Lincoln Electric Holdings Inc
NASDAQ:LECO
Gross Margin
Lincoln Electric Holdings Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Lincoln Electric Holdings Inc
NASDAQ:LECO
|
10.9B USD |
37%
|
|
| JP |
I
|
Ishii Iron Works Co Ltd
TSE:6362
|
304.2T JPY |
28%
|
|
| US |
|
Parker-Hannifin Corp
NYSE:PH
|
81B USD |
36%
|
|
| SE |
|
Atlas Copco AB
STO:ATCO A
|
781.7B SEK |
43%
|
|
| US |
|
Illinois Tool Works Inc
NYSE:ITW
|
74.2B USD |
44%
|
|
| JP |
|
Mitsubishi Heavy Industries Ltd
TSE:7011
|
8.6T JPY |
21%
|
|
| US |
|
Otis Worldwide Corp
NYSE:OTIS
|
41.3B USD |
30%
|
|
| CH |
|
Schindler Holding AG
SIX:SCHP
|
29.7B CHF |
22%
|
|
| US |
|
Ingersoll Rand Inc
NYSE:IR
|
32.9B USD |
44%
|
|
| US |
|
Xylem Inc
NYSE:XYL
|
28.9B USD |
38%
|
|
| FI |
K
|
Kone Oyj
OMXH:KNEBV
|
26.2B EUR |
21%
|
Lincoln Electric Holdings Inc
Glance View
Lincoln Electric Holdings Inc. has carved out a prominent niche in the realm of welding products and related manufacturing solutions. Headquartered in Cleveland, Ohio, this stalwart in the industry traces its roots back to 1895 when John C. Lincoln, whose inventive spirit laid the foundation for a company that would revolutionize the crafting of metal. Over the years, Lincoln Electric has excelled by focusing on creating high-quality welding equipment, consumables, and automation solutions, catering to diverse industries including automotive, aerospace, and construction. It's a company that thrives on innovation and relentless optimization of its manufacturing processes, ensuring that its products consistently meet the demanding needs of clients across the globe. At the heart of Lincoln Electric’s business model is its commitment to operational excellence and a unique compensation system that aligns employee incentives with company performance—a principle inspired by the founders' forward-thinking approach. This distinctive culture, encapsulated in their Employee Incentive Plan and its famous profit-sharing program, plays a crucial role in driving productivity and maintaining a loyal workforce. By investing in research and development, Lincoln Electric stays on the cutting edge, offering technologically advanced solutions that bolster efficiency and precision in welding tasks. The resulting revenue streams from equipment sales, service contracts, and a wide array of consumables feed into a robust financial structure, positioning Lincoln Electric as a leader and innovator in its field.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Lincoln Electric Holdings Inc's most recent financial statements, the company has Gross Margin of 36.9%.
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