ESAB Q2 2023 Earnings — ESAB Corporation Revenue & Financial Results | Market Cap Arena

ESABESAB Corporation

$7B

Q2 2023 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$720M+9.0% YoY

Gross Profit

$264M36.6% margin

Operating Income

$109M15.1% margin

Net Income

$66M9.1% margin

EPS (Diluted)

$1.08

QoQ Revenue Growth

+5.3%

Cash Flow

Operating Cash Flow

$63M

Free Cash Flow

$53M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$2.3B

Stockholders' Equity

$1.5B

Cash & Equivalents

$74M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$720M	$661M	+9.0%
Gross Profit	$264M	$227M	+16.0%
Operating Income	$109M	$86M	+26.5%
Net Income	$66M	$55M	+18.7%

Revenue Segments

Consumable Products

$494M69%

Equipment Products

$226M31%

Geographic Segments

EMEA and APAC Segment

$410M57%

Americas Segment

$310M43%