Lincoln Electric Holdings Inc (LECO) — Capital Reinvestment Ratio
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). Check LECO tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Lincoln Electric Holdings Inc Capital Reinvestment Ratio (1994–2025)
This chart tracks Lincoln Electric Holdings Inc's Capital Reinvestment Ratio across 32 annual periods. For the full cash flow conversion analysis, see LECO cash flow metrics.
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. See Lincoln Electric Holdings Inc (LECO) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |