Esab ESAB
NYSE ESAB
$69.21 -3.60 (-4.95%)
As of: Sep 10, 2026 · 1:40 PM EDT

Esab (ESAB) Operating Margin (2021 - 2026)

Esab's (ESAB) quarterly Operating Margin came in at 9.75% in Q3 2026, down 550.0% year-over-year from 2.17% in Q3 2025, and down 19.67% quarter-over-quarter from 12.14% in Q2 2026.

Analysis

Esab (ESAB) Operating Margin (2021 - 2026) Analysis & Trends

Esab (ESAB) has reported Operating Margin for 6 consecutive years, with 9.75% the latest figure, recorded in Q3 2026.

  • On a quarterly basis, Operating Margin fell 550.0% year-over-year to 9.75% in Q3 2026; TTM through Jul 2026 was 12.07%, a 387.0% decrease from a year earlier, with the FY2025 full-year figure at 14.5%, down 183.0% from the prior year.
  • Operating Margin was 9.75% for Q3 2026 at Esab, down from 12.14% in the prior quarter.
  • Over five years, Operating Margin peaked at 16.88% in Q2 2024 and troughed at 9.75% in Q3 2026.
  • A 5-year average of 14.13% and a median of 14.75% in 2025 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin soared 321 bps in 2023 and plunged 550 bps in 2026, its largest moves.
  • Over 5 years, Operating Margin stood at 11.83% in 2022, then rose by 27 bps to 15.05% in 2023, then gained by 10 bps to 16.61% in 2024, then fell by 28 bps to 12.01% in 2025, then dropped by 19 bps to 9.75% in 2026.
  • The last three Operating Margin figures came in at 9.75% (Q3 2026), 12.14% (Q2 2026), and 12.01% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Snap-on 19.30 Bn 17.65 Bn 635.20 Mn 25.20%
2 Lincoln Electric Holdings 13.59 Bn 13.35 Bn 449.00 Mn 18.09%
3 Stanley Black & Decker 13.28 Bn 12.69 Bn 1.31 Bn -54.43%
4 Vontier 4.37 Bn 4.10 Bn 365.00 Mn 19.39%
5 Esab 4.25 Bn 4.03 Bn 307.21 Mn 9.75%
6 Brady 4.03 Bn 3.85 Bn 231.13 Mn 13.76%
7 Kennametal 2.22 Bn 2.13 Bn 433.56 Mn 41.12%
8 Enerpac Tool 1.81 Bn 1.70 Bn 88.78 Mn 24.69%
9 MSA Safety 1.45 Bn 1.25 Bn 249.29 Mn 22.24%
10 Lakeland Industries 88.27 Mn 70.85 Mn 14.89 Mn 4.83%
Historic Data

Historic Data

Download Data
DateValue
Jul 3, 2026 9.75%
Apr 3, 2026 12.14%
Dec 31, 2025 12.01%
Oct 3, 2025 14.65%
Jul 4, 2025 15.25%
Apr 4, 2025 16.20%
Dec 31, 2024 16.61%
Sep 27, 2024 15.75%
Jun 28, 2024 16.88%
Mar 29, 2024 16.04%
Dec 31, 2023 15.05%
Sep 29, 2023 14.85%
Jun 30, 2023 15.08%
Mar 31, 2023 13.25%
Dec 31, 2022 11.83%
Sep 30, 2022 13.06%
Jul 1, 2022 12.99%
Apr 1, 2022 12.91%
Dec 31, 2021 11.70%
Oct 1, 2021 12.98%