ESAB

ESAB Corp

Ticker: ESABIndustrialsIndustrial Machinery
HQ NORTH BETHESDA, MDCIK 1877322FY end 12-31Book / share $41.02Shares 62M
Revenue (FY)
$2.84B+3.71%
TTM $3.00B
Op. margin
14.50%-1.83%
TTM 12.07%
Net income
$233.23M-13.86%
TTM $178.52M
Operating cash
$260.57M-26.68%
TTM $258.87M
Free cash flow
$213.28M-29.75%
TTM $196.61M
Return on equity
11.39%-4.01%
TTM 6.80%
Debt / equity
0.57-0.04%
TTM 0.94
Shares outstanding
61.8M+0.55%
TTM 61.9M

The business

ESAB Corporation (NYSE: ESAB) is a focused premier industrial compounder founded in 1904 that provides fabrication technology, advanced equipment, consumables, gas control equipment, robotics, and digital solutions to customers worldwide. The company operates through two reportable segments: Americas, which includes North America and South America operations, and EMEA & APAC, which encompasses Europe, the Middle East, India, Africa, and Asia Pacific. For the fiscal year ended December 31, 2025, the Americas segment represented approximately 40 percent of net sales while EMEA & APAC accounted for 60 percent.

The company formulates, develops, manufactures, and supplies consumable products and equipment including cutting and joining technologies, welding robotics, and gas control equipment marketed under several brand names, most notably ESAB. Its products serve a highly diversified customer base across multiple industrial end markets through a combination of direct sales and third-party distribution channels. Approximately 52 percent of 2025 revenues were derived from high-growth markets including South America, Eastern Europe, India, Asia Pacific, and the Middle East, which are expected to grow at rates exceeding developed markets.

As of December 31, 2025, ESAB employed approximately 10,300 associates, with roughly 1,100 in the United States and 9,200 internationally across principal manufacturing facilities in 16 countries outside the United States. The company serves customers in approximately 150 countries and competes in a market estimated to reach approximately 45 billion dollars by the end of 2028.

The company's business model emphasizes continuous improvement through its proprietary ESAB Business Excellence methodology, which integrates culture, values, tools, and repeatable processes designed to drive operational excellence and create superior value for customers, stockholders, and associates. Acquisitions represent a core strategic component, with four acquisitions completed during 2025 and additional acquisitions expected in the future. The company's website is located at www.esabcorporation.com.

Sector
Industrials
Industry
Industrial Machinery
HQ
NORTH BETHESDA, MD
FY end
12-31
CIK
1877322
SIC
3569
Financial performance · annual
20222025
$-300.21M$600.41M$1.50B$2.40B$3.30B2022202320242025TTMTTMTTM

Ownership

Who holds ESAB Corp — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

376
funds hold it
0 of 35
superinvestors hold it
$3.44B
fund-held value
56.6%
of shares held by funds
2
bond issues held by funds

Top fund holders

Fund% of fundValue
T. Rowe Price Mid-Cap Growth Fund, Inc.
RPMGX · T. ROWE PRICE MID-CAP GROWTH FUND, INC.
1.07%$246.88M
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.16%$193.22M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%$180.96M
SMALLCAP World Fund Inc
SMCWX
0.19%$178.88M
T. Rowe Price Mid-Cap Value Fund, Inc.
TRMCX · T. ROWE PRICE MID-CAP VALUE FUND, INC.
0.93%$153.10M

Bonds held by funds

Funds report holding 2 issues of ESAB Corp's debt, $598.86M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 5.84%, maturing 20292031.

IssueCouponMaturesFundsFund-held
Esab Corp.5.625%2031-04-01263$394.86M
Esab Corp6.250%2029-04-15162$204.00M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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15 years of ESAB Corp's financials

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