LECO vs. RRX: Lincoln Electric vs. Regal Rexnord Stock Comparison
How do Lincoln Electric (LECO) and Regal Rexnord (RRX) 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 Regal Rexnord (RRX) both fall under the Capital Goods industry group, but LECO is classified in Machinery while RRX is classified in Electrical Equipment.
| Profile Item | LECO | RRX |
|---|---|---|
| Name | Lincoln Electric Holdings, Inc. | Regal Rexnord Corporation |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Electrical Equipment |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Electrical Components & Equipment |
| Market Capitalization | 14.91 billion USD | 11.26 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | April 7, 1994 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LECO | RRX |
|---|---|---|
| Total Return (1Y) | 27.30% | 33.67% |
| Total Return (3Y, Annualized) | 17.31% | 20.16% |
| Total Return (5Y, Annualized) | 16.33% | 2.72% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LECO | RRX |
|---|---|---|
| Volatility (1Y, Annualized) | 31.13% | 53.85% |
| Beta (5Y) | 1.17 | 1.04 |
| Max Drawdown (5Y) | -34.29% | -48.11% |
| Avg. Volume (3M) | 409.99K | 1.21M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LECO | RRX |
|---|---|---|
| Sharpe Ratio (1Y) | 0.74 | 0.55 |
| Sortino Ratio (1Y) | 1.11 | 0.79 |
Profitability
ROE (TTM)
Lincoln Electric (LECO) at 38.75% sits in the top ROE quartile, while Regal Rexnord (RRX) at 3.41% is in the bottom quartile, showing a clear gap in returns on equity.
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%
RRX
Capital Goods industry group
3.41%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- RRX
- 3.41%
- Min
- -17.12%
Net Margin (TTM)
Lincoln Electric (LECO) at 12.40% retains a top-quartile share of revenue as profit, ahead of Regal Rexnord (RRX) at 3.77%, which keeps about the industry-typical share.
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%
RRX
Capital Goods industry group
3.77%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- RRX
- 3.77%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Lincoln Electric (LECO) at 18.29% and Regal Rexnord (RRX) at 12.10% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
RRX
Capital Goods industry group
12.10%
- Max
- 36.60%
- Q3
- 18.33%
- RRX
- 12.10%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | LECO | RRX |
|---|---|---|
| ROE (TTM) | 38.75% | 3.41% |
| ROA (TTM) | 13.32% | 3.20% |
| Net Margin (TTM) | 12.40% | 3.77% |
| Operating Margin (TTM) | 18.29% | 12.10% |
| Gross Margin (TTM) | 35.54% | 37.24% |
Growth
Revenue Growth
Lincoln Electric (LECO) at 5.60% is around its peer norm for revenue growth, while Regal Rexnord (RRX) at -1.65% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Regal Rexnord (RRX) at 42.86% 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 RRX.
Growth Metrics
| Metric | LECO | RRX |
|---|---|---|
| Revenue Growth (YoY) | 5.60% | -1.65% |
| Revenue Growth (3Y CAGR) | 4.02% | 4.38% |
| EPS Growth (YoY) | 14.36% | 42.86% |
| EPS Growth (3Y CAGR) | 5.05% | -16.79% |
Financial Strength
Current Ratio (MRQ)
Both Lincoln Electric (LECO) at 1.91 and Regal Rexnord (RRX) at 2.22 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
RRX
Capital Goods industry group
2.22
- Max
- 5.22
- Q3
- 2.95
- RRX
- 2.22
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Both Lincoln Electric (LECO) at 0.78 and Regal Rexnord (RRX) at 0.67 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
RRX
Capital Goods industry group
0.67
- Max
- 2.33
- Q3
- 1.12
- RRX
- 0.67
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | LECO | RRX |
|---|---|---|
| Current Ratio (MRQ) | 1.91 | 2.22 |
| Debt / Equity (MRQ) | 0.78 | 0.67 |
| Net Debt / EBITDA | 1.00 | 3.47 |
Dividends
Dividend Yield (TTM)
Lincoln Electric (LECO) at 1.16% delivers top-quartile income for its industry, while Regal Rexnord (RRX) at 0.87% 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%
RRX
Capital Goods industry group
0.87%
- Max
- 2.66%
- Q3
- 1.14%
- RRX
- 0.87%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Lincoln Electric (LECO) at 30.30% and Regal Rexnord (RRX) at 40.35% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
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%
RRX
Capital Goods industry group
40.35%
- Max
- 67.39%
- RRX
- 40.35%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | LECO | RRX |
|---|---|---|
| Dividend Yield (TTM) | 1.16% | 0.87% |
| Dividend Payout Ratio (TTM) | 30.30% | 40.35% |
Valuation
P/E Ratio (TTM)
Lincoln Electric (LECO) at 26.40 is near its industry’s usual P/E ratio, while Regal Rexnord (RRX) at 48.72 sits in the richer quartile — RRX needs stronger growth or earnings quality to justify the premium.
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
RRX
Capital Goods industry group
48.72
- Max
- 59.38
- RRX
- 48.72
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both Lincoln Electric (LECO) at 3.21 and Regal Rexnord (RRX) at 1.83 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
RRX
Capital Goods industry group
1.83
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- RRX
- 1.83
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Regal Rexnord (RRX) at 1.64 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
RRX
Capital Goods industry group
1.64
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- RRX
- 1.64
- Min
- -1.08
Valuation Metrics
| Metric | LECO | RRX |
|---|---|---|
| P/E Ratio (TTM) | 26.40 | 48.72 |
| P/S Ratio (TTM) | 3.21 | 1.83 |
| P/B Ratio (MRQ) | 9.59 | 1.64 |
| Free Cash Flow Yield (TTM) | 2.68% | 3.88% |