Stocks · Industrials · Industrial - Machinery
ESAB Corporation ESAB
$69.90 +4.16% Close, Oct 2, 2026 · NYSE · Market cap $4.26B
Weak trend
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 5.0× EBITDA, a high level of leverage.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
- Diluted EPS over the last four quarters was $2.73, down 34.8% year over year.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth33Weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 44%
- EPS growth (TTM, YoY)Bottom 20%
- FCF growth (TTM, YoY)Bottom 29%
- Revenue growth, 3-year CAGRBottom 42%
- Revenue growth accelerationTop 34%
Quality48Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 48%
- Gross marginTop 33%
- Operating marginTop 23%
- Cash conversion (OCF / net income)Top 50%
- Accruals (lower is better)Bottom 24%
- Net debt / EBITDA (lower is better)Bottom 17%
- Interest coverTop 34%
Value69Positive
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 31%
- Free-cash-flow yieldTop 34%
- EBITDA / enterprise valueTop 41%
- Sales / enterprise valueBottom 49%
- P/E vs own 5-year history (lower is better)Top 39%
Momentum14Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 12%
- 6-month returnBottom 11%
- 1-year return vs S&P 500Bottom 14%
- Distance from 52-week highBottom 20%
- Trend checklist (0–4)Bottom 40%
Revisions66Positive
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 36%
- Consecutive EPS beatsBottom 16%
- Share of analysts rating BuyTop 9%
- Upside to consensus price targetTop 15%
Stability30Weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 44%
- Maximum drawdown, 3 yearsBottom 48%
- Beta vs S&P 500 (lower is better)Bottom 37%
- Net debt / EBITDA (lower is better)Bottom 17%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 6.6% | 9.7% | ↑ |
| EPS growth (YoY) | -25.6% | -34.8% | ↓ |
| Gross margin | 37.7% | 35.7% | ↓ |
| Operating margin | 15.9% | 15.1% | ↓ |
| FCF margin | 9.4% | 6.5% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 9.7% | 6.6% | ↑ | Top 44% |
| EPS growth (TTM, YoY) | -34.8% | -25.6% | ↓ | Bottom 20% |
| Gross margin | 35.7% | 37.7% | ↓ | Top 33% |
| Operating margin | 15.1% | 15.9% | ↓ | Top 23% |
| Net margin | 5.7% | 9.4% | ↓ | — |
| Free-cash-flow margin | 6.5% | 9.4% | ↓ | — |
| Return on invested capital | 6.1% | — | Top 48% | |
| Revenue growth, 3-year CAGR | 3.1% | — | Bottom 42% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.50×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +11.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 4.97×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 6.7×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.57%
- Net buyback yield (TTM)
- -3.28%
- Shareholder yield
- -2.71%
- Share count change, 1 year
- +0.4%
- Share count change, 3-year CAGR
- +0.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 3, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +0.4%
- Average 2-day reaction, last 8
- -1.8%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $135.00
- Target vs current price
- +93.1%
- Analysts with a rating
- 10
- Share rating Buy or Strong Buy
- 90%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | -2.2% | +2.2% | -6.9% | -20.0% | — |
| May 7, 2026 | -0.8% | +0.8% | -10.4% | -13.0% | -10.3% |
| Feb 20, 2026 | +0.7% | -1.5% | -4.4% | -24.7% | -32.2% |
| Oct 29, 2025 | +3.9% | -5.6% | -7.8% | -7.9% | -0.5% |
| Aug 6, 2025 | +1.5% | -17.2% | -15.0% | -13.6% | -13.4% |
| May 1, 2025 | +5.9% | -1.6% | +1.6% | +3.1% | +9.6% |
| Feb 20, 2025 | +11.3% | -4.0% | -0.5% | -2.2% | +2.5% |
| Oct 29, 2024 | +11.6% | +12.7% | +10.0% | +15.9% | +8.6% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $1.33 | $1.36 | -2.2% | $807.6M |
