ESAB Corp
Close on Oct 19, 2026
- Market cap
- $3.98B
- P/E (TTM)
- 21.6
- Dividend yield
- 0.59%
About ESAB
General Industrial Machinery & Equipment, NEC, SIC 3569
ESAB Corporation develops, manufactures, and supplies fabrication technology equipment and consumables, including cutting, joining, and welding robotics, as well as gas control equipment. The company also offers automation, software, and digital workflow solutions across industries such as medical and specialty gas control. Its operations are organized into two reportable segments: the Americas and EMEA & APAC. ESAB sells its products to a broad industrial customer base through independent distributors and direct sales personnel.
Headquartered in North Bethesda, Maryland, ESAB serves customers in approximately 150 countries. The company operates manufacturing facilities across 16 countries outside the United States, in addition to its domestic facilities, and employs approximately 10,300 associates worldwide. Non-U.S. operations account for the majority of its sales and workforce.
Summary of the business section of ESAB's latest annual report, written by StockData.
Company profile
Company
- Legal name
- ESAB Corp
- Founded
- 1904
- Headquarters
- North Bethesda, MD
- Address
- 909 Rose Avenue, 8th Floor 20852
- Phone
- (302) 252-9160
- Website
- esabcorporation.com
- Employees
- 10,300, Dec 31, 2025
- Industry
- General Industrial Machinery & Equipment, NEC
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Tysons, Virginia
Stock & identifiers
- Ticker
- ESAB
- Exchange
- NYSE
- IPO date
- Nov 17, 2022
- Shares outstanding
- 62M, Jul 30, 2026
- Public float
- $7.61B, Jul 3, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1877322
- CUSIP
- 29605J106
- ISIN
- US29605J1060
- LEI
- 549300ZNV0SWBXEIWT04
- EIN
- 87-0923837
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Mitchell P. Rales | Executive Chair of Board, Director | 3,714,780 |
| Shyam Kambeyanda | President and CEO, Director | 124,944 |
| Ranjana N. Bhagwakar | EVP, Business Operations | – |
| R. Brent Jones | EVP, Chief Financial Officer | – |
| Curtis E. Jewell | SVP, General Counsel | 19,995 |
| Michele Campion | Chief Human Resources Officer | 16,108 |
| Olivier Biebuyck | President, Fab Tech | 21,740 |
| Julie Han | Controller, PAO | 497 |
| Renato Negro | Controller, PAO | 9,475 |
| Kevin J. Johnson | Chief Financial Officer | 28,706 |
| Vusa Mlingo | SVP, Strategy & Business Dev. | 11,675 |
| Eleanor Lukens | President, Americas | 7,699 |
| Rhonda L. Jordan | Director | 9,332 |
| Robert S. Lutz | Director | – |
| Didier P. Teirlinck | Director | 3,367 |
| Rajiv Vinnakota | Director | 9,379 |
| Melissa Cummings | Director | 686 |
| Stephanie M. Phillipps | Director | 969 |
| Sebastien Martin | Director | – |
| Patrick W. Allender | Director | 81,199 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Shyam P. Kambeyanda | $9.70M | $4.99M | $2.71M | $252 | $166 |
| FY2024 Shyam P. Kambeyanda | $7.98M | $19.52M | $2.19M | $270 | $147 |
| FY2023 Shyam P. Kambeyanda | $7.91M | $17.99M | $2.43M | $194 | $129 |
| FY2022 Shyam P. Kambeyanda | $9.51M | $9.39M | $2.59M | $105 | $98 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“ESAB is based in North Bethesda, Maryland and employs approximately 10,300 associates and serves customers in approximately 150 countries.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 2, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 17, 2022 | IPO | Initial public offering priced (424B4 prospectus) |
| Feb 22, 2022 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |