ESAB
$65.19+1.05%
ESAB CorporationStock · IndustrialsRussell 1000 · 0.008% of IWBUS Stock Market · 0.008% of VTIRussell 3000 · 0.008% of IWV
ESAB financial statements
The full income statement, balance sheet, and cash-flow statement for ESAB Corporation (ESAB), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 60.4M2024-09 60.4M2024-12 60.5M2025-04 60.6M2025-07 60.7M2025-10 60.7M2025-12 60.7M2026-04 60.9M2026-07 62.2M+2.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 2.84B+3.7% | 2.74B-1.2% | 2.77B+7.0% | 2.59B+6.8% | 2.43B+24.5% | |
| 1.05B+1.0% | 1.04B+2.1% | 1.02B+14.7% | 886M+5.7% | 838M+22.8% | ||
| Cost of revenue | 1.79B+5.3% | 1.70B-3.2% | 1.76B+3.0% | 1.71B+7.4% | 1.59B+25.4% | |
| 145M-10.8% | 162M-3.8% | 169M+19.7% | 141M | — | ||
| Research & development | 44.0M+12.2% | 39.2M+1.0% | 38.8M+7.8% | 36.0M-9.3% | 39.7M+14.1% | |
| Selling, general & administrative | 608M+4.9% | 580M-1.3% | 587M+10.1% | 533M+4.0% | 513M+11.8% | |
| Restructuring | 27.8M+171.4% | 10.2M-57.6% | 24.1M+4.4% | 23.1M+21.9% | 19.0M-12.4% | |
| Amortization of intangibles | 43.3M+20.3% | 36.0M-9.3% | 39.7M+11.5% | 35.6M-15.4% | 42.1M+0.7% | |
| Operating income | 412M-7.9% | 447M+10.7% | 404M+22.8% | 329M+7.5% | 306M+51.5% | |
| Interest & investment income | — | — | 8.70M+1142.9% | 700K | — | |
| Pre-tax income | 328M-11.4% | 370M+16.1% | 319M+6.3% | 300M-5.9% | 319M+55.0% | |
| Income tax | 69.2M-10.6% | 77.3M-19.2% | 95.7M+38.4% | 69.2M-14.0% | 80.4M+74.9% | |
| 227M-14.4% | 265M+29.0% | 205M-8.3% | 224M-4.8% | 235M+49.4% | ||
| Income from continuing operations | 253M-12.0% | 287M+31.9% | 218M-4.1% | 227M-3.5% | 235M+47.1% | |
| Discontinued operations | -25.9M-16.0% | -22.3M-80.8% | -12.3M-302.2% | -3.07M | 0.00 | |
| Net income to non-controlling interest | 6.47M+9.5% | 5.91M+2.9% | 5.74M+34.5% | 4.27M+19.5% | 3.57M+45.4% | |
| Net income to common | 251M-12.0% | 286M+32.3% | 216M-4.1% | 225M-4.2% | 235M+49.4% | |
| $3.67-14.8% | $4.31+28.3% | $3.36-8.9% | $3.69-5.9% | $3.92+49.6% | ||
| EPS (basic) | $3.71-14.9% | $4.36+28.6% | $3.39-8.4% | $3.70-5.6% | $3.92+49.6% | |
| Weighted-avg shares (basic) | 60.7M+0.4% | 60.4M+0.3% | 60.2M+0.3% | 60.1M+0.0% | 60.0M+0.0% | |
| Weighted-avg shares (diluted) | 61.3M+0.3% | 61.1M+0.7% | 60.7M+0.8% | 60.2M+0.2% | 60.0M+0.0% | |
| Dividends per share | $0.38+26.7% | $0.30+30.4% | $0.23+53.3% | $0.15 | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.26B+9.9% | 1.15B+15.1% | 998M+0.9% | 989M+2.6% | 964M | ||
| Cash & equivalents | 186M-25.5% | 249M+144.5% | 102M+41.6% | 72.0M+74.8% | 41.2M-16.3% | |
| Accounts receivable | 451M+21.9% | 370M-3.9% | 385M+2.9% | 374M-2.4% | 383M | |
| Inventory | 482M+19.3% | 404M+2.8% | 393M-5.8% | 417M-0.8% | 420M | |
