Esab ESAB
NYSE ESAB
$70.15 -2.65 (-3.65%)
As of: Sep 10, 2026 · 12:37 PM EDT

Esab (ESAB) Interest Coverage Ratio (2021 - 2026)

Esab's (ESAB) quarterly Interest Coverage Ratio came in at 2.57 in Q3 2026, down 50.52% year-over-year from 5.2 in Q3 2025, and down 27.33% quarter-over-quarter from 3.54 in Q2 2026.

Analysis

Esab (ESAB) Interest Coverage Ratio (2021 - 2026) Analysis & Trends

Esab (ESAB) has reported Interest Coverage Ratio for 6 consecutive years, with 2.57 the latest figure, recorded in Q3 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 50.52% year-over-year to 2.57 in Q3 2026; TTM through Jul 2026 was 3.54, a 43.48% decrease from a year earlier, with the FY2025 full-year figure at 4.91, down 28.76% from the prior year.
  • Interest Coverage Ratio was 2.57 for Q3 2026 at Esab, down from 3.54 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 10.86 in Q3 2022 and troughed at 150.38 in Q2 2022.
  • A 5-year average of 3.08 and a median of 5.06 in 2023 frame the typical range for Interest Coverage Ratio.
  • Across the five-year window, Interest Coverage Ratio jumped 105.36% in 2022 and plunged 50.52% in 2026, its largest moves.
  • Over 5 years, Interest Coverage Ratio stood at 4.26 in 2022, then slipped by 7.28% to 3.95 in 2023, then soared by 88.4% to 7.45 in 2024, then sank by 48.4% to 3.84 in 2025, then sank by 33.08% to 2.57 in 2026.
  • The last three Interest Coverage Ratio figures came in at 2.57 (Q3 2026), 3.54 (Q2 2026), and 3.84 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Snap-on 19.34 Bn 17.70 Bn 635.20 Mn 27.35
2 Lincoln Electric Holdings 13.60 Bn 13.35 Bn 449.00 Mn -
3 Stanley Black & Decker 13.38 Bn 12.78 Bn 1.31 Bn -22.36
4 Vontier 4.40 Bn 4.13 Bn 365.00 Mn -
5 Esab 4.30 Bn 4.09 Bn 307.21 Mn 2.57
6 Brady 4.03 Bn 3.85 Bn 231.13 Mn 9.65
7 Kennametal 2.22 Bn 2.12 Bn 433.56 Mn 30.22
8 Enerpac Tool 1.83 Bn 1.72 Bn 88.78 Mn 18.29
9 MSA Safety 1.45 Bn 1.25 Bn 249.29 Mn 14.08
10 Lakeland Industries 90.53 Mn 73.12 Mn 14.89 Mn 3.73
Historic Data

Historic Data

Download Data
DateValue
Jul 3, 2026 2.57
Apr 3, 2026 3.54
Dec 31, 2025 3.84
Oct 3, 2025 4.52
Jul 4, 2025 5.20
Apr 4, 2025 6.55
Dec 31, 2024 7.45
Sep 27, 2024 6.28
Jun 28, 2024 7.49
Mar 29, 2024 6.47
Dec 31, 2023 3.95
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