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Side-by-side financial comparison of LINCOLN ELECTRIC HOLDINGS INC (LECO) and PERRIGO Co plc (PRGO). 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 $1.1B, roughly 1.0× PERRIGO Co plc). LINCOLN ELECTRIC HOLDINGS INC runs the higher net margin — 12.2% vs -127.8%, a 140.0% gap on every dollar of revenue. On growth, LINCOLN ELECTRIC HOLDINGS INC posted the faster year-over-year revenue change (11.7% vs -2.5%). PERRIGO Co plc produced more free cash flow last quarter ($148.6M vs $63.0M). Over the past eight quarters, LINCOLN ELECTRIC HOLDINGS INC's revenue compounded faster (4.8% CAGR vs 1.3%).

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...

Perrigo Company plc is an American Irish-registered manufacturer of private label over-the-counter pharmaceuticals, and while 70% of Perrigo's net sales are from the U.S. healthcare system, Perrigo is legally headquartered in Ireland for tax purposes, which accounts for 0.60% of net sales. In 2013, Perrigo completed the sixth-largest US corporate tax inversion in history when it reregistered its tax status to Ireland to avoid U.S. corporate taxes. Perrigo maintains its corporate headquarters ...

LECO vs PRGO — Head-to-Head

Bigger by revenue
LECO
LECO
1.0× larger
LECO
$1.1B
$1.1B
PRGO
Growing faster (revenue YoY)
LECO
LECO
+14.2% gap
LECO
11.7%
-2.5%
PRGO
Higher net margin
LECO
LECO
140.0% more per $
LECO
12.2%
-127.8%
PRGO
More free cash flow
PRGO
PRGO
$85.6M more FCF
PRGO
$148.6M
$63.0M
LECO
Faster 2-yr revenue CAGR
LECO
LECO
Annualised
LECO
4.8%
1.3%
PRGO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LECO
LECO
PRGO
PRGO
Revenue
$1.1B
$1.1B
Net Profit
$136.4M
$-1.4B
Gross Margin
35.6%
32.6%
Operating Margin
16.6%
-116.0%
Net Margin
12.2%
-127.8%
Revenue YoY
11.7%
-2.5%
Net Profit YoY
15.1%
-3093.9%
EPS (diluted)
$2.47
$-10.23

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
LECO
LECO
PRGO
PRGO
Q1 26
$1.1B
Q4 25
$1.1B
$1.1B
Q3 25
$1.1B
$1.0B
Q2 25
$1.1B
$1.1B
Q1 25
$1.0B
$1.0B
Q4 24
$1.0B
$1.1B
Q3 24
$983.8M
$1.1B
Q2 24
$1.0B
$1.1B
Net Profit
LECO
LECO
PRGO
PRGO
Q1 26
$136.4M
Q4 25
$136.0M
$-1.4B
Q3 25
$122.6M
$7.5M
Q2 25
$143.4M
$-8.4M
Q1 25
$118.5M
$-6.4M
Q4 24
$140.2M
$-44.4M
Q3 24
$100.8M
$-21.0M
Q2 24
$101.7M
$-108.4M
Gross Margin
LECO
LECO
PRGO
PRGO
Q1 26
35.6%
Q4 25
34.7%
32.6%
Q3 25
36.7%
36.1%
Q2 25
37.3%
34.4%
Q1 25
36.4%
37.6%
Q4 24
36.1%
33.9%
Q3 24
35.8%
37.2%
Q2 24
37.6%
37.0%
Operating Margin
LECO
LECO
PRGO
PRGO
Q1 26
16.6%
Q4 25
17.1%
-116.0%
Q3 25
16.6%
7.0%
Q2 25
17.6%
4.3%
Q1 25
16.4%
4.5%
Q4 24
17.3%
10.0%
Q3 24
14.8%
7.4%
Q2 24
14.6%
-2.5%
Net Margin
LECO
LECO
PRGO
PRGO
Q1 26
12.2%
Q4 25
12.6%
-127.8%
Q3 25
11.6%
0.7%
Q2 25
13.2%
-0.8%
Q1 25
11.8%
-0.6%
Q4 24
13.7%
-3.9%
Q3 24
10.2%
-1.9%
Q2 24
10.0%
-10.2%
EPS (diluted)
LECO
LECO
PRGO
PRGO
Q1 26
$2.47
Q4 25
$2.45
$-10.23
Q3 25
$2.21
$0.05
Q2 25
$2.56
$-0.06
Q1 25
$2.10
$-0.05
Q4 24
$2.47
$-0.32
Q3 24
$1.77
$-0.15
Q2 24
$1.77
$-0.79

