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

Fortune Brands Innovations, Inc. is the larger business by last-quarter revenue ($1.1B vs $745.6M, roughly 1.4× ESAB Corp). Fortune Brands Innovations, Inc. runs the higher net margin — 7.1% vs 6.6%, a 0.5% gap on every dollar of revenue. On growth, ESAB Corp posted the faster year-over-year revenue change (9.9% vs -2.4%). Over the past eight quarters, ESAB Corp's revenue compounded faster (4.0% CAGR vs -1.5%).

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

Fortune Brands Innovations, Inc. is an American manufacturer of home and security products, headquartered in Deerfield, Illinois. Its portfolio of businesses and brands includes Moen and the House of Rohl; outdoor living and security products from Therma-Tru, Larson, Fiberon, Master Lock and SentrySafe; and MasterBrand Cabinets. Fortune Brands is a Fortune 500 company and part of the S&P 400 Index. As of December 31, 2021, the company reported employing approximately 28,000 associates and pos...

ESAB vs FBIN — Head-to-Head

Bigger by revenue
FBIN
FBIN
1.4× larger
FBIN
$1.1B
$745.6M
ESAB
Growing faster (revenue YoY)
ESAB
ESAB
+12.3% gap
ESAB
9.9%
-2.4%
FBIN
Higher net margin
FBIN
FBIN
0.5% more per $
FBIN
7.1%
6.6%
ESAB
Faster 2-yr revenue CAGR
ESAB
ESAB
Annualised
ESAB
4.0%
-1.5%
FBIN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ESAB
ESAB
FBIN
FBIN
Revenue
$745.6M
$1.1B
Net Profit
$49.2M
$76.3M
Gross Margin
36.9%
43.8%
Operating Margin
12.1%
11.3%
Net Margin
6.6%
7.1%
Revenue YoY
9.9%
-2.4%
Net Profit YoY
-29.3%
-27.3%
EPS (diluted)
$0.78
$0.63

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
FBIN
FBIN
Q1 26
$745.6M
Q4 25
$727.8M
$1.1B
Q3 25
$715.6M
$1.1B
Q2 25
$678.1M
$1.2B
Q1 25
$1.0B
Q4 24
$670.8M
$1.1B
Q3 24
$673.3M
$1.2B
Q2 24
$707.1M
$1.2B
Net Profit
ESAB
ESAB
FBIN
FBIN
Q1 26
$49.2M
Q4 25
$54.8M
$76.3M
Q3 25
$66.9M
$70.8M
Q2 25
$67.4M
$100.3M
Q1 25
$51.4M
Q4 24
$53.7M
$105.0M
Q3 24
$68.2M
$136.6M
Q2 24
$82.9M
$133.9M
Gross Margin
ESAB
ESAB
FBIN
FBIN
Q1 26
36.9%
Q4 25
37.0%
43.8%
Q3 25
37.2%
45.2%
Q2 25
37.6%
45.1%
Q1 25
44.0%
Q4 24
38.5%
46.0%
Q3 24
37.7%
45.9%
Q2 24
38.2%
43.6%
Operating Margin
ESAB
ESAB
FBIN
FBIN
Q1 26
12.1%
Q4 25
14.6%
11.3%
Q3 25
15.2%
11.0%
Q2 25
16.2%
14.3%
Q1 25
9.4%
Q4 24
16.6%
16.1%
Q3 24
15.7%
17.8%
Q2 24
16.9%
16.1%
Net Margin
ESAB
ESAB
FBIN
FBIN
Q1 26
6.6%
Q4 25
7.5%
7.1%
Q3 25
9.3%
6.2%
Q2 25
9.9%
8.3%
Q1 25
5.0%
Q4 24
8.0%
9.5%
Q3 24
10.1%
11.8%
Q2 24
11.7%
10.8%
EPS (diluted)
ESAB
ESAB
FBIN
FBIN
Q1 26
$0.78
Q4 25
$0.90
$0.63
Q3 25
$1.09
$0.59
Q2 25
$1.10
$0.83
Q1 25
$0.42
Q4 24
$0.87
$0.84
Q3 24
$1.11
$1.09
Q2 24
$1.35
$1.06

