Lincoln Electric Q3 sales fall 4.8% to $983.8 million; EPS $1.77 vs $2.22
Lincoln Electric reported third quarter 2024 net sales of $983.8 million, down 4.8% from a year earlier, with organic sales down 7.7%. Diluted EPS was $1.77 versus $2.22, and adjusted EPS, which excludes special items, was $2.14 versus $2.40, so both measures fell for shareholders. The Board also declared a quarterly dividend of $0.75 per share, a 5.6% increase.
Key points
- Q3 2024 net sales were $983.8 million, down 4.8%; organic sales fell 7.7% and acquisitions added 3.0%.
- Diluted EPS was $1.77 versus $2.22; adjusted EPS was $2.14 versus $2.40 in the prior year period.
- Operating income margin was 14.8% versus 16.6%; adjusted operating margin was 17.3% versus 17.7%.
- Board declared a $0.75 quarterly dividend, a 5.6% increase, payable January 15, 2025 to holders of record as of December 31, 2024.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.