ESAB Stock Price, ESAB Corporation Quote, Chart

Market Summary

USD107.88+1.06

Market Closed

0.99%

ESAB Stock Price

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ESAB RSI Chart

ESAB Valuation

Market Cap

6.5B

Price/Earnings (Trailing)

31.48

Price/Sales (Trailing)

2.35

EV/EBITDA

15.69

Price/Free Cashflow

23.06

ESAB Price/Sales (Trailing)

ESAB Profitability

EBT Margin

11.50%

Return on Equity

12.86%

Return on Assets

5.4%

Free Cashflow Yield

4.34%

ESAB Fundamentals

ESAB Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

3.8%

Rev. Growth (Qtr)

1.23%

ESAB Earnings

Earnings (TTM)

206.8M

Earnings Growth (Yr)

-23.94%

Earnings Growth (Qtr)

-15.31%

Breaking Down ESAB Revenue

Last 7 days

1.8%

Last 30 days

-2.0%

Last 90 days

25.0%

How does ESAB drawdown profile look like?

ESAB Financial Health

Current Ratio

1.61

Debt/Equity

0.63

Debt/Cashflow

0.32

ESAB Investor Care

Dividend Yield

0.21%

Dividend/Share (TTM)

0.23

Shares Dilution (1Y)

0.24%

Diluted EPS (TTM)

3.36

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	2.6B	2.7B	2.7B	2.8B
2022	2.5B	2.5B	2.6B	2.6B
2021	2.1B	2.2B	2.3B	2.4B
2020	0	0	0	2.0B

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Tracking the Latest Insider Buys and Sells of ESAB Corporation

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 08, 2024	jewell curtis e	acquired	-	-	950	svp, general counsel
Mar 08, 2024	kambeyanda shyam	sold (taxes)	-297,575	100	-2,958	president and ceo
Mar 08, 2024	campion michele	acquired	-	-	957	chief human resources officer
Mar 08, 2024	biebuyck olivier	acquired	-	-	1,407	president, fab tech
Mar 08, 2024	mlingo vusa	sold (taxes)	-15,593	100	-155	svp, strategy & business dev.
Mar 08, 2024	jewell curtis e	sold (taxes)	-44,264	100	-440	svp, general counsel
Mar 08, 2024	mlingo vusa	acquired	-	-	493	svp, strategy & business dev.
Mar 08, 2024	kambeyanda shyam	acquired	-	-	6,123	president and ceo
Mar 08, 2024	johnson kevin j	acquired	-	-	2,006	chief financial officer
Mar 08, 2024	johnson kevin j	sold (taxes)	-79,474	100	-790	chief financial officer

Which funds bought or sold ESAB recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	SIMPLEX TRADING, LLC	added	75.13	21,000	37,000	-%
Apr 25, 2024	Lindbrook Capital, LLC	added	0.25	9,714	44,449	-%
Apr 25, 2024	Zurcher Kantonalbank (Zurich Cantonalbank)	reduced	-6.67	204,128	1,271,110	-%
Apr 25, 2024	NEW YORK STATE TEACHERS RETIREMENT SYSTEM	added	3.44	645,000	2,659,000	0.01%
Apr 25, 2024	Allworth Financial LP	reduced	-11.24	1,947	16,586	-%
Apr 25, 2024	GHP Investment Advisors, Inc.	new	-	4,976	4,976	-%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-5.01	9,099,800	51,913,400	0.01%
Apr 24, 2024	BROWN ADVISORY INC	sold off	-100	-1,010,670	-	-%
Apr 24, 2024	OAK FAMILY ADVISORS, LLC	reduced	-15.77	342,942	4,905,220	1.89%
Apr 23, 2024	Louisiana State Employees Retirement System	added	2.52	425,033	1,802,290	0.04%

Are Funds Buying or Selling ESAB?

Are funds buying ESAB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ESAB

No. of Funds

Unveiling ESAB Corporation's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	14.0%	8,419,854	SC 13G/A
Feb 13, 2024	vanguard group inc	9.22%	5,558,383	SC 13G/A
Feb 13, 2024	cooke & bieler lp	2.2%	1,316,047	SC 13G/A
Feb 12, 2024	price t rowe associates inc /md/	10.4%	6,242,773	SC 13G/A
Feb 12, 2024	price t rowe associates inc /md/	9.6%	5,770,738	SC 13G
Jan 26, 2024	blackrock inc.	7.9%	4,764,151	SC 13G/A

Recent SEC filings of ESAB Corporation

View All Filings

Date Filed	Form Type	Document
Apr 09, 2024	8-K	Current Report
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Mar 29, 2024	ARS	ARS
Mar 29, 2024	DEF 14A	DEF 14A
Mar 29, 2024	DEFA14A	DEFA14A
Mar 26, 2024	8-K	Current Report

