ESAB Q1 2023 Earnings — ESAB Corporation Revenue & Financial Results | Market Cap Arena

ESABESAB Corporation

$7B

Q1 2023 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$684M+5.6% YoY

Gross Profit

$247M36.2% margin

Operating Income

$91M13.3% margin

Net Income

$32M4.7% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$30M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.4B

Stockholders' Equity

$1.4B

Cash & Equivalents

$82M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$684M	$648M	+5.6%
Gross Profit	$247M	$224M	+10.3%
Operating Income	$91M	$84M	+8.4%
Net Income	$32M	$55M	-42.5%

Revenue Segments

Equipment Products

$484M71%

Consumable Products

$200M29%

Geographic Segments

EMEA and APAC Segment

$392M57%

Americas Segment

$292M43%