EMR vs. LECO: Emerson Electric vs. Lincoln Electric Stock Comparison
How do Emerson Electric (EMR) and Lincoln Electric (LECO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Emerson Electric (EMR) and Lincoln Electric (LECO) both fall under the Capital Goods industry group, but EMR is classified in Electrical Equipment while LECO is classified in Machinery.
| Profile Item | EMR | LECO |
|---|---|---|
| Name | Emerson Electric Co. | Lincoln Electric Holdings, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Machinery |
| GICS Sub-Industry | Electrical Components & Equipment | Industrial Machinery & Supplies & Components |
| Market Capitalization | 90.56 billion USD | 14.91 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | June 1, 1972 | April 7, 1994 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EMR | LECO |
|---|---|---|
| Total Return (1Y) | 34.39% | 27.30% |
| Total Return (3Y, Annualized) | 28.46% | 17.31% |
| Total Return (5Y, Annualized) | 14.17% | 16.33% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EMR | LECO |
|---|---|---|
| Volatility (1Y, Annualized) | 32.47% | 31.13% |
| Beta (5Y) | 1.20 | 1.17 |
| Max Drawdown (5Y) | -29.61% | -34.29% |
| Avg. Volume (3M) | 2.61M | 409.99K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EMR | LECO |
|---|---|---|
| Sharpe Ratio (1Y) | 0.93 | 0.74 |
| Sortino Ratio (1Y) | 1.37 | 1.11 |
Profitability
ROE (TTM)
Lincoln Electric (LECO) at 38.75% sits in the top ROE quartile, while Emerson Electric (EMR) at 13.12% is closer to the peer norm — stronger capital efficiency for LECO.
EMR
Capital Goods industry group
13.12%
- Max
- 40.55%
- Q3
- 19.29%
- EMR
- 13.12%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
LECO
Capital Goods industry group
38.75%
- Max
- 40.55%
- LECO
- 38.75%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both Emerson Electric (EMR) at 14.18% and Lincoln Electric (LECO) at 12.40% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
EMR
Capital Goods industry group
14.18%
- Max
- 27.47%
- EMR
- 14.18%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
LECO
Capital Goods industry group
12.40%
- Max
- 27.47%
- LECO
- 12.40%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Emerson Electric (EMR) at 25.90% operates in the top operating margin quartile, ahead of Lincoln Electric (LECO) at 18.29%, which runs around its industry’s norm.
EMR
Capital Goods industry group
25.90%
- Max
- 36.60%
- EMR
- 25.90%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
LECO
Capital Goods industry group
18.29%
- Max
- 36.60%
- Q3
- 18.33%
- LECO
- 18.29%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | EMR | LECO |
|---|---|---|
| ROE (TTM) | 13.12% | 38.75% |
| ROA (TTM) | 5.98% | 13.32% |
| Net Margin (TTM) | 14.18% | 12.40% |
| Operating Margin (TTM) | 25.90% | 18.29% |
| Gross Margin (TTM) | 53.36% | 35.54% |
Growth
Revenue Growth
Only one side can be read here: Lincoln Electric (LECO) reports revenue growth of 5.60%, ranked against its industry; Emerson Electric (EMR) has no revenue growth figure this period.
EPS Growth
Both Emerson Electric (EMR) at 18.56% and Lincoln Electric (LECO) at 14.36% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | EMR | LECO |
|---|---|---|
| Revenue Growth (YoY) | -- | 5.60% |
| Revenue Growth (3Y CAGR) | -- | 4.02% |
| EPS Growth (YoY) | 18.56% | 14.36% |
| EPS Growth (3Y CAGR) | -40.62% | 5.05% |
Financial Strength
Current Ratio (MRQ)
Lincoln Electric (LECO) at 1.91 keeps current ratio within its industry’s typical mid-range, while Emerson Electric (EMR) at 0.94 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for EMR.
EMR
Capital Goods industry group
0.94
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- EMR
- 0.94
- Min
- 0.36
LECO
Capital Goods industry group
1.91
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- LECO
- 1.91
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Both Emerson Electric (EMR) at 0.59 and Lincoln Electric (LECO) at 0.78 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
EMR
Capital Goods industry group
0.59
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- EMR
- 0.59
- Q1
- 0.29
- Min
- 0.00
LECO
Capital Goods industry group
0.78
- Max
- 2.33
- Q3
- 1.12
- LECO
- 0.78
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | EMR | LECO |
|---|---|---|
| Current Ratio (MRQ) | 0.94 | 1.91 |
| Debt / Equity (MRQ) | 0.59 | 0.78 |
| Net Debt / EBITDA | 1.89 | 1.00 |
Dividends
Dividend Yield (TTM)
Emerson Electric (EMR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Lincoln Electric (LECO) reports a yield of 1.16%, ranking against industry peers normally.
EMR
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- EMR
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
LECO
Capital Goods industry group
1.16%
- Max
- 2.66%
- LECO
- 1.16%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Emerson Electric (EMR) at 48.51% and Lincoln Electric (LECO) at 30.30% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
EMR
Capital Goods industry group
48.51%
- Max
- 67.39%
- EMR
- 48.51%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
LECO
Capital Goods industry group
30.30%
- Max
- 67.39%
- LECO
- 30.30%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | EMR | LECO |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.16% |
| Dividend Payout Ratio (TTM) | 48.51% | 30.30% |
Valuation
P/E Ratio (TTM)
Both Emerson Electric (EMR) at 33.89 and Lincoln Electric (LECO) at 26.40 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
EMR
Capital Goods industry group
33.89
- Max
- 59.38
- Q3
- 35.92
- EMR
- 33.89
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
LECO
Capital Goods industry group
26.40
- Max
- 59.38
- Q3
- 35.92
- LECO
- 26.40
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Lincoln Electric (LECO) at 3.21 is priced about in line with its industry on P/S ratio, while Emerson Electric (EMR) at 4.77 sits in the pricier quartile — EMR costs more per dollar of sales.
EMR
Capital Goods industry group
4.77
- Max
- 7.54
- EMR
- 4.77
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
LECO
Capital Goods industry group
3.21
- Max
- 7.54
- Q3
- 3.76
- LECO
- 3.21
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Emerson Electric (EMR) at 4.38 is valued about in line with its industry on P/B ratio, while Lincoln Electric (LECO) at 9.59 carries an above-peer premium to book — LECO is pricier on assets.
EMR
Capital Goods industry group
4.38
- Max
- 9.66
- Q3
- 5.00
- EMR
- 4.38
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
LECO
Capital Goods industry group
9.59
- Max
- 9.66
- LECO
- 9.59
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | EMR | LECO |
|---|---|---|
| P/E Ratio (TTM) | 33.89 | 26.40 |
| P/S Ratio (TTM) | 4.77 | 3.21 |
| P/B Ratio (MRQ) | 4.38 | 9.59 |
| Free Cash Flow Yield (TTM) | 3.85% | 2.68% |