ESAB Corp Reports Q3 2026 Results with Core Sales Growth Driven by Acquisitions
ESAB Corp (ESAB) reported third-quarter core sales of $787 million, marking a 14% increase fueled largely by acquisitions and 2.3% organic growth. While the company saw significant margin expansion in adjusted gross margin to 40.2%, earnings per share (EPS) slightly declined to $1.30 from $1.32 in the prior year due to acquisition financing costs. Despite strong performance in segments like Equipment and Automation, management has lowered its full-year guidance for Adjusted EBITDA and EPS, citing persistent inflation and logistics headwinds. The company is currently managing a leverage ratio of 3.4x with plans to reduce this by year-end, while navigating regional economic volatility in South America.
Topics: acquisition impact EBITDA margin expansion revenue growth segment performance