ESAB Past Earnings Performance
Past criteria checks 5/6
ESAB has been growing earnings at an average annual rate of 8%, while the Machinery industry saw earnings growing at 15.4% annually. Revenues have been growing at an average rate of 6.1% per year. ESAB's return on equity is 14.9%, and it has net margins of 9.8%.
Key information
8.0%
Earnings growth rate
8.3%
EPS growth rate
| Machinery Industry Growth | 10.7% |
| Revenue growth rate | 6.1% |
| Return on equity | 14.9% |
| Net Margin | 9.8% |
| Last Earnings Update | 27 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How ESAB makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 27 Sep 24 | 2,759 | 272 | 488 | 40 |
| 28 Jun 24 | 2,767 | 261 | 488 | 40 |
| 29 Mar 24 | 2,781 | 244 | 492 | 39 |
| 31 Dec 23 | 2,775 | 216 | 498 | 39 |
| 29 Sep 23 | 2,750 | 217 | 500 | 37 |
| 30 Jun 23 | 2,689 | 211 | 476 | 36 |
| 31 Mar 23 | 2,630 | 200 | 459 | 36 |
| 31 Dec 22 | 2,593 | 225 | 444 | 36 |
| 30 Sep 22 | 2,554 | 206 | 461 | 38 |
| 01 Jul 22 | 2,539 | 214 | 455 | 39 |
| 01 Apr 22 | 2,508 | 235 | 436 | 40 |
| 31 Dec 21 | 2,428 | 235 | 426 | 40 |
| 31 Dec 20 | 1,950 | 157 | 381 | 35 |
| 31 Dec 19 | 2,247 | 173 | 444 | 32 |
Quality Earnings: O03 has high quality earnings.
Growing Profit Margin: O03's current net profit margins (9.8%) are higher than last year (7.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: O03's earnings have grown by 8% per year over the past 5 years.
Accelerating Growth: O03's earnings growth over the past year (25.5%) exceeds its 5-year average (8% per year).
Earnings vs Industry: O03 earnings growth over the past year (25.5%) exceeded the Machinery industry -8.6%.
Return on Equity
High ROE: O03's Return on Equity (14.9%) is considered low.