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Side-by-side financial comparison of ESAB Corp (ESAB) and TripAdvisor, Inc. (TRIP). Click either name above to swap in a different company.
ESAB Corp is the larger business by last-quarter revenue ($727.8M vs $411.0M, roughly 1.8× TripAdvisor, Inc.). ESAB Corp runs the higher net margin — 7.5% vs -9.2%, a 16.8% gap on every dollar of revenue. On growth, ESAB Corp posted the faster year-over-year revenue change (8.5% vs 0.0%). ESAB Corp produced more free cash flow last quarter ($70.3M vs $-122.0M). Over the past eight quarters, ESAB Corp's revenue compounded faster (2.8% CAGR vs 2.0%).
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
Tripadvisor is an American company that operates online travel agencies, comparison shopping websites, and mobile apps with user-generated content.
ESAB vs TRIP — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $727.8M | $411.0M |
| Net Profit | $54.8M | $-38.0M |
| Gross Margin | 37.0% | 91.5% |
| Operating Margin | 14.6% | -8.3% |
| Net Margin | 7.5% | -9.2% |
| Revenue YoY | 8.5% | 0.0% |
| Net Profit YoY | 2.1% | -3900.0% |
| EPS (diluted) | $0.90 | $-0.32 |
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 | $411.0M | ||
| Q3 25 | $715.6M | $553.0M | ||
| Q2 25 | $678.1M | $529.0M | ||
| Q1 25 | — | $398.0M | ||
| Q4 24 | $670.8M | $411.0M | ||
| Q3 24 | $673.3M | $532.0M | ||
| Q2 24 | $707.1M | $497.0M | ||
| Q1 24 | $689.7M | $395.0M |
| Q4 25 | $54.8M | $-38.0M | ||
| Q3 25 | $66.9M | $53.0M | ||
| Q2 25 | $67.4M | $36.0M | ||
| Q1 25 | — | $-11.0M | ||
| Q4 24 | $53.7M | $1.0M | ||
| Q3 24 | $68.2M | $39.0M | ||
| Q2 24 | $82.9M | $24.0M | ||
| Q1 24 | $60.0M | $-59.0M |
| Q4 25 | 37.0% | 91.5% | ||
| Q3 25 | 37.2% | 92.6% | ||
| Q2 25 | 37.6% | 92.1% | ||
| Q1 25 | — | 93.2% | ||
| Q4 24 | 38.5% | 93.4% | ||
| Q3 24 | 37.7% | 92.5% | ||
| Q2 24 | 38.2% | 92.8% | ||
| Q1 24 | 37.0% | 93.7% |
| Q4 25 | 14.6% | -8.3% | ||
| Q3 25 | 15.2% | 12.7% | ||
| Q2 25 | 16.2% | 11.2% | ||
| Q1 25 | — | -3.8% | ||
| Q4 24 | 16.6% | 0.2% | ||
| Q3 24 | 15.7% | 13.2% | ||
| Q2 24 | 16.9% | 7.2% | ||
| Q1 24 | 16.0% | -3.8% |
| Q4 25 | 7.5% | -9.2% | ||
| Q3 25 | 9.3% | 9.6% | ||
| Q2 25 | 9.9% | 6.8% | ||
| Q1 25 | — | -2.8% | ||
| Q4 24 | 8.0% | 0.2% | ||
| Q3 24 | 10.1% | 7.3% | ||
| Q2 24 | 11.7% | 4.8% | ||
| Q1 24 | 8.7% | -14.9% |
| Q4 25 | $0.90 | $-0.32 | ||
| Q3 25 | $1.09 | $0.43 | ||
| Q2 25 | $1.10 | $0.28 | ||
| Q1 25 | — | $-0.08 | ||
| Q4 24 | $0.87 | $0.03 | ||
| Q3 24 | $1.11 | $0.27 | ||
| Q2 24 | $1.35 | $0.17 | ||
| Q1 24 | $0.98 | $-0.43 |
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 | $1.0B |
| Total DebtLower is stronger | $1.3B | $819.0M |
| Stockholders' EquityBook value | $2.1B | $645.0M |
| Total Assets | $4.9B | $2.6B |
| Debt / EquityLower = less leverage | 0.63× | 1.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $218.2M | $1.0B | ||
