LECO vs AAOI

Comparison between Lincoln Electric Holdings Inc (LECO, Company) and Applied Optoelectronics Inc (AAOI, Company).

LECO is from the Industrials sector, while AAOI is from the Technology sector.

5-Year PerformanceAAOI has outperformed LECO, delivering a return of +80.6% compared to +16.6%

LECO vs AAOI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LECO(COMPANY)	AAOI(COMPANY)
Market Cap	$14B	$14B
Max Drawdown	69.28%	98.49%
Sharpe Ratio	0.93	2.31
5Y Beta	1.07	3.75
Industry	Tools & Accessories	Communication Equipment
P/E Ratio	25.85	-283.24
Forward P/E	23.98	84.03
PEG Ratio	1.32	0.78
Dividend Yield	1.19%	N/A
5Y Dividends CAGR	13.88%	N/A
5Y EPS CAGR	16.29%	-23.67%
Debt to Equity	86.92%	3.73%
Free Cash Flow Yield	4.16%	-3.02%
P/S Ratio	3.34	27.35
P/B Ratio	9.62	12.71

Market Cap

Winner

LECO

$14B

AAOI

$14B

Max Drawdown

Winner

LECO

69.28%

AAOI

98.49%

Sharpe Ratio

LECO

0.93

Winner

AAOI

2.31

5Y Beta

Winner

LECO

1.07

AAOI

3.75

Industry

LECO

Tools & Accessories

AAOI

Communication Equipment

P/E Ratio

LECO

25.85

Winner

AAOI

-283.24

Forward P/E

Winner

LECO

23.98

AAOI

84.03

PEG Ratio

LECO

1.32

Winner

AAOI

0.78

Dividend Yield

LECO

1.19%

AAOI

N/A

5Y Dividends CAGR

LECO

13.88%

AAOI

N/A

5Y EPS CAGR

Winner

LECO

16.29%

AAOI

-23.67%

Debt to Equity

LECO

86.92%

Winner

AAOI

3.73%

Free Cash Flow Yield

Winner

LECO

4.16%

AAOI

-3.02%

P/S Ratio

Winner

LECO

3.34

AAOI

27.35

P/B Ratio

Winner

LECO

9.62

AAOI

12.71

LECO vs AAOI - Historical Returns

Returns include dividend reinvestment.

Period	LECO	AAOI
1 month	-2.96%	-10.21%
3 months	-0.55%	+59.20%
6 months	+6.64%	+427.29%
1 year	+28.05%	+899.11%
5 years(CAGR)	+16.62%	+80.59%
10 years(CAGR)	+17.76%	+32.76%
Max(CAGR)	+14.85%	+24.96%

Winner

LECO

-2.96%

AAOI

-10.21%

LECO

-0.55%

Winner

AAOI

+59.20%

LECO

+6.64%

Winner

AAOI

+427.29%

LECO

+28.05%

Winner

AAOI

+899.11%

5Y(CAGR)

LECO

+16.62%

Winner

AAOI

+80.59%

10Y(CAGR)

LECO

+17.76%

Winner

AAOI

+32.76%

Max(CAGR)

LECO

+14.85%

Winner

AAOI

+24.96%

LECO vs AAOI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	LECO	AAOI
2026	+6.28%	+326.89%
2025	+31.52%	-2.08%
2024	-11.03%	+97.22%
2023	+50.82%	+927.66%
2022	+5.71%	-64.14%
2021	+24.59%	-41.32%
2020	+21.14%	-31.92%
2019	+26.29%	-25.19%
2018	-12.79%	-59.30%
2017	+19.43%	+63.72%
2016	+50.70%	+43.89%
2015	-23.22%	+59.04%
2014	-0.43%	-23.31%
2013	+44.86%	+50.70%
2012	+25.33%	N/A
2011	+19.41%	N/A
2010	+23.76%	N/A
2009	+2.59%	N/A
2008	-25.22%	N/A
2007	+16.90%	N/A
2006	+50.82%	N/A
2005	+16.79%	N/A
2004	+40.71%	N/A
2003	+6.16%	N/A
2002	+0.85%	N/A
2001	+31.97%	N/A
2000	+1.33%	N/A
1999	-3.96%	N/A

LECO vs AAOI Drawdown Comparison

The maximum drawdown for LECO was -68.89%, occurring on Mar 9, 2009. Recovery took 892 trading sessions.

The maximum drawdown for AAOI was -98.49%, occurring on Jul 11, 2022. Recovery took 2156 trading sessions.

The current LECO drawdown is -13.32%. The current AAOI drawdown is -24.23%.

Rank	LECO	AAOI
#1	-68.89% Jun 23, 2008 - Jan 5, 2012	-98.49% Aug 1, 2017 - Mar 2, 2026
#2	-46.52% Apr 16, 2002 - Apr 8, 2004	-69.44% Mar 10, 2014 - Jan 12, 2017
#3	-45.99% Mar 31, 2000 - May 18, 2001	-33.40% Mar 11, 2026 - Apr 8, 2026
#4	-38.89% Jan 2, 2020 - Aug 11, 2020	-31.83% Mar 27, 2017 - May 9, 2017
#5	-36.55% Nov 21, 2014 - Nov 10, 2016	-29.00% May 13, 2026 - May 29, 2026
#6	-34.29% Mar 27, 2024 - Jan 9, 2026	-21.75% Jun 2, 2017 - Jul 13, 2017
#7	-31.14% Oct 24, 2007 - May 22, 2008	-20.81% Dec 11, 2013 - Feb 20, 2014
#8	-26.26% Jan 22, 2018 - Dec 18, 2019	-18.84% May 1, 2026 - May 11, 2026
#9	-23.14% May 2, 2012 - Jan 2, 2013	-16.03% Apr 20, 2026 - Apr 30, 2026
#10	-21.42% Jul 20, 2023 - Dec 13, 2023	-13.09% Mar 7, 2017 - Mar 24, 2017
#11	-20.32% May 24, 2001 - Feb 8, 2002	-9.60% Oct 22, 2013 - Nov 29, 2013
#12	-20.10% Feb 6, 2026 - Apr 6, 2026	-7.11% Feb 21, 2014 - Feb 28, 2014
#13	-18.40% Nov 30, 2004 - Jul 20, 2005	-6.99% Mar 2, 2026 - Mar 9, 2026
#14	-17.55% Mar 4, 2014 - Nov 21, 2014	-6.95% Apr 13, 2026 - Apr 16, 2026
#15	-17.07% Nov 19, 2021 - Aug 11, 2022	-6.67% Nov 29, 2013 - Dec 6, 2013