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Side-by-side financial comparison of ENTEGRIS INC (ENTG) and ESAB Corp (ESAB). Click either name above to swap in a different company.

ENTEGRIS INC is the larger business by last-quarter revenue ($823.9M vs $727.8M, roughly 1.1× ESAB Corp). ESAB Corp runs the higher net margin — 7.5% vs 6.0%, a 1.5% gap on every dollar of revenue. On growth, ESAB Corp posted the faster year-over-year revenue change (8.5% vs -3.1%). ENTEGRIS INC produced more free cash flow last quarter ($134.0M vs $70.3M). Over the past eight quarters, ENTEGRIS INC's revenue compounded faster (3.4% CAGR vs 2.8%).

Entegris, Inc. is a supplier of materials for the semiconductor and other high-tech industries. Entegris has approximately 8,000 employees throughout its global operations. It has manufacturing, customer service and/or research facilities in the United States, Canada, China, Germany, Israel, Japan, Malaysia, Singapore, South Korea, and Taiwan. The company’s corporate headquarters are in Billerica, Massachusetts.

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

ENTG vs ESAB — Head-to-Head

Bigger by revenue
ENTG
ENTG
1.1× larger
ENTG
$823.9M
$727.8M
ESAB
Growing faster (revenue YoY)
ESAB
ESAB
+11.6% gap
ESAB
8.5%
-3.1%
ENTG
Higher net margin
ESAB
ESAB
1.5% more per $
ESAB
7.5%
6.0%
ENTG
More free cash flow
ENTG
ENTG
$63.7M more FCF
ENTG
$134.0M
$70.3M
ESAB
Faster 2-yr revenue CAGR
ENTG
ENTG
Annualised
ENTG
3.4%
2.8%
ESAB

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ENTG
ENTG
ESAB
ESAB
Revenue
$823.9M
$727.8M
Net Profit
$49.4M
$54.8M
Gross Margin
43.8%
37.0%
Operating Margin
12.7%
14.6%
Net Margin
6.0%
7.5%
Revenue YoY
-3.1%
8.5%
Net Profit YoY
-51.7%
2.1%
EPS (diluted)
$0.33
$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
ENTG
ENTG
ESAB
ESAB
Q4 25
$823.9M
$727.8M
Q3 25
$807.1M
$715.6M
Q2 25
$792.4M
$678.1M
Q1 25
$773.2M
Q4 24
$849.8M
$670.8M
Q3 24
$807.7M
$673.3M
Q2 24
$812.7M
$707.1M
Q1 24
$771.0M
$689.7M
Net Profit
ENTG
ENTG
ESAB
ESAB
Q4 25
$49.4M
$54.8M
Q3 25
$70.5M
$66.9M
Q2 25
$52.8M
$67.4M
Q1 25
$62.9M
Q4 24
$102.2M
$53.7M
Q3 24
$77.6M
$68.2M
Q2 24
$67.7M
$82.9M
Q1 24
$45.3M
$60.0M
Gross Margin
ENTG
ENTG
ESAB
ESAB
Q4 25
43.8%
37.0%
Q3 25
43.5%
37.2%
Q2 25
44.4%
37.6%
Q1 25
46.1%
Q4 24
45.6%
38.5%
Q3 24
46.0%
37.7%
Q2 24
46.2%
38.2%
Q1 24
45.6%
37.0%
Operating Margin
ENTG
ENTG
ESAB
ESAB
Q4 25
12.7%
14.6%
Q3 25
15.2%
15.2%
Q2 25
13.4%
16.2%
Q1 25
15.8%
Q4 24
17.6%
16.6%
Q3 24
16.9%
15.7%
Q2 24
16.0%
16.9%
Q1 24
15.3%
16.0%
Net Margin
ENTG
ENTG
ESAB
ESAB
Q4 25
6.0%
7.5%
Q3 25
8.7%
9.3%
Q2 25
6.7%
9.9%
Q1 25
8.1%
Q4 24
12.0%
8.0%
Q3 24
9.6%
10.1%
Q2 24
8.3%
11.7%
Q1 24
5.9%
8.7%
EPS (diluted)
ENTG
ENTG
ESAB
ESAB
Q4 25
$0.33
$0.90
Q3 25
$0.46
$1.09
Q2 25
$0.35
$1.10
Q1 25
$0.41
Q4 24
$0.67
$0.87
Q3 24
$0.51
$1.11
Q2 24
$0.45
$1.35
Q1 24
$0.30
$0.98

