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Side-by-side financial comparison of Albemarle Corporation (ALB) and ESAB Corp (ESAB). Click either name above to swap in a different company.

Albemarle Corporation is the larger business by last-quarter revenue ($1.4B vs $727.8M, roughly 2.0× ESAB Corp). ESAB Corp runs the higher net margin — 7.5% vs -29.0%, a 36.5% gap on every dollar of revenue. On growth, Albemarle Corporation posted the faster year-over-year revenue change (15.9% vs 8.5%). Albemarle Corporation produced more free cash flow last quarter ($233.1M vs $70.3M). Over the past eight quarters, ESAB Corp's revenue compounded faster (2.8% CAGR vs 2.4%).

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers...

ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.

ALB vs ESAB — Head-to-Head

Bigger by revenue
ALB
ALB
2.0× larger
ALB
$1.4B
$727.8M
ESAB
Growing faster (revenue YoY)
ALB
ALB
+7.4% gap
ALB
15.9%
8.5%
ESAB
Higher net margin
ESAB
ESAB
36.5% more per $
ESAB
7.5%
-29.0%
ALB
More free cash flow
ALB
ALB
$162.8M more FCF
ALB
$233.1M
$70.3M
ESAB
Faster 2-yr revenue CAGR
ESAB
ESAB
Annualised
ESAB
2.8%
2.4%
ALB

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ALB
ALB
ESAB
ESAB
Revenue
$1.4B
$727.8M
Net Profit
$-414.2M
$54.8M
Gross Margin
13.9%
37.0%
Operating Margin
-15.2%
14.6%
Net Margin
-29.0%
7.5%
Revenue YoY
15.9%
8.5%
Net Profit YoY
-650.1%
2.1%
EPS (diluted)
$-3.88
$0.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALB
ALB
ESAB
ESAB
Q4 25
$1.4B
$727.8M
Q3 25
$1.3B
$715.6M
Q2 25
$1.3B
$678.1M
Q1 25
$1.1B
Q4 24
$1.2B
$670.8M
Q3 24
$1.4B
$673.3M
Q2 24
$1.4B
$707.1M
Q1 24
$1.4B
$689.7M
Net Profit
ALB
ALB
ESAB
ESAB
Q4 25
$-414.2M
$54.8M
Q3 25
$-160.7M
$66.9M
Q2 25
$22.9M
$67.4M
Q1 25
$41.3M
Q4 24
$75.3M
$53.7M
Q3 24
$-1.1B
$68.2M
Q2 24
$-188.2M
$82.9M
Q1 24
$2.4M
$60.0M
Gross Margin
ALB
ALB
ESAB
ESAB
Q4 25
13.9%
37.0%
Q3 25
9.0%
37.2%
Q2 25
14.8%
37.6%
Q1 25
14.5%
Q4 24
11.2%
38.5%
Q3 24
-7.7%
37.7%
Q2 24
-0.7%
38.2%
Q1 24
2.9%
37.0%
Operating Margin
ALB
ALB
ESAB
ESAB
Q4 25
-15.2%
14.6%
Q3 25
-16.6%
15.2%
Q2 25
3.6%
16.2%
Q1 25
1.8%
Q4 24
0.4%
16.6%
Q3 24
-81.9%
15.7%
Q2 24
-34.4%
16.9%
Q1 24
-13.2%
16.0%
Net Margin
ALB
ALB
ESAB
ESAB
Q4 25
-29.0%
7.5%
Q3 25
-12.3%
9.3%
Q2 25
1.7%
9.9%
Q1 25
3.8%
Q4 24
6.1%
8.0%
Q3 24
-78.9%
10.1%
Q2 24
-13.2%
11.7%
Q1 24
0.2%
8.7%
EPS (diluted)
ALB
ALB
ESAB
ESAB
Q4 25
$-3.88
$0.90
Q3 25
$-1.72
$1.09
Q2 25
$-0.16
$1.10
Q1 25
$0.00
Q4 24
$0.29
$0.87
Q3 24
$-9.45
$1.11
Q2 24
$-1.96
$1.35
Q1 24
$-0.08
$0.98

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALB
ALB
ESAB
ESAB
Cash + ST InvestmentsLiquidity on hand
$218.2M
Total DebtLower is stronger
$3.2B
$1.3B
Stockholders' EquityBook value
$9.5B
$2.1B
Total Assets
$16.4B
$4.9B
Debt / EquityLower = less leverage
0.33×
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALB
ALB
ESAB
ESAB
Q4 25
$218.2M
Q3 25
$1.9B
$258.2M
Q2 25
$1.8B
$291.3M
Q1 25
$1.5B
Q4 24
$1.2B
$249.4M
Q3 24
$1.7B
$253.7M
Q2 24
$1.8B
$228.5M
Q1 24
$2.1B
$76.5M
Total Debt
ALB
ALB
ESAB
ESAB
Q4 25
$3.2B
$1.3B
Q3 25
$3.6B
$1.1B
Q2 25
$3.6B
$1.1B
Q1 25
$3.5B
Q4 24
$3.5B
$1.1B
Q3 24
$3.6B
$1.1B
Q2 24
$3.5B
$1.1B
Q1 24
$3.5B
$992.8M
Stockholders' Equity
ALB
ALB
ESAB
ESAB
Q4 25
$9.5B
$2.1B
Q3 25
$10.0B
$2.1B
Q2 25
$10.2B
$1.9B
Q1 25
$10.0B
Q4 24
$10.0B
$1.8B
Q3 24
$10.2B
$1.8B
Q2 24
$11.2B
$1.7B
Q1 24
$11.5B
$1.6B
Total Assets
ALB
ALB
ESAB
ESAB
Q4 25
$16.4B
$4.9B
Q3 25
$17.1B
$4.4B
Q2 25
$17.3B
$4.2B
Q1 25
$17.0B
Q4 24
$16.6B
$4.0B
Q3 24
$17.5B
$4.1B
Q2 24
$18.4B
$4.0B
Q1 24
$19.0B
$3.8B
Debt / Equity
ALB
ALB
ESAB
ESAB
Q4 25
0.33×
0.63×
Q3 25
0.36×
0.51×
Q2 25
0.35×
0.55×
Q1 25
0.35×
Q4 24
0.35×
0.60×
Q3 24
0.35×
0.59×
Q2 24
0.31×
0.63×
Q1 24
0.31×
0.61×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALB
ALB
ESAB
ESAB
Operating Cash FlowLast quarter
$388.5M
$81.5M
Free Cash FlowOCF − Capex
$233.1M
$70.3M
FCF MarginFCF / Revenue
16.3%
9.7%
Capex IntensityCapex / Revenue
10.9%
1.5%
Cash ConversionOCF / Net Profit
1.49×
TTM Free Cash FlowTrailing 4 quarters
$692.5M
$238.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALB
ALB
ESAB
ESAB
Q4 25
$388.5M
$81.5M
Q3 25
$355.6M
$46.6M
Q2 25
$-7.2M
$35.4M
Q1 25
$545.4M
Q4 24
$674.0K
$126.9M
Q3 24
$240.5M
$101.0M
Q2 24
$362.9M
$83.0M
Q1 24
$98.0M
$44.5M
Free Cash Flow
ALB
ALB
ESAB
ESAB
Q4 25
$233.1M
$70.3M
Q3 25
$223.4M
$37.4M
Q2 25
$-126.8M
$28.1M
Q1 25
$362.8M
Q4 24
$-355.1M
$102.2M
Q3 24
$-62.6M
$90.4M
Q2 24
$-84.7M
$74.0M
Q1 24
$-481.4M
$37.1M
FCF Margin
ALB
ALB
ESAB
ESAB
Q4 25
16.3%
9.7%
Q3 25
17.1%
5.2%
Q2 25
-9.5%
4.1%
Q1 25
33.7%
Q4 24
-28.8%
15.2%
Q3 24
-4.6%
13.4%
Q2 24
-5.9%
10.5%
Q1 24
-35.4%
5.4%
Capex Intensity
ALB
ALB
ESAB
ESAB
Q4 25
10.9%
1.5%
Q3 25
10.1%
1.3%
Q2 25
9.0%
1.1%
Q1 25
17.0%
Q4 24
28.9%
3.7%
Q3 24
22.4%
1.6%
Q2 24
31.3%
1.3%
Q1 24
42.6%
1.1%
Cash Conversion
ALB
ALB
ESAB
ESAB
Q4 25
1.49×
Q3 25
0.70×
Q2 25
-0.31×
0.53×
Q1 25
13.19×
Q4 24
0.01×
2.36×
Q3 24
1.48×
Q2 24
1.00×
Q1 24
40.01×
0.74×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALB
ALB

Energy Storage$759.1M53%
Specialties$348.9M24%
Ketjen$320.1M22%

ESAB
ESAB

Consumable Products$477.9M66%
Equipment Products$249.9M34%

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