Esab ESAB
NYSE ESAB
$69.30 -3.51 (-4.82%)
As of: Sep 10, 2026 · 3:59 PM EDT

Esab (ESAB) Tax Rate (2021 - 2026)

Esab's (ESAB) quarterly Tax Rate came in at 24.33% in Q3 2026, up 355.0% year-over-year from 5.35% in Q3 2025, and up 20.42% quarter-over-quarter from 20.2% in Q2 2026.

Analysis

Esab (ESAB) Tax Rate (2021 - 2026) Analysis & Trends

Esab (ESAB) has reported Tax Rate for 6 consecutive years, with 24.33% the latest figure, recorded in Q3 2026.

  • On a quarterly basis, Tax Rate rose 355.0% year-over-year to 24.33% in Q3 2026; TTM through Jul 2026 was 21.21%, a 53.0% decrease from a year earlier, with the FY2025 full-year figure at 21.07%, up 19.0% from the prior year.
  • Tax Rate was 24.33% for Q3 2026 at Esab, up from 20.2% in the prior quarter.
  • Over five years, Tax Rate peaked at 52.0% in Q1 2023 and troughed at 8.4% in Q4 2022.
  • A 5-year average of 23.61% and a median of 22.93% in 2023 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate tumbled 3671 bps in 2022 and soared 2142 bps in 2023, its largest moves.
  • Over 5 years, Tax Rate stood at 8.4% in 2022, then soared by 175 bps to 23.13% in 2023, then grew by 2 bps to 23.69% in 2024, then fell by 17 bps to 19.76% in 2025, then grew by 23 bps to 24.33% in 2026.
  • The last three Tax Rate figures came in at 24.33% (Q3 2026), 20.2% (Q2 2026), and 19.76% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Snap-on 19.39 Bn 17.75 Bn 635.20 Mn 21.52%
2 Lincoln Electric Holdings 13.73 Bn 13.49 Bn 449.00 Mn 23.75%
3 Stanley Black & Decker 13.39 Bn 12.80 Bn 1.31 Bn 29.60%
4 Vontier 4.36 Bn 4.10 Bn 365.00 Mn 37.44%
5 Esab 4.25 Bn 4.03 Bn 307.21 Mn 24.33%
6 Brady 4.06 Bn 3.87 Bn 231.13 Mn 17.95%
7 Kennametal 2.23 Bn 2.13 Bn 433.56 Mn 23.32%
8 Enerpac Tool 1.82 Bn 1.70 Bn 88.78 Mn 22.99%
9 MSA Safety 1.45 Bn 1.25 Bn 249.29 Mn 22.62%
10 Lakeland Industries 94.73 Mn 77.31 Mn 14.89 Mn 78.47%
Historic Data

Historic Data

Download Data
DateValue
Jul 3, 2026 24.33%
Apr 3, 2026 20.20%
Dec 31, 2025 19.76%
Oct 3, 2025 21.32%
Jul 4, 2025 20.77%
Apr 4, 2025 22.02%
Dec 31, 2024 23.69%
Sep 27, 2024 20.31%
Jun 28, 2024 17.31%
Mar 29, 2024 22.73%
Dec 31, 2023 23.13%
Sep 29, 2023 24.56%
Jun 30, 2023 23.38%
Mar 31, 2023 52.00%
Dec 31, 2022 8.40%
Sep 30, 2022 24.73%
Jul 1, 2022 25.70%
Apr 1, 2022 30.58%
Dec 31, 2021 45.11%
Oct 1, 2021 22.11%