Balance Sheet & Financial Strength

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

Metric
ENTG
ENTG
ESAB
ESAB
Cash + ST InvestmentsLiquidity on hand
$360.4M
$218.2M
Total DebtLower is stronger
$3.7B
$1.3B
Stockholders' EquityBook value
$4.0B
$2.1B
Total Assets
$8.4B
$4.9B
Debt / EquityLower = less leverage
0.94×
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENTG
ENTG
ESAB
ESAB
Q4 25
$360.4M
$218.2M
Q3 25
$399.8M
$258.2M
Q2 25
$376.8M
$291.3M
Q1 25
$340.9M
Q4 24
$329.2M
$249.4M
Q3 24
$432.1M
$253.7M
Q2 24
$320.0M
$228.5M
Q1 24
$340.7M
$76.5M
Total Debt
ENTG
ENTG
ESAB
ESAB
Q4 25
$3.7B
$1.3B
Q3 25
$3.8B
$1.1B
Q2 25
$4.0B
$1.1B
Q1 25
$4.0B
Q4 24
$4.0B
$1.1B
Q3 24
$4.1B
$1.1B
Q2 24
$4.1B
$1.1B
Q1 24
$4.2B
$992.8M
Stockholders' Equity
ENTG
ENTG
ESAB
ESAB
Q4 25
$4.0B
$2.1B
Q3 25
$3.9B
$2.1B
Q2 25
$3.8B
$1.9B
Q1 25
$3.7B
Q4 24
$3.7B
$1.8B
Q3 24
$3.6B
$1.8B
Q2 24
$3.5B
$1.7B
Q1 24
$3.4B
$1.6B
Total Assets
ENTG
ENTG
ESAB
ESAB
Q4 25
$8.4B
$4.9B
Q3 25
$8.4B
$4.4B
Q2 25
$8.4B
$4.2B
Q1 25
$8.4B
Q4 24
$8.4B
$4.0B
Q3 24
$8.5B
$4.1B
Q2 24
$8.3B
$4.0B
Q1 24
$8.4B
$3.8B
Debt / Equity
ENTG
ENTG
ESAB
ESAB
Q4 25
0.94×
0.63×
Q3 25
0.99×
0.51×
Q2 25
1.05×
0.55×
Q1 25
1.06×
Q4 24
1.08×
0.60×
Q3 24
1.15×
0.59×
Q2 24
1.18×
0.63×
Q1 24
1.22×
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
ENTG
ENTG
ESAB
ESAB
Operating Cash FlowLast quarter
$192.0M
$81.5M
Free Cash FlowOCF − Capex
$134.0M
$70.3M
FCF MarginFCF / Revenue
16.3%
9.7%
Capex IntensityCapex / Revenue
7.0%
1.5%
Cash ConversionOCF / Net Profit
3.89×
1.49×
TTM Free Cash FlowTrailing 4 quarters
$396.2M
$238.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENTG
ENTG
ESAB
ESAB
Q4 25
$192.0M
$81.5M
Q3 25
$249.5M
$46.6M
Q2 25
$113.5M
$35.4M
Q1 25
$140.4M
Q4 24
$176.1M
$126.9M
Q3 24
$197.2M
$101.0M
Q2 24
$111.2M
$83.0M
Q1 24
$147.2M
$44.5M
Free Cash Flow
ENTG
ENTG
ESAB
ESAB
Q4 25
$134.0M
$70.3M
Q3 25
$182.8M
$37.4M
Q2 25
$47.0M
$28.1M
Q1 25
$32.4M
Q4 24
$68.6M
$102.2M
Q3 24
$115.0M
$90.4M
Q2 24
$51.9M
$74.0M
Q1 24
$80.6M
$37.1M
FCF Margin
ENTG
ENTG
ESAB
ESAB
Q4 25
16.3%
9.7%
Q3 25
22.6%
5.2%
Q2 25
5.9%
4.1%
Q1 25
4.2%
Q4 24
8.1%
15.2%
Q3 24
14.2%
13.4%
Q2 24
6.4%
10.5%
Q1 24
10.4%
5.4%
Capex Intensity
ENTG
ENTG
ESAB
ESAB
Q4 25
7.0%
1.5%
Q3 25
8.3%
1.3%
Q2 25
8.4%
1.1%
Q1 25
14.0%
Q4 24
12.7%
3.7%
Q3 24
10.2%
1.6%
Q2 24
7.3%
1.3%
Q1 24
8.6%
1.1%
Cash Conversion
ENTG
ENTG
ESAB
ESAB
Q4 25
3.89×
1.49×
Q3 25
3.54×
0.70×
Q2 25
2.15×
0.53×
Q1 25
2.23×
Q4 24
1.72×
2.36×
Q3 24
2.54×
1.48×
Q2 24
1.64×
1.00×
Q1 24
3.25×
0.74×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ENTG
ENTG

Fabs$516.3M63%
Equipment And Engineering$121.8M15%
Chemical And Materials$83.8M10%
Other$61.7M7%
Non Semi$40.3M5%

ESAB
ESAB

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

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