Lincoln Electric Holdings Inc (LECO) — Capital Reinvestment Ratio
Latest as of March 2026:
0.38x
Lincoln Electric Holdings Inc (LECO) has a Capital Reinvestment Ratio of 0.38x as of March 2026, meaning it reinvests 0% of its operating cash flow ($102.17 Million) in capital expenditures ($39.16 Million). See Lincoln Electric Holdings Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.38x
Capex / Operating Cash Flow
Operating Cash Flow
$102.17 Million
USD
Capital Expenditures
$39.16 Million
USD
Data as of
Mar 2026
Most recent filing
Lincoln Electric Holdings Inc Capital Reinvestment Ratio (1994–2025)
This chart tracks Lincoln Electric Holdings Inc's Capital Reinvestment Ratio across 32 annual periods.
Annual Capital Reinvestment Ratio for Lincoln Electric Holdings Inc (1994–2025)
Year-by-year Capital Reinvestment Ratio for Lincoln Electric Holdings Inc from 1994 to 2025. For live market cap and broader valuation context, see LECO market cap.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | $661.17 Million | $126.97 Million | ▼ -1.3% |
| 2024 | 0.19x | $598.98 Million | $116.60 Million | ▲ +42.8% |
| 2023 | 0.14x | $667.54 Million | $90.99 Million | ▼ -27.3% |
| 2022 | 0.19x | $383.39 Million | $71.88 Million | ▲ +9.5% |
| 2021 | 0.17x | $365.06 Million | $62.53 Million | ▲ +1.7% |
| 2020 | 0.17x | $351.36 Million | $59.20 Million | ▼ -2.4% |
| 2019 | 0.17x | $403.19 Million | $69.61 Million | ▼ -20.2% |
| 2018 | 0.22x | $329.15 Million | $71.25 Million | ▲ +17.6% |
| 2017 | 0.18x | $334.85 Million | $61.66 Million | ▲ +12.0% |
| 2016 | 0.16x | $303.40 Million | $49.88 Million | ▲ +1.2% |
| 2015 | 0.16x | $310.86 Million | $50.51 Million | ▼ -10.6% |
| 2014 | 0.18x | $401.70 Million | $72.99 Million | ▼ -19.0% |
| 2013 | 0.22x | $338.89 Million | $76.02 Million | ▲ +39.3% |
| 2012 | 0.16x | $327.48 Million | $52.72 Million | ▼ -52.7% |
| 2011 | 0.34x | $193.52 Million | $65.81 Million | ▼ -11.9% |
| 2010 | 0.39x | $156.98 Million | $60.56 Million | ▲ +152.8% |
| 2009 | 0.15x | $250.35 Million | $38.20 Million | ▼ -45.8% |
| 2008 | 0.28x | $257.45 Million | $72.43 Million | ▲ +14.0% |
| 2007 | 0.25x | $249.83 Million | $61.63 Million | ▼ -61.5% |
| 2006 | 0.64x | $118.68 Million | $76.00 Million | ▲ +48.6% |
| 2005 | 0.43x | $117.02 Million | $50.41 Million | ▼ -60.9% |
| 2004 | 1.10x | $51.26 Million | $56.44 Million | ▲ +202.4% |
| 2003 | 0.36x | $95.69 Million | $34.84 Million | ▲ +35.2% |
| 2002 | 0.27x | $103.60 Million | $27.91 Million | ▼ -11.8% |
| 2001 | 0.31x | $120.23 Million | $36.72 Million | ▲ +6.1% |
| 2000 | 0.29x | $120.83 Million | $34.80 Million | ▼ -63.1% |
| 1999 | 0.78x | $81.10 Million | $63.30 Million | ▲ +3.4% |
| 1998 | 0.76x | $122.10 Million | $92.20 Million | ▲ +80.0% |
| 1997 | 0.42x | $88.90 Million | $37.30 Million | ▲ +13.6% |
| 1996 | 0.37x | $107.80 Million | $39.80 Million | ▼ -50.0% |
| 1995 | 0.74x | $65.50 Million | $48.40 Million | ▲ +35.7% |
| 1994 | 0.54x | $68.70 Million | $37.40 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow