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ESAB

ESAB

ESAB Corporation is a premier industrial manufacturer specializing in fabrication technology and gas control solutions.

Market cap
$5.49B-31.7%
Revenue$2.9B+6.6%
Net income$207.0M-24.0%
Free cash flow$218.4M-25.9%
EPS (diluted)$3.37-23.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$749.1M
EPS estimate$1.42

Financials

Q1 2026

Income statement

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Revenue$745.6M+9.9%
Gross profit$275.1M+7.8%
Operating income$90.5M-17.6%
Net income$47.6M-29.3%
EPS (diluted)$0.78-29.1%

Balance sheet

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Cash & equivalents$1.0B+245%
Total debt$2.1B+84.9%
Total equity$2.2B+14.7%
Total assets$5.6B+33.4%

Cash flow

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Operating cash flow$46.9M+32.5%
CapEx$13.7M+87.9%
Free cash flow$33.2M+18.1%

Valuation & ratios

Valuation

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Market cap$5.49B-31.7%
Enterprise value$6.62B-25.5%
P/E26.5×-4.6×
P/S1.9×-1.0×

Profitability

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Gross margin36.7%-1.3pp
Operating margin13.5%-2.9pp
Net margin7.1%-2.9pp
FCF margin7.5%-3.3pp

Returns & leverage

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Return on equity10.1%-5.2pp
Debt / equity+0.4×
Current ratio+1.1×

Segments

By segment

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EMEA and APAC Segment$457.2M+15.0%
Americas:$288.4M+2.7%

By product

See full
Consumables$480.9M+7.9%
Equipment$264.7M+13.9%

Competitors

Profile

ESAB Corporation is a premier industrial manufacturer specializing in fabrication technology and gas control solutions. The company provides advanced equipment, consumables, and digital workflow solutions for cutting, joining, and welding applications. Its value proposition is centered on the ESAB Business Excellence (EBXai) management system, which drives continuous improvement and innovation across a global footprint.

Competitive position

ESAB is a leading global competitor with a substantial position in every major market, leveraging global scale and regional agility.

GeographiesNorth America, South America, Europe, Middle East, India, Africa, Asia Pacific
Customer segmentsIndustrial end users, Healthcare providers, Independent distributors
Business modelManufacturing, Direct-to-customer sales, Distribution-led sales
SuppliersSteel suppliers, Iron suppliers, Copper suppliers, Aluminum suppliers, Electronic component manufacturers
CustomersIndependent industrial distributors, Manufacturing enterprises, Healthcare institutions, Specialty gas users
Listed2022
Employees9.0K
CEOShyam Kambeyanda
FilingsSEC EDGAR

Questions, answered.

What is ESAB's market cap?
ESAB (ESAB) has a market capitalization of $5.5B and trades on NYSE.
What is ESAB's revenue and profitability?
ESAB generated $2.9B in trailing twelve-month revenue with net income of $207.0M, representing a net margin of 7.1%. Gross margin stands at 36.7%, with free cash flow of $218.4M. These figures are based on the Q1 2026 filing.
Who are ESAB's competitors?
ESAB's key competitors include Lincoln Electric, Illinois Tool Works, Colfax Corporation, and others. These companies compete in similar markets and product categories.
Who does ESAB partner with?
ESAB's notable partners include IHS Markit, International Monetary Fund.
What subsidiaries does ESAB have?
ESAB's subsidiaries include Eddyfi Technologies.
Where is ESAB headquartered?
ESAB is headquartered in United States of America and employs approximately 9,000 people. It has been publicly traded since 2022.