• Lincoln Electric Holdings average return on equity for 2023 was 44.9, a 0.22% decline from 2022.
• Lincoln Electric Holdings average return on equity for 2022 was 44.8, a 35.47% increase from 2021.
• Lincoln Electric Holdings average return on equity for 2021 was 33.07, a 7.9% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.