Balance Sheet & Financial Strength

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

Metric
LECO
LECO
PRGO
PRGO
Cash + ST InvestmentsLiquidity on hand
$298.9M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$1.5B
$2.9B
Total Assets
$3.9B
$8.5B
Debt / EquityLower = less leverage
0.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LECO
LECO
PRGO
PRGO
Q1 26
$298.9M
Q4 25
$308.8M
Q3 25
$293.0M
$432.1M
Q2 25
$299.5M
$454.2M
Q1 25
$394.7M
$409.9M
Q4 24
$377.3M
$558.8M
Q3 24
$404.2M
$1.5B
Q2 24
$272.7M
$542.8M
Total Debt
LECO
LECO
PRGO
PRGO
Q1 26
$1.3B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
LECO
LECO
PRGO
PRGO
Q1 26
$1.5B
Q4 25
$1.5B
$2.9B
Q3 25
$1.4B
$4.4B
Q2 25
$1.4B
$4.5B
Q1 25
$1.3B
$4.4B
Q4 24
$1.3B
$4.3B
Q3 24
$1.3B
$4.6B
Q2 24
$1.3B
$4.5B
Total Assets
LECO
LECO
PRGO
PRGO
Q1 26
$3.9B
Q4 25
$3.8B
$8.5B
Q3 25
$3.8B
$10.1B
Q2 25
$3.7B
$10.1B
Q1 25
$3.6B
$9.8B
Q4 24
$3.5B
$9.6B
Q3 24
$3.7B
$11.2B
Q2 24
$3.4B
$10.4B
Debt / Equity
LECO
LECO
PRGO
PRGO
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
LECO
LECO
PRGO
PRGO
Operating Cash FlowLast quarter
$102.2M
$175.4M
Free Cash FlowOCF − Capex
$63.0M
$148.6M
FCF MarginFCF / Revenue
5.6%
13.4%
Capex IntensityCapex / Revenue
3.5%
2.4%
Cash ConversionOCF / Net Profit
0.75×
TTM Free Cash FlowTrailing 4 quarters
$438.5M
$145.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LECO
LECO
PRGO
PRGO
Q1 26
$102.2M
Q4 25
$95.0M
$175.4M
Q3 25
$236.7M
$51.7M
Q2 25
$143.8M
$75.9M
Q1 25
$185.7M
$-64.5M
Q4 24
$95.8M
$312.6M
Q3 24
$199.2M
$42.2M
Q2 24
$170.7M
$9.5M
Free Cash Flow
LECO
LECO
PRGO
PRGO
Q1 26
$63.0M
Q4 25
$52.0M
$148.6M
Q3 25
$205.1M
$29.8M
Q2 25
$118.4M
$56.7M
Q1 25
$158.7M
$-90.0M
Q4 24
$64.3M
$274.9M
Q3 24
$163.5M
$15.1M
Q2 24
$147.5M
$-18.9M
FCF Margin
LECO
LECO
PRGO
PRGO
Q1 26
5.6%
Q4 25
4.8%
13.4%
Q3 25
19.3%
2.9%
Q2 25
10.9%
5.4%
Q1 25
15.8%
-8.6%
Q4 24
6.3%
24.2%
Q3 24
16.6%
1.4%
Q2 24
14.4%
-1.8%
Capex Intensity
LECO
LECO
PRGO
PRGO
Q1 26
3.5%
Q4 25
4.0%
2.4%
Q3 25
3.0%
2.1%
Q2 25
2.3%
1.8%
Q1 25
2.7%
2.4%
Q4 24
3.1%
3.3%
Q3 24
3.6%
2.5%
Q2 24
2.3%
2.7%
Cash Conversion
LECO
LECO
PRGO
PRGO
Q1 26
0.75×
Q4 25
0.70×
Q3 25
1.93×
6.89×
Q2 25
1.00×
Q1 25
1.57×
Q4 24
0.68×
Q3 24
1.98×
Q2 24
1.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LECO
LECO

Segment breakdown not available.

PRGO
PRGO

Consumer Self Care Americas$697.0M63%
Digestive Health$123.9M11%
Nutrition$108.3M10%
Healthy Lifestyle$94.8M9%
Pain And Sleep Aids$87.1M8%

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