$10.58B Market Cap.
LECO Market Cap. (MRY)
LECO Shares Outstanding (MRY)
LECO Assets (MRY)
Total Assets
$3.52B
Total Liabilities
$2.19B
Total Investments
$0
LECO Income (MRY)
Revenue
$4.01B
Net Income
$466.11M
Operating Expense
$836.45M
LECO Cash Flow (MRY)
CF Operations
$598.98M
CF Investing
-$361.23M
CF Financing
-$244.64M
LECO Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $2.13 | 1.10% | -19.01% | 25.88% | 3.86 |
2023 | $2.63 | 1.20% | 13.36% | 27.68% | 3.61 |
2022 | $2.32 | 1.60% | 11.00% | 28.50% | 3.51 |
2021 | $2.09 | 1.50% | 5.56% | 44.85% | 2.23 |
2020 | $1.98 | 1.70% | - | 57.23% | 1.75 |
LECO Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $3,520,142,000 (4.23%) | $3,377,297,000 (6.19%) | $3,180,546,000 (22.69%) | $2,592,307,000 (12.01%) |
Assets Current | $1,645,281,000 (-2.82%) | $1,693,111,000 (8.69%) | $1,557,790,000 (20.80%) | $1,289,593,000 (15.93%) |
Assets Non-Current | $1,874,861,000 (11.32%) | $1,684,186,000 (3.79%) | $1,622,756,000 (24.57%) | $1,302,714,000 (8.37%) |
Goodwill & Intangible Assets | $1,025,932,000 (16.44%) | $881,119,000 (32.45%) | $665,257,000 (14.79%) | $579,555,000 (23.30%) |
Shareholders Equity | $1,327,433,000 (1.42%) | $1,308,852,000 (26.58%) | $1,034,041,000 (19.67%) | $864,102,000 (9.48%) |
Property Plant & Equipment Net | $619,181,000 (7.62%) | $575,316,000 (5.59%) | $544,871,000 (6.47%) | $511,744,000 (-1.98%) |
Cash & Equivalents | $377,262,000 (-4.20%) | $393,787,000 (99.74%) | $197,150,000 (2.17%) | $192,958,000 (-25.00%) |
Accumulated Other Comprehensive Income | -$300,135,000 (-30.58%) | -$229,847,000 (16.54%) | -$275,398,000 (-7.00%) | -$257,386,000 (14.83%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $544,037,000 (-3.34%) | $562,864,000 (-15.42%) | $665,451,000 (23.25%) | $539,919,000 (41.62%) |
Trade & Non-Trade Receivables | $481,979,000 (-10.55%) | $538,830,000 (-0.50%) | $541,529,000 (26.21%) | $429,074,000 (14.88%) |
Trade & Non-Trade Payables | $296,590,000 (-8.86%) | $325,435,000 (-7.57%) | $352,079,000 (6.62%) | $330,230,000 (28.73%) |
Accumulated Retained Earnings (Deficit) | $3,993,016,000 (8.27%) | $3,688,038,000 (11.54%) | $3,306,500,000 (11.32%) | $2,970,303,000 (5.28%) |
Tax Assets | $77,611,000 (71.80%) | $45,176,000 (0%) | $0 (0%) | $18,318,000 (8.01%) |
Tax Liabilities | $10,464,000 (-20.40%) | $13,146,000 (0%) | $0 (0%) | $56,718,000 (21.34%) |
Total Debt | $1,261,075,000 (14.10%) | $1,105,210,000 (-8.20%) | $1,203,879,000 (56.38%) | $769,819,000 (7.19%) |
Debt Current | $110,524,000 (4431.53%) | $2,439,000 (-97.39%) | $93,483,000 (77.29%) | $52,730,000 (1828.68%) |
Debt Non-Current | $1,150,551,000 (4.33%) | $1,102,771,000 (-0.69%) | $1,110,396,000 (54.85%) | $717,089,000 (0.23%) |
Total Liabilities | $2,192,709,000 (6.01%) | $2,068,445,000 (-3.64%) | $2,146,505,000 (24.19%) | $1,728,398,000 (13.40%) |
Liabilities Current | $878,802,000 (16.46%) | $754,610,000 (-11.52%) | $852,897,000 (12.83%) | $755,905,000 (37.58%) |
Liabilities Non-Current | $1,313,907,000 (0.01%) | $1,313,835,000 (1.56%) | $1,293,608,000 (33.02%) | $972,493,000 (-0.23%) |
LECO Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $4,008,670,000 (-4.37%) | $4,191,636,000 (11.44%) | $3,761,211,000 (16.30%) | $3,234,180,000 (21.80%) |
Cost of Revenue | $2,535,758,000 (-6.99%) | $2,726,191,000 (9.91%) | $2,480,451,000 (14.54%) | $2,165,575,000 (21.38%) |
