Lincoln Electric Holdings, Inc. reported strong second quarter 2025 results, with net sales increasing by 6.6% to $1,088.7 million. The company achieved a net income of $143.4 million and diluted EPS of $2.56, with adjusted EPS reaching $2.60. Operating income margin stood at 17.6%, and adjusted operating income margin was 17.9%. The company also generated $144 million in cash flows from operations and returned $169 million to shareholders.
Net sales increased by 6.6% to $1,089 million, driven by a 2.9% increase in organic sales and a 3.0% benefit from acquisitions.
Diluted EPS was $2.56, with adjusted EPS at $2.60, reflecting a significant improvement compared to the prior year.
Operating income margin improved to 17.6%, and adjusted operating income margin reached 17.9%, indicating strong operational efficiency.
The company generated $144 million in cash flows from operations and returned $169 million to shareholders through dividends and share repurchases.
The company expects continued value creation for shareholders through the cycle, supported by operating agility and strong cash generation. The acquisition of Alloy Steel Australia is anticipated to be accretive to earnings.
Visualization of income flow from segment revenue to net income