ESAB Corp
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.8B | $2.7B | $2.8B | $2.6B | $2.4B |
| Cost of revenue | $1.8B | $1.7B | $1.8B | $1.7B | $1.6B |
| Gross profit | $1.0B | $1.0B | $1.0B | $885.5M | $838.0M |
| Selling, general & administrative | $608.4M | $579.8M | $587.5M | $533.4M | $512.8M |
| Research and development | $44.0M | $39.2M | $38.8M | $36.0M | $39.7M |
| Operating expenses | $144.8M | $162.3M | $168.7M | $140.9M | — |
| Operating income | $412.2M | $447.4M | $404.2M | $329.1M | $306.2M |
| Pretax income | $328.3M | $370.4M | $319.1M | $300.3M | $319.1M |
| Income tax expense | $69.2M | $77.3M | $95.7M | $69.2M | $80.4M |
| Net income | $226.8M | $264.8M | $205.3M | $223.7M | $235.1M |
| Balance Sheet | |||||
| Cash and equivalents | $185.9M | $249.4M | $102.0M | $72.0M | $41.2M |
| Current assets | $1.3B | $1.1B | $997.7M | $988.7M | $964.1M |
| Total assets | $4.8B | $4.0B | $3.8B | $3.8B | $3.5B |
| Current liabilities | $664.8M | $632.1M | $620.1M | $601.6M | $596.6M |
| Total liabilities | $2.6B | $2.2B | $2.2B | $2.4B | $959.5M |
| Total debt | $1.2B | $1.1B | $1.0B | $1.2B | — |
| Stockholders' equity | $2.2B | $1.8B | $1.6B | $1.4B | $2.5B |
| Cash Flow Statement | |||||
| Cash from operations | $260.6M | $355.4M | $330.5M | $214.4M | $250.7M |
| Depreciation and amortization | $84.1M | $66.8M | $75.0M | $66.0M | $75.9M |
| Stock-based compensation | $16.9M | $19.8M | $16.1M | $13.0M | $6.3M |
| Capital expenditure | $47.3M | $51.8M | $48.2M | $40.2M | $35.6M |
| Free cash flow | $213.3M | $303.6M | $282.3M | $174.1M | $215.2M |
| Dividends paid | $21.9M | $17.0M | $13.3M | $6.1M | $0 |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 60.9M · Free float 85.5%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.