Lincoln Electric raises 2026 net sales growth outlook to low-teens %
LECO•Lincoln Electric raised its 2026 sales growth outlook to the low-teens percentage range, citing stronger demand trends. It also projected $140 million to $150 million in capital spending and 100% full-year cash conversion.
1. Outlook and results
Lincoln Electric raised its 2026 sales growth outlook to the low-teens percentage range, reflecting stronger demand trends. Third-quarter sales rose 15.1% to $1.22 billion, including 14.5% organic growth led by volumes; the company projected capital spending of $140 million to $150 million, 100% full-year cash conversion, neutral fourth-quarter price/cost effects and adjusted operating income growth at a mid-20% incremental margin.
