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ESAB (ESAB) is a Industrials company in the Russell 1000. Latest news and coverage below.
| FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | $1.95B | $2.43B | $2.59B | $2.77B | $2.74B | $2.84B |
| Growth (year over year) | — | +24.5% | +6.8% | +7.0% | −1.2% | +3.7% |
| Gross profit | $682.5M | $838.0M | $885.5M | $1.02B | $1.04B | $1.05B |
| Gross margin | 35.0% | 34.5% | 34.1% | 36.6% | 37.9% | 36.9% |
| Operating income | $202.1M | $306.2M | $329.1M | $404.2M | $447.4M | $412.2M |
| Operating margin | 10.4% | 12.6% | 12.7% | 14.6% | 16.3% | 14.5% |
| Net income | $157.4M | $235.1M | $223.7M | $205.3M | $264.8M | $226.8M |
| Net margin | 8.1% | 9.7% | 8.6% | 7.4% | 9.7% | 8.0% |
| EPS (diluted) | $2.62 | $3.92 | $3.69 | $3.36 | $4.31 | $3.67 |
| Balance sheet | ||||||
| Cash and equivalents | $49.2M | $41.2M | $72.0M | $102.0M | $249.4M | $185.9M |
| Total assets | — | $3.46B | $3.75B | $3.83B | $4.03B | $4.77B |
| Total liabilities | — | $959.5M | $2.37B | $2.18B | $2.23B | $2.55B |
| Long-term debt | — | $0 | $1.22B | $1.02B | $1.06B | $1.23B |
| Shareholders' equity | $2.54B | $2.46B | $1.35B | $1.61B | $1.77B | $2.17B |
| Cash flow | ||||||
| Operating cash flow | $309.2M | $250.7M | $214.4M | $330.5M | $355.4M | $260.6M |
| Capital expenditure | $40.1M | $35.6M | $40.2M | $48.2M | $51.8M | $47.3M |
| Free cash flow | $269.0M | $215.2M | $174.1M | $282.3M | $303.6M | $213.3M |
| Dividends paid | $0 | $0 | $6.05M | $13.3M | $17.0M | $21.9M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Apr 2025 | Q2 FY25Jul 2025 | Q3 FY25Oct 2025 | Q4 FY25†Dec 2025 | Q1 FY26Apr 2026 | Q2 FY26Jul 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $673.3M | $670.8M | $678.1M | $715.6M | $727.8M | $721.0M | $745.6M | $807.6M |
| Growth (year over year) | −1.1% | −2.7% | −1.7% | +1.2% | +8.1% | +7.5% | +9.9% | +12.9% |
| Gross profit | $253.8M | $258.3M | $255.2M | $266.0M | $269.3M | $257.8M | $275.1M | $307.2M |
| Gross margin | 37.7% | 38.5% | 37.6% | 37.2% | 37.0% | 35.8% | 36.9% | 38.0% |
| Operating income | $106.0M | $111.4M | $109.8M | $109.1M | $106.6M | $86.6M | $90.5M | $78.7M |
| Operating margin | 15.7% | 16.6% | 16.2% | 15.2% | 14.6% | 12.0% | 12.1% | 9.7% |
| Net income | $68.2M | $53.7M | $67.4M | $66.9M | $54.8M | $37.7M | $47.6M | $32.4M |
| Net margin | 10.1% | 8.0% | 9.9% | 9.3% | 7.5% | 5.2% | 6.4% | 4.0% |
| EPS (diluted) | $1.11 | $0.87 | $1.10 | $1.09 | $0.90 | $0.58 | $0.78 | $0.50 |
| Balance sheet | ||||||||
| Cash and equivalents | $253.7M | $249.4M | $291.3M | $258.2M | $218.2M | $185.9M | $1.00B | $217.5M |
| Total assets | $4.08B | $4.03B | $4.22B | $4.43B | $4.87B | $4.77B | $5.62B | $6.56B |
| Total liabilities | $2.21B | $2.23B | $2.27B | $2.32B | $2.71B | $2.55B | $3.39B | $3.98B |
| Long-term debt | $1.08B | $1.06B | $1.06B | $1.06B | $1.33B | $1.23B | $2.03B | $2.39B |
| Shareholders' equity | $1.84B | $1.77B | $1.91B | $2.07B | $2.12B | $2.17B | $2.19B | $2.54B |
| Cash flow | ||||||||
| Operating cash flow | $101.0M | $126.9M | $35.4M | $46.6M | $81.5M | $97.1M | $46.9M | $33.4M |
| Capital expenditure | $10.6M | $24.7M | $7.29M | $9.18M | $11.2M | $19.6M | $13.7M | $17.7M |
| Free cash flow | $90.4M | $102.2M | $28.1M | $37.4M | $70.3M | $77.4M | $33.2M | $15.7M |
| Dividends paid | $4.86M | $4.86M | $4.86M | $4.87M | $6.09M | $6.09M | $6.09M | $6.11M |
From ESAB's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
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