ESAB Corporation (ESAB) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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ESAB Revenue Growth
Revenue Breakdown (FY 2025)
ESAB's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
ESAB Revenue Analysis (2019–2025)
As of May 8, 2026, ESAB Corporation (ESAB) generated trailing twelve-month (TTM) revenue of $2.91 billion, reflecting solid growth of +9.9% year-over-year. The most recent quarter (Q1 2026) recorded $745.6 million in revenue, up 3.4% sequentially.
Looking at the longer-term picture, ESAB's 5-year compound annual growth rate (CAGR) stands at +7.8%, indicating steady revenue expansion. The company achieved its highest annual revenue of $2.84 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows ESAB's business is primarily driven by Equipment Products (66%), and Consumable Products (34%). With over half of revenue concentrated in Equipment Products, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including ITW (+2.9% YoY), LIN (+5.0% YoY), and GTLS (+2.5% YoY), ESAB has underperformed the peer group in terms of revenue growth. Compare ESAB vs ITW →
ESAB Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ESABCurrent | $2.9B | +9.9% | +7.8% | 17.3% | |
 ITW | $16.0B | +2.9% | +5.0% | 26.3% | |
 LIN | $34.0B | +5.0% | +4.5% | 26.3% | |
 GTLS | $4.3B | +2.5% | +29.4% | 15.2% | |
 RBC | $1.6B | +11.1% | +17.6% | 22.6% | |
 LII | $5.2B | -2.0% | +7.4% | 19.5% |
ESAB Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.84B | +3.7% | $1.01B | 35.5% | $491.8M | 17.3% |
| 2024 | $2.74B | -1.2% | $1.04B | 37.9% | $447.4M | 16.3% |
| 2023 | $2.77B | +7.0% | $1.02B | 36.6% | $404.2M | 14.6% |
| 2022 | $2.59B | +6.8% | $885.5M | 34.1% | $329.1M | 12.7% |
| 2021 | $2.43B | +24.5% | $838.0M | 34.5% | $306.2M | 12.6% |
| 2020 | $1.95B | -13.2% | $682.5M | 35.0% | $202.1M | 10.4% |
| 2019 | $2.25B | - | $796.4M | 35.4% | $256.1M | 11.4% |
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Start ComparisonESAB — Frequently Asked Questions
Quick answers to the most common questions about buying ESAB stock.
Is ESAB's revenue growth accelerating or slowing?
ESAB maintains +9.9% revenue growth, in line with its 5-year CAGR of +7.8%. TTM revenue stands at $2.9B. Growth rate remains consistent with historical average.
What is ESAB's long-term revenue growth rate?
ESAB Corporation's 5-year revenue CAGR of +7.8% reflects the sustained expansion pattern. Current YoY growth of +9.9% is near this long-term average.
How is ESAB's revenue distributed by segment?
ESAB reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.