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Side-by-side financial comparison of ESAB Corp (ESAB) and FinVolution Group (FINV). Click either name above to swap in a different company.

ESAB Corp is the larger business by last-quarter revenue ($727.8M vs $479.7M, roughly 1.5× FinVolution Group). FinVolution Group runs the higher net margin — 21.2% vs 7.5%, a 13.7% gap on every dollar of revenue. FinVolution Group produced more free cash flow last quarter ($70.6M vs $70.3M).

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

Volution Group plc is a manufacturer of ventilation equipment for commercial and residential customers. Based in Crawley, West Sussex, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

ESAB vs FINV — Head-to-Head

Bigger by revenue
ESAB
ESAB
1.5× larger
ESAB
$727.8M
$479.7M
FINV
Higher net margin
FINV
FINV
13.7% more per $
FINV
21.2%
7.5%
ESAB
More free cash flow
FINV
FINV
$317.0K more FCF
FINV
$70.6M
$70.3M
ESAB

Income Statement — Q3 FY2025 vs Q1 FY2025

Metric
ESAB
ESAB
FINV
FINV
Revenue
$727.8M
$479.7M
Net Profit
$54.8M
$101.7M
Gross Margin
37.0%
Operating Margin
14.6%
44.6%
Net Margin
7.5%
21.2%
Revenue YoY
8.5%
Net Profit YoY
2.1%
EPS (diluted)
$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
ESAB
ESAB
FINV
FINV
Q4 25
$727.8M
Q3 25
$715.6M
Q2 25
$678.1M
Q1 25
$479.7M
Q4 24
$670.8M
Q3 24
$673.3M
Q2 24
$707.1M
Q1 24
$689.7M
Net Profit
ESAB
ESAB
FINV
FINV
Q4 25
$54.8M
Q3 25
$66.9M
Q2 25
$67.4M
Q1 25
$101.7M
Q4 24
$53.7M
Q3 24
$68.2M
Q2 24
$82.9M
Q1 24
$60.0M
Gross Margin
ESAB
ESAB
FINV
FINV
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%
Q1 24
37.0%
Operating Margin
ESAB
ESAB
FINV
FINV
Q4 25
14.6%
Q3 25
15.2%
Q2 25
16.2%
Q1 25
44.6%
Q4 24
16.6%
Q3 24
15.7%
Q2 24
16.9%
Q1 24
16.0%
Net Margin
ESAB
ESAB
FINV
FINV
Q4 25
7.5%
Q3 25
9.3%
Q2 25
9.9%
Q1 25
21.2%
Q4 24
8.0%
Q3 24
10.1%
Q2 24
11.7%
Q1 24
8.7%
EPS (diluted)
ESAB
ESAB
FINV
FINV
Q4 25
$0.90
Q3 25
$1.09
Q2 25
$1.10
Q1 25
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
ESAB
ESAB
FINV
FINV
Cash + ST InvestmentsLiquidity on hand
$218.2M
$745.0M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$2.1B
Total Assets
$4.9B
$3.4B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESAB
ESAB
FINV
FINV
Q4 25
$218.2M
Q3 25
$258.2M
Q2 25
$291.3M
Q1 25
$745.0M
Q4 24
$249.4M
Q3 24
$253.7M
Q2 24
$228.5M
Q1 24
$76.5M
Total Debt
ESAB
ESAB
FINV
FINV
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
Stockholders' Equity
ESAB
ESAB
FINV
FINV
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$1.9B
Q1 25
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.7B
Q1 24
$1.6B
Total Assets
ESAB
ESAB
FINV
FINV
Q4 25
$4.9B
Q3 25
$4.4B
Q2 25
$4.2B
Q1 25
$3.4B
Q4 24
$4.0B
Q3 24
$4.1B
Q2 24
$4.0B
Q1 24
$3.8B
Debt / Equity
ESAB
ESAB
FINV
FINV
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
ESAB
ESAB
FINV
FINV
Operating Cash FlowLast quarter
$81.5M
$72.0M
Free Cash FlowOCF − Capex
$70.3M
$70.6M
FCF MarginFCF / Revenue
9.7%
14.7%
Capex IntensityCapex / Revenue
1.5%
0.3%
Cash ConversionOCF / Net Profit
1.49×
0.71×
TTM Free Cash FlowTrailing 4 quarters
$238.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESAB
ESAB
FINV
FINV
Q4 25
$81.5M
Q3 25
$46.6M
Q2 25
$35.4M
Q1 25
$72.0M
Q4 24
$126.9M
Q3 24
$101.0M
Q2 24
$83.0M
Q1 24
$44.5M
Free Cash Flow
ESAB
ESAB
FINV
FINV
Q4 25
$70.3M
Q3 25
$37.4M
Q2 25
$28.1M
Q1 25
$70.6M
Q4 24
$102.2M
Q3 24
$90.4M
Q2 24
$74.0M
Q1 24
$37.1M
FCF Margin
ESAB
ESAB
FINV
FINV
Q4 25
9.7%
Q3 25
5.2%
Q2 25
4.1%
Q1 25
14.7%
Q4 24
15.2%
Q3 24
13.4%
Q2 24
10.5%
Q1 24
5.4%
Capex Intensity
ESAB
ESAB
FINV
FINV
Q4 25
1.5%
Q3 25
1.3%
Q2 25
1.1%
Q1 25
0.3%
Q4 24
3.7%
Q3 24
1.6%
Q2 24
1.3%
Q1 24
1.1%
Cash Conversion
ESAB
ESAB
FINV
FINV
Q4 25
1.49×
Q3 25
0.70×
Q2 25
0.53×
Q1 25
0.71×
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

ESAB
ESAB

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

FINV
FINV

Segment breakdown not available.

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