ESAB (ESAB) Revenue & Revenue Breakdown


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ESAB Revenue Highlights


Latest Revenue (Y)

$2.74B

Latest Revenue (Q)

$673.25M

Main Segment (Y)

Equipment Products

Main Geography (Y)

Americas Segment

ESAB Revenue by Period


ESAB Revenue by Year

DateRevenueChange
2024-12-31$2.74B-1.22%
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 $2.74B in revenue during NA 2024, up -1.22% compared to the previous quarter, and up 121.97% 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 24Dec 23Dec 22
Equipment Products$1.85B$1.92B$1.85B
Consumable Products$893.31M$854.95M$740.82M

ESAB's latest annual revenue breakdown by segment (product or service), as of Dec 24: Equipment Products (67.41%), and Consumable Products (32.59%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jul 22Apr 22
Equipment Products$1.18B$219.41M$231.66M$214.86M$1.00B$209.04M$226.05M$483.78M$168.63M$190.57M$188.35M
Consumable Products-$453.83M$475.39M$474.88M-$471.96M$494.37M$200.22M$451.63M$470.60M$459.56M

ESAB's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Equipment Products (100.00%).

ESAB Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22
Americas Segment$1.18B$1.21B-
UNITED STATES--$583.00M

ESAB's latest annual revenue breakdown by geography, as of Dec 24: Americas Segment (100.00%).

Quarterly Revenue by Country

CountryDec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jul 22Apr 22
Americas Segment$282.12M$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 Dec 24: Americas Segment (100.00%).

ESAB Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
RYIRyerson$4.60B$1.13B
ATIATI$4.36B$1.88B
CRSCarpenter$2.76B$676.90M
ESABESAB$2.74B$673.25M
WORWorthington Industries$1.25B$304.52M
MECMayville Engineering$581.60M$135.39M
IIINInsteel Industries$529.20M$129.72M
NWPXNorthwest Pipe$492.55M$130.31M
GIFIGulf Island Fabrication$159.20M$37.64M

ESAB Revenue FAQ


What is ESAB’s yearly revenue?

ESAB's yearly revenue for 2024 was $2.74B, representing a decrease of -1.22% compared to 2023. The company's yearly revenue for 2023 was $2.77B, representing an increase of 6.99% compared to 2022. ESAB's yearly revenue for 2022 was $2.59B, representing an increase of 6.81% compared to 2021.

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 (2022-2024) was 5.68%, and for the last 5 years (2020-2024) was 40.55%.

What are ESAB’s revenue streams?

ESAB's revenue streams in c 24 are Equipment Products, and Consumable Products. Equipment Products generated $1.85B in revenue, accounting 67.41% of the company's total revenue, down -3.77% year-over-year. Consumable Products generated $893.31M in revenue, accounting 32.59% of the company's total revenue, up 4.49% year-over-year.

What is ESAB’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of ESAB was Equipment Products. This segment made a revenue of $1.85B, representing 67.41% of the company's total revenue.