ESAB Corporation

ESAB Corporation

ESABยทNYSE

$89.07

-0.15%
IndustrialsManufacturing - Metal Fabrication

ESAB Corporation formulates, develops, manufactures, and supplies consumable products and equipment for use in cutting, joining, and automated welding, as well as gas control equipment. Its comprehensive range of welding consumables includes electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables, including electrodes, nozzles, shields, and tips. The company's fabrication technology equipment ranges from portable welding machines to large customized automated cutting and welding systems. It also offers a range of digital software and solutions to help its customers increase their productivity, remotely monitor their welding operations, and digitize their documentation. The company sells its products under the ESAB brand to various end markets, including general industry, construction, infrastructure, transportation, energy, renewable energy, and medical and life sciences. It offers its products through independent distributors and direct salespeople. ESAB Corporation was incorporated in 2021 and is based in Wilmington, Delaware.

At a Glance

Live Snapshot
Market Cap$5.42B
EPS3.7200
P/E Ratio23.94
Earnings Date08/05/2026
3Y+22.0%
5Y-16.0%
10Y+4.0%
3Y+160.0%
5Y+1288.0%
10Y+1181.0%
3Y+1405.0%
5Y-135.0%
10Y-164.0%
ESAB

ESAB Corporation Cash Conversion Engine

ESAB ยท NYSE
Net Income233.23M
Depreciation & Amortization84.11M
Stock-Based Compensation16.94M
Change in Working Capital-38.90M
Others854.00K
Capital Expenditures-47.29M
Free Cash Flow213.28M

Cash Flow Quality Analysis

FCF Conversion Rate

91.4%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

18.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-29.8%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$38.90M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

ESAB Corporation Cash Flow Statement

ESAB โ€ข NYSE

ESAB Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
OPERATING ACTIVITIES
233.2M
270.7M
216.1M
228M
238.7M
159.9M
176.7M
84.1M
66.8M
69.7M
66M
75.9M
76.6M
80.1M
-35.7M
-2.6M
-25.4M
-20.2M
-8.6M
-14M
-22.6M
16.9M
19.8M
16.1M
13M
6.3M
6.4M
5.9M
854K
15M
1.5M
-6.9M
-11.7M
-3.4M
32.9M
(0.0)
(94.5M)
(132.9M)
(85.7M)
(0.0)
(0.0)
(0.0)
-38.9M
-14.4M
52.5M
-65.5M
-49.8M
83.6M
-23.2M
260.6M
355.4M
330.5M
214.4M
250.7M
309.2M
249.8M
INVESTING ACTIVITIES
-47.3M
-51.8M
-48.2M
-40.2M
-35.6M
-40.1M
-44.5M
(0.0)
-149.9M
-18.7M
-149M
-4.9M
(0.0)
(0.0)
-432.6M
-4.1M
4.6M
4.8M
5.2M
5.6M
7M
-479.9M
-205.7M
-62.2M
-184.4M
-35.3M
-34.6M
-37.5M
FINANCING ACTIVITIES
0.0
65.5M
-202.5M
1.2B
673K
-190K
-4.9M
-21.9M
-17M
-13.3M
-6.1M
(0.0)
(0.0)
(0.0)
135.6M
-16.8M
-3.9M
-1.2B
-222.2M
-326.2M
-171.6M
113.7M
31.7M
-219.7M
7.6M
-221.6M
-326.4M
-176.4M
CASH FLOW SUMMARY
42.1M
-34M
-18.6M
-6.7M
-1.9M
-3.8M
-2.1M
-63.5M
147.4M
30M
30.8M
-8M
-55.6M
33.9M
249.4M
102M
72M
41.2M
49.2M
104.8M
71M
185.9M
249.4M
102M
72M
41.2M
49.2M
104.8M
213.3M
303.6M
282.3M
174.1M
215.2M
269M
205.4M

SEC Filings

ESAB - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 02, 2026
June 01, 2026
2026
8-K

8-K 2026

N/A

May 12, 2026
May 08, 2026
2026
10-Q

10-Q 2026 Q2

Q2

May 07, 2026
April 03, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

April 02, 2026
March 30, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 27, 2026
May 08, 2026
2026
8-K

8-K 2026

N/A

March 26, 2026
March 26, 2026
2026
8-K

8-K 2026

N/A

March 12, 2026
March 12, 2026
2026
8-K

8-K 2026

N/A

February 20, 2026
February 20, 2026
2026
10-K

10-K 2025 FY

FY

February 20, 2026
December 31, 2025
2025
Showing 1 to 10 of 63 filings