ITT vs. LECO
ITT (ITT Inc.) and LECO (Lincoln Electric Holdings, Inc.) are both stocks. Both are in the Industrials sector — ITT in Specialty Industrial Machinery, LECO in Tools & Accessories. Over the past 10 years, ITT returned 21.05%/yr vs 18.93%/yr for LECO. A 0.50 correlation means they provide meaningful diversification when combined.
Performance
ITT vs. LECO - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with ITT having a 15.29% return and LECO slightly lower at 15.02%. Over the past 10 years, ITT has outperformed LECO with an annualized return of 21.05%, while LECO has yielded a comparatively lower 18.93% annualized return.
ITT
- 1D
- 1.23%
- 1M
- 2.37%
- YTD
- 15.29%
- 6M
- 12.81%
- 1Y
- 33.17%
- 3Y*
- 33.00%
- 5Y*
- 18.75%
- 10Y*
- 21.05%
LECO
- 1D
- -0.17%
- 1M
- 4.30%
- YTD
- 15.02%
- 6M
- 13.12%
- 1Y
- 38.38%
- 3Y*
- 14.74%
- 5Y*
- 17.90%
- 10Y*
- 18.93%
ITT vs. LECO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ITT ITT Inc. | 15.29% | 22.52% | 20.86% | 48.91% | -19.50% | 33.95% | 5.47% | 54.60% | -8.66% | 40.06% |
LECO Lincoln Electric Holdings, Inc. | 15.02% | 29.63% | -12.55% | 52.61% | 5.42% | 21.89% | 22.97% | 25.41% | -12.24% | 21.37% |
Correlation
The correlation between ITT and LECO is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 1995 | 0.50 |
The correlation between ITT and LECO shifts across timeframes, from 0.50 (all time) to 0.71 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ITT:
$17.49B
LECO:
$15.20B
ITT:
$5.58
LECO:
$9.68
ITT:
35.72
LECO:
28.38
ITT:
2.51
LECO:
1.23
ITT:
3.86
LECO:
3.51
ITT:
3.69
LECO:
10.06
ITT:
$4.24B
LECO:
$4.35B
ITT:
$1.50B
LECO:
$1.57B
ITT:
$793.20M
LECO:
$807.88M
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Return for Risk
ITT vs. LECO — Risk / Return Rank
ITT
LECO
ITT vs. LECO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ITT Inc. (ITT) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ITT | LECO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.25 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | 1.92 | +0.07 |
| Martin ratioReturn relative to average drawdown | 4.93 | 4.97 | -0.04 |
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Drawdowns
ITT vs. LECO - Drawdown Comparison
The maximum ITT drawdown since its inception was -74.46%, which is greater than LECO's maximum drawdown of -68.89%. Use the drawdown chart below to compare losses from any high point for ITT and LECO.
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Drawdown Indicators
| ITT | LECO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.46% | -68.89% | -5.57% |
Max Drawdown (1Y)Largest decline over 1 year | -16.73% | -20.09% | +3.36% |
Max Drawdown (3Y)Largest decline over 3 years | -29.09% | -34.29% | +5.20% |
Max Drawdown (5Y)Largest decline over 5 years | -37.97% | -34.29% | -3.68% |
Max Drawdown (10Y)Largest decline over 10 years | -49.52% | -38.89% | -10.63% |
Current DrawdownCurrent decline from peak | -9.95% | -7.78% | -2.17% |
Average DrawdownAverage peak-to-trough decline | -18.95% | -13.51% | -5.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.74% | 7.74% | -1.00% |
Volatility
ITT vs. LECO - Volatility Comparison
ITT Inc. (ITT) and Lincoln Electric Holdings, Inc. (LECO) have volatilities of 9.11% and 8.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ITT | LECO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.11% | 8.88% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 22.53% | 20.50% | +2.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.38% | 27.36% | +3.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.20% | 26.69% | +2.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.95% | 27.48% | +4.47% |
Dividends
ITT vs. LECO - Dividend Comparison
ITT's dividend yield for the trailing twelve months is around 0.74%, less than LECO's 1.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITT ITT Inc. | 0.74% | 0.81% | 0.89% | 0.97% | 1.30% | 0.86% | 0.88% | 0.80% | 1.11% | 0.96% | 1.29% | 1.30% |
LECO Lincoln Electric Holdings, Inc. | 1.12% | 1.27% | 1.54% | 1.21% | 1.61% | 1.50% | 1.70% | 1.96% | 2.08% | 1.57% | 1.71% | 2.29% |
Financials
ITT vs. LECO - Financials Comparison
This section allows you to compare key financial metrics between ITT Inc. and Lincoln Electric Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ITT vs. LECO - Profitability Comparison
ITT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ITT Inc. reported a gross profit of 428.80M and revenue of 1.21B. Therefore, the gross margin over that period was 35.4%.
LECO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lincoln Electric Holdings, Inc. reported a gross profit of 399.13M and revenue of 1.12B. Therefore, the gross margin over that period was 35.6%.
ITT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ITT Inc. reported an operating income of 141.20M and revenue of 1.21B, resulting in an operating margin of 11.7%.
LECO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lincoln Electric Holdings, Inc. reported an operating income of 186.16M and revenue of 1.12B, resulting in an operating margin of 16.6%.
ITT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ITT Inc. reported a net income of 78.00M and revenue of 1.21B, resulting in a net margin of 6.4%.
LECO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lincoln Electric Holdings, Inc. reported a net income of 136.38M and revenue of 1.12B, resulting in a net margin of 12.2%.
Frequently Asked Questions
ITT and LECO have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ITT has higher volatility (9.11%) compared to LECO (8.88%). In terms of maximum drawdown, ITT dropped -74.46% vs LECO's -68.89%.
LECO currently has the higher Sharpe Ratio (1.41 vs 1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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