ESAB Corp
ESAB- Exchange
- NYSE
- Industry
- General Industrial Machinery & Equipment, NEC
- SEC CIK
- 0001877322
In the last 90 days, ESAB Corp insiders filed 0 open-market purchases and 1 sale; 350 institutions reported holding it in 13F filings for Q2 2026, worth $6.41B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:23 AM ET
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 2, 2026 | Feb 20, 2025 | Feb 29, 2024 | Mar 7, 2023 |
| Revenue | $2.84B | $2.74B | $2.77B | $2.59B |
| Cost of revenue | $1.79B | $1.70B | $1.76B | $1.71B |
| Gross profit | $1.05B | $1.04B | $1.02B | $885.5M |
| Operating expenses | $144.8M | $162.3M | – | – |
| Research and development | $44.0M | $39.2M | $38.8M | $36.0M |
| Selling, general and administrative | $608.4M | $579.8M | $587.5M | $533.4M |
| Operating income | $412.2M | $447.4M | $404.2M | $329.1M |
| Income tax | $69.2M | $77.3M | $95.7M | $69.2M |
| Net income | $226.8M | $264.8M | $205.3M | $223.7M |
| EPS, basic | $3.71 | $4.36 | $3.39 | $3.70 |
| EPS, diluted | $3.67 | $4.31 | $3.36 | $3.69 |
| Weighted shares, basic | 60.7M | 60.4M | 60.2M | 60.1B |
| Weighted shares, diluted | 61.3M | 61.1M | 60.7M | 60.2B |
| Margins and growth | ||||
| Gross margin | 36.9% | 37.9% | 36.6% | 34.1% |
| Operating margin | 14.5% | 16.3% | 14.6% | 12.7% |
| Net margin | 8.0% | 9.7% | 7.4% | 8.6% |
| Revenue growth, year over year | +3.7% | −1.2% | +7.0% | – |
| Net income growth, year over year | −14.4% | +29.0% | −8.3% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 2, 2026 | Feb 20, 2025 | Feb 29, 2024 | Mar 7, 2023 |
| Cash and equivalents | $185.9M | $249.4M | $102.0M | $72.0M |
| Accounts receivable | $451.3M | $370.3M | $385.2M | $374.3M |
| Inventory | $481.8M | $403.7M | $392.9M | $416.8M |
| Total current assets | $1.26B | $1.15B | $997.7M | $988.7M |
| Property, plant and equipment | $381.9M | $298.3M | $294.3M | $284.2M |
| Goodwill | $1.95B | $1.65B | $1.59B | $1.53B |
| Intangible assets | $673.0M | $488.0M | $499.5M | $517.2M |
| Total assets | $4.77B | $4.03B | $3.83B | $3.75B |
| Accounts payable | $360.4M | $318.5M | $306.6M | $316.3M |
| Short-term debt | $2.41M | $15.0M | – | – |
| Total current liabilities | $664.8M | $632.1M | $620.1M | $601.6M |
| Long-term debt | $1.23B | $1.06B | $1.02B | $1.22B |
| Total liabilities | $2.55B | $2.23B | $2.18B | $2.37B |
| Shareholders' equity | $2.21B | $1.81B | $1.65B | $1.39B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 2, 2026 | Feb 20, 2025 | Feb 29, 2024 | Mar 7, 2023 |
| Operating cash flow | $260.6M | $355.4M | $330.5M | $214.4M |
| Capital expenditures | $47.3M | $51.8M | $48.2M | $40.2M |
| Free cash flow | $213.3M | $303.6M | $282.3M | $174.1M |
| Depreciation and amortization | $84.1M | $67.2M | $75.0M | $66.0M |
| Stock-based compensation | $16.9M | $19.8M | $16.1M | $13.0M |
| Dividends paid | $21.9M | $17.0M | $13.3M | $6.05M |
| Investing cash flow | -$479.9M | -$205.7M | -$62.2M | -$184.4M |
| Financing cash flow | $113.7M | $31.7M | -$219.7M | $7.56M |
| Net change in cash | -$63.5M | $147.4M | $30.0M | $30.8M |
| Ratio | ||||
| Stock-based compensation, % of revenue | 0.6% | 0.7% | 0.6% | 0.5% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.