Lincoln Electric Q1 2022 Earnings Report
Key Takeaways
Lincoln Electric reported record first quarter sales of $925.4 million, a 22.2% increase over the prior year, driven by strong organic growth and acquisitions. The company achieved record operating income margin and adjusted EPS, demonstrating resilience despite challenging operating conditions.
Net sales increased by 22.2% to a record $925.4 million, with organic sales up by 22.1%.
Operating income margin reached a record 17.4%, while adjusted operating income margin was also a record at 17.6%.
Earnings per share (EPS) increased by 73.2% to a record $2.13, and adjusted EPS increased by 53.3% to a record $2.10.
The company returned $137.9 million to shareholders through dividends and share repurchases.
Lincoln Electric
Lincoln Electric
Lincoln Electric Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income