ESAB Corporation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct '25 Oct 3, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	218.22	249.36	102	72.02	41.21	49.21
Cash & Short-Term Investments	218.22	249.36	102	72.02	41.21	49.21
Cash Growth	-13.98%	144.46%	41.62%	74.78%	-16.26%	-53.06%
Receivables	460.47	370.32	385.2	374.33	383.5	329.56
Inventory	503.72	403.71	392.86	416.83	420.06	313.39
Prepaid Expenses	64.29	55.67	61.77	56.64	51.95	49.28
Other Current Assets	87.02	69.33	55.89	68.85	67.36	63.51
Total Current Assets	1,334	1,148	997.72	988.67	964.07	804.95
Property, Plant & Equipment	491.68	388.21	389.91	376.26	394.22	395.87
Long-Term Investments	-	0.84	9.52	14.34	-	-
Goodwill	1,963	1,652	1,588	1,530	1,533	1,553
Other Intangible Assets	684.44	487.99	499.54	517.17	521.43	577.35
Long-Term Deferred Tax Assets	-	44.82	46.6	42.86	9.36	14.51
Other Long-Term Assets	396.41	311.74	297.01	284.95	39.18	39.92
Total Assets	4,869	4,034	3,829	3,754	3,461	3,386
Accounts Payable	342.21	318.49	306.59	316.27	345.48	241.27
Accrued Expenses	156.88	146.01	162.91	140.55	126.67	108.14
Current Portion of Long-Term Debt	2.18	15	-	-	-	-
Current Portion of Leases	22.57	21.46	22.79	18.66	20.47	18.64
Current Income Taxes Payable	54.34	46.4	45.68	49.62	58.92	51.47
Current Unearned Revenue	27.24	26.39	31.25	25.9	22.27	21.6
Other Current Liabilities	63.65	58.31	50.86	50.59	22.79	19.73
Total Current Liabilities	669.07	632.05	620.08	601.58	596.59	460.84
Long-Term Debt	1,334	1,061	1,018	1,219	-	-
Long-Term Leases	108.17	66.04	76.61	76.16	88.78	78.41
Other Long-Term Liabilities	596.01	466.89	466.22	469.18	274.17	301.81
Total Liabilities	2,707	2,226	2,181	2,366	959.53	841.06
Common Stock	0.06	0.06	0.06	0.06	2,922	2,899
Additional Paid-In Capital	1,901	1,901	1,881	1,866	-	-
Retained Earnings	769.23	597.18	350.56	159.23	-	-
Comprehensive Income & Other	-554.21	-729.57	-624.27	-674.99	-460.89	-396.2
Total Common Equity	2,116	1,769	1,607	1,350	2,461	2,503
Minority Interest	46.08	39.25	40.26	38.25	40.99	42.14
Shareholders' Equity	2,162	1,808	1,648	1,388	2,502	2,545
Total Liabilities & Equity	4,869	4,034	3,829	3,754	3,461	3,386
Total Debt	1,467	1,163	1,117	1,313	109.24	97.04
Net Cash (Debt)	-1,249	-913.88	-1,015	-1,241	-68.04	-47.83
Net Cash Per Share	-20.38	-14.96	-16.74	-20.64	-1.13	-0.80
Filing Date Shares Outstanding	60.71	60.53	60.34	60.19	60.03	60.03
Total Common Shares Outstanding	60.71	60.52	60.3	60.09	60.03	60.03
Working Capital	664.65	516.33	377.64	387.1	367.48	344.11
Book Value Per Share	34.85	29.23	26.66	22.47	40.99	-
Tangible Book Value	-531.24	-370.98	-480.47	-696.73	406.31	372.05
Tangible Book Value Per Share	-8.75	-6.13	-7.97	-11.59	6.77	-
Land	-	14.48	15.1	15.84	16.03	16.89
Buildings	-	176.08	178.68	164.47	172.84	169.67
Machinery	-	409.05	394.32	382.83	362.07	357.96

Source: S&P Global Market Intelligence. Standard template. Financial Sources.