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LECO vs. MLI

Last updated Mar 1, 2024

Compare and contrast key facts about Lincoln Electric Holdings, Inc. (LECO) and Mueller Industries, Inc. (MLI).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LECO or MLI.

Key characteristics


LECOMLI
YTD Return18.00%8.97%
1Y Return53.78%42.74%
3Y Return (Ann)30.79%38.61%
5Y Return (Ann)26.60%29.14%
10Y Return (Ann)15.32%17.70%
Sharpe Ratio2.251.45
Daily Std Dev24.44%29.62%
Max Drawdown-68.89%-61.71%
Current Drawdown0.00%0.00%

Fundamentals


LECOMLI
Market Cap$14.68B$5.78B
EPS$9.36$5.30
PE Ratio27.419.60
PEG Ratio2.250.00
Revenue (TTM)$4.19B$3.42B
Gross Profit (TTM)$1.28B$1.12B
EBITDA (TTM)$789.48M$779.53M

Correlation

0.48
-1.001.00

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.

LECO vs. MLI - Performance Comparison

In the year-to-date period, LECO achieves a 18.00% return, which is significantly higher than MLI's 8.97% return. Over the past 10 years, LECO has underperformed MLI with an annualized return of 15.32%, while MLI has yielded a comparatively higher 17.70% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


3,500.00%4,000.00%4,500.00%5,000.00%5,500.00%6,000.00%OctoberNovemberDecember2024February
5,580.51%
5,953.96%
LECO
MLI

Compare stocks, funds, or ETFs


Lincoln Electric Holdings, Inc.

Mueller Industries, Inc.

LECO vs. MLI - Dividend Comparison

LECO's dividend yield for the trailing twelve months is around 1.02%, less than MLI's 1.17% yield.


TTM20232022202120202019201820172016201520142013
LECO
Lincoln Electric Holdings, Inc.
1.02%1.21%1.61%1.50%1.70%1.96%2.08%1.57%1.71%2.29%1.42%1.16%
MLI
Mueller Industries, Inc.
1.17%1.27%2.54%0.88%1.14%1.26%1.71%9.57%0.87%1.02%0.81%0.73%

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
LECO
Lincoln Electric Holdings, Inc.
2.25
MLI
Mueller Industries, Inc.
1.45

LECO vs. MLI - Sharpe Ratio Comparison

The current LECO Sharpe Ratio is 2.25, which is higher than the MLI Sharpe Ratio of 1.45. The chart below compares the 12-month rolling Sharpe Ratio of LECO and MLI.


Rolling 12-month Sharpe Ratio0.501.001.502.00OctoberNovemberDecember2024February
2.25
1.45
LECO
MLI

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%. The drawdown chart below compares losses from any high point along the way for LECO and MLI


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024February00
LECO
MLI

LECO vs. MLI - Volatility Comparison

The current volatility for Lincoln Electric Holdings, Inc. (LECO) is 9.05%, while Mueller Industries, Inc. (MLI) has a volatility of 10.09%. 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.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%OctoberNovemberDecember2024February
9.05%
10.09%
LECO
MLI