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Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) and LINCOLN ELECTRIC HOLDINGS INC (LECO). Click either name above to swap in a different company.

LINCOLN ELECTRIC HOLDINGS INC is the larger business by last-quarter revenue ($1.1B vs $789.6M, roughly 1.4× Atour Lifestyle Holdings Ltd). Atour Lifestyle Holdings Ltd runs the higher net margin — 17.6% vs 12.2%, a 5.5% gap on every dollar of revenue. On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs 11.7%). Atour Lifestyle Holdings Ltd produced more free cash flow last quarter ($210.7M vs $63.0M).

Atour Lifestyle Holdings Ltd is a leading China-based hospitality and lifestyle enterprise. It operates a wide portfolio of mid-to-premium hotel brands for business and leisure travelers, and offers complementary lifestyle retail products and experience services, catering primarily to middle-class consumers across domestic and selected overseas markets.

Lincoln Electric Holdings, Inc. is an American multinational and global manufacturer of welding products, arc welding equipment, welding accessories, plasma and oxy-fuel cutting equipment and robotic welding systems headquartered in Euclid, Ohio. It has a network of distributors and sales offices covering more than 160 countries and 42 manufacturing locations in North America, Europe, the Middle East, Asia and Latin America. It also operates manufacturing alliances and joint ventures in 19 co...

ATAT vs LECO — Head-to-Head

Bigger by revenue
LECO
LECO
1.4× larger
LECO
$1.1B
$789.6M
ATAT
Growing faster (revenue YoY)
ATAT
ATAT
+240.9% gap
ATAT
252.5%
11.7%
LECO
Higher net margin
ATAT
ATAT
5.5% more per $
ATAT
17.6%
12.2%
LECO
More free cash flow
ATAT
ATAT
$147.7M more FCF
ATAT
$210.7M
$63.0M
LECO

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ATAT
ATAT
LECO
LECO
Revenue
$789.6M
$1.1B
Net Profit
$139.1M
$136.4M
Gross Margin
35.6%
Operating Margin
22.5%
16.6%
Net Margin
17.6%
12.2%
Revenue YoY
252.5%
11.7%
Net Profit YoY
322.2%
15.1%
EPS (diluted)
$0.33
$2.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATAT
ATAT
LECO
LECO
Q1 26
$1.1B
Q4 25
$1.1B
Q3 25
$789.6M
$1.1B
Q2 25
$1.1B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$224.0M
$983.8M
Q2 24
$1.0B
Net Profit
ATAT
ATAT
LECO
LECO
Q1 26
$136.4M
Q4 25
$136.0M
Q3 25
$139.1M
$122.6M
Q2 25
$143.4M
Q1 25
$118.5M
Q4 24
$140.2M
Q3 24
$33.0M
$100.8M
Q2 24
$101.7M
Gross Margin
ATAT
ATAT
LECO
LECO
Q1 26
35.6%
Q4 25
34.7%
Q3 25
36.7%
Q2 25
37.3%
Q1 25
36.4%
Q4 24
36.1%
Q3 24
35.8%
Q2 24
37.6%
Operating Margin
ATAT
ATAT
LECO
LECO
Q1 26
16.6%
Q4 25
17.1%
Q3 25
22.5%
16.6%
Q2 25
17.6%
Q1 25
16.4%
Q4 24
17.3%
Q3 24
14.7%
14.8%
Q2 24
14.6%
Net Margin
ATAT
ATAT
LECO
LECO
Q1 26
12.2%
Q4 25
12.6%
Q3 25
17.6%
11.6%
Q2 25
13.2%
Q1 25
11.8%
Q4 24
13.7%
Q3 24
14.7%
10.2%
Q2 24
10.0%
EPS (diluted)
ATAT
ATAT
LECO
LECO
Q1 26
$2.47
Q4 25
$2.45
Q3 25
$0.33
$2.21
Q2 25
$2.56
Q1 25
$2.10
Q4 24
$2.47
Q3 24
$0.08
$1.77
Q2 24
$1.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATAT
ATAT
LECO
LECO
Cash + ST InvestmentsLiquidity on hand
$669.2M
$298.9M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$405.0M
$1.5B
Total Assets
$1.1B
$3.9B
Debt / EquityLower = less leverage
0.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATAT
ATAT
LECO
LECO
Q1 26
$298.9M
Q4 25
$308.8M
Q3 25
$669.2M
$293.0M
Q2 25
$299.5M
Q1 25
$394.7M
Q4 24
$377.3M
Q3 24
$506.0M
$404.2M
Q2 24
$272.7M
Total Debt
ATAT
ATAT
LECO
LECO
Q1 26
$1.3B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ATAT
ATAT
LECO
LECO
Q1 26
$1.5B
Q4 25
$1.5B
Q3 25
$405.0M
$1.4B
Q2 25
$1.4B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$291.3M
$1.3B
Q2 24
$1.3B
Total Assets
ATAT
ATAT
LECO
LECO
Q1 26
$3.9B
Q4 25
$3.8B
Q3 25
$1.1B
$3.8B
Q2 25
$3.7B
Q1 25
$3.6B
Q4 24
$3.5B
Q3 24
$927.8M
$3.7B
Q2 24
$3.4B
Debt / Equity
ATAT
ATAT
LECO
LECO
Q1 26
0.87×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATAT
ATAT
LECO
LECO
Operating Cash FlowLast quarter
$216.6M
$102.2M
Free Cash FlowOCF − Capex
$210.7M
$63.0M
FCF MarginFCF / Revenue
26.7%
5.6%
Capex IntensityCapex / Revenue
0.8%
3.5%
Cash ConversionOCF / Net Profit
1.56×
0.75×
TTM Free Cash FlowTrailing 4 quarters
$359.6M
$438.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATAT
ATAT
LECO
LECO
Q1 26
$102.2M
Q4 25
$95.0M
Q3 25
$216.6M
$236.7M
Q2 25
$143.8M
Q1 25
$185.7M
Q4 24
$95.8M
Q3 24
$84.8M
$199.2M
Q2 24
$170.7M
Free Cash Flow
ATAT
ATAT
LECO
LECO
Q1 26
$63.0M
Q4 25
$52.0M
Q3 25
$210.7M
$205.1M
Q2 25
$118.4M
Q1 25
$158.7M
Q4 24
$64.3M
Q3 24
$83.3M
$163.5M
Q2 24
$147.5M
FCF Margin
ATAT
ATAT
LECO
LECO
Q1 26
5.6%
Q4 25
4.8%
Q3 25
26.7%
19.3%
Q2 25
10.9%
Q1 25
15.8%
Q4 24
6.3%
Q3 24
37.2%
16.6%
Q2 24
14.4%
Capex Intensity
ATAT
ATAT
LECO
LECO
Q1 26
3.5%
Q4 25
4.0%
Q3 25
0.8%
3.0%
Q2 25
2.3%
Q1 25
2.7%
Q4 24
3.1%
Q3 24
0.7%
3.6%
Q2 24
2.3%
Cash Conversion
ATAT
ATAT
LECO
LECO
Q1 26
0.75×
Q4 25
0.70×
Q3 25
1.56×
1.93×
Q2 25
1.00×
Q1 25
1.57×
Q4 24
0.68×
Q3 24
2.57×
1.98×
Q2 24
1.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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