ESABNYSEGeneral Industrial Machinery & Equipment, NECUS GAAP · USD

ESAB Corp

ESAB Corp designs, manufactures and sells fabrication technology used in cutting, joining and welding applications. Its portfolio spans consumables, equipment, gas control products, robotics and digital solutions sold under brands such as ESAB to industrial customers in about 150 countries.

Kysy yhtiöstä
Liikevaihto2 843milj. USD
+3,7 %v/v
Liikevoitto (EBIT)412milj. USD
−7,9 %v/v
EBIT-marginaali14,5%
−1,8 %-yks.v/v
Nettotulos227milj. USD
−14,4 %v/v
Vapaa kassavirta213milj. USD
−29,8 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

01 0002 0003 000milj. USD2020: 1 950 milj. USD2020: EBIT 202 milj. USD20202021: 2 428 milj. USD2021: EBIT 306 milj. USD20212022: 2 593 milj. USD2022: EBIT 329 milj. USD20222023: 2 775 milj. USD2023: EBIT 404 milj. USD20232024: 2 741 milj. USD2024: EBIT 447 milj. USD20242025: 2 843 milj. USD2025: EBIT 412 milj. USD20252 843412
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: ESAB Corp

Liiketoiminta

Osuus liikevaihdosta
Consumables45 %

Filler metals, welding wire, electrodes and other recurring-use products for joining and cutting.

Equipment30 %

Portable and industrial welding, cutting and fabrication machines sold through distributors and direct channels.

Gas control equipment10 %

Regulators, valves and related products used to manage shielding and process gases.

Robotics and automation8 %

Automated welding and cutting systems that improve throughput, quality and labor efficiency.

Digital solutions and services7 %

Software-enabled workflow tools, service offerings and productivity solutions tied to fabrication operations.

Tuotteet

Raportoitu · osuus liikevaihdosta
65,8%34,2%FY2025100 %
  • Equipment Products65,8 %
  • Consumable Products34,2 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

ESAB sells to a broad industrial customer base that needs joining, cutting and fabrication capability in day-to-day production. Buyers include distributors, fabricators and end users across many sectors, with demand tied to maintenance, replacement, project work and productivity upgrades. The company’s mix of consumables and equipment makes it relevant both for recurring shop-floor usage and larger capital purchases.

Industrial distributors

Buy ESAB products for resale and local market coverage, helping the company reach fragmented end users efficiently.

Fabrication and metalworking customers

Purchase consumables, equipment and gas control products for welding, cutting and joining operations.

Automation and robotics buyers

Invest in welding and cutting robotics to raise productivity, consistency and labor efficiency.

Industrial maintenance and repair users

Buy recurring consumables and portable equipment for ongoing repair, replacement and field work.

Large multinational industrial accounts

Source across regions for standardized products, application support and supply reliability.

Strategia

ESAB is focused on organic growth through product expansion, customer-base expansion and a balanced mix of equipment and consumables. Management also expects acquisitions to remain part of the playbook, using integration capabilities and the EBXai operating system to improve execution and capture synergies. The strategy is designed to strengthen share in fragmented niches while reducing cyclicality through geographic and end-market diversity.

Organic growth in core fabrication nichesKeskipitkä aikaväli

Broader products and customer coverage support share gains in fragmented markets.

Acquisition-led expansionKeskipitkä aikaväli

M&A adds technology, geography and scale in adjacent markets.

Operational excellence through EBXaiLyhyt aikaväli

Standardized processes and continuous improvement support margin and execution.

Maantiede

2025

ESAB operates globally through two reportable segments: Americas and EMEA & APAC. Management says the business serves customers in approximately 150 countries, with principal markets outside the United States in Europe, Asia Pacific, South America and the Middle East. The company’s international mix creates diversification benefits, but it also exposes results to currency swings, tariffs, trade restrictions and region-specific demand weakness such as Russia.

USA100 %

Riskit

ESAB is exposed to cyclical demand in welding and cutting markets, especially in developed economies where replacement and project activity can slow. Its heavy international footprint adds FX, tariff, trade and geopolitical risk, while cybersecurity and supply-chain disruptions could interrupt production or customer service. Acquisitions also create integration and goodwill/intangible impairment risk if expected synergies or growth do not materialize.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →International operations and FX/tariff exposure1Russia exposure2Cyclical and mature welding markets3Cybersecurity and IT disruption4Acquisition integration and impairment risk5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. International operations and FX/tariff exposureVaikutus: KorkeaTodennäköisyys: Korkea

    Most sales are outside the U.S., so currency moves and trade policy can affect revenue and margins.

    Kohdistuu: Americas and EMEA & APAC

  2. Russia exposureVaikutus: KorkeaTodennäköisyys: Korkea

    Management cited lower volumes in Russia as a drag on sales and core sales calculations exclude Russia.

    Kohdistuu: EMEA & APAC

  3. Cyclical and mature welding marketsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Demand in developed markets depends on industrial activity, replacement cycles and project timing.

    Kohdistuu: Equipment and consumables demand in developed markets

  4. Cybersecurity and IT disruptionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A breach could interrupt manufacturing, damage customer trust and create legal or remediation costs.

    Kohdistuu: Global operations and third-party vendors

  5. Acquisition integration and impairment riskVaikutus: KeskitasoTodennäköisyys: Matala

    Recent and future acquisitions must be integrated successfully or goodwill/intangibles may be impaired.

    Kohdistuu: Purchased businesses and trade names

Kysy Clarifolta: ESAB Corp

Kirjanpito

Harkinnanvaraiset erät
Point-in-time revenue recognition

Most product revenue is recognized when control transfers on shipment, so logistics timing affects quarterly results.

Vaikutus: Quarter-end shipment timing can move revenue between periods

Acquisition accounting and amortization

Recent acquisitions create acquired intangibles and amortization expense that affect reported margins.

Vaikutus: Purchase accounting can depress GAAP earnings versus core performance

Goodwill and indefinite-lived intangible impairment

Acquired businesses and trade names must be tested if performance weakens or market assumptions change.

Vaikutus: Potential non-cash impairment charges

Credit loss allowance

Trade receivables are subject to expected credit loss estimates in a diversified global customer base.

Vaikutus: Allowance changes can affect operating results

Non-GAAP core sales and core EBITDA adjustments

Management excludes Russia and acquisition-related items to show underlying performance.

Vaikutus: Important for trend analysis and segment comparability

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 24.9.2026

ESAB Corp (ESAB) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo