Esab (ESAB) Return on Capital Employed [ROCE] (2022 - 2026)
Esab (ESAB) recorded Return on Capital Employed [ROCE] of 6.82% in Q2 2026, down 5.17 percentage points from 11.99% a year earlier and down 1.98 percentage points from the prior quarter.
Esab (ESAB) Return on Capital Employed [ROCE] (2022 - 2026) Analysis & Trends
For FY2025, Esab reported Return on Capital Employed [ROCE] of 11.03%, down 2.53 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a three-year change of +0.09 percentage points (FY2022 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 13.56% in FY2024 (+0.82 pp), 12.74% in FY2023 (+1.80 pp) and 10.95% in FY2022.
- The Q2 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] in data going back to Q1 2022.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for six consecutive quarters, with an average year-over-year change of -1.84 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 2.67 percentage points in Q1 2024, against a drop of 5.17 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.80% (Q1 2026), 9.92% (Q4 2025) and 10.97% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn | 22.08% |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn | 23.04% |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn | - |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn | 12.16% |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn | 18.77% |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn | 29.36% |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn | 14.90% |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn | 19.43% |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn | 41.86% |
| 10 | Esab | 4.18 Bn | 2.60 Bn | 307.21 Mn | 6.82% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 6.82% |
| Apr 3, 2026 | 8.80% |
| 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% |
Esab Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=ESAB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ESAB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=ESAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();