Earnings Summary

Esab Corp’s revenue jumped 0.84% since last year same period to $689.74Mn in the Q1 2024. On a quarterly growth basis, Esab Corp has generated 0.06% jump in its revenue since last 3-months.

Esab Corp’s net profit jumped 87.92% since last year same period to $59.95Mn in the Q1 2024. On a quarterly growth basis, Esab Corp has generated 19.33% jump in its net profits since last 3-months.

Esab Corp’s net profit margin jumped 86.35% since last year same period to 8.69% in the Q1 2024. On a quarterly growth basis, Esab Corp has generated 19.26% jump in its net profit margins since last 3-months.

Esab Corp’s price-to-earnings ratio after this Q1 2024 earnings stands at 24.39.

Esab Corp’s earning per share (EPS) estimates for the current quarter stand at 1.27 - a 15.45% jump from last quarter’s estimates.

Esab Corp’s earning per share (EPS) estimates for the current year stand at 1.27.

Esab Corp’s earning per share (EPS) jumped 15.38% since last year same period to 1.2 in the Q1 2024. This indicates that the Esab Corp has generated 15.38% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Esab Corp’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Esab Corp’s return on equity (ROE) stands at 0.16.

Esab Corp declared 0.06 dividend per share during the earnings announcement for Q1 2024.