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Side-by-side financial comparison of Bloomin' Brands, Inc. (BLMN) and ESAB Corp (ESAB). Click either name above to swap in a different company.

Bloomin' Brands, Inc. is the larger business by last-quarter revenue ($975.2M vs $727.8M, roughly 1.3× ESAB Corp). ESAB Corp runs the higher net margin — 7.5% vs -1.4%, a 8.9% gap on every dollar of revenue. On growth, ESAB Corp posted the faster year-over-year revenue change (8.5% vs 0.3%). ESAB Corp produced more free cash flow last quarter ($70.3M vs $63.7M). Over the past eight quarters, ESAB Corp's revenue compounded faster (2.8% CAGR vs -4.5%).

Bloomin' Brands, Inc. is a restaurant holding company that owns several American casual dining restaurant chains. The company was established in 1988 in Tampa, Florida, where it is headquartered.

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

BLMN vs ESAB — Head-to-Head

Bigger by revenue
BLMN
BLMN
1.3× larger
BLMN
$975.2M
$727.8M
ESAB
Growing faster (revenue YoY)
ESAB
ESAB
+8.2% gap
ESAB
8.5%
0.3%
BLMN
Higher net margin
ESAB
ESAB
8.9% more per $
ESAB
7.5%
-1.4%
BLMN
More free cash flow
ESAB
ESAB
$6.6M more FCF
ESAB
$70.3M
$63.7M
BLMN
Faster 2-yr revenue CAGR
ESAB
ESAB
Annualised
ESAB
2.8%
-4.5%
BLMN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BLMN
BLMN
ESAB
ESAB
Revenue
$975.2M
$727.8M
Net Profit
$-13.5M
$54.8M
Gross Margin
70.2%
37.0%
Operating Margin
-1.4%
14.6%
Net Margin
-1.4%
7.5%
Revenue YoY
0.3%
8.5%
Net Profit YoY
83.0%
2.1%
EPS (diluted)
$-0.16
$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
BLMN
BLMN
ESAB
ESAB
Q4 25
$975.2M
$727.8M
Q3 25
$928.8M
$715.6M
Q2 25
$1.0B
$678.1M
Q1 25
$1.0B
Q4 24
$972.0M
$670.8M
Q3 24
$910.0M
$673.3M
Q2 24
$999.4M
$707.1M
Q1 24
$1.1B
$689.7M
Net Profit
BLMN
BLMN
ESAB
ESAB
Q4 25
$-13.5M
$54.8M
Q3 25
$-45.9M
$66.9M
Q2 25
$25.4M
$67.4M
Q1 25
$42.2M
Q4 24
$-79.5M
$53.7M
Q3 24
$6.9M
$68.2M
Q2 24
$28.4M
$82.9M
Q1 24
$-83.9M
$60.0M
Gross Margin
BLMN
BLMN
ESAB
ESAB
Q4 25
70.2%
37.0%
Q3 25
70.4%
37.2%
Q2 25
70.2%
37.6%
Q1 25
70.1%
Q4 24
71.6%
38.5%
Q3 24
71.3%
37.7%
Q2 24
70.5%
38.2%
Q1 24
70.5%
37.0%
Operating Margin
BLMN
BLMN
ESAB
ESAB
Q4 25
-1.4%
14.6%
Q3 25
-3.9%
15.2%
Q2 25
3.0%
16.2%
Q1 25
5.5%
Q4 24
1.7%
16.6%
Q3 24
0.9%
15.7%
Q2 24
4.4%
16.9%
Q1 24
6.6%
16.0%
Net Margin
BLMN
BLMN
ESAB
ESAB
Q4 25
-1.4%
7.5%
Q3 25
-4.9%
9.3%
Q2 25
2.5%
9.9%
Q1 25
4.0%
Q4 24
-8.2%
8.0%
Q3 24
0.8%
10.1%
Q2 24
2.8%
11.7%
Q1 24
-7.8%
8.7%
EPS (diluted)
BLMN
BLMN
ESAB
ESAB
Q4 25
$-0.16
$0.90
Q3 25
$-0.54
$1.09
Q2 25
$0.30
$1.10
Q1 25
$0.50
Q4 24
$-0.93
$0.87
Q3 24
$0.08
$1.11
Q2 24
$0.32
$1.35
Q1 24
$-0.96
$0.98

