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CSW Industrials Announces Date for Fiscal Third Quarter 2026 Earnings Release Conference Call
Globenewswire· 2026-01-20 13:30
DALLAS, Jan. 20, 2026 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NYSE: CSW) announced that it will release its earnings results for the fiscal third quarter ended December 31, 2025, on Thursday, January 29, 2026, before the market opens. The Company will host a conference call the same day at 10:00 am Eastern Time to discuss the results. Participants may access the call at 1-877-407-0784, international callers may use 1-201-689-8560, and request to join the CSW Industrials earnings call. A live webcast will ...
CSW Industrials Reports Record Results for Fiscal 2026 Second Quarter and First Half
Globenewswire· 2025-10-30 10:40
Core Insights - CSW Industrials reported record revenue, net income, adjusted EBITDA, and adjusted EPS for the fiscal 2026 second quarter and first half, driven by strong performance from recent acquisitions in the HVAC/R and plumbing markets [4][5][7]. Fiscal 2026 Second Quarter Highlights - Revenue for the second quarter reached $277.0 million, a 21.5% increase from the prior year, with $61.9 million or 27.2% attributed to inorganic growth from acquisitions [5][7]. - Net income attributable to CSW was $40.7 million, up 12.8% from $36.1 million, with diluted EPS increasing by 6.7% to $2.41 [7][11]. - Adjusted EBITDA grew 19.9% to $72.9 million, with an adjusted EBITDA margin of 26.3% [12][7]. Fiscal 2026 First Half Highlights - Total revenue for the first half was $540.6 million, representing a 19.0% increase from $454.1 million in the prior year [23][29]. - Net income attributable to CSW increased 9.3% to $81.6 million, with adjusted EPS rising 8.6% to $5.81 [29][30]. - Adjusted EBITDA for the first half was $141.7 million, a 12.4% increase from the previous year [30]. Segment Performance - The Contractor Solutions segment generated revenue of $208.5 million, a 31.2% increase, with inorganic growth from acquisitions offsetting a 7.7% decline in organic revenue [18][19]. - The Specialized Reliability Solutions segment reported flat revenue at $38.8 million, with operating income decreasing by 12.5% due to increased material costs [20]. - The Engineered Building Solutions segment saw a 2.3% decrease in revenue to $31.9 million, driven by market softness and strategic pricing pressures [21]. Acquisition Activity - The company announced a definitive agreement to acquire MARS Parts for $650 million, expected to close in November 2025, marking its largest acquisition to date [17][4]. - Over the past decade, CSW has invested approximately $1.7 billion in acquisitions, enhancing its product offerings [4][17]. Financial Position - The company paid down $35.0 million of debt in the quarter, resulting in a net leverage ratio of 0.12x [7]. - Operating expenses as a percentage of revenue improved to 22.5%, down from 23.0% in the prior year, reflecting better cost management [8].
CSW Industrials Reports Record Fiscal 2026 First Quarter Results
Globenewswire· 2025-07-31 10:45
Core Insights - CSW Industrials, Inc. reported record results for the fiscal 2026 first quarter, ending June 30, 2025, with significant contributions from strategic acquisitions [1][3]. Financial Performance - Fiscal 2026 first quarter revenue reached $263.6 million, marking a $37.5 million or 16.6% increase compared to the prior year [4]. - The revenue growth included $43.7 million or 19.3% from inorganic sources due to acquisitions, while organic revenue decreased by $6.2 million or 2.8% [4]. - Gross profit was $115.4 million, a 7.5% increase from $107.4 million in the previous year, but gross margin contracted by 370 basis points to 43.8% [5]. - Operating income was $54.9 million, slightly down from $55.1 million in the prior year, with an operating margin of 20.8% compared to 24.3% [7]. - Net income attributable to CSW was $40.9 million, a 6.0% increase from $38.6 million, while diluted EPS was $2.43, down 1.9% from $2.47 [9][10]. - Adjusted EPS increased by 2.5% to $2.85, excluding amortization of acquisition-related intangible assets [9][10]. - EBITDA grew by 5.3% to a record $68.7 million, with an EBITDA margin of 26.1%, down from 28.9% [11]. Segment Performance - Contractor Solutions segment revenue was $196.7 million, a 22.6% increase, driven by acquisitions, but organic revenue decreased by 4.6% [13]. - Specialized Reliability Solutions segment revenue remained flat at $36.8 million, with operating income decreasing by 26.7% to $5.2 million [14]. - Engineered Building Solutions segment revenue increased by 3.2% to $31.9 million, but operating income decreased to $4.0 million [15]. Cash Flow and Debt Management - Cash flows from operations were $60.6 million, comparable to $62.7 million in the prior year, with free cash flow at $57.7 million [12][44]. - The company paid down $40 million of debt, resulting in a net leverage ratio of 0.2x after borrowing $135 million for the Aspen acquisition [9].
CSW Industrials Announces the Commencement of Trading on the New York Stock Exchange and Ticker Symbol Change
Globenewswire· 2025-06-09 11:30
Core Points - CSW Industrials, Inc. has commenced trading on the New York Stock Exchange under the ticker symbol "CSW" starting June 9, 2025 [1] - The Executive Management Team and Board of Directors will celebrate this milestone by ringing the closing bell at the NYSE [1] Company Overview - CSW Industrials is a diversified industrial growth company operating in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions [2] - The company provides niche, value-added products characterized by performance and reliability [2] - Key end markets served include HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation [2]