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
DateValue
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