Esab Debt-to-Equity Ratio Growth & History (ESAB)
Esab's debt-to-equity ratio was 0.62 for fiscal 2025.
View full Esab company overviewEsab annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.62 | −0.04 | −5.56% |
| 2024 | 2024-12-31 | 0.66 | −0.04 | −5.41% |
| 2023 | 2023-12-31 | 0.70 | −0.28 | −28.54% |
| 2022 | 2022-12-31 | 0.97 | 0.93 | +2091.23% |
| 2021 | 2021-12-31 | 0.04 | — | — |
Esab quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-07-03 | 1.00 | 0.44 | +77.43% |
| Q1 2026 | 2026-04-03 | 0.98 | 0.37 | +61.16% |
| Q4 2025 | 2025-12-31 | 0.62 | −0.04 | −5.56% |
| Q3 2025 | 2025-10-03 | 0.69 | 0.06 | +8.71% |
| Q2 2025 | 2025-07-04 | 0.56 | −0.12 | −17.85% |
| Q1 2025 | 2025-04-04 | 0.61 | −0.06 | −8.73% |
| Q4 2024 | 2024-12-31 | 0.66 | −0.04 | −5.41% |
| Q3 2024 | 2024-09-27 | 0.64 | −0.15 | −19.18% |
| Q2 2024 | 2024-06-28 | 0.69 | −0.15 | −17.79% |
| Q1 2024 | 2024-03-29 | 0.66 | −0.26 | −28.45% |
| Q4 2023 | 2023-12-31 | 0.70 | −0.28 | −28.54% |
| Q3 2023 | 2023-09-29 | 0.79 | −0.22 | −22.10% |
| Q2 2023 | 2023-06-30 | 0.83 | −0.20 | −19.47% |
| Q1 2023 | 2023-03-31 | 0.93 | 0.88 | +2034.12% |
| Q4 2022 | 2022-12-31 | 0.97 | 0.93 | +2091.23% |
| Q3 2022 | 2022-09-30 | 1.01 | — | — |
| Q2 2022 | 2022-07-01 | 1.04 | — | — |
| Q1 2022 | 2022-04-01 | 0.04 | — | — |
| Q4 2021 | 2021-12-31 | 0.04 | — | — |
Esab debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Esab's debt-to-equity ratio increased from 0.04 to 0.62, a change of 0.58. The latest reported quarter, Q2 2026, shows 1.00.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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