TORVANTA
Other · S&P 500 · data as of 2026-10-05

LECO stock analysis: LECO

LECO (LECO) is an S&P 500 company in Other. It grades weakest on value.

The model's view of LECO · subscribers

Where LECO ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with LECO · updated 2026-10-05 · from prices and SEC filings

LECO price performance

LECO against the S&P 500, one year
+0%+10%+20%+30%LECO +19%S&P 500 +18%2025-09-292026-10-05
Year to date+15.8%S&P 500 +14.5% · ahead by 1.3 pts
1 year+17.8%S&P 500 +17.0% · ahead by 0.7 pts
3 years+58.5%S&P 500 +89.3% · behind by 30.8 pts
5 years+120.2%S&P 500 +91.3% · ahead by 28.9 pts

Total returns with dividends reinvested.

LECO factor grades

Each grade compares LECO with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

D+ValueP/E 27.4x (industry 20.1x)FCF yield 3.6% (industry 6.0%)
C+GrowthRevenue growth +9% (industry +8%)EPS growth +13% (industry +10%)
BProfitabilityOperating margin 17.1% (industry 9.6%)ROIC 24.0% (industry 10.1%)
B+Momentum12-month change +18%From 52-wk high -7%

LECO in plain numbers

LECO key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$15.0B
Revenue growth (y/y)+9%
Free-cash-flow yield3.6%
Dividend yield1.2%
Next earnings (expected)2026-10-29
Valuation measures
Market value$15.0B
Enterprise value$15.9B
P/E (trailing)27.4x
Forward P/E (Torvanta estimate)25.7x
PEG (Torvanta estimate)3.71
Price / sales3.3x
Price / book9.6x
EV / revenue3.5x
EV / EBITDA18.3x
Financial highlights
Revenue, last 12 months$4.5B
Net income, last 12 months$553.6M
EPS, last 12 months (GAAP)$10.02
Gross margin36.0%
Operating margin17.1%
Net margin12.4%
Return on equity37.7%
Return on invested capital24.0%
Cash$242.4M
Total debt$1.2B
Debt / equity0.74x
Free cash flow, last 12 months$542.4M
Interest cover13.1x
Current ratio1.98x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

LECO earnings trends

Revenue vs earnings
$0$304.9M$609.8M$914.7M$1.2BSep 2024 Revenue: $1.0BDec 2024 Revenue: $1.0BMar 2025 Revenue: $1.0BJun 2025 Revenue: $1.1BSep 2025 Revenue: $1.1BDec 2025 Revenue: $1.1BMar 2026 Revenue: $1.1BJun 2026 Revenue: $1.2BSep 2024 Net income: $100.8MDec 2024 Net income: $140.2MMar 2025 Net income: $118.5MJun 2025 Net income: $143.4MSep 2025 Net income: $122.6MDec 2025 Net income: $136.0MMar 2026 Net income: $136.4MJun 2026 Net income: $158.5MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 10.2%Net margin: 13.7%Net margin: 11.8%Net margin: 13.2%Net margin: 11.6%Net margin: 12.6%Net margin: 12.2%Net margin: 13.0%0%7%14%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.7$1.4$2.2$2.9Sep 2024 EPS (GAAP, diluted): $1.8Dec 2024 EPS (GAAP, diluted): $2.5Mar 2025 EPS (GAAP, diluted): $2.1Jun 2025 EPS (GAAP, diluted): $2.6Sep 2025 EPS (GAAP, diluted): $2.2Dec 2025 EPS (GAAP, diluted): $2.5Mar 2026 EPS (GAAP, diluted): $2.5Jun 2026 EPS (GAAP, diluted): $2.9Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +25% · Dec 2025 -0% · Mar 2026 +18% · Jun 2026 +12%

From the company's 10-Q and 10-K filings with the SEC.

LECO financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$3.2B$3.8B$4.2B$4.0B$4.2B
Net income$276.5M$472.2M$545.2M$466.1M$520.5M
EPS (GAAP)$4.60$8.05$9.37$8.15$9.33
Free cash flow$302.5M$311.5M$576.6M$482.4M$534.2M

LECO earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-30$2.88+12%+12%-1.1%
2026-04-30$2.47+18%+12%+2.1%
2026-02-12$2.46-0%+6%+2.6%
2025-10-30$2.21+25%+8%+0.8%
2025-07-31$2.56+45%+7%+10.0%
2025-04-30$2.10-2%+2%-4.2%

Companies similar to LECO

CompanyMarket valueP/ERevenue growthOperating margin12-month change
LECO LECO$15.0B27.4x+9%17.1%+18%
H H$15.2B191.2x+6%n/a+7%compare
EQH EQH$14.7Bn/a-22%n/a+8%compare
RBA RBA$15.2B35.5x+10%16.0%-23%compare
NBIX NBIX$14.7B21.1x+34%23.6%+5%
JAZZ JAZZ$15.3B16.1x+13%19.5%+69%
LAMR LAMR$14.6B26.3x+4%31.8%+23%

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Frequently asked questions

Is LECO stock a buy?

Torvanta does not tell individuals what to buy. Its grades for LECO are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is LECO's P/E ratio?

LECO trades at about 27.4 times its last 12 months of GAAP earnings reported to the SEC, and about 25.7 times Torvanta's own estimate of the next 12 months.

When does LECO report earnings next?

Based on its filing history, Torvanta expects LECO to report around 2026-10-29.

Does LECO pay a dividend?

Yes. Its dividend yield is about 1.2%, and it has raised its dividend 30 years in a row.

How has LECO performed against the S&P 500?

Over the past year LECO returned +17.8%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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