Selling General & Administrative Expense | $780,590,000 (2.86%) | $758,910,000 (15.58%) | $656,636,000 (9.97%) | $597,109,000 (9.80%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $836,450,000 (11.89%) | $747,596,000 (11.84%) | $668,424,000 (10.13%) | $606,936,000 (3.00%) |
Interest Expense | $42,786,000 (-3.57%) | $44,371,000 (50.41%) | $29,500,000 (32.80%) | $22,214,000 (1.10%) |
Income Tax Expense | $128,041,000 (-9.59%) | $141,618,000 (17.42%) | $120,603,000 (149.09%) | $48,418,000 (-16.37%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $466,108,000 (-14.51%) | $545,248,000 (15.46%) | $472,224,000 (70.74%) | $276,580,000 (34.17%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $114,000 (293.10%) |
Net Income | $466,108,000 (-14.51%) | $545,248,000 (15.46%) | $472,224,000 (70.81%) | $276,466,000 (34.13%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $466,108,000 (-14.51%) | $545,248,000 (15.46%) | $472,224,000 (70.81%) | $276,466,000 (34.13%) |
Weighted Average Shares | $56,425,803 (-1.35%) | $57,199,736 (-0.93%) | $57,738,400 (-2.22%) | $59,048,285 (-0.71%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $636,935,000 (-12.90%) | $731,237,000 (17.50%) | $622,327,000 (79.29%) | $347,098,000 (21.37%) |
Gross Profit | $1,472,912,000 (0.51%) | $1,465,445,000 (14.42%) | $1,280,760,000 (19.85%) | $1,068,605,000 (22.64%) |
Operating Income | $636,462,000 (-11.34%) | $717,849,000 (17.23%) | $612,336,000 (32.64%) | $461,669,000 (63.67%) |
LECO Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$361,231,000 (-383.39%) | -$74,729,000 (85.19%) | -$504,691,000 (-145.76%) | -$205,356,000 (-317.28%) |
Net Cash Flow from Financing | -$244,640,000 (40.68%) | -$412,392,000 (-408.39%) | $133,725,000 (160.25%) | -$221,940,000 (9.83%) |
Net Cash Flow from Operations | $598,977,000 (-10.27%) | $667,542,000 (74.12%) | $383,386,000 (5.02%) | $365,063,000 (3.90%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$16,525,000 (-108.40%) | $196,637,000 (4590.77%) | $4,192,000 (106.52%) | -$64,321,000 (-211.44%) |
Net Cash Flow - Business Acquisitions and Disposals | -$252,746,000 (-673.28%) | -$32,685,000 (92.51%) | -$436,298,000 (-179.49%) | -$156,106,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$108,805,000 (-162.22%) | -$41,493,000 (39.47%) | -$68,552,000 (-22.96%) | -$55,750,000 (-8.18%) |
Issuance (Repayment) of Debt Securities | $157,772,000 (279.32%) | -$87,982,000 (-120.01%) | $439,795,000 (856.74%) | $45,968,000 (244.74%) |
Issuance (Purchase) of Equity Shares | -$236,347,000 (-33.98%) | -$176,400,000 (-0.85%) | -$174,908,000 (-20.38%) | -$145,294,000 (-50.93%) |
Payment of Dividends & Other Cash Distributions | -$162,143,000 (-9.55%) | -$148,010,000 (-13.22%) | -$130,724,000 (-7.28%) | -$121,851,000 (-3.16%) |
Effect of Exchange Rate Changes on Cash | -$9,631,000 (-159.39%) | $16,216,000 (297.08%) | -$8,228,000 (-294.06%) | -$2,088,000 (-222.25%) |
Share Based Compensation | $24,052,000 (-8.31%) | $26,231,000 (3.82%) | $25,267,000 (6.22%) | $23,787,000 (54.58%) |
Depreciation Amortization & Accretion | $88,238,000 (1.81%) | $86,670,000 (11.03%) | $78,059,000 (-3.80%) | $81,146,000 (0.81%) |
LECO Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 36.70% (4.86%) | 35.00% (2.64%) | 34.10% (3.33%) | 33.00% (0.61%) |
Profit Margin | 11.60% (-10.77%) | 13.00% (3.17%) | 12.60% (48.24%) | 8.50% (8.97%) |
