ESAB Corporation Financial Ratios — O03 Stock

Profitability (USD)

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	9.47	11.74	13.88	15.69	11.53
Return on Assets (%)	- -	- -	6.87	6.2	5.41	6.74	5.15
Return on Capital (%)	- -	- -	8.82	9.36	9.48	10.82	8.78
Return on Invested Capital (%)	- -	- -	8.63	9.43	10.26	12.25	9.88
Gross Margin (%)	35.44	35	34.51	34.14	36.61	37.85	36.88
EBITDA Margin (%)	14.96	14.3	15.74	15.23	17.27	18.76	17.46
Operating Margin (%)	12.42	11.47	13.39	13.58	15.43	16.7	15.48
Incremental Operating Margin (%)	- -	18.64	21.21	16.32	41.99	- -	- -
Pretax Margin (%)	9.86	10.56	13.14	11.58	11.5	13.51	11.55
Profit Margin (%)	7.69	8.07	9.68	8.63	7.4	9.66	7.98
Net Income to Common Margin (%)	7.69	8.07	9.68	8.63	7.4	9.66	7.98
Effective Tax Rate (%)	20.2	22.33	25.2	23.04	30	20.88	21.07
Dvd Payout Ratio (%)	- -	- -	- -	2.57	5.82	5.68	8.25
Sustainable Growth Rate (%)	- -	- -	9.47	11.44	13.07	14.8	10.57

Credit (USD)

Credit Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	97	109	1,313	1,117	1,163	1,345
ST Debt	- -	19	20	19	23	36	24
LT Debt	- -	78	89	1,295	1,095	1,127	1,321
Total Debt/EBITDA	- -	0.35	0.29	3.32	2.33	2.26	2.71
Net Debt/EBITDA	- -	-0.18	-0.11	2.9	1.91	1.61	2.11
Total Debt/EBIT	- -	0.48	0.36	3.99	2.76	2.6	3.26
Net Debt/EBIT	- -	-0.24	-0.13	3.48	2.27	1.85	2.55
EBITDA to Interest Expense	- -	- -	- -	10.41	5.63	7.92	5.91
EBITDA-CapEx/Interest Expense	- -	- -	- -	9.35	5.07	7.13	5.35
EBIT to Interest Expense	- -	- -	- -	9.28	5.03	7.05	5.24
Interest Expense	- -	- -	- -	38	85	65	84
Common Equity/Total Assets	- -	73.91	71.09	35.97	41.98	43.85	45.45
Long-Term Debt/Equity (%)	- -	3.08	3.55	93.25	66.44	62.31	59.72
Long-Term Debt/Capital (%)	- -	2.97	3.4	47.92	39.59	37.92	37.13
Long-Term Debt/Total Assets (%)	- -	2.32	2.56	34.49	28.59	27.93	27.71
Total Debt/Equity (%)	- -	3.81	4.37	94.6	67.82	64.33	60.83
Total Debt/Capital (%)	- -	3.67	4.18	48.61	40.41	39.15	37.82
Total Debt/Total Assets (%)	- -	2.87	3.16	34.99	29.19	28.84	28.22
Net Debt to Equity	- -	-1.93	-1.65	82.58	55.6	45.7	47.44
Net Debt/Capital (%)	- -	-1.9	-1.6	43.6	34.4	30.36	31.12
EBITDA	336	279	382	395	479	514	496
EBITDA-CapEx	292	239	347	355	431	462	449
Operating Income (Loss)	279	224	325	352	428	458	440

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	0.11	0.07	0.12	0.16	0.39	0.28
Current Ratio	- -	1.75	1.62	1.64	1.61	1.82	1.9
Quick Ratio	- -	0.82	0.71	0.74	0.79	0.98	0.96
CFO/Avg Current Liab	- -	- -	0.47	0.36	0.54	0.57	0.4
Common Equity/Total Assets	- -	73.91	71.09	35.97	41.98	43.85	45.45
Long-Term Debt/Equity (%)	- -	3.08	3.55	93.25	66.44	62.31	59.72
Long-Term Debt/Capital (%)	- -	2.97	3.4	47.92	39.59	37.92	37.13
Long-Term Debt/Total Assets (%)	- -	2.32	2.56	34.49	28.59	27.93	27.71
Total Debt/Equity (%)	- -	3.81	4.37	94.6	67.82	64.33	60.83
Total Debt/Capital (%)	- -	3.67	4.18	48.61	40.41	39.15	37.82
Total Debt/Total Assets (%)	- -	2.87	3.16	34.99	29.19	28.84	28.22
CFO/Total Liabilities	- -	36.76	26.13	9.06	15.15	15.97	10.2
CFO/CapEx	5.62	7.7	7.05	5.33	6.86	6.86	5.51
Altman's Z-Score	- -	- -	- -	3.33	4.38	4.97	4.45

