Go Pro

ESAB (ESAB) Competitors

ESAB logo
$79.26 -2.14 (-2.63%)
Closing price 08/24/2026 03:58 PM Eastern
Extended Trading
$79.30 +0.04 (+0.05%)
As of 08/24/2026 06:05 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

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?

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

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
Lincoln Electric12.35% 39.23% 15.25%
ESAB 5.75%14.48%5.99%

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
Lincoln Electric$4.23B3.63$520.53M$10.0128.20
ESAB$2.84B1.73$226.77M$2.7928.41

79.6% of Lincoln Electric shares are owned by institutional investors. Comparatively, 91.1% of ESAB shares are owned by institutional investors. 1.7% of Lincoln Electric shares are owned by company insiders. Comparatively, 7.2% of ESAB shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Lincoln Electric has a beta of 1.2, suggesting that its stock price is 20% more volatile than the broader market. Comparatively, ESAB has a beta of 1.19, suggesting that its stock price is 19% more volatile than the broader market.

Lincoln Electric pays an annual dividend of $3.16 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 0.6%. Lincoln Electric pays out 31.6% 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. Lincoln Electric has raised its dividend for 30 consecutive years and ESAB has raised its dividend for 3 consecutive years. Lincoln Electric is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Lincoln Electric currently has a consensus target price of $307.22, indicating a potential upside of 8.85%. ESAB has a consensus target price of $138.14, indicating a potential upside of 74.30%. Given ESAB's stronger consensus rating and higher probable upside, analysts plainly believe ESAB is more favorable than Lincoln Electric.

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

In the previous week, Lincoln Electric had 23 more articles in the media than ESAB. MarketBeat recorded 30 mentions for Lincoln Electric and 7 mentions for ESAB. Lincoln Electric's average media sentiment score of 1.44 beat ESAB's score of 0.92 indicating that Lincoln Electric is being referred to more favorably in the media.

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

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 superior business? We will compare the two companies based on the strength of their media sentiment, valuation, dividends, institutional ownership, analyst recommendations, risk, profitability and earnings.

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$2.84B1.73$226.77M$2.7928.41
Middleby$3.20B1.63-$277.73M-$9.26N/A

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%

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 company insiders. Comparatively, 9.7% of Middleby shares are held 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 has a beta of 1.19, indicating that its share price is 19% more volatile than the broader market. Comparatively, Middleby has a beta of 1.32, indicating that its share price is 32% more volatile than the broader market.

ESAB presently has a consensus price target of $138.14, indicating a potential upside of 74.30%. Middleby has a consensus price target of $160.38, indicating a potential upside of 39.19%. Given ESAB's stronger consensus rating and higher probable upside, research 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)
6 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, ESAB had 5 more articles in the media than Middleby. MarketBeat recorded 7 mentions for ESAB and 2 mentions for Middleby. Middleby's average media sentiment score of 1.68 beat ESAB's score of 0.92 indicating that Middleby is being referred to more favorably in the news media.

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

Summary

ESAB beats Middleby on 9 of the 16 factors compared between the two stocks.

How does ESAB compare to Donaldson?

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

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
ESAB$2.84B1.73$226.77M$2.7928.41
Donaldson$3.69B2.90$367M$3.7224.83

In the previous week, Donaldson had 10 more articles in the media than ESAB. MarketBeat recorded 17 mentions for Donaldson and 7 mentions for ESAB. Donaldson's average media sentiment score of 1.30 beat ESAB's score of 0.92 indicating that Donaldson is being referred to more favorably in the news media.

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

ESAB pays an annual dividend of $0.48 per share and has a dividend yield of 0.6%. Donaldson pays an annual dividend of $1.28 per share and has a dividend yield of 1.4%. ESAB pays out 17.2% of its earnings in the form of a dividend. Donaldson pays out 34.4% 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 Donaldson has raised its dividend for 38 consecutive years. Donaldson is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

ESAB presently has a consensus price target of $138.14, indicating a potential upside of 74.30%. Donaldson has a consensus price target of $99.50, indicating a potential upside of 7.72%. Given ESAB's stronger consensus rating and higher probable upside, research analysts plainly believe ESAB is more favorable than Donaldson.

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
Donaldson
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

91.1% of ESAB shares are owned by institutional investors. Comparatively, 82.8% of Donaldson shares are owned by institutional investors. 7.2% of ESAB shares are owned by insiders. Comparatively, 2.2% of Donaldson shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Donaldson has a net margin of 11.52% compared to ESAB's net margin of 5.75%. Donaldson's return on equity of 29.17% beat ESAB's return on equity.

