Lincoln Electric Holdings Inc (LECO) — Tangible Net Worth Ratio
Lincoln Electric Holdings Inc (LECO) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($1.51 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Lincoln Electric Holdings Inc net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Lincoln Electric Holdings Inc Tangible Net Worth Ratio (1994–2025)
This chart shows how Lincoln Electric Holdings Inc's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of $1.51 Billion with intangible assets of $0.00 USD. For live market cap and overall valuation, see LECO stock market capitalisation.
Annual Tangible Net Worth Ratio for Lincoln Electric Holdings Inc (1994–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Lincoln Electric Holdings Inc from 1994 to 2025, covering 32 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore how much does Lincoln Electric Holdings Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 83.0% | $1.47 Billion | $250.42 Million | $3.78 Billion | ▼ -0.4 pp |
| 2024 | 83.4% | $1.33 Billion | $221.00 Million | $3.52 Billion | ▼ -2.4 pp |
| 2023 | 85.7% | $1.31 Billion | $186.67 Million | $3.38 Billion | ▲ +5.3 pp |
| 2022 | 80.4% | $1.03 Billion | $202.71 Million | $3.18 Billion | ▼ -2.3 pp |
| 2021 | 82.7% | $863.91 Million | $149.39 Million | $2.59 Billion | ▼ -0.3 pp |
| 2020 | 83.0% | $790.25 Million | $134.45 Million | $2.31 Billion | ▲ +4.7 pp |
| 2019 | 78.3% | $819.08 Million | $177.80 Million | $2.37 Billion | ▼ -5.0 pp |
| 2018 | 83.3% | $887.59 Million | $147.95 Million | $2.35 Billion | ▼ -3.0 pp |
| 2017 | 86.3% | $932.45 Million | $127.45 Million | $2.41 Billion | ▲ +4.6 pp |
| 2016 | 81.7% | $712.21 Million | $130.09 Million | $1.94 Billion | ▼ -5.3 pp |
| 2015 | 87.1% | $932.45 Million | $120.72 Million | $1.78 Billion | ▼ -2.7 pp |
| 2014 | 89.7% | $1.29 Billion | $132.36 Million | $1.94 Billion | ▼ -0.7 pp |
| 2013 | 90.4% | $1.53 Billion | $147.01 Million | $2.15 Billion | ▲ +0.2 pp |
| 2012 | 90.2% | $1.36 Billion | $132.90 Million | $2.09 Billion | ▼ -1.9 pp |
| 2011 | 92.1% | $1.19 Billion | $94.47 Million | $1.98 Billion | ▼ -0.8 pp |
| 2010 | 92.9% | $1.15 Billion | $81.26 Million | $1.78 Billion | ▲ +0.5 pp |
| 2009 | 92.5% | $1.09 Billion | $81.77 Million | $1.71 Billion | ▼ -1.0 pp |
| 2008 | 93.4% | $995.31 Million | $65.26 Million | $1.72 Billion | ▼ -1.8 pp |
| 2007 | 95.3% | $1.09 Billion | $51.19 Million | $1.65 Billion | ▲ +0.2 pp |
| 2006 | 95.1% | $852.98 Million | $41.50 Million | $1.39 Billion | ▲ +5.1 pp |
| 2005 | 90.1% | $652.29 Million | $64.83 Million | $1.16 Billion | ▼ -5.0 pp |
| 2004 | 95.1% | $577.28 Million | $28.47 Million | $1.06 Billion | ▼ -1.4 pp |
| 2003 | 96.5% | $478.51 Million | $16.94 Million | $928.87 Million | ▲ +0.4 pp |
| 2002 | 96.1% | $429.15 Million | $16.85 Million | $901.27 Million | ▲ +4.2 pp |
| 2001 | 91.9% | $498.70 Million | $40.42 Million | $781.31 Million | ▲ +1.1 pp |
| 2000 | 90.8% | $447.30 Million | $41.17 Million | $790.28 Million | ▼ -1.8 pp |
| 1999 | 92.6% | $451.50 Million | $33.30 Million | $775.40 Million | ▼ -0.1 pp |
| 1998 | 92.7% | $490.90 Million | $35.70 Million | $782.90 Million | ▲ +0.7 pp |
| 1997 | 92.0% | $437.20 Million | $34.80 Million | $712.20 Million | ▲ +1.6 pp |
| 1996 | 90.5% | $391.80 Million | $37.40 Million | $647.20 Million | ▲ +2.1 pp |
| 1995 | 88.3% | $335.40 Million | $39.20 Million | $617.80 Million | ▲ +7.8 pp |
| 1994 | 80.5% | $200.90 Million | $39.20 Million | $556.90 Million | — |