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Below are the financial statements of ESAB, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of ESAB, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 2,740.8a | 2,774.77a | 2,593.48a |
| Cost of sales | -1,703.35a | -1,759.02a | -1,707.95a |
| Gross profit | 1,037.46a | 1,015.75a | 885.53a |
| Selling, general and administrative expense | -579.78a | -587.48a | -533.37a |
| Restructuring and other related charges | -10.23a | -24.11a | -23.1a |
| Operating income | 447.45a | 404.17a | 329.07a |
| Pension settlement loss (gain) | 12.16a | 0a | -9.14a |
| Interest expense and other, net | 64.89a | 85.07a | 37.95a |
| Income from continuing operations before income taxes | 370.41a | 319.09a | 300.25a |
| Income tax expense | -77.35a | -95.73a | -69.17a |
| Net income from continuing operations | 293.06a | 223.37a | 231.08a |
| Loss from discontinued operations, net of taxes | -22.31a | -12.34a | -3.07a |
| Net income | 270.75a | 211.02a | 228.01a |
| Income attributable to noncontrolling interest, net of taxes | -5.91a | -5.74a | -4.27a |
| Net income attributable to ESAB Corporation | 264.84a | 205.29a | 223.75a |
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