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LECO vs. MLI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between LECO and MLI is 0.48, 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.


-0.50.00.51.00.5

Performance

LECO vs. MLI - Performance Comparison

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

0.00%20.00%40.00%60.00%AugustSeptemberOctoberNovemberDecember
1.90%
40.10%
LECO
MLI

Key characteristics

Sharpe Ratio

LECO:

-0.45

MLI:

2.05

Sortino Ratio

LECO:

-0.48

MLI:

3.04

Omega Ratio

LECO:

0.94

MLI:

1.37

Calmar Ratio

LECO:

-0.38

MLI:

3.94

Martin Ratio

LECO:

-0.65

MLI:

12.14

Ulcer Index

LECO:

19.31%

MLI:

5.81%

Daily Std Dev

LECO:

28.12%

MLI:

34.43%

Max Drawdown

LECO:

-68.89%

MLI:

-61.71%

Current Drawdown

LECO:

-26.60%

MLI:

-16.55%

Fundamentals

Market Cap

LECO:

$10.71B

MLI:

$9.09B

EPS

LECO:

$8.37

MLI:

$5.14

PE Ratio

LECO:

22.68

MLI:

15.56

PEG Ratio

LECO:

1.78

MLI:

0.00

Total Revenue (TTM)

LECO:

$4.04B

MLI:

$3.58B

Gross Profit (TTM)

LECO:

$1.47B

MLI:

$975.81M

EBITDA (TTM)

LECO:

$759.60M

MLI:

$861.56M

Returns By Period

Over the past 10 years, LECO has underperformed MLI with an annualized return of 12.58%, while MLI has yielded a comparatively higher 19.53% annualized return.


LECO

YTD

0.00%

1M

-13.85%

6M

1.90%

1Y

-12.55%

5Y*

15.79%

10Y*

12.58%

MLI

YTD

0.00%

1M

-1.50%

6M

40.10%

1Y

70.51%

5Y*

40.37%

10Y*

19.53%

*Annualized

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

LECO vs. MLI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Lincoln Electric Holdings, Inc. (LECO) and Mueller Industries, Inc. (MLI). 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.


Sharpe ratio
The chart of Sharpe ratio for LECO, currently valued at -0.45, compared to the broader market-4.00-2.000.002.00-0.452.05
The chart of Sortino ratio for LECO, currently valued at -0.48, compared to the broader market-4.00-2.000.002.004.00-0.483.04
The chart of Omega ratio for LECO, currently valued at 0.94, compared to the broader market0.501.001.502.000.941.37
The chart of Calmar ratio for LECO, currently valued at -0.38, compared to the broader market0.002.004.006.00-0.383.94
The chart of Martin ratio for LECO, currently valued at -0.65, compared to the broader market0.005.0010.0015.0020.0025.00-0.6512.14
LECO
MLI

The current LECO Sharpe Ratio is -0.45, which is lower than the MLI Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of LECO and MLI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00AugustSeptemberOctoberNovemberDecember
-0.45
2.05
LECO
MLI

Dividends

LECO vs. MLI - Dividend Comparison

LECO's dividend yield for the trailing twelve months is around 1.54%, more than MLI's 1.01% yield.


TTM2023202220212020201920182017201620152014
LECO
Lincoln Electric Holdings, Inc.
1.54%1.21%1.61%1.50%1.70%1.96%2.08%1.57%1.71%2.29%1.42%
MLI
Mueller Industries, Inc.
1.01%1.27%2.54%0.88%1.14%1.26%1.71%9.60%0.94%1.11%0.88%

Drawdowns

LECO vs. MLI - Drawdown Comparison

The maximum LECO drawdown since its inception was -68.89%, which is greater than MLI's maximum drawdown of -61.71%. Use the drawdown chart below to compare losses from any high point for LECO and MLI. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember
-26.60%
-16.55%
LECO
MLI

Volatility

LECO vs. MLI - Volatility Comparison

The current volatility for Lincoln Electric Holdings, Inc. (LECO) is 4.96%, while Mueller Industries, Inc. (MLI) has a volatility of 8.80%. This indicates that LECO experiences smaller price fluctuations and is considered to be less risky than MLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%AugustSeptemberOctoberNovemberDecember
4.96%
8.80%
LECO
MLI

Financials

LECO vs. MLI - Financials Comparison

This section allows you to compare key financial metrics between Lincoln Electric Holdings, Inc. and Mueller Industries, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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