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ESAB (ESAB) Competitors

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$70.64 -0.06 (-0.08%)
Closing price 09/11/2026 03:58 PM Eastern
Extended Trading
$70.40 -0.23 (-0.33%)
As of 04:57 AM Eastern
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ESAB vs. LECO, MIDD, DCI, DOV, and EMR

Should you buy ESAB stock or one of its competitors? ESAB's main competitors and comparable companies include Lincoln Electric (LECO), Middleby (MIDD), Donaldson (DCI), Dover (DOV), and Emerson Electric (EMR). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "industrials" sector.

How does ESAB compare to Lincoln Electric?

ESAB (NYSE:ESAB) and Lincoln Electric (NASDAQ:LECO) are both industrials companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, media sentiment, profitability, risk, earnings and dividends.

In the previous week, Lincoln Electric had 2 more articles in the media than ESAB. MarketBeat recorded 8 mentions for Lincoln Electric and 6 mentions for ESAB. Lincoln Electric's average media sentiment score of 0.78 beat ESAB's score of 0.58 indicating that Lincoln Electric is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ESAB
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Lincoln Electric
3 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

91.1% of ESAB shares are owned by institutional investors. Comparatively, 79.6% of Lincoln Electric shares are owned by institutional investors. 7.2% of ESAB shares are owned by insiders. Comparatively, 1.7% of Lincoln Electric shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

ESAB presently has a consensus target price of $138.14, indicating a potential upside of 95.57%. Lincoln Electric has a consensus target price of $307.22, indicating a potential upside of 21.40%. Given ESAB's stronger consensus rating and higher probable upside, research analysts clearly believe ESAB is more favorable than Lincoln Electric.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ESAB
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88
Lincoln Electric
0 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.70

ESAB has a beta of 1.17, suggesting that its share price is 17% more volatile than the broader market. Comparatively, Lincoln Electric has a beta of 1.21, suggesting that its share price is 21% more volatile than the broader market.

Lincoln Electric has a net margin of 12.35% compared to ESAB's net margin of 5.75%. Lincoln Electric's return on equity of 39.23% beat ESAB's return on equity.

Company Net Margins Return on Equity Return on Assets
ESAB5.75% 14.48% 5.99%
Lincoln Electric 12.35%39.23%15.25%

Lincoln Electric has higher revenue and earnings than ESAB. Lincoln Electric is trading at a lower price-to-earnings ratio than ESAB, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ESAB$2.84B1.54$226.77M$2.7925.32
Lincoln Electric$4.23B3.26$520.53M$10.0125.28

ESAB pays an annual dividend of $0.48 per share and has a dividend yield of 0.7%. Lincoln Electric pays an annual dividend of $3.16 per share and has a dividend yield of 1.2%. ESAB pays out 17.2% of its earnings in the form of a dividend. Lincoln Electric pays out 31.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. ESAB has raised its dividend for 3 consecutive years and Lincoln Electric has raised its dividend for 30 consecutive years. Lincoln Electric is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Lincoln Electric beats ESAB on 13 of the 20 factors compared between the two stocks.

How does ESAB compare to Middleby?

ESAB (NYSE:ESAB) and Middleby (NASDAQ:MIDD) are both mid-cap industrials companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, earnings, valuation, media sentiment, analyst recommendations, institutional ownership and profitability.

91.1% of ESAB shares are held by institutional investors. Comparatively, 98.6% of Middleby shares are held by institutional investors. 7.2% of ESAB shares are held by insiders. Comparatively, 9.7% of Middleby shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

ESAB has higher earnings, but lower revenue than Middleby. Middleby is trading at a lower price-to-earnings ratio than ESAB, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ESAB$2.84B1.54$226.77M$2.7925.32
Middleby$3.20B1.53-$277.73M-$9.26N/A

In the previous week, Middleby had 8 more articles in the media than ESAB. MarketBeat recorded 14 mentions for Middleby and 6 mentions for ESAB. Middleby's average media sentiment score of 0.63 beat ESAB's score of 0.58 indicating that Middleby is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ESAB
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Middleby
6 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

ESAB has a beta of 1.17, suggesting that its share price is 17% more volatile than the broader market. Comparatively, Middleby has a beta of 1.31, suggesting that its share price is 31% more volatile than the broader market.

ESAB has a net margin of 5.75% compared to Middleby's net margin of -13.22%. Middleby's return on equity of 17.44% beat ESAB's return on equity.

