LINCOLN ELECTRIC HOLDINGS INC
For the period ended Sep 30, 2025. Filed Oct 30, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 30, 2025
LECO$284.42-0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars in thousands)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · September 30, 2025 · · December 31, 2024 | ||||||
| · · (UNAUDITED) · · (NOTE 1) | ||||||
| ASSETS · · | ||||||
| Current Assets · · | ||||||
| Cash and cash equivalents | | $292,997 | | $377,262 | ||
| Accounts receivable (less allowance for doubtful accounts of $15,089 in 2025; $12,674 in 2024) | | 501,538 | | 481,979 | ||
| Inventories (Note 8) | | 671,515 | | 544,037 | ||
| Other current assets | | 313,922 | | 242,003 | ||
| Total Current Assets | | 1,779,972 | | 1,645,281 | ||
| Property, plant and equipment (less accumulated depreciation of $928,004 in 2025; $865,634 in 2024) | | | 677,257 | | | 619,181 |
| Goodwill | | 887,885 | | 804,927 | ||
| Other assets | | 469,991 | | 450,753 | ||
| TOTAL ASSETS | | $3,815,105 | | $3,520,142 | ||
| LIABILITIES AND EQUITY | | | | |||
| Current Liabilities | | | | |||
| Short-term debt (Note 10) | | $88,203 | | $110,524 | ||
| Trade accounts payable | | 398,721 | | 296,590 | ||
| Accrued employee compensation and benefits | | 212,626 | | 104,374 | ||
| Other current liabilities | | 339,874 | | 367,314 | ||
| Total Current Liabilities | | 1,039,424 | | 878,802 | ||
| Long-term debt, less current portion (Note 10) | | 1,150,315 | | 1,150,551 | ||
| Other liabilities | | 210,733 | | 163,356 | ||
| Total Liabilities | | 2,400,472 | | 2,192,709 | ||
| Shareholders' Equity | | | | |||
| Common shares, without par value - at stated capital amount; authorized 240,000,000 shares; issued 98,581,434 shares in 2025 and 2024; outstanding 55,026,176 shares in 2025 and 56,211,219 in 2024 | | 9,858 | | 9,858 | ||
| Additional paid-in capital | | 595,644 | | 566,740 | ||
| Retained earnings | | 4,247,355 | | 3,993,016 | ||
| Accumulated other comprehensive loss | | (211,910) | | (300,135) | ||
| Treasury shares, at cost - 43,555,258 shares in 2025 and 42,370,215 shares in 2024 | | (3,226,314) | | (2,942,046) | ||
| Total Equity | | 1,414,633 | | 1,327,433 | ||
| TOTAL LIABILITIES AND TOTAL EQUITY | | $3,815,105 | | $3,520,142 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.