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Jun 30, 2022
Lincoln Electric Q2 2022 Earnings Report
Lincoln Electric achieved record sales and earnings, driven by strong demand and effective mitigation of headwinds.
Key Takeaways
Lincoln Electric reported a strong second quarter with record sales of $969.6 million, a 17.3% increase, and record EPS of $2.18. The company's performance was driven by solid industrial demand in Americas Welding and strong margin performance across both welding segments.
Net sales increased 17.3% to a record $969.6 million, driven by a 20.5% increase in organic sales.
Operating and Adjusted operating income margin reached a record 17.3%.
EPS increased 36.3% to a record $2.18; Adjusted EPS increased 30.5% to a record $2.18.
Returned $57.7 million to shareholders through dividends and share repurchases.
Lincoln Electric
Lincoln Electric
Lincoln Electric Revenue by Segment
Forward Guidance
This document does not contain forward guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income