Peers (Alternatives to ESAB Corporation)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GE	177.7B	69.5B	12.93%	65.54%	50.61	2.56	16.04%	-60.91%
CAT	175.2B	67.1B	-5.90%	60.10%	16.96	2.61	12.84%	54.12%
CMI	41.3B	34.1B	-1.25%	26.03%	49.14	1.21	21.34%	-61.52%
AME	41.0B	6.6B	-3.40%	29.19%	31.22	6.21	7.26%	13.25%
ACM	12.8B	14.9B	-3.37%	14.24%	206.88	0.86	12.31%	-81.65%
MID-CAP
APG	9.3B	6.9B	-3.69%	69.40%	60.77	1.34	5.64%	109.59%
FLR	7.0B	15.5B	-2.27%	40.95%	50.4	0.45	12.59%	-4.48%
FLS	6.1B	4.3B	2.30%	40.95%	32.87	1.42	19.51%	-1.03%
ACA	3.8B	2.3B	-10.09%	28.97%	23.6	1.63	2.90%	-35.23%
ALG	2.4B	1.7B	-12.12%	11.03%	17.52	1.41	11.63%	33.59%
SMALL-CAP
AMRC	1.1B	1.4B	-5.58%	-48.08%	17.92	0.81	-24.65%	-34.19%
NKLA	854.8M	35.8M	-29.67%	-27.19%	-0.88	23.85	-27.93%	-23.21%
AGX	820.8M	573.3M	23.12%	57.62%	25.36	1.43	26.00%	-2.24%
AMSC	377.4M	135.4M	-8.70%	201.72%	-23.01	2.79	-25.90%	65.37%
ADES	261.9M	99.2M	19.76%	337.78%	-21.38	2.64	-3.69%	-37.37%

ESAB Corporation News

Latest updates

ESAB Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)													(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Revenue	1.2%	689	681	720	684	664	620	661	648	624	606	630	568	-
Gross Profit	2.0%	255	250	264	247	224	209	227	224	213	207	218	200	-
S&GA Expenses	-0.6%	145	145	150	147	139	122	137	135	132	124	133	124	-
EBITDA Margin	-	0.17*	-	0.15*	0.15*	0.15*	0.15*	0.15*	0.16*	0.16*	0.12*	0.13*	0.14*	0.14*
Income Taxes	-9.5%	18.00	20.00	21.00	37.00	6.00	18.00	20.00	26.00	33.00	17.00	16.00	14.00	-
Earnings Before Taxes	-3.9%	77.00	81.00	90.00	71.00	66.00	72.00	78.00	84.00	74.00	79.00	94.00	73.00	-
EBT Margin	2.8%	0.11*	0.11*	0.11*	0.11*	0.12*	0.12*	0.12*	0.13*	0.13*	0.09*	0.09*	0.10*	0.11*
Net Income	-15.3%	49.00	58.00	67.00	33.00	64.00	52.00	56.00	56.00	41.00	61.00	78.00	59.00	-
Net Income Margin	-7.8%	0.07*	0.08*	0.08*	0.08*	0.09*	0.08*	0.08*	0.09*	0.10*	0.07*	0.07*	0.08*	0.08*
Free Cashflow	7.9%	103	96.00	53.00	30.00	73.00	71.00	20.00	10.00	42.00	61.00	54.00	58.00	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet									(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	1.9%	3,829	3,756	3,863	3,849	3,754	3,540	3,674	3,781	3,461
Current Assets	-3.1%	998	1,030	1,072	1,061	989	988	1,041	1,048	964
Cash Equivalents	23.1%	102	83.00	74.00	82.00	72.00	61.00	53.00	57.00	41.00
Inventory	-7.7%	393	426	447	448	417	447	474	463	420
Net PPE	6.5%	294	276	282	284	284	265	276	281	286
Goodwill	2.2%	1,588	1,554	1,586	1,564	1,530	1,400	1,450	1,514	1,533
Liabilities	-1.5%	2,181	2,215	2,316	2,391	2,366	2,292	2,392	1,264	960
Current Liabilities	1.6%	620	610	618	630	602	611	642	652	597
Long Term Debt	-6.5%	1,018	1,089	1,159	1,217	1,219	1,132	1,182	-	-
LT Debt, Non Current	-6.5%	1,018	1,089	1,159	1,217	1,219	1,132	1,182	-	-
Shareholder's Equity	7.1%	1,607	1,501	1,547	1,458	1,350	1,248	1,281	2,517	2,502
Retained Earnings	15.3%	351	304	250	188	159	102	52.00	-	-
Additional Paid-In Capital	0.3%	1,881	1,876	1,873	1,868	1,866	1,858	1,853	-	-
Shares Outstanding	0.0%	60.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00	-
Minority Interest	-0.1%	40.00	40.00	40.00	39.00	38.00	38.00	40.00	41.00	41.00
Float	-	-	-	4,010	-	-	-	2,625	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)													(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Cashflow From Operations	14.0%	122,395	107,378	62,654	38,067	91,443	79,505	27,321	16,089	58,660	69,458	59,772	62,847	-
Share Based Compensation	34.8%	4,972	3,688	4,468	2,994	3,432	4,177	3,627	1,728	1,316	1,702	1,663	1,586	-
Cashflow From Investing	-119.4%	-19,884	-9,061	-7,549	-25,749	-166,749	-7,341	-7,176	-3,157	-12,608	-8,289	-4,962	-9,406	-
Cashflow From Financing	-4.3%	-77,534	-74,311	-60,825	-7,047	80,218	-52,787	-19,769	-105	-45,853	-63,831	-55,761	-56,126	-
Dividend Payments	0.0%	3,640	3,641	3,028	3,033	3,029	3,025	-	-	-	-	-	-	-

