On this page of Benford's Law Stocks.com we present our study of LINCOLN ELECTRIC HOLDINGS INC — ticker symbol LECO. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 7/27/2020 to 4/30/2025 for LINCOLN ELECTRIC HOLDINGS INC under CIK number 0000059527. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for LECO, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for LINCOLN ELECTRIC HOLDINGS INC based on the past LECO filings our system processed in the past.
32.5
18.7
15.0
7.6
8.2
4.5
4.3
5.0
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, LECO stockholder letter ]
Total numbers found: 621
Recent share count: 56,029,920 (5's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
621
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 6 numbers to move any given column by a full percentage point.
96

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was below the company's typical historical range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 5, we canceled the penalty multiplier.
 • We deducted point upon observing the 6's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 6's percentage was below the company's typical historical range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
Benford's Law Stocks Indicator
LECO
High score compared to other filers, with LECO falling in the highest 10% of filers.
ICCH
ITRI
MESA
NBTB
IMMR
LCNB
LITE
MYRG
Check our work! We provide our LINCOLN ELECTRIC HOLDINGS INC Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the LECO filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 202 numbers that start with the digit 1. Here they are:
1,004,388
196,665
198,747
164,918
165,047
12,127
153,235
158,530
118,487
123,415
118,487
123,415
1,285
13,395
147,710
113,808
15,112
12,674
1,729,627
1,645,281
109,620
110,524
113,767
104,374
1,150,473
1,150,551
164,577
163,356
1,340,170
1,327,433
1,327,433
118,487
118,487
1,285
1,285
157
13,105
1,501
14,606
106,694
106,694
1,405
1,340,170
1,308,852
123,415
123,415
13,395
13,395
110,405
110,405
1,782
1,307,828
118,487
123,415
14,190
185,693
133,294
169
169
106,694
110,405
144,488
125,400
1,459
17,443
18,809
1,004,388
10
118,487
123,415
100
109,993
100
100
108,844
1,762
132,220
1,004,388
136,204
1,004,388
163,442
1,012
143,716
14,079
1,440
122,063
165,362
1,412
178
124,198
1,650
169,889
14,382
153,235
1,093,775
1,575
16,114
121,337
124,430
175,047
105
129,372
15,358
11,945
136,100
18,342
11,840
167,309
1,536
1,762
136,100
19,878
10,078
173,676
12,000
158,530
14,086
1,552
178
1,536
1,762
1,552
178
1,536
14,146
14,146
10,413
1,552
178
1,070
17,255
1,048
1,148
1,285
1,604
1,285
18,084
16,536
1,996
13,395
13,395
1,923
162,629
153,596
120,963
123,406
122,394
120,633
12,833
13,110
12,241
12,499
11,576
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
10
1,250,009
1,250,010
100,004
100,004
1,150,473
1,150,551
10,520
100,004
100,004
109,620
110,524
1,260,093
1,261,075
1
1.10
1.10
1.60
1,200,149
1,184,313
1,250,477
1,250,555
153,235
1,131
1,663
10,276
1,330
1,560
10,631
13,499
1,615
17,690
18,067
13,583
10,276
10,276
13,499
We found 116 numbers that start with the digit 2. Here they are:
2,262
2.11
2.17
2.10
2.14
29,679
29,223
237,872
242,003
296,590
2,284,904
2,192,709
240,000,000
270,912
2,942,046
2,942,046
29,679
29,679
2,217
270,912
229,847
2,682,554
2,101
239,454
2,789,312
23,784
21,586
282
20,167
2,057
21,206
26,949
26,256
22,303
25,940
2,016
24,438
2.11
2.17
2.10
2.14
21,704
25,147
219,061
225,893
265,779
200,086
21,600
24,151
2,452
2,135
23,012
24,329
2,255
2,445,066
21,766
26,949
2,663
23,784
235,761
29,978
244,169
265,472
201,090
24,707
27,776
2,354,812
21,853
26,256
2,426
239
21,586
2,135
2,135
2,974
2,135
29,679
29,679
29,223
2,333
286,663
270,912
244,387
229,847
20,251
257,782
239,454
290,737
267,035
2,552
254
2.75
2,718
2,810
2.5
22.7
22.2
25,852
2,972
2,024
20,403
232
2
2,024
2,024
23,691
23,691
25,715
23,691
2,024
2,152
2,152
27,059
27,059
27,059
29,164
We found 93 numbers that start with the digit 3. Here they are:
365,448
368,399
3,865
34,748
35,115
3,715
394,705
377,262
3,625,074
3,520,142
365,267
381,200
367,314
3,993,016
300,135
3,047,239
3,625,074
3,520,142
3,993,016
300,135
3,047,239
3,688,038
3,715
3,715
397
34,981
3,647
38,628
3,883
3,766,297
34,108
3,331
3,957
3,865
316
377,262
393,787
394,705
374,978
35
30,372
3,984
38,230
365,448
388,804
302,571
3,625,074
3,608
371
3,093
388,605
33,700
368,399
3,069
3,221
353,485
315,901
3,379,717
3,423
3,069
3,069
3,865
388
316,342
300,135
30,827
319
3,715
35
39,445
3,546
3.7
3.15
3.35
3.61
3.03
3.27
3.52
3,186
3,355
300,000
3.5
31,457
34,748
354,894
319,450
380,684
394
394
361
3,223
3,223
33,938
4's 5's 6's
We found 47 numbers that start with the digit 4. Here they are:
4,605
444
481,979
445,591
450,753
4,067,213
42,755,150
42,370,215
42,073
42,073
4,067,213
41,273
41,273
466
4,646
42,975
41,280
483,785
453,459
44,822
469
43,000
42,352
41,188
41,188
417,700
40,176
40,851
4,527
4,527
41,479
41,479
41,584
44,415
4,528
42,124
4,049
4.02
400,000
400,000
44.8
47.8
4.08
4,391
421,754
4,251
40,558
We found 51 numbers that start with the digit 5. Here they are:
55,826,284
522,721
574,329
544,037
55,826,284
56,211,219
581,250
566,740
56,211
566,740
542
55,826
581,250
56,977
523,357
56,908
560,439
5,838
5,104
520,603
527,738
59,324
57,960
56,058
56,865
56,527
57,641
5,378
5,313
5,628
574,329
544,037
51,324
54,276
52,278
55,234
5,890
5,411
59,761
52,278
50,000
50,000
50,000
50,000
5.55
5.62
5.74
53,356
53,356
55,425
55,425
We found 28 numbers that start with the digit 6. Here they are:
638,940
612,798
636,158
619,181
64
64,884
6,754
6,254
63,473
653,107
6,832
683,479
638,940
62,451
624,099
654,077
612,798
69,122
6,367
6,367
6,693
6,140
6,161
689
63,987
63,987
62,648
62,648
7's 8's 9's
We found 27 numbers that start with the digit 7. Here they are:
75
71
73
75
73
73
71
7,348
763
776
7,598
7,562
746
7,598
73
740
73
7,483
75,000
75,000
75,000
75,000
7.97
7,223
713
7,223
7,223
We found 31 numbers that start with the digit 8. Here they are:
8,779
829
884,856
865,634
813,698
804,927
878,802
829
829
812
8,352
8,121
87,263
81,781
802
802
8,408
802
829
8,867
813
8,125
88,276
822
8,479
893
8,333
812
839
8,479
8,479
We found 26 numbers that start with the digit 9. Here they are:
981,197
9,607
969,854
98,581,434
9,858
9,858
9,858
9,858
9,858
9,858
9,603
9,416
904
981,197
97,974
981,197
981,197
90,730
987,321
980
956
9,607
9,909
9
9,616
96,444
While the above LECO 10Q Filed 4/30/2025 is interesting in isolation, we have found that it is also useful to take a look at older LINCOLN ELECTRIC HOLDINGS INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 4/30/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical LECO 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

