GGG vs. LECO

Last updated Apr 1, 2026

Compare and contrast key facts about Graco Inc. (GGG) and Lincoln Electric Holdings, Inc. (LECO).

Performance

GGG vs. LECO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Graco Inc. (GGG) and Lincoln Electric Holdings, Inc. (LECO). The values are adjusted to include any dividend payments, if applicable.

GGG vs. LECO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGG Graco Inc.	3.62%	-1.46%	-1.68%	30.62%	-15.48%	12.56%	40.97%	25.94%	-6.34%	65.60%
LECO Lincoln Electric Holdings, Inc.	4.28%	29.63%	-12.55%	52.61%	5.42%	21.89%	22.97%	25.41%	-12.24%	21.37%

Fundamentals

Market Cap GGG : $14.23B LECO : $13.80B
EPS GGG : $3.10 LECO : $9.34
PE Ratio GGG : 27.32 LECO : 26.66
PEG Ratio GGG : 5.36 LECO : 1.16
PS Ratio GGG : 6.37 LECO : 3.28
PB Ratio GGG : 5.36 LECO : 9.39
Total Revenue (TTM) GGG : $2.24B LECO : $4.23B
Gross Profit (TTM) GGG : $1.17B LECO : $1.53B
EBITDA (TTM) GGG : $714.54M LECO : $779.58M

Returns By Period

In the year-to-date period, GGG achieves a 3.62% return, which is significantly lower than LECO's 4.28% return. Over the past 10 years, GGG has underperformed LECO with an annualized return of 12.88%, while LECO has yielded a comparatively higher 17.60% annualized return.

GGG

• 1D: 2.06%
• 1M: -9.87%
• YTD: 3.62%
• 6M: 0.31%
• 1Y: 2.73%
• 3Y*: 6.38%
• 5Y*: 4.31%
• 10Y*: 12.88%

LECO

• 1D: 2.30%
• 1M: -12.95%
• YTD: 4.28%
• 6M: 6.31%
• 1Y: 33.44%
• 3Y*: 15.37%
• 5Y*: 16.75%
• 10Y*: 17.60%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GGG vs. LECO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GGG

GGG Risk / Return Rank: 44
GGG Sharpe Ratio Rank: 47
GGG Sortino Ratio Rank: 38
GGG Omega Ratio Rank: 38
GGG Calmar Ratio Rank: 48
GGG Martin Ratio Rank: 48

LECO

LECO Risk / Return Rank: 76
LECO Sharpe Ratio Rank: 77
LECO Sortino Ratio Rank: 74
LECO Omega Ratio Rank: 71
LECO Calmar Ratio Rank: 75
LECO Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GGG vs. LECO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Graco Inc. (GGG) and Lincoln Electric Holdings, Inc. (LECO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	GGG	LECO	Difference
Sharpe ratio Return per unit of total volatility	0.13	1.10	-0.98
Sortino ratio Return per unit of downside risk	0.33	1.74	-1.41
Omega ratio Gain probability vs. loss probability	1.04	1.22	-0.18
Calmar ratio Return relative to maximum drawdown	0.23	1.82	-1.59
Martin ratio Return relative to average drawdown	0.53	5.85	-5.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGG vs. LECO - Sharpe Ratio Comparison

The current GGG Sharpe Ratio is 0.13, which is lower than the LECO Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of GGG and LECO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GGG	LECO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.13	1.10	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.64	-0.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.65	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.42	+0.02

Correlation

The correlation between GGG and LECO is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

GGG vs. LECO - Dividend Comparison

GGG's dividend yield for the trailing twelve months is around 1.32%, more than LECO's 1.24% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GGG Graco Inc.	1.32%	1.34%	1.21%	1.08%	1.25%	0.93%	0.97%	1.23%	1.27%	1.06%	1.59%	1.67%
LECO Lincoln Electric Holdings, Inc.	1.24%	1.27%	1.54%	1.21%	1.61%	1.50%	1.70%	1.96%	2.08%	1.57%	1.71%	2.29%

Drawdowns

GGG vs. LECO - Drawdown Comparison

The maximum GGG drawdown since its inception was -68.77%, roughly equal to the maximum LECO drawdown of -68.89%. Use the drawdown chart below to compare losses from any high point for GGG and LECO.

Drawdown Indicators

	GGG	LECO	Difference
Max Drawdown Largest peak-to-trough decline	-68.77%	-68.89%	+0.12%
Max Drawdown (1Y) Largest decline over 1 year	-12.55%	-18.27%	+5.72%
Max Drawdown (5Y) Largest decline over 5 years	-28.98%	-34.29%	+5.31%
Max Drawdown (10Y) Largest decline over 10 years	-30.60%	-38.89%	+8.29%
Current Drawdown Current decline from peak	-10.73%	-16.39%	+5.66%
Average Drawdown Average peak-to-trough decline	-12.08%	-13.51%	+1.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.33%	5.67%	-0.34%

Volatility

GGG vs. LECO - Volatility Comparison

The current volatility for Graco Inc. (GGG) is 6.07%, while Lincoln Electric Holdings, Inc. (LECO) has a volatility of 8.15%. This indicates that GGG experiences smaller price fluctuations and is considered to be less risky than LECO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGG	LECO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.07%	8.15%	-2.08%
Volatility (6M) Calculated over the trailing 6-month period	13.44%	19.36%	-5.92%
Volatility (1Y) Calculated over the trailing 1-year period	21.52%	30.43%	-8.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.51%	26.37%	-3.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.75%	27.27%	-2.52%

Financials

GGG vs. LECO - Profitability Comparison

The chart below illustrates the profitability comparison between Graco Inc. and Lincoln Electric Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GGG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Graco Inc. reported a gross profit of 306.70M and revenue of 593.16M. Therefore, the gross margin over that period was 51.7%.

LECO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Lincoln Electric Holdings, Inc. reported a gross profit of 373.95M and revenue of 1.08B. Therefore, the gross margin over that period was 34.7%.

GGG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Graco Inc. reported an operating income of 172.64M and revenue of 593.16M, resulting in an operating margin of 29.1%.

LECO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Lincoln Electric Holdings, Inc. reported an operating income of 184.34M and revenue of 1.08B, resulting in an operating margin of 17.1%.

GGG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Graco Inc. reported a net income of 132.49M and revenue of 593.16M, resulting in a net margin of 22.3%.

LECO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Lincoln Electric Holdings, Inc. reported a net income of 136.02M and revenue of 1.08B, resulting in a net margin of 12.6%.