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ESAB (ESAB) Revenue & Revenue Breakdown

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ESAB Revenue Highlights

Latest Revenue (Y)

$2.77B

Latest Revenue (Q)

$673.25M

Main Segment (Y)

Equipment Products

Main Geography (Y)

Americas Segment

ESAB Revenue by Period

ESAB Revenue by Year

DateRevenueChange
2023-12-31$2.77B6.99%
2022-12-31$2.59B6.81%
2021-12-31$2.43B24.51%
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

DateRevenueChange
2024-09-27$673.25M-4.78%
2024-06-28$707.05M2.51%
2024-03-29$689.74M0.06%
2023-12-31$689.35M1.23%
2023-09-29$681.00M-5.47%
2023-06-30$720.42M5.32%
2023-03-31$684.00M2.99%
2022-12-31$664.13M7.07%
2022-09-30$620.26M-6.19%
2022-07-01$661.18M2.05%
2022-04-01$647.91M3.80%
2021-12-31$624.22M3.01%
2021-09-30$605.97M-3.78%
2021-06-30$629.80M10.86%
2021-03-31$568.13M-

ESAB generated $673.25M in revenue during Q3 2024, up -4.78% compared to the previous quarter, and up 93.45% compared to the same period a year ago.

ESAB Revenue Breakdown

ESAB Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22
Consumable Products$854.95M$740.82M
Equipment Products$1.92B$1.85B

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/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jul 22Apr 22
Consumable Products$453.83M$475.39M$474.88M-$471.96M$494.37M$200.22M$451.63M$470.60M$459.56M
Equipment Products$219.41M$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 Sep 24: Consumable Products (67.41%), and Equipment Products (32.59%).

ESAB Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 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

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jul 22Apr 22
Americas Segment$288.82M$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 Sep 24: Americas Segment (100.00%).

ESAB Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ATIATI$7.54B$1.88B
RYIRyerson$5.11B$1.13B
ESABESAB$2.77B$673.25M
CRSCarpenter$2.76B$717.60M
WORWorthington Industries$1.25B$257.31M
MECMayville Engineering Company$588.42M$135.39M
IIINInsteel Industries$529.20M$145.78M
NWPXNorthwest Pipe Company$444.36M$130.31M
GIFIGulf Island Fabrication$151.07M$37.64M

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 Q3 2024 was $673.25M, a -4.78% decrease from the previous quarter (Q2 2024), and a -1.14% decrease year-over-year (Q3 2023). The company'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). ESAB'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).

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 Consumable Products, and Equipment Products. Consumable Products generated $854.95M in revenue, accounting 30.81% of the company's total revenue, up 15.41% year-over-year. Equipment Products generated $1.92B in revenue, accounting 69.19% of the company's total revenue, up 3.63% 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.