Flagship explainer

What drives ESAB Corporation’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity12%Tax burden69%net income ÷ pretax incomeInterest burden80%pretax ÷ operating incomeOperating margin14%operating income ÷ revenueAsset turnover0.65×revenue ÷ average assetsEquity multiplier2.24×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$227MFY2025
Income before tax$328MFY2025
Operating income$412MFY2025
$2.8BFY2025
Ending assets$4.8BFY2025
Beginning assets$4.0BFY2024
$2.2BFY2025
$1.8BFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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ESAB dupont explainer — Buy Like Buffett · Buy Like Buffett