Esab (ESAB) Gross Margin (2021 - 2026)
Esab's (ESAB) quarterly Gross Margin came in at 38.04% in Q3 2026, up 86.0% year-over-year from 20.45% in Q3 2025, and up 3.09% quarter-over-quarter from 36.9% in Q2 2026.
Analysis
Esab (ESAB) Gross Margin (2021 - 2026) Analysis & Trends
Esab (ESAB) has reported Gross Margin for 6 consecutive years, with 38.04% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Gross Margin rose 86.0% year-over-year to 38.04% in Q3 2026; TTM through Jul 2026 was 36.96%, a 79.0% decrease from a year earlier, with the FY2025 full-year figure at 36.88%, down 97.0% from the prior year.
- Gross Margin was 38.04% for Q3 2026 at Esab, up from 36.9% in the prior quarter.
- Over five years, Gross Margin peaked at 38.51% in Q4 2024 and troughed at 33.75% in Q3 2022.
- A 5-year average of 36.49% and a median of 36.92% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 316 bps in 2023 and tumbled 276 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 33.79% in 2022, then grew by 9 bps to 36.95% in 2023, then advanced by 4 bps to 38.51% in 2024, then decreased by 7 bps to 35.76% in 2025, then grew by 6 bps to 38.04% in 2026.
- The last three Gross Margin figures came in at 38.04% (Q3 2026), 36.9% (Q2 2026), and 35.76% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.81 Bn | 18.19 Bn | 635.20 Mn | 47.59% |
| 2 | Lincoln Electric Holdings | 15.07 Bn | 14.83 Bn | 449.00 Mn | 36.81% |
| 3 | Stanley Black & Decker | 14.70 Bn | 14.11 Bn | 1.31 Bn | 32.97% |
| 4 | Esab | 4.66 Bn | 4.49 Bn | 307.21 Mn | 38.04% |
| 5 | Vontier | 4.54 Bn | 4.28 Bn | 365.00 Mn | 48.24% |
| 6 | Brady | 4.26 Bn | 4.07 Bn | 231.13 Mn | 52.90% |
| 7 | Kennametal | 2.36 Bn | 2.31 Bn | 433.56 Mn | 58.86% |
| 8 | Enerpac Tool | 1.91 Bn | 1.79 Bn | 88.78 Mn | 52.99% |
| 9 | MSA Safety | 1.45 Bn | 1.25 Bn | 249.29 Mn | 49.53% |
| 10 | Lakeland Industries | 117.85 Mn | 100.43 Mn | 14.89 Mn | 31.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 38.04% |
| Apr 3, 2026 | 36.90% |
| 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% |