| Prepaid expenses | 66.1M+18.8% | 55.7M-9.9% | 61.8M+9.1% | 56.6M+9.0% | 51.9M | |
| Other current assets | 76.9M+10.9% | 69.3M+24.0% | 55.9M-18.8% | 68.9M+2.2% | 67.4M | |
| 4.77B+18.1% | 4.03B+5.4% | 3.83B+2.0% | 3.75B+8.5% | 3.46B | ||
| Property, plant & equipment | 382M+28.0% | 298M+1.4% | 294M+3.5% | 284M-0.7% | 286M | |
| Operating lease right-of-use | 113M+26.1% | 89.9M-6.0% | 95.6M+3.9% | 92.0M-14.7% | 108M | |
| Goodwill | 1.95B+18.0% | 1.65B+4.0% | 1.59B+3.8% | 1.53B-0.2% | 1.53B-1.3% | |
| Intangible assets | 673M+37.9% | 488M-2.3% | 500M-3.4% | 517M-0.8% | 521M | |
| Other non-current assets | 386M+8.1% | 357M+1.2% | 353M+3.2% | 342M+604.9% | 48.5M | |
| 665M+5.2% | 632M+1.9% | 620M+3.1% | 602M+0.8% | 597M | ||
| Accounts payable | 360M+13.2% | 318M+3.9% | 307M-3.1% | 316M-8.5% | 345M | |
| Accrued liabilities | 302M+1.1% | 299M-4.8% | 313M+9.9% | 285M+13.6% | 251M | |
| Deferred revenue | 19.7M-25.5% | 26.4M-15.5% | 31.2M+20.7% | 25.9M+16.3% | 22.3M | |
| Short-term & current debt | 2.41M-83.9% | 15.0M | 0.00 | — | — | |
| Current lease liability | 22.1M+2.9% | 21.5M-5.9% | 22.8M+22.1% | 18.7M-8.8% | 20.5M | |
| 2.55B+14.8% | 2.23B+2.1% | 2.18B-7.8% | 2.37B+146.5% | 960M | ||
| Long-term debt | 1.23B+16.2% | 1.06B+4.2% | 1.02B-16.5% | 1.22B | 0.00 | |
| Deferred revenue (non-current) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-current lease liability | 88.1M+33.5% | 66.0M-13.8% | 76.6M+0.6% | 76.2M-14.2% | 88.8M | |
| Operating lease liability (total) | 110M+26.0% | 87.5M-12.0% | 99.4M+4.8% | 94.8M | — | |
| Deferred tax liabilities | 183M+20.6% | 152M+4.8% | 145M-10.4% | 162M-20.7% | 204M | |
| Other non-current liabilities | 657M+23.3% | 533M-1.8% | 543M-0.5% | 545M+50.3% | 363M | |
| 2.17B+22.4% | 1.77B+10.1% | 1.61B+19.0% | 1.35B-45.1% | 2.46B-3.3% | ||
| Preferred stock | 0.00 | — | — | — | — | |
| Common stock | 61.0K+0.0% | 61.0K+1.7% | 60.0K+0.0% | 60.0K | 0.00 | |
| Additional paid-in capital | 1.90B+0.2% | 1.90B+1.1% | 1.88B+0.8% | 1.87B | 0.00 | |
| Retained earnings | 801M+34.1% | 597M+70.4% | 351M+120.2% | 159M | 0.00 | |
| Accumulated other comprehensive income | -540M+26.0% | -730M-16.9% | -624M+7.5% | -675M-46.5% | -461M | |
| Non-controlling interest | 45.5M+15.9% | 39.2M-2.5% | 40.3M+5.2% | 38.3M-6.7% | 41.0M | |
| Total equity incl. non-controlling | 2.21B+22.3% | 1.81B+9.7% | 1.65B+18.7% | 1.39B-44.5% | 2.50B-1.7% | |
| Total liabilities & equity | 4.77B+18.1% | 4.03B+5.4% | 3.83B+2.0% | 3.75B+8.5% | 3.46B | |
| Common shares issued | 60.7M+0.3% | 60.5M+0.4% | 60.3M+0.3% | 60.1M | — | |
| Common shares outstanding | 60.7M+0.3% | 60.5M+0.4% | 60.3M+0.3% | 60.1M | — | |
