ESAB Corp

ESAB · NYSE · Industrials / Metal Fabrication

83.25USD+0.70 (+0.85%)

Price History

Full chart

Market Stats

Previous Close82.55

Open82.99

Day Range82.25 – 84.02

52-Week Range62.74 – 136.86

Volume567.45K

Market Cap4.34B

P/E (TTM)21.73

Forward P/E11.20

EPS3.21

Dividend Yield0.69%

Beta1.14

50-Day Avg70.10

200-Day Avg93.30

About

ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, automated welding, and gas control equipment. It offers its products through independent distributors and direct salespeople. It operates in Europe, Asia Pacific, South America, and the Middle East. ESAB Corporation was founded in 1904 and is headquartered in North Bethesda, Maryland.

Company Details

SectorIndustrials
IndustryMetal Fabrication
CEOMr. Shyam P. Kambeyanda
Employees10.30K
Headquarters909 Rose Avenue, North Bethesda, MD, United States, 20852, USA
Websitehttps://www.esabcorporation.com

Leadership

Mr. Mitchell P. RalesExecutive Chairman of the Board · b. 1957
Mr. Shyam P. KambeyandaPresident, CEO & Director · b. 1971
Mr. Curtis Evan JewellSenior VP, General Counsel & Corporate Secretary · b. 1981
Ms. Michele CampionSenior VP & Chief Human Resources Officer · b. 1977
Mr. R. Brent JonesExecutive VP & CFO · b. 1970
Ms. Julie HanVP, Chief Accounting Officer & Corporate Controller · b. 1978
Mr. Mark BarbalatoVice President of Investor Relations
Ms. Tilea ColemanVice President of Corporate Communications
Mr. Piyush ShethPresident of Gas Control Business
Ms. Ranjana N. BhagwakarExecutive Vice President of Business Operations

Financials

Income Statement

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	2.25B	1.95B	2.43B	2.59B	2.77B	2.74B	2.84B
Growth (%)	-	-13.22%	+24.51%	+6.81%	+6.99%	-1.22%	+3.71%
Cost of Revenue	1.45B	1.27B	1.59B	1.71B	1.76B	1.70B	1.83B
Gross Profit	796.44M	682.47M	837.98M	885.53M	1.02B	1.04B	1.01B
Gross Margin	35.44%	35.00%	34.51%	34.14%	36.61%	37.85%	35.54%
Operating Expense	540.36M	480.34M	531.77M	556.47M	611.59M	590.00M	518.44M
Operating Income	256.08M	202.13M	306.21M	329.06M	404.17M	447.45M	491.80M
Operating Margin	11.40%	10.37%	12.61%	12.69%	14.57%	16.33%	17.30%
EBITDA	358.23M	301.19M	406.13M	436.28M	509.37M	531.60M	491.67M
EBITDA Margin	15.94%	15.45%	16.73%	16.82%	18.36%	19.40%	17.30%
Net Income	172.91M	157.41M	235.11M	223.75M	205.28M	264.84M	226.77M
Net Income Margin	7.69%	8.07%	9.68%	8.63%	7.40%	9.66%	7.98%
R&D	32.20M	34.80M	39.70M	36.00M	38.80M	39.20M	44.00M
R&D as % of Total Revenue	1.43%	1.78%	1.64%	1.39%	1.40%	1.43%	1.55%
Interest Expense	50.90M	42.01M	39.81M	37.95M	85.07M	64.89M	79.30M
Interest Expense % of Total Revenue	2.27%	2.15%	1.64%	1.46%	3.07%	2.37%	2.79%

Balance Sheet

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	3.49B	3.39B	3.46B	3.75B	3.83B	4.03B	4.77B
Total Liabilities	809.72M	841.06M	959.53M	2.37B	2.18B	2.23B	2.55B
Total Equity	2.64B	2.50B	2.46B	1.35B	1.61B	1.77B	2.17B
Cash	104.83M	49.21M	41.21M	72.02M	102.00M	249.36M	185.86M
Total Debt	75.70M	97.04M	109.24M	1.31B	1.12B	1.16B	1.43B
Net Debt	-29.13M	47.83M	68.03M	1.24B	1.02B	913.88M	1.25B

