LINCOLN ELECTRIC HOLDINGS INC Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Lincoln Electric Holdings Inc quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Lincoln Electric Holdings Inc Interest Expense for the quarter ending September 30, 2024 was $14.1M, a 11.2% increase year-over-year.
  • Lincoln Electric Holdings Inc Interest Expense for the twelve months ending September 30, 2024 was $50.6M, a 4.39% increase year-over-year.
  • Lincoln Electric Holdings Inc annual Interest Expense for 2023 was $51.1M, a 64.4% increase from 2022.
  • Lincoln Electric Holdings Inc annual Interest Expense for 2022 was $31.1M, a 30.8% increase from 2021.
  • Lincoln Electric Holdings Inc annual Interest Expense for 2021 was $23.8M, a 0.74% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $51.1M +$20M +64.4% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-27
2022 $31.1M +$7.33M +30.8% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-27
2021 $23.8M -$178K -0.74% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-27
2020 $24M -$1.98M -7.64% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-21
2019 $25.9M +$1.44M +5.87% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-18
2018 $24.5M +$283K +1.17% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-19
2017 $24.2M +$5.14M +26.9% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-27
2016 $19.1M -$2.75M -12.6% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-27
2015 $21.8M +$11.4M +109% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-27
2014 $10.4M +$7.57M +264% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-24
2013 $2.86M -$1.33M -31.7% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-25
2012 $4.19M -$2.51M -37.5% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-20
2011 $6.7M +$13K +0.19% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-21
2010 $6.69M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-22
* An asterisk sign (*) next to the value indicates that the value is likely invalid.