ESAB (ESAB) Revenue & Revenue Breakdown
ESAB Revenue Highlights
Latest Revenue (Y)
$2.77B
Latest Revenue (Q)
$707.05M
Main Segment (Y)
Equipment Products
Main Geography (Y)
Americas Segment
ESAB Revenue by Period
ESAB Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.77B | 6.99% |
| 2022-12-31 | $2.59B | 6.81% |
| 2021-12-31 | $2.43B | 24.51% |
| 2020-12-31 | $1.95B | -13.22% |
| 2019-12-31 | $2.25B | - |
ESAB generated $2.77B in revenue during NA 2023, up 6.99% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
ESAB Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-28 | $707.05M | 2.51% |
| 2024-03-29 | $689.74M | 0.06% |
| 2023-12-31 | $689.35M | 1.23% |
| 2023-09-29 | $681.00M | -5.47% |
| 2023-06-30 | $720.42M | 5.32% |
| 2023-03-31 | $684.00M | 2.99% |
| 2022-12-31 | $664.13M | 7.07% |
| 2022-09-30 | $620.26M | -6.19% |
| 2022-07-01 | $661.18M | 2.05% |
| 2022-04-01 | $647.91M | 3.80% |
| 2021-12-31 | $624.22M | 3.01% |
| 2021-09-30 | $605.97M | -3.78% |
| 2021-06-30 | $629.80M | 10.86% |
| 2021-03-31 | $568.13M | - |
ESAB generated $707.05M in revenue during Q2 2024, up 2.51% compared to the previous quarter, and up 103.37% compared to the same period a year ago.
ESAB Revenue Breakdown
ESAB Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 |
|---|---|---|
| Equipment Products | $1.92B | $1.85B |
| Consumable Products | $854.95M | $740.82M |
ESAB's latest annual revenue breakdown by segment (product or service), as of Dec 23: Equipment Products (69.19%), and Consumable Products (30.81%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jul 22 | Apr 22 |
|---|---|---|---|---|---|---|---|---|---|
| Consumable Products | $475.39M | $474.88M | - | $471.96M | $494.37M | $200.22M | $451.63M | $470.60M | $459.56M |
| Equipment Products | $231.66M | $214.86M | $1.00B | $209.04M | $226.05M | $483.78M | $168.63M | $190.57M | $188.35M |
ESAB's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Consumable Products (67.24%), and Equipment Products (32.76%).
ESAB Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 |
|---|---|---|
| Americas Segment | $1.21B | - |
| UNITED STATES | - | $583.00M |
ESAB's latest annual revenue breakdown by geography, as of Dec 23: Americas Segment (100.00%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jul 22 | Apr 22 |
|---|---|---|---|---|---|---|---|---|---|
| Americas Segment | $309.76M | $296.05M | $307.33M | $305.82M | $310.28M | $291.57M | - | - | - |
| EMEA and APAC | - | - | - | - | - | - | $338.90M | $370.12M | $375.59M |
| Americas | - | - | - | - | - | - | $281.36M | $291.06M | $272.32M |
ESAB's latest quarterly revenue breakdown by geography, as of Jun 24: Americas Segment (100.00%).
ESAB Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ATI | ATI | $7.54B | $1.96B |
| RYI | Ryerson | $5.11B | $1.23B |
| ESAB | ESAB | $2.77B | $707.05M |
| CRS | Carpenter | $2.76B | $684.90M |
| WOR | Worthington Industries | $1.25B | $316.75M |
| IIIN | Insteel Industries | $649.19M | $145.78M |
| HAYN | Haynes | $589.96M | $153.92M |
| MEC | Mayville Engineering | $588.42M | $163.64M |
| NWPX | Northwest Pipe | $444.36M | $129.50M |
| GIFI | Gulf Island Fabrication | $151.07M | $41.26M |
ESAB Revenue FAQ
What is ESAB’s yearly revenue?
ESAB's yearly revenue for 2023 was $2.77B, representing an increase of 6.99% compared to 2022. The company's yearly revenue for 2022 was $2.59B, representing an increase of 6.81% compared to 2021. ESAB's yearly revenue for 2021 was $2.43B, representing an increase of 24.51% compared to 2020.
What is ESAB’s quarterly revenue?
ESAB's quarterly revenue for Q2 2024 was $707.05M, a 2.51% increase from the previous quarter (Q1 2024), and a -1.86% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $689.74M, a 0.06% increase from the previous quarter (Q4 2023), and a 0.84% increase year-over-year (Q1 2023). ESAB's quarterly revenue for Q4 2023 was $689.35M, a 1.23% increase from the previous quarter (Q3 2023), and a 3.80% increase year-over-year (Q4 2022).
What is ESAB’s revenue growth rate?
ESAB's revenue growth rate for the last 3 years (2021-2023) was 14.28%, and for the last 5 years (2019-2023) was 23.49%.
What are ESAB’s revenue streams?
ESAB's revenue streams in c 23 are Equipment Products, and Consumable Products. Equipment Products generated $1.92B in revenue, accounting 69.19% of the company's total revenue, up 3.63% year-over-year. Consumable Products generated $854.95M in revenue, accounting 30.81% of the company's total revenue, up 15.41% year-over-year.
What is ESAB’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of ESAB was Equipment Products. This segment made a revenue of $1.92B, representing 69.19% of the company's total revenue.