Balance Sheet & Financial Strength

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

Metric
ESAB
ESAB
FBIN
FBIN
Cash + ST InvestmentsLiquidity on hand
$1.0B
$264.0M
Total DebtLower is stronger
$2.0B
$2.5B
Stockholders' EquityBook value
$2.2B
$2.4B
Total Assets
$5.6B
$6.5B
Debt / EquityLower = less leverage
0.91×
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESAB
ESAB
FBIN
FBIN
Q1 26
$1.0B
Q4 25
$218.2M
$264.0M
Q3 25
$258.2M
$223.9M
Q2 25
$291.3M
$234.7M
Q1 25
$340.0M
Q4 24
$249.4M
$381.1M
Q3 24
$253.7M
$344.8M
Q2 24
$228.5M
$352.6M
Total Debt
ESAB
ESAB
FBIN
FBIN
Q1 26
$2.0B
Q4 25
$1.3B
$2.5B
Q3 25
$1.1B
$2.2B
Q2 25
$1.1B
$2.2B
Q1 25
$2.7B
Q4 24
$1.1B
$2.7B
Q3 24
$1.1B
$2.7B
Q2 24
$1.1B
$2.7B
Stockholders' Equity
ESAB
ESAB
FBIN
FBIN
Q1 26
$2.2B
Q4 25
$2.1B
$2.4B
Q3 25
$2.1B
$2.4B
Q2 25
$1.9B
$2.3B
Q1 25
$2.3B
Q4 24
$1.8B
$2.4B
Q3 24
$1.8B
$2.4B
Q2 24
$1.7B
$2.3B
Total Assets
ESAB
ESAB
FBIN
FBIN
Q1 26
$5.6B
Q4 25
$4.9B
$6.5B
Q3 25
$4.4B
$6.5B
Q2 25
$4.2B
$6.6B
Q1 25
$6.6B
Q4 24
$4.0B
$6.6B
Q3 24
$4.1B
$6.6B
Q2 24
$4.0B
$6.7B
Debt / Equity
ESAB
ESAB
FBIN
FBIN
Q1 26
0.91×
Q4 25
0.63×
1.07×
Q3 25
0.51×
0.91×
Q2 25
0.55×
0.93×
Q1 25
1.16×
Q4 24
0.60×
1.10×
Q3 24
0.59×
1.12×
Q2 24
0.63×
1.15×

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
FBIN
FBIN
Operating Cash FlowLast quarter
$46.9M
$208.2M
Free Cash FlowOCF − Capex
$183.7M
FCF MarginFCF / Revenue
17.0%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
0.95×
2.73×
TTM Free Cash FlowTrailing 4 quarters
$366.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESAB
ESAB
FBIN
FBIN
Q1 26
$46.9M
Q4 25
$81.5M
$208.2M
Q3 25
$46.6M
$204.4M
Q2 25
$35.4M
$149.4M
Q1 25
$-83.4M
Q4 24
$126.9M
$272.3M
Q3 24
$101.0M
$205.3M
Q2 24
$83.0M
$261.5M
Free Cash Flow
ESAB
ESAB
FBIN
FBIN
Q1 26
Q4 25
$70.3M
$183.7M
Q3 25
$37.4M
$177.0M
Q2 25
$28.1M
$118.7M
Q1 25
$-112.6M
Q4 24
$102.2M
$212.1M
Q3 24
$90.4M
$175.6M
Q2 24
$74.0M
$222.7M
FCF Margin
ESAB
ESAB
FBIN
FBIN
Q1 26
Q4 25
9.7%
17.0%
Q3 25
5.2%
15.4%
Q2 25
4.1%
9.9%
Q1 25
-10.9%
Q4 24
15.2%
19.2%
Q3 24
13.4%
15.2%
Q2 24
10.5%
18.0%
Capex Intensity
ESAB
ESAB
FBIN
FBIN
Q1 26
Q4 25
1.5%
2.3%
Q3 25
1.3%
2.4%
Q2 25
1.1%
2.6%
Q1 25
2.8%
Q4 24
3.7%
5.5%
Q3 24
1.6%
2.6%
Q2 24
1.3%
3.1%
Cash Conversion
ESAB
ESAB
FBIN
FBIN
Q1 26
0.95×
Q4 25
1.49×
2.73×
Q3 25
0.70×
2.89×
Q2 25
0.53×
1.49×
Q1 25
-1.62×
Q4 24
2.36×
2.59×
Q3 24
1.48×
1.50×
Q2 24
1.00×
1.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESAB
ESAB

Segment breakdown not available.

FBIN
FBIN

Wholesale Retail Trade$526.7M49%
Home Center Retailer$257.1M24%
Security Segment$165.8M15%
Other Retailer$118.2M11%

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