Company / SG&A Expense
Lincoln Electric SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$798.0M
FY2025
5-year range
$543.8M / $798.0M
FY2021-FY2025
Trend
+2.2%
vs FY2024
Sector context
#94 of 311
Industrials
What the data says
At $798M, Lincoln Electric's sg&a expense ranks #218 of 311 in the Industrials sector. SG&A Expense has increased for 3 consecutive years, from $544M in FY2022 to $798M in FY2025.
Based on SEC 10-K filings.
$798M in FY2025 with a 5-year CAGR of +8.0%.
Increased from $759M to $798M over the past 2 years.
Industrials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +13.6%
- 5-Year CAGR
- +8.0%
- 10-Year CAGR
- -
Sector benchmark
#218 of 311 in IndustrialsTop 70% of 311This company $798.0M Sector average $849.5M
▼
-6.1% below sector average
Key checks
Key Insights
- Lincoln Electric's sg&a expense has grown for 3 consecutive years.
- 5-year CAGR of +8.0%, indicating consistent growth.
- In FY2025, sg&a expense increased 2.2% year-over-year.
- Ranks #94 out of 311 companies in the Industrials sector.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $798.0M | +2.2% |
| FY2024 | $780.6M | +2.9% |
| FY2023 | $758.9M | +39.6% |
| FY2022 | $543.8M | -12.5% |
| FY2021 | $621.5M | +14.3% |
| FY2020 | $543.8M | -12.5% |
| FY2019 | $621.5M | +32.6% |
| FY2018 | $468.6M | -5.7% |
| FY2017 | $496.7M | -8.9% |
| FY2016 | $545.5M | +3.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026