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ESAB Financials Esab Corp

6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 7.8% per year over the past 5 years.
  • Net income has grown in line with revenue (7.6% vs 7.8% per year).
  • Operating margin has expanded, at 14.5% in the latest year.
  • Free cash flow has declined 4.5% per year over the past 5 years.

Financial health

  • Total debt ($1.2B) exceeds cash ($186M); net debt is $1.0B.
  • Total debt is 2.5× EBITDA.

Shareholder returns

  • Dividends have been paid for 4 consecutive years, consuming 9.7% of earnings and 10.3% of free cash flow.
Revenue & net income
$0 $1B $3B 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
0% 19% 38% 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $152M $304M 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $616M $1B 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$480M -$62M $355M $0 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $2.8B $227M 36.9% 14.5% $213M $1.2B $186M
2024 $2.7B $265M 37.9% 16.3% $304M $1.1B $249M
2023 $2.8B $205M 36.6% 14.6% $282M $1.0B $102M
2022 $2.6B $224M 34.1% 12.7% $174M $1.2B $72M
2021 $2.4B $235M 34.5% 12.6% $215M $0 $41M
2020 $2.0B $157M 35.0% 10.4% $269M

Valuation over time

How the market has priced ESAB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 19.2 38.3 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 1.5 3.0 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 0.2 0.4 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is ESAB growing its revenue and profit?

Over the past 5 years, Esab Corp's revenue has grown 7.8% per year, and net income grown 7.6% per year. These are computed facts, not advice.

How much debt does ESAB have?

As of FY2025, Esab Corp reported $1.2B of total debt against $186M of cash.

What is ESAB's profit margin?

In FY2025, gross margin was 36.9%, operating margin 14.5%, and net margin 8.0%.

What is ESAB's P/E ratio?

As of Jun '26, Esab Corp traded at a price-to-earnings ratio of about 26.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.