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Side-by-side financial comparison of ESAB Corp (ESAB) and Evercore Inc. (EVR). Click either name above to swap in a different company.

Evercore Inc. is the larger business by last-quarter revenue ($1.4B vs $727.8M, roughly 1.9× ESAB Corp). Evercore Inc. runs the higher net margin — 23.0% vs 7.5%, a 15.5% gap on every dollar of revenue. On growth, Evercore Inc. posted the faster year-over-year revenue change (100.3% vs 8.5%). Over the past eight quarters, Evercore Inc.'s revenue compounded faster (42.2% CAGR vs 2.8%).

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

Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. The firm has advised on over $4.7 trillion of merger, acquisition, and restructuring transactions since its founding.

ESAB vs EVR — Head-to-Head

Bigger by revenue
EVR
EVR
1.9× larger
EVR
$1.4B
$727.8M
ESAB
Growing faster (revenue YoY)
EVR
EVR
+91.8% gap
EVR
100.3%
8.5%
ESAB
Higher net margin
EVR
EVR
15.5% more per $
EVR
23.0%
7.5%
ESAB
Faster 2-yr revenue CAGR
EVR
EVR
Annualised
EVR
42.2%
2.8%
ESAB

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ESAB
ESAB
EVR
EVR
Revenue
$727.8M
$1.4B
Net Profit
$54.8M
$322.7M
Gross Margin
37.0%
Operating Margin
14.6%
Net Margin
7.5%
23.0%
Revenue YoY
8.5%
100.3%
Net Profit YoY
2.1%
106.1%
EPS (diluted)
$0.90
$7.20

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
ESAB
ESAB
EVR
EVR
Q1 26
$1.4B
Q4 25
$727.8M
$1.3B
Q3 25
$715.6M
$1.0B
Q2 25
$678.1M
$838.0M
Q1 25
$699.0M
Q4 24
$670.8M
$979.5M
Q3 24
$673.3M
$738.4M
Q2 24
$707.1M
$693.4M
Net Profit
ESAB
ESAB
EVR
EVR
Q1 26
$322.7M
Q4 25
$54.8M
$204.0M
Q3 25
$66.9M
$144.6M
Q2 25
$67.4M
$97.2M
Q1 25
$146.2M
Q4 24
$53.7M
$140.4M
Q3 24
$68.2M
$78.4M
Q2 24
$82.9M
$73.8M
Gross Margin
ESAB
ESAB
EVR
EVR
Q1 26
Q4 25
37.0%
Q3 25
37.2%
Q2 25
37.6%
Q1 25
Q4 24
38.5%
Q3 24
37.7%
Q2 24
38.2%
Operating Margin
ESAB
ESAB
EVR
EVR
Q1 26
Q4 25
14.6%
24.2%
Q3 25
15.2%
20.8%
Q2 25
16.2%
18.0%
Q1 25
16.0%
Q4 24
16.6%
21.8%
Q3 24
15.7%
16.7%
Q2 24
16.9%
15.9%
Net Margin
ESAB
ESAB
EVR
EVR
Q1 26
23.0%
Q4 25
7.5%
15.7%
Q3 25
9.3%
13.8%
Q2 25
9.9%
11.6%
Q1 25
20.9%
Q4 24
8.0%
14.3%
Q3 24
10.1%
10.6%
Q2 24
11.7%
10.6%
EPS (diluted)
ESAB
ESAB
EVR
EVR
Q1 26
$7.20
Q4 25
$0.90
$4.80
Q3 25
$1.09
$3.41
Q2 25
$1.10
$2.36
Q1 25
$3.48
Q4 24
$0.87
$3.32
Q3 24
$1.11
$1.86
Q2 24
$1.35
$1.81

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESAB
ESAB
EVR
EVR
Q1 26
Q4 25
$218.2M
$3.0B
Q3 25
$258.2M
$2.4B
Q2 25
$291.3M
$1.7B
Q1 25
$1.4B
Q4 24
$249.4M
$2.4B
Q3 24
$253.7M
$1.8B
Q2 24
$228.5M
$1.7B
Total Debt
ESAB
ESAB
EVR
EVR
Q1 26
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
Stockholders' Equity
ESAB
ESAB
EVR
EVR
Q1 26
Q4 25
$2.1B
$2.0B
Q3 25
$2.1B
$1.8B
Q2 25
$1.9B
$1.7B
Q1 25
$1.5B
Q4 24
$1.8B
$1.7B
Q3 24
$1.8B
$1.6B
Q2 24
$1.7B
$1.5B
Total Assets
ESAB
ESAB
EVR
EVR
Q1 26
Q4 25
$4.9B
$5.4B
Q3 25
$4.4B
$4.4B
Q2 25
$4.2B
$3.7B
Q1 25
$3.3B
Q4 24
$4.0B
$4.2B
Q3 24
$4.1B
$3.6B
Q2 24
$4.0B
$3.3B
Debt / Equity
ESAB
ESAB
EVR
EVR
Q1 26
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×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESAB
ESAB
EVR
EVR
Q1 26
Q4 25
$81.5M
$807.5M
Q3 25
$46.6M
$560.9M
Q2 25
$35.4M
$437.7M
Q1 25
$-549.7M
Q4 24
$126.9M
$686.4M
Q3 24
$101.0M
$234.5M
Q2 24
$83.0M
$348.5M
Free Cash Flow
ESAB
ESAB
EVR
EVR
Q1 26
Q4 25
$70.3M
$798.6M
Q3 25
$37.4M
$541.5M
Q2 25
$28.1M
$411.7M
Q1 25
$-569.3M
Q4 24
$102.2M
$673.1M
Q3 24
$90.4M
$226.6M
Q2 24
$74.0M
$340.7M
FCF Margin
ESAB
ESAB
EVR
EVR
Q1 26
Q4 25
9.7%
61.6%
Q3 25
5.2%
51.8%
Q2 25
4.1%
49.1%
Q1 25
-81.4%
Q4 24
15.2%
68.7%
Q3 24
13.4%
30.7%
Q2 24
10.5%
49.1%
Capex Intensity
ESAB
ESAB
EVR
EVR
Q1 26
Q4 25
1.5%
0.7%
Q3 25
1.3%
1.9%
Q2 25
1.1%
3.1%
Q1 25
2.8%
Q4 24
3.7%
1.4%
Q3 24
1.6%
1.1%
Q2 24
1.3%
1.1%
Cash Conversion
ESAB
ESAB
EVR
EVR
Q1 26
Q4 25
1.49×
3.96×
Q3 25
0.70×
3.88×
Q2 25
0.53×
4.50×
Q1 25
-3.76×
Q4 24
2.36×
4.89×
Q3 24
1.48×
2.99×
Q2 24
1.00×
4.72×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESAB
ESAB

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

EVR
EVR

Advisory Fees (1)$1.2B89%
Commissions and Related Revenue$62.7M4%
Underwriting Fees$55.1M4%
Asset Management and Administration Fees (2)$23.7M2%
Other Revenue, net$15.4M1%

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