Esab (ESAB) Other Working Capital Changes (2021 - 2025)
Esab (ESAB) reported Other Working Capital Changes of -$5.1 million for Q4 2025, down 222.17% year-over-year from $4.2 million in Q4 2024, and up 80.68% quarter-over-quarter from -$26.6 million in Q4 2025.
Esab (ESAB) Other Working Capital Changes (2021 - 2025) Analysis & Trends
Esab (ESAB) has 5 years of Other Working Capital Changes data on file, last reported at -$5.1 million in Q4 2025.
- Other Working Capital Changes for Q4 2025 came in at -$5.1 million, down 222.17% year-over-year; the trailing twelve-month figure through Dec 2025 was -$3.6 million (down 120.32% YoY), and the FY2025 annual result was -$3.6 million, down 120.32% from the prior year.
- Other Working Capital Changes climbed to -$5.1 million in Q4 2025 per ESAB's latest filing, from -$26.6 million in the prior quarter.
- Over five years, Other Working Capital Changes peaked at $32.1 million in Q3 2022 and troughed at -$34.2 million in Q4 2023.
- A 5-year average of -$2.5 million and a median of -$4.3 million in 2022 frame the typical range for Other Working Capital Changes.
- The sharpest annual moves came in 2022 and 2023: Other Working Capital Changes surged 496.39% in 2022, then sank 893.34% in 2023.
- A 5-year view of Other Working Capital Changes shows it stood at -$7.9 million in 2021, then jumped by 56.6% to -$3.4 million in 2022, then slumped by 893.34% to -$34.2 million in 2023, then soared by 112.29% to $4.2 million in 2024, then slumped by 222.17% to -$5.1 million in 2025.
- Business Quant data shows ESAB's Other Working Capital Changes at -$5.1 million in Q4 2025, -$26.6 million in Q4 2025, and $24.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Carpenter Technology | 29.34 Bn | 29.04 Bn | 251.80 Mn |
| 2 | Ati | 27.51 Bn | 27.23 Bn | 262.90 Mn |
| 3 | Mueller Industries | 14.99 Bn | 13.61 Bn | 358.44 Mn |
| 4 | Commercial Metals | 8.04 Bn | 7.54 Bn | 387.91 Mn |
| 5 | Esab | 6.48 Bn | 6.34 Bn | 257.79 Mn |
| 6 | Gpgi | 3.86 Bn | 3.85 Bn | - |
| 7 | Worthington Enterprises | 2.96 Bn | 2.95 Bn | 109.47 Mn |
| 8 | Proto Labs | 1.93 Bn | 1.79 Bn | 63.59 Mn |
| 9 | Ryerson Holding | 1.17 Bn | 1.15 Bn | 288.80 Mn |
| 10 | Mayville Engineering Company | 727.03 Mn | 724.96 Mn | 10.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -5.13 Mn |
| Dec 31, 2025 | -5.13 Mn |
| Oct 3, 2025 | -26.56 Mn |
| Oct 3, 2025 | -26.56 Mn |
| Jul 4, 2025 | 24.60 Mn |
| Jul 4, 2025 | 24.60 Mn |
| Apr 4, 2025 | 3.45 Mn |
| Apr 4, 2025 | 3.45 Mn |
| Dec 31, 2024 | 4.20 Mn |
| Dec 31, 2024 | 4.20 Mn |
| Sep 27, 2024 | -17.97 Mn |
| Sep 27, 2024 | -17.97 Mn |
| Jun 28, 2024 | 10.21 Mn |
| Jun 28, 2024 | 10.21 Mn |
| Mar 29, 2024 | 21.44 Mn |
| Mar 29, 2024 | 21.44 Mn |
| Dec 31, 2023 | -34.18 Mn |
| Dec 31, 2023 | -34.18 Mn |
| Sep 29, 2023 | -25.71 Mn |
| Sep 29, 2023 | -25.71 Mn |