Free Trial

ESAB (ESAB) Financials

ESAB logo
$128.63 -1.11 (-0.86%)
As of 05/20/2025 03:59 PM Eastern
Annual Income Statements for ESAB

Annual Income Statements for ESAB

This table shows ESAB's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Net Income / (Loss) Attributable to Common Shareholders
265 205 224 235 157
Consolidated Net Income / (Loss)
271 211 228 239 160
Net Income / (Loss) Continuing Operations
293 223 231 239 160
Total Pre-Tax Income
370 319 300 319 206
Total Operating Income
447 404 329 306 202
Total Gross Profit
1,037 1,016 886 838 682
Total Revenue
2,741 2,775 2,593 2,428 1,950
Operating Revenue
2,741 2,775 2,593 2,428 1,950
Total Cost of Revenue
1,703 1,759 1,708 1,590 1,268
Operating Cost of Revenue
1,703 1,759 1,708 1,590 1,268
Total Operating Expenses
590 612 556 532 480
Selling, General & Admin Expense
580 587 533 513 459
Restructuring Charge
10 24 23 19 22
Total Other Income / (Expense), net
-77 -85 -29 13 3.71
Other Income / (Expense), net
-77 - -29 13 -
Income Tax Expense
77 96 69 80 46
Net Income / (Loss) Discontinued Operations
-22 -12 -3.07 0.00 0.00
Net Income / (Loss) Attributable to Noncontrolling Interest
5.91 5.74 4.27 3.57 2.45
Basic Earnings per Share
$4.36 $3.39 $3.70 $3.92 $2.62
Weighted Average Basic Shares Outstanding
60.53M 60.34M 60.19M - -
Diluted Earnings per Share
$4.31 $3.36 $3.69 $3.92 $2.62
Weighted Average Diluted Shares Outstanding
60.53M 60.34M 60.19M - -
Weighted Average Basic & Diluted Shares Outstanding
60.53M 60.34M 60.19M - -
Cash Dividends to Common per Share
$0.30 $0.23 $0.15 - -

Quarterly Income Statements for ESAB

This table shows ESAB's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 4/4/2025 12/31/2024 9/27/2024 6/28/2024 3/29/2024 12/31/2023 9/29/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
67 54 68 83 60 50 58 66 32 61 52
Consolidated Net Income / (Loss)
70 55 70 84 62 51 59 67 33 62 53
Net Income / (Loss) Continuing Operations
73 74 71 86 63 60 61 69 34 60 54
Total Pre-Tax Income
93 96 89 103 81 77 81 90 71 66 72
Total Operating Income
110 111 106 119 111 104 101 109 91 79 81
Total Gross Profit
255 258 254 270 255 255 250 264 247 224 209
Total Revenue
678 671 673 707 690 689 681 720 684 664 620
Operating Revenue
678 671 673 707 690 689 681 720 684 664 620
Total Cost of Revenue
423 412 419 437 435 435 431 456 437 440 411
Operating Cost of Revenue
423 412 419 437 435 435 431 456 437 440 411
Total Operating Expenses
145 147 148 151 144 151 149 155 157 146 128
Selling, General & Admin Expense
141 145 146 146 142 145 145 150 147 139 122
Restructuring Charge
4.50 1.66 1.88 4.77 1.92 6.37 3.13 5.17 9.44 6.47 6.68
Other Special Charges / (Income)
0.00 - 0.00 0.00 - - 0.00 - 0.00 - -
Total Other Income / (Expense), net
-17 -15 -17 -16 -29 -26 -21 -19 -20 -13 -8.87
Interest Expense
17 - 17 16 - 26 21 19 20 - 12
Income Tax Expense
20 23 18 18 19 18 20 21 37 5.54 18
Net Income / (Loss) Discontinued Operations
-2.73 -19 -1.21 -1.16 -1.31 -8.08 -1.72 -1.62 -0.91 1.83 -0.98
Net Income / (Loss) Attributable to Noncontrolling Interest
2.47 1.21 1.59 1.46 1.64 1.23 1.54 1.65 1.31 1.56 0.96
Basic Earnings per Share
$1.10 $0.89 $1.12 $1.36 $0.99 $0.84 $0.95 $1.08 $0.52 $0.99 $0.86
Weighted Average Basic Shares Outstanding
60.62M 60.53M 60.45M 60.44M 60.42M 60.34M 60.27M 60.26M 60.22M 60.19M -
Diluted Earnings per Share
$1.10 $0.87 $1.11 $1.35 $0.98 $0.83 $0.94 $1.07 $0.52 $0.99 $0.86
Weighted Average Diluted Shares Outstanding
60.62M 60.53M 60.45M 60.44M 60.42M 60.34M 60.27M 60.26M 60.22M 60.19M -
Weighted Average Basic & Diluted Shares Outstanding
60.62M 60.53M 60.45M 60.44M 60.42M 60.34M 60.27M 60.26M 60.22M 60.19M -

Annual Cash Flow Statements for ESAB

This table details how cash moves in and out of ESAB's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Net Change in Cash & Equivalents
147 30 31 -8.00 -56
Net Cash From Operating Activities
355 330 214 251 309
Net Cash From Continuing Operating Activities
355 330 214 251 309
Net Income / (Loss) Continuing Operations
271 211 228 239 160
Consolidated Net Income / (Loss)
271 211 228 239 160
Depreciation Expense
67 75 66 76 77
Non-Cash Adjustments To Reconcile Net Income
35 17 5.80 -4.94 3.07
Changes in Operating Assets and Liabilities, net
-17 27 -85 -59 70
Net Cash From Investing Activities
-206 -62 -184 -35 -35
Net Cash From Continuing Investing Activities
-206 -62 -184 -35 -35
Purchase of Property, Plant & Equipment
-52 -48 -40 -36 -40
Acquisitions
-154 -19 -149 -4.89 0.00
Sale of Property, Plant & Equipment
3.81 4.60 4.85 5.20 5.57
Other Investing Activities, net
-4.06 0.00 0.00 - -
Net Cash From Financing Activities
32 -220 7.56 -222 -326
Net Cash From Continuing Financing Activities
32 -220 7.56 -222 -326
Repayment of Debt
-853 -777 -592 0.00 -0.19
Payment of Dividends
-21 -17 -9.47 -3.71 -4.30
Issuance of Debt
905 574 1,806 0.67 0.00
Other Financing Activities, net
0.00 0.00 -1,197 -219 -322
Effect of Exchange Rate Changes
-34 -19 -6.68 -1.90 -3.81
Cash Interest Paid
62 79 35 0.00 0.00
Cash Income Taxes Paid
95 133 86 0.00 0.00

Quarterly Cash Flow Statements for ESAB

This table details how cash moves in and out of ESAB's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 4/4/2025 12/31/2024 9/27/2024 6/28/2024 3/29/2024 12/31/2023 9/29/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
42 -4.31 25 152 -26 19 8.38 -7.62 10 11 7.16
Net Cash From Operating Activities
35 127 101 83 44 122 107 63 38 91 80
Net Cash From Continuing Operating Activities
35 127 101 83 44 122 107 63 38 91 80
Net Income / (Loss) Continuing Operations
70 55 70 84 62 51 59 67 33 62 53
Consolidated Net Income / (Loss)
70 55 70 84 62 51 59 67 33 62 53
Depreciation Expense
17 17 17 17 16 18 18 18 22 17 16
Non-Cash Adjustments To Reconcile Net Income
0.32 5.93 5.21 6.32 17 5.27 3.99 4.77 3.29 -2.11 1.95
Changes in Operating Assets and Liabilities, net
-52 49 8.90 -24 -51 48 27 -27 -20 14 8.61
Net Cash From Investing Activities
-2.69 -91 -77 -10 -27 -20 -9.06 -7.55 -26 -167 -7.34
Net Cash From Continuing Investing Activities
-2.69 -91 -77 -10 -27 -20 -9.06 -7.55 -26 -167 -7.34
Purchase of Property, Plant & Equipment
-7.29 -25 -11 -9.02 -7.41 -19 -12 -9.29 -7.71 -18 -8.31
Acquisitions
0.00 -67 -68 0.02 -18 - -0.43 0.49 -19 -149 -
Sale of Property, Plant & Equipment
4.61 0.35 2.84 0.24 0.37 -0.57 3.24 1.26 0.68 0.53 0.96
Other Investing Activities, net
0.00 - -1.00 -1.56 -1.50 - - - 0.00 - -
Net Cash From Financing Activities
-13 -8.91 -5.71 80 -34 -78 -74 -61 -7.05 80 -53
Net Cash From Continuing Financing Activities
-13 -8.91 -5.71 80 -34 -78 -74 -61 -7.05 80 -53
Repayment of Debt
-7.09 -3.02 0.58 -705 -145 -192 -244 -151 -190 -227 -280
Payment of Dividends
-6.03 -5.89 -6.28 -4.86 -3.64 -5.24 -4.65 -3.05 -4.28 -4.49 -4.04
Issuance of Debt
0.00 - - 790 115 119 175 93 187 310 231
Other Net Changes in Cash
22 - - - - - - - - - -

Annual Balance Sheets for ESAB

This table presents ESAB's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Total Assets
4,034 3,829 3,754 3,461
Total Current Assets
1,148 998 989 964
Cash & Equivalents
249 102 72 41
Accounts Receivable
370 385 374 383
Inventories, net
404 393 417 420
Prepaid Expenses
56 62 57 52
Other Current Assets
69 56 69 67
Plant, Property, & Equipment, net
298 294 284 286
Total Noncurrent Assets
2,587 2,537 2,481 2,211
Goodwill
1,652 1,588 1,530 1,533
Intangible Assets
488 500 517 521
Other Noncurrent Operating Assets
447 449 434 156
Total Liabilities & Shareholders' Equity
4,034 3,829 3,754 3,461
Total Liabilities
2,226 2,181 2,366 960
Total Current Liabilities
632 620 602 597
Short-Term Debt
15 0.00 - -
Accounts Payable
318 307 316 345
Accrued Expenses
299 313 285 251
Total Noncurrent Liabilities
1,594 1,561 1,764 363
Long-Term Debt
1,061 1,018 1,219 0.00
Other Noncurrent Operating Liabilities
533 543 545 363
Total Equity & Noncontrolling Interests
1,808 1,648 1,388 2,502
Total Preferred & Common Equity
1,769 1,607 1,350 2,461
Total Common Equity
1,769 1,607 1,350 2,461
Common Stock
1,901 1,881 1,866 0.00
Retained Earnings
597 351 159 0.00
Accumulated Other Comprehensive Income / (Loss)
-730 -624 -675 -461
Noncontrolling Interest
39 40 38 41