Company Net Margins Return on Equity Return on Assets
ESAB5.75% 14.48% 5.99%
Donaldson 11.52%29.17%14.98%

ESAB has a beta of 1.19, indicating that its stock price is 19% more volatile than the broader market. Comparatively, Donaldson has a beta of 0.92, indicating that its stock price is 8% less volatile than the broader market.

Summary

Donaldson beats ESAB on 11 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 business? We will contrast the two businesses based on the strength of their risk, media sentiment, dividends, profitability, analyst recommendations, valuation, earnings and institutional ownership.

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$8.09B3.39$1.09B$8.3024.53
ESAB$2.84B1.73$226.77M$2.7928.41

In the previous week, Dover had 17 more articles in the media than ESAB. MarketBeat recorded 24 mentions for Dover and 7 mentions for ESAB. Dover's average media sentiment score of 1.49 beat ESAB's score of 0.92 indicating that Dover is being referred to more favorably in the media.

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

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%

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 large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Dover pays an annual dividend of $2.08 per share and has a dividend yield of 1.0%. ESAB pays an annual dividend of $0.48 per share and has a dividend yield of 0.6%. Dover pays out 25.1% 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 raised its dividend for 70 consecutive years and ESAB has raised 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 has a beta of 1.16, suggesting that its share price is 16% more volatile than the broader market. Comparatively, ESAB has a beta of 1.19, suggesting that its share price is 19% more volatile than the broader market.

Dover currently has a consensus price target of $238.29, indicating a potential upside of 17.02%. ESAB has a consensus price target of $138.14, indicating a potential upside of 74.30%. Given ESAB's stronger consensus rating and higher possible upside, analysts clearly 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

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 better stock? We will compare the two companies based on the strength of their analyst recommendations, risk, profitability, valuation, dividends, institutional ownership, earnings and media sentiment.

In the previous week, Emerson Electric had 62 more articles in the media than ESAB. MarketBeat recorded 69 mentions for Emerson Electric and 7 mentions for ESAB. Emerson Electric's average media sentiment score of 1.66 beat ESAB's score of 0.92 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
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Emerson Electric
65 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

ESAB pays an annual dividend of $0.48 per share and has a dividend yield of 0.6%. Emerson Electric pays an annual dividend of $2.22 per share and has a dividend yield of 1.4%. 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 raised its dividend for 3 consecutive years and Emerson Electric has raised 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 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$2.84B1.73$226.77M$2.7928.41
Emerson Electric$18.64B4.74$2.29B$4.5734.48

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%

ESAB has a beta of 1.19, meaning that its stock price is 19% more volatile than the broader market. Comparatively, Emerson Electric has a beta of 1.24, meaning that its stock price is 24% more volatile than the broader market.

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

ESAB presently has a consensus price target of $138.14, indicating a potential upside of 74.30%. Emerson Electric has a consensus price target of $167.39, indicating a potential upside of 6.24%. Given ESAB's stronger consensus rating and higher possible upside, equities research analysts plainly 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

Summary

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

Get ESAB News Delivered to You Automatically

Sign up to receive the latest news and ratings for ESAB and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

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.
Skip Chart

ESAB vs. The Competition

MetricESABMachinery IndustryIndustrials SectorNYSE Exchange
Market Cap$5.06B$11.49B$10.69B$24.29B
Dividend Yield0.59%2.18%97.24%3.70%
P/E Ratio28.4120.8426.4730.14
Price / Sales1.7365.35326.3324.16
Price / Cash12.1023.4224.3119.80
Price / Book2.184.434.834.90
Net Income$226.77M$358.96M$612.94M$1.07B
7 Day Performance0.27%-0.35%-0.99%0.50%
1 Month Performance-6.32%1.07%2.25%2.86%
1 Year Performance-31.41%11.45%11.08%14.91%

ESAB Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ESAB
ESAB
4.4528 of 5 stars
$79.26
-2.6%
$138.14
+74.3%
-32.4%$5.06B$2.84B28.4110,300
LECO
Lincoln Electric
4.711 of 5 stars
$279.83
-2.2%
$307.22
+9.8%
+15.1%$15.26B$4.23B27.9712,000
MIDD
Middleby
4.392 of 5 stars
$115.36
+0.4%
$160.38
+39.0%
-16.1%$5.22B$3.20BN/A8,826
DCI
Donaldson
4.4104 of 5 stars
$94.28
-0.4%
$97.83
+3.8%
+22.0%$10.93B$3.81B25.3415,000
DOV
Dover
4.8183 of 5 stars
$203.17
-1.6%
$238.29
+17.3%
+11.3%$27.36B$8.09B24.4824,000

Related Companies and Tools


This page (NYSE:ESAB) was last updated on 8/25/2026 by MarketBeat.com Staff.
From Our Partners