Esab (ESAB) Change in Inventory (2021 - 2025)
Esab (ESAB) posted quarterly Change in Inventory of -$23.4 million for Q4 2025, down 155.07% year-over-year from $42.4 million in Q4 2024, and down 175.3% quarter-over-quarter from -$8.5 million in Q4 2025.
Esab (ESAB) Change in Inventory (2021 - 2025) Analysis & Trends
Esab (ESAB) has reported Change in Inventory for 5 consecutive years, with -$23.4 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Change in Inventory fell 155.07% year-over-year to -$23.4 million; the TTM figure through Dec 2025 stood at $5.6 million (down 75.24% YoY), while the FY2025 annual figure was $5.6 million, down 75.24% from the prior year.
- Change in Inventory fell to -$23.4 million in Q4 2025 per ESAB's latest filing, from -$8.5 million in the prior quarter.
- Across five years, Change in Inventory topped out at $41.9 million in Q2 2022 and bottomed at -$44.7 million in Q4 2022.
- Historically, Change in Inventory has averaged $6.9 million across 5 years, with a median of $7.5 million in 2021.
- Annual changes were most pronounced in 2022 — Change in Inventory slumped 474.27% — and 2024, when it jumped 734.91%.
- Esab's Change in Inventory stood at $11.9 million in 2021, then plunged by 474.27% to -$44.7 million in 2022, then climbed by 23.54% to -$34.2 million in 2023, then soared by 73.2% to -$9.2 million in 2024, then plunged by 155.07% to -$23.4 million in 2025.
- Business Quant data shows ESAB's Change in Inventory at -$23.4 million in Q4 2025, -$8.5 million in Q4 2025, and $2.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.47 Bn | 27.69 Bn | 309.80 Mn | 87.00 Mn |
| 2 | Carpenter Technology | 24.45 Bn | 24.05 Bn | 268.90 Mn | -16.70 Mn |
| 3 | Mueller Industries | 13.49 Bn | 12.07 Bn | 395.35 Mn | 45.23 Mn |
| 4 | Commercial Metals | 7.25 Bn | 6.69 Bn | 455.14 Mn | - |
| 5 | Esab | 4.82 Bn | 4.61 Bn | 307.21 Mn | - |
| 6 | Gpgi | 3.71 Bn | 3.71 Bn | - | - |
| 7 | Worthington Enterprises | 2.78 Bn | 2.75 Bn | 101.89 Mn | 9.86 Mn |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn | 546,000.00 |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn | 16.10 Mn |
| 10 | Insteel Industries | 590.85 Mn | 567.91 Mn | 20.10 Mn | 7.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -23.35 Mn |
| Dec 31, 2025 | -23.35 Mn |
| Oct 3, 2025 | -8.48 Mn |
| Oct 3, 2025 | -8.48 Mn |
| Jul 4, 2025 | 2.01 Mn |
| Jul 4, 2025 | 2.01 Mn |
| Apr 4, 2025 | 35.39 Mn |
| Apr 4, 2025 | 35.39 Mn |
| Dec 31, 2024 | -9.16 Mn |
| Dec 31, 2024 | -9.16 Mn |
| Sep 27, 2024 | -10.49 Mn |
| Sep 27, 2024 | -10.49 Mn |
| Jun 28, 2024 | 26.07 Mn |
| Jun 28, 2024 | 26.07 Mn |
| Mar 29, 2024 | 16.08 Mn |
| Mar 29, 2024 | 16.08 Mn |
| Dec 31, 2023 | -34.17 Mn |
| Dec 31, 2023 | -34.17 Mn |
| Sep 29, 2023 | -8.52 Mn |
| Sep 29, 2023 | -8.52 Mn |