• Lincoln Electric Holdings average ebitda margin for 2023 was 18.3%, a 0.94% increase from 2022.
• Lincoln Electric Holdings average ebitda margin for 2022 was 18.13%, a 14.97% increase from 2021.
• Lincoln Electric Holdings average ebitda margin for 2021 was 15.77%, a 13.21% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.