Company Net Margins Return on Equity Return on Assets
ESAB5.75% 14.48% 5.99%
Middleby -13.22%17.44%7.66%

ESAB currently has a consensus target price of $138.14, suggesting a potential upside of 95.57%. Middleby has a consensus target price of $160.43, suggesting a potential upside of 48.12%. Given ESAB's stronger consensus rating and higher probable upside, analysts clearly believe ESAB is more favorable than Middleby.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ESAB
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88
Middleby
2 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.33

Summary

ESAB and Middleby tied by winning 8 of the 16 factors compared between the two stocks.

How does ESAB compare to Donaldson?

Donaldson (NYSE:DCI) and ESAB (NYSE:ESAB) are both industrials companies, but which is the superior stock? We will compare the two companies based on the strength of their media sentiment, risk, earnings, analyst recommendations, institutional ownership, valuation, dividends and profitability.

Donaldson has higher revenue and earnings than ESAB. Donaldson is trading at a lower price-to-earnings ratio than ESAB, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Donaldson$3.89B2.66$453.80M$3.8523.16
ESAB$2.84B1.54$226.77M$2.7925.32

82.8% of Donaldson shares are owned by institutional investors. Comparatively, 91.1% of ESAB shares are owned by institutional investors. 2.2% of Donaldson shares are owned by insiders. Comparatively, 7.2% of ESAB shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Donaldson presently has a consensus price target of $101.00, suggesting a potential upside of 13.29%. ESAB has a consensus price target of $138.14, suggesting a potential upside of 95.57%. Given ESAB's stronger consensus rating and higher possible upside, analysts plainly believe ESAB is more favorable than Donaldson.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Donaldson
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
ESAB
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88

Donaldson has a net margin of 11.68% compared to ESAB's net margin of 5.75%. Donaldson's return on equity of 28.68% beat ESAB's return on equity.

Company Net Margins Return on Equity Return on Assets
Donaldson11.68% 28.68% 14.27%
ESAB 5.75%14.48%5.99%

Donaldson pays an annual dividend of $1.28 per share and has a dividend yield of 1.4%. ESAB pays an annual dividend of $0.48 per share and has a dividend yield of 0.7%. Donaldson pays out 33.2% of its earnings in the form of a dividend. ESAB pays out 17.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Donaldson has increased its dividend for 38 consecutive years and ESAB has increased its dividend for 3 consecutive years. Donaldson is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, ESAB had 1 more articles in the media than Donaldson. MarketBeat recorded 6 mentions for ESAB and 5 mentions for Donaldson. Donaldson's average media sentiment score of 0.95 beat ESAB's score of 0.58 indicating that Donaldson is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Donaldson
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
ESAB
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Donaldson has a beta of 0.92, meaning that its stock price is 8% less volatile than the broader market. Comparatively, ESAB has a beta of 1.17, meaning that its stock price is 17% more volatile than the broader market.

Summary

Donaldson beats ESAB on 10 of the 19 factors compared between the two stocks.

How does ESAB compare to Dover?

Dover (NYSE:DOV) and ESAB (NYSE:ESAB) are both industrials companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, institutional ownership, analyst recommendations, risk, valuation, media sentiment, dividends and profitability.

Dover has higher revenue and earnings than ESAB. Dover is trading at a lower price-to-earnings ratio than ESAB, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dover$8.09B3.14$1.09B$8.3022.76
ESAB$2.84B1.54$226.77M$2.7925.32

In the previous week, Dover had 2 more articles in the media than ESAB. MarketBeat recorded 8 mentions for Dover and 6 mentions for ESAB. Dover's average media sentiment score of 1.55 beat ESAB's score of 0.58 indicating that Dover is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Dover
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
ESAB
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

84.5% of Dover shares are owned by institutional investors. Comparatively, 91.1% of ESAB shares are owned by institutional investors. 1.1% of Dover shares are owned by company insiders. Comparatively, 7.2% of ESAB shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Dover pays an annual dividend of $2.10 per share and has a dividend yield of 1.1%. ESAB pays an annual dividend of $0.48 per share and has a dividend yield of 0.7%. Dover pays out 25.3% of its earnings in the form of a dividend. ESAB pays out 17.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Dover has increased its dividend for 70 consecutive years and ESAB has increased its dividend for 3 consecutive years. Dover is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Dover currently has a consensus target price of $238.29, indicating a potential upside of 26.12%. ESAB has a consensus target price of $138.14, indicating a potential upside of 95.57%. Given ESAB's stronger consensus rating and higher possible upside, analysts plainly believe ESAB is more favorable than Dover.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dover
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.67
ESAB
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88

Dover has a beta of 1.15, indicating that its stock price is 15% more volatile than the broader market. Comparatively, ESAB has a beta of 1.17, indicating that its stock price is 17% more volatile than the broader market.

