ESAB Corp (ESAB)

Return on assets (ROA)

Dec 31, 2023 Dec 31, 2022
Net income US$ in thousands 205,285 223,747
Total assets US$ in thousands 3,828,630 3,754,020
ROA 5.36% 5.96%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $205,285K ÷ $3,828,630K
= 5.36%


Peer comparison

Dec 31, 2023

Company name
Symbol
ROA
ESAB Corp
ESAB
5.36%
Nordson Corporation
NDSN
9.28%