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) Free cash flow margin

Alert me on Free cash flow margin

ESAB Corporation's free cash flow margin over the twelve months to 30 September 2026 was 5.91%, down 1.8 percentage points from fiscal 2025 (7.73%). Over the past ten years it has ranged from 6.90% (fiscal 2022) to 14.1% (fiscal 2020); the current reading is higher than 33% of that period. That is above the Metal Fabrication industry median of 3.13% and above the Industrials sector median of 2.06%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 7.73% (3.49)
FY2024 11.2% 0.88
FY2023 10.3% 3.44
FY2022 6.90% (2.18)
FY2021 9.08% (5.00)
FY2020 14.1% —

Against its own ten years

Low 6.90% High 14.1%
Ten-year median 9.71%
Current reading's percentile 33

Free cash flow margin against peers

Company Free cash flow margin
WOR Worthington Enterprises, Inc. compare 13.9%
MLI Mueller Industries, Inc. compare 13.8%
CRS Carpenter Technology Corporation compare 10.7%
ATI ATI Inc. compare 8.74%
PRLB Proto Labs, Inc. compare 8.61%
ESAB ESAB Corporation 5.91%
CMC Commercial Metals Company compare 5.22%
GPGI CompoSecure, Inc. compare 0.00%
RYZ Ryerson Holding Corporation compare −2.57%
Metal Fabrication industry median 3.13%
Industrials sector median 2.06%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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