ESAB Corp (ESAB)
ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, automated welding, and gas control equipment. It offers its products through independent distributors and direct salespeople. It operates in Europe, Asia Pacific, South America, and the Middle East. ESAB Corporation was founded in 1904 and is headquartered in North Bethesda, Maryland.
- Symbol
- ESAB
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Metal Fabrication
- Market cap
- $4.19B
- 52 week range
- 64.83 - 137.42
Valuation
- Share price
- $67.33 (close of 2026-09-23)
- P/E (TTM)
- 24.13x
- Price to book
- 1.62x
- Price to free cash flow
- 21.29x
- Enterprise value
- $6.51B
- Book value per share
- $41.57
Price performance
| Period | Change |
|---|
| 1 day | +0.48% |
| 5 days | +0.18% |
| 1 month | -17.29% |
| 3 months | -30.31% |
| 6 months | -29.67% |
| Year to date | -39.73% |
| 1 year | -38.48% |
| 3 years | -2.63% |
| All time | +34.66% |
Profitability and growth
- Return on equity
- 10.25%
- Return on invested capital
- 10.18%
- Return on assets
- 4.76%
- Return on capital employed
- 10.05%
- Gross margin
- 36.88%
- Net margin
- 7.98%
- EBITDA margin
- 17.46%
- Revenue growth
- 3.71%
- Net income growth
- -14.38%
- Free cash flow growth
- -29.75%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 4.70%
- Current ratio
- 1.96x
- Net debt to EBITDA
- 5.03x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $2.84B
- Cost of revenue
- $1.79B
- Gross profit
- $1.05B
- EBITDA
- $496.27M
- Net income
- $226.77M
- Earnings per share
- $3.71
- Research and development
- $44.00M
- Shares outstanding
- 60.68M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $2.84B | $1.05B | $226.77M | $3.71 |
| 2024-12-31 | $2.74B | $1.04B | $264.84M | $4.36 |
| 2023-12-31 | $2.77B | $1.02B | $205.28M | $3.39 |
| 2022-12-31 | $2.59B | $885.53M | $223.75M | $3.70 |
| 2021-12-31 | $2.43B | $837.98M | $235.11M | $3.92 |
| 2020-12-31 | $1.95B | $682.47M | $157.41M | $2.62 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 36.88% | 7.98% | 10.25% | 10.18% |
| 2024-12-31 | 37.85% | 9.66% | 14.65% | 13.60% |
| 2023-12-31 | 36.61% | 7.40% | 12.46% | 11.58% |
| 2022-12-31 | 34.14% | 8.63% | 16.11% | 9.88% |
| 2021-12-31 | 34.51% | 9.68% | 9.40% | 8.79% |
| 2020-12-31 | 35.00% | 8.07% | 6.19% | 6.26% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $185.86M | $1.23B |
| 2024-12-31 | $249.36M | $1.06B |
| 2023-12-31 | $102.00M | $1.02B |
| 2022-12-31 | $72.02M | $1.22B |
| 2021-12-31 | $41.21M | - |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $213.28M | $16.94M |
| 2024-12-31 | $303.62M | $19.78M |
| 2023-12-31 | $282.32M | $16.12M |
| 2022-12-31 | $174.12M | $12.96M |
| 2021-12-31 | $215.15M | $6.27M |
| 2020-12-31 | $269.04M | $6.44M |
Dividend history
- Most recent payment
- 2026-07-02
- Paid in the last twelve months
- $0.42
| Payment date | Dividend per share |
|---|
| 2026-07-02 | $0.12 |
| 2026-04-02 | $0.10 |
| 2025-12-31 | $0.10 |
| 2025-10-03 | $0.10 |
| 2025-07-03 | $0.10 |
| 2025-04-04 | $0.08 |
| 2024-12-31 | $0.08 |
| 2024-09-27 | $0.08 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-04
- Consensus EPS estimate
- $1.32
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-06 | Jun/2026 | $1.37 |
| 2026-05-07 | - | - |
| 2026-02-20 | - | - |
| 2026-02-19 | - | - |
| 2025-10-29 | - | - |
| 2025-08-06 | - | - |
| 2025-05-01 | - | - |
| 2025-02-20 | - | - |
Filings and sources
- Company website
- esabcorporation.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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