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Side-by-side financial comparison of CARTERS INC (CRI) and ESAB Corp (ESAB). Click either name above to swap in a different company.
CARTERS INC is the larger business by last-quarter revenue ($757.8M vs $727.8M, roughly 1.0× ESAB Corp). ESAB Corp runs the higher net margin — 7.5% vs 1.5%, a 6.0% gap on every dollar of revenue. On growth, ESAB Corp posted the faster year-over-year revenue change (8.5% vs -0.1%). ESAB Corp produced more free cash flow last quarter ($70.3M vs $-144.1M).
Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
CRI vs ESAB — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $757.8M | $727.8M |
| Net Profit | $11.6M | $54.8M |
| Gross Margin | 45.1% | 37.0% |
| Operating Margin | 3.8% | 14.6% |
| Net Margin | 1.5% | 7.5% |
| Revenue YoY | -0.1% | 8.5% |
| Net Profit YoY | -80.1% | 2.1% |
| EPS (diluted) | $0.32 | $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.
| Q4 25 | — | $727.8M | ||
| Q3 25 | $757.8M | $715.6M | ||
| Q2 25 | $585.3M | $678.1M | ||
| Q1 25 | $629.8M | — | ||
| Q4 24 | — | $670.8M | ||
| Q3 24 | — | $673.3M | ||
| Q2 24 | — | $707.1M | ||
| Q1 24 | — | $689.7M |
| Q4 25 | — | $54.8M | ||
| Q3 25 | $11.6M | $66.9M | ||
| Q2 25 | $446.0K | $67.4M | ||
| Q1 25 | $15.5M | — | ||
| Q4 24 | — | $53.7M | ||
| Q3 24 | — | $68.2M | ||
| Q2 24 | — | $82.9M | ||
| Q1 24 | — | $60.0M |
| Q4 25 | — | 37.0% | ||
| Q3 25 | 45.1% | 37.2% | ||
| Q2 25 | 48.1% | 37.6% | ||
| Q1 25 | 46.2% | — | ||
| Q4 24 | — | 38.5% | ||
| Q3 24 | — | 37.7% | ||
| Q2 24 | — | 38.2% | ||
| Q1 24 | — | 37.0% |
| Q4 25 | — | 14.6% | ||
| Q3 25 | 3.8% | 15.2% | ||
| Q2 25 | 0.7% | 16.2% | ||
| Q1 25 | 4.1% | — | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | — | 15.7% | ||
| Q2 24 | — | 16.9% | ||
| Q1 24 | — | 16.0% |
| Q4 25 | — | 7.5% | ||
| Q3 25 | 1.5% | 9.3% | ||
| Q2 25 | 0.1% | 9.9% | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 10.1% | ||
| Q2 24 | — | 11.7% | ||
| Q1 24 | — | 8.7% |
| Q4 25 | — | $0.90 | ||
| Q3 25 | $0.32 | $1.09 | ||
| Q2 25 | $0.01 | $1.10 | ||
| Q1 25 | $0.43 | — | ||
| Q4 24 | — | $0.87 | ||
| Q3 24 | — | $1.11 | ||
| Q2 24 | — | $1.35 | ||
| Q1 24 | — | $0.98 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $184.2M | $218.2M |
| Total DebtLower is stronger | — | $1.3B |
| Stockholders' EquityBook value | $864.6M | $2.1B |
| Total Assets | $2.5B | $4.9B |
| Debt / EquityLower = less leverage | — | 0.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $218.2M | ||
| Q3 25 | $184.2M | $258.2M | ||
| Q2 25 | $338.2M | $291.3M | ||
| Q1 25 | $320.8M | — | ||
| Q4 24 | — | $249.4M | ||
| Q3 24 | — | $253.7M | ||
| Q2 24 | — | $228.5M | ||
| Q1 24 | — | $76.5M |
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $992.8M |
| Q4 25 | — | $2.1B | ||
| Q3 25 | $864.6M | $2.1B | ||
| Q2 25 | $853.9M | $1.9B | ||
| Q1 25 | $847.2M | — | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.6B |
| Q4 25 | — | $4.9B | ||
| Q3 25 | $2.5B | $4.4B | ||
| Q2 25 | $2.5B | $4.2B | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.0B | ||
| Q1 24 | — | $3.8B |
| Q4 25 | — | 0.63× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.55× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.59× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-128.0M | $81.5M |
| Free Cash FlowOCF − Capex | $-144.1M | $70.3M |
| FCF MarginFCF / Revenue | -19.0% | 9.7% |
| Capex IntensityCapex / Revenue | 2.1% | 1.5% |
| Cash ConversionOCF / Net Profit | -11.04× | 1.49× |
| TTM Free Cash FlowTrailing 4 quarters | — | $238.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $81.5M | ||
| Q3 25 | $-128.0M | $46.6M | ||
| Q2 25 | $40.3M | $35.4M | ||
| Q1 25 | $-48.6M | — | ||
| Q4 24 | — | $126.9M | ||
| Q3 24 | — | $101.0M | ||
| Q2 24 | — | $83.0M | ||
| Q1 24 | — | $44.5M |
| Q4 25 | — | $70.3M | ||
| Q3 25 | $-144.1M | $37.4M | ||
| Q2 25 | $24.1M | $28.1M | ||
| Q1 25 | $-59.0M | — | ||
| Q4 24 | — | $102.2M | ||
| Q3 24 | — | $90.4M | ||
| Q2 24 | — | $74.0M | ||
| Q1 24 | — | $37.1M |
| Q4 25 | — | 9.7% | ||
| Q3 25 | -19.0% | 5.2% | ||
| Q2 25 | 4.1% | 4.1% | ||
| Q1 25 | -9.4% | — | ||
| Q4 24 | — | 15.2% | ||
| Q3 24 | — | 13.4% | ||
| Q2 24 | — | 10.5% | ||
| Q1 24 | — | 5.4% |
| Q4 25 | — | 1.5% | ||
| Q3 25 | 2.1% | 1.3% | ||
| Q2 25 | 2.8% | 1.1% | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 1.1% |
| Q4 25 | — | 1.49× | ||
| Q3 25 | -11.04× | 0.70× | ||
| Q2 25 | 90.37× | 0.53× | ||
| Q1 25 | -3.13× | — | ||
| Q4 24 | — | 2.36× | ||
| Q3 24 | — | 1.48× | ||
| Q2 24 | — | 1.00× | ||
| Q1 24 | — | 0.74× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRI
| Sales Channel Directly To Consumer | $362.3M | 48% |
| Sales Channel Through Intermediary | $283.8M | 37% |
| Other | $110.4M | 15% |
| Gift Cards | $1.3M | 0% |
ESAB
| Consumable Products | $477.9M | 66% |
| Equipment Products | $249.9M | 34% |