Dover has a net margin of 13.48% compared to ESAB's net margin of 5.75%. Dover's return on equity of 18.32% beat ESAB's return on equity.

Company Net Margins Return on Equity Return on Assets
Dover13.48% 18.32% 10.26%
ESAB 5.75%14.48%5.99%

Summary

Dover beats ESAB on 12 of the 19 factors compared between the two stocks.

How does ESAB compare to Emerson Electric?

ESAB (NYSE:ESAB) and Emerson Electric (NYSE:EMR) are both industrials companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, profitability, media sentiment, risk, institutional ownership, earnings, dividends and analyst recommendations.

ESAB presently has a consensus target price of $138.14, suggesting a potential upside of 95.57%. Emerson Electric has a consensus target price of $167.83, suggesting a potential upside of 10.36%. Given ESAB's stronger consensus rating and higher possible upside, equities analysts clearly believe ESAB is more favorable than Emerson Electric.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ESAB
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88
Emerson Electric
1 Sell rating(s)
10 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.50

ESAB has a beta of 1.17, suggesting that its share price is 17% more volatile than the broader market. Comparatively, Emerson Electric has a beta of 1.24, suggesting that its share price is 24% more volatile than the broader market.

91.1% of ESAB shares are owned by institutional investors. Comparatively, 74.3% of Emerson Electric shares are owned by institutional investors. 7.2% of ESAB shares are owned by company insiders. Comparatively, 0.2% of Emerson Electric shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

ESAB pays an annual dividend of $0.48 per share and has a dividend yield of 0.7%. Emerson Electric pays an annual dividend of $2.22 per share and has a dividend yield of 1.5%. ESAB pays out 17.2% of its earnings in the form of a dividend. Emerson Electric pays out 48.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. ESAB has increased its dividend for 3 consecutive years and Emerson Electric has increased its dividend for 68 consecutive years. Emerson Electric is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Emerson Electric has a net margin of 13.83% compared to ESAB's net margin of 5.75%. Emerson Electric's return on equity of 17.58% beat ESAB's return on equity.

Company Net Margins Return on Equity Return on Assets
ESAB5.75% 14.48% 5.99%
Emerson Electric 13.83%17.58%8.50%

Emerson Electric has higher revenue and earnings than ESAB. ESAB is trading at a lower price-to-earnings ratio than Emerson Electric, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ESAB$2.84B1.54$226.77M$2.7925.32
Emerson Electric$18.02B4.73$2.29B$4.5733.28

In the previous week, Emerson Electric had 9 more articles in the media than ESAB. MarketBeat recorded 15 mentions for Emerson Electric and 6 mentions for ESAB. Emerson Electric's average media sentiment score of 1.13 beat ESAB's score of 0.58 indicating that Emerson Electric is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ESAB
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Emerson Electric
11 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Emerson Electric beats ESAB on 14 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ESAB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ESAB vs. The Competition

MetricESABMachinery IndustryIndustrials SectorNYSE Exchange
Market Cap$4.39B$11.25B$10.30B$23.34B
Dividend Yield0.68%2.27%97.17%3.57%
P/E Ratio25.3221.4125.7828.72
Price / Sales1.5462.41332.9821.23
Price / Cash10.5122.9823.8519.47
Price / Book1.944.294.864.75
Net Income$226.77M$367.28M$613.10M$1.07B
7 Day Performance-5.90%-1.97%-1.56%-2.00%
1 Month Performance-16.74%-2.80%-4.25%-3.27%
1 Year Performance-36.05%8.52%6.20%10.51%

ESAB Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ESAB
ESAB
4.6054 of 5 stars
$70.64
-0.1%
$138.14
+95.6%
-36.1%$4.39B$2.84B25.3210,300
LECO
Lincoln Electric
4.88 of 5 stars
$276.51
+0.0%
$307.22
+11.1%
+5.8%$15.06B$4.23B27.6112,000
MIDD
Middleby
3.7095 of 5 stars
$110.11
-1.5%
$160.43
+45.7%
-19.5%$4.98B$3.20BN/A8,826
DCI
Donaldson
4.6319 of 5 stars
$91.69
+0.7%
$101.00
+10.2%
+10.2%$10.62B$3.89B23.8015,000
DOV
Dover
4.8501 of 5 stars
$194.19
+0.7%
$238.29
+22.7%
+9.1%$26.16B$8.09B23.4024,000

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This page (NYSE:ESAB) was last updated on 9/14/2026 by MarketBeat.com Staff.
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