ESAB Q3 2024 Earnings — ESAB Corporation Revenue & Financial Results | Market Cap Arena

ESABESAB Corporation

$7B

Q3 2024 Earnings

Industrials Manufacturing - Metal Fabrication

Income Statement

Revenue

$673M-1.1% YoY

Gross Profit

$254M37.7% margin

Operating Income

$106M15.7% margin

Net Income

$68M10.1% margin

EPS (Diluted)

$1.12

QoQ Revenue Growth

-4.8%

Cash Flow

Operating Cash Flow

$101M

Free Cash Flow

$90M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$2.2B

Stockholders' Equity

$1.8B

Cash & Equivalents

$254M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$673M	$681M	-1.1%
Gross Profit	$254M	$250M	+1.6%
Operating Income	$106M	$101M	+4.8%
Net Income	$68M	$58M	+18.5%

Revenue Segments

Consumable Products

$454M67%

Equipment Products

$219M33%

Geographic Segments

EMEA and APAC Segment

$384M57%

Americas Segment

$289M43%