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	6.81	6.84	7.31	7.26	6.92
Days Sales Outstanding	- -	- -	53.59	53.33	49.96	50.31	52.75
Inventory Turnover	- -	- -	4.34	4.08	4.34	4.28	4.05
Days Inventory Outstanding	- -	- -	84.18	89.42	84.01	85.35	90.07
Accounts Payable Turnover	- -	- -	5.78	5.15	5.57	5.48	5.52
Accounts Payable Turnover Days	- -	- -	63.11	70.84	65.52	66.55	66.17
Cash Conversion Cycle	- -	- -	74.66	71.91	68.45	69.1	76.64
Inventory to Cash Days	- -	- -	-30.58	-36.1	-34.05	-35.04	-37.32
Inventories	- -	313	420	417	393	404	482
Raw Materials	- -	109	148	153	157	151	173
Work In Process	- -	31	40	44	44	42	40
Finished Goods	- -	201	269	262	245	252	308
Other Inventory	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	2,883	5,192	7,245	6,778
- Cash & Cash Equivalents	- -	49	41	72	102	249	186
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	42	41	38	40	39	45
+ Total Debt	- -	97	109	1,313	1,117	1,163	1,345
Enterprise Value	- -	- -	- -	4,162	6,247	8,198	7,983
Total Capital	- -	2,642	2,611	2,702	2,765	2,971	3,557
Total Debt/Capital (%)	- -	3.67	4.18	48.61	40.41	39.15	37.82
Total Debt / EV	- -	- -	- -	0.32	0.18	0.14	0.17
EV/Sales	- -	- -	- -	1.6	2.25	2.99	2.81
EV/EBITDA	- -	- -	- -	10.54	13.04	15.94	16.08
EV/EBIT	- -	- -	- -	12.65	15.46	18.32	19.37
EV/Cash Flow to Firm	- -	- -	- -	17.09	16.02	20.16	24.43
EV/Free Cash Flow to Firm	- -	- -	- -	20.47	18.27	23.1	28.56
Diluted Market Cap	- -	- -	- -	2,909	5,223	7,356	6,897
Diluted Enterprise Value	- -	- -	- -	4,188	6,278	8,310	8,102
EV per Share	- -	- -	- -	69.27	103.61	135.47	131.46
TTM Sales	2,247	1,950	2,428	2,593	2,775	2,741	2,843
TTM EBITDA	336	279	382	395	479	514	496
TTM Operating Income	279	224	325	352	428	458	440
TTM Cash Flow to Firm	250	309	251	244	390	407	327
TTM Free Cash Flow to Firm	205	269	215	203	342	355	280

Multiples (USD)

