Esab (ESAB) Interest Coverage Ratio (2021 - 2026)
Esab (ESAB) posted quarterly Interest Coverage Ratio of 3.84 for Q4 2025, up 246.27% year-over-year from 1.11 in Q4 2024, and down 15.02% quarter-over-quarter from 4.52 in Q4 2025.
Esab (ESAB) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Esab (ESAB) has reported Interest Coverage Ratio for 5 consecutive years, with 3.84 the latest figure, recorded in Q4 2025.
- In Q4 2025, Interest Coverage Ratio rose 246.27% year-over-year to 3.84; the TTM figure through Dec 2025 stood at 4.91 (down 91.77% YoY), while the FY2025 annual figure was 4.91, down 28.64% from the prior year.
- Interest Coverage Ratio declined to 3.84 in Q4 2025 per ESAB's latest filing, from 4.52 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 10.86 in Q3 2022 and bottomed at 376.38 in Q4 2021.
- Historically, Interest Coverage Ratio has averaged 55.67 across 5 years, with a median of 4.58 in 2023.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio plunged 301.06% — and 2025, when it surged 246.27%.
- Esab's Interest Coverage Ratio stood at 79.57 in 2021, then jumped by 105.36% to 4.26 in 2022, then sank by 69.36% to 1.31 in 2023, then tumbled by 301.06% to 2.63 in 2024, then soared by 246.27% to 3.84 in 2025.
- Business Quant data shows ESAB's Interest Coverage Ratio at 3.84 in Q4 2025, 4.52 in Q4 2025, and 5.2 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.47 Bn | 27.69 Bn | 309.80 Mn | - |
| 2 | Carpenter Technology | 24.45 Bn | 24.05 Bn | 268.90 Mn | 27.59 |
| 3 | Mueller Industries | 13.49 Bn | 12.07 Bn | 395.35 Mn | 2,313.24 |
| 4 | Commercial Metals | 7.25 Bn | 6.69 Bn | 455.14 Mn | -45.75 |
| 5 | Esab | 4.82 Bn | 4.61 Bn | 307.21 Mn | 2.57 |
| 6 | Gpgi | 3.71 Bn | 3.71 Bn | - | - |
| 7 | Worthington Enterprises | 2.78 Bn | 2.75 Bn | 101.89 Mn | 8.03 |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn | - |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn | 2.41 |
| 10 | Insteel Industries | 590.85 Mn | 567.91 Mn | 20.10 Mn | 965.67 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 2.57 |
| Dec 31, 2025 | 3.84 |
| Oct 3, 2025 | 4.52 |
| Jul 4, 2025 | 5.20 |
| Apr 4, 2025 | 6.55 |
| Dec 31, 2024 | -2.63 |
| Sep 27, 2024 | 6.28 |
| Jun 28, 2024 | 7.49 |
| Mar 29, 2024 | 6.47 |
| Dec 31, 2023 | 1.31 |
| Sep 29, 2023 | 4.93 |
| Jun 30, 2023 | 5.77 |
| Mar 31, 2023 | 4.65 |
| Dec 31, 2022 | 4.26 |
| Sep 30, 2022 | 6.66 |
| Jul 1, 2022 | 10.86 |
| Apr 1, 2022 | -150.38 |
| Dec 31, 2021 | -79.57 |
| Oct 1, 2021 | -376.38 |
| Jul 2, 2021 | -261.78 |