ESAB Corporation (ESAB) is a Industrials stock trading at $78.54 (as of 2026-08-20), with a market capitalization of $4.88B and a trailing P/E of 26.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
ESAB Corporation formulates, develops, manufactures, and supplies consumable products and equipment for use in cutting, joining, and automated welding, as well as gas control equipment. Its comprehensive range of welding consumables includes electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables, including electrodes, nozzles, shields, and tips. The company's fabrication technology equipment ranges from portable welding machines to large customized automated cutting and welding systems. It also offers a range of digital software and solutions to help its customers increase their productivity, remotely monitor their welding operations, and digitize their documentation. The company sells its products under the ESAB brand to various end markets, including general industry, construction, infrastructure, transportation, energy, renewable energy, and medical and life sciences. It offers its products through independent distributors and direct salespeople. ESAB Corporation was incorporated in 2021 and is based in Wilmington, Delaware.
ESAB makes and supplies consumables and equipment for cutting, joining, and automated welding, including electrodes, wires, fluxes, cutting consumables, welding systems, and gas control equipment, and earns revenue by selling these products to customers for welding and fabrication needs.
ESABs profit model is shaped by selling both consumables and fabrication technology equipment, and how that product mix translates into its gross margin and operating margin.
Business quality (Mixed): Clear business focus and reported profitability, but the provided segment detail is limited (only Americas segment sales is shown), so it is harder to pinpoint which part of the portfolio drives quarter-to-quarter results.
Valuation: At 32× earnings, ESAB trades in line with the Machinery average (34×). Note: one-time items can distort reported P/E.
| Price | $78.54 |
| Market Cap | $4.88B |
| P/E Ratio | 26.5 |
| EV / EBITDA | 15.2 |
| Price / Book | 1.89 |
| Price / Sales | 1.61 |
| FCF Yield | 5.5% |
| DCF Value (model) | $51.72 |
| DCF Upside vs Price | -34.1% |
| Revenue (TTM) | $2.84B |
| Net Margin | 8.0% |
| Revenue Growth (YoY) | 3.7% |
| EPS Growth (YoY) | -14.9% |
| FCF Growth (YoY) | -29.8% |
| Altman Z-Score | 2.39 (grey) |
| Piotroski F-Score | 5/9 (moderate) |
| Stock P/E | 26.5 |
| Sector P/E (Industrials) | 25.9 |
| Industry P/E (Machinery) | 32.3 |
| vs Sector | 2.4% |
| vs Industry | -17.9% |
| Top Institutional Holder | T. Rowe Price Investment Management, Inc. ($788.47M) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 3 |
| Sector | Industrials |
| Industry | Machinery |
| CEO | Shyam Kambeyanda |
| Employees | 8,000 |
| Country | US |
| IPO Date | 2022-03-29 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.