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ESAB Corp

Industrials US ESAB

125.765USD
0.23(0.19%)

Last update at 2024-10-30T18:58:00Z

Day Range

122.59127.33
LowHigh

52 Week Range

46.7487.35
LowHigh

Fundamentals

  • Previous Close 125.53
  • Market Cap5202.60M
  • Volume229160
  • P/E Ratio24.11
  • Dividend Yield0.28%
  • EBITDA470.40M
  • Revenue TTM2749.54M
  • Revenue Per Share TTM45.69
  • Gross Profit TTM 885.53M
  • Diluted EPS TTM3.58

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax 300.25M 319.09M 205.84M 221.47M
Minority interest 4.27M -3.56900M -2.45400M -3.82300M
Net income 223.75M 235.11M 157.41M 172.91M
Selling general administrative 524.23M 501.61M 458.71M 550.94M
Selling and marketing expenses - - - -
Gross profit 885.53M 837.98M 682.47M 796.44M
Reconciled depreciation 65.98M 75.90M 76.64M 80.07M
Ebit 329.06M 306.21M 202.13M 256.08M
Ebitda 441.24M 431.23M 322.04M 348.62M
Depreciation and amortization 112.17M 125.02M 119.91M 92.54M
Non operating income net other - - - -
Operating income 329.06M 306.21M 202.13M 256.08M
Other operating expenses 2241.32M 2091.74M 1726.31M 2001.52M
Interest expense -37.95000M 39.81M 42.01M 50.90M
Tax provision 69.17M 80.41M 45.97M 44.74M
Interest income - - - -
Net interest income -37.95000M 1.67M 3.71M -0.99700M
Extraordinary items - - - -
Non recurring 23.10M - - -
Other items - - - -
Income tax expense 69.17M 80.41M 45.97M 44.74M
Total revenue 2593.48M 2428.11M 1950.07M 2247.03M
Total operating expenses 533.37M 501.61M 458.71M 550.94M
Cost of revenue 1707.95M 1590.13M 1267.60M 1450.58M
Total other income expense net -28.81400M 12.87M 3.71M -34.61300M
Discontinued operations -3.06800M -3.06800M -3.06800M -3.06800M
Net income from continuing ops 231.08M 238.68M 159.87M 176.73M
Net income applicable to common shares 223.75M 235.11M 157.41M 172.91M
Preferred stock and other adjustments - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 3754.01M 3461.26M 3385.83M -
Intangible assets 517.17M 521.43M 577.35M -
Earning assets - - - -
Other current assets 68.85M 67.36M 63.51M 72.43M
Total liab 2365.56M 959.53M 841.06M -
Total stockholder equity 1350.21M 2460.74M 2502.63M -
Deferred long term liab - - - -
Other current liab 240.75M 208.38M 179.33M 75.37M
Common stock 0.06M 2921.62M 2898.83M 3058.67M
Capital stock 0.06M 2921.62M 2898.83M -
Retained earnings 159.23M - - -
Other liab 469.18M 274.17M 301.81M 298.19M
Good will 1529.77M 1532.99M 1553.23M -
Other assets 342.15M 48.54M 54.43M 44.72M
Cash 72.02M 41.21M 49.21M -
Cash and equivalents - - - -
Total current liabilities 601.58M 596.59M 460.84M 435.83M
Current deferred revenue 25.90M 22.27M 21.60M -
Net debt 1165.28M 68.03M 47.83M -
Short term debt 18.66M 20.47M 18.64M -
Short long term debt - - - -
Short long term debt total 1237.31M 109.24M 97.04M -
Other stockholder equity 1865.90M -460.88800M -396.20300M -423.52800M
Property plant equipment 284.23M 394.22M 395.87M 400.25M
Total current assets 988.67M 964.07M 804.95M 933.90M
Long term investments - - - -
Net tangible assets -696.72700M 406.31M 372.05M 523.07M
Short term investments - - - -
Net receivables 374.33M 383.50M 329.56M 364.15M
Long term debt 1218.64M - - -
Inventory 416.83M 420.06M 313.39M 349.47M
Accounts payable 316.26M 345.48M 241.27M 235.29M
Total permanent equity - - - -
Noncontrolling interest in consolidated entity 38.25M - - -
Temporary equity redeemable noncontrolling interests - - - -
Accumulated other comprehensive income -674.98800M -460.88800M -396.20300M -
Additional paid in capital - - - -
Common stock total equity 0.06M - - -
Preferred stock total equity - - - -
Retained earnings total equity 159.23M - - -
Treasury stock - - - -
Accumulated amortization - - - -
Non currrent assets other 342.15M 48.54M 54.43M -
Deferred long term asset charges - - - -
Non current assets total 2765.34M 2497.19M 2580.88M -
Capital lease obligations 94.83M 109.24M 97.04M -
Long term debt total 1218.64M - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -184.42300M -35.26500M -34.57300M -37.46400M
Change to liabilities -28.79400M 114.50M 7.06M -37.81800M
Total cashflows from investing activities -184.42300M -35.26500M -34.57300M -37.46400M
Net borrowings 1215.68M 0.67M -0.19000M -4.88800M
Total cash from financing activities 7.56M -221.57100M -326.42300M -176.44800M
Change to operating activities -18.47100M 20.89M 14.01M -6.99300M
Net income 228.01M 238.68M 159.87M 176.73M
Change in cash 30.82M -8.00000M -55.62500M 33.87M
Begin period cash flow 41.21M 49.21M 104.83M 70.97M
End period cash flow 72.02M 41.21M 49.21M 104.83M
Total cash from operating activities 214.36M 250.74M 309.18M 249.83M
Issuance of capital stock - - - -
Depreciation 65.98M 75.90M 76.64M 80.07M
Other cashflows from investing activities -144.18000M - - -
Dividends paid -6.05400M 6.05M 6.05M 6.05M
Change to inventory -10.06600M -117.35000M 34.84M 4.66M
Change to account receivables -8.14200M -67.85000M 27.73M 16.98M
Sale purchase of stock -3.42000M - - -
Other cashflows from financing activities 599.10M -221.57100M -326.23300M -171.56000M
Change to netincome -14.16000M -9.16400M -6.56700M 23.50M
Capital expenditures 40.24M 35.58M 40.14M 44.45M
Change receivables -8.14200M - - -
Cash flows other operating -18.47100M - - -
Exchange rate changes - - - -
Cash and cash equivalents changes 37.49M - - -
Change in working capital -65.47300M -49.80900M 83.63M -23.17100M
Stock based compensation 12.96M 6.27M 6.44M 5.88M
Other non cash items -6.92500M -11.65500M -3.37000M 32.95M
Free cash flow 174.12M 215.15M 269.04M 205.38M

