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ESAB ESAB EMEA and APAC Segment — Subtotal

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TAPEMEA&APAC — Income (loss) before income taxes
-$51.7M-169%
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TAPEMEA&APAC — Other Operating Income
-$19M
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SWEurope, MEA and APAC — Adjusted Earnings Before Interest Tax Depreciation And Amortization
$421M+8.2%
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TAPEMEA&APAC — Equity income (loss)
$0
Johnson Controls International logo
JCIAPAC — Earnings Before Interest And Taxes
$143M+41.6%
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JCIEMEA — Earnings Before Interest, Tax, And Amortization
$186M+37.8%

Other financials

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

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Market cap$6.47B-16.7%
Enterprise value$7.6B-11.5%
P/E31.2×+2.7×
P/S2.2×-0.6×

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×

Where this comes from

Reported directly by ESAB in its filing.

Tagged under the XBRL concept esab:RestructuringChargesBeforeNonCashCharges.

The official record: ESAB’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ESAB's EMEA and APAC segment — subtotal?
ESAB (ESAB) reported EMEA and APAC segment — subtotal of $1.18M in Q1 2026.
What does EMEA and APAC segment — subtotal mean?
This represents the intermediate financial aggregate for the EMEA and APAC segment, typically used to bridge the gap between gross performance and segment-level operating profit. It serves as a key checkpoint in the segment's income statement to evaluate the cumulative effect of various operating adjustments. This subtotal helps in assessing the segment's profitability before final corporate allocations or tax considerations.