| May 7, 2026 | $1.31 | $1.32 | -0.8% | $745.6M |
| Feb 20, 2026 | $1.35 | $1.34 | +0.7% | $687.6M |
| Oct 29, 2025 | $1.32 | $1.27 | +3.9% | $727.8M |
| Aug 6, 2025 | $1.36 | $1.34 | +1.5% | $715.6M |
| May 1, 2025 | $1.25 | $1.18 | +5.9% | $678.1M |
| Feb 20, 2025 | $1.28 | $1.15 | +11.3% | $670.8M |
| Oct 29, 2024 | $1.25 | $1.12 | +11.6% | $673.3M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 25.6× | 26.1× | 47th | Top 31% |
| P/E (forward) | 12.8× | — | — | — |
| EV / EBITDA | 14.6× | — | — | Top 41% |
| EV / Sales | 2.15× | — | — | Bottom 49% |
| Free-cash-flow yield | 4.62% | — | — | Top 34% |
| Earnings yield | 3.91% | — | — | Top 31% |
P/E over the past five years
Range 11.2× – 35.3× since Dec 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -37.3%
- Earnings per share growth (TTM)
- -34.8%
- Change in P/E multiple
- +32.7%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -10.2%
- 200-day average slope (20 days)
- -4.1%
- Distance from 50-day average
- -10.1%
- Distance from 200-day average
- -28.7%
- RSI (14)
- 47.0
- Relative volume
- 0.97×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 48.4%
- Volatility vs own 5-year history
- 84th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.22
- Correlation with S&P 500
- 0.47
- Current drawdown from 1-year high
- -48.2%
- Maximum drawdown, 3 years
- -51.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 11, 2024 | Sep 18, 2026 | -51.9% | 463 days | Not yet recovered |
| Apr 13, 2022 | Oct 14, 2022 | -41.2% | 127 days | 68 days (Jan 24, 2023) |
| Apr 8, 2024 | Jul 5, 2024 | -19.2% | 61 days | 74 days (Oct 18, 2024) |
| Aug 1, 2023 | Oct 24, 2023 | -15.3% | 59 days | 8 days (Nov 3, 2023) |
| Apr 4, 2022 | Apr 5, 2022 | -10.2% | 1 days | 5 days (Apr 12, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $4.26B
- P/E (TTM)
- 25.6
- EPS, diluted (TTM)
- $2.73
- Revenue (TTM)
- $3.00B
- Dividend yield
- 0.63%
- 52-week range
- $64.83 – $137.42
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.43B | $2.59B | $2.77B | $2.74B | $2.84B |
| Gross profit | $838.0M | $885.5M | $1.02B | $1.04B | $1.01B |
| Operating income | $306.2M | $329.1M | $404.2M | $447.4M | $491.8M |
| Net income | $235.1M | $223.7M | $205.3M | $264.8M | $226.8M |
| EPS (diluted) | $3.92 | $3.72 | $3.36 | $4.31 | $3.72 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $673.3M | $670.8M | $678.1M | $715.6M | $727.8M | $721.0M | $745.6M | $807.6M |
| Net income | $68.2M | $53.7M | $67.4M | $66.9M | $54.8M | $37.7M | $47.6M | $32.4M |
| EPS (diluted) | $1.12 | $0.88 | $1.10 | $1.09 | $0.90 | $0.55 | $0.78 | $0.50 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $250.7M | $214.4M | $330.5M | $355.4M | $260.6M |
| Capital expenditure | -$35.6M | -$40.2M | -$48.2M | -$51.8M | -$47.3M |
| Free cash flow | $215.2M | $174.1M | $282.3M | $303.6M | $213.3M |
| Dividends paid | $0 | -$6.1M | -$13.3M | -$17.0M | -$21.9M |
| Net share buybacks | $0 | $0 | $0 | $0 | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $217.5M
- Total assets
- $6.56B
- Total liabilities
- $3.98B
- Total debt
- $2.42B
- Net debt
- $2.21B
- Shareholders’ equity
- $2.54B
As of Jul 3, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 2, 2026 | $0.12 | Oct 16, 2026 |
| Jul 2, 2026 | $0.12 | Jul 17, 2026 |
| Apr 2, 2026 | $0.10 | Apr 17, 2026 |
| Dec 31, 2025 | $0.10 | Jan 16, 2026 |
| Oct 3, 2025 | $0.10 | Oct 17, 2025 |
| Jul 3, 2025 | $0.10 | Jul 18, 2025 |
| Apr 4, 2025 | $0.08 | Apr 17, 2025 |
| Dec 31, 2024 | $0.08 | Jan 17, 2025 |
Short interest
- Shares sold short
- 4,727,607
- Days to cover
- 5.61
- Change vs previous report
- -8.8%
FINRA short interest, settlement date Sep 15, 2026.