| Shares outstanding (cover) | 60.7M+0.3% | 60.5M+0.3% | 60.3M+0.2% | 60.2M | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 261M-26.7% | 355M+7.5% | 330M+54.2% | 214M-14.5% | 251M-18.9% | ||
| Depreciation & amortization | 84.1M+25.9% | 66.8M-11.0% | 75.0M+13.7% | 66.0M-13.1% | 75.9M-1.0% | |
| Intangible amortization | 43.3M+20.3% | 36.0M-9.3% | 39.7M+11.5% | 35.6M-15.4% | 42.1M+0.7% | |
| Share-based compensation | 16.9M-14.4% | 19.8M+22.7% | 16.1M+24.4% | 13.0M+106.9% | 6.27M-2.6% | |
| Deferred income taxes | -31.5M-13515.3% | 235K+100.9% | -25.1M-25.9% | -19.9M-130.6% | -8.64M+38.4% | |
| Change in receivables | 40.0M+725.4% | 4.85M-19.3% | 6.01M-26.2% | 8.14M-88.0% | 67.8M+344.6% | |
| Change in inventory | 5.57M-75.2% | 22.5M+225.3% | -18.0M-278.4% | 10.1M-91.4% | 117M+436.8% | |
| Change in payables | 6.69M-79.0% | 31.9M+260.8% | -19.8M+31.2% | -28.8M-125.1% | 115M+1522.8% | |
| -480M-133.3% | -206M-230.5% | -62.2M+66.2% | -184M-423.0% | -35.3M-2.0% | ||
| Capital expenditure | 47.3M-8.7% | 51.8M+7.5% | 48.2M+19.7% | 40.2M+13.1% | 35.6M-11.3% | |
| Free cash flow | 213M-29.8% | 304M+7.5% | 282M+62.1% | 174M-19.1% | 215M-20.0% | |
| Acquisitions | 438M+185.2% | 154M+723.3% | 18.7M-87.5% | 149M+2950.7% | 4.88M | |
| Proceeds from sale of PP&E | 6.54M+71.7% | 3.81M-17.3% | 4.60M-5.1% | 4.85M-6.8% | 5.20M-6.5% | |
| Other investing activities | 816K-79.9% | 4.06M | 0.00 | 0.00 | — | |
| 114M+259.0% | 31.7M+114.4% | -220M-3007.5% | 7.56M+103.4% | -222M+32.1% | ||
| Long-term debt issued | 0.00-100.0% | 700M | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 21.9M+29.0% | 17.0M+27.4% | 13.3M+120.4% | 6.05M | 0.00 | |
| Other financing activities | -13.4M-389.8% | -2.73M-181.2% | -972K | — | — | |
| FX effect on cash | 42.1M+223.8% | -34.0M-83.3% | -18.6M-177.9% | -6.68M-251.2% | -1.90M+50.1% | |
| Net change in cash | -63.5M-143.1% | 147M+391.5% | 30.0M-2.7% | 30.8M+485.2% | -8.00M+85.6% | |
| Interest paid | 66.6M+6.9% | 62.3M-21.3% | 79.1M+128.2% | 34.7M | 0.00 | |
| Income taxes paid | 92.7M-1.9% | 94.5M-28.9% | 133M+55.2% | 85.7M | 0.00 | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 6.78B-6.5% | 7.26B+39.1% | 5.22B+85.2% | 2.82B | — | |
| P/E | 29.9×+9.1% | 27.4×+13.3% | 24.2×+73.8% | 13.9× | — | |
| P/S | 2.4×-9.9% | 2.6×+39.5% | 1.9×+72.0% | 1.1× | — | |
| P/B | 3.1×-23.7% | 4.1×+18.0% | 3.5×+49.2% | 2.3× | — | |
| P/FCF | 31.8×+33.0% | 23.9×+15.6% | 20.7×+4.8% | 19.7× | — | |
| Earnings yield | 3.3%-8.4% | 3.6%-11.7% | 4.1%-42.5% | 7.2% | — | |
| FCF yield | 3.1%-24.8% | 4.2%-13.5% | 4.8%-4.6% | 5.1% | — | |
| Dividend yield | 0.34%+36.0% | 0.25%-5.8% | 0.27%-16.9% | 0.32% | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ESAB’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ESAB filings on SEC EDGAR → Not investment advice.