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Side-by-side financial comparison of ESAB Corp (ESAB) and REGAL REXNORD CORP (RRX). Click either name above to swap in a different company.
REGAL REXNORD CORP is the larger business by last-quarter revenue ($1.5B vs $727.8M, roughly 2.1× ESAB Corp). ESAB Corp runs the higher net margin — 7.5% vs 4.2%, a 3.4% gap on every dollar of revenue. On growth, ESAB Corp posted the faster year-over-year revenue change (8.5% vs 4.3%). REGAL REXNORD CORP produced more free cash flow last quarter ($140.6M vs $70.3M). Over the past eight quarters, ESAB Corp's revenue compounded faster (2.8% CAGR vs -0.8%).
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
Regal Rexnord Corporation is a manufacturer of electric motors and power transmission components based in Milwaukee, Wisconsin. The company has manufacturing, sales, and service facilities throughout the United States, Canada, Mexico, Europe, and Asia, with about 29,000 employees.
ESAB vs RRX — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $727.8M | $1.5B |
| Net Profit | $54.8M | $63.4M |
| Gross Margin | 37.0% | 37.5% |
| Operating Margin | 14.6% | 10.8% |
| Net Margin | 7.5% | 4.2% |
| Revenue YoY | 8.5% | 4.3% |
| Net Profit YoY | 2.1% | 53.9% |
| EPS (diluted) | $0.90 | $0.95 |
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 | $1.5B | ||
| Q3 25 | $715.6M | $1.5B | ||
| Q2 25 | $678.1M | $1.5B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $670.8M | $1.5B | ||
| Q3 24 | $673.3M | $1.5B | ||
| Q2 24 | $707.1M | $1.5B | ||
| Q1 24 | $689.7M | $1.5B |
| Q4 25 | $54.8M | $63.4M | ||
| Q3 25 | $66.9M | $79.6M | ||
| Q2 25 | $67.4M | $79.2M | ||
| Q1 25 | — | $57.3M | ||
| Q4 24 | $53.7M | $41.2M | ||
| Q3 24 | $68.2M | $72.7M | ||
| Q2 24 | $82.9M | $62.5M | ||
| Q1 24 | $60.0M | $19.8M |
| Q4 25 | 37.0% | 37.5% | ||
| Q3 25 | 37.2% | 37.0% | ||
| Q2 25 | 37.6% | 37.7% | ||
| Q1 25 | — | 37.2% | ||
| Q4 24 | 38.5% | 34.9% | ||
| Q3 24 | 37.7% | 37.7% | ||
| Q2 24 | 38.2% | 36.9% | ||
| Q1 24 | 37.0% | 35.7% |
| Q4 25 | 14.6% | 10.8% | ||
| Q3 25 | 15.2% | 11.6% | ||
| Q2 25 | 16.2% | 12.2% | ||
| Q1 25 | — | 11.3% | ||
| Q4 24 | 16.6% | 8.8% | ||
| Q3 24 | 15.7% | 11.8% | ||
| Q2 24 | 16.9% | 12.5% | ||
| Q1 24 | 16.0% | 8.7% |
| Q4 25 | 7.5% | 4.2% | ||
| Q3 25 | 9.3% | 5.3% | ||
| Q2 25 | 9.9% | 5.3% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | 8.0% | 2.8% | ||
| Q3 24 | 10.1% | 4.9% | ||
| Q2 24 | 11.7% | 4.0% | ||
| Q1 24 | 8.7% | 1.3% |
| Q4 25 | $0.90 | $0.95 | ||
| Q3 25 | $1.09 | $1.20 | ||
| Q2 25 | $1.10 | $1.19 | ||
| Q1 25 | — | $0.86 | ||
| Q4 24 | $0.87 | $0.61 | ||
| Q3 24 | $1.11 | $1.09 | ||
| Q2 24 | $1.35 | $0.94 | ||
| Q1 24 | $0.98 | $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 | $521.7M |
| Total DebtLower is stronger | $1.3B | $4.8B |
| Stockholders' EquityBook value | $2.1B | $6.8B |
| Total Assets | $4.9B | $13.9B |
