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Side-by-side financial comparison of ESAB Corp (ESAB) and Park Hotels & Resorts Inc. (PK). Click either name above to swap in a different company.
ESAB Corp is the larger business by last-quarter revenue ($727.8M vs $630.0M, roughly 1.2× Park Hotels & Resorts Inc.). ESAB Corp runs the higher net margin — 7.5% vs 1.9%, a 5.6% gap on every dollar of revenue. On growth, ESAB Corp posted the faster year-over-year revenue change (8.5% vs -1.3%). Over the past eight quarters, ESAB Corp's revenue compounded faster (2.8% CAGR vs -4.2%).
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
Park Hotels & Resorts is an American real estate investment trust (REIT) focused on hotel properties, based in Tysons, Virginia. It was formed in 2017 as a spin-off from Hilton Worldwide.
ESAB vs PK — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $727.8M | $630.0M |
| Net Profit | $54.8M | $12.0M |
| Gross Margin | 37.0% | — |
| Operating Margin | 14.6% | 9.8% |
| Net Margin | 7.5% | 1.9% |
| Revenue YoY | 8.5% | -1.3% |
| Net Profit YoY | 2.1% | 121.1% |
| EPS (diluted) | $0.90 | $0.05 |
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.
| Q1 26 | — | $630.0M | ||
| Q4 25 | $727.8M | $629.0M | ||
| Q3 25 | $715.6M | $610.0M | ||
| Q2 25 | $678.1M | $672.0M | ||
| Q1 25 | — | $630.0M | ||
| Q4 24 | $670.8M | $625.0M | ||
| Q3 24 | $673.3M | $649.0M | ||
| Q2 24 | $707.1M | $686.0M |
| Q1 26 | — | $12.0M | ||
| Q4 25 | $54.8M | $-205.0M | ||
| Q3 25 | $66.9M | $-16.0M | ||
| Q2 25 | $67.4M | $-5.0M | ||
| Q1 25 | — | $-57.0M | ||
| Q4 24 | $53.7M | $66.0M | ||
| Q3 24 | $68.2M | $54.0M | ||
| Q2 24 | $82.9M | $64.0M |
| 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% | — |
| Q1 26 | — | 9.8% | ||
| Q4 25 | 14.6% | -26.1% | ||
| Q3 25 | 15.2% | 9.7% | ||
| Q2 25 | 16.2% | 9.7% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | 16.6% | 13.3% | ||
| Q3 24 | 15.7% | 14.6% | ||
| Q2 24 | 16.9% | 17.6% |
| Q1 26 | — | 1.9% | ||
| Q4 25 | 7.5% | -32.6% | ||
| Q3 25 | 9.3% | -2.6% | ||
| Q2 25 | 9.9% | -0.7% | ||
| Q1 25 | — | -9.0% | ||
| Q4 24 | 8.0% | 10.6% | ||
| Q3 24 | 10.1% | 8.3% | ||
| Q2 24 | 11.7% | 9.3% |
| Q1 26 | — | $0.05 | ||
| Q4 25 | $0.90 | $-1.04 | ||
| Q3 25 | $1.09 | $-0.08 | ||
| Q2 25 | $1.10 | $-0.02 | ||
| Q1 25 | — | $-0.29 | ||
| Q4 24 | $0.87 | $0.32 | ||
| Q3 24 | $1.11 | $0.26 | ||
| Q2 24 | $1.35 | $0.30 |
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 | $156.0M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $2.1B | $3.1B |
| Total Assets | $4.9B | — |
| Debt / EquityLower = less leverage | 0.63× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $156.0M | ||
| Q4 25 | $218.2M | $232.0M | ||
| Q3 25 | $258.2M | $278.0M | ||
| Q2 25 | $291.3M | $319.0M | ||
| Q1 25 | — | $233.0M | ||
| Q4 24 | $249.4M | $402.0M | ||
| Q3 24 | $253.7M | $480.0M | ||
| Q2 24 | $228.5M | $449.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $3.9B | ||
| Q3 25 | $1.1B | $3.9B | ||
| Q2 25 | $1.1B | $3.9B | ||
| Q1 25 | — | $3.9B | ||
| Q4 24 | $1.1B | $3.9B | ||
| Q3 24 | $1.1B | $3.9B | ||
| Q2 24 | $1.1B | $3.9B |
| Q1 26 | — | $3.1B | ||
| Q4 25 | $2.1B | $3.1B | ||
| Q3 25 | $2.1B | $3.4B | ||
| Q2 25 | $1.9B | $3.4B | ||
| Q1 25 | — | $3.5B | ||
| Q4 24 | $1.8B | $3.6B | ||
| Q3 24 | $1.8B | $3.8B | ||
| Q2 24 | $1.7B | $3.8B |
| Q1 26 | — | — | ||
| Q4 25 | $4.9B | $7.7B | ||
| Q3 25 | $4.4B | $8.8B | ||
| Q2 25 | $4.2B | $8.9B | ||
| Q1 25 | — | $8.9B | ||
| Q4 24 | $4.0B | $9.2B | ||
| Q3 24 | $4.1B | $9.2B | ||
| Q2 24 | $4.0B | $9.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.63× | 1.23× | ||
| Q3 25 | 0.51× | 1.14× | ||
| Q2 25 | 0.55× | 1.12× | ||
| Q1 25 | — | 1.11× | ||
| Q4 24 | 0.60× | 1.06× | ||
| Q3 24 | 0.59× | 1.03× | ||
| Q2 24 | 0.63× | 1.03× |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $81.5M | $105.0M | ||
| Q3 25 | $46.6M | $99.0M | ||
| Q2 25 | $35.4M | $108.0M | ||
| Q1 25 | — | $86.0M | ||
| Q4 24 | $126.9M | $80.0M | ||
| Q3 24 | $101.0M | $140.0M | ||
| Q2 24 | $83.0M | $117.0M |
| Q1 26 | — | — | ||
| Q4 25 | $70.3M | $-3.0M | ||
| Q3 25 | $37.4M | $31.0M | ||
| Q2 25 | $28.1M | $65.0M | ||
| Q1 25 | — | $9.0M | ||
| Q4 24 | $102.2M | $17.0M | ||
| Q3 24 | $90.4M | $97.0M | ||
| Q2 24 | $74.0M | $66.0M |
| Q1 26 | — | — | ||
| Q4 25 | 9.7% | -0.5% | ||
| Q3 25 | 5.2% | 5.1% | ||
| Q2 25 | 4.1% | 9.7% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | 15.2% | 2.7% | ||
| Q3 24 | 13.4% | 14.9% | ||
| Q2 24 | 10.5% | 9.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | 17.2% | ||
| Q3 25 | 1.3% | 11.1% | ||
| Q2 25 | 1.1% | 6.4% | ||
| Q1 25 | — | 12.2% | ||
| Q4 24 | 3.7% | 10.1% | ||
| Q3 24 | 1.6% | 6.6% | ||
| Q2 24 | 1.3% | 7.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.49× | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 0.53× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.36× | 1.21× | ||
| Q3 24 | 1.48× | 2.59× | ||
| Q2 24 | 1.00× | 1.83× |
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% |
PK
| Comparable Hotel Revenues | $617.0M | 98% |
| Other | $13.0M | 2% |
