Dec 31, 2019

Lincoln Electric Q4 2019 Earnings Report

Lincoln Electric's Q4 2019 earnings decreased compared to the previous year, with sales also slightly declining, but the company highlighted record cash flow generation for the full year.

Key Takeaways

Lincoln Electric reported a decrease in net sales by 1.0% to $736.3 million for Q4 2019. EPS decreased by 23.7% to $1.03, and adjusted EPS decreased by 10.9% to $1.15. The company's cash flow from operations increased by 23.3% to $123 million.

Q4 EPS decreased 23.7% to $1.03, Adjusted EPS decreased 10.9% to $1.15

Q4 sales decreased 1.0% to $736.3 million

Q4 Cash flow from operations increased 23.3% to $123 million

Full year cash flow from operations increased 22.5% to $403 million

Total Revenue
$736M
Previous year: $744M
-1.0%
EPS
$1.15
Previous year: $1.29
-10.9%
Operating Margin
11.2%
Previous year: 12.8%
-12.5%
Adj. Operating Margin
12.4%
Previous year: 13%
-4.6%
Gross Profit
$241M
Previous year: $250M
-3.7%
Cash and Equivalents
$200M
Previous year: $359M
-44.4%
Total Assets
$2.37B
Previous year: $2.35B
+0.9%

Lincoln Electric

Lincoln Electric

Lincoln Electric Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income