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ESAB Corporation (ESAB)
NYSE:ESAB
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.23Last Year’s EPS
1.2Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: -4.01%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
ESAB reported a solid performance with record profits and strong cash flow, driven by strategic acquisitions and innovation. Despite challenges such as flat organic growth and FX headwinds, the company showed resilience and positive future outlook. The highlights, including record EBITDA margins and strategic acquisitions, outshine the lowlights.Company Guidance
During the ESAB's fourth quarter 2024 conference call, several key metrics were highlighted reflecting the company's strong performance and future outlook. The company achieved a record fourth quarter adjusted EBITDA margin of 20.3% with a 90 basis point expansion on flat organic growth. Over the year, the adjusted EBITDA margin set a new record at 19.7%, and the company recorded over 100% free cash flow conversion, achieving $321 million in free cash flow. For 2025, ESAB anticipates organic growth in the range of 0% to 2% and a projected adjusted EBITDA between $515 million and $530 million, reflecting a margin increase of approximately 70 basis points at the midpoint. The company expects to generate $60 million in savings by 2028 through various initiatives, including the EBX business system, while projecting a $25 million savings in 2025 from productivity and restructuring efforts. Additionally, ESAB's guidance includes a 3.5% FX headwind and plans for further growth through bolt-on acquisitions, with a robust acquisition funnel set to propel the company towards its 2028 goals.Record Fourth Quarter Profits
ESAB achieved record fourth quarter adjusted EBITDA margin of 20.3%, with a 90 basis points year-over-year improvement, driven by successful implementation of EBX initiatives.
Strong Free Cash Flow and Debt Reduction
Achieved record free cash flow of $321 million with a conversion rate exceeding 100%, supported by EBX business system and AI projects. Net leverage ended under 1.6x after spending $154 million on acquisitions.
Acquisition Strategy and Expansion
Added three bolt-on acquisitions in 2024, with a first deal of 2025 signed with Bavaria. These acquisitions are EPS accretive in year one and support the compounder strategy.
Innovation and Product Launches
Launched over 100 new products in 2024 and invested over $100 million in growth initiatives, including AI enhancements and commercial excellence programs.
Regional Performance and Market Share Gains
Strong performance in Europe, Middle East, and Asia, with total sales increase of 300 basis points and EBITDA margins at 19.3%. Notable share gains in equipment and improved product mix.
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ESAB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ESAB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $125.13 | $120.11 | -4.01% |
| Oct 29, 2024 | $111.34 | $125.45 | +12.67% |
| Aug 02, 2024 | $98.10 | $95.85 | -2.29% |
| May 01, 2024 | $105.64 | $101.02 | -4.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ESAB Corporation (ESAB) report earnings?
ESAB Corporation (ESAB) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is ESAB Corporation (ESAB) earnings time?
ESAB Corporation (ESAB) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ESAB EPS forecast?
ESAB EPS forecast for the fiscal quarter 2025 (Q1) is 1.23.
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