | +11.3% | |
| Q4 2022 | -6.9% | -5.9% | -7.1% | |
| Q3 2022 | +1.8% | +3.3% | +7.7% | |
| Q2 2022 | +5.8% | +3.8% | +5.4% | |
| Q1 2022 | +5.0% | +5.3% | +5.9% | |
| Q4 2021 | -3.2% | -2.1% | -3.5% | |
| Q3 2021 | -1.1% | +0.1% | -2.6% | |
| Q2 2021 | -0.4% | +1.6% | +0.7% | |
| Q1 2021 | +2.7% | +0.9% | +1.7% | |
| Q4 2020 | +0.2% | -1.8% | +6.2% | |
| Q3 2020 | -2.6% | -0.9% | +11.2% | |
| Q2 2020 | -1.2% | -1.2% | +6.3% | |
| Q1 2020 | +6.5% | +1.1% | +13.0% | |
| Q4 2019 | -2.2% | -3.6% | -19.6% | |
| Q3 2019 | -5.0% | -0.3% | -2.2% | |
| Q2 2019 | +5.5% | +2.0% | -2.7% | |
| Q1 2019 | -4.6% | -4.4% | -13.4% | |
| Q4 2018 | -2.0% | -1.9% | -6.4% | |
| Q3 2018 | -1.2% | +2.3% | +5.3% | |
| Q2 2018 | -1.6% | +0.0% | +0.7% | |
| Q1 2018 | -7.6% | -9.1% | -3.6% | |
| Q4 2017 | +4.9% | +2.4% | +4.7% | |
| Q3 2017 | -8.2% | -7.8% | -11.2% | |
| Q2 2017 | -7.4% | -7.2% | -8.7% | |
| Q1 2017 | +4.8% | +5.4% | +4.9% | |
| Q4 2016 | +2.4% | +2.1% | +4.9% | |
| Q3 2016 | +3.2% | +4.3% | +19.6% | |
| Q2 2016 | +1.9% | +0.8% | +4.2% | |
| Q1 2016 | +3.0% | — | — | |
| Q4 2015 | -5.7% | — | — | |
| Q3 2015 | +2.5% | — | — | |
| Q2 2015 | +2.6% | — | — | |
| Q1 2015 | +1.8% | — | — | |
| Q4 2014 | -2.9% | — | — | |
| Q3 2014 | +3.5% | — | — | |
| Q2 2014 | +4.9% | — | — | |
| Q1 2014 | -4.4% | — | — | |
| Q4 2013 | +3.8% | — | — | |
| Q3 2013 | +5.2% | — | — | |
| Q2 2013 | -3.5% | — | — | |
| Q1 2013 | +1.8% | — | — | |
| Q4 2012 | +1.9% | — | — | |
| Q3 2012 | +12.5% | — | — | |
| Q2 2012 | -10.3% | — | — | |
| Q1 2012 | +1.8% | — | — | |
| Q4 2011 | +0.1% | — | — | |
| Q3 2011 | -3.3% | — | — | |
| Q2 2011 | -1.8% | — | — | |
| Q1 2011 | -2.1% | — | — | |
| Q1 2010 | -2.1% | — | — | |
| Q4 2008 | -0.4% | — | — | |
| Q4 2010 | -0.4% | — | — | |
| Q3 2009 | +0.3% | — | — | |
| Q3 2010 | +0.3% | — | — | |
| Q2 2010 | -1.1% | — | — | |
| Q2 2009 | -1.1% | — | — | |
| Q4 2009 | -1.1% | — | — |
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