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.
| Profile Item | LECO | QXO |
|---|---|---|
| Name | Lincoln Electric Holdings, Inc. | QXO Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Trading Companies & Distributors |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Trading Companies & Distributors |
| Market Capitalization | 14.91 billion USD | 11.99 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | April 7, 1994 | April 17, 2012 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LECO | QXO |
|---|---|---|
| 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
Return Distribution
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.
| Metric | LECO | QXO |
|---|---|---|
| Volatility (1Y, Annualized) | 31.13% | 68.10% |
| Beta (5Y) | 1.17 | 2.28 |
| Max Drawdown (5Y) | -34.29% | -95.70% |
| Avg. Volume (3M) | 409.99K | 19.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LECO | QXO |
|---|---|---|
| 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%
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%
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%
Profitability Metrics
| Metric | LECO | QXO |
|---|---|---|
| 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.
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.
Growth Metrics
| Metric | LECO | QXO |
|---|---|---|
| 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
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
Financial Strength Metrics
| Metric | LECO | QXO |
|---|---|---|
| Current Ratio (MRQ) | 1.91 | 4.12 |
| Debt / Equity (MRQ) | 0.78 | 0.57 |
| Net Debt / EBITDA | 1.00 | 7.20 |
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%
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%
Dividend Metrics
| Metric | LECO | QXO |
|---|---|---|
| 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
- --
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
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
Valuation Metrics
| Metric | LECO | QXO |
|---|---|---|
| P/E Ratio (TTM) | 26.40 | -- |
| P/S Ratio (TTM) | 3.21 | 1.21 |
| P/B Ratio (MRQ) | 9.59 | 0.90 |
| Free Cash Flow Yield (TTM) | 2.68% | -21.23% |