Lincoln Electric Holdings Cost of Goods Sold 2010-2024 | LECO
Lincoln Electric Holdings annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- Lincoln Electric Holdings cost of goods sold for the quarter ending September 30, 2024 was $0.632B, a 5.38% decline year-over-year.
- Lincoln Electric Holdings cost of goods sold for the twelve months ending September 30, 2024 was $2.570B, a 3.45% decline year-over-year.
- Lincoln Electric Holdings annual cost of goods sold for 2023 was $2.726B, a 9.91% increase from 2022.
- Lincoln Electric Holdings annual cost of goods sold for 2022 was $2.48B, a 14.54% increase from 2021.
- Lincoln Electric Holdings annual cost of goods sold for 2021 was $2.166B, a 21.38% increase from 2020.
Lincoln Electric Holdings Annual Cost of Goods Sold
(Millions of US $) |
| 2023 |
$2,726 |
| 2022 |
$2,480 |
| 2021 |
$2,166 |
| 2020 |
$1,784 |
| 2019 |
$1,996 |
| 2018 |
$2,000 |
| 2017 |
$1,749 |
| 2016 |
$1,488 |
| 2015 |
$1,695 |
| 2014 |
$1,864 |
| 2013 |
$1,910 |
| 2012 |
$1,987 |
| 2011 |
$1,958 |
| 2010 |
$1,506 |
| 2009 |
$1,273 |
Lincoln Electric Holdings Quarterly Cost of Goods Sold
(Millions of US $) |
| 2024-09-30 |
$632 |
| 2024-06-30 |
$638 |
| 2024-03-31 |
$613 |
| 2023-12-31 |
$687 |
| 2023-09-30 |
$668 |
| 2023-06-30 |
$687 |
| 2023-03-31 |
$684 |
| 2022-12-31 |
$623 |
| 2022-09-30 |
$626 |
| 2022-06-30 |
$636 |
| 2022-03-31 |
$596 |
| 2021-12-31 |
$572 |
| 2021-09-30 |
$538 |
| 2021-06-30 |
$552 |
| 2021-03-31 |
$503 |
| 2020-12-31 |
$465 |
| 2020-09-30 |
$454 |
| 2020-06-30 |
$401 |
| 2020-03-31 |
$465 |
| 2019-12-31 |
$495 |
| 2019-09-30 |
$492 |
| 2019-06-30 |
$507 |
| 2019-03-31 |
$501 |
| 2018-12-31 |
$494 |
| 2018-09-30 |
$486 |
| 2018-06-30 |
$520 |
| 2018-03-31 |
$501 |
| 2017-12-31 |
$509 |
| 2017-09-30 |
$452 |
| 2017-06-30 |
$411 |
| 2017-03-31 |
$378 |
| 2016-12-31 |
$369 |
| 2016-09-30 |
$368 |
| 2016-06-30 |
$389 |
| 2016-03-31 |
$362 |
| 2015-12-31 |
$372 |
| 2015-09-30 |
$446 |
| 2015-06-30 |
$439 |
| 2015-03-31 |
$438 |
| 2014-12-31 |
$453 |
| 2014-09-30 |
$474 |
| 2014-06-30 |
$478 |
| 2014-03-31 |
$459 |
| 2013-12-31 |
$472 |
| 2013-09-30 |
$459 |
| 2013-06-30 |
$487 |
| 2013-03-31 |
$492 |
| 2012-12-31 |
$472 |
| 2012-09-30 |
$484 |
| 2012-06-30 |
$519 |
| 2012-03-31 |
$512 |
| 2011-12-31 |
$500 |
| 2011-09-30 |
$516 |
| 2011-06-30 |
$504 |
| 2011-03-31 |
$438 |
| 2010-12-31 |
$416 |
| 2010-09-30 |
$375 |
| 2010-06-30 |
$367 |
| 2010-03-31 |
$348 |
| 2009-12-31 |
$328 |
| 2009-09-30 |
$317 |
| 2009-06-30 |
$307 |
| 2009-03-31 |
$322 |
| Sector |
Industry |
Market Cap |
Revenue |
| Industrial Products |
Machine Tools & Related Products |
$11.765B |
$4.192B |
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Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc welding systems, plasma and oxy-fuel cutting equipment and has a leading global position in the brazing and soldering alloys market. It operates through three segments: Americas Welding, International Welding, and The Harris Products Group. The company's welding products include arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products. It also provides computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, the company is involved in the retail business in the United States.
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