| Debt / EquityLower = less leverage | 0.63× | 0.70× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $218.2M | $521.7M | ||
| Q3 25 | $258.2M | $400.0M | ||
| Q2 25 | $291.3M | $320.1M | ||
| Q1 25 | — | $305.3M | ||
| Q4 24 | $249.4M | $393.5M | ||
| Q3 24 | $253.7M | $458.6M | ||
| Q2 24 | $228.5M | $510.4M | ||
| Q1 24 | $76.5M | $465.3M |
| Q4 25 | $1.3B | $4.8B | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.1B | $5.5B | ||
| Q3 24 | $1.1B | $5.7B | ||
| Q2 24 | $1.1B | $5.8B | ||
| Q1 24 | $992.8M | $6.2B |
| Q4 25 | $2.1B | $6.8B | ||
| Q3 25 | $2.1B | $6.8B | ||
| Q2 25 | $1.9B | $6.7B | ||
| Q1 25 | — | $6.4B | ||
| Q4 24 | $1.8B | $6.3B | ||
| Q3 24 | $1.8B | $6.5B | ||
| Q2 24 | $1.7B | $6.4B | ||
| Q1 24 | $1.6B | $6.3B |
| Q4 25 | $4.9B | $13.9B | ||
| Q3 25 | $4.4B | $13.9B | ||
| Q2 25 | $4.2B | $13.9B | ||
| Q1 25 | — | $14.0B | ||
| Q4 24 | $4.0B | $14.0B | ||
| Q3 24 | $4.1B | $14.6B | ||
| Q2 24 | $4.0B | $14.6B | ||
| Q1 24 | $3.8B | $15.1B |
| Q4 25 | 0.63× | 0.70× | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.55× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.60× | 0.88× | ||
| Q3 24 | 0.59× | 0.87× | ||
| Q2 24 | 0.63× | 0.91× | ||
| Q1 24 | 0.61× | 1.00× |
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 | $167.8M |
| Free Cash FlowOCF − Capex | $70.3M | $140.6M |
| FCF MarginFCF / Revenue | 9.7% | 9.2% |
| Capex IntensityCapex / Revenue | 1.5% | 1.8% |
| Cash ConversionOCF / Net Profit | 1.49× | 2.65× |
| TTM Free Cash FlowTrailing 4 quarters | $238.0M | $893.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $81.5M | $167.8M | ||
| Q3 25 | $46.6M | $197.5M | ||
| Q2 25 | $35.4M | $523.2M | ||
| Q1 25 | — | $102.3M | ||
| Q4 24 | $126.9M | $213.2M | ||
| Q3 24 | $101.0M | $154.8M | ||
| Q2 24 | $83.0M | $158.3M | ||
| Q1 24 | $44.5M | $83.1M |
| Q4 25 | $70.3M | $140.6M | ||
| Q3 25 | $37.4M | $174.0M | ||
| Q2 25 | $28.1M | $493.0M | ||
| Q1 25 | — | $85.5M | ||
| Q4 24 | $102.2M | $183.9M | ||
| Q3 24 | $90.4M | $125.5M | ||
| Q2 24 | $74.0M | $125.9M | ||
| Q1 24 | $37.1M | $64.6M |
| Q4 25 | 9.7% | 9.2% | ||
| Q3 25 | 5.2% | 11.6% | ||
| Q2 25 | 4.1% | 33.0% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | 15.2% | 12.6% | ||
| Q3 24 | 13.4% | 8.5% | ||
| Q2 24 | 10.5% | 8.1% | ||
| Q1 24 | 5.4% | 4.2% |
| Q4 25 | 1.5% | 1.8% | ||
| Q3 25 | 1.3% | 1.6% | ||
| Q2 25 | 1.1% | 2.0% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | 3.7% | 2.0% | ||
| Q3 24 | 1.6% | 2.0% | ||
| Q2 24 | 1.3% | 2.1% | ||
| Q1 24 | 1.1% | 1.2% |
| Q4 25 | 1.49× | 2.65× | ||
| Q3 25 | 0.70× | 2.48× | ||
| Q2 25 | 0.53× | 6.61× | ||
| Q1 25 | — | 1.79× | ||
| Q4 24 | 2.36× | 5.17× | ||
| Q3 24 | 1.48× | 2.13× | ||
| Q2 24 | 1.00× | 2.53× | ||
| Q1 24 | 0.74× | 4.20× |
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% |
RRX
| Other | $470.6M | 31% |
| Industrial Powertrain Solutions Segment | $441.8M | 29% |
| Automation And Motion Control Segment | $327.7M | 22% |
| Power Efficiency Solutions Segment | $283.2M | 19% |
