ESAB Corporation

ESABNYSEIndustrials● Active

$88.66

+$0.71(+0.81%)

Market Cap$5.4B

P/E Ratio—

52W High$137.42

52W Low$83.171

Avg Volume658K

Open$87.77

Beta1.15

Overview

ESAB Corporation (ESAB) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ESAB · free cash flow · updated Jun 8, 2026

Core FCF metrics

ESAB · FCF · TTM · margin & CAGR

Free cash flow was $213.3M for FY2025 (fiscal year ending 2025-12-31), down 29.8% year-over-year The FCF margin was 7.5%. Five-year CAGR stands at -4.5%.

FY2025 Free Cash Flow$213.3M▼ -29.8% YoY

Trailing 12M (TTM)$218.4Mtrailing 4 quarters sum

FCF Margin7.5%$213.3M ÷ revenue

3-Year CAGR+7.0%FY2022 → FY2025

5-Year CAGR-4.5%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ESAB · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$260.6M(47M)$213.3M▼ 29.8%7.5%

FY2024$355.4M(52M)$303.6M▲ +7.5%11.1%

FY2023$330.5M(48M)$282.3M▲ +62.1%10.2%

FY2022$214.4M(40M)$174.1M▼ 19.1%6.7%

FY2021$250.7M(36M)$215.2M▼ 20.0%8.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ESAB · P/FCF · FCF yield · FCF per share

ESAB Corporation (ESAB) trades at a FCF yield of 4.06% and a price-to-free-cash-flow ratio of 24.8x. FCF per share stands at $3.58, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

4.06%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.58

TTM FCF ÷ Shares Outstanding

Price / FCF

x24.8

Share Price ÷ FCF per Share

EV / FCF (TTM)

x29.9

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ESAB · cash flow statement · operating / investing / financing

For FY2025, ESAB Corporation generated $260.6M in operating cash flow and spent 47M in capital expenditures, yielding $213.3M in free cash flow.

Operating Activities

+$260.6M

Cash from core business operations

2025-12-31

Investing Activities

−$479.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$113.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($260.6M) − |CapEx| (47M) = FCF ($213.3M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

ESAB vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

ESAB CorporationYOU

ESAB

$213.3M-29.8%7.5%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

ESAB Corporation (ESAB) reported free cash flow of $213.3M for FY2025 (fiscal year ending 2025-12-31), down 29.8% year-over-year. The FCF margin was 7.5%.

Based on available data, ESAB Corporation has maintained positive free cash flow for at least 7 fiscal year(s). FCF peaked at $303.6M in FY2024. The 5-year CAGR stands at -4.5%.

ESAB Corporation's FCF yield is 4.06% and price-to-FCF ratio is 24.8x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ESAB free cash flow · 8 questions

ESAB Corporation free cash flow was $213.3M for FY2025, down 29.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $218.4M.

ESAB free cash flowESAB FCFESAB FCF 2025ESAB free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · ESAB Corporation · ESAB Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026