Lincoln Electric’s Q4 Sales Miss by 1.5% Despite 4.2% EPS Beat
Lincoln Electric's Q4 revenue rose 5.5% year-on-year to $1.08 billion, 1.5% below analyst estimates, while adjusted EPS of $2.65 beat forecasts by 4.2%. Adjusted EBITDA margin dipped to 19.5%, organic sales grew 2.5%, free cash flow margin fell to 4.8%, and shares outstanding declined 8.1%.
1. Q4 Financial Results
In Q4 CY2025, Lincoln Electric reported revenue of $1.08 billion, up 5.5% year-on-year but 1.5% below analyst estimates, and delivered adjusted EPS of $2.65, surpassing consensus by 4.2%.
2. Profitability and Cash Flow
Adjusted EBITDA totaled $209.9 million for a 19.5% margin, missing projections, while organic revenue grew 2.5%. Free cash flow margin declined to 4.8% from 6.4% in the prior-year quarter.
3. Capital Structure and Returns
The company maintained a 17.1% operating margin, unchanged year-on-year, and reduced diluted shares outstanding by 8.1% over the past five years, supporting EPS growth despite softer top-line momentum.