Peer Comparison

Sector: Industrials Industry: Metal Fabrication

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ESAB
ESAB Corp
0.23 0.19% 125.77 24.11 17.95 1.89 3.47 2.29 13.20
ATI
Allegheny Technologies Incorporated
-2.08 3.66% 54.74 22.34 17.76 1.38 4.59 1.81 13.26
MLI
Mueller Industries Inc
0.10 0.12% 83.10 8.62 14.62 1.47 2.35 1.17 4.64
TYEKF
Thyssenkrupp AG O.N.
- -% 3.25 - 14.22 0.12 0.34 0.03 -0.4811
TKAMY
Thyssenkrupp AG ADR
- -% 3.58 - 24.39 0.12 0.34 0.03 -0.4939

Reports Covered

Stock Research & News

Profile

ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, and automated welding; and 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 comprising electrodes, nozzles, shields, and tips. The company's equipment ranges from portable welding machines to large customized automated cutting and welding systems. It also offers a range of software and digital 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, such as general industry, infrastructure, renewable energy, medical and life sciences, transportation, construction, and energy. It offers its products through independent distributors and direct salespeople. The company operates in North America, South America, Europe, the Middle East, India, Africa, and the Asia Pacific. ESAB Corporation was founded in 1904 and is headquartered in North Bethesda, Maryland.

ESAB Corp

909 Rose Avenue, North Bethesda, MD, United States, 20852

Key Executives

Name Title Year Born
Mr. Shyam P. Kambeyanda Pres, CEO & Director 1971
Mr. Kevin J. Johnson FCPA (Aust) Chief Financial Officer 1976
Mr. Curtis E. Jewell Sr. VP, Gen. Counsel & Corp. Sec. 1982
Ms. Michele Campion Chief HR Officer 1976
Mr. Vusa Mlingo Sr. VP of Strategy & Bus. Devel. 1970
Mr. Olivier Biebuyck Pres of EMEA 1971

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