Growth Metrics

Esab (ESAB) Return on Capital Employed (2022 - 2025)

Esab (ESAB) reported Return on Capital Employed of 9.92% for Q4 2025, down 313.0% year-over-year from 4.66% in Q4 2024, and down 9.57% on a QoQ basis from 10.97% in Q4 2025.

Esab (ESAB) has 4 years of Return on Capital Employed data on file, last reported at 9.92% in Q4 2025.

  • Quarterly Return on Capital Employed fell 313.0% year-over-year to 9.92% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 9.92% (down 313.0% YoY) and the FY2025 annual result came in at 11.03%, down 253.0% from the prior year.
  • Return on Capital Employed eased to 9.92% in Q4 2025 per ESAB's latest filing, from 10.97% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 13.4% in Q2 2024 and bottomed at 9.92% in Q4 2025.
  • The 4-year median for Return on Capital Employed is 11.47% (2023), against an average of 11.72%.
  • The widest annual swing landed in 2024, when Return on Capital Employed surged 267 bps; it then slumped 313 bps in 2025.
  • Tracing ESAB's Return on Capital Employed over 4 years: stood at 10.81% in 2022, then grew by 18 bps to 12.74% in 2023, then rose by 2 bps to 13.06% in 2024, then decreased by 24 bps to 9.92% in 2025.
  • Per Business Quant, the three latest ESAB Return on Capital Employed figures stand at 9.92% (Q4 2025), 10.97% (Q4 2025), and 11.99% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Ati 22.19 Bn 21.90 Bn 262.90 Mn 15.98%
2 Carpenter Technology 21.71 Bn 21.41 Bn 251.80 Mn 20.96%
3 Mueller Industries 14.55 Bn 13.18 Bn 358.44 Mn 31.89%
4 Esab 5.57 Bn 5.43 Bn 257.79 Mn 9.92%
5 Worthington Enterprises 2.71 Bn 2.70 Bn 109.47 Mn 1.44%
6 Proto Labs 1.70 Bn 1.56 Bn 63.59 Mn 4.34%
7 Mayville Engineering Company 520.33 Mn 518.26 Mn 10.96 Mn -2.54%
8 Insteel Industries 517.83 Mn 502.74 Mn 16.49 Mn 13.72%
9 Tredegar 271.32 Mn 255.71 Mn 28.99 Mn 104.94%
10 Techprecision 38.93 Mn 38.86 Mn 381,000.00 7.04%

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 9.92%
Oct 3, 2025 10.97%
Jul 4, 2025 11.99%
Apr 4, 2025 12.93%
Dec 31, 2024 13.06%
Sep 27, 2024 12.98%
Jun 28, 2024 13.40%
Mar 29, 2024 13.27%
Dec 31, 2023 12.74%
Sep 29, 2023 11.85%
Jun 30, 2023 11.08%
Mar 31, 2023 10.60%
Dec 31, 2022 10.81%
Sep 30, 2022 10.80%
Jul 1, 2022 10.41%
Apr 1, 2022 10.70%