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Side-by-side financial comparison of ESAB Corp (ESAB) and SENSIENT TECHNOLOGIES CORP (SXT). Click either name above to swap in a different company.

ESAB Corp is the larger business by last-quarter revenue ($727.8M vs $435.8M, roughly 1.7× SENSIENT TECHNOLOGIES CORP). SENSIENT TECHNOLOGIES CORP runs the higher net margin — 10.1% vs 7.5%, a 2.6% gap on every dollar of revenue. On growth, SENSIENT TECHNOLOGIES CORP posted the faster year-over-year revenue change (11.1% vs 8.5%). Over the past eight quarters, SENSIENT TECHNOLOGIES CORP's revenue compounded faster (3.9% CAGR vs 2.8%).

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

Sensient Technologies is a global manufacturer and marketer of colors, flavors and fragrances based in Milwaukee, Wisconsin. Their products are used in many foods and beverages, pharmaceuticals, cosmetics, home and personal care products, specialty printing and imaging products, computer imaging and industrial colors. Sensient reported revenue of $1,468 million in 2013. Subdivisions include the Sensient Flavors & Fragrances Group and the Sensient Color Group. Within the Flavors & Fragrances G...

ESAB vs SXT — Head-to-Head

Bigger by revenue
ESAB
ESAB
1.7× larger
ESAB
$727.8M
$435.8M
SXT
Growing faster (revenue YoY)
SXT
SXT
+2.6% gap
SXT
11.1%
8.5%
ESAB
Higher net margin
SXT
SXT
2.6% more per $
SXT
10.1%
7.5%
ESAB
Faster 2-yr revenue CAGR
SXT
SXT
Annualised
SXT
3.9%
2.8%
ESAB

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ESAB
ESAB
SXT
SXT
Revenue
$727.8M
$435.8M
Net Profit
$54.8M
$44.2M
Gross Margin
37.0%
Operating Margin
14.6%
15.3%
Net Margin
7.5%
10.1%
Revenue YoY
8.5%
11.1%
Net Profit YoY
2.1%
28.2%
EPS (diluted)
$0.90
$1.04

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
SXT
SXT
Q1 26
$435.8M
Q4 25
$727.8M
$393.4M
Q3 25
$715.6M
$412.1M
Q2 25
$678.1M
$414.2M
Q1 25
$392.3M
Q4 24
$670.8M
$376.4M
Q3 24
$673.3M
$392.6M
Q2 24
$707.1M
$403.5M
Net Profit
ESAB
ESAB
SXT
SXT
Q1 26
$44.2M
Q4 25
$54.8M
$25.5M
Q3 25
$66.9M
$37.0M
Q2 25
$67.4M
$37.6M
Q1 25
$34.5M
Q4 24
$53.7M
$30.1M
Q3 24
$68.2M
$32.7M
Q2 24
$82.9M
$30.9M
Gross Margin
ESAB
ESAB
SXT
SXT
Q1 26
Q4 25
37.0%
31.4%
Q3 25
37.2%
34.3%
Q2 25
37.6%
34.5%
Q1 25
33.6%
Q4 24
38.5%
31.7%
Q3 24
37.7%
33.2%
Q2 24
38.2%
32.4%
Operating Margin
ESAB
ESAB
SXT
SXT
Q1 26
15.3%
Q4 25
14.6%
9.7%
Q3 25
15.2%
14.0%
Q2 25
16.2%
13.9%
Q1 25
13.6%
Q4 24
16.6%
11.2%
Q3 24
15.7%
12.9%
Q2 24
16.9%
12.3%
Net Margin
ESAB
ESAB
SXT
SXT
Q1 26
10.1%
Q4 25
7.5%
6.5%
Q3 25
9.3%
9.0%
Q2 25
9.9%
9.1%
Q1 25
8.8%
Q4 24
8.0%
8.0%
Q3 24
10.1%
8.3%
Q2 24
11.7%
7.7%
EPS (diluted)
ESAB
ESAB
SXT
SXT
Q1 26
$1.04
Q4 25
$0.90
$0.60
Q3 25
$1.09
$0.87
Q2 25
$1.10
$0.88
Q1 25
$0.81
Q4 24
$0.87
$0.71
Q3 24
$1.11
$0.77
Q2 24
$1.35
$0.73

Balance Sheet & Financial Strength

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

Metric
ESAB
ESAB
SXT
SXT
Cash + ST InvestmentsLiquidity on hand
$218.2M
$38.5M
Total DebtLower is stronger
$1.3B
$767.8M
Stockholders' EquityBook value
$2.1B
$1.2B
Total Assets
$4.9B
$2.3B
Debt / EquityLower = less leverage
0.63×
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESAB
ESAB
SXT
SXT
Q1 26
$38.5M
Q4 25
$218.2M
$36.5M
Q3 25
$258.2M
$42.7M
Q2 25
$291.3M
$56.7M
Q1 25
$32.6M
Q4 24
$249.4M
$26.6M
Q3 24
$253.7M
$37.0M
Q2 24
$228.5M
$30.3M
Total Debt
ESAB
ESAB
SXT
SXT
Q1 26
$767.8M
Q4 25
$1.3B
$709.2M
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
Q4 24
$1.1B
$613.5M
Q3 24
$1.1B
Q2 24
$1.1B
Stockholders' Equity
ESAB
ESAB
SXT
SXT
Q1 26
$1.2B
Q4 25
$2.1B
$1.2B
Q3 25
$2.1B
$1.2B
Q2 25
$1.9B
$1.2B
Q1 25
$1.1B
Q4 24
$1.8B
$1.1B
Q3 24
$1.8B
$1.1B
Q2 24
$1.7B
$1.1B
Total Assets
ESAB
ESAB
SXT
SXT
Q1 26
$2.3B
Q4 25
$4.9B
$2.2B
Q3 25
$4.4B
$2.2B
Q2 25
$4.2B
$2.2B
Q1 25
$2.1B
Q4 24
$4.0B
$2.0B
Q3 24
$4.1B
$2.0B
Q2 24
$4.0B
$2.0B
Debt / Equity
ESAB
ESAB
SXT
SXT
Q1 26
0.63×
Q4 25
0.63×
0.59×
Q3 25
0.51×
Q2 25
0.55×
Q1 25
Q4 24
0.60×
0.58×
Q3 24
0.59×
Q2 24
0.63×

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
SXT
SXT
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.

Operating Cash Flow
ESAB
ESAB
SXT
SXT
Q1 26
Q4 25
$81.5M
$44.6M
Q3 25
$46.6M
$44.0M
Q2 25
$35.4M
$48.3M
Q1 25
$-9.0M
Q4 24
$126.9M
$21.4M
Q3 24
$101.0M
$76.8M
Q2 24
$83.0M
$43.8M
Free Cash Flow
ESAB
ESAB
SXT
SXT
Q1 26
Q4 25
$70.3M
$12.9M
Q3 25
$37.4M
$24.2M
Q2 25
$28.1M
$27.1M
Q1 25
$-25.8M
Q4 24
$102.2M
$-1.7M
Q3 24
$90.4M
$63.6M
Q2 24
$74.0M
$32.0M
FCF Margin
ESAB
ESAB
SXT
SXT
Q1 26
Q4 25
9.7%
3.3%
Q3 25
5.2%
5.9%
Q2 25
4.1%
6.5%
Q1 25
-6.6%
Q4 24
15.2%
-0.5%
Q3 24
13.4%
16.2%
Q2 24
10.5%
7.9%
Capex Intensity
ESAB
ESAB
SXT
SXT
Q1 26
Q4 25
1.5%
8.0%
Q3 25
1.3%
4.8%
Q2 25
1.1%
5.1%
Q1 25
4.3%
Q4 24
3.7%
6.1%
Q3 24
1.6%
3.4%
Q2 24
1.3%
2.9%
Cash Conversion
ESAB
ESAB
SXT
SXT
Q1 26
Q4 25
1.49×
1.75×
Q3 25
0.70×
1.19×
Q2 25
0.53×
1.28×
Q1 25
-0.26×
Q4 24
2.36×
0.71×
Q3 24
1.48×
2.35×
Q2 24
1.00×
1.42×

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%

SXT
SXT

Segment breakdown not available.

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