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Side-by-side financial comparison of ESAB Corp (ESAB) and WEBSTER FINANCIAL CORP (WBS). Click either name above to swap in a different company.
WEBSTER FINANCIAL CORP is the larger business by last-quarter revenue ($735.9M vs $727.8M, roughly 1.0× ESAB Corp). WEBSTER FINANCIAL CORP runs the higher net margin — 33.5% vs 7.5%, a 25.9% gap on every dollar of revenue. Over the past eight quarters, WEBSTER FINANCIAL CORP's revenue compounded faster (9.4% CAGR vs 2.8%).
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
Webster Bank is an American commercial bank based in Stamford, Connecticut. It has 177 branches and 316 ATMs located in Connecticut; Massachusetts; Rhode Island; New Jersey; Westchester, Orange, Ulster, and Rockland counties in New York as well as New York City.
ESAB vs WBS — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $727.8M | $735.9M |
| Net Profit | $54.8M | $246.2M |
| Gross Margin | 37.0% | — |
| Operating Margin | 14.6% | — |
| Net Margin | 7.5% | 33.5% |
| Revenue YoY | 8.5% | — |
| Net Profit YoY | 2.1% | 8.5% |
| EPS (diluted) | $0.90 | $1.50 |
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 | — | $735.9M | ||
| Q4 25 | $727.8M | $746.2M | ||
| Q3 25 | $715.6M | $732.6M | ||
| Q2 25 | $678.1M | $715.8M | ||
| Q1 25 | — | $704.8M | ||
| Q4 24 | $670.8M | $661.0M | ||
| Q3 24 | $673.3M | $647.6M | ||
| Q2 24 | $707.1M | $614.6M |
| Q1 26 | — | $246.2M | ||
| Q4 25 | $54.8M | $255.8M | ||
| Q3 25 | $66.9M | $261.2M | ||
| Q2 25 | $67.4M | $258.8M | ||
| Q1 25 | — | $226.9M | ||
| Q4 24 | $53.7M | $177.8M | ||
| Q3 24 | $68.2M | $193.0M | ||
| Q2 24 | $82.9M | $181.6M |
| 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 | — | — | ||
| Q4 25 | 14.6% | 48.6% | ||
| Q3 25 | 15.2% | 51.3% | ||
| Q2 25 | 16.2% | 51.7% | ||
| Q1 25 | — | 51.2% | ||
| Q4 24 | 16.6% | 48.5% | ||
| Q3 24 | 15.7% | 46.1% | ||
| Q2 24 | 16.9% | 47.0% |
| Q1 26 | — | 33.5% | ||
| Q4 25 | 7.5% | 34.3% | ||
| Q3 25 | 9.3% | 35.7% | ||
| Q2 25 | 9.9% | 36.2% | ||
| Q1 25 | — | 32.2% | ||
| Q4 24 | 8.0% | 26.9% | ||
| Q3 24 | 10.1% | 29.8% | ||
| Q2 24 | 11.7% | 29.6% |
| Q1 26 | — | $1.50 | ||
| Q4 25 | $0.90 | $1.54 | ||
| Q3 25 | $1.09 | $1.54 | ||
| Q2 25 | $1.10 | $1.52 | ||
| Q1 25 | — | $1.30 | ||
| Q4 24 | $0.87 | $1.01 | ||
| Q3 24 | $1.11 | $1.10 | ||
| Q2 24 | $1.35 | $1.03 |
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 | — |
| Total DebtLower is stronger | $1.3B | $738.3M |
| Stockholders' EquityBook value | $2.1B | $9.6B |
| Total Assets | $4.9B | $85.6B |
| Debt / EquityLower = less leverage | 0.63× | 0.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $218.2M | — | ||
| Q3 25 | $258.2M | — | ||
| Q2 25 | $291.3M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $249.4M | — | ||
| Q3 24 | $253.7M | — | ||
| Q2 24 | $228.5M | — |
| Q1 26 | — | $738.3M | ||
| Q4 25 | $1.3B | $739.5M | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.1B | $905.6M | ||
| Q1 25 | — | $907.4M | ||
| Q4 24 | $1.1B | $909.2M | ||
| Q3 24 | $1.1B | $911.0M | ||
| Q2 24 | $1.1B | $912.7M |
| Q1 26 | — | $9.6B | ||
| Q4 25 | $2.1B | $9.5B | ||
| Q3 25 | $2.1B | $9.5B | ||
| Q2 25 | $1.9B | $9.3B | ||
| Q1 25 | — | $9.2B | ||
| Q4 24 | $1.8B | $9.1B | ||
| Q3 24 | $1.8B | $9.2B | ||
| Q2 24 | $1.7B | $8.8B |
| Q1 26 | — | $85.6B | ||
| Q4 25 | $4.9B | $84.1B | ||
| Q3 25 | $4.4B | $83.2B | ||
| Q2 25 | $4.2B | $81.9B | ||
| Q1 25 | — | $80.3B | ||
| Q4 24 | $4.0B | $79.0B | ||
| Q3 24 | $4.1B | $79.5B | ||
| Q2 24 | $4.0B | $76.8B |
| Q1 26 | — | 0.08× | ||
| Q4 25 | 0.63× | 0.08× | ||
| Q3 25 | 0.51× | 0.13× | ||
| Q2 25 | 0.55× | 0.10× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | 0.60× | 0.10× | ||
| Q3 24 | 0.59× | 0.10× | ||
| Q2 24 | 0.63× | 0.10× |
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 | $1.1B | ||
| Q3 25 | $46.6M | $374.7M | ||
| Q2 25 | $35.4M | $270.9M | ||
| Q1 25 | — | $94.9M | ||
| Q4 24 | $126.9M | $1.4B | ||
| Q3 24 | $101.0M | $45.3M | ||
| Q2 24 | $83.0M | $224.0M |
| Q1 26 | — | — | ||
| Q4 25 | $70.3M | $1.0B | ||
| Q3 25 | $37.4M | $362.5M | ||
| Q2 25 | $28.1M | $257.7M | ||
| Q1 25 | — | $86.6M | ||
| Q4 24 | $102.2M | $1.4B | ||
| Q3 24 | $90.4M | $35.3M | ||
| Q2 24 | $74.0M | $215.6M |
| Q1 26 | — | — | ||
| Q4 25 | 9.7% | 135.2% | ||
| Q3 25 | 5.2% | 49.5% | ||
| Q2 25 | 4.1% | 36.0% | ||
| Q1 25 | — | 12.3% | ||
| Q4 24 | 15.2% | 207.0% | ||
| Q3 24 | 13.4% | 5.4% | ||
| Q2 24 | 10.5% | 35.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | 6.6% | ||
| Q3 25 | 1.3% | 1.7% | ||
| Q2 25 | 1.1% | 1.8% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | 3.7% | 5.4% | ||
| Q3 24 | 1.6% | 1.5% | ||
| Q2 24 | 1.3% | 1.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.49× | 4.14× | ||
| Q3 25 | 0.70× | 1.43× | ||
| Q2 25 | 0.53× | 1.05× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | 2.36× | 7.90× | ||
| Q3 24 | 1.48× | 0.23× | ||
| Q2 24 | 1.00× | 1.23× |
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% |
WBS
| Net Interest Income | $634.4M | 86% |
| Noninterest Income | $101.5M | 14% |
