Esab (ESAB) Operating Income (2021 - 2025)
Esab (ESAB) reported Operating Income of $86.6 million for Q4 2025, down 22.27% year-over-year from $111.4 million in Q4 2024, and down 18.76% quarter-over-quarter from $106.6 million in Q4 2025.
Esab (ESAB) Operating Income (2021 - 2025) Analysis & Trends
Esab (ESAB) has 5 years of Operating Income data on file, last reported at $86.6 million in Q4 2025.
- Operating Income for Q4 2025 came in at $86.6 million, down 22.27% year-over-year; the trailing twelve-month figure through Dec 2025 was $412.2 million (down 7.88% YoY), and the FY2025 annual result was $412.2 million, down 7.88% from the prior year.
- Operating Income fell to $86.6 million in Q4 2025 per ESAB's latest filing, from $106.6 million in the prior quarter.
- Over five years, Operating Income peaked at $119.4 million in Q2 2024 and troughed at $72.3 million in Q2 2021.
- A 5-year average of $95.0 million and a median of $95.9 million in 2023 frame the typical range for Operating Income.
- The sharpest annual moves came in 2023 and 2025: Operating Income jumped 31.99% in 2023, then declined 22.27% in 2025.
- A 5-year view of Operating Income shows it stood at $73.0 million in 2021, then rose by 7.57% to $78.6 million in 2022, then surged by 31.99% to $103.7 million in 2023, then climbed by 7.43% to $111.4 million in 2024, then decreased by 22.27% to $86.6 million in 2025.
- Business Quant data shows ESAB's Operating Income at $86.6 million in Q4 2025, $106.6 million in Q4 2025, and $109.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn | 186.50 Mn |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn | 163.80 Mn |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn | 312.23 Mn |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn | -1.63 Bn |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn | 86.61 Mn |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - | -55.60 Mn |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn | 31.54 Mn |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn | 9.84 Mn |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn | 23.20 Mn |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn | -7.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 86.61 Mn |
| Oct 3, 2025 | 106.62 Mn |
| Jul 4, 2025 | 109.09 Mn |
| Apr 4, 2025 | 109.85 Mn |
| Dec 31, 2024 | 111.43 Mn |
| Sep 27, 2024 | 106.02 Mn |
| Jun 28, 2024 | 119.36 Mn |
| Mar 29, 2024 | 110.65 Mn |
| Dec 31, 2023 | 103.72 Mn |
| Sep 29, 2023 | 101.15 Mn |
| Jun 30, 2023 | 108.64 Mn |
| Mar 31, 2023 | 90.66 Mn |
| Dec 31, 2022 | 78.58 Mn |
| Sep 30, 2022 | 80.99 Mn |
| Jul 1, 2022 | 85.88 Mn |
| Apr 1, 2022 | 83.61 Mn |
| Dec 31, 2021 | 73.05 Mn |
| Oct 1, 2021 | 78.66 Mn |
| Jul 2, 2021 | 82.20 Mn |
| Apr 2, 2021 | 72.30 Mn |