ESAB Income Statement

2023-12-31

CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net sales	$ 2,774,766	$ 2,593,480	$ 2,428,115
Cost of sales	1,759,015	1,707,950	1,590,132
Gross profit	1,015,751	885,530	837,983
Selling, general and administrative expense	587,475	533,369	512,815
Restructuring and other related charges	24,110	23,096	18,954
Operating income	404,166	329,065	306,214
Pension settlement gain	0	(9,136)	(11,208)
Interest expense (income) and other, net	85,074	37,950	(1,666)
Income from continuing operations before income taxes	319,092	300,251	319,088
Income tax expense	95,727	69,170	80,409
Net income from continuing operations	223,365	231,081	238,679
Loss from discontinued operations, net of taxes	(12,341)	(3,068)	0
Net income	211,024	228,013	238,679
Less: Income attributable to noncontrolling interest, net of taxes	5,739	4,266	3,569
Net income attributable to ESAB Corporation		$ 223,747	$ 235,110
Net income attributable to ESAB Corporation	$ 205,285
Earnings (loss) per share - basic
Income from continuing operations (in dollars per share)	$ 3.59	$ 3.75	$ 3.92
Loss on discontinued operations (in dollars per share)	(0.20)	(0.05)	0
Net income per share (in dollars per share)	3.39	3.70	3.92
Earnings (loss) per share - diluted
Income from continuing operations (in dollars per share)	3.56	3.74	3.92
Loss on discontinued operations (in dollars per share)	(0.20)	(0.05)	0
Net income per share - diluted (in dollars per share)	$ 3.36	$ 3.69	$ 3.92

ESAB Balance Sheet

2023-12-31

CONSOLIDATED AND COMBINED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS:
Cash and cash equivalents	$ 102,003	$ 72,024
Trade receivables, less allowance for credit losses of $25,477 and $23,471	385,198	374,329
Inventories, net	392,858	416,829
Prepaid expenses	61,771	56,637
Other current assets	55,890	68,851
Total current assets	997,720	988,670
Property, plant and equipment, net	294,305	284,226
Goodwill	1,588,331	1,529,767
Intangible assets, net	499,535	517,167
Lease asset - right of use	95,607	92,033
Other assets	353,131	342,152
Total assets	3,828,629	3,754,015
CURRENT LIABILITIES:
Accounts payable	306,593	316,265
Accrued liabilities	313,489	285,310
Total current liabilities	620,082	601,575
Long-term debt	1,018,057	1,218,643
Other liabilities	542,833	545,339
Total liabilities	2,180,972	2,365,557
Equity:
Common stock - $0.001 par value - Authorized 600,000,000; 60,295,634 and 60,094,725 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	60	60
Additional paid-in capital	1,881,054	1,865,904
Retained earnings	350,557	159,231
Accumulated other comprehensive loss	(624,272)	(674,988)
Total ESAB Corporation equity	1,607,399	1,350,207
Noncontrolling interest	40,258	38,251
Total equity	1,647,657	1,388,458
Total liabilities and equity	$ 3,828,629	$ 3,754,015

About ESAB Corporation

ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, and automated welding; and 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 comprising electrodes, nozzles, shields, and tips. The company's equipment ranges from portable welding machines to large customized automated cutting and welding systems. It also offers a range of software and digital 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, such as general industry, infrastructure, renewable energy, medical and life sciences, transportation, construction, and energy. It offers its products through independent distributors and direct salespeople. The company operates in North America, South America, Europe, the Middle East, India, Africa, and the Asia Pacific. ESAB Corporation was founded in 1904 and is headquartered in North Bethesda, Maryland.

CEO	Mr. Shyam P. Kambeyanda
WEBSITE	esab.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	9000

ESAB Corporation Frequently Asked Questions

What is the ticker symbol for ESAB Corporation? What does ESAB stand for in stocks?

ESAB is the stock ticker symbol of ESAB Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ESAB Corporation (ESAB)?

As of Fri Apr 26 2024, market cap of ESAB Corporation is 6.51 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ESAB stock?

You can check ESAB's fair value in chart for subscribers.

What is the fair value of ESAB stock?

You can check ESAB's fair value in chart for subscribers. The fair value of ESAB Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ESAB Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ESAB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ESAB Corporation a good stock to buy?

The fair value guage provides a quick view whether ESAB is over valued or under valued. Whether ESAB Corporation is cheap or expensive depends on the assumptions which impact ESAB Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ESAB.

What is ESAB Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, ESAB's PE ratio (Price to Earnings) is 31.48 and Price to Sales (PS) ratio is 2.35. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ESAB PE ratio will change depending on the future growth rate expectations of investors.