ESAB Q1 2024 Earnings — ESAB Corporation Revenue & Financial Results | Market Cap Arena

ESABESAB Corporation

$7B

Q1 2024 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$690M+0.8% YoY

Gross Profit

$255M37.0% margin

Operating Income

$111M16.0% margin

Net Income

$60M8.7% margin

EPS (Diluted)

$0.98

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$37M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.1B

Stockholders' Equity

$1.6B

Cash & Equivalents

$76M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$690M	$684M	+0.8%
Gross Profit	$255M	$247M	+3.1%
Operating Income	$111M	$91M	+22.0%
Net Income	$60M	$32M	+87.9%

Revenue Segments

Consumable Products

$475M69%

Equipment Products

$215M31%

Geographic Segments

EMEA and APAC Segment

$394M57%

Americas Segment

$296M43%