Lincoln Electric Q3 2022 Earnings Report
Key Takeaways
Lincoln Electric reported a strong third quarter with record sales of $935.2 million, a 16% increase year-over-year. EPS increased 253% to $1.87, and Adjusted EPS increased 31% to $2.04. The company's performance was driven by strong organic sales growth and contributions from acquisitions.
Net sales increased 16% to a record $935.2 million, with organic sales up 21%.
Operating income margin was 15.2%, and Adjusted operating income margin was 16.4%.
EPS increased 253% to a record $1.87; Adjusted EPS increased 31% to a record $2.04.
ROIC increased 930 basis points to 26.8%; Adjusted ROIC increased 590 basis points to 28.7%.
Lincoln Electric
Lincoln Electric
Lincoln Electric Revenue by Segment
Forward Guidance
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Revenue & Expenses
Visualization of income flow from segment revenue to net income