Esab (ESAB) Gross Margin (2021 - 2025)
Esab (ESAB) reported Gross Margin of 35.76% for Q4 2025, down 276.0% year-over-year from 20.32% in Q4 2024, and down 3.36% on a QoQ basis from 37.0% in Q4 2025.
Esab (ESAB) has 5 years of Gross Margin data on file, last reported at 35.76% in Q4 2025.
- Quarterly Gross Margin fell 276.0% year-over-year to 35.76% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 36.88% (down 97.0% YoY) and the FY2025 annual result came in at 36.88%, down 97.0% from the prior year.
- Gross Margin eased to 35.76% in Q4 2025 per ESAB's latest filing, from 37.0% in the prior quarter.
- Across five years, Gross Margin topped out at 38.51% in Q4 2024 and bottomed at 33.75% in Q3 2022.
- The 5-year median for Gross Margin is 36.4% (2023), against an average of 36.0%.
- The widest annual swing landed in 2023, when Gross Margin jumped 316 bps; it then plunged 276 bps in 2025.
- Tracing ESAB's Gross Margin over 5 years: stood at 34.09% in 2021, then dropped by 1 bps to 33.79% in 2022, then climbed by 9 bps to 36.95% in 2023, then gained by 4 bps to 38.51% in 2024, then retreated by 7 bps to 35.76% in 2025.
- Per Business Quant, the three latest ESAB Gross Margin figures stand at 35.76% (Q4 2025), 37.0% (Q4 2025), and 37.18% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 22.19 Bn | 21.90 Bn | 262.90 Mn | 22.83% |
| 2 | Carpenter Technology | 21.71 Bn | 21.41 Bn | 251.80 Mn | 31.03% |
| 3 | Mueller Industries | 14.55 Bn | 13.18 Bn | 358.44 Mn | 30.05% |
| 4 | Esab | 5.57 Bn | 5.43 Bn | 257.79 Mn | 35.76% |
| 5 | Worthington Enterprises | 2.71 Bn | 2.70 Bn | 109.47 Mn | 28.91% |
| 6 | Proto Labs | 1.70 Bn | 1.56 Bn | 63.59 Mn | 45.64% |
| 7 | Mayville Engineering Company | 520.33 Mn | 518.26 Mn | 10.96 Mn | 7.57% |
| 8 | Insteel Industries | 517.83 Mn | 502.74 Mn | 16.49 Mn | 9.55% |
| 9 | Tredegar | 271.32 Mn | 255.71 Mn | 28.99 Mn | 15.55% |
| 10 | Techprecision | 38.93 Mn | 38.86 Mn | 381,000.00 | 5.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 35.76% |
| Oct 3, 2025 | 37.00% |
| Jul 4, 2025 | 37.18% |
| Apr 4, 2025 | 37.63% |
| Dec 31, 2024 | 38.51% |
| Sep 27, 2024 | 37.70% |
| Jun 28, 2024 | 38.23% |
| Mar 29, 2024 | 36.97% |
| Dec 31, 2023 | 36.95% |
| Sep 29, 2023 | 36.67% |
| Jun 30, 2023 | 36.63% |
| Mar 31, 2023 | 36.17% |
| Dec 31, 2022 | 33.79% |
| Sep 30, 2022 | 33.75% |
| Jul 1, 2022 | 34.40% |
| Apr 1, 2022 | 34.62% |
| Dec 31, 2021 | 34.09% |
| Oct 1, 2021 | 34.16% |
| Jul 2, 2021 | 34.68% |
| Apr 2, 2021 | 35.17% |