| Q3 25 | $258.2M | $1.2B | ||
| Q2 25 | $291.3M | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | $249.4M | $1.1B | ||
| Q3 24 | $253.7M | $1.1B | ||
| Q2 24 | $228.5M | $1.2B | ||
| Q1 24 | $76.5M | $1.2B |
| Q4 25 | $1.3B | $819.0M | ||
| Q3 25 | $1.1B | $821.0M | ||
| Q2 25 | $1.1B | $822.0M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | $1.1B | $831.0M | ||
| Q3 24 | $1.1B | $832.0M | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $992.8M | — |
| Q4 25 | $2.1B | $645.0M | ||
| Q3 25 | $2.1B | $707.0M | ||
| Q2 25 | $1.9B | $627.0M | ||
| Q1 25 | — | $643.0M | ||
| Q4 24 | $1.8B | $943.0M | ||
| Q3 24 | $1.8B | $944.0M | ||
| Q2 24 | $1.7B | $857.0M | ||
| Q1 24 | $1.6B | $825.0M |
| Q4 25 | $4.9B | $2.6B | ||
| Q3 25 | $4.4B | $2.8B | ||
| Q2 25 | $4.2B | $2.9B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | $4.0B | $2.6B | ||
| Q3 24 | $4.1B | $2.7B | ||
| Q2 24 | $4.0B | $2.8B | ||
| Q1 24 | $3.8B | $2.7B |
| Q4 25 | 0.63× | 1.27× | ||
| Q3 25 | 0.51× | 1.16× | ||
| Q2 25 | 0.55× | 1.31× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | 0.60× | 0.88× | ||
| Q3 24 | 0.59× | 0.88× | ||
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $81.5M | $-103.0M |
| Free Cash FlowOCF − Capex | $70.3M | $-122.0M |
| FCF MarginFCF / Revenue | 9.7% | -29.7% |
| Capex IntensityCapex / Revenue | 1.5% | 4.6% |
| Cash ConversionOCF / Net Profit | 1.49× | — |
| TTM Free Cash FlowTrailing 4 quarters | $238.0M | $163.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $81.5M | $-103.0M | ||
| Q3 25 | $46.6M | $44.0M | ||
| Q2 25 | $35.4M | $202.0M | ||
| Q1 25 | — | $102.0M | ||
| Q4 24 | $126.9M | $-3.0M | ||
| Q3 24 | $101.0M | $-43.0M | ||
| Q2 24 | $83.0M | $51.0M | ||
| Q1 24 | $44.5M | $139.0M |
| Q4 25 | $70.3M | $-122.0M | ||
| Q3 25 | $37.4M | $25.0M | ||
| Q2 25 | $28.1M | $177.0M | ||
| Q1 25 | — | $83.0M | ||
| Q4 24 | $102.2M | $-26.0M | ||
| Q3 24 | $90.4M | $-63.0M | ||
| Q2 24 | $74.0M | $36.0M | ||
| Q1 24 | $37.1M | $123.0M |
| Q4 25 | 9.7% | -29.7% | ||
| Q3 25 | 5.2% | 4.5% | ||
| Q2 25 | 4.1% | 33.5% | ||
| Q1 25 | — | 20.9% | ||
| Q4 24 | 15.2% | -6.3% | ||
| Q3 24 | 13.4% | -11.8% | ||
| Q2 24 | 10.5% | 7.2% | ||
| Q1 24 | 5.4% | 31.1% |
| Q4 25 | 1.5% | 4.6% | ||
| Q3 25 | 1.3% | 3.4% | ||
| Q2 25 | 1.1% | 4.7% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | 3.7% | 5.6% | ||
| Q3 24 | 1.6% | 3.8% | ||
| Q2 24 | 1.3% | 3.0% | ||
| Q1 24 | 1.1% | 4.1% |
| Q4 25 | 1.49× | — | ||
| Q3 25 | 0.70× | 0.83× | ||
| Q2 25 | 0.53× | 5.61× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.36× | -3.00× | ||
| Q3 24 | 1.48× | -1.10× | ||
| Q2 24 | 1.00× | 2.13× | ||
| Q1 24 | 0.74× | — |
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% |
TRIP
| Third Party | $327.0M | 80% |
| The Fork | $58.0M | 14% |
| Other | $26.0M | 6% |