Balance Sheet & Financial Strength

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

Metric
BLMN
BLMN
ESAB
ESAB
Cash + ST InvestmentsLiquidity on hand
$59.5M
$218.2M
Total DebtLower is stronger
$787.4M
$1.3B
Stockholders' EquityBook value
$333.6M
$2.1B
Total Assets
$3.2B
$4.9B
Debt / EquityLower = less leverage
2.36×
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLMN
BLMN
ESAB
ESAB
Q4 25
$59.5M
$218.2M
Q3 25
$66.5M
$258.2M
Q2 25
$50.3M
$291.3M
Q1 25
$57.7M
Q4 24
$70.1M
$249.4M
Q3 24
$83.6M
$253.7M
Q2 24
$117.9M
$228.5M
Q1 24
$131.7M
$76.5M
Total Debt
BLMN
BLMN
ESAB
ESAB
Q4 25
$787.4M
$1.3B
Q3 25
$962.2M
$1.1B
Q2 25
$917.1M
$1.1B
Q1 25
$917.6M
Q4 24
$1.0B
$1.1B
Q3 24
$1.1B
$1.1B
Q2 24
$1.0B
$1.1B
Q1 24
$951.8M
$992.8M
Stockholders' Equity
BLMN
BLMN
ESAB
ESAB
Q4 25
$333.6M
$2.1B
Q3 25
$344.1M
$2.1B
Q2 25
$397.2M
$1.9B
Q1 25
$380.6M
Q4 24
$135.5M
$1.8B
Q3 24
$242.1M
$1.8B
Q2 24
$286.8M
$1.7B
Q1 24
$302.7M
$1.6B
Total Assets
BLMN
BLMN
ESAB
ESAB
Q4 25
$3.2B
$4.9B
Q3 25
$3.3B
$4.4B
Q2 25
$3.3B
$4.2B
Q1 25
$3.3B
Q4 24
$3.4B
$4.0B
Q3 24
$3.4B
$4.1B
Q2 24
$3.4B
$4.0B
Q1 24
$3.4B
$3.8B
Debt / Equity
BLMN
BLMN
ESAB
ESAB
Q4 25
2.36×
0.63×
Q3 25
2.80×
0.51×
Q2 25
2.31×
0.55×
Q1 25
2.41×
Q4 24
7.58×
0.60×
Q3 24
4.51×
0.59×
Q2 24
3.49×
0.63×
Q1 24
3.14×
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
BLMN
BLMN
ESAB
ESAB
Operating Cash FlowLast quarter
$119.1M
$81.5M
Free Cash FlowOCF − Capex
$63.7M
$70.3M
FCF MarginFCF / Revenue
6.5%
9.7%
Capex IntensityCapex / Revenue
5.7%
1.5%
Cash ConversionOCF / Net Profit
1.49×
TTM Free Cash FlowTrailing 4 quarters
$96.8M
$238.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLMN
BLMN
ESAB
ESAB
Q4 25
$119.1M
$81.5M
Q3 25
$34.4M
$46.6M
Q2 25
$49.7M
$35.4M
Q1 25
$73.5M
Q4 24
$119.8M
$126.9M
Q3 24
$-7.8M
$101.0M
Q2 24
$42.4M
$83.0M
Q1 24
$73.8M
$44.5M
Free Cash Flow
BLMN
BLMN
ESAB
ESAB
Q4 25
$63.7M
$70.3M
Q3 25
$-5.7M
$37.4M
Q2 25
$11.1M
$28.1M
Q1 25
$27.7M
Q4 24
$66.7M
$102.2M
Q3 24
$-67.3M
$90.4M
Q2 24
$-12.1M
$74.0M
Q1 24
$20.0M
$37.1M
FCF Margin
BLMN
BLMN
ESAB
ESAB
Q4 25
6.5%
9.7%
Q3 25
-0.6%
5.2%
Q2 25
1.1%
4.1%
Q1 25
2.6%
Q4 24
6.9%
15.2%
Q3 24
-7.4%
13.4%
Q2 24
-1.2%
10.5%
Q1 24
1.9%
5.4%
Capex Intensity
BLMN
BLMN
ESAB
ESAB
Q4 25
5.7%
1.5%
Q3 25
4.3%
1.3%
Q2 25
3.8%
1.1%
Q1 25
4.4%
Q4 24
5.5%
3.7%
Q3 24
6.5%
1.6%
Q2 24
5.5%
1.3%
Q1 24
5.0%
1.1%
Cash Conversion
BLMN
BLMN
ESAB
ESAB
Q4 25
1.49×
Q3 25
0.70×
Q2 25
1.95×
0.53×
Q1 25
1.74×
Q4 24
2.36×
Q3 24
-1.13×
1.48×
Q2 24
1.49×
1.00×
Q1 24
0.74×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BLMN
BLMN

Food And Beverage$958.0M98%
Franchiseand Other Revenue$17.2M2%
International Franchise Segment$7.8M1%

ESAB
ESAB

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

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