ESAB Q2 2024 Earnings — ESAB Corporation Revenue & Financial Results | Market Cap Arena

ESABESAB Corporation

$7B

Q2 2024 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$707M-1.9% YoY

Gross Profit

$270M38.2% margin

Operating Income

$119M16.9% margin

Net Income

$83M11.7% margin

EPS (Diluted)

$1.36

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$83M

Free Cash Flow

$74M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$2.2B

Stockholders' Equity

$1.7B

Cash & Equivalents

$228M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$707M	$720M	-1.9%
Gross Profit	$270M	$264M	+2.4%
Operating Income	$119M	$109M	+9.9%
Net Income	$83M	$66M	+26.4%

Revenue Segments

Consumable Products

$475M67%

Equipment Products

$232M33%

Geographic Segments

EMEA and APAC Segment

$397M56%

Americas Segment

$310M44%