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CSW

CSW Industrials, Inc.

CSW

CSW Industrials, Inc. • NYSE
$271.87 ▼ -0.03% (-0.07)
Market Cap $4.56 B
52w High $425.16
52w Low $230.45
Dividend Yield 1.08%
P/E 32.06
Volume 82.34K
Outstanding Shares 16.79M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $276.951M ▲ $62.205M ▲ $40.656M ▼ 14.68% ▼ $2.42 ▼ $70.107M ▲
Q1-2026 $263.646M ▲ $60.566M ▲ $40.925M ▲ 15.523% ▲ $2.43 ▲ $68.744M ▲
Q4-2025 $230.549M ▲ $56.84M ▲ $35.062M ▲ 15.208% ▲ $2.09 ▲ $55.681M ▲
Q3-2025 $193.649M ▼ $49.411M ▼ $26.948M ▼ 13.916% ▼ $1.6 ▼ $41.342M ▼
Q2-2025 $227.926M $52.352M $36.051M 15.817% $2.27 $60.633M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $31.471M ▼ $1.518B ▼ $369.396M ▼ $1.13B ▲
Q1-2026 $37.99M ▼ $1.536B ▲ $405.658M ▲ $1.11B ▲
Q4-2025 $225.845M ▲ $1.379B ▲ $286.632M ▲ $1.072B ▲
Q3-2025 $213.754M ▼ $1.35B ▼ $285.978M ▼ $1.044B ▲
Q2-2025 $273.22M $1.359B $308.947M $1.03B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $40.656M ▼ $61.826M ▲ $-4.721M ▲ $-63.283M ▼ $-6.519M ▲ $58.746M ▲
Q1-2026 $41.171M ▲ $60.641M ▲ $-326.718M ▼ $78.424M ▲ $-187.855M ▼ $57.737M ▲
Q4-2025 $35.055M ▲ $27.293M ▲ $-3.648M ▲ $-11.871M ▲ $12.091M ▲ $22.762M ▲
Q3-2025 $27.216M ▼ $11.6M ▼ $-57.224M ▼ $-12.679M ▼ $-59.466M ▼ $8.452M ▼
Q2-2025 $36.622M $66.814M $-38.068M $224.75M $254.368M $61.328M

Revenue by Products

Product Q1-2018Q2-2018Q3-2018Q4-2018
Industrial Products
Industrial Products
 $50.00M ▲$50.00M ▲$40.00M ▼$50.00M ▲
Specialty Chemicals
Specialty Chemicals
 $20.00M ▲$20.00M ▲$30.00M ▲$70.00M ▲
Coatings Sealants and Adhesives
Coatings Sealants and Adhesives
 $20.00M ▲$20.00M ▲$0 ▼$0 ▲

Five-Year Company Overview

Income Statement

Income Statement CSW Industrials shows a pattern of steady, healthy growth. Revenue has climbed strongly over the past several years, and profits have risen even faster than sales, which suggests improving efficiency and pricing power. Margins have widened, meaning more of each dollar of revenue is dropping to operating income and net income. Earnings per share have grown meaningfully, helped both by better profitability and disciplined cost control. Overall, the income statement reflects a mature, profitable industrial business that is executing well, not just growing for growth’s sake.

Balance Sheet

Balance Sheet The balance sheet looks progressively stronger over time. Total assets have expanded, but equity has grown even faster, indicating that growth is being funded in a relatively conservative way. Debt levels have come down from earlier years, and cash holdings have risen sharply most recently, leaving the company in a more flexible and resilient financial position. This combination—more equity, less reliance on borrowings, and more cash—gives CSW Industrials room to absorb shocks and pursue new opportunities. The main watchpoint is how the company deploys this balance sheet strength through future acquisitions and investments.

Cash Flow

Cash Flow Cash generation lines up well with the improvement seen in earnings. Operating cash flow has gradually increased and free cash flow has stayed consistently positive, which is an important sign that reported profits are backed by real cash. Capital spending has been relatively modest and stable, suggesting the core business is not excessively capital intensive. The company appears to be generating more than enough cash to fund its investments, with room left over for debt reduction or other corporate uses. The key question going forward is how much cash will be needed to integrate and support new acquisitions versus being available for other uses.

Competitive Edge

Competitive Edge CSW Industrials occupies leadership positions in a series of specialized industrial niches rather than competing head‑to‑head in broad commodity markets. Its brands in contractor solutions, lubricants, and engineered building products are well known to professionals, where reliability and performance matter more than the lowest price. Long-standing customer relationships, proprietary product formulations, and a deep distribution network create meaningful barriers for new entrants. The company also benefits from serving multiple end markets—HVAC, industrial, rail, infrastructure, and construction—providing some diversification. The main competitive risks are potential economic slowdowns in construction and industrial activity, and the ongoing need to keep product performance clearly ahead of lower-cost alternatives.

Innovation and R&D

Innovation and R&D Innovation at CSW Industrials is a blend of in‑house product development and acquired technologies. Historically, the company has a track record of solving technical, real‑world problems for contractors, such as in HVAC treatment and specialty sealants. More recently, growth in innovation has come through acquisitions that bring in advanced products—such as high‑performance HVAC components, specialized lubricants, and infrastructure‑related fluids—rather than solely from internal R&D labs. Management focuses on adding businesses with proprietary technologies and strong brands and then enhancing them through cross‑selling and product extensions. The main dependency is on continuing to find and successfully integrate attractive targets, and on making sure the combined portfolio continues to generate new, differentiated products rather than stagnating.

Summary

Overall, CSW Industrials presents as a steadily growing, consistently profitable industrial company with an increasingly strong financial foundation. It has carved out defensible positions in attractive, niche markets where performance and reliability support premium pricing, and it has used acquisitions to deepen its portfolio and extend its reach. Profitability, cash generation, and the balance sheet have all moved in a favorable direction, giving the company options for future growth. The key opportunities lie in further leveraging its brands, distribution, and acquired technologies, especially in HVAC, infrastructure, and reliability solutions. The key risks center on integrating recent and future acquisitions, managing through industrial and construction cycles, and sustaining innovation so that its niche leadership positions remain durable over time.

NEWS

November 21, 2025 · 9:15 AM UTC

CSW Industrials Deploys Over $26.5 Million on Acquisitions Within the Specialized Reliability Solutions Segment, Diversifying Our End Markets

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November 4, 2025 · 1:00 PM UTC

CSW Industrials Completes Previously Announced Accretive, Complementary, and Synergistic Acquisition of Motors & Armatures Parts

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October 20, 2025 · 8:30 AM UTC

CSW Industrials Announces Date for Fiscal Second Quarter 2026 Earnings Release Conference Call

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October 17, 2025 · 8:30 AM UTC

CSW Industrials Declares Quarterly Dividend of $0.27 Per Share

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October 1, 2025 · 8:36 AM UTC

MOTORS & ARMATURES TO SELL PARTS DIVISION TO CSW INDUSTRIALS FOR $650 MILLION

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