LECO: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	4.23bn	4.01bn
Cost of revenue	2.70bn	2.54bn
Gross profit	1.53bn	1.47bn
Selling, general and administrative	798m	781m
Operating income	718m	636m
Pre-tax income	675m	594m
Income tax	155m	128m
Net income	521m	466m
Earnings per share	9.39	8.23
Earnings per share, diluted	9.32	8.15

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	299m	309m	293m	299m	395m	377m	404m	273m
Receivables	598m	539m	502m	554m	523m	482m	517m	549m
Inventory	694m	633m	672m	621m	574m	544m	612m	583m
Current assets	1.86bn	1.74bn	1.78bn	1.73bn	1.73bn	1.65bn	1.76bn	1.61bn
Property, plant and equipment	721m	703m	677m	661m	636m	619m	624m	584m
Goodwill	886m	887m	888m	829m	814m	805m	819m	792m
Total assets	3.90bn	3.78bn	3.82bn	3.73bn	3.63bn	3.52bn	3.66bn	3.42bn
Current liabilities	1.02bn	957m	1.04bn	1.03bn	970m	879m	951m	784m
Short-term debt	164m	0	88m	105m	110m	100m	—	—
Long-term debt	1.15bn	1.15bn	1.15bn	1.15bn	1.15bn	1.15bn	1.15bn	1.10bn
Total liabilities	2.39bn	2.31bn	2.40bn	2.35bn	2.28bn	2.19bn	2.33bn	2.10bn
Equity	1.51bn	1.47bn	1.41bn	1.38bn	1.34bn	1.33bn	1.34bn	1.31bn
Shares outstanding	55m	55m	55m	55m	56m	56m	—	—
Shares issued	99m	99m	99m	99m	99m	99m	—	—
Treasury shares	44m	44m	44m	43m	43m	42m	—	—

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	661m	599m
Depreciation and amortisation	99m	88m
Share-based compensation	20m	24m
Capital expenditure	127m	117m
Investing cash flow	−257m	−361m
Dividends paid	168m	162m
Share buybacks	338m	264m
Financing cash flow	−462m	−245m