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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |