ESAB Corp

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $2.0b $2.4b $2.6b $2.8b $2.7b $2.8b
Cost of Revenue $1.3b $1.6b $1.7b $1.8b $1.7b $1.8b
Cost of sales $1.3b $1.6b $1.7b $1.8b $1.7b $1.8b
Reconciled Cost Of Revenue $1.3b $1.6b $1.7b $1.8b $1.7b $1.8b
Gross Profit $682.5m $838.0m $885.5m $1.0b $1.0b $1.0b
Operating Expenses $162.3m $144.8m
Operating Income (Loss) $202.1m $306.2m $329.1m $404.2m $447.4m $412.2m
Additional Financial Items
Amortization of Intangible Assets $42.1m $35.6m $39.7m $36.0m $43.3m
Foreign Currency Transaction Gain (Loss), before Tax $2.4m $2.7m $13.1m $7.0m $2.4m
Goodwill, Impairment Loss $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $10.1m ($19.2m) $37.4m $50.2m $36.5m
Income (Loss) from Continuing Operations, Per Basic Share $4 $4 $4 $5 $4
Income (Loss) from Continuing Operations, Per Diluted Share $3 $4 $4 $4 $5 $4
Interest Income, Operating $8.7m
Restructuring and other related charges $21.6m $19.0m $23.1m $24.1m $10.2m $27.8m
Pension settlement loss $0 ($11.2m) ($9.1m) $0 $12.2m $0
Income from continuing operations before income taxes $205.8m $319.1m $300.3m $319.1m $370.4m $328.3m
Net income from continuing operations $159.9m $238.7m $231.1m $223.4m $293.1m $259.1m
Loss from discontinued operations, net of taxes $0 $0 ($3.1m) ($12.3m) ($22.3m) ($25.9m)
Income attributable to noncontrolling interest, net of taxes $2.5m $3.6m $4.3m $5.7m ($5.9m) ($6.5m)
Diluted EPS $2.62 $3.92 $3.69 $3.36 $4.31 $3.67
Diluted NI Availto Com Stockholders $157.4m $235.1m $223.7m $205.3m $264.8m $226.8m
Minority Interests ($4.3m) ($5.7m) ($5.9m) ($6.5m)
Net Income From Continuing And Discontinued Operation $157.4m $235.1m $223.7m $205.3m $264.8m $226.8m
Net Income From Continuing Operation Net Minority Interest $226.8m $217.6m $287.2m $252.6m
Net Interest Income ($38.0m) ($85.1m) ($64.9m) ($83.9m)
Normalized EBITDA $427.3m $503.3m $512.3m $524.0m
Normalized Income $244.6m $234.5m $295.2m $274.5m
Other Special Charges ($11.2m) ($9.1m) $12.2m
Reconciled Depreciation $66.0m $75.0m $66.8m $84.1m
Restructuring And Mergern Acquisition $21.6m $19.0m $23.1m $24.1m $10.2m $27.8m
Selling General And Administration $458.7m $512.8m $533.4m $587.5m $579.8m $608.4m
Special Income Charges ($23.1m) ($24.1m) ($10.2m) ($27.8m)
Tax Effect Of Unusual Items ($5.3m) ($7.2m) ($2.1m) ($5.9m)
Tax Provision $46.0m $80.4m $69.2m $95.7m $77.3m $69.2m
Tax Rate For Calcs $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $205.8m $319.1m $300.3m $319.1m $370.4m $328.3m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $238.7m $231.1m $217.6m $287.2m $252.6m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $223.4m $293.1m $259.1m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 $0 ($3.1m) ($12.3m) ($22.3m) ($25.9m)
Total Unusual Items ($23.1m) ($24.1m) ($10.2m) ($27.8m)
Total Unusual Items Excluding Goodwill ($23.1m) ($24.1m) ($10.2m) ($27.8m)
Pre-Tax Income $205.8m $319.1m $300.3m $319.1m $370.4m $328.3m
Net Income Continuous Operations $159.9m $238.7m $231.1m $223.4m $293.1m $259.1m
Net Income Discontinuous Operations $0 $0 ($3.1m) ($12.3m) ($22.3m) ($25.9m)
Net Income (Loss) Attributable to Parent $157.4m $235.1m $223.7m $205.3m $264.8m $226.8m
Net Income (Loss) Available to Common Stockholders, Basic $157.4m $235.1m $225.2m $216.1m $285.8m $251.4m
Net Income (Loss) Attributable to Noncontrolling Interest $3.6m $4.3m $5.7m $5.9m $6.5m
Net Income Including Noncontrolling Interests $228.0m $211.0m $270.7m $233.2m
Earnings Per Share, Basic $2.62 $3.92 $3.70 $3.39 $4.36 $3.71
Earnings Per Share, Diluted $2.62 $3.92 $3.69 $3.36 $4.31 $3.67
Common Stock, Dividends, Per Share, Declared $2.62 $3.92 $0.15 $0.23 $0.30 $0.38
Income from continuing operations (in dollars per share) $2.62 $3.92 $3.74 $3.56 $4.68 $4.10
Loss on discontinued operations (in dollars per share) $0.00 $0.00 ($0.05) ($0.20) ($0.37) ($0.43)
Weighted Average Number of Shares Outstanding, Basic 60.0m 60.1b 60.2m 60.4m 60.7m
Basic Average Shares $60.5m $60.2m $60.7m $61.1m
Diluted Average Shares $60.6m $60.7m $61.4m $61.8m
Weighted Average Number of Shares Outstanding, Diluted 60.0m 60.2b 60.7m 61.1m 61.3m
Research and Development Expense $39.7m $36.0m $38.8m $39.2m $44.0m
Selling, General and Administrative Expense $458.7m $512.8m $533.4m $587.5m $579.8m $608.4m
Business Combination, Acquisition Related Costs $11.0m
Other Cost and Expense, Operating $346.4m $343.9m
Interest expense and other, net ($3.7m) ($1.7m) $38.0m $85.1m $64.9m $83.9m
Current Income Tax Expense (Benefit) $89.1m $89.1m $120.8m $77.1m $100.7m
Income tax expense $46.0m $80.4m $69.2m $95.7m $77.3m $69.2m
Interest Expense ($3.7m) ($1.7m) $38.0m $85.1m $64.9m $83.9m
Interest Expense Non Operating ($3.7m) ($1.7m) $38.0m $85.1m $64.9m $83.9m
Net Non Operating Interest Income Expense ($38.0m) ($85.1m) ($64.9m) ($83.9m)
Operating Expense $458.7m $512.8m $533.4m $587.5m $579.8m $608.4m
Other Income Expense ($14.0m) ($24.1m) ($22.4m) ($27.8m)
Other Non Operating Income Expenses $11.2m $9.1m ($12.2m)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $11.2m $9.1m $0 ($12.2m) $0
Income Tax Expense (Benefit) $46.0m $80.4m $69.2m $95.7m $77.3m $69.2m
Total Expenses $2.2b $2.3b $2.3b $2.4b
Total Other Finance Cost ($1.7m) $38.0m $85.1m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.