ESAB Corp
ESAB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| P>G | LOCK|##x& | LOCK|NN!ZN@m |
ESAB Earnings: Despite Transitory Headwinds, We Are Encouraged by Return to Organic Sales Growth
ESAB's second-quarter organic sales rose roughly 2.5% year over year, supported by 0.5% volume growth and 2% price increases. Core adjusted EBITDA margin contracted 90 basis points year over year on higher oil prices amid Middle East tensions and dilution from the EWM acquisition.
