LECO vs MEC
LECO: Lincoln Electric is a premier industrial machinery provider specializing in advanced welding, cutting, and automated system integration solutions for global manufacturing and infrastructure. MEC: Mayville Engineering is a leading U.S. Tier-1 value-added manufacturer providing design, tooling, fabrication, extrusion, coating and assembly solutions for complex components across commercial vehicles, construction, powersports, data center and other industrial end markets.
Side-by-side fundamentals
| Metric | LECO | MEC | Edge |
|---|---|---|---|
| Price as of 2026-07-22 close | $249.17 | $30.10 | |
| Market cap as of 2026-07-23 | $13.7B | $768M | |
| P/E as of 2026-07-23 | 25.40 | n/a | |
| PEG as of 2026-07-23 | 2.75 | n/a | |
| Net margin as of 2026-07-23 | +12.4% | -2.9% | LECO higher |
| Gross margin as of 2026-07-23 | +36.1% | +9.2% | LECO higher |
| Operating margin as of 2026-07-23 | +17.0% | -2.4% | LECO higher |
| ROE as of 2026-07-23 | +37.3% | -6.8% | LECO higher |
| ROA as of 2026-07-23 | +14.1% | -3.0% | LECO higher |
| Debt / equity as of 2026-07-23 | 0.87 | 0.92 | LECO lower |
| Revenue growth (YoY) as of 2026-07-23 | +7.9% | -0.0% | LECO higher |
| Revenue CAGR (3y) SEC XBRL | +4.0% | +0.4% | LECO higher |
| Dividend yield as of 2026-07-23 | +1.3% | n/a | |
| Dividend streak (yrs) SEC XBRL | 5 | n/a | |
| Beta as of 2026-07-23 | 1.23 | 1.29 | |
| 1-year return as of 2026-07-22 close | +11.6% | +93.9% | MEC higher |
Fundamentals: Finnhub, as of 2026-07-23. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-22.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.