Why Invest

Lincoln Electric leads the global arc welding industry through a commitment to innovation and business practices that seek to align and generate superior value for all our stakeholders through the cycle:

• Customers: we engineer high-quality solutions that are manufactured responsibly, operate safely and efficiently, and are supported by our superior technical application capabilities;
• Employees: we invest in an incentive and results-driven culture where engagement, and professional growth and development is a priority;
• Suppliers: we work with partners that share a commitment to responsible operations that are safe, compliant, and efficient;
• Communities: we are an engaged community partner focused on helping our neighbors thrive; and
• Shareholders: we target a business model that delivers above-market returns:
• #1 leader in a growing industry while accelerating revenue via innovation and acquisitions
• Innovation and operational excellence increases profitability performance with a track record of increasing our average Adjusted operating income margin performance by +200bps vs. the prior cycle
• Earnings compounder through the cycle
• Solid balance sheet and strong cash generation through the cycle with a 100+% cash conversion target
• Predictable model enables 28-years of consecutive increases to our annual dividend payout
• Disciplined capital deployment delivers top-quartile ROIC performance

Our 2020-2023 Progress:

To learn more about Lincoln Electric and all of our Higher Standard 2025 Strategy targets, please review our Overview Presentation

Lincoln Electric Overview(opens in new window)