ESAB (ESAB) vs Mirion Technologies (MIR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Mirion Technologies (MIR) has outperformed ESAB (ESAB) over the past year, losing 28.9% versus a loss of 42.8%. ESAB is the larger company by market cap ($4.02 billion vs $4.01 billion), about 1.0 times the size, while Mirion Technologies is growing revenue faster (+7.5% vs +3.7%). On valuation, ESAB trades at a lower forward P/E (10.0x vs 23.9x for Mirion Technologies).
ESAB pays a dividend yielding 0.65%, while Mirion Technologies does not currently pay one. ESAB converts more of its revenue into profit, with a net margin of 8.0% versus 3.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ESAB | MIR |
|---|---|---|
| Share price | $64.73 | $16.10 |
| Market cap | $4.02B | $4.01B |
| 1-day change | -3.57% | -2.13% |
| YTD return | -39.92% | -29.76% |
| 1-year return | -42.83% | -28.88% |
| 5-year return | — | +64.66% |
| P/E ratio (TTM) | 20.16 | 178.89 |
| Forward P/E | 10.01 | 23.87 |
| EPS (TTM) | $3.21 | $0.09 |
| Dividend yield | 0.65% | 0.00% |
| Annual dividend | $0.42 | $0.00 |
| Revenue (latest FY) | $2.84B | $925.40M |
| Revenue growth (YoY) | +3.71% | +7.50% |
| Net income (latest FY) | $226.77M | $28.80M |
| Gross margin | 36.88% | 47.40% |
| Operating margin | 14.50% | 5.57% |
| Net margin | 7.98% | 3.11% |
| 52-week high | $137.42 | $30.28 |
| 52-week low | $62.74 | $14.04 |
| Distance from 52-week high | -52.90% | -46.82% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +96.08% | +49.07% |
| Average volume | 820.91K | 3.90M |
| Shares outstanding | 62.14M | 243.28M |
| Employees | 10,300 | 3,200 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MIR has outperformed ESAB by 13.9 percentage points over the past year.
- Mirion Technologies trades at a higher earnings multiple (178.9x vs 20.2x trailing P/E).
About ESAB
ESAB stock →ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, automated welding, and gas control equipment. It offers its products through independent distributors and direct salespeople.
Industrials · Industrial Machinery/Components · 10,300 employees
About Mirion Technologies
MIR stock →Mirion Technologies, Inc. provides radiation detection, measurement, analysis, and monitoring products and services in North America, Europe, and the Asia Pacific.
Industrials · Industrial Machinery/Components · 3,200 employees
ESAB vs MIR FAQ
Which is bigger, ESAB or Mirion Technologies?
ESAB (ESAB) is larger, with a market capitalization of $4.02B compared with $4.01B for Mirion Technologies (MIR).
Which stock has performed better over the past year, ESAB or MIR?
MIR returned -28.88% over the past 12 months, compared with -42.83% for ESAB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ESAB or MIR?
ESAB has the lower trailing P/E at 20.2, versus 178.9 for MIR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, ESAB or Mirion Technologies?
ESAB pays a dividend yielding 0.65%, while Mirion Technologies does not currently pay a regular dividend.
Are ESAB and Mirion Technologies in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.