Companies /Industrials

ESAB Corp

NYSE: ESAB Metal Fabrication
$78.99
▼ $3.24 (−3.94%) today
Markets closed · 9:03pm ET

Q4 2025 Earnings

Reported Feb 20, 2026, 6:44am ET · SEC source
$1.35
Beat +0.66%
EPS · est. $1.34
$721.0M
Beat +4.82%
Revenue · est. $687.8M
−20.5%
Trailing market
ESAB vs S&P since report
2 quarters
Consecutive EPS misses

Market Reaction

% change · around the report
−6%−3%0Feb 19Feb 27report 6:44am ETearnings+0.2%−3.4%
−6%−3%0Feb 19Feb 27earnings+0.2%−3.4%
ESAB −3.4%S&P 500 +0.2%
−6%−3%0+3%Feb 19Feb 27report 6:44am ETearnings+0.6%−3.4%
−6%−3%0+3%Feb 19Feb 27earnings+0.6%−3.4%
ESAB −3.4%NASDAQ +0.6%
−1.51%
Day of report
−4.65%
Next session
−1.91%
One week
−25.79%
30 days

S&P 500 over the same 30 days: −5.26%.

Did ESAB Beat Earnings? Q4 2025 Results

ESAB Corporation closed out 2025 on steady footing, posting fourth-quarter adjusted EPS of $1.35 and revenue of $720.99 million as its acquisition-driven growth strategy continued to reshape the top line even as organic demand remained soft. Reported sales climbed 7% in the quarter, though core organic sales slipped 2% year-over-year, with the EMEA and APAC segment carrying the load through 15% total sales growth and roughly $43.70 million in acquisition contributions. The Americas segment proved a drag, with organic sales contracting 4.9%, underscoring the uneven demand environment facing the welding and fabrication technology leader. For the full year, ESAB deployed $438.31 million on acquisitions while holding core adjusted EBITDA margins at 20.0%, up 30 basis points, a result management credited to its industrial compounder playbook. The company's board also declared a quarterly dividend of $0.10 per share, payable in April. Looking ahead, ESAB guided 2026 core adjusted EPS of $5.70 to $5.90, supported by expected total core sales growth of 6.0% to 9.0%.

Key Takeaways
  • Acquisition-driven sales growth of 6.9% in Q4
  • Core adjusted EBITDA margin expansion of 10 basis points to 20.4% in Q4
  • EMEA & APAC segment core sales growth of 17.8% in Q4
  • Full year core adjusted EBITDA margin expansion of 30 basis points to 20.0%

Forward Guidance & Outlook

For full year 2026, ESAB expects core organic growth of 2.0% to 4.0% and total core sales growth of 6.0% to 9.0%, reflecting a 0.0% to 1.0% currency tailwind and approximately 4% M&A growth. The company guides core adjusted EBITDA of $575 to $595 million and core adjusted EPS of $5.70 to $5.90.

ESAB YoY Financials

Revenue$721.0M
Gross Profit$257.8M
Operating Income$86.6M
Net Income$37.7M

ESAB Revenue by Segment

EMEA & APAC$446.8M+15.0%
Americas$274.2M−2.8%

ESAB Revenue by Geography

EMEA$446.8M+15.0%
Americas$274.2M−2.8%

Figures from SEC filings and company reports. Not investment advice.