Quarterly Balance Sheets for ESAB

This table presents ESAB's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023
Period end date 4/4/2025 9/27/2024 6/28/2024 3/29/2024 9/29/2023 6/30/2023 3/31/2023
Total Assets
4,218 4,085 3,967 3,827 3,756 3,863 3,849
Total Current Assets
1,286 1,222 1,213 1,043 1,030 1,072 1,061
Cash & Equivalents
291 254 228 76 83 74 82
Accounts Receivable
415 421 431 430 388 413 404
Inventories, net
451 423 427 406 426 447 448
Prepaid Expenses
57 59 63 60 63 69 56
Other Current Assets
72 66 63 70 70 68 70
Plant, Property, & Equipment, net
307 296 287 290 276 282 284
Total Noncurrent Assets
2,624 2,567 2,467 2,494 2,450 2,509 2,505
Goodwill
1,685 1,668 1,584 1,587 1,554 1,586 1,564
Intangible Assets
503 500 477 484 491 505 518
Other Noncurrent Operating Assets
436 399 407 423 405 418 422
Total Liabilities & Shareholders' Equity
4,218 4,085 3,967 3,827 3,756 3,863 3,849
Total Liabilities
2,267 2,207 2,218 2,145 2,215 2,316 2,391
Total Current Liabilities
672 637 651 631 610 618 630
Short-Term Debt
18 - - - - - -
Accounts Payable
350 320 350 338 303 333 355
Accrued Expenses
305 317 301 293 308 285 275
Total Noncurrent Liabilities
1,595 1,570 1,567 1,514 1,605 1,698 1,760
Long-Term Debt
1,056 1,080 1,080 993 1,089 1,159 1,217
Other Noncurrent Operating Liabilities
539 490 487 521 515 539 544
Total Equity & Noncontrolling Interests
1,950 1,878 1,749 1,682 1,541 1,547 1,458
Total Preferred & Common Equity
1,910 1,837 1,708 1,641 1,501 1,506 1,420
Total Common Equity
1,910 1,837 1,708 1,641 1,501 1,506 1,420
Common Stock
1,902 1,894 1,886 1,882 1,876 1,873 1,868
Retained Earnings
660 548 485 407 304 250 188
Accumulated Other Comprehensive Income / (Loss)
-652 -605 -663 -648 -680 -617 -637
Noncontrolling Interest
41 41 41 42 40 40 39

