← ESAB Corp
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current assets: | ||||||
| Cash and Cash Equivalents, at Carrying Value | $41.2m | $72.0m | $102.0m | $249.4m | $185.9m | |
| Cash and cash equivalents | $41.2m | $72.0m | $102.0m | $249.4m | $185.9m | |
| Trade receivables, less allowance for credit losses of $21,765 and $23,850 | $383.5m | $374.3m | $385.2m | $370.3m | $451.3m | |
| Inventories, net | $420.1m | $416.8m | $392.9m | $403.7m | $481.8m | |
| Prepaid expenses | $51.9m | $56.6m | $61.8m | $55.7m | $66.1m | |
| Other current assets | $67.4m | $68.9m | $55.9m | $69.3m | $76.9m | |
| Accounts Receivable | — | $374.3m | $385.2m | $370.3m | $451.3m | |
| Allowance For Doubtful Accounts Receivable | — | ($23.5m) | ($25.5m) | ($23.9m) | ($21.8m) | |
| Cash Cash Equivalents And Short Term Investments | — | $72.0m | $102.0m | $249.4m | $185.9m | |
| Gross Accounts Receivable | — | $397.8m | $410.7m | $394.2m | $473.1m | |
| Inventories Adjustments Allowances | — | ($42.3m) | ($51.9m) | ($41.2m) | ($39.2m) | |
| Prepaid Assets | — | $56.6m | $61.8m | $55.7m | $66.1m | |
| Inventory, Net | $420.1m | $416.8m | $392.9m | $403.7m | $481.8m | |
| Assets, Current | $964.1m | $988.7m | $997.7m | $1.1b | $1.3b | |
| Total current assets | $964.1m | $988.7m | $997.7m | $1.1b | $1.3b | |
| Property, Plant and Equipment, Net | $286.3m | $284.2m | $294.3m | $298.3m | $381.9m | |
| Goodwill | $1.5b | $1.5b | $1.6b | $1.7b | $1.9b | |
| Intangible Assets, Net (Excluding Goodwill) | $521.4m | $517.2m | $499.5m | $488.0m | $673.0m | |
| Intangible assets, net | $521.4m | $517.2m | $499.5m | $488.0m | $673.0m | |
| Goodwill And Other Intangible Assets | — | $2.0b | $2.1b | $2.1b | $2.6b | |
| Other Intangible Assets | — | $517.2m | $499.5m | $488.0m | $673.0m | |
| Operating Lease, Right-of-Use Asset | $107.9m | $92.0m | $95.6m | $89.9m | $113.3m | |
| Other Assets, Noncurrent | $48.5m | $342.2m | $353.1m | $357.4m | $386.3m | |
| Lease asset - right of use | $107.9m | $92.0m | $95.6m | $89.9m | $113.3m | |
| Other assets | $48.5m | $342.2m | $353.1m | $357.4m | $386.3m | |
| Additional Financial Items | ||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $383.5m | $374.3m | $385.2m | $370.3m | $451.3m | |
| Accrued Liabilities, Current | $251.1m | $285.3m | $313.5m | $298.6m | $302.0m | |
| Other liabilities | $362.9m | $545.3m | $542.8m | $532.9m | $657.2m | |
| Accumulated Depreciation | — | ($278.9m) | ($293.8m) | ($301.3m) | ($362.1m) | |
| Buildings And Improvements | — | $164.5m | $178.7m | $176.1m | $233.8m | |
| Capital Lease Obligations | — | $94.8m | $99.4m | $87.5m | $110.2m | |
| Current Accrued Expenses | — | $38.8m | $37.4m | $42.9m | $57.8m | |
| Current Capital Lease Obligation | — | $18.7m | $22.8m | $21.5m | $22.1m | |
| Current Debt | — | — | — | $15.0m | $2.4m | |
| Current Debt And Capital Lease Obligation | — | $18.7m | $22.8m | $36.5m | $24.5m | |
| Current Deferred Liabilities | — | $25.9m | $31.2m | $26.4m | $19.7m | |
| Current Provisions | $15.0m | $12.9m | $12.6m | $12.8m | — | |
| Employee Benefits | — | $57.4m | $52.6m | $48.4m | $52.7m | |
| Finished Goods | — | $261.9m | $244.6m | $252.0m | $307.5m | |
| Gross PPE | — | $655.2m | $683.7m | $689.5m | $857.3m | |
| Interest Payable | — | — | $711k | $8.1m | $8.6m | |
| Invested Capital | — | $2.6b | $2.6b | $2.8b | $3.4b | |
| Land And Improvements | — | $15.8m | $15.1m | $14.5m | $23.5m | |
| Long Term Capital Lease Obligation | — | $76.2m | $76.6m | $66.0m | $88.1m | |
| Machinery Furniture Equipment | — | $382.8m | $394.3m | $409.0m | $486.7m | |
| Net Debt | — | $1.1b | $916.1m | $826.4m | $1.0b | |
| Net PPE | — | $376.3m | $389.9m | $388.2m | $495.2m | |
| Net Tangible Assets | — | ($696.7m) | ($480.5m) | ($371.0m) | ($456.7m) | |
| Non Current Accrued Expenses | — | $285k | $354k | $374k | $319k | |
| Non Current Deferred Liabilities | — | $0 | $0 | $0 | $0 | |
| Ordinary Shares Number | — | $60.1m | $60.3m | $60.5m | $60.7m | |
| Other Current Borrowings | — | — | — | $15.0m | $2.4m | |
| Other Current Liabilities | — | $77.5m | $79.3m | $80.9m | $80.2m | |
| Other Equity Adjustments | — | ($675.0m) | ($624.3m) | ($729.6m) | ($539.7m) | |
