Touchstone
Last syncOct 31, 2026, 6:54 PM ET

ESAB

Esab Corp Industrials General Industrial Machinery & Equipment, NEC Russell 3000
$69.76Close $4.2BMarket cap $64.51 – $134.5152-week range Nov 4, 2026Next report · before the open

Highlights

Cautions

  • Not in an uptrend 0 of 8 trend conditions
  • Lagging the market RS 8 · weaker than 92% of stocks over 12 months
  • Far from its high 48% below its 52-week high
  • Earnings shrinking EPS −52% year on year
  • Results soon Nov 4, 2026, in 3 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 6, 2026
Off 12-month high 48%
1wk up 4.2% price change
1mo up 6.1% price change
12-month return down 41% market up 11% · its own down 50%
F-score 4 / 9 Weak
Altman Z 2.26 Moderate risk
P/E 18.7× price / earnings
PEG — P/E / EPS growth
P/B 2.0× price / book
Earnings yield up 7.8% EBIT / enterprise value
Cheaper than 75% of the market · cheap
Revenue growth up 4% year on year
EPS growth down 52% latest quarter · -23 pts
Sales growth up 13% latest quarter · +3 pts
ROE up 12% return on equity
Free cash margin up 8% $213.3M FCF
D/E 0.57 long-term debt / equity
Net debt / EBITDA 2.1×
Interest cover —EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • took on more long-term debt
  • issued more shares
  • gross margin narrowed
  • assets working less efficiently
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash
  • short-term liquidity improved

Repair signals

  • Revenue reaccelerating (-1% then +4%)

Trade setup

ATR% 4.3% $3.03 a day · 2×ATR $63.70
RS 8 / 99 vs the universe
Trend 0 / 8 trend template
Relative volume 1.5× vs 50-day average
Up/down volume 1.13 50 sessions
Implied move — no option chain · report Nov 4, 2026
Trend template · 0 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Aug 6, 2026
Results reaction Aug 6, 2026-1% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $2.8B +4% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $2.0B FY2021 · $2.4B FY2022 · $2.6B FY2023 · $2.8B FY2024 · $2.7B FY2025 · $2.8B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $226.8M -14% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $157.4M FY2021 · $235.1M FY2022 · $223.7M FY2023 · $205.3M FY2024 · $264.8M FY2025 · $226.8M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $213.3M -30% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $269.0M FY2021 · $215.2M FY2022 · $174.1M FY2023 · $282.3M FY2024 · $303.6M FY2025 · $213.3M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 37%
  • Net 8%
  • Free cash 8%
0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 35% · Net 8% · Free cash 14% FY2021 · Gross 35% · Net 10% · Free cash 9% FY2022 · Gross 34% · Net 9% · Free cash 7% FY2023 · Gross 37% · Net 7% · Free cash 10% FY2024 · Gross 38% · Net 10% · Free cash 11% FY2025 · Gross 37% · Net 8% · Free cash 8%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $1.0B net debt
  • Cash
  • Long-term debt
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $49.2M FY2021 · Cash $41.2M · Long-term debt $0 FY2022 · Cash $72.0M · Long-term debt $1.2B FY2023 · Cash $102.0M · Long-term debt $1.0B FY2024 · Cash $249.4M · Long-term debt $1.1B FY2025 · Cash $185.9M · Long-term debt $1.2B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 60.72m
60.72m 100 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 FY2021 · 100 FY2022 · 60.09m FY2023 · 60.30m FY2024 · 60.52m FY2025 · 60.72m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $2.0B $2.4B $2.6B $2.8B $2.7B $2.8B
Gross margin 35% 35% 34% 37% 38% 37%
Operating income $202.1M $306.2M $329.1M $404.2M $447.4M $412.2M
Net income $157.4M $235.1M $223.7M $205.3M $264.8M $226.8M
Net margin 8% 10% 9% 7% 10% 8%
Earnings per share $2.62 $3.92 $3.72 $3.38 $4.33 $3.70
Free cash flow $269.0M $215.2M $174.1M $282.3M $303.6M $213.3M
Free cash margin 14% 9% 7% 10% 11% 8%
Cash $49.2M $41.2M $72.0M $102.0M $249.4M $185.9M
Long-term debt — $0 $1.2B $1.0B $1.1B $1.2B
Shareholders' equity $2.5B $2.5B $1.4B $1.6B $1.8B $2.2B
Shares outstanding — 100 60.09m 60.30m 60.52m 60.72m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jul 3, 2026 34d
May 7, 2026 Quarterly ↗ Apr 3, 2026 34d
Feb 20, 2026 Annual ↗ Dec 31, 2025 51d
Oct 29, 2025 Quarterly ↗ Oct 3, 2025 26d
Aug 6, 2025 Quarterly ↗ Jul 4, 2025 33d
May 1, 2025 Quarterly ↗ Apr 4, 2025 27d
Feb 20, 2025 Annual ↗ Dec 31, 2024 51d
Oct 29, 2024 Quarterly ↗ Sep 27, 2024 32d
Aug 2, 2024 Quarterly ↗ Jun 28, 2024 35d
May 1, 2024 Quarterly ↗ Mar 29, 2024 33d
Feb 29, 2024 Annual ↗ Dec 31, 2023 60d
Nov 1, 2023 Quarterly ↗ Sep 29, 2023 33d

Current reports

FiledDisclosed
Aug 6, 2026 Results ↗
Jun 12, 2026 Director or officer change ↗
Jun 2, 2026 Acquisition or disposal · Unregistered share sale · Holder rights changed · Charter or bylaws · Regulation FD · Other events ↗
May 12, 2026 Shareholder vote ↗
May 7, 2026 Results ↗
Apr 2, 2026 Director or officer change · Regulation FD ↗
Mar 26, 2026 Material agreement · New obligation ↗
Mar 12, 2026 Regulation FD ↗
Feb 20, 2026 Results ↗
Feb 2, 2026 Material agreement · Results · Unregistered share sale · Regulation FD ↗
Dec 4, 2025 Director or officer change ↗
Oct 29, 2025 Results ↗