CRH (NYSE:CRH) Q4 2025 Earnings call February 19, 2026 08:00 AM ET Speaker8Good day, and welcome to the CRH fourth quarter and full year 2025 results presentation. My name is Krista, and I will be your operator today. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question, please press Star and then the number one on your telephone keypad at any time. If you would like to withdraw your ...

The Cheesecake Factory (NasdaqGS:CAKE) Q4 2025 Earnings call February 18, 2026 05:00 PM ET Speaker12Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome you to The Cheesecake Factory Incorporated fourth quarter 2025 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a qu ...

Rollins (NYSE: ROL) FY Conference Summary Company Overview - Rollins is a portfolio of pest control brands, demonstrating strong performance with a focus on recurring revenue streams. [5][9] Key Financial Performance - Achieved double-digit revenue and earnings growth for three consecutive years, marking the 24th consecutive year of annual revenue growth and the 97th consecutive quarter of revenue growth. [5][6] - 75% of the business is under contract, indicating a strong recurring revenue model. [5] - The ancillary business grew at 15-16% year-over-year, while the one-time business faced challenges due to adverse weather conditions. [6][9] Weather Impact - Weather conditions negatively impacted the one-time business, particularly in the Midwest and Northeast, leading to a decline in growth during Q4. [6][7] - The company anticipates a recovery in Q1, with expectations of making up for lost revenue as the peak season approaches. [12][13] Growth Opportunities - Rollins is focusing on cross-brand collaboration to enhance growth, particularly in the ancillary services segment. [20][21] - There is significant potential to reduce customer churn by redirecting customers from one brand to another within the portfolio. [22] Operational Improvements - The company is investing in modernization initiatives, including process improvements and technology upgrades, to enhance operational efficiency. [24][42] - A new EPM system is being implemented to improve data synthesis and decision-making capabilities. [43][50] Margin Profile - The one-time business has a gross margin of over 70%, indicating strong profitability potential. [16] - The company is addressing high turnover rates among field staff, which has significant cost implications. [27][31] Capital Allocation and M&A Strategy - Rollins aims for 2-3% growth through M&A, with a pipeline of potential deals. [56][62] - The company has successfully completed over 100 acquisitions in the past few years, with a focus on maintaining a long-term approach to business integration. [61][63] Shareholder Engagement - The Rollins family remains supportive of modernization efforts and is aligned with the interests of other shareholders. [77][79] - The company has increased its dividend by 85% over the past few years, reflecting strong financial performance. [73] Conclusion - Rollins is positioned for continued growth through its strong recurring revenue model, operational improvements, and strategic M&A initiatives. The company remains optimistic about its future performance despite recent weather-related challenges. [9][63]

Pitney Bowes (NYSE:PBI) Q4 2025 Earnings call February 18, 2026 08:00 AM ET Speaker7Ladies and gentlemen, thank you for standing by. Welcome to the fourth quarter 2025 Pitney Bowes Earnings Conference Call. Joining us today are Chief Executive Officer Kurt Wolf, Chief Financial Officer Paul Evans, and Director Investor Relations Alex Brown. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the ses ...

Core Insights - Cemtrex, Inc. reported a 17% increase in revenues for Q1 2026, reaching $16.1 million compared to $13.7 million in the prior year [10] - The company experienced an operating loss of $2.8 million, which is an increase from the $2.3 million loss in the same quarter last year, primarily due to lower gross margins in the Security segment and one-time expenses [4][11] - The Industrial segment achieved a record revenue of $10.6 million, reflecting a 28% increase driven by operational discipline and growing demand [6][10] Financial Performance - Revenues for Q1 2026 increased to $16.1 million from $13.7 million in the prior year, with the Industrial segment contributing $10.6 million, up from $8.3 million [10] - Security segment revenue saw a modest increase of 1%, reaching $5.5 million compared to $5.4 million in the previous year [10] - Cash and cash equivalents surged by 312% to $20.5 million, up from $5 million in the prior year [10] Management Actions - The company implemented pricing adjustments and reduced overhead costs by approximately $2.5 to $3.0 million on an annualized basis to address gross margin compression in the Security segment [5] - Cemtrex completed acquisitions of Invocon and Richland Industries, which are expected to enhance its operational footprint and earnings base starting in Q2 [7] - The management aims to restore segment margins, expand operating income, and strengthen cash flow generation throughout fiscal 2026 [8] Strategic Focus - The company is focused on disciplined execution and capital allocation to build a diversified platform for durable operating income [8] - There is an ongoing commitment to pursue acquisitions that align with the criteria for sustainable margins and cash generation [8] - The early adoption of the NEXT camera line is expected to contribute positively to the Security segment's performance [5]

