ESAB Corporation

ESAB Industrials Metal Fabrication

ESAB Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 3.71% from fiscal 2024.

Revenue
+13.3%
EPS
−28.1%
Free cash flow
−22.0%
Total debt
+74.3%

Quarter to September 2026, against a year earlier

80.59 1.47 +1.86%
Market cap
$4.9B
P/E
31.1×
Fwd P/E
18.2×
Dividend yield
0.56%
F-score
4/9
Altman Z
2.86
Beneish M
−2.25
Dividend safety
84/100

ESAB Corporation (ESAB) Debt to equity

Alert me on Debt to equity

ESAB Corporation's debt to equity at the end of the quarter to 30 September 2026 was 0.9×, up 0.3× from fiscal 2025 (0.6×). Over the past ten years it has ranged from 0.0× (fiscal 2020) to 0.9× (fiscal 2022); the current reading is higher than 50% of that period. That is above the Metal Fabrication industry median of 0.3× and above the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.6× (6.14%)
FY2024 0.6× (3.72%)
FY2023 0.6× (30.68%)
FY2022 0.9× 1,944.50%
FY2021 0.0× —
FY2020 0.0× —

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.9× (3.64%)
Jun 2026 0.9× 1.86%
Mar 2026 0.9× 63.11%
Dec 2025 0.6× (9.66%)
20 more quarters

Against its own ten years

Low 0.0× High 0.9×
Ten-year median 0.6×
Current reading's percentile 50

Debt to equity against peers

Company Debt to equity
PRLB Proto Labs, Inc. compare 0.0×
GPGI CompoSecure, Inc. compare 0.0×
MLI Mueller Industries, Inc. compare 0.0×
WOR Worthington Enterprises, Inc. compare 0.3×
CRS Carpenter Technology Corporation compare 0.3×
CMC Commercial Metals Company compare 0.7×
RYZ Ryerson Holding Corporation compare 0.8×
ATI ATI Inc. compare 0.9×
ESAB ESAB Corporation 0.9×
Metal Fabrication industry median 0.3×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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