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ESAB ESAB Acquisitions

Acquisitions at other companies

Illinois Tool Works logo
Illinois Tool WorksITW
$0
LEC
Lincoln Electric HoldingsLECO
-$140K
Enovis logo
EnovisENOV
$1.12M-79.5%
MSA
Mine Safety Appliances CompanyMSA
$1.5M
Standex International logo
Standex InternationalSXI
$0-100%
Applied Industrial Technologies logo
Applied Industrial TechnologiesAIT
$9M+5,194%

Other financials

Income statement

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Revenue$807.6M+12.9%
Gross profit$307.2M+15.5%
Operating income$78.7M-27.8%
Net income$32.4M-51.6%
EPS (diluted)$0.50-54.1%

Balance sheet

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Cash & equivalents$217.5M-15.8%
Total debt$2.5B+118%
Total equity$2.5B+22.7%
Total assets$6.6B+48.1%

Cash flow

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Operating cash flow$33.4M-28.3%
CapEx$17.7M+93.3%
Free cash flow$15.7M-58.1%

Valuation

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Market cap$5.75B-13.3%
Enterprise value$8.07B+7.1%
P/E33.3×+7.5×
P/S1.9×-0.5×

Profitability

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Gross margin37%-0.8pp
Operating margin12.1%-3.9pp
Net margin5.7%-3.6pp
FCF margin6.5%-2.9pp

Returns & leverage

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Return on equity7.5%-6.1pp
Debt / equity+0.4×
Current ratio0.0×

Where this comes from

Reported directly by ESAB in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: ESAB’s 10-K, filed February 20, 2026.

Filed
Feb 20, 2026, 6:43 AM EST
Fiscal year
FY2025
Accession
0001877322-26-000007
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Cash flows from investing activities:
Purchases of property, plant and equipment(47,287)(51,779)(48,178)
Proceeds from sale of property, plant and equipment6,5353,8054,600
Acquisitions, net of cash received(438,314)(153,664)(18,665)
Other investing(816)(4,058)
Net cash used in investing activities(479,882)(205,696)(62,243)
Cash flows from financing activities:
Proceeds from borrowings on Senior Notes700,000

Item 8. Financial Statements and Supplementary Data

FAQ

What is ESAB's acquisitions?
ESAB (ESAB) reported acquisitions of $0 in Q4 2025.
How has ESAB's acquisitions changed year-over-year?
ESAB's acquisitions decreased by 100.0% year-over-year, from $67.13M to $0.
What is the long-term trend for ESAB's acquisitions?
Over 2 years (2022 to 2025), ESAB's acquisitions has grown at a 71.8% compound annual growth rate (CAGR), from $149.03M to $439.67M.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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