ESAB Past Earnings Performance
Past criteria checks 5/6
ESAB has been growing earnings at an average annual rate of 6.3%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 5.8% per year. ESAB's return on equity is 15%, and it has net margins of 8.8%.
Key information
6.3%
Earnings growth rate
5.7%
EPS growth rate
| Machinery Industry Growth | 8.8% |
| Revenue growth rate | 5.8% |
| Return on equity | 15.0% |
| Net Margin | 8.8% |
| Last Earnings Update | 29 Mar 2024 |
Recent past performance updates
Recent updates
Estimating The Fair Value Of ESAB Corporation (NYSE:ESAB)
Apr 22
Getting In Cheap On ESAB Corporation (NYSE:ESAB) Might Be Difficult
Mar 22ESAB: Rating Downgrade As Valuation Has Gone Up Way Too Fast
Mar 12Is ESAB (NYSE:ESAB) Using Too Much Debt?
Feb 04ESAB's (NYSE:ESAB) Returns On Capital Are Heading Higher
Jan 17A Look At The Fair Value Of ESAB Corporation (NYSE:ESAB)
Dec 29ESAB Corp.: End-Market Tailwinds Support EPS Growth Outlook
Dec 21With EPS Growth And More, ESAB (NYSE:ESAB) Makes An Interesting Case
Dec 06ESAB Corporation: Attractively Valued With Good Growth Prospects
Nov 19ESAB Corporation (NYSE:ESAB) Shares Could Be 26% Below Their Intrinsic Value Estimate
Sep 17ESAB (NYSE:ESAB) Shareholders Will Want The ROCE Trajectory To Continue
Aug 26ESAB Corporation: Well Done, By The Welding Player
Jul 31A Look At The Fair Value Of ESAB Corporation (NYSE:ESAB)
May 25ESAB (NYSE:ESAB) Is Doing The Right Things To Multiply Its Share Price
Apr 19ESAB Corporation (NYSE:ESAB) Released Earnings Last Week And Analysts Lifted Their Price Target To US$66.00
Mar 10Estimating The Fair Value Of ESAB Corporation (NYSE:ESAB)
Feb 23ESAB Corporation: Upside Exists Despite Recent Bottom Line Weakness
Feb 07ESAB declares $0.05 dividend
Dec 14ESAB launches underwritten offering of 6M shares
Nov 14ESAB corporation acquires Ohio Medical for $127M
Oct 17Are Investors Undervaluing ESAB Corporation (NYSE:ESAB) By 50%?
Sep 19ESAB Corp.: This Market Leader Has A Lot Of Upside If Growth Continues
Sep 12ESAB Non-GAAP EPS of $1.14 beats by $0.13, revenue of $661.17M beats by $25.22M;reaffrirms FY guidance
Aug 09ESAB Corp.: Looks To Be A Solid Welding Play After The Spin-Off
May 22Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 29 Mar 24 | 2,781 | 244 | 492 | 39 |
| 31 Dec 23 | 2,775 | 216 | 498 | 39 |
| 29 Sep 23 | 2,750 | 217 | 516 | 37 |
| 30 Jun 23 | 2,689 | 211 | 491 | 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: ESAB has high quality earnings.
Growing Profit Margin: ESAB's current net profit margins (8.8%) are higher than last year (7.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ESAB's earnings have grown by 6.3% per year over the past 5 years.
Accelerating Growth: ESAB's earnings growth over the past year (21.7%) exceeds its 5-year average (6.3% per year).
Earnings vs Industry: ESAB earnings growth over the past year (21.7%) exceeded the Machinery industry 13.9%.
Return on Equity
High ROE: ESAB's Return on Equity (15%) is considered low.