ESAB Corp Financials

ESAB Stock  USD 119.77  2.07  1.70%   
Based on the analysis of ESAB Corp's profitability, liquidity, and operating efficiency, ESAB Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At present, ESAB Corp's Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 261.8 M, whereas Total Assets are forecasted to decline to about 4 B. Key indicators impacting ESAB Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.06810.0966
Way Down
Slightly volatile
Return On Assets0.04570.0657
Way Down
Slightly volatile
Return On Equity0.0880.1497
Way Down
Slightly volatile
Debt Equity Ratio0.690.6576
Sufficiently Up
Slightly volatile
Operating Income356.6 M447.4 M
Significantly Down
Slightly volatile
Current Ratio1.941.8169
Notably Up
Slightly volatile
Investors should never underestimate ESAB Corp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor ESAB Corp's cash flow, debt, and profitability to make informed and accurate decisions about investing in ESAB Corp.

Net Income

230.59 Million

  
Understanding current and past ESAB Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ESAB Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in ESAB Corp's assets may result in an increase in income on the income statement.
Please note, the presentation of ESAB Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ESAB Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ESAB Corp's management manipulating its earnings.

ESAB Corp Stock Summary

ESAB Corp competes with Northwest Pipe, Mayville Engineering, Ryerson Holding, Allegheny Technologies, and Worthington Industries. ESAB Corporation engages in formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, and automated welding, as well as gas control equipment in the United States and internationally. The company was incorporated in 2021 and is headquartered in Wilmington, Delaware. Esab Corp operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 9275 people.
Specialization
Industrials, Metal Fabrication
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS29605J1060
CUSIP29605J106
LocationMaryland; U.S.A
Business Address909 Rose Avenue,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.esabcorporation.com
Phone301 323 9099
CurrencyUSD - US Dollar

ESAB Corp Key Financial Ratios

ESAB Corp Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets3.4B3.5B3.8B3.8B4.0B4.0B
Other Current Liab127.9M149.5M191.1M213.8M230.7M204.1M
Net Debt47.8M68.0M1.2B1.0B913.9M583.2M
Accounts Payable241.3M345.5M316.3M306.6M318.5M323.3M
Cash49.2M41.2M72.0M102.0M249.4M261.8M
Other Assets54.4M48.5M342.2M1.01.151.09
Net Receivables329.6M383.5M374.3M385.2M370.3M404.6M
Good Will1.6B1.5B1.5B1.6B1.7B1.7B
Inventory313.4M420.1M416.8M392.9M403.7M421.0M
Other Current Assets112.8M119.3M125.5M117.7M495.3M520.1M
Total Liab841.1M959.5M2.4B2.2B2.2B1.7B
Total Current Assets804.9M964.1M988.7M997.7M1.1B1.1B
Intangible Assets577.4M521.4M517.2M499.5M488.0M424.8M

ESAB Corp Key Income Statement Accounts

202020212022202320242025 (projected)
Tax Provision46.0M80.4M69.2M83.3M77.3M73.5M
Net Interest Income3.7M1.7M(38.0M)(77.3M)(64.9M)(61.6M)
Interest Expense42.0M39.8M38.0M85.1M64.9M58.8M
Total Revenue2.0B2.4B2.6B2.8B2.7B2.7B
Gross Profit682.5M838.0M885.5M1.0B1.0B963.5M
Operating Income202.1M306.2M329.1M404.2M447.5M356.6M
Ebit224.5M319.1M353.0M395.4M435.3M363.6M
Research Development34.8M39.7M36M38.8M44.6M39.9M
Ebitda299.2M393.7M418.1M465.1M502.1M444.9M
Cost Of Revenue1.3B1.6B1.7B1.8B1.7B1.7B
Income Before Tax205.8M319.1M300.3M319.1M370.4M318.3M
Net Income157.4M235.1M223.7M203.7M264.8M230.6M
Income Tax Expense46.0M80.4M69.2M95.7M77.3M75.8M
Minority Interest(2.5M)(3.6M)4.3M(6.1M)(5.9M)(5.6M)

ESAB Corp Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory34.8M(117.4M)(10.1M)18.0M(22.5M)(23.6M)
Investments(34.6M)(35.3M)(184.4M)(209.1M)(205.7M)(195.4M)
Change In Cash(55.6M)(8M)30.8M30.0M147.4M154.7M
Free Cash Flow269.0M215.2M174.1M282.3M303.6M265.8M
Depreciation76.6M75.9M66.0M69.7M66.8M58.0M
Other Non Cash Items(3.4M)(11.7M)(6.9M)1.5M682K647.9K
Capital Expenditures40.1M35.6M40.2M48.2M51.8M47.7M
Net Income159.9M238.7M228.0M216.1M270.7M236.5M
End Period Cash Flow49.2M41.2M72.0M102.0M249.4M261.8M

ESAB Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ESAB Corp's current stock value. Our valuation model uses many indicators to compare ESAB Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ESAB Corp competition to find correlations between indicators driving ESAB Corp's intrinsic value. More Info.
ESAB Corp is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.44  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ESAB Corp is roughly  2.29 . At present, ESAB Corp's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ESAB Corp's earnings, one of the primary drivers of an investment's value.

ESAB Corp Systematic Risk

ESAB Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ESAB Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on ESAB Corp correlated with the market. If Beta is less than 0 ESAB Corp generally moves in the opposite direction as compared to the market. If ESAB Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ESAB Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ESAB Corp is generally in the same direction as the market. If Beta > 1 ESAB Corp moves generally in the same direction as, but more than the movement of the benchmark.

ESAB Corp Thematic Clasifications

ESAB Corp is part of Machinery investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
MachineryView
This theme covers USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in ESAB Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ESAB Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ESAB Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.97

At present, ESAB Corp's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

ESAB Corp March 19, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ESAB Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ESAB Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of ESAB Corp based on widely used predictive technical indicators. In general, we focus on analyzing ESAB Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ESAB Corp's daily price indicators and compare them against related drivers.

Complementary Tools for ESAB Stock analysis

When running ESAB Corp's price analysis, check to measure ESAB Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ESAB Corp is operating at the current time. Most of ESAB Corp's value examination focuses on studying past and present price action to predict the probability of ESAB Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESAB Corp's price. Additionally, you may evaluate how the addition of ESAB Corp to your portfolios can decrease your overall portfolio volatility.
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