Seek Returns

LECO vs. NVT: Lincoln Electric vs. nVent Electric Stock Comparison

How do Lincoln Electric (LECO) and nVent Electric (NVT) 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

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

Company profile comparison for Lincoln Electric (LECO) and nVent Electric (NVT)
Profile ItemLECONVT
NameLincoln Electric Holdings, Inc.nVent Electric plc
Country/RegionUnited StatesUnited Kingdom
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryMachineryElectrical Equipment
GICS Sub-IndustryIndustrial Machinery & Supplies & ComponentsElectrical Components & Equipment
Market Capitalization14.91 billion USD17.16 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateApril 7, 1994April 24, 2018
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

LECO
NVT
GSPC
Loading price history…
Lincoln Electric (LECO) vs. nVent Electric (NVT), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Lincoln Electric (LECO) and nVent Electric (NVT). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Lincoln Electric (LECO) and nVent Electric (NVT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Lincoln Electric (LECO) and nVent Electric (NVT)
MetricLECONVT
Total Return (1Y)27.30%2.86%
Total Return (3Y, Annualized)17.31%32.72%
Total Return (5Y, Annualized)16.33%26.96%

Risk Profile

Drawdown History

LECO
NVT
GSPC
Loading price history…
Lincoln Electric (LECO) vs. nVent Electric (NVT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Lincoln Electric (LECO) and nVent Electric (NVT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Lincoln Electric (LECO) and nVent Electric (NVT)
MetricLECONVT
Volatility (1Y, Annualized)31.13%53.94%
Beta (5Y)1.171.41
Max Drawdown (5Y)-34.29%-46.67%
Avg. Volume (3M)409.99K2.54M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
LECO and NVT are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Lincoln Electric (LECO) and nVent Electric (NVT)
MetricLECONVT
Sharpe Ratio (1Y)0.74-0.03
Sortino Ratio (1Y)1.11-0.03

Profitability

ROE (TTM)

Lincoln Electric (LECO) at 38.75% sits in the top ROE quartile, while nVent Electric (NVT) at 17.42% is closer to the peer norm — stronger capital efficiency for LECO.

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%

NVT

Capital Goods industry group

17.42%

Max
40.55%
Q3
19.29%
NVT
17.42%
Median
12.12%
Q1
4.08%
Min
-17.12%
Loading chart…
Lincoln Electric (LECO) vs. nVent Electric (NVT): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Lincoln Electric (LECO) at 12.40% and nVent Electric (NVT) at 12.83% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

NVT

Capital Goods industry group

12.83%

Max
27.47%
NVT
12.83%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
Loading chart…
Lincoln Electric (LECO) vs. nVent Electric (NVT): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

nVent Electric (NVT) at 18.75% operates in the top operating margin quartile, ahead of Lincoln Electric (LECO) at 18.29%, which runs around its industry’s norm.

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%

NVT

Capital Goods industry group

18.75%

Max
36.60%
NVT
18.75%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
Loading chart…
Lincoln Electric (LECO) vs. nVent Electric (NVT): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Lincoln Electric (LECO) and nVent Electric (NVT)
MetricLECONVT
ROE (TTM)38.75%17.42%
ROA (TTM)13.32%7.88%
Net Margin (TTM)12.40%12.83%
Operating Margin (TTM)18.29%18.75%
Gross Margin (TTM)35.54%36.17%

Growth

Revenue Growth

nVent Electric (NVT) at 29.51% 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 NVT.

Loading chart…
Lincoln Electric (LECO) vs. nVent Electric (NVT): A comparison of their Revenue Growth across different time periods.

EPS Growth

nVent Electric (NVT) at 118.78% clears its industry range for EPS growth, a much stronger earnings trajectory than Lincoln Electric (LECO) at 14.36%, which is closer to a typical peer reading.

Loading chart…
Lincoln Electric (LECO) vs. nVent Electric (NVT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Lincoln Electric (LECO) and nVent Electric (NVT)
MetricLECONVT
Revenue Growth (YoY)5.60%29.51%
Revenue Growth (3Y CAGR)4.02%19.26%
EPS Growth (YoY)14.36%118.78%
EPS Growth (3Y CAGR)5.05%21.89%

Financial Strength

Current Ratio (MRQ)

Both Lincoln Electric (LECO) at 1.91 and nVent Electric (NVT) at 2.40 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

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

NVT

Capital Goods industry group

2.40

Max
5.22
Q3
2.95
NVT
2.40
Median
2.08
Q1
1.43
Min
0.36
Loading chart…
Lincoln Electric (LECO) vs. nVent Electric (NVT): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Lincoln Electric (LECO) at 0.78 and nVent Electric (NVT) at 0.57 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

NVT

Capital Goods industry group

0.57

Max
2.33
Q3
1.12
Median
0.60
NVT
0.57
Q1
0.29
Min
0.00
Loading chart…
Lincoln Electric (LECO) vs. nVent Electric (NVT): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Lincoln Electric (LECO) and nVent Electric (NVT)
MetricLECONVT
Current Ratio (MRQ)1.912.40
Debt / Equity (MRQ)0.780.57
Net Debt / EBITDA1.001.05

Dividends

Dividend Yield (TTM)

Lincoln Electric (LECO) at 1.16% delivers top-quartile income for its industry, while nVent Electric (NVT) at 0.84% pays a more typical yield — both are credible income propositions, LECO the richer one.

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%

NVT

Capital Goods industry group

0.84%

Max
2.66%
Q3
1.14%
NVT
0.84%
Median
0.24%
Q1
0.00%
Min
0.00%
Loading chart…
Lincoln Electric (LECO) vs. nVent Electric (NVT): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

nVent Electric (NVT) at 20.15% pays out a band-typical share of earnings, while Lincoln Electric (LECO) at 30.30% distributes more than its industry norm — less retained, thinner cover.

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%

NVT

Capital Goods industry group

20.15%

Max
67.39%
Q3
28.02%
NVT
20.15%
Median
6.86%
Q1
0.00%
Min
0.00%
Loading chart…
Lincoln Electric (LECO) vs. nVent Electric (NVT): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Lincoln Electric (LECO) and nVent Electric (NVT)
MetricLECONVT
Dividend Yield (TTM)1.16%0.84%
Dividend Payout Ratio (TTM)30.30%20.15%

Valuation

P/E Ratio (TTM)

Both Lincoln Electric (LECO) at 26.40 and nVent Electric (NVT) at 25.78 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

NVT

Capital Goods industry group

25.78

Max
59.38
Q3
35.92
NVT
25.78
Median
25.41
Q1
19.47
Min
3.03
Loading chart…
Lincoln Electric (LECO) vs. nVent Electric (NVT): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Lincoln Electric (LECO) at 3.21 and nVent Electric (NVT) at 3.24 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

NVT

Capital Goods industry group

3.24

Max
7.54
Q3
3.76
NVT
3.24
Median
2.15
Q1
1.03
Min
0.03
Loading chart…
Lincoln Electric (LECO) vs. nVent Electric (NVT): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

nVent Electric (NVT) at 4.17 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.

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

NVT

Capital Goods industry group

4.17

Max
9.66
Q3
5.00
NVT
4.17
Median
3.12
Q1
1.81
Min
-1.08
Loading chart…
Lincoln Electric (LECO) vs. nVent Electric (NVT): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Lincoln Electric (LECO) and nVent Electric (NVT)
MetricLECONVT
P/E Ratio (TTM)26.4025.78
P/S Ratio (TTM)3.213.24
P/B Ratio (MRQ)9.594.17
Free Cash Flow Yield (TTM)2.68%2.93%