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ESAB ESAB Accumulated benefit obligation

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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$5.71B-13.5%
Enterprise value$8.03B+6.9%
P/E33.1×+7.3×
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:DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsAccumulatedBenefitObligation.

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

For pension plans with accumulated benefit obligations in excess of plan assets, the accumulated benefit obligation and fair value of plan assets were $56.3 million and $8.8 million, respectively, as of December 31, 2025 and $49.3 million and $6.3 million, respectively, as of December 31, 2024. For pension plans with projected benefit obligations in excess of plan assets, the projected benefit obligation and fair value of plan assets were $62.3 million and $11.8 million, respectively, as of December 31, 2025 and $52.4 million and $7.2 million, respectively, as of December 31, 2024.

Item 8. Financial Statements and Supplementary Data

FAQ

What is ESAB's accumulated benefit obligation?
ESAB (ESAB) reported accumulated benefit obligation of $62.3M in Q4 2025.
How has ESAB's accumulated benefit obligation changed year-over-year?
ESAB's accumulated benefit obligation increased by 18.9% year-over-year, from $52.4M to $62.3M.
What is the long-term trend for ESAB's accumulated benefit obligation?
Over 4 years (2021 to 2025), ESAB's accumulated benefit obligation has grown at a -4.9% compound annual growth rate (CAGR), from $76.2M to $62.3M.
What does accumulated benefit obligation mean?
Accumulated benefit obligation as reported by ESAB Corporation.

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