LECO vs NXT
Comparison between Lincoln Electric Holdings Inc (LECO, Company) and Nextracker Inc - Class A (NXT, Company).
LECO is from the Industrials sector, while NXT is from the Technology sector.
LECO vs NXT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
LECO
$16B
NXT
$16B
Max Drawdown
LECO
69.28%
Winner
NXT
48.61%
Sharpe Ratio
LECO
0.61
Winner
NXT
1.17
5Y Beta
Winner
LECO
1.10
NXT
1.22
Industry
LECO
Tools & Accessories
NXT
Solar
P/E Ratio
LECO
28.40
Winner
NXT
25.68
Forward P/E
LECO
25.00
Winner
NXT
22.94
PEG Ratio
LECO
2.30
Winner
NXT
0.88
Dividend Yield
LECO
1.10%
NXT
N/A
5Y Dividends CAGR
LECO
13.89%
NXT
N/A
5Y EPS CAGR
LECO
20.79%
NXT
N/A
Debt to Equity
LECO
74.00%
Winner
NXT
0.00%
Free Cash Flow Yield
Winner
LECO
4.40%
NXT
3.51%
P/S Ratio
Winner
LECO
3.49
NXT
4.29
P/B Ratio
LECO
9.72
Winner
NXT
6.11
LECO vs NXT - Historical Returns
Returns include dividend reinvestment.
1M
Winner
LECO
+13.58%
NXT
-3.05%
3M
Winner
LECO
+8.02%
NXT
-28.92%
6M
Winner
LECO
-1.72%
NXT
-12.86%
1Y
LECO
+19.25%
Winner
NXT
+87.94%
5Y(CAGR)
LECO
+16.82%
NXT
N/A
10Y(CAGR)
LECO
+18.01%
NXT
N/A
Max(CAGR)
LECO
+15.21%
Winner
NXT
+40.89%
LECO vs NXT - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | LECO | NXT |
|---|---|---|
| 2026 | +18.41% | +9.37% |
| 2025 | +31.52% | +120.53% |
| 2024 | -11.03% | -22.96% |
| 2023 | +50.82% | +53.81% |
| 2022 | +5.71% | N/A |
| 2021 | +24.59% | N/A |
| 2020 | +21.14% | N/A |
| 2019 | +26.29% | N/A |
| 2018 | -12.79% | N/A |
| 2017 | +19.43% | N/A |
| 2016 | +50.70% | N/A |
| 2015 | -23.22% | N/A |
| 2014 | -0.43% | N/A |
| 2013 | +44.86% | N/A |
| 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 NXT Drawdown Comparison
The maximum drawdown for LECO was -68.89%, occurring on Mar 9, 2009. Recovery took 892 trading sessions.
The maximum drawdown for NXT was -48.61%, occurring on Oct 24, 2024. Recovery took 313 trading sessions.
The current LECO drawdown is -3.43%. The current NXT drawdown is -35.12%.
| Rank | LECO | NXT |
|---|---|---|
| #1 | -68.89% Jun 23, 2008 - Jan 5, 2012 | -48.61% Feb 14, 2024 - May 15, 2025 |
| #2 | -46.52% Apr 16, 2002 - Apr 8, 2004 | -42.54% May 29, 2026 - Jul 31, 2026 |
| #3 | -45.99% Mar 31, 2000 - May 18, 2001 | -25.21% Jul 27, 2023 - Dec 14, 2023 |
| #4 | -38.89% Jan 2, 2020 - Aug 11, 2020 | -23.27% Nov 5, 2025 - Jan 28, 2026 |
| #5 | -36.55% Nov 21, 2014 - Nov 10, 2016 | -19.04% Jul 7, 2025 - Aug 18, 2025 |
| #6 | -34.29% Mar 27, 2024 - Jan 9, 2026 | -18.74% Feb 18, 2026 - Mar 24, 2026 |
| #7 | -31.14% Oct 24, 2007 - May 22, 2008 | -18.35% Mar 25, 2026 - May 13, 2026 |
| #8 | -26.26% Jan 22, 2018 - Dec 18, 2019 | -18.15% Mar 31, 2023 - May 12, 2023 |
| #9 | -23.14% May 2, 2012 - Jan 2, 2013 | -16.59% Dec 21, 2023 - Feb 1, 2024 |
| #10 | -21.42% Jul 20, 2023 - Dec 13, 2023 | -16.13% May 15, 2026 - May 29, 2026 |
| #11 | -20.32% May 24, 2001 - Feb 8, 2002 | -15.91% Mar 7, 2023 - Mar 30, 2023 |
| #12 | -20.10% Feb 6, 2026 - Apr 6, 2026 | -12.82% Jun 15, 2023 - Jul 27, 2023 |
| #13 | -18.40% Nov 30, 2004 - Jul 20, 2005 | -11.72% May 15, 2025 - Jul 3, 2025 |
| #14 | -17.55% Mar 4, 2014 - Nov 21, 2014 | -8.48% Feb 15, 2023 - Mar 3, 2023 |
| #15 | -17.07% Nov 19, 2021 - Aug 11, 2022 | -8.26% Sep 5, 2025 - Sep 18, 2025 |
Correlation
Correlation between LECO and NXT is 0.84 which considered as a strong positive correlation - the stocks tend to move together.
0.84
-101
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