ESAB Financial Statements
NYSE: ESABIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
ESAB revenue and earnings
In fiscal 2025, ESAB generated $2.84 billion in revenue, up 3.7% from fiscal 2024. Net income was $226.8 million (-14.4% year over year), for a net margin of 8.0% versus a median of 8.6% in the prior 5 years. Gross margin was 36.9% (down from 37.9%) and operating margin 14.5%.
Diluted earnings per share came in at $3.67, down from $4.31. Over the last 5 fiscal years, ESAB's revenue has grown at a 7.8% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
ESAB income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 2.84B | 2.74B | 2.77B | 2.59B | 2.43B | 1.95B |
| Revenue growth (YoY) | +3.71% | -1.22% | +6.99% | +6.81% | +24.51% | — |
| Cost of Revenue | 1.79B | 1.70B | 1.76B | 1.71B | 1.59B | 1.27B |
| Gross Profit | 1.05B | 1.04B | 1.02B | 885.53M | 837.98M | 682.47M |
| Operating Expenses | 144.78M | 162.32M | 168.65M | 140.85M | 531.77M | 480.34M |
| Research & Development | 44.00M | 39.20M | 38.80M | 36.00M | 39.70M | 34.80M |
| Selling, General & Admin | 608.42M | 579.78M | 587.48M | 533.37M | 512.82M | 458.71M |
| Operating Income | 412.17M | 447.45M | 404.17M | 329.06M | 306.21M | 202.13M |
| Pretax Income | 328.26M | 370.40M | 319.09M | 300.25M | 319.09M | 205.84M |
| Income Tax | 69.16M | 77.35M | 95.73M | 69.17M | 80.41M | 45.97M |
| Net Income | 226.77M | 264.84M | 205.28M | 223.75M | 235.11M | 157.41M |
| Net Income growth (YoY) | -14.38% | +29.01% | -8.25% | -4.83% | +49.36% | — |
| EPS (Basic) | 3.71 | 4.36 | 3.39 | 3.70 | 3.92 | 2.62 |
| EPS (Diluted) | 3.67 | 4.31 | 3.36 | 3.69 | 3.92 | 2.62 |
| Shares Outstanding (Basic) | 60.68M | 60.43M | 60.23M | 60.05M | 60.03M | 60.03M |
| Shares Outstanding (Diluted) | 61.27M | 61.10M | 60.66M | 60.15M | 60.03M | 60.03M |
| EBITDA | 496.27M | 514.24M | 479.20M | 395.04M | 382.11M | 278.77M |
| Gross Margin | 36.88% | 37.85% | 36.61% | 34.14% | 34.51% | 35.00% |
| Operating Margin | 14.50% | 16.33% | 14.57% | 12.69% | 12.61% | 10.37% |
| Net Margin | 7.98% | 9.66% | 7.40% | 8.63% | 9.68% | 8.07% |
This table shows 6 annual periods of ESAB's income statement, from FY 2025 back to FY 2020, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ESAB's reporting calendar. What is a income statement?