Genuine Parts Company (NYSE:GPC) Q4 2025 Earnings call February 17, 2026 08:30 AM ET Speaker7At this time, I would like to turn the conference over to Tim Walsh, Vice President of Investor Relations. Please go ahead, sir.Speaker9Thank you, and good morning, everyone. Welcome to Genuine Parts Company's fourth quarter 2025 earnings call. Joining us on the call today are Will Stengel, Chair-elect and Chief Executive Officer, and Bert Nappier, Executive Vice President and Chief Financial Officer. In addition to ...

Core Insights - Russel Metals is undergoing a multi-year portfolio repositioning, with a focus on reducing capital footprint and enhancing operational efficiencies, highlighted by the anticipated sale of a property in Delta, B.C. which is expected to reduce initial capital by nearly 50% [1][4] - The company reported a strong financial performance for the full year 2025, with revenue increasing by 9% and EBITDA rising by 13%, attributed to contributions from recent acquisitions and improved market conditions [6][9] Financial Performance - In 2025, Russel Metals generated approximately CAD 2.2 billion in cash flow since 2020, with CAD 1 billion reinvested into acquisitions and internal projects [3][7] - The company returned CAD 182 million to shareholders in 2025, consisting of CAD 86 million in share buybacks and CAD 96 million in dividends, while maintaining a net debt of CAD 184 million [5][17] - Full-year 2025 capital expenditures were reported at CAD 74 million, with expectations to average closer to CAD 100 million annually in the coming years [9] Acquisitions and Strategic Initiatives - Recent acquisitions include Samuel, Tampa Bay Steel, and Klöckner operations, which have materially reshaped the company's portfolio [2][7] - The Klöckner acquisition closed on December 31, with an estimated purchase price of CAD 130 million, and is expected to be economically attractive, generating around CAD 550 million in revenue and CAD 30 million in adjusted EBITDA for 2025 [13] Market Conditions and Outlook - Management noted improved market conditions in early 2026, with rising prices for sheet and plate products and solid demand, particularly in the U.S. [14][15] - CEO John Reid expressed optimism for Q1 2026, citing strong demand in equipment manufacturing and energy sectors, while noting some challenges in agriculture [15][16] Capital Management and Liquidity - Russel Metals ended 2025 with CAD 184 million in net debt and over CAD 500 million in liquidity, maintaining an investment-grade rating [5][19] - The company emphasized a disciplined approach to capital allocation, balancing investments, acquisitions, dividends, and buybacks based on market conditions [19]

Company Overview - Ecovyst operates as a leading provider of specialty catalysts and sulfuric acid services, supporting industrial clients in refining, emission control, and plastics production [6] - The company has a dual-segment structure that allows it to serve diverse end markets through tailored chemical solutions and process technologies [6] - Revenue for the trailing twelve months (TTM) is reported at $749.19 million, with a net income of -$107.33 million [4] Recent Developments - On February 13, 2026, Brightline Capital Management, LLC initiated a new position in Ecovyst, acquiring 2,050,000 shares valued at $19.95 million [2][9] - This new position represents 8.06% of Brightline Capital Management's 13F reportable assets [7] Financial Performance - In the third quarter, Ecovyst generated $204.9 million in sales, reflecting a 33% year-over-year increase, with an Adjusted EBITDA of $57.5 million and a margin of 28.1% [10] - Ecoservices Adjusted EBITDA reached $63.6 million, up 15% year over year [10] - As of February 12, 2026, Ecovyst shares were priced at $11.46, showing a one-year price change of 40.96%, outperforming the S&P 500 by 28.06 percentage points [4][7] Strategic Insights - The recent allocation of $19.95 million indicates Brightline Capital Management's confidence in Ecovyst's potential for durable cash flow and higher-quality earnings [9] - The company is undergoing a capital allocation reset, with lower leverage and disciplined buybacks, suggesting a clean financial story moving forward [11]

