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
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
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
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Apr '26
$746M
$48M
36.9%
12.1%
$33M
$2.0B
$1.0B
Dec '25
$721M
$38M
35.8%
12.0%
$77M
$1.2B
$186M
Oct '25
$728M
$55M
37.0%
14.6%
$70M
$1.3B
$218M
Jul '25
$716M
$67M
37.2%
15.2%
$37M
$1.1B
$258M
Apr '25
$678M
$67M
37.6%
16.2%
$28M
$1.1B
$291M
Dec '24
$671M
$54M
38.5%
16.6%
$102M
$1.1B
$249M
Sep '24
$673M
$68M
37.7%
15.7%
$90M
$1.1B
$254M
Jun '24
$707M
$83M
38.2%
16.9%
$74M
$1.1B
$228M
Mar '24
$690M
$60M
37.0%
16.0%
$37M
$993M
$76M
Dec '23
$689M
$50M
37.0%
15.0%
$103M
$1.0B
$102M
Sep '23
$681M
$58M
36.7%
14.9%
$96M
$1.1B
$83M
Jun '23
$720M
$66M
36.6%
15.1%
$53M
$1.2B
$74M
Mar '23
$684M
$32M
36.2%
13.3%
$30M
$1.2B
$82M
Dec '22
$664M
$61M
33.8%
11.8%
$73M
$1.2B
$72M
Sep '22
$620M
$52M
33.7%
13.1%
$71M
$1.1B
$61M
Jul '22
$661M
$55M
34.4%
13.0%
$20M
$1.2B
$53M
Apr '22
$648M
$55M
34.6%
12.9%
$10M
—
$57M
Dec '21
$624M
$39M
34.1%
11.7%
$42M
$0
$41M
Oct '21
$606M
$61M
34.2%
13.0%
$61M
—
—
Jul '21
$630M
$77M
34.7%
13.1%
$54M
—
—
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.
The price-to-earnings ratio has risen from 16.1× (Mar '23) to 26.5× (Jun '26).
The price-to-sales ratio has risen from 1.4× (Mar '23) to 2.1× (Jun '26).
The dividend yield has risen from 0.2% (Mar '23) to 0.4% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
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.