NYSE$ESAB

ESAB Corporation · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

ESAB reported a decline in total sales but maintained strong margins and completed a strategic acquisition.

ESAB Corporation posted Q4 2024 sales of $671 million, reflecting a 3% decline year-over-year. Net income from continuing operations stood at $72 million, with an adjusted EPS of $1.28. The company completed the acquisition of SUMIG to expand its automation portfolio and anticipates modest organic growth in 2025.

  • Total sales declined 3% year-over-year to $671 million.
  • Net income from continuing operations reached $72 million.
  • Adjusted EPS came in at $1.28.
  • Acquisition of SUMIG strengthens ESAB’s light-industrial automation segment.

Headline financials

Total Revenue

$671M

Previous: $689M-2.7%
EPS (adj)

$1.28

Previous: $1.13+13.3%
Total Core Sales Growth

-2.8%

Previous: 4.0%-170.0%
Core Organic Sales Growth

-4.9%

No prior period
Core Adjusted EBITDA Margin

20.3%

No prior period
Adjusted EBITDA Margin

19.6%

No prior period
Organic Sales Growth

-4.9%

No prior period
Acquisitions Sales Growth

0.9%

No prior period
Foreign Currency Translation Impact

1.2%

No prior period
Net Income

$53.7M

Previous: $51.5M+4.4%
Operating Income

$111M

Previous: $104M+7.4%
Gross Profit

$258M

Previous: $255M+1.4%

Revenue & EPS history

ESAB · Revenue · Quarterly

$671M

Q4 2024-2.7%vs Q4 2023
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

ESAB expects 2025 organic growth of 0.0% to 2.0%, with total core sales growth between -2.0% and 0.0%. Adjusted EPS is projected to range between $5.10 and $5.25.

Tailwinds

  • Projected organic sales growth of up to 2.0%.
  • Expected adjusted EPS of $5.10 to $5.25.
  • Continued margin expansion with improved operational efficiency.
  • Acquisition of Bavaria expected to strengthen consumables portfolio.
  • Strong balance sheet supports future growth initiatives.

Headwinds

  • Total core sales may decline by up to 2.0%.
  • Currency headwinds expected to impact revenue by ~3.5%.
  • Uncertain macroeconomic conditions pose a risk to demand.
  • Potential disruptions from supply chain challenges.
  • Competitive pressures in key industrial markets.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.6%

Avg return

Earnings day

+4.0%

Avg return

5 days after

+3.6%

Avg return

30 days after

52%

11 / 21 earnings

Positive

+14.2%

Q3 2023

Best reaction

-5.7%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.9%-7.3%-13.4%
Q4 2025-1.5%-4.5%-27.9%
Q3 2025-5.7%-5.0%-7.3%
Q1 2025-1.6%+1.8%+2.4%
Q4 2024-4.0%-1.3%-4.9%
Q3 2024+12.6%+10.8%+15.1%
Q2 2024-5.5%-5.3%+6.9%
Q1 2024-2.2%+1.6%-2.9%
Q4 2023+2.0%+2.0%+13.9%
Q3 2023+14.2%+18.5%+24.9%
Q2 2023+4.4%+3.6%+5.1%
Q1 2023+3.3%+4.5%+4.5%
Q4 2022+3.1%+0.4%-6.4%
Q3 2022+9.1%+11.9%+31.8%
Q3 2021+9.1%+11.9%+31.8%
Q2 2022+0.2%+2.5%-9.0%
Q2 2021+0.2%+2.5%-9.0%
Q1 2022-1.5%+8.9%+5.0%
Q4 2021-1.5%+8.9%+5.0%
Q4 2020-1.5%+8.9%+5.0%
Q1 2021-1.5%+8.9%+5.0%

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