Annual Metrics And Ratios for ESAB

This table displays calculated financial ratios and metrics derived from ESAB's official financial filings.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Growth Metrics
- - - - -
Revenue Growth
-1.22% 6.99% 6.81% 24.51% 0.00%
EBITDA Growth
-8.77% 30.85% -7.28% 41.69% 0.00%
EBIT Growth
-8.35% 34.61% -5.90% 57.87% 0.00%
NOPAT Growth
25.13% 11.71% 10.57% 45.91% 0.00%
Net Income Growth
28.30% -7.45% -4.47% 49.30% 0.00%
EPS Growth
28.27% -8.94% -5.87% 49.62% 0.00%
Operating Cash Flow Growth
7.54% 54.18% -14.51% -18.90% 0.00%
Free Cash Flow Firm Growth
11.33% 42.30% 108.01% 0.00% 0.00%
Invested Capital Growth
2.77% 1.13% 3.03% 0.00% 0.00%
Revenue Q/Q Growth
-0.67% 0.92% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
-13.89% 5.69% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
-15.77% 6.63% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
1.39% 2.39% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
1.30% -4.87% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.94% -4.55% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
1.28% 10.33% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
47.05% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
-2.57% 0.63% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - -
Gross Margin
37.85% 36.61% 34.14% 34.51% 35.00%
EBITDA Margin
15.95% 17.27% 14.12% 16.27% 14.30%
Operating Margin
16.33% 14.57% 12.69% 12.61% 10.37%
EBIT Margin
13.51% 14.57% 11.58% 13.14% 10.37%
Profit (Net Income) Margin
9.88% 7.61% 8.79% 9.83% 8.20%
Tax Burden Percent
73.10% 66.13% 75.94% 74.80% 77.67%
Interest Burden Percent
100.00% 78.95% 100.00% 100.00% 101.84%
Effective Tax Rate
20.88% 30.00% 23.04% 25.20% 22.33%
Return on Invested Capital (ROIC)
13.62% 11.10% 10.14% 18.62% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
4.06% 4.13% 5.57% -28.12% 0.00%
Return on Net Nonoperating Assets (RNNOA)
2.05% 2.80% 1.58% 0.46% 0.00%
Return on Equity (ROE)
15.67% 13.90% 11.72% 19.08% 0.00%
Cash Return on Invested Capital (CROIC)
10.89% 9.97% 7.15% -181.38% 0.00%
Operating Return on Assets (OROA)
9.42% 10.66% 8.32% 9.22% 0.00%
Return on Assets (ROA)
6.89% 5.57% 6.32% 6.90% 0.00%
Return on Common Equity (ROCE)
15.31% 13.54% 11.48% 18.77% 0.00%
Return on Equity Simple (ROE_SIMPLE)
15.31% 13.13% 16.89% 9.70% 0.00%
Net Operating Profit after Tax (NOPAT)
354 283 253 229 157
NOPAT Margin
12.92% 10.20% 9.77% 9.43% 8.05%
Net Nonoperating Expense Percent (NNEP)
9.56% 6.97% 4.57% 46.74% 0.00%
Return On Investment Capital (ROIC_SIMPLE)
12.28% 10.61% 9.71% - -
Cost of Revenue to Revenue
62.15% 63.39% 65.86% 65.49% 65.00%
SG&A Expenses to Revenue
21.15% 21.17% 20.57% 21.12% 23.52%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
21.53% 22.04% 21.46% 21.90% 24.63%
Earnings before Interest and Taxes (EBIT)
370 404 300 319 202
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
437 479 366 395 279
Valuation Ratios
- - - - -
Price to Book Value (P/BV)
4.10 3.24 2.07 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
2.65 1.88 1.08 0.00 0.00
Price to Earnings (P/E)
27.38 25.36 12.51 0.00 0.00
Dividend Yield
0.25% 0.27% 0.32% 0.00% 0.00%
Earnings Yield
3.65% 3.94% 7.99% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
3.08 2.40 1.57 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
2.96 2.22 1.54 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
18.56 12.86 10.88 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
21.91 15.25 13.27 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
22.93 21.78 15.73 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
22.84 18.65 18.59 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
28.67 24.23 22.30 0.00 0.00
Leverage & Solvency
- - - - -
Debt to Equity
0.59 0.62 0.88 0.00 0.00
Long-Term Debt to Equity
0.59 0.62 0.88 0.00 0.00
Financial Leverage
0.50 0.68 0.28 -0.02 0.00
Leverage Ratio
2.28 2.50 1.85 1.38 0.00
Compound Leverage Factor
2.28 1.97 1.85 1.38 0.00
Debt to Total Capital
37.30% 38.19% 46.74% 0.00% 0.00%
Short-Term Debt to Total Capital
0.52% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
36.78% 38.19% 46.74% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
1.36% 1.51% 1.47% 1.64% 0.00%
Common Equity to Total Capital
61.34% 60.30% 51.79% 98.36% 0.00%
Debt to EBITDA
2.46 2.12 3.33 0.00 0.00
Net Debt to EBITDA
1.89 1.91 3.13 0.00 0.00
Long-Term Debt to EBITDA
2.43 2.12 3.33 0.00 0.00
Debt to NOPAT
3.04 3.60 4.81 0.00 0.00
Net Debt to NOPAT
2.33 3.24 4.53 0.00 0.00
Long-Term Debt to NOPAT
3.00 3.60 4.81 0.00 0.00
Altman Z-Score
3.30 2.75 1.85 0.00 0.00
Noncontrolling Interest Sharing Ratio
2.30% 2.59% 2.04% 1.64% 0.00%
Liquidity Ratios
- - - - -
Current Ratio
1.82 1.61 1.64 1.62 0.00
Quick Ratio
0.98 0.79 0.74 0.71 0.00
Cash Flow Metrics
- - - - -
Free Cash Flow to Firm (FCFF)
283 254 179 -2,231 0.00
Operating Cash Flow to CapEx
740.82% 758.40% 605.63% 825.34% 894.28%
Free Cash Flow to Firm to Interest Expense
0.00 2.99 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 3.88 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 3.37 0.00 0.00 0.00
Efficiency Ratios
- - - - -
Asset Turnover
0.70 0.73 0.72 0.70 0.00
Accounts Receivable Turnover
7.26 7.31 6.84 6.33 0.00
Inventory Turnover
4.28 4.34 4.08 3.79 0.00
Fixed Asset Turnover
9.25 9.59 9.09 8.48 0.00
Accounts Payable Turnover
5.45 5.65 5.16 4.60 0.00
Days Sales Outstanding (DSO)
50.31 49.96 53.33 57.65 0.00
Days Inventory Outstanding (DIO)
85.35 84.01 89.42 96.42 0.00
Days Payable Outstanding (DPO)
66.97 64.62 70.71 79.30 0.00
Cash Conversion Cycle (CCC)
68.68 69.34 72.04 74.77 0.00
Capital & Investment Metrics
- - - - -
Invested Capital
2,635 2,564 2,535 2,461 0.00
Invested Capital Turnover
1.05 1.09 1.04 1.97 0.00
Increase / (Decrease) in Invested Capital
71 29 75 2,461 0.00
Enterprise Value (EV)
8,116 6,162 3,985 0.00 0.00
Market Capitalization
7,250 5,206 2,800 0.00 0.00
Book Value per Share
$29.26 $26.67 $22.43 $0.00 $0.00
Tangible Book Value per Share
($6.14) ($7.97) ($11.57) $0.00 $0.00
Total Capital
2,884 2,666 2,607 2,502 0.00
Total Debt
1,076 1,018 1,219 0.00 0.00
Total Long-Term Debt
1,061 1,018 1,219 0.00 0.00
Net Debt
826 916 1,147 -41 0.00
Capital Expenditures (CapEx)
48 44 35 30 35
Debt-free, Cash-free Net Working Capital (DFCFNWC)
282 276 315 326 0.00
Debt-free Net Working Capital (DFNWC)
531 378 387 367 0.00
Net Working Capital (NWC)
516 378 387 367 0.00
Net Nonoperating Expense (NNE)
83 72 25 -9.63 -2.88
Net Nonoperating Obligations (NNO)
826 916 1,147 -41 0.00
Total Depreciation and Amortization (D&A)
67 75 66 76 77
Debt-free, Cash-free Net Working Capital to Revenue
10.29% 9.93% 12.15% 13.44% 0.00%
Debt-free Net Working Capital to Revenue
19.39% 13.61% 14.93% 15.13% 0.00%
Net Working Capital to Revenue
18.84% 13.61% 14.93% 15.13% 0.00%
Earnings Adjustments
- - - - -
Adjusted Basic Earnings per Share
$4.36 $3.39 $3.70 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
60.53M 60.34M 60.19M 0.00 0.00
Adjusted Diluted Earnings per Share
$4.31 $3.36 $3.69 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
60.53M 60.34M 60.19M 0.00 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
60.53M 60.34M 60.19M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)
362 300 271 243 174
Normalized NOPAT Margin
13.21% 10.80% 10.45% 10.02% 8.91%
Pre Tax Income Margin
13.51% 11.50% 11.58% 13.14% 10.56%
Debt Service Ratios
- - - - -
EBIT to Interest Expense
0.00 4.75 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 3.33 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 4.24 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 2.81 0.00 0.00 0.00
Payout Ratios
- - - - -
Dividend Payout Ratio
7.63% 8.16% 4.16% 1.56% 2.69%
Augmented Payout Ratio
7.63% 8.16% 4.16% 1.56% 2.69%

