Logo
Login
Companies $ESAB
$69.29 +$1.98 (2.94%) Close
ESAB Corp logo

ESAB Corp

esabcorporation.com

What Do They Do?

Sells fabrication equipment, welding and cutting consumables, and gas-control products, robotics and digital solutions to industrial customers.

How Do They Make Money?

Customers are typically billed when standard products ship; most sales come from these product shipments.

revenue
SegmentShareRevenue
Equipment
Sold outright

66%
FY2022: 29%
Consumables
Sold outright

34%
FY2022: 71%

Who Are Their Customers?

ESAB sells to industrial end users through direct salespeople and independent distributors; the route varies by geography and end market.

Do Revenues Turn Into Profits?

Yes. It kept 8 cents of every revenue dollar as net income in FY2025 and turned 8 cents into free cash flow.

Operating income, FY2025
14% of revenue
▼ −8% vs FY2024 ($447.5M, 16%)
Net income, FY2025
8% of revenue
▼ −14% vs FY2024 ($264.8M, 10%)
Free cash flow, FY2025
8% of revenue
▼ −30% vs FY2024 ($303.6M, 11%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jul 3, 2026
Revenue
▲ +13%
vs $715.6M in Q2 FY2025
Net income
▼ −52%
vs $66.9M in Q2 FY2025
Equipment share of revenue from contract with customer, excluding assessed tax vs 32.4% in Q2 FY2025
  • Aug 6, 2026 Raised full-year sales and earnings guidance Total core sales growth outlook rose to 11.0% to 14.0%, and core adjusted EBITDA to $615 million to $625 million.
  • Jun 2, 2026 Completed acquisition of Eddyfi ESAB bought Eddyfi for cash equal to $1.45 billion.
  • Apr 2, 2026 Appointed a new CFO after the CFO resigned R. Brent Jones was appointed CFO, succeeding Kevin Johnson, who resigned to pursue a CFO opportunity elsewhere.

Growing. Revenue grew 17% in 4 years, from $2.4B in FY2021 to $2.8B in FY2025, about 4% a year.

Revenue over time
Equipment Consumables
$5B$2.5B$0
FY2021 FY2022 FY2023 FY2024 FY2025

Who Do They Compete With?

Competes with Lincoln Electric and Illinois Tool Works

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support
View Pricing Plans