Lincoln Electric Q4 2023 Earnings Report
Key Takeaways
Lincoln Electric reported a 13.7% increase in net sales to $1.1 billion, a record operating income margin of 19.3%, and EPS of $2.70 for Q4 2023. Adjusted EPS was $2.45. The company achieved record performance in 2023, reflecting strong demand for its solutions and effective execution of its Higher Standard strategy.
Net sales increased 13.7% to a record $1.1 billion.
Operating income margin reached a record 19.3%, with an adjusted operating income margin of 17.2%.
EPS hit a record $2.70, and adjusted EPS was $2.45.
The company finished the year with good momentum across most end markets.
Lincoln Electric
Lincoln Electric
Lincoln Electric Revenue by Segment
Forward Guidance
Lincoln Electric will continue to advance the business by focusing on customers, bringing innovative products to market, and driving operational excellence.
Revenue & Expenses
Visualization of income flow from segment revenue to net income