ESAB Q3 2023 Earnings — ESAB Corporation Revenue & Financial Results | Market Cap Arena

ESABESAB Corporation

$7B

Q3 2023 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$681M+9.8% YoY

Gross Profit

$250M36.7% margin

Operating Income

$101M14.9% margin

Net Income

$58M8.5% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

-5.5%

Cash Flow

Operating Cash Flow

$107M

Free Cash Flow

$96M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.2B

Stockholders' Equity

$1.5B

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$681M	$620M	+9.8%
Gross Profit	$250M	$209M	+19.3%
Operating Income	$101M	$81M	+24.9%
Net Income	$58M	$52M	+10.0%

Revenue Segments

Consumable Products

$472M69%

Equipment Products

$209M31%

Geographic Segments

EMEA and APAC Segment

$375M55%

Americas Segment

$306M45%