Company / Interest Expense
Lincoln Electric Interest Expense History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$52.9M
FY2024
5-year range
$24.0M / $52.9M
FY2020-FY2024
Trend
+3.5%
vs FY2023
Sector context
#43 of 111
Industrials
What the data says
At $53M, Lincoln Electric's interest expense ranks #69 of 111 in the Industrials sector. Interest Expense has fluctuated over the past 9 years, ranging from $10M in FY2016 to $53M in FY2024.
Based on SEC 10-K filings.
$53M in FY2024 with a 5-year CAGR of +15.3%.
Increased from $24M to $53M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +26.8%
- 5-Year CAGR
- +15.3%
- 10-Year CAGR
- -
Sector benchmark
#69 of 111 in IndustrialsTop 61% of 111This company $52.9M Sector average $108.8M
▼
-51.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +15.3%, indicating consistent growth.
- In FY2024, interest expense increased 3.5% year-over-year.
- Ranks #43 out of 111 companies in the Industrials sector.
- Lowest interest expense in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 3.10 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 37.1%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $52.9M | +3.5% |
| FY2023 | $51.1M | +113.4% |
| FY2022 | $24.0M | -7.6% |
| FY2021 | $25.9M | +8.3% |
| FY2020 | $24.0M | -7.6% |
| FY2019 | $25.9M | +36.0% |
| FY2018 | $19.1M | -12.6% |
| FY2017 | $21.8M | +109.2% |
| FY2016 | $10.4M | +264.3% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026