ESAB price to free cash flow ESAB

Market value divided by free cash flow over the last twelve months, since 2023.

Today, Oct 23, 2026: 21.2×
4-year median: 23.1×
Against its 4-year history: 37th; percentile: 0 is its lowest day, 100 its highest
4-year range: 16.7× to 36.6×
Peer median: 19.4×

ESAB's price to free cash flow is 21.2× as of Oct 23, 2026.

That is below its 4-year median of 23.1×, close to the middle of its last 4 years.

Over that time it ranged from 16.7× in Oct 2023 to 36.6× in Feb 2026.

The median for 10 industrial machinery stocks of a similar size is 19.4×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	21.2×	20.5×	36.6×
2025	29.1×	21.4×	29.8×
2024	24.1×	18.3×	26.0×
2023	20.7×	16.7×	21.2×

Against its peers

Companies in Industrial - Machinery nearest ESAB's size, closest first, today.

Company	Price to free cash flow
ESABESAB	21.2×
ALHAlliance Laundry	16.5×
MIRMirion Technologies	27.6×
MWAMueller Water Products	19.4×
CXTCrane NXT	14.6×
NOVTNovanta	46.6×
POWLPowell Industries	22.5×
KAIKadant	19.4×
JBTMJBT MAREL	18.2×
AAONAaon	n/m
TEXTerex	n/m
Peer median	19.4×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on ESAB

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.