E
ESAB
vs
S&P 500
S&P 500
Over the past 12 months, ESAB has underperformed S&P 500, delivering a return of -6% compared to the S&P 500's +14% growth.
Stocks Performance
ESAB vs S&P 500
Performance Gap
ESAB vs S&P 500
Performance By Year
ESAB vs S&P 500
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
ESAB Corp
Glance View
ESAB Corp., rooted in a rich history dating back to 1904, emerged as a formidable force in the welding and cutting industry. Originating in Gothenburg, Sweden, following the invention of the first coated welding electrode by its founder, Oscar Kjellberg, the company built its reputation on technological innovation and industrial reliability. From its humble beginnings, ESAB has evolved into a global powerhouse, expanding its reach across more than 80 countries. The company’s growth narrative is one characterized by a commitment to quality, fostering innovation, and strategic acquisitions that have bolstered its standing in the industry. At its core, ESAB thrives by designing and manufacturing welding and cutting equipment and consumables that cater to a wide array of industries, including automotive, construction, and energy. The company generates revenue through the sale of equipment used for both manual and automated welding and cutting processes. In addition, it supplies consumables—which are crucial in the welding process, such as electrodes and filler materials—that ensure a recurrent revenue stream. By focusing on enhancing productivity and efficiency through their products and solutions, ESAB not only sustains its business model but also drives its reputation as a trusted partner in challenging industrial applications worldwide.
