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LECO vs. QXO: Lincoln Electric vs. QXO Stock Comparison

How do Lincoln Electric (LECO) and QXO (QXO) 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 QXO (QXO) both fall under the Capital Goods industry group, but LECO is classified in Machinery while QXO is classified in Trading Companies & Distributors.

Company profile comparison for Lincoln Electric (LECO) and QXO (QXO)
Profile ItemLECOQXO
NameLincoln Electric Holdings, Inc.QXO Inc.
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryMachineryTrading Companies & Distributors
GICS Sub-IndustryIndustrial Machinery & Supplies & ComponentsTrading Companies & Distributors
Market Capitalization14.91 billion USD11.99 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateApril 7, 1994April 17, 2012
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

LECO
QXO
GSPC
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Lincoln Electric (LECO) vs. QXO (QXO), 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

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Trailing total returns for Lincoln Electric (LECO) and QXO (QXO). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Lincoln Electric (LECO) and QXO (QXO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Lincoln Electric (LECO) and QXO (QXO)
MetricLECOQXO
Total Return (1Y)27.30%-19.11%
Total Return (3Y, Annualized)17.31%-16.39%
Total Return (5Y, Annualized)16.33%-17.91%

Risk Profile

Drawdown History

LECO
QXO
GSPC
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Lincoln Electric (LECO) vs. QXO (QXO), 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

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Distribution of monthly total returns for Lincoln Electric (LECO) and QXO (QXO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

QXO (QXO) carries a highly aggressive beta of 2.28, indicating much higher sensitivity to broad-market moves, whereas Lincoln Electric (LECO) is closer to market-like at 1.17 — a noticeable difference in market-sensitivity profile.

QXO (QXO) is heavily traded at around 19.01M shares per day, whereas Lincoln Electric (LECO) sees a more moderate 409.99K — larger orders in the latter may require more patience and tighter control over order sizing.

Risk profile metrics for Lincoln Electric (LECO) and QXO (QXO)
MetricLECOQXO
Volatility (1Y, Annualized)31.13%68.10%
Beta (5Y)1.172.28
Max Drawdown (5Y)-34.29%-95.70%
Avg. Volume (3M)409.99K19.01M

Risk-Adjusted Performance

Risk-Return Positioning

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LECO and QXO 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 QXO (QXO)
MetricLECOQXO
Sharpe Ratio (1Y)0.74-0.34
Sortino Ratio (1Y)1.11-0.55

Profitability

ROE (TTM)

QXO (QXO) reports a negative ROE of -4.60%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Lincoln Electric (LECO) reports 38.75%, ranking against industry peers normally.

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%

QXO

Capital Goods industry group

-4.60%

Max
40.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
QXO
-4.60%
Min
-17.12%
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Lincoln Electric (LECO) vs. QXO (QXO): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

QXO (QXO) reports a negative net margin of -5.17%, usually indicating a net loss over the period. Meanwhile Lincoln Electric (LECO) reports 12.40%, ranking against industry peers normally.

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%

QXO

Capital Goods industry group

-5.17%

Max
27.47%
Q3
12.10%
Median
6.30%
Q1
1.40%
QXO
-5.17%
Min
-12.89%
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Lincoln Electric (LECO) vs. QXO (QXO): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Lincoln Electric (LECO) at 18.29% runs core operations around its industry’s norm, while QXO (QXO) at 1.29% operates in the bottom quartile.

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%

QXO

Capital Goods industry group

1.29%

Max
36.60%
Q3
18.33%
Median
11.12%
Q1
5.14%
QXO
1.29%
Min
-12.63%
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Lincoln Electric (LECO) vs. QXO (QXO): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Lincoln Electric (LECO) and QXO (QXO)
MetricLECOQXO
ROE (TTM)38.75%-4.60%
ROA (TTM)13.32%-0.27%
Net Margin (TTM)12.40%-5.17%
Operating Margin (TTM)18.29%1.29%
Gross Margin (TTM)35.54%24.54%

Growth

Revenue Growth

QXO (QXO) at 11,924.96% clears its industry range for revenue growth, far stronger top-line momentum than Lincoln Electric (LECO) at 5.60%, which is closer to a typical peer reading.

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Lincoln Electric (LECO) vs. QXO (QXO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Lincoln Electric (LECO) at 14.36% is around its peer norm for EPS growth, while QXO (QXO) at -672.73% falls below its industry range, a notably weak earnings reading.

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Lincoln Electric (LECO) vs. QXO (QXO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Lincoln Electric (LECO) and QXO (QXO)
MetricLECOQXO
Revenue Growth (YoY)5.60%11,924.96%
Revenue Growth (3Y CAGR)4.02%433.80%
EPS Growth (YoY)14.36%-672.73%
EPS Growth (3Y CAGR)5.05%--

Financial Strength

Current Ratio (MRQ)

Lincoln Electric (LECO) at 1.91 keeps current ratio within its industry’s typical mid-range, while QXO (QXO) at 4.12 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets 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

QXO

Capital Goods industry group

4.12

Max
5.22
QXO
4.12
Q3
2.95
Median
2.08
Q1
1.43
Min
0.36
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Lincoln Electric (LECO) vs. QXO (QXO): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Lincoln Electric (LECO) at 0.78 and QXO (QXO) 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

QXO

Capital Goods industry group

0.57

Max
2.33
Q3
1.12
Median
0.60
QXO
0.57
Q1
0.29
Min
0.00
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Lincoln Electric (LECO) vs. QXO (QXO): 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 QXO (QXO)
MetricLECOQXO
Current Ratio (MRQ)1.914.12
Debt / Equity (MRQ)0.780.57
Net Debt / EBITDA1.007.20

Dividends

Dividend Yield (TTM)

QXO (QXO) 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.

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%

QXO

Capital Goods industry group

0.00%

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

Dividend Payout Ratio (TTM)

QXO (QXO) 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.

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%

QXO

Capital Goods industry group

0.00%

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

Dividend Metrics

Dividend metrics for Lincoln Electric (LECO) and QXO (QXO)
MetricLECOQXO
Dividend Yield (TTM)1.16%0.00%
Dividend Payout Ratio (TTM)30.30%0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Lincoln Electric (LECO) trades at 26.40 times trailing earnings, ranked against its peers, while QXO (QXO) has no P/E ratio this period.

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

QXO

Capital Goods industry group

--

Max
59.38
Q3
35.92
Median
25.41
Q1
19.47
Min
3.03
QXO
--
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Lincoln Electric (LECO) vs. QXO (QXO): QXO does not report P/E ratio, so it has no value marker; LECO is benchmarked against the Capital Goods industry group.

P/S Ratio (TTM)

On P/S ratio, both Lincoln Electric (LECO) at 3.21 and QXO (QXO) at 1.21 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

QXO

Capital Goods industry group

1.21

Max
7.54
Q3
3.76
Median
2.15
QXO
1.21
Q1
1.03
Min
0.03
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Lincoln Electric (LECO) vs. QXO (QXO): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

QXO (QXO) at 0.90 looks cheap against book in the lower P/B ratio quartile, while Lincoln Electric (LECO) at 9.59 carries a premium in the upper quartile — a clear price-to-book gap.

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

QXO

Capital Goods industry group

0.90

Max
9.66
Q3
5.00
Median
3.12
Q1
1.81
QXO
0.90
Min
-1.08
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Lincoln Electric (LECO) vs. QXO (QXO): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Lincoln Electric (LECO) and QXO (QXO)
MetricLECOQXO
P/E Ratio (TTM)26.40--
P/S Ratio (TTM)3.211.21
P/B Ratio (MRQ)9.590.90
Free Cash Flow Yield (TTM)2.68%-21.23%