ESAB (ESAB) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

ESAB

NYSE•Industrials•Metal Fabrication

$64.94-1.73(-0.03%)Market closed

Market Cap

$3.98B

P/E

20.5x

P/S

1.3x

P/B

1.6x

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. It operates in Europe, Asia Pacific, South America, and the Middle East. ESAB Corporation was founded in 1904 and is headquartered in North Bethesda, Maryland.

How this company scores

AverageMetricSide Score: 47/100

Strongest: Cash & Earnings Quality (14/25); weakest: Profitability (10/25).

Profitability10/25

Growth12/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality14/25

Strengths

Consistent free cash flowConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 20.5x5y range 20.5x – 28246.9x

Currently near its 15-quarter median.

P/S · 1.3x5y range 1.3x – 2452.9x

Currently below its 15-quarter median.

P/B · 1.6x5y range 1.6x – 4711.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 23.9% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $3.98B

Metrics at a Glance

as of July 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.00B
Q. Revenue: $807.63M
TTM EBITDA: $461.43M
TTM Op. Income: $362.44M
Q. Op. Income: $78.72M
TTM Net Income: $194.06M
Q. Net Income: $30.96M
EPS: $0.5
Shares Out.: $61.33M

$3.00B in TTM revenue grew 9.7% YoY, reaching $807.63M last quarter. TTM EBITDA of $461.43M and TTM operating income of $362.44M show growth is flowing through to the bottom line. TTM net income of $194.06M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 38.0%
EBITDA Margin: 13.2%
Op. Margin: 9.7%
Net Margin: 3.8%

Op. margin of 9.7% is down 5.5% YoY — costs are rising relative to revenue. Net margin at 3.8% and gross margin of 38.0% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 36% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 20.5x
P/S Ratio: 1.3x
P/B Ratio: 1.6x

At 20.5x P/E, the stock trades within typical market levels. P/S of 1.3x and P/B of 1.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $6.56B
Cash: $217.49M
Long-Term Debt: $2.39B
Book Value: $2.54B
D/E Ratio: 0.9
Debt/EBITDA: 22.4

With $6.56B in assets and $2.39B in long-term debt, D/E is 0.9and book value is $2.54B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $33.42M
TTM Free Cash Flow: $196.61M
FCF Margin: 6.5%
FCF / Net Income: 1.0

TTM FCF of $196.61M on $33.42M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 24% — a weakening trend.