Seek Returns

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

How do Lincoln Electric (LECO) and RTX (RTX) 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 RTX (RTX) both fall under the Capital Goods industry group, but LECO is classified in Machinery while RTX is classified in Aerospace & Defense.

Company profile comparison for Lincoln Electric (LECO) and RTX (RTX)
Profile ItemLECORTX
NameLincoln Electric Holdings, Inc.RTX Corporation
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryMachineryAerospace & Defense
GICS Sub-IndustryIndustrial Machinery & Supplies & ComponentsAerospace & Defense
Market Capitalization14.91 billion USD255.76 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateApril 7, 1994April 2, 1962
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

LECO
RTX
GSPC
Loading price history…
Lincoln Electric (LECO) vs. RTX (RTX), 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 RTX (RTX). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Lincoln Electric (LECO) and RTX (RTX)
MetricLECORTX
Total Return (1Y)27.30%12.51%
Total Return (3Y, Annualized)17.31%36.20%
Total Return (5Y, Annualized)16.33%19.14%

Risk Profile

Drawdown History

LECO
RTX
GSPC
Loading price history…
Lincoln Electric (LECO) vs. RTX (RTX), 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 RTX (RTX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Lincoln Electric (LECO) and RTX (RTX)
MetricLECORTX
Volatility (1Y, Annualized)31.13%25.84%
Beta (5Y)1.170.30
Max Drawdown (5Y)-34.29%-32.84%
Avg. Volume (3M)409.99K4.59M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
LECO and RTX 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 RTX (RTX)
MetricLECORTX
Sharpe Ratio (1Y)0.740.32
Sortino Ratio (1Y)1.110.48

Profitability

ROE (TTM)

Lincoln Electric (LECO) at 38.75% sits in the top ROE quartile, while RTX (RTX) at 12.85% 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%

RTX

Capital Goods industry group

12.85%

Max
40.55%
Q3
19.29%
RTX
12.85%
Median
12.12%
Q1
4.08%
Min
-17.12%
Loading chart…
Lincoln Electric (LECO) vs. RTX (RTX): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Lincoln Electric (LECO) at 12.40% retains a top-quartile share of revenue as profit, ahead of RTX (RTX) at 8.75%, 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%

RTX

Capital Goods industry group

8.75%

Max
27.47%
Q3
12.10%
RTX
8.75%
Median
6.30%
Q1
1.40%
Min
-12.89%
Loading chart…
Lincoln Electric (LECO) vs. RTX (RTX): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Lincoln Electric (LECO) at 18.29% and RTX (RTX) at 15.54% 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%

RTX

Capital Goods industry group

15.54%

Max
36.60%
Q3
18.33%
RTX
15.54%
Median
11.12%
Q1
5.14%
Min
-12.63%
Loading chart…
Lincoln Electric (LECO) vs. RTX (RTX): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Lincoln Electric (LECO) and RTX (RTX)
MetricLECORTX
ROE (TTM)38.75%12.85%
ROA (TTM)13.32%4.56%
Net Margin (TTM)12.40%8.75%
Operating Margin (TTM)18.29%15.54%
Gross Margin (TTM)35.54%21.10%

Growth

Revenue Growth

Both Lincoln Electric (LECO) at 5.60% and RTX (RTX) at 9.74% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

RTX (RTX) at 39.72% 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 RTX.

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

Growth Metrics

Growth metrics for Lincoln Electric (LECO) and RTX (RTX)
MetricLECORTX
Revenue Growth (YoY)5.60%9.74%
Revenue Growth (3Y CAGR)4.02%9.72%
EPS Growth (YoY)14.36%39.72%
EPS Growth (3Y CAGR)5.05%12.32%

Financial Strength

Current Ratio (MRQ)

Lincoln Electric (LECO) at 1.91 keeps current ratio within its industry’s typical mid-range, while RTX (RTX) at 1.05 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for RTX.

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

RTX

Capital Goods industry group

1.05

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
RTX
1.05
Min
0.36
Loading chart…
Lincoln Electric (LECO) vs. RTX (RTX): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Lincoln Electric (LECO) at 0.78 and RTX (RTX) at 0.55 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

RTX

Capital Goods industry group

0.55

Max
2.33
Q3
1.12
Median
0.60
RTX
0.55
Q1
0.29
Min
0.00
Loading chart…
Lincoln Electric (LECO) vs. RTX (RTX): 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 RTX (RTX)
MetricLECORTX
Current Ratio (MRQ)1.911.05
Debt / Equity (MRQ)0.780.55
Net Debt / EBITDA1.001.75

Dividends

Dividend Yield (TTM)

Both Lincoln Electric (LECO) at 1.16% and RTX (RTX) at 1.47% offer top-quartile dividend income relative to share price within their industries.

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%

RTX

Capital Goods industry group

1.47%

Max
2.66%
RTX
1.47%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
Loading chart…
Lincoln Electric (LECO) vs. RTX (RTX): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both Lincoln Electric (LECO) at 30.30% and RTX (RTX) at 45.85% 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%

RTX

Capital Goods industry group

45.85%

Max
67.39%
RTX
45.85%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%
Loading chart…
Lincoln Electric (LECO) vs. RTX (RTX): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Lincoln Electric (LECO) and RTX (RTX)
MetricLECORTX
Dividend Yield (TTM)1.16%1.47%
Dividend Payout Ratio (TTM)30.30%45.85%

Valuation

P/E Ratio (TTM)

Both Lincoln Electric (LECO) at 26.40 and RTX (RTX) at 30.82 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

RTX

Capital Goods industry group

30.82

Max
59.38
Q3
35.92
RTX
30.82
Median
25.41
Q1
19.47
Min
3.03
Loading chart…
Lincoln Electric (LECO) vs. RTX (RTX): 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 RTX (RTX) at 2.66 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

RTX

Capital Goods industry group

2.66

Max
7.54
Q3
3.76
RTX
2.66
Median
2.15
Q1
1.03
Min
0.03
Loading chart…
Lincoln Electric (LECO) vs. RTX (RTX): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

RTX (RTX) at 3.69 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

RTX

Capital Goods industry group

3.69

Max
9.66
Q3
5.00
RTX
3.69
Median
3.12
Q1
1.81
Min
-1.08
Loading chart…
Lincoln Electric (LECO) vs. RTX (RTX): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Lincoln Electric (LECO) and RTX (RTX)
MetricLECORTX
P/E Ratio (TTM)26.4030.82
P/S Ratio (TTM)3.212.66
P/B Ratio (MRQ)9.593.69
Free Cash Flow Yield (TTM)2.68%3.25%