$89.07
-0.15%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.
Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
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 โข NYSE
| ESAB Corporation Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 |
ESAB - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
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Statements
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Earnings Call
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