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ESAB Valuation Multiples
Discover revenue and EBITDA valuation multiples for ESAB and similar public comparables like B2Gold, South Bow, Hexcel, Jiaxin International Res and more.
ESAB Overview
About ESAB
ESAB, spun off from Colfax in 2022, is a leading manufacturer of equipment and consumables used in welding, cutting, and joining applications. Alongside competitors Lincoln Electric and ITWβs Miller brand, ESAB is one of the top three players in the welding space. ESAB generated roughly $2.8 billion in revenue in 2025.
Founded
2021
HQ

Employees
10.3K
Website
Financials (LTM)
EV
$8B
ESAB Financials
ESAB reported last 12-month revenue of $3B and EBITDA of $553M.
In the same LTM period, ESAB generated $977M in gross profit, $553M in EBITDA, and $261M in net income.
Revenue (LTM)
ESAB P&L
In the most recent fiscal year, ESAB reported revenue of $3B and EBITDA of $540M.
ESAB expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | $977M | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | 35% | XXX | 37% | XXX | XXX | XXX |
| EBITDA | $553M | XXX | $540M | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 19% | XXX | XXX | XXX |
| EBIT Margin | 18% | XXX | 18% | XXX | XXX | XXX |
| Net Profit | $261M | XXX | $240M | XXX | XXX | XXX |
| Net Margin | 9% | XXX | 8% | XXX | XXX | XXX |
| Net Debt | β | β | $1B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
ESAB Stock Performance
ESAB has current market cap of $7B, and enterprise value of $8B.
Market Cap Evolution
ESAB's stock price is $109.55.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $8B | $7B | 10.7% | XXX | XXX | XXX | $3.94 |
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Start Free TrialESAB Valuation Multiples
ESAB trades at 2.8x EV/Revenue multiple, and 14.2x EV/EBITDA.
EV / Revenue (LTM)
ESAB Financial Valuation Multiples
As of April 18, 2026, ESAB has market cap of $7B and EV of $8B.
Equity research analysts estimate ESAB's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
ESAB has a P/E ratio of 25.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $7B | XXX | $7B | XXX | XXX | XXX |
| EV (current) | $8B | XXX | $8B | XXX | XXX | XXX |
| EV/Revenue | 2.8x | XXX | 2.8x | XXX | XXX | XXX |
| EV/EBITDA | 14.2x | XXX | 14.5x | XXX | XXX | XXX |
| EV/EBIT | 15.4x | XXX | 15.5x | XXX | XXX | XXX |
| EV/Gross Profit | 8.0x | XXX | 7.5x | XXX | XXX | XXX |
| P/E | 25.6x | XXX | 27.8x | XXX | XXX | XXX |
| EV/FCF | 28.3x | XXX | 32.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified ESAB Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


ESAB Margins & Growth Rates
ESAB's revenue in the last 12 month grew by 6%.
ESAB's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
ESAB's rule of 40 is 22% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
ESAB's rule of X is 25% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
ESAB Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | 2% | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 19% | XXX | XXX | XXX |
| EBITDA Growth | 8% | XXX | 8% | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 22% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 25% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.1M | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 21% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
ESAB Public Comps
See public comps and valuation multiples for other Metals & Mining and Industrial Parts comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| ESAB | XXX | XXX | XXX | XXX | XXX | XXX |
| B2Gold | XXX | XXX | XXX | XXX | XXX | XXX |
| South Bow | XXX | XXX | XXX | XXX | XXX | XXX |
| Hexcel | XXX | XXX | XXX | XXX | XXX | XXX |
| Jiaxin International Res | XXX | XXX | XXX | XXX | XXX | XXX |
| Almonty Industries | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
ESAB M&A Activity
ESAB acquired XXX companies to date.
Last acquisition by ESAB was on XXXXXXXX, XXXXX. ESAB acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by ESAB
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialESAB Investment Activity
ESAB invested in XXX companies to date.
ESAB made its latest investment on XXXXXXXX, XXXXX. ESAB invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by ESAB
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout ESAB
| When was ESAB founded? | ESAB was founded in 2021. |
| Where is ESAB headquartered? | ESAB is headquartered in United States. |
| How many employees does ESAB have? | As of today, ESAB has over 10K employees. |
| Who is the CEO of ESAB? | ESAB's CEO is Shyam P. Kambeyanda. |
| Is ESAB publicly listed? | Yes, ESAB is a public company listed on NYSE. |
| What is the stock symbol of ESAB? | ESAB trades under ESAB ticker. |
| When did ESAB go public? | ESAB went public in 2022. |
| Who are competitors of ESAB? | ESAB main competitors are B2Gold, South Bow, Hexcel, Jiaxin International Res. |
| What is the current market cap of ESAB? | ESAB's current market cap is $7B. |
| What is the current revenue of ESAB? | ESAB's last 12 months revenue is $3B. |
| What is the current revenue growth of ESAB? | ESAB revenue growth (NTM/LTM) is 6%. |
| What is the current EV/Revenue multiple of ESAB? | Current revenue multiple of ESAB is 2.8x. |
| Is ESAB profitable? | Yes, ESAB is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of ESAB? | ESAB's last 12 months EBITDA is $553M. |
| What is ESAB's EBITDA margin? | ESAB's last 12 months EBITDA margin is 20%. |
| What is the current EV/EBITDA multiple of ESAB? | Current EBITDA multiple of ESAB is 14.2x. |
| What is the current FCF of ESAB? | ESAB's last 12 months FCF is $277M. |
| What is ESAB's FCF margin? | ESAB's last 12 months FCF margin is 10%. |
| What is the current EV/FCF multiple of ESAB? | Current FCF multiple of ESAB is 28.3x. |
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