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Stock Comparison · Structural lead, mixed market

Lincoln Electric Holdings vs Lennox International: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Lincoln Electric carrying a narrow edge on growth. Lennox International still leads on profitability and valuation, which keeps the comparison from looking entirely one-sided. On the market side, Lincoln Electric is in better shape — its trend is intact while Lennox International's trend has broken down. That puts structure and market broadly in agreement — Lincoln Electric's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

The clearest separation starts in growth, but stability adds another real layer to the result.

Trajectory Similarity
0.79
Similar
Peer-set rank: #27
within Lincoln Electric Holdings, Inc.'s functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

This level of similarity signals a strong structural match, even though some dimensions still separate the two companies.

The match is driven mainly by investment intensity and revenue stability.

Similarity drivers
investment intensityrevenue stability
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
LECO
Lincoln Electric Holdings, Inc.
55
Peer-Score
Signal qualityMedium
vs
LII
Lennox International Inc.
54
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: LECO vs LII Profitability 46 76 Stability 55 24 Valuation 64 85 Growth 53 4 LECO LII
Gap Ranking
#1 Growth +49
#2 Stability +31
#3 Profitability +30
#4 Valuation +21
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for LECO and LII Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer LECOLII Relative valuation Structural strength

Lincoln Electric Holdings, Inc. still looks stronger overall, though current pricing looks more supportive for Lennox International Inc..

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Growth
On growth, Lincoln Electric Holdings, Inc. is positioned higher in the group, while Lennox International Inc. is closer to the middle.
Stability
On stability, Lincoln Electric Holdings, Inc. is positioned higher in the group, while Lennox International Inc. is closer to the middle.
Growth — Dominant Gap
LECO
53
LII
4
Gap+49in favour of LECO

One company is still expanding while the other is contracting, which creates a very wide growth split.

What keeps the gap from being one-sided

Capital efficiency also runs the other way, with a 6.7-point ROIC edge acting as a real counterforce.

What this means for the comparison

The lead is built on both growth and stability — though profitability still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the LECO vs LII comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how LECO and LII each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.