Stocks Comparison
Lincoln Electric vs SPX Technologies: revenue, profit, margins and growth compared
Lincoln Electric brought in $4.2B of revenue in fiscal 2025, SPX Technologies $2.3B in fiscal 2025. Revenue changed by +5.6% at Lincoln Electric and +14.2% at SPX Technologies on the year before, so SPX Technologies grew faster. Lincoln Electric kept 12.3% of its revenue as net profit, SPX Technologies 10.8%. Free cash flow was $534.2M at Lincoln Electric and $241.2M at SPX Technologies.
Side by side, latest fiscal year
| LECO | SPXC | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $4.2B | $2.3B |
| Revenue growth | +5.6% | +14.2% |
| Net income | $520.5M | $244M |
| Net margin | 12.3% | 10.8% |
| Free cash flow | $534.2M | $241.2M |
| Free cash flow margin | 12.6% | 10.6% |
| Earnings per share (diluted) | $9.32 | $5.03 |
| Cash | $308.8M | $364M |
| Debt | $1.2B | $3.5M |
| Price to earnings | 29.1 | 34.4 |
| Market value | $14.8B | $8.7B |
| Dividend yield | 1.12% | n/a |
| Rank by revenue in sector | #135 of 451 · Industrials | #209 of 451 · Industrials |
Over the years
Questions about Lincoln Electric and SPX Technologies
Which is bigger by revenue, Lincoln Electric or SPX Technologies?
Lincoln Electric is bigger by revenue: $4.2B in fiscal 2025, against $2.3B for SPX Technologies in fiscal 2025.
Which keeps more of its revenue as profit, Lincoln Electric or SPX Technologies?
Lincoln Electric had a net margin of 12.3% in fiscal 2025; SPX Technologies had 10.8% in fiscal 2025.
Which grew revenue faster, Lincoln Electric or SPX Technologies?
In their latest fiscal years revenue changed by +5.6% at Lincoln Electric and +14.2% at SPX Technologies.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.