Esab (ESAB) Times Interest Earned (2021 - 2026)
Esab's Times Interest Earned was 2.57 in Q2 2026, down 50.5% from 5.20 a year earlier and down 27.3% from the prior quarter.
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Analysis
Esab (ESAB) Times Interest Earned (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Esab's Times Interest Earned was 3.54 through Jul 3, 2026, down 43.5% year-over-year; for FY2025, it came in at 4.91, down 28.8% from FY2024.
- In earlier years, Times Interest Earned was 6.90 in FY2024 (+45.1%), 4.75 in FY2023 (-45.2%), 8.67 in FY2022 (-95.3%) and 183.80 in FY2021 (+237.6%).
- The Q2 2026 figure marks the lowest quarterly Times Interest Earned in data going back to Q1 2021.
- Compared with a year earlier, Times Interest Earned has declined for five straight quarters, with an average decline of 10.8% over the last eight quarters.
- The best year-over-year quarter for Times Interest Earned over five years was Q4 2024 (growth of 88.4%); the worst was Q3 2022 (a decline of 98.2%).
- Per Business Quant data, ESAB's Times Interest Earned in the three quarters before Q2 2026 was 3.54 (Q1 2026), 3.84 (Q4 2025) and 4.52 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 14.52 |
| 10 | Esab | 4.10 Bn | 2.52 Bn | 307.21 Mn | 2.57 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 2.57 |
| Apr 3, 2026 | 3.54 |
| Dec 31, 2025 | 3.84 |
| Oct 3, 2025 | 4.52 |
| Jul 4, 2025 | 5.20 |
| Apr 4, 2025 | 6.55 |
| Dec 31, 2024 | 7.45 |
| Sep 27, 2024 | 6.28 |
| Jun 28, 2024 | 7.49 |
| Mar 29, 2024 | 6.47 |
| Dec 31, 2023 | 3.95 |
| Sep 29, 2023 | 4.93 |
| Jun 30, 2023 | 5.77 |
| Mar 31, 2023 | 4.65 |
| Dec 31, 2022 | 4.26 |
| Sep 30, 2022 | 6.66 |
| Jul 1, 2022 | 10.86 |
| Apr 1, 2022 | 150.38 |
| Dec 31, 2021 | 79.57 |
| Oct 1, 2021 | 376.38 |
API Access
Esab Times Interest Earned 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=times-interest-earned&ticker=ESAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=ESAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();