Quarterly Metrics And Ratios for ESAB

This table displays calculated financial ratios and metrics derived from ESAB's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 4/4/2025 12/31/2024 9/27/2024 6/28/2024 3/29/2024 12/31/2023 9/29/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-1.68% -2.70% -1.14% -1.86% 0.84% 3.80% 9.79% 8.96% 5.57% 0.00% 0.00%
EBITDA Growth
10.84% 5.36% 3.74% 7.57% -13.10% 71.13% 18.77% 33.89% 11.58% 0.00% 0.00%
EBIT Growth
11.52% 7.43% 4.81% 9.86% -10.21% 92.73% 19.99% 39.33% 7.71% 0.00% 0.00%
NOPAT Growth
0.17% 6.60% 10.76% 18.55% 96.61% 10.76% 25.16% 30.52% -25.07% 0.00% 0.00%
Net Income Growth
13.37% 6.76% 18.13% 25.51% 85.43% -17.34% 10.87% 19.99% -41.11% 0.00% 0.00%
EPS Growth
12.24% 4.82% 18.09% 26.17% 88.46% -16.16% 9.30% 17.58% -44.09% 0.00% 0.00%
Operating Cash Flow Growth
-20.37% 3.66% -5.90% 32.50% 16.81% 33.85% 35.06% 129.33% 136.60% 0.00% 0.00%
Free Cash Flow Firm Growth
-161.02% -72.46% 97.08% 193.85% 103.13% 0.00% 0.00% 94.12% 0.00% 0.00% 0.00%
Invested Capital Growth
5.17% 2.77% 6.15% -1.17% 0.22% 1.13% 0.00% 9.18% 0.00% 0.00% 0.00%
Revenue Q/Q Growth
1.10% -0.37% -4.78% 2.51% 0.06% 1.23% -5.47% 5.32% 2.99% 7.07% -6.19%
EBITDA Q/Q Growth
-0.67% 4.12% -9.41% 38.96% -19.62% 2.52% -6.06% 12.26% 58.29% -28.85% 5.90%
EBIT Q/Q Growth
-1.42% 5.10% -11.18% 46.62% -21.51% 2.54% -6.90% 19.83% 68.47% -36.16% 8.11%
NOPAT Q/Q Growth
0.77% 0.56% -14.38% 15.45% 7.24% 4.49% -8.37% 91.48% -39.58% 18.07% -4.44%
Net Income Q/Q Growth
27.08% -21.31% -17.23% 36.98% 19.67% -12.93% -12.06% 102.38% -46.66% 16.79% -4.83%
EPS Q/Q Growth
26.44% -21.62% -17.78% 37.76% 18.07% -11.70% -12.15% 105.77% -47.47% 15.12% -5.49%
Operating Cash Flow Q/Q Growth
-72.09% 25.57% 21.71% 86.69% -63.67% 13.99% 71.38% 64.59% -58.37% 15.02% 191.00%
Free Cash Flow Firm Q/Q Growth
-446.55% 119.51% -155.69% 62.05% 56.42% 102.07% -1,690.91% 94.59% 0.00% 0.00% 100.00%
Invested Capital Q/Q Growth
3.74% -2.57% 3.99% 0.07% 1.36% 0.63% -3.18% 1.48% 2.29% 0.00% -100.00%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
37.63% 38.51% 37.70% 38.23% 36.97% 36.95% 36.67% 36.63% 36.17% 33.79% 33.75%
EBITDA Margin
18.78% 19.11% 18.29% 19.22% 14.18% 17.65% 17.43% 17.54% 16.45% 10.71% 16.11%
Operating Margin
16.20% 16.61% 15.75% 16.88% 16.04% 15.05% 14.85% 15.08% 13.25% 11.83% 13.06%
EBIT Margin
16.20% 16.61% 15.75% 16.88% 11.80% 15.05% 14.85% 15.08% 13.25% 8.10% 13.59%
Profit (Net Income) Margin
10.30% 8.19% 10.37% 11.93% 8.93% 7.47% 8.68% 9.33% 4.86% 9.38% 8.60%
Tax Burden Percent
75.04% 56.97% 78.36% 81.58% 75.66% 66.44% 73.30% 74.84% 46.68% 94.38% 73.92%
Interest Burden Percent
84.72% 86.57% 84.06% 86.64% 100.00% 74.70% 79.73% 82.68% 78.48% 122.60% 85.57%
Effective Tax Rate
22.03% 23.72% 20.28% 17.29% 22.73% 23.13% 24.56% 23.35% 52.03% 8.40% 24.73%
Return on Invested Capital (ROIC)
12.93% 13.36% 13.19% 14.77% 13.28% 12.59% 24.19% 12.33% 12.89% 11.09% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
11.07% 9.91% 11.59% 13.29% 10.95% 9.85% 20.77% 10.88% 11.08% 10.24% 0.00%
Return on Net Nonoperating Assets (RNNOA)
5.18% 5.00% 6.21% 7.80% 7.15% 6.69% 13.56% 8.51% 8.63% 8.46% 0.00%
Return on Equity (ROE)
18.11% 18.36% 19.41% 22.57% 20.43% 19.28% 37.75% 20.84% 21.52% 19.55% 0.00%
Cash Return on Invested Capital (CROIC)
8.23% 10.89% 7.33% 14.21% 12.29% 9.97% 0.00% 0.00% 0.00% 7.05% 0.00%
Operating Return on Assets (OROA)
10.99% 11.58% 11.08% 11.93% 8.55% 11.01% 21.75% 10.76% 9.06% 5.83% 0.00%
Return on Assets (ROA)
6.99% 5.71% 7.30% 8.43% 6.47% 5.46% 12.71% 6.66% 3.32% 6.74% 0.00%
Return on Common Equity (ROCE)
17.70% 17.94% 18.95% 22.01% 19.90% 18.78% 36.76% 20.25% 20.95% 19.15% 0.00%
Return on Equity Simple (ROE_SIMPLE)
14.61% 0.00% 14.55% 15.02% 14.59% 0.00% 14.78% 14.34% 14.43% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
86 85 85 99 86 80 76 83 43 72 61
NOPAT Margin
12.63% 12.67% 12.55% 13.96% 12.40% 11.57% 11.20% 11.56% 6.36% 10.84% 9.83%
Net Nonoperating Expense Percent (NNEP)
1.86% 3.45% 1.60% 1.48% 2.33% 2.74% 3.42% 1.45% 1.81% 0.85% 0.00%
Return On Investment Capital (ROIC_SIMPLE)
2.83% 2.95% - - - 2.99% - - - 2.76% -
Cost of Revenue to Revenue
62.37% 61.49% 62.30% 61.77% 63.03% 63.05% 63.33% 63.37% 63.83% 66.21% 66.25%
SG&A Expenses to Revenue
20.77% 21.65% 21.67% 20.68% 20.65% 20.98% 21.36% 20.84% 21.53% 20.98% 19.62%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
21.43% 21.90% 21.95% 21.35% 20.93% 21.91% 21.82% 21.55% 22.91% 21.96% 20.69%
Earnings before Interest and Taxes (EBIT)
110 111 106 119 81 104 101 109 91 54 84
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
127 128 123 136 98 122 119 126 113 71 100
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
3.39 4.10 3.50 3.34 4.06 3.24 2.81 2.65 2.50 2.07 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
2.38 2.65 2.33 2.06 2.40 1.88 1.53 1.49 1.35 1.08 0.00
Price to Earnings (P/E)
23.81 27.38 24.63 22.76 28.57 25.36 19.56 18.98 17.69 12.51 0.00
Dividend Yield
0.30% 0.25% 0.26% 0.28% 0.22% 0.27% 0.31% 0.32% 0.34% 0.32% 0.30%
Earnings Yield
4.20% 3.65% 4.06% 4.39% 3.50% 3.94% 5.11% 5.27% 5.65% 7.99% 0.00%
Enterprise Value to Invested Capital (EV/IC)
2.67 3.08 2.70 2.54 2.93 2.40 2.07 1.95 1.82 1.57 0.00
Enterprise Value to Revenue (EV/Rev)
2.68 2.96 2.65 2.38 2.74 2.22 1.92 1.90 1.79 1.54 0.00
Enterprise Value to EBITDA (EV/EBITDA)
14.20 18.56 14.39 13.11 15.44 12.86 11.62 11.87 11.58 10.88 0.00
Enterprise Value to EBIT (EV/EBIT)
16.36 21.91 16.61 15.17 17.97 15.25 13.89 14.27 14.03 13.27 0.00
Enterprise Value to NOPAT (EV/NOPAT)
20.65 22.93 20.92 19.36 23.48 21.78 19.06 19.60 19.49 15.73 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
21.10 22.84 20.82 18.47 22.63 18.65 17.58 18.85 19.95 18.59 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
33.29 28.67 37.94 17.75 23.89 24.23 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.55 0.59 0.58 0.62 0.59 0.62 0.71 0.75 0.83 0.88 0.00
Long-Term Debt to Equity
0.54 0.59 0.58 0.62 0.59 0.62 0.71 0.75 0.83 0.88 0.00
Financial Leverage
0.47 0.50 0.54 0.59 0.65 0.68 0.65 0.78 0.78 0.83 0.00
Leverage Ratio
2.21 2.28 2.29 2.38 2.44 2.50 2.44 2.66 2.64 1.85 0.00
Compound Leverage Factor
1.88 1.97 1.93 2.06 2.44 1.87 1.94 2.20 2.07 2.27 0.00
Debt to Total Capital
35.51% 37.30% 36.52% 38.16% 37.11% 38.19% 41.41% 42.84% 45.49% 46.74% 0.00%
Short-Term Debt to Total Capital
0.59% 0.52% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
34.93% 36.78% 36.52% 38.16% 37.11% 38.19% 41.41% 42.84% 45.49% 46.74% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
1.34% 1.36% 1.37% 1.47% 1.55% 1.51% 1.53% 1.49% 1.45% 1.47% 0.00%
Common Equity to Total Capital
63.14% 61.34% 62.11% 60.37% 61.33% 60.30% 57.06% 55.67% 53.07% 51.79% 0.00%
Debt to EBITDA
2.09 2.46 2.13 2.15 2.01 2.12 2.40 2.69 2.99 3.33 0.00
Net Debt to EBITDA
1.52 1.89 1.63 1.69 1.86 1.91 2.22 2.51 2.79 3.13 0.00
Long-Term Debt to EBITDA
2.05 2.43 2.13 2.15 2.01 2.12 2.40 2.69 2.99 3.33 0.00
Debt to NOPAT
3.04 3.04 3.09 3.17 3.06 3.60 3.94 4.44 5.03 4.81 0.00
Net Debt to NOPAT
2.21 2.33 2.37 2.50 2.82 3.24 3.64 4.15 4.69 4.53 0.00
Long-Term Debt to NOPAT
2.98 3.00 3.09 3.17 3.06 3.60 3.94 4.44 5.03 4.81 0.00
Altman Z-Score
2.84 3.09 2.87 2.68 2.94 2.49 2.21 2.06 1.85 1.63 0.00
Noncontrolling Interest Sharing Ratio
2.26% 2.30% 2.37% 2.48% 2.56% 2.59% 2.61% 2.83% 2.65% 2.04% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.91 1.82 1.92 1.86 1.65 1.61 1.69 1.73 1.68 1.64 0.00
Quick Ratio
1.05 0.98 1.06 1.01 0.80 0.79 0.77 0.79 0.77 0.74 0.00
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-49 14 -72 130 80 51 -2,471 -138 -2,550 0.00 0.00
Operating Cash Flow to CapEx
1,316.85% 520.94% 1,297.05% 945.19% 631.10% 615.55% 1,244.10% 779.76% 541.65% 516.04% 1,083.03%
Free Cash Flow to Firm to Interest Expense
-2.91 0.00 -4.27 8.12 0.00 1.95 -120.54 -7.33 -130.68 0.00 0.00
Operating Cash Flow to Interest Expense
2.11 0.00 5.98 5.21 0.00 4.66 5.24 3.33 1.95 0.00 6.54
Operating Cash Flow Less CapEx to Interest Expense
1.95 0.00 5.52 4.66 0.00 3.91 4.82 2.90 1.59 0.00 5.93
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.68 0.70 0.70 0.71 0.72 0.73 1.46 0.71 0.68 0.72 0.00
