ESAB ESAB Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 36.7%-0.2pp | 36.9%-0.7pp | 37.6%-0.2pp | 37.7%-0.3pp | 38%+0.2pp | |
| Operating margin | 13.5%-1.0pp | 14.5%-1.1pp | 15.6%-0.3pp | 15.9%-0.4pp | 16.4%0.0pp | |
| Net margin | 7.1%-0.9pp | 8%-0.7pp | 8.7%-0.7pp | 9.4%-0.6pp | 10%+0.3pp | |
| EBITDA margin | 16.6%-0.9pp | 17.5%-0.9pp | 18.4%-0.2pp | 18.5%-0.3pp | 18.9%+0.1pp | |
| Free cash flow margin | 7.5%0.0pp | 7.5%-1.0pp | 8.5%-0.9pp | 9.4%-1.4pp | 10.8%-0.3pp | |
| Returns | ||||||
| Return on equity | 10.1%-1.4pp | 11.5%-0.8pp | 12.3%-1.3pp | 13.6%-1.8pp | 15.3%-0.4pp | |
| Return on assets | 4.2%-0.9pp | 5.2%-0.3pp | 5.4%-0.7pp | 6.1%-0.7pp | 6.8%0.0pp | |
| Return on invested capital | 10.2%-0.6pp | 10.8%-0.3pp | 11.1%-1.0pp | 12.1%-0.9pp | 13%-0.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.6×-0.1× | 0.6×0.0× | 0.6×0.0× | 0.7×0.0× | 0.7×0.0× | |
| Inventory turnover | 3.5×-0.2× | 3.7×+0.3× | 3.4×0.0× | 3.4×-0.2× | 3.6×-0.3× | |
| Liquidity | ||||||
| Current ratio | 3×+1.1× | 1.9×-0.1× | 2×0.0× | 1.9×0.0× | 1.9×+0.1× | |
| Quick ratio | 2.2×+1.1× | 1.1×-0.1× | 1.2×0.0× | 1.2×0.0× | 1.2×+0.1× | |
| Cash ratio | 1.4×+1.1× | 0.3×0.0× | 0.3×0.0× | 0.4×-0.1× | 0.4×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 1×+0.4× | 0.6×-0.1× | 0.7×+0.1× | 0.6×0.0× | 0.6×-0.1× | |
| Debt-to-assets | 0.4×+0.1× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Net debt / EBITDA | 2.3×0.0× | 2.3×-0.1× | 2.4×+0.6× | 1.8×+0.1× | 1.7×-0.1× | |
| Valuation | ||||||
| Market capitalization | $5.88B-13.2% | $6.78B0.0% | $6.78B-5.5% | $7.18B+1.7% | $7.06B-2.6% | |
| Enterprise value | $7.02B-11.6% | $7.94B-1.1% | $8.03B-0.7% | $8.09B+2.0% | $7.93B-2.9% | |
| Price / earnings | 28.4×-1.5× | 29.9×+2.0× | 27.9×-0.1× | 28×+2.1× | 25.9×-1.4× | |
| Price / sales | 2×-0.4× | 2.4×0.0× | 2.4×-0.2× | 2.6×0.0× | 2.6×-0.1× | |
| Price / book | 2.7×-0.4× | 3.1×-0.1× | 3.2×-0.3× | 3.5×-0.2× | 3.7×-0.4× | |
| EV / EBITDA | 14.5×-1.5× | 16×+0.3× | 15.7×-0.3× | 16×+0.5× | 15.4×-0.5× | |
| EV / sales | 2.4×-0.4× | 2.8×-0.1× | 2.9×-0.1× | 3×0.0× | 2.9×-0.1× | |
| Free cash flow yield | 3.7%+0.6pp | 3.1%-0.4pp | 3.5%-0.1pp | 3.6%-0.6pp | 4.2%0.0pp | |
| Earnings yield | 3.5%+0.2pp | 3.3%-0.2pp | 3.6%0.0pp | 3.6%-0.3pp | 3.9%+0.2pp | |
| Dividend yield | 0.4%+0.1pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are ESAB's profit margins?
- ESAB (ESAB) runs a 36.7% gross margin and a 13.5% operating margin, with a 7.1% net margin.
- Where do ESAB's ratios come from?
- Every ratio is computed from ESAB's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
