RBC vs. LECO
RBC (RBC Bearings Incorporated) and LECO (Lincoln Electric Holdings, Inc.) are both stocks. Both operate in the Tools & Accessories industry within the Industrials sector. Over the past 10 years, RBC returned 23.49%/yr vs 17.91%/yr for LECO. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
RBC vs. LECO - Performance Comparison
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Returns By Period
In the year-to-date period, RBC achieves a 30.27% return, which is significantly higher than LECO's 10.03% return. Over the past 10 years, RBC has outperformed LECO with an annualized return of 23.49%, while LECO has yielded a comparatively lower 17.91% annualized return.
RBC
- 1D
- 1.01%
- 1M
- -1.51%
- YTD
- 30.27%
- 6M
- 33.33%
- 1Y
- 56.02%
- 3Y*
- 41.03%
- 5Y*
- 25.00%
- 10Y*
- 23.49%
LECO
- 1D
- 3.36%
- 1M
- 0.29%
- YTD
- 10.03%
- 6M
- 9.78%
- 1Y
- 36.88%
- 3Y*
- 14.65%
- 5Y*
- 16.71%
- 10Y*
- 17.91%
RBC vs. LECO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RBC RBC Bearings Incorporated | 30.27% | 49.91% | 5.00% | 36.08% | 4.19% | 17.32% | 14.10% | 21.72% | 3.72% | 36.19% |
LECO Lincoln Electric Holdings, Inc. | 10.03% | 29.63% | -12.55% | 52.61% | 5.42% | 21.89% | 22.97% | 25.41% | -12.24% | 21.37% |
Correlation
The correlation between RBC and LECO is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2005 | 0.57 |
The correlation between RBC and LECO has been stable across timeframes, ranging from 0.54 to 0.58 - a consistent structural relationship.
Fundamentals
RBC:
$18.52B
LECO:
$14.54B
RBC:
$9.09
LECO:
$9.68
RBC:
64.23
LECO:
27.15
RBC:
0.91
LECO:
1.18
RBC:
9.87
LECO:
3.36
RBC:
5.51
LECO:
9.62
RBC:
$1.87B
LECO:
$4.35B
RBC:
$830.20M
LECO:
$1.57B
RBC:
$510.20M
LECO:
$807.88M
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Return for Risk
RBC vs. LECO — Risk / Return Rank
RBC
LECO
RBC vs. LECO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RBC Bearings Incorporated (RBC) 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.
| RBC | LECO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.25 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.87 | 1.84 | +3.02 |
| Martin ratioReturn relative to average drawdown | 13.33 | 5.04 | +8.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RBC | LECO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.20 | 1.39 | +0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.63 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.66 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.42 | +0.09 |
Drawdowns
RBC vs. LECO - Drawdown Comparison
The maximum RBC drawdown since its inception was -71.79%, roughly equal to the maximum LECO drawdown of -68.89%. Use the drawdown chart below to compare losses from any high point for RBC and LECO.
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Drawdown Indicators
| RBC | LECO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.79% | -68.89% | -2.90% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -20.09% | +8.53% |
Max Drawdown (3Y)Largest decline over 3 years | -17.81% | -34.29% | +16.48% |
Max Drawdown (5Y)Largest decline over 5 years | -35.26% | -34.29% | -0.97% |
Max Drawdown (10Y)Largest decline over 10 years | -55.06% | -38.89% | -16.17% |
Current DrawdownCurrent decline from peak | -6.26% | -11.78% | +5.52% |
Average DrawdownAverage peak-to-trough decline | -12.75% | -13.51% | +0.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.22% | 7.34% | -3.12% |
Volatility
RBC vs. LECO - Volatility Comparison
RBC Bearings Incorporated (RBC) has a higher volatility of 11.23% compared to Lincoln Electric Holdings, Inc. (LECO) at 7.92%. This indicates that RBC's price experiences larger fluctuations and is considered to be riskier than LECO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RBC | LECO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.23% | 7.92% | +3.31% |
Volatility (6M)Calculated over the trailing 6-month period | 19.71% | 20.00% | -0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.59% | 26.67% | -1.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.50% | 26.58% | +4.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.61% | 27.40% | +10.21% |
Dividends
RBC vs. LECO - Dividend Comparison
RBC has not paid dividends to shareholders, while LECO's dividend yield for the trailing twelve months is around 1.17%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LECO Lincoln Electric Holdings, Inc. | 1.17% | 1.27% | 1.54% | 1.21% | 1.61% | 1.50% | 1.70% | 1.96% | 2.08% | 1.57% | 1.71% | 2.29% |
RBC RBC Bearings Incorporated | 0.00% | 0.00% | 0.00% | 0.00% | 0.49% | 4.10% | 0.67% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
RBC vs. LECO - Financials Comparison
This section allows you to compare key financial metrics between RBC Bearings Incorporated 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
RBC vs. LECO - Profitability Comparison
RBC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, RBC Bearings Incorporated reported a gross profit of 251.00M and revenue of 518.00M. Therefore, the gross margin over that period was 48.5%.
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%.
RBC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, RBC Bearings Incorporated reported an operating income of 116.60M and revenue of 518.00M, resulting in an operating margin of 22.5%.
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%.
RBC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, RBC Bearings Incorporated reported a net income of 91.70M and revenue of 518.00M, resulting in a net margin of 17.7%.
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
RBC and LECO have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RBC has higher volatility (11.23%) compared to LECO (7.92%). In terms of maximum drawdown, RBC dropped -71.79% vs LECO's -68.89%.
RBC currently has the higher Sharpe Ratio (2.20 vs 1.39), 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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