EBITDA Margin | 18.10% (-7.18%) | 19.50% (4.84%) | 18.60% (40.91%) | 13.20% (-4.35%) |
Return on Average Equity (ROAE) | 35.30% (-21.38%) | 44.90% (-11.26%) | 50.60% (54.74%) | 32.70% (11.99%) |
Return on Average Assets (ROAA) | 13.30% (-18.90%) | 16.40% (-1.80%) | 16.70% (51.82%) | 11.00% (20.88%) |
Return on Sales (ROS) | 15.90% (-8.62%) | 17.40% (5.45%) | 16.50% (54.21%) | 10.70% (-0.93%) |
Return on Invested Capital (ROIC) | 24.00% (-14.29%) | 28.00% (0.00%) | 28.00% (54.70%) | 18.10% (20.67%) |
Dividend Yield | 1.10% (-8.33%) | 1.20% (-25.00%) | 1.60% (6.67%) | 1.50% (-11.76%) |
Price to Earnings Ratio (P/E) | 22.78 (-0.49%) | 22.89 (28.96%) | 17.75 (-40.69%) | 29.93 (-10.92%) |
Price to Sales Ratio (P/S) | 2.64 (-11.05%) | 2.97 (33.77%) | 2.22 (-12.88%) | 2.55 (-2.23%) |
Price to Book Ratio (P/B) | 7.97 (-16.14%) | 9.5 (17.79%) | 8.07 (-15.35%) | 9.53 (8.81%) |
Debt to Equity Ratio (D/E) | 1.65 (4.56%) | 1.58 (-23.89%) | 2.08 (3.80%) | 2 (3.57%) |
Earnings Per Share (EPS) | 8.23 (-13.37%) | 9.5 (16.71%) | 8.14 (74.68%) | 4.66 (34.68%) |
Sales Per Share (SPS) | 71.04 (-3.05%) | 73.28 (12.49%) | 65.14 (18.93%) | 54.77 (22.67%) |
Free Cash Flow Per Share (FCFPS) | 8.69 (-20.63%) | 10.95 (100.72%) | 5.45 (4.10%) | 5.24 (3.89%) |
Book Value Per Share (BVPS) | 23.52 (2.81%) | 22.88 (27.77%) | 17.91 (22.38%) | 14.63 (10.26%) |
Tangible Assets Book Value Per Share (TABVPS) | 44.2 (1.29%) | 43.64 (0.17%) | 43.56 (27.80%) | 34.09 (9.91%) |
Enterprise Value Over EBIT (EV/EBIT) | 18 (0.00%) | 18 (28.57%) | 14 (-44.00%) | 25 (-3.85%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 15.77 (-2.33%) | 16.15 (25.92%) | 12.82 (-37.84%) | 20.63 (1.10%) |
Asset Turnover | 1.15 (-9.26%) | 1.26 (-4.96%) | 1.33 (3.18%) | 1.29 (9.70%) |
Current Ratio | 1.87 (-16.58%) | 2.24 (22.89%) | 1.83 (7.03%) | 1.71 (-15.71%) |
Dividends | $2.13 (-19.01%) | $2.63 (13.36%) | $2.32 (11.00%) | $2.09 (5.56%) |
Free Cash Flow (FCF) | $490,172,000 (-21.70%) | $626,049,000 (98.85%) | $314,834,000 (1.78%) | $309,313,000 (3.16%) |
Enterprise Value (EV) | $11,436,536,288 (-13.40%) | $13,206,545,591 (47.05%) | $8,980,939,416 (1.66%) | $8,834,096,309 (18.14%) |
Earnings Before Tax (EBT) | $594,149,000 (-13.50%) | $686,866,000 (15.86%) | $592,827,000 (82.47%) | $324,884,000 (23.06%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $725,173,000 (-11.34%) | $817,907,000 (16.78%) | $700,386,000 (63.55%) | $428,244,000 (16.85%) |
Invested Capital | $2,499,221,000 (1.88%) | $2,452,991,000 (-8.10%) | $2,669,121,000 (45.56%) | $1,833,708,000 (4.43%) |
Working Capital | $766,479,000 (-18.33%) | $938,501,000 (33.14%) | $704,893,000 (32.08%) | $533,688,000 (-5.19%) |
Tangible Asset Value | $2,494,210,000 (-0.08%) | $2,496,178,000 (-0.76%) | $2,515,289,000 (24.97%) | $2,012,752,000 (9.13%) |
Market Capitalization | $10,578,145,288 (-14.96%) | $12,438,654,591 (49.10%) | $8,342,621,416 (1.30%) | $8,235,464,309 (19.12%) |
Average Equity | $1,321,839,250 (8.77%) | $1,215,286,750 (30.17%) | $933,634,750 (10.32%) | $846,318,750 (19.81%) |
Average Assets | $3,494,913,250 (5.37%) | $3,316,895,250 (17.30%) | $2,827,667,000 (12.71%) | $2,508,894,750 (11.05%) |
Invested Capital Average | $2,649,272,750 (1.38%) | $2,613,210,000 (17.59%) | $2,222,356,500 (16.18%) | $1,912,793,000 (0.58%) |
Shares | 56,425,803 (-1.35%) | 57,199,736 (-0.93%) | 57,738,400 (-2.22%) | 59,048,285 (-0.71%) |