Accounts Receivable Turnover
6.46 7.26 6.82 6.56 6.67 7.31 0.00 6.75 6.51 6.84 0.00
Inventory Turnover
3.95 4.28 4.07 3.98 4.12 4.34 0.00 3.79 3.84 4.08 0.00
Fixed Asset Turnover
9.13 9.25 9.64 9.73 9.68 9.59 0.00 9.64 9.27 9.09 0.00
Accounts Payable Turnover
4.92 5.45 5.54 5.09 5.07 5.65 0.00 5.03 4.84 5.16 0.00
Days Sales Outstanding (DSO)
56.50 50.31 53.53 55.66 54.76 49.96 0.00 54.09 56.10 53.33 0.00
Days Inventory Outstanding (DIO)
92.39 85.35 89.72 91.79 88.69 84.01 0.00 96.40 95.09 89.42 0.00
Days Payable Outstanding (DPO)
74.24 66.97 65.88 71.78 72.05 64.62 0.00 72.54 75.36 70.71 0.00
Cash Conversion Cycle (CCC)
74.65 68.68 77.38 75.67 71.40 69.34 0.00 77.95 75.82 72.04 0.00
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
2,733 2,635 2,704 2,601 2,599 2,564 2,548 2,631 2,593 2,535 0.00
Invested Capital Turnover
1.02 1.05 1.05 1.06 1.07 1.09 2.16 1.07 2.03 1.02 0.00
Increase / (Decrease) in Invested Capital
134 71 157 -31 5.58 29 2,548 221 2,593 0.00 0.00
Enterprise Value (EV)
7,307 8,116 7,305 6,598 7,624 6,162 5,266 5,120 4,715 3,985 1,992
Market Capitalization
6,483 7,250 6,438 5,706 6,666 5,206 4,219 3,995 3,542 2,800 1,992
Book Value per Share
$31.55 $29.26 $30.40 $28.27 $27.19 $26.67 $24.91 $25.01 $23.58 $22.43 $0.00
Tangible Book Value per Share
($4.59) ($6.14) ($5.47) ($5.83) ($7.13) ($7.97) ($9.04) ($9.71) ($11.02) ($11.57) $0.00
Total Capital
3,024 2,884 2,958 2,829 2,675 2,666 2,630 2,706 2,675 2,607 0.00
Total Debt
1,074 1,076 1,080 1,080 993 1,018 1,089 1,159 1,217 1,219 0.00
Total Long-Term Debt
1,056 1,061 1,080 1,080 993 1,018 1,089 1,159 1,217 1,219 0.00
Net Debt
783 826 827 851 916 916 1,006 1,085 1,135 1,147 0.00
Capital Expenditures (CapEx)
2.69 24 7.79 8.78 7.05 20 8.63 8.04 7.03 18 7.34
Debt-free, Cash-free Net Working Capital (DFCFNWC)
340 282 331 333 335 276 337 379 348 315 0.00
Debt-free Net Working Capital (DFNWC)
632 531 584 561 411 378 419 453 430 387 0.00
Net Working Capital (NWC)
614 516 584 561 411 378 419 453 430 387 0.00
Net Nonoperating Expense (NNE)
16 30 15 14 24 28 17 16 10 9.71 7.65
Net Nonoperating Obligations (NNO)
783 826 827 851 916 916 1,006 1,085 1,135 1,147 0.00
Total Depreciation and Amortization (D&A)
17 17 17 17 16 18 18 18 22 17 16
Debt-free, Cash-free Net Working Capital to Revenue
12.47% 10.29% 11.99% 12.03% 12.05% 9.93% 12.24% 14.09% 13.24% 12.15% 0.00%
Debt-free Net Working Capital to Revenue
23.15% 19.39% 21.18% 20.29% 14.80% 13.61% 15.25% 16.86% 16.36% 14.93% 0.00%
Net Working Capital to Revenue
22.50% 18.84% 21.18% 20.29% 14.80% 13.61% 15.25% 16.86% 16.36% 14.93% 0.00%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.10 $0.89 $1.12 $1.36 $0.99 $0.84 $0.95 $1.08 $0.52 $0.99 $0.00
Adjusted Weighted Average Basic Shares Outstanding
60.62M 60.53M 60.45M 60.44M 60.42M 60.34M 60.27M 60.26M 60.22M 60.19M 0.00
Adjusted Diluted Earnings per Share
$1.10 $0.87 $1.11 $1.35 $0.98 $0.83 $0.94 $1.07 $0.52 $0.99 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
60.62M 60.53M 60.45M 60.44M 60.42M 60.34M 60.27M 60.26M 60.22M 60.19M 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
60.62M 60.53M 60.45M 60.44M 60.42M 60.34M 60.27M 60.26M 60.22M 60.19M 0.00
Normalized Net Operating Profit after Tax (NOPAT)
89 86 86 103 87 85 79 87 70 78 66
Normalized NOPAT Margin
13.15% 12.86% 12.78% 14.52% 12.61% 12.28% 11.55% 12.11% 10.24% 11.73% 10.64%
Pre Tax Income Margin
13.72% 14.38% 13.24% 14.63% 11.80% 11.24% 11.84% 12.47% 10.40% 9.94% 11.63%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
6.55 0.00 6.28 7.49 0.00 3.95 4.93 5.77 4.65 0.00 6.93
NOPAT to Interest Expense
5.10 0.00 5.00 6.19 0.00 3.04 3.72 4.42 2.23 0.00 5.01
EBIT Less CapEx to Interest Expense
6.39 0.00 5.81 6.94 0.00 3.19 4.51 5.35 4.29 0.00 6.33
NOPAT Less CapEx to Interest Expense
4.94 0.00 4.54 5.64 0.00 2.28 3.30 4.00 1.87 0.00 4.41
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
8.27% 7.63% 7.49% 7.17% 6.92% 8.16% 7.42% 7.35% 6.26% 4.16% 0.00%
Augmented Payout Ratio
8.27% 7.63% 7.49% 7.17% 6.92% 8.16% 7.42% 7.35% 6.26% 4.16% 0.00%

