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Side-by-side financial comparison of LINCOLN ELECTRIC HOLDINGS INC (LECO) and UNISYS CORP (UIS). 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 $574.5M, roughly 1.9× UNISYS CORP). LINCOLN ELECTRIC HOLDINGS INC runs the higher net margin — 12.6% vs 3.3%, a 9.4% gap on every dollar of revenue. On growth, LINCOLN ELECTRIC HOLDINGS INC posted the faster year-over-year revenue change (5.5% vs 5.3%). UNISYS CORP produced more free cash flow last quarter ($97.3M vs $52.0M). Over the past eight quarters, UNISYS CORP's revenue compounded faster (8.5% CAGR vs 4.9%).

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...

Unisys Corporation is a technology company founded in 1986 and headquartered in Blue Bell, Pennsylvania. The company provides cloud, AI, digital workplace, logistics, and enterprise computing services.

LECO vs UIS — Head-to-Head

Bigger by revenue
LECO
LECO
1.9× larger
LECO
$1.1B
$574.5M
UIS
Growing faster (revenue YoY)
LECO
LECO
+0.2% gap
LECO
5.5%
5.3%
UIS
Higher net margin
LECO
LECO
9.4% more per $
LECO
12.6%
3.3%
UIS
More free cash flow
UIS
UIS
$45.3M more FCF
UIS
$97.3M
$52.0M
LECO
Faster 2-yr revenue CAGR
UIS
UIS
Annualised
UIS
8.5%
4.9%
LECO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LECO
LECO
UIS
UIS
Revenue
$1.1B
$574.5M
Net Profit
$136.0M
$18.7M
Gross Margin
34.7%
33.9%
Operating Margin
17.1%
13.3%
Net Margin
12.6%
3.3%
Revenue YoY
5.5%
5.3%
Net Profit YoY
-3.0%
-37.7%
EPS (diluted)
$2.45
$0.24

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
UIS
UIS
Q4 25
$1.1B
$574.5M
Q3 25
$1.1B
$460.2M
Q2 25
$1.1B
$483.3M
Q1 25
$1.0B
$432.1M
Q4 24
$1.0B
$545.4M
Q3 24
$983.8M
$497.0M
Q2 24
$1.0B
$478.2M
Q1 24
$981.2M
$487.8M
Net Profit
LECO
LECO
UIS
UIS
Q4 25
$136.0M
$18.7M
Q3 25
$122.6M
$-308.9M
Q2 25
$143.4M
$-20.1M
Q1 25
$118.5M
$-29.5M
Q4 24
$140.2M
$30.0M
Q3 24
$100.8M
$-61.9M
Q2 24
$101.7M
$-12.0M
Q1 24
$123.4M
$-149.5M
Gross Margin
LECO
LECO
UIS
UIS
Q4 25
34.7%
33.9%
Q3 25
36.7%
25.5%
Q2 25
37.3%
26.9%
Q1 25
36.4%
24.9%
Q4 24
36.1%
32.1%
Q3 24
35.8%
29.2%
Q2 24
37.6%
27.2%
Q1 24
37.5%
27.9%
Operating Margin
LECO
LECO
UIS
UIS
Q4 25
17.1%
13.3%
Q3 25
16.6%
-7.3%
Q2 25
17.6%
6.3%
Q1 25
16.4%
1.2%
Q4 24
17.3%
8.9%
Q3 24
14.8%
1.5%
Q2 24
14.6%
4.9%
Q1 24
16.8%
3.6%
Net Margin
LECO
LECO
UIS
UIS
Q4 25
12.6%
3.3%
Q3 25
11.6%
-67.1%
Q2 25
13.2%
-4.2%
Q1 25
11.8%
-6.8%
Q4 24
13.7%
5.5%
Q3 24
10.2%
-12.5%
Q2 24
10.0%
-2.5%
Q1 24
12.6%
-30.6%
EPS (diluted)
LECO
LECO
UIS
UIS
Q4 25
$2.45
$0.24
Q3 25
$2.21
$-4.33
Q2 25
$2.56
$-0.28
Q1 25
$2.10
$-0.42
Q4 24
$2.47
$0.45
Q3 24
$1.77
$-0.89
Q2 24
$1.77
$-0.17
Q1 24
$2.14
$-2.18