| Other Non Current Assets | — | $342.2m | $353.1m | $357.4m | $386.3m | |
| Other Non Current Liabilities | — | $250.0m | $268.6m | $266.5m | $333.2m | |
| Other Properties | — | $92.0m | $95.6m | $89.9m | $113.3m | |
| Properties | — | $0 | $0 | $0 | $0 | |
| Raw Materials | — | $153.1m | $156.6m | $151.2m | $173.5m | |
| Share Issued | — | $60.1m | $60.3m | $60.5m | $60.7m | |
| Tangible Book Value | — | ($696.7m) | ($480.5m) | ($371.0m) | ($456.7m) | |
| Tradeand Other Payables Non Current | — | $161.5m | $144.7m | $151.6m | $182.9m | |
| Work In Process | — | $44.1m | $43.6m | $41.7m | $40.0m | |
| Working Capital | — | $387.1m | $377.6m | $516.3m | $597.1m | |
| Total ESAB Corporation equity | $2.5b | $1.4b | $1.6b | $1.8b | $2.2b | |
| Total equity | $2.5b | $1.4b | $1.6b | $1.8b | $2.2b | |
| Total Capitalization | — | $2.6b | $2.6b | $2.8b | $3.4b | |
| Total Debt | — | $1.3b | $1.1b | $1.2b | $1.3b | |
| Total Non Current Assets | — | $2.8b | $2.8b | $2.9b | $3.5b | |
| Total Tax Payable | — | $49.6m | $45.7m | $46.4m | $53.7m | |
| Assets | $3.5b | $3.8b | $3.8b | $4.0b | $4.8b | |
| Total assets | $3.5b | $3.8b | $3.8b | $4.0b | $4.8b | |
| LIABILITIES AND EQUITY | ||||||
| Current liabilities: | ||||||
| Operating Lease, Liability, Current | $20.5m | $18.7m | $22.8m | $21.5m | $22.1m | |
| Accounts Payable, Current | $345.5m | $316.3m | $306.6m | $318.5m | $360.4m | |
| Operating Lease, Liability, Noncurrent | $88.8m | $76.2m | $76.6m | $66.0m | $88.1m | |
| Dividends Payable, Current | — | $3 | $4 | $5 | — | |
| Long-term Debt, Current Maturities | — | — | — | $15.0m | $2.4m | |
| Long-term Debt, Excluding Current Maturities | $0 | $1.2b | $1.0b | $1.1b | $1.2b | |
| Current portion of long-term debt | — | — | $0 | $15.0m | $2.4m | |
| Current Deferred Revenue | — | $25.9m | $31.2m | $26.4m | $19.7m | |
| Payables And Accrued Expenses | — | $404.7m | $389.6m | $407.8m | $471.9m | |
| Liabilities, Current | $596.6m | $601.6m | $620.1m | $632.1m | $664.8m | |
| Total current liabilities | $596.6m | $601.6m | $620.1m | $632.1m | $664.8m | |
| Deferred Income Tax Liabilities, Net | $203.8m | $161.5m | $144.7m | $151.6m | $182.9m | |
| Other Liabilities, Noncurrent | $362.9m | $545.3m | $542.8m | $532.9m | $657.2m | |
| Long Term Debt And Capital Lease Obligation | — | $1.3b | $1.1b | $1.1b | $1.3b | |
| Pensionand Other Post Retirement Benefit Plans Current | — | $74.8m | $97.1m | $80.5m | $68.5m | |
| Deferred Tax Liabilities, Net | $162.4m | $96.8m | $72.9m | $90.0m | $100.6m | |
| Liabilities | $959.5m | $2.4b | $2.2b | $2.2b | $2.6b | |
| Total liabilities | $959.5m | $2.4b | $2.2b | $2.2b | $2.6b | |
| Stockholders’ equity: | ||||||
| Common Stock, Value, Issued | $0 | $60k | $60k | $61k | $61k | |
| Additional Paid in Capital | $0 | $1.9b | $1.9b | $1.9b | $1.9b | |
| Retained Earnings (Accumulated Deficit) | $0 | $159.2m | $350.6m | $597.2m | $800.8m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($460.9m) | ($675.0m) | ($624.3m) | ($729.6m) | ($539.7m) | |
| Common stock - $0.001 par value - 600,000,000 shares authorized; 60,721,079 and 60,517,574 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | 0 | 60k | 60k | 61k | 61k | |
| Accumulated other comprehensive loss | ($460.9m) | ($675.0m) | ($624.3m) | ($729.6m) | ($539.7m) | |
| Capital Stock | — | $60k | $60k | $61k | $61k | |
| Gains Losses Not Affecting Retained Earnings | — | ($675.0m) | ($624.3m) | ($729.6m) | ($539.7m) | |
| Stockholders' Equity Attributable to Parent | $2.5b | $1.4b | $1.6b | $1.8b | $2.2b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $41.0m | $38.3m | $40.3m | $39.2m | $45.5m | |
| Noncontrolling interest | $41.0m | $38.3m | $40.3m | $39.2m | $45.5m | |
| Minority Interest | — | $38.3m | $40.3m | $39.2m | $45.5m | |
| Total Equity Gross Minority Interest | — | $1.4b | $1.6b | $1.8b | $2.2b | |
| Total Non Current Liabilities Net Minority Interest | — | $1.8b | $1.6b | $1.6b | $1.9b | |
| Liabilities and Equity | $3.5b | $3.8b | $3.8b | $4.0b | $4.8b | |
| Total liabilities and equity | $3.5b | $3.8b | $3.8b | $4.0b | $4.8b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.