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Side-by-side financial comparison of ESAB Corp (ESAB) and GUESS INC (GES). Click either name above to swap in a different company.
GUESS INC is the larger business by last-quarter revenue ($791.4M vs $727.8M, roughly 1.1× ESAB Corp). ESAB Corp runs the higher net margin — 7.5% vs 3.2%, a 4.3% gap on every dollar of revenue. On growth, ESAB Corp posted the faster year-over-year revenue change (8.5% vs 7.2%). ESAB Corp produced more free cash flow last quarter ($70.3M vs $-56.3M). Over the past eight quarters, ESAB Corp's revenue compounded faster (2.8% CAGR vs -5.8%).
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
Guess?, Inc. is an American clothing company, notable for its black-and-white advertisements. It licenses its brand on other fashion accessories, such as watches, jewelry, perfumes, bags and shoes.
ESAB vs GES — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $727.8M | $791.4M |
| Net Profit | $54.8M | $25.6M |
| Gross Margin | 37.0% | 42.5% |
| Operating Margin | 14.6% | 2.9% |
| Net Margin | 7.5% | 3.2% |
| Revenue YoY | 8.5% | 7.2% |
| Net Profit YoY | 2.1% | 209.6% |
| EPS (diluted) | $0.90 | $0.48 |
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 | $791.4M | ||
| Q3 25 | $715.6M | $772.9M | ||
| Q2 25 | $678.1M | $647.8M | ||
| Q1 25 | — | $932.3M | ||
| Q4 24 | $670.8M | $738.5M | ||
| Q3 24 | $673.3M | $732.6M | ||
| Q2 24 | $707.1M | $591.9M | ||
| Q1 24 | $689.7M | $891.0M |
| Q4 25 | $54.8M | $25.6M | ||
| Q3 25 | $66.9M | $6.2M | ||
| Q2 25 | $67.4M | $-32.9M | ||
| Q1 25 | — | $81.4M | ||
| Q4 24 | $53.7M | $-23.4M | ||
| Q3 24 | $68.2M | $-10.6M | ||
| Q2 24 | $82.9M | $13.0M | ||
| Q1 24 | $60.0M | $115.3M |
| Q4 25 | 37.0% | 42.5% | ||
| Q3 25 | 37.2% | 42.5% | ||
| Q2 25 | 37.6% | 39.9% | ||
| Q1 25 | — | 44.1% | ||
| Q4 24 | 38.5% | 43.6% | ||
| Q3 24 | 37.7% | 43.7% | ||
| Q2 24 | 38.2% | 41.9% | ||
| Q1 24 | 37.0% | 45.4% |
| Q4 25 | 14.6% | 2.9% | ||
| Q3 25 | 15.2% | 2.3% | ||
| Q2 25 | 16.2% | -5.1% | ||
| Q1 25 | — | 11.1% | ||
| Q4 24 | 16.6% | 5.7% | ||
| Q3 24 | 15.7% | 6.5% | ||
| Q2 24 | 16.9% | -3.4% | ||
| Q1 24 | 16.0% | 16.3% |
| Q4 25 | 7.5% | 3.2% | ||
| Q3 25 | 9.3% | 0.8% | ||
| Q2 25 | 9.9% | -5.1% | ||
| Q1 25 | — | 8.7% | ||
| Q4 24 | 8.0% | -3.2% | ||
| Q3 24 | 10.1% | -1.4% | ||
| Q2 24 | 11.7% | 2.2% | ||
| Q1 24 | 8.7% | 12.9% |
| Q4 25 | $0.90 | $0.48 | ||
| Q3 25 | $1.09 | $0.12 | ||
| Q2 25 | $1.10 | $-0.65 | ||
| Q1 25 | — | $1.29 | ||
| Q4 24 | $0.87 | $-0.47 | ||
| Q3 24 | $1.11 | $-0.28 | ||
| Q2 24 | $1.35 | $0.23 | ||
| Q1 24 | $0.98 | $1.90 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $218.2M | $154.2M |
| Total DebtLower is stronger | $1.3B | $299.5M |
| Stockholders' EquityBook value | $2.1B | $508.5M |
| Total Assets | $4.9B | $3.0B |
| Debt / EquityLower = less leverage | 0.63× | 0.59× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $218.2M | $154.2M | ||