Valuation Multiples API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	16.71	18.5	24.23	32.34
EV/EBIT	- -	- -	- -	12.65	15.46	18.32	19.37
Enterprise Value	- -	- -	- -	4,162	6,247	8,198	7,983
Low Price	- -	- -	- -	32.41	45.79	81.58	100.22
EV/Sales	- -	- -	- -	1.6	2.25	2.99	2.81
EV/EBITDA	- -	- -	- -	10.54	13.04	15.94	16.08
Price/Earnings	- -	- -	- -	12.97	25.26	27.46	30.09
Price/Earnings Average	- -	- -	- -	11.62	18.98	23.49	31.48
Price/Earnings High	- -	- -	- -	14.94	26.01	31.44	36.39
Price/Earnings Low	- -	- -	- -	8.76	13.43	18.71	27.01
Price/Book Value	- -	- -	- -	2.14	3.23	4.1	3.13
Price/Book Value Average	- -	- -	- -	1.91	2.43	3.5	3.27
Price/Book Value High	- -	- -	- -	2.46	3.33	4.69	3.79
Price/Book Value Low	- -	- -	- -	1.44	1.72	2.79	2.81
Price/Tangible Book Value	- -	- -	- -	-4.14	-10.81	-19.53	-14.84
Price/Tangible Book Value Average	- -	- -	- -	-3.71	-8.12	-16.71	-15.53
Price/Tangible Book Value High	- -	- -	- -	-4.77	-11.13	-22.36	-17.95
Price/Tangible Book Value Low	- -	- -	- -	-2.8	-5.75	-13.31	-13.33
Price/Sales	- -	- -	- -	1.12	1.87	2.65	2.4
Price/Sales Average	- -	- -	- -	1	1.4	2.27	2.51
Price/Sales High	- -	- -	- -	1.29	1.92	3.04	2.9
Price/Sales Low	- -	- -	- -	0.76	0.99	1.81	2.15
Price/Cash Flow	- -	- -	- -	13.53	15.69	20.46	26.18
Price/Cash Flow Average	- -	- -	- -	12.13	11.79	17.5	27.4
Price/Cash Flow High	- -	- -	- -	15.59	16.16	23.43	31.67
Price/Cash Flow Low	- -	- -	- -	9.14	8.34	13.94	23.51
Price/Free Cash Flow Average	- -	- -	- -	14.97	13.9	20.73	33.84
Price/Free Cash Flow High	- -	- -	- -	19.25	19.05	27.74	39.12
Price/Free Cash Flow Low	- -	- -	- -	11.29	9.84	16.51	29.03
EV/Sales Average	- -	- -	- -	1.49	1.79	2.61	2.92
EV/Sales High	- -	- -	- -	1.77	2.31	3.37	3.31
EV/Sales Low	- -	- -	- -	1.24	1.38	2.15	2.56
EV/EBITDA Average	- -	- -	- -	9.78	10.34	13.91	16.72
EV/EBITDA High	- -	- -	- -	11.65	13.36	17.98	18.95
EV/EBITDA Low	- -	- -	- -	8.17	7.96	11.45	14.69
EV/EBIT Average	- -	- -	- -	11.74	12.26	15.98	20.13
EV/EBIT High	- -	- -	- -	13.98	15.84	20.67	22.81
EV/EBIT Low	- -	- -	- -	9.81	9.44	13.16	17.69
Last Price	- -	- -	- -	47.97	86.1	119.72	111.62
High Price	- -	- -	- -	55.26	88.66	137.06	135.02
Enterprise Value Average	- -	- -	- -	3,863	4,957	7,151	8,297
Enterprise Value High	- -	- -	- -	4,601	6,402	9,248	9,404
Enterprise Value Low	- -	- -	- -	3,228	3,816	5,890	7,290

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	60	60	60	60	60	61	61
Diluted Weighted Avg Shares	60	60	60	61	61	61	62
Basic Weighted Avg Shares	60	60	60	60	60	61	61
Revenue per Share	37.45	32.5	40.47	42.89	46.07	45.12	46.51
EBITDA per Share	5.6	4.65	6.37	6.53	7.96	8.47	8.12
Operating Income per Share	4.65	3.73	5.42	5.82	7.11	7.53	7.2
Basic EPS, GAAP	2.88	2.62	3.92	3.7	3.41	4.36	3.71
Basic EPS from Cont Ops	2.95	2.66	3.98	3.82	3.71	4.82	4.24
Diluted EPS, GAAP	2.88	2.62	3.92	3.69	3.38	4.31	3.67
Diluted EPS from Cont Ops	2.95	2.66	3.98	3.81	3.68	4.77	4.19
Dividend per Share	- -	- -	- -	0.1	0.22	0.28	0.36
Cash Flow per Share	4.16	5.15	4.18	3.54	5.49	5.85	4.26
Free Cash Flow per Basic Share	3.42	4.48	3.59	2.88	4.69	5	3.49
Cash & Equivalents per Share	- -	0.82	0.69	1.2	1.69	4.12	3.06
Book Value per Share	- -	41.71	41.01	22.47	26.66	29.23	35.67
Tangible Book Value per Share	- -	6.2	6.77	-11.59	-7.97	-6.13	-7.52