Frequently Asked Questions About ESAB's Financials

When does ESAB's financial year end?

According to the most recent income statement we have on file, ESAB's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has ESAB's net income changed over the last 4 years?

ESAB's net income appears to be on an upward trend, with a most recent value of $270.75 million in 2024, rising from $159.87 million in 2020. The previous period was $211.02 million in 2023. Check out ESAB's forecast to explore projected trends and price targets.

What is ESAB's operating income?
ESAB's total operating income in 2024 was $447.45 million, based on the following breakdown:
  • Total Gross Profit: $1.04 billion
  • Total Operating Expenses: $590.01 million
How has ESAB revenue changed over the last 4 years?

Over the last 4 years, ESAB's total revenue changed from $1.95 billion in 2020 to $2.74 billion in 2024, a change of 40.5%.

How much debt does ESAB have?

ESAB's total liabilities were at $2.23 billion at the end of 2024, a 2.1% increase from 2023, and a 132.0% increase since 2021.

How much cash does ESAB have?

In the past 3 years, ESAB's cash and equivalents has ranged from $41.21 million in 2021 to $249.36 million in 2024, and is currently $249.36 million as of their latest financial filing in 2024.

How has ESAB's book value per share changed over the last 4 years?

Over the last 4 years, ESAB's book value per share changed from 0.00 in 2020 to 29.26 in 2024, a change of 2,926.5%.



This page (NYSE:ESAB) was last updated on 5/21/2025 by MarketBeat.com Staff
From Our Partners