| Q3 25 | $258.2M | $189.6M | ||
| Q2 25 | $291.3M | $151.2M | ||
| Q1 25 | — | $187.7M | ||
| Q4 24 | $249.4M | $140.9M | ||
| Q3 24 | $253.7M | $218.9M | ||
| Q2 24 | $228.5M | $241.7M | ||
| Q1 24 | $76.5M | $360.3M |
| Q4 25 | $1.3B | $299.5M | ||
| Q3 25 | $1.1B | $258.4M | ||
| Q2 25 | $1.1B | $241.7M | ||
| Q1 25 | — | $150.7M | ||
| Q4 24 | $1.1B | $238.3M | ||
| Q3 24 | $1.1B | $187.8M | ||
| Q2 24 | $1.1B | $196.9M | ||
| Q1 24 | $992.8M | $28.2M |
| Q4 25 | $2.1B | $508.5M | ||
| Q3 25 | $2.1B | $487.6M | ||
| Q2 25 | $1.9B | $483.6M | ||
| Q1 25 | — | $505.0M | ||
| Q4 24 | $1.8B | $450.7M | ||
| Q3 24 | $1.8B | $491.2M | ||
| Q2 24 | $1.7B | $565.5M | ||
| Q1 24 | $1.6B | $684.9M |
| Q4 25 | $4.9B | $3.0B | ||
| Q3 25 | $4.4B | $3.0B | ||
| Q2 25 | $4.2B | $2.9B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | $4.0B | $2.8B | ||
| Q3 24 | $4.1B | $2.8B | ||
| Q2 24 | $4.0B | $2.7B | ||
| Q1 24 | $3.8B | $2.6B |
| Q4 25 | 0.63× | 0.59× | ||
| Q3 25 | 0.51× | 0.53× | ||
| Q2 25 | 0.55× | 0.50× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | 0.60× | 0.53× | ||
| Q3 24 | 0.59× | 0.38× | ||
| Q2 24 | 0.63× | 0.35× | ||
| Q1 24 | 0.61× | 0.04× |
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 | $81.5M | $-39.5M |
| Free Cash FlowOCF − Capex | $70.3M | $-56.3M |
| FCF MarginFCF / Revenue | 9.7% | -7.1% |
| Capex IntensityCapex / Revenue | 1.5% | 2.1% |
| Cash ConversionOCF / Net Profit | 1.49× | -1.54× |
| TTM Free Cash FlowTrailing 4 quarters | $238.0M | $62.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $81.5M | $-39.5M | ||
| Q3 25 | $46.6M | $74.9M | ||
| Q2 25 | $35.4M | $-73.4M | ||
| Q1 25 | — | $183.2M | ||
| Q4 24 | $126.9M | $-83.3M | ||
| Q3 24 | $101.0M | $44.7M | ||
| Q2 24 | $83.0M | $-22.9M | ||
| Q1 24 | $44.5M | $289.5M |
| Q4 25 | $70.3M | $-56.3M | ||
| Q3 25 | $37.4M | $53.4M | ||
| Q2 25 | $28.1M | $-95.3M | ||
| Q1 25 | — | $160.7M | ||
| Q4 24 | $102.2M | $-105.4M | ||
| Q3 24 | $90.4M | $24.3M | ||
| Q2 24 | $74.0M | $-44.0M | ||
| Q1 24 | $37.1M | $267.8M |
| Q4 25 | 9.7% | -7.1% | ||
| Q3 25 | 5.2% | 6.9% | ||
| Q2 25 | 4.1% | -14.7% | ||
| Q1 25 | — | 17.2% | ||
| Q4 24 | 15.2% | -14.3% | ||
| Q3 24 | 13.4% | 3.3% | ||
| Q2 24 | 10.5% | -7.4% | ||
| Q1 24 | 5.4% | 30.1% |
| Q4 25 | 1.5% | 2.1% | ||
| Q3 25 | 1.3% | 2.8% | ||
| Q2 25 | 1.1% | 3.4% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | 3.7% | 3.0% | ||
| Q3 24 | 1.6% | 2.8% | ||
| Q2 24 | 1.3% | 3.6% | ||
| Q1 24 | 1.1% | 2.4% |
| Q4 25 | 1.49× | -1.54× | ||
| Q3 25 | 0.70× | 12.00× | ||
| Q2 25 | 0.53× | — | ||
| Q1 25 | — | 2.25× | ||
| Q4 24 | 2.36× | — | ||
| Q3 24 | 1.48× | — | ||
| Q2 24 | 1.00× | -1.76× | ||
| Q1 24 | 0.74× | 2.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESAB
| Consumable Products | $477.9M | 66% |
| Equipment Products | $249.9M | 34% |
GES
| Products | $760.3M | 96% |
| Royalty | $31.1M | 4% |