32.5
18.7
15.0
7.6
8.2
4.5
4.3
5.0
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 621

= Typical LECO range from 7/27/2020 to 4/30/2025
27.9
21.5
14.0
8.7
10.9
5.4
5.4
3.0
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 778

= Typical LECO range from 7/27/2020 to 4/30/2025
27.6
17.1
16.8
8.4
9.4
5.8
4.2
4.7
6.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 859

= Typical LECO range from 7/27/2020 to 4/30/2025
28.2
18.0
12.4
11.0
8.9
5.9
4.8
6.0
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 1,423

= Typical LECO range from 7/27/2020 to 4/30/2025
28.2
16.1
11.9
11.9
9.6
5.5
7.4
4.0
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 595

= Typical LECO range from 7/27/2020 to 4/30/2025
26.0
18.7
11.8
11.0
8.7
5.7
6.2
6.6
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 893

= Typical LECO range from 7/27/2020 to 4/30/2025
25.9
19.6
12.7
8.5
7.2
9.2
6.9
5.7
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 955

= Typical LECO range from 7/27/2020 to 4/30/2025
28.4
16.2
11.7
12.4
10.6
5.5
5.4
5.1
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 1,431

= Typical LECO range from 7/27/2020 to 4/30/2025
32.6
16.9
14.4
8.6
11.1
4.1
3.8
3.0
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 533

= Typical LECO range from 7/27/2020 to 4/30/2025
29.2
19.0
15.0
9.3
8.6
7.2
3.2
4.8
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 806

= Typical LECO range from 7/27/2020 to 4/30/2025
25.2
17.0
14.6
8.5
10.6
4.7
8.0
5.5
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 988

= Typical LECO range from 7/27/2020 to 4/30/2025
27.9
20.0
11.8
11.4
7.9
5.9
5.7
5.5
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,417

= Typical LECO range from 7/27/2020 to 4/30/2025
22.1
18.5
10.3
14.7
8.5
6.7
10.1
4.1
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 31
XBRL?   [ original filing ]
Total numbers found: 585

= Typical LECO range from 7/27/2020 to 4/30/2025
27.2
18.8
12.8
8.8
7.4
6.7
6.6
6.9
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 894

= Typical LECO range from 7/27/2020 to 4/30/2025
28.4
18.4
15.7
8.7
10.9
6.9
3.6
2.6
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 852

= Typical LECO range from 7/27/2020 to 4/30/2025
28.7
17.2
12.1
12.2
9.1
5.6
4.2
5.4
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 1,359

= Typical LECO range from 7/27/2020 to 4/30/2025
36.4
14.3
14.4
8.2
9.3
5.2
2.6
4.3
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 582

= Typical LECO range from 7/27/2020 to 4/30/2025
28.6
17.2
11.7
9.3
8.9
6.8
5.2
5.8
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL?   [ original filing ]
Total numbers found: 908

= Typical LECO range from 7/27/2020 to 4/30/2025
24.4
18.5
12.7
9.0
10.1
6.2
8.4
5.1
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 965

= Typical LECO range from 7/27/2020 to 4/30/2025
27.9
20.3
13.9
10.2
7.0
6.4
5.1
5.7
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 1,403

= Typical LECO range from 7/27/2020 to 4/30/2025
 

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