What is ESAB's asbestos liability?

ESAB (ESAB) reported asbestos liability of $263.01M in Q1 2026.

How has ESAB's asbestos liability changed year-over-year?

ESAB's asbestos liability increased by 8.9% year-over-year, from $241.56M to $263.01M.

What does asbestos liability mean?

This represents the long-term portion of estimated liabilities for legal claims and settlements arising from historical asbestos exposure. It reflects the company's total anticipated financial burden from legacy product liability issues that extend beyond the current fiscal year.

ESAB ESAB Asbestos liability

Asbestos liability at other companies

DowDOW

$602M-12.5%

ChubbCB

$34M-12.8%

Rockwell AutomationROK

$151M+739%

Crown HoldingsCCK

-$4.75M-26.7%

International PaperIP

$110M+10.0%

ChubbCB

$235M-8.9%

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 / equity1×+0.4×

Current ratio3×+1.1×

Where this comes from

Reported directly by ESAB in its filing.

Tagged under the XBRL concept esab:AsbestosLiabilityNoncurrent.

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 asbestos liability?: ESAB (ESAB) reported asbestos liability of $263.01M in Q1 2026.
How has ESAB's asbestos liability changed year-over-year?: ESAB's asbestos liability increased by 8.9% year-over-year, from $241.56M to $263.01M.
What does asbestos liability mean?: This represents the long-term portion of estimated liabilities for legal claims and settlements arising from historical asbestos exposure. It reflects the company's total anticipated financial burden from legacy product liability issues that extend beyond the current fiscal year.