Balance Sheet & Financial Strength

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

Metric
LECO
LECO
UIS
UIS
Cash + ST InvestmentsLiquidity on hand
$308.8M
$413.9M
Total DebtLower is stronger
$729.0M
Stockholders' EquityBook value
$1.5B
$-282.6M
Total Assets
$3.8B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LECO
LECO
UIS
UIS
Q4 25
$308.8M
$413.9M
Q3 25
$293.0M
$321.9M
Q2 25
$299.5M
$300.8M
Q1 25
$394.7M
$393.1M
Q4 24
$377.3M
$376.5M
Q3 24
$404.2M
$373.7M
Q2 24
$272.7M
$344.9M
Q1 24
$375.0M
$382.8M
Total Debt
LECO
LECO
UIS
UIS
Q4 25
$729.0M
Q3 25
$723.2M
Q2 25
$692.7M
Q1 25
$488.3M
Q4 24
$488.2M
Q3 24
$488.5M
Q2 24
$489.2M
Q1 24
$488.4M
Stockholders' Equity
LECO
LECO
UIS
UIS
Q4 25
$1.5B
$-282.6M
Q3 25
$1.4B
$-300.2M
Q2 25
$1.4B
$-221.5M
Q1 25
$1.3B
$-267.8M
Q4 24
$1.3B
$-283.4M
Q3 24
$1.3B
$-202.2M
Q2 24
$1.3B
$-174.1M
Q1 24
$1.3B
$-158.6M
Total Assets
LECO
LECO
UIS
UIS
Q4 25
$3.8B
$1.8B
Q3 25
$3.8B
$1.7B
Q2 25
$3.7B
$1.8B
Q1 25
$3.6B
$1.8B
Q4 24
$3.5B
$1.9B
Q3 24
$3.7B
$1.9B
Q2 24
$3.4B
$1.9B
Q1 24
$3.4B
$1.9B

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
UIS
UIS
Operating Cash FlowLast quarter
$95.0M
$104.9M
Free Cash FlowOCF − Capex
$52.0M
$97.3M
FCF MarginFCF / Revenue
4.8%
16.9%
Capex IntensityCapex / Revenue
4.0%
1.3%
Cash ConversionOCF / Net Profit
0.70×
5.61×
TTM Free Cash FlowTrailing 4 quarters
$534.2M
$-170.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LECO
LECO
UIS
UIS
Q4 25
$95.0M
$104.9M
Q3 25
$236.7M
$38.0M
Q2 25
$143.8M
$-316.2M
Q1 25
$185.7M
$33.3M
Q4 24
$95.8M
$76.6M
Q3 24
$199.2M
$32.0M
Q2 24
$170.7M
$2.7M
Q1 24
$133.3M
$23.8M
Free Cash Flow
LECO
LECO
UIS
UIS
Q4 25
$52.0M
$97.3M
Q3 25
$205.1M
$32.4M
Q2 25
$118.4M
$-324.1M
Q1 25
$158.7M
$24.4M
Q4 24
$64.3M
$66.5M
Q3 24
$163.5M
$25.2M
Q2 24
$147.5M
$-6.0M
Q1 24
$107.0M
$17.1M
FCF Margin
LECO
LECO
UIS
UIS
Q4 25
4.8%
16.9%
Q3 25
19.3%
7.0%
Q2 25
10.9%
-67.1%
Q1 25
15.8%
5.6%
Q4 24
6.3%
12.2%
Q3 24
16.6%
5.1%
Q2 24
14.4%
-1.3%
Q1 24
10.9%
3.5%
Capex Intensity
LECO
LECO
UIS
UIS
Q4 25
4.0%
1.3%
Q3 25
3.0%
1.2%
Q2 25
2.3%
1.6%
Q1 25
2.7%
2.1%
Q4 24
3.1%
1.9%
Q3 24
3.6%
1.4%
Q2 24
2.3%
1.8%
Q1 24
2.7%
1.4%
Cash Conversion
LECO
LECO
UIS
UIS
Q4 25
0.70×
5.61×
Q3 25
1.93×
Q2 25
1.00×
Q1 25
1.57×
Q4 24
0.68×
2.55×
Q3 24
1.98×
Q2 24
1.68×
Q1 24
1.08×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LECO
LECO

Americas Welding$681.9M63%
International Welding$259.4M24%
Harris Products Group$137.4M13%

UIS
UIS

Segment breakdown not available.

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