ESAB Corporation (ESAB) — Financial statements
Income statement, balance sheet, and cash flow for ESAB Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,843↑3.7% | 2,741↓1.2% | 2,775↑7.0% | 2,593↑6.8% | 2,428 | |
| Cost of Revenue | 1,832↑7.6% | 1,703↓3.2% | 1,759↑3.0% | 1,708↑7.4% | 1,590 | |
| Gross Profit | 1,010↓2.6% | 1,037↑2.1% | 1,016↑14.7% | 886↑5.7% | 838 | |
| Operating Expenses | ||||||
| R&D Expenses | 44↑12.2% | 39↑1.0% | 39↑7.8% | 36↓9.3% | 40 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 608↑22.3% | 497↓0.0% | 498↑12.2% | 444↑4.1% | 426 | |
| Other Expenses | -134↓351.1% | 53↓29.0% | 75↓2.1% | 77↑16.2% | 66 | |
| Operating Expenses | 518↓12.1% | 590↓3.5% | 612↑9.9% | 556↑4.6% | 532 | |
| Total Costs & Expenses | 2,351↑2.5% | 2,293↓3.3% | 2,371↑4.7% | 2,264↑6.7% | 2,122 | |
| Operating Results | ||||||
| Operating Income | 492↑9.9% | 447↑10.7% | 404↑22.8% | 329↑7.5% | 306 | |
| Depreciation & Amortization | 84↑26.1% | 67↓4.4% | 70↑7.1% | 65↓12.7% | 75 | |
| EBITDA | 492↓7.5% | 531↑4.3% | 509↑17.0% | 435↑7.6% | 405 | |
| EBIT | 408↓12.3% | 465↑5.7% | 440↑18.7% | 370↑12.1% | 330 | |
| Interest & Other Income | ||||||
| Net Interest Income | -79↓22.2% | -65↑23.7% | -85↓124.2% | -38↓2377.9% | 2 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 2 | |
| Interest Expense | 79↑22.2% | 65↓23.7% | 85↑124.2% | 38 | 0.00 | |
| Non-Operating Income | 84↑585.2% | -17↑51.1% | -35↑13.9% | -41↓71.7% | -24 | |
| Other Income / Expenses | -164↓112.3% | -77↑9.4% | -85↓195.3% | -29↓323.8% | 13 | |
| Income Before Tax | 328↓11.4% | 370↑16.1% | 319↑6.3% | 300↓5.9% | 319 | |
| Income Tax Expense | 69↓10.6% | 77↓19.2% | 96↑38.4% | 69↓14.0% | 80 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 259↓11.6% | 293↑31.2% | 223↓3.3% | 231↓3.2% | 239 | |
| Net Income from Discontinued Operations | -26↓16.0% | -22↓80.8% | -12↓302.2% | -3 | 0.00 | |
| Net Income | 227↓14.4% | 265↑29.0% | 205↓8.3% | 224↓4.8% | 235 | |
| Bottom-Line Net Income | 227↓20.7% | 286↑32.3% | 216↓4.1% | 225↓4.2% | 235 | |
| EPS (Basic) | 3.72↓14.7% | 4.36↑29.0% | 3.38↓9.4% | 3.73↓4.8% | 3.92 | |
| EPS (Diluted) | 3.72↓13.7% | 4.31↑28.3% | 3.36↓9.7% | 3.72↓5.1% | 3.92 | |
| Weighted Average Shares | 61↑0.8% | 60↑0.3% | 60↑0.3% | 60↑0.0% | 60 | |
| Weighted Average Diluted Shares | 61↓0.3% | 61↑0.7% | 61↑0.8% | 60↑0.2% | 60 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.