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Side-by-side financial comparison of ESAB Corp (ESAB) and UDR, Inc. (UDR). Click either name above to swap in a different company.
ESAB Corp is the larger business by last-quarter revenue ($727.8M vs $425.8M, roughly 1.7× UDR, Inc.). UDR, Inc. runs the higher net margin — 44.6% vs 7.5%, a 37.0% gap on every dollar of revenue. On growth, ESAB Corp posted the faster year-over-year revenue change (8.5% vs 0.9%). Over the past eight quarters, ESAB Corp's revenue compounded faster (2.8% CAGR vs 1.3%).
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.
ESAB vs UDR — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $727.8M | $425.8M |
| Net Profit | $54.8M | $189.8M |
| Gross Margin | 37.0% | — |
| Operating Margin | 14.6% | 54.0% |
| Net Margin | 7.5% | 44.6% |
| Revenue YoY | 8.5% | 0.9% |
| Net Profit YoY | 2.1% | 147.2% |
| EPS (diluted) | $0.90 | $0.63 |
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 | — | $425.8M | ||
| Q4 25 | $727.8M | $433.1M | ||
| Q3 25 | $715.6M | $431.9M | ||
| Q2 25 | $678.1M | $425.4M | ||
| Q1 25 | — | $421.9M | ||
| Q4 24 | $670.8M | $422.7M | ||
| Q3 24 | $673.3M | $420.2M | ||
| Q2 24 | $707.1M | $415.3M |
| Q1 26 | — | $189.8M | ||
| Q4 25 | $54.8M | $222.9M | ||
| Q3 25 | $66.9M | $40.4M | ||
| Q2 25 | $67.4M | $37.7M | ||
| Q1 25 | — | $76.7M | ||
| Q4 24 | $53.7M | $-5.0M | ||
| Q3 24 | $68.2M | $22.6M | ||
| Q2 24 | $82.9M | $28.9M |
| 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 | — | 54.0% | ||
| Q4 25 | 14.6% | 64.1% | ||
| Q3 25 | 15.2% | 17.7% | ||
| Q2 25 | 16.2% | 18.2% | ||
| Q1 25 | — | 29.0% | ||
| Q4 24 | 16.6% | 15.7% | ||
| Q3 24 | 15.7% | 16.6% | ||
| Q2 24 | 16.9% | 16.5% |
| Q1 26 | — | 44.6% | ||
| Q4 25 | 7.5% | 51.5% | ||
| Q3 25 | 9.3% | 9.4% | ||
| Q2 25 | 9.9% | 8.9% | ||
| Q1 25 | — | 18.2% | ||
| Q4 24 | 8.0% | -220.5% | ||
| Q3 24 | 10.1% | 5.4% | ||
| Q2 24 | 11.7% | 7.0% |
| Q1 26 | — | $0.63 | ||
| Q4 25 | $0.90 | $0.67 | ||
| Q3 25 | $1.09 | $0.12 | ||
| Q2 25 | $1.10 | $0.11 | ||
| Q1 25 | — | $0.23 | ||
| Q4 24 | $0.87 | $-0.01 | ||
| Q3 24 | $1.11 | $0.06 | ||
| Q2 24 | $1.35 | $0.08 |
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 | $1.3M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $2.1B | $3.3B |
| Total Assets | $4.9B | $10.3B |
| Debt / EquityLower = less leverage | 0.63× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.3M | ||
| Q4 25 | $218.2M | $1.2M | ||
| Q3 25 | $258.2M | $1.2M | ||
| Q2 25 | $291.3M | $1.5M | ||
| Q1 25 | — | $1.3M | ||
| Q4 24 | $249.4M | $1.3M | ||
| Q3 24 | $253.7M | $2.3M | ||
| Q2 24 | $228.5M | $2.8M |
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $5.8B | ||
| Q3 25 | $1.1B | $5.8B | ||
| Q2 25 | $1.1B | $5.8B | ||
| Q1 25 | — | $5.8B | ||
| Q4 24 | $1.1B | $5.8B | ||
| Q3 24 | $1.1B | $5.9B | ||
| Q2 24 | $1.1B | $5.8B |
| Q1 26 | — | $3.3B | ||
| Q4 25 | $2.1B | $3.3B | ||
| Q3 25 | $2.1B | $3.3B | ||
| Q2 25 | $1.9B | $3.3B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | $1.8B | $3.4B | ||
| Q3 24 | $1.8B | $3.5B | ||
| Q2 24 | $1.7B | $3.7B |
| Q1 26 | — | $10.3B | ||
| Q4 25 | $4.9B | $10.6B | ||
| Q3 25 | $4.4B | $10.6B | ||
| Q2 25 | $4.2B | $10.6B | ||
| Q1 25 | — | $10.7B | ||
| Q4 24 | $4.0B | $10.9B | ||
| Q3 24 | $4.1B | $11.1B | ||
| Q2 24 | $4.0B | $11.1B |
| Q1 26 | — | — | ||
| Q4 25 | 0.63× | 1.77× | ||
| Q3 25 | 0.51× | 1.78× | ||
| Q2 25 | 0.55× | 1.74× | ||
| Q1 25 | — | 1.74× | ||
| Q4 24 | 0.60× | 1.69× | ||
| Q3 24 | 0.59× | 1.67× | ||
| Q2 24 | 0.63× | 1.55× |
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% | 4.9% |
| 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 | $902.9M | ||
| Q3 25 | $46.6M | $234.9M | ||
| Q2 25 | $35.4M | $250.3M | ||
| Q1 25 | — | $156.2M | ||
| Q4 24 | $126.9M | $876.8M | ||
| Q3 24 | $101.0M | $230.3M | ||
| Q2 24 | $83.0M | $238.5M |
| Q1 26 | — | — | ||
| Q4 25 | $70.3M | $650.0M | ||
| Q3 25 | $37.4M | $164.6M | ||
| Q2 25 | $28.1M | $190.1M | ||
| Q1 25 | — | $103.2M | ||
| Q4 24 | $102.2M | $627.0M | ||
| Q3 24 | $90.4M | $161.3M | ||
| Q2 24 | $74.0M | $171.1M |
| Q1 26 | — | — | ||
| Q4 25 | 9.7% | 150.1% | ||
| Q3 25 | 5.2% | 38.1% | ||
| Q2 25 | 4.1% | 44.7% | ||
| Q1 25 | — | 24.5% | ||
| Q4 24 | 15.2% | 148.3% | ||
| Q3 24 | 13.4% | 38.4% | ||
| Q2 24 | 10.5% | 41.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 1.5% | 58.4% | ||
| Q3 25 | 1.3% | 16.3% | ||
| Q2 25 | 1.1% | 14.2% | ||
| Q1 25 | — | 12.6% | ||
| Q4 24 | 3.7% | 59.1% | ||
| Q3 24 | 1.6% | 16.4% | ||
| Q2 24 | 1.3% | 16.2% |
| Q1 26 | — | — | ||
| Q4 25 | 1.49× | 4.05× | ||
| Q3 25 | 0.70× | 5.81× | ||
| Q2 25 | 0.53× | 6.64× | ||
| Q1 25 | — | 2.04× | ||
| Q4 24 | 2.36× | — | ||
| Q3 24 | 1.48× | 10.19× | ||
| Q2 24 | 1.00× | 8.26× |
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% |
UDR
| Rental income | $423.3M | 99% |
| Joint venture management and other fees | $2.5M | 1% |
