Esab (ESAB) Net Margin (2021 - 2026)
Esab (ESAB) recorded Net Margin of 3.83% in Q2 2026, down 5.51 percentage points from 9.35% a year earlier and down 2.56 percentage points from the prior quarter.
Esab (ESAB) Net Margin (2021 - 2026) Analysis & Trends
On a TTM basis, Esab's Net Margin came in at 5.70% as of Jul 3, 2026, down 3.66 percentage points year-over-year; for FY2025, it was 7.98%, down 1.69 percentage points from FY2024.
- Annual Net Margin has a five-year change of -0.09 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 9.66% in FY2024 (+2.26 pp), 7.40% in FY2023 (-1.23 pp), 8.63% in FY2022 (-1.06 pp) and 9.68% in FY2021 (+1.61 pp).
- The Q2 2026 figure is the lowest quarterly Net Margin in data going back to Q1 2021.
- On a year-over-year basis, Net Margin has declined for five consecutive quarters, with an average year-over-year change of -1.65 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 4.03 percentage points in Q1 2024, against a drop of 5.51 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 6.39% (Q1 2026), 5.23% (Q4 2025) and 7.54% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 18.95% |
| 10 | Esab | 4.10 Bn | 2.52 Bn | 307.21 Mn | 3.83% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 3.83% |
| Apr 3, 2026 | 6.39% |
| Dec 31, 2025 | 5.23% |
| Oct 3, 2025 | 7.54% |
| Jul 4, 2025 | 9.35% |
| Apr 4, 2025 | 9.93% |
| Dec 31, 2024 | 8.01% |
| Sep 27, 2024 | 10.14% |
| Jun 28, 2024 | 11.73% |
| Mar 29, 2024 | 8.69% |
| Dec 31, 2023 | 7.29% |
| Sep 29, 2023 | 8.45% |
| Jun 30, 2023 | 9.10% |
| Mar 31, 2023 | 4.66% |
| Dec 31, 2022 | 9.14% |
| Sep 30, 2022 | 8.44% |
| Jul 1, 2022 | 8.36% |
| Apr 1, 2022 | 8.56% |
| Dec 31, 2021 | 6.32% |
| Oct 1, 2021 | 10.00% |
Esab Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=ESAB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "ESAB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=ESAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();