Cash Flow

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	249.83M	309.18M	250.74M	214.36M	330.49M	355.40M	260.57M
Investing Cash Flow	-37.46M	-34.57M	-35.27M	-184.42M	-62.24M	-205.70M	-479.88M
Financing Cash Flow	-176.45M	-326.42M	-221.57M	7.56M	-219.72M	31.67M	113.70M
Capital Expenditure	44.45M	40.14M	35.58M	40.24M	48.18M	51.78M	47.29M
Free Cash Flow	205.38M	269.04M	215.15M	174.12M	282.32M	303.62M	213.28M
Dividends Paid	6.05M	6.05M	6.05M	6.05M	13.34M	16.99M	21.91M
FCF to OCF	82.21%	87.02%	85.81%	81.23%	85.42%	85.43%	81.85%
Dividend Paid to FCF	2.95%	2.25%	2.81%	3.48%	4.73%	5.60%	10.27%

Earnings

Report Date	Mar 29, 2022	May 10, 2022	Aug 9, 2022	Nov 3, 2022	Mar 7, 2023	May 2, 2023	Aug 1, 2023	Nov 1, 2023	Feb 29, 2024	May 1, 2024	Aug 2, 2024	Oct 29, 2024	Feb 26, 2025	May 1, 2025	Aug 6, 2025	Oct 29, 2025	Mar 10, 2026	May 7, 2026	Aug 6, 2026	Nov 4, 2026
EPS Estimate	0.00	1.17	1.01	0.84	0.90	0.93	1.04	0.95	1.04	1.10	1.27	1.12	1.16	1.21	1.35	1.27	1.35	1.34	1.37	1.33
EPS Actual	1.13	1.17	1.08	0.92	1.05	1.04	1.21	1.08	1.13	1.20	1.32	1.25	1.28	1.25	1.36	1.32	1.35	1.31	1.33	-
Surprise	-	0.00%	6.93%	9.52%	16.67%	11.83%	16.35%	13.68%	8.65%	9.09%	3.94%	11.61%	9.90%	3.31%	0.74%	3.94%	0.00%	-2.24%	-2.92%	-
Timing	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap4.34B

Enterprise Value6.83B

Trailing P/E21.73

Forward P/E11.20

PEG Ratio0.71

Price / Sales1.44

Price / Book1.83

EPS3.21

Book Value38.08

Revenue (TTM)3.00B

Gross Profit (TTM)1.11B

EBITDA538.66M

Profit Margin5.75%

Operating Margin12.02%

Return on Equity8.73%

Return on Assets5.00%

Shares Outstanding62.17M

Shares Float58.07M

Beta1.14

Dividend Yield0.69%

Dividend Rate0.48

Payout Ratio11.03%

Analyst Ratings

Strong Buy

Based on 11 analystsTarget 119.73

Strong Buy
9
Buy
1
Hold
1

Ownership Breakdown

Institutions: 104.37%
Insiders: 6.49%
Retail / Other: 0.00%

Top Institutional Holders

T. Rowe Price Associates, Inc.
8.13M13.07%
T. Rowe Price Investment Management,Inc.
7.62M12.26%
BlackRock Inc
5.32M8.55%
Amvescap Plc.
2.77M4.46%
Vanguard Capital Management, LLC
2.61M4.20%
Vanguard Portfolio Management, LLC
2.48M3.98%
Fidelity International Ltd
2.34M3.77%
Capital Research Global Investors
1.86M3.00%
State Street Corp
1.82M2.93%
Neuberger Berman Group LLC
1.54M2.48%
FMR Inc
1.54M2.48%
Dimensional Fund Advisors, Inc.
1.46M2.34%
JPMorgan Chase & Co
1.41M2.26%
Bessemer Group Inc
1.39M2.24%

Top Fund Holders

American Funds SMALLCAP World A
2.59M4.17%
T. Rowe Price Mid-Cap Value
2.45M3.94%
iShares Core S&P Mid-Cap ETF
2.10M3.38%
Invesco Small Cap Value A
1.96M3.15%
Vanguard MStar Total Stk Mkt Idx Invest
1.85M2.97%
T. Rowe Price Mid-Cap Growth
1.52M2.44%

Dividends

20263×

0.12Oct 2, 20260.12Jul 2, 20260.10Apr 2, 2026

20254×

0.10Dec 31, 20250.10Oct 3, 20250.10Jul 3, 20250.08Apr 4, 2025

20244×

0.08Dec 31, 20240.08Sep 27, 20240.08Jun 28, 20240.06Mar 27, 2024

20234×

0.06Dec 28, 20230.06Sep 28, 20230.06Jun 29, 20230.05Mar 30, 2023

20223×

0.05Dec 29, 20220.05Sep 29, 20220.05Jun 30, 2022