INIO vs. LECO: Innio vs. Lincoln Electric Stock Comparison

Company Profile

Innio (INIO) and Lincoln Electric (LECO) both fall under the Capital Goods industry group, but INIO is classified in Electrical Equipment while LECO is classified in Machinery.

Lincoln Electric (LECO) has been public since April 7, 1994, giving it decades of market history across multiple cycles, while Innio (INIO) listed only on June 8, 2026 and lacks comparable through-cycle data.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Innio (INIO) reports a negative beta of -1.88, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Lincoln Electric (LECO) has a non-negative beta of 1.17.

Risk-Adjusted Performance

Risk-Return Positioning

Both INIO and LECO need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: Lincoln Electric (LECO) earns 38.75% on shareholders’ equity, ranked against its industry; Innio (INIO) has no ROE this period.

Lincoln Electric (LECO) at 12.40% retains a top-quartile share of revenue as profit, ahead of Innio (INIO) at 2.71%, which keeps about the industry-typical share.

Both Innio (INIO) at 16.58% and Lincoln Electric (LECO) at 18.29% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

Profitability Metrics

Growth

Innio (INIO) at 22.13% sits in the top revenue growth quartile, while Lincoln Electric (LECO) at 5.60% is closer to the peer norm — faster top-line expansion for INIO.

Innio (INIO) at 59.26% sits in the top EPS growth quartile, while Lincoln Electric (LECO) at 14.36% is closer to the peer norm — faster per-share earnings growth for INIO.

Growth Metrics

Financial Strength

Lincoln Electric (LECO) at 1.91 keeps current ratio within its industry’s typical mid-range, while Innio (INIO) at 1.27 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for INIO.

Lincoln Electric (LECO) at 0.78 is near its industry mid-range for debt-to-equity ratio, while Innio (INIO) at 8.53 sits above its benchmark range, pointing to a heavier debt load relative to equity.

Financial Strength Metrics

Dividends

Innio (INIO) 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.

Innio (INIO) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Lincoln Electric (LECO) reports a payout of 30.30%, ranking against industry peers normally.

Dividend Metrics

Valuation

Lincoln Electric (LECO) at 26.40 is near its industry’s usual P/E ratio, while Innio (INIO) at 105.92 sits above its peer range — an unusually expensive price for INIO’s trailing earnings.

On P/S ratio, both Innio (INIO) at 2.94 and Lincoln Electric (LECO) at 3.21 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

Both look rich against book: Lincoln Electric (LECO) at 9.59 sits in the upper P/B ratio quartile, and Innio (INIO) at 30.53 prices even higher, above its industry range.

Valuation Metrics