Core Insights - Chorus Aviation has made significant strides in 2025, including a notable increase in adjusted earnings and strategic acquisitions, positioning itself for future growth [2][3][4] Acquisition and Strategic Moves - The company announced the acquisition of Kadex Aero Supply for approximately CAD 50 million, which is expected to be immediately accretive to earnings and free cash flow [6][8] - Chorus executed agreements to sell nine Q400 aircraft and acquired Elisen & Associates, an engineering firm, enhancing its operational capabilities [2][4] Financial Performance - Chorus reported adjusted earnings available to common shareholders of CAD 2.27 per share for 2025, reflecting a 134% increase from CAD 0.97 in the previous year [2][7] - The company ended the year with adjusted EBITDA of CAD 170 million to CAD 185 million and free cash flow of CAD 100 million to CAD 110 million projected for 2026 [5][21] Capital Allocation and Shareholder Returns - Chorus increased its annual dividend to CAD 0.44, up from CAD 0.32, aligning with its strategy to distribute approximately 25% of free cash flow [9] - The company committed to repurchasing up to CAD 100 million in shares over the next four years and has already bought back CAD 85.2 million in shares in 2025 [10][6] Operational Updates - Jazz Aviation, a subsidiary, reported steady contracted earnings and operational results, while Voyageur is shifting its business mix towards higher-margin defense and specialty MRO services [17][18] - Voyageur generated CAD 135 million in revenue for 2025, slightly below projections due to timing issues with larger aircraft parts sales [19] Future Outlook - Chorus outlined a four-year capital allocation plan aiming to generate CAD 500 million to CAD 550 million in free cash flow and net proceeds from asset sales, with a flexible allocation range for growth and debt repayment [11][12]

Core Insights - CAPREIT is focusing on a portfolio mix aimed at reducing capital needs and enhancing resilience, with 79% of assets classified as value-add and 68% as core long-term holdings [1] - The company has engaged in significant buybacks, spending CAD 294 million in 2025 at an average price of CAD 41, while the NAV per unit was reported at CAD 56 [2] - CAPREIT successfully met its 2025 disposition target by selling over CAD 400 million in non-core Canadian assets and CAD 784 million in European interests, using proceeds to acquire CAD 659 million in strategically aligned properties [3][7] Portfolio Repositioning - The company completed a major portfolio repositioning in 2025, selling non-core assets and acquiring targeted properties to lower average age and operating costs [7] - CAPREIT's allocation to newly constructed properties is intentionally set at 19% to improve the portfolio's cost profile [7] Financial Performance - In Q4 2025, same-property revenue increased by 2.8% to CAD 224.4 million, with an NOI margin of 64.4% [5][12] - Diluted FFO per unit rose by 1.6% to CAD 0.632 in Q4, with a full-year FFO of CAD 2.541, reflecting lower interest costs and the impact of buybacks [13] - The same-property NOI margin for 2025 was 64.7%, up 50 basis points from 2024, supported by effective cost management [14] Market Conditions - The Canadian rental market is experiencing pressure from new supply and a pause in population growth, leading CAPREIT to implement targeted incentives and focus on resident retention [4][8] - Despite these challenges, occupancy remained high at 97.3% with average rent growth of 3.8% for 2025 [6][8] Turnover and Leasing Dynamics - Turnover among residents with leases under two years accounted for 48% of total turnover, with negative mark-to-market impacts, while those with longer tenures showed positive rent growth [19] - The blended rent uplift on turnover was +4.2% for 2025, indicating some resilience in pricing despite market pressures [9] Cost Management and Outlook - CAPREIT is focused on maintaining cost discipline through technology and procurement, with expected operating expense growth in 2026 aligning with inflation [17] - The company aims for 2% to 3% revenue growth, contingent on spring leasing season data, particularly in Ontario [16] Acquisition Strategy - CAPREIT remains open to acquisition opportunities, particularly joint ventures, in a market characterized by lower transaction volumes and stable cap rates [18]