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ESCO Technologies Inc.

ESE

ESCO Technologies Inc. • NYSE
$212.91 ▼ -0.01% (-0.02)
Market Cap $5.50 B
52w High $229.46
52w Low $127.17
Dividend Yield 0.32%
P/E 47.42
Volume 101.10K
Outstanding Shares 25.82M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $352.674M ▲ $63.333M ▲ $218.652M ▲ 61.998% ▲ $8.43 ▲ $44.854M ▲
Q3-2025 $296.344M ▲ $62.042M ▲ $26.065M ▼ 8.796% ▼ $1.01 ▼ $40.99M ▼
Q2-2025 $265.519M ▲ $58.163M ▼ $31.033M ▲ 11.688% ▲ $1.2 ▲ $56.668M ▲
Q1-2025 $247.026M ▼ $58.784M ▼ $23.473M ▼ 9.502% ▼ $0.91 ▼ $46.005M ▼
Q4-2024 $298.533M $68.214M $34.263M 11.477% $1.33 $64.112M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $101.35M ▲ $2.395B ▼ $830.941M ▼ $1.564B ▲
Q3-2025 $78.716M ▲ $2.526B ▲ $1.2B ▲ $1.327B ▲
Q2-2025 $57.397M ▼ $1.816B ▲ $538.334M ▼ $1.277B ▲
Q1-2025 $71.284M ▲ $1.795B ▼ $558.131M ▼ $1.237B ▼
Q4-2024 $65.963M $1.839B $601.27M $1.237B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $26.065M ▼ $73.727M ▲ $-489.385M ▼ $434.875M ▲ $21.419M ▲ $21.164M ▲
Q2-2025 $31.033M ▲ $24.101M ▼ $-13.02M ▼ $-26.181M ▼ $-13.887M ▼ $13.959M ▼
Q1-2025 $23.473M ▼ $34.174M ▼ $-7.795M ▲ $-18.095M ▲ $5.321M ▲ $28.966M ▼
Q4-2024 $34.263M ▲ $72.088M ▲ $-14.751M ▼ $-56.074M ▼ $2.921M ▼ $57.337M ▲
Q3-2024 $29.23M $36.217M $-11.496M $-20.953M $3.606M $24.925M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Aerospace And Defense
Aerospace And Defense
 $120.00M ▲$110.00M ▼$120.00M ▲$140.00M ▲
R F Shielding And Test
R F Shielding And Test
 $70.00M ▲$50.00M ▼$50.00M ▲$70.00M ▲
Utility Solutions
Utility Solutions
 $110.00M ▲$90.00M ▼$90.00M ▲$90.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue and profits have been climbing steadily over the past several years, suggesting a healthy, growing business rather than a volatile one. Profitability has improved as the company seems to be turning a larger share of its sales into operating income and net income, which points to good cost control and operating leverage. Earnings per share have also risen at a solid pace, helped by both higher profits and stable share count. Overall, the income statement shows a mature industrial technology company with consistent growth and improving margins, not a boom‑and‑bust profile. Key uncertainties are how sustainable this growth pace is and how sensitive it may be to swings in aerospace, defense, and utility spending cycles.

Balance Sheet

Balance Sheet The balance sheet looks reasonably solid, with total assets and shareholders’ equity steadily increasing, suggesting that the business is building its asset base and retaining earnings over time. Debt levels are present but modest relative to the size of the company, and they have been edging down, which reduces financial risk. Cash balances move around from year to year, likely reflecting acquisition activity, working capital swings, or timing of large projects, but there is no sign of stress. Overall, the company appears to be financed conservatively, with a clear equity cushion and manageable leverage, though investors should watch for any sharp rise in debt tied to future deals or large capital projects.

Cash Flow

Cash Flow The company has generated positive operating cash flow every year, which is a key sign that reported profits are backed by real cash generation. Free cash flow has also been positive consistently, even after ongoing investment in equipment and facilities. These outlays for capital spending seem disciplined and stable rather than aggressive, which fits a business focused on specialized engineering and manufacturing rather than massive plant builds. There is some year‑to‑year variability in cash flow, likely tied to the timing of customer orders, inventory and receivables, but the underlying pattern is that the business funds itself and has room to reinvest and return capital. The main watchpoint is whether working capital needs grow faster than sales as the company scales.

Competitive Edge

Competitive Edge ESCO operates in narrow, technically demanding niches rather than broad, highly commoditized markets. Its parts and systems are often built directly into aircraft, naval platforms, power grid equipment, and RF test setups where reliability and certification really matter. That creates high switching costs for customers and often results in long product lifecycles once ESCO is designed into a platform. The company also benefits from complex regulatory and testing requirements that make it harder for new entrants to displace established suppliers. Long‑standing relationships with defense contractors, utilities, and electronics manufacturers, plus a global footprint, reinforce this moat. The flip side is that ESCO is exposed to budget decisions and program cycles in a few specialized end markets, which can make growth uneven if a major program is delayed or cancelled.

Innovation and R&D

Innovation and R&D Innovation at ESCO is more about deep engineering and incremental improvement than headline‑grabbing breakthroughs. In aerospace and defense, it focuses on high‑performance filtration, fluid control, and stealth‑related materials that must operate reliably under harsh conditions. In utility diagnostics, it leans on proprietary algorithms, testing equipment, and software platforms that help utilities monitor the health of critical grid assets. In RF test and measurement, it designs sophisticated chambers and measurement systems that keep up with rapidly evolving electronics and wireless standards. Across these segments, the company emphasizes customization, application engineering, and integrated solutions rather than off‑the‑shelf products. Future innovation seems geared toward software, data analytics, and more complex system offerings, especially around the energy transition, 5G, and defense modernization, though the timing and payoff of these efforts remain uncertain.

Summary

Overall, ESCO Technologies presents as a steadily growing, specialized industrial technology company with improving profitability, a solid balance sheet, and consistently positive cash generation. Its edge comes from mission‑critical, highly engineered products, strong customer relationships, regulatory barriers, and a reputation for reliability in demanding end markets. The company appears well positioned to benefit from long‑term trends in defense spending, grid modernization, and the proliferation of electronic and connected devices. Key risks center on exposure to government and utility budgets, the cyclical nature of large capital projects, and the execution needed to deliver on its ambitious earnings growth targets and integration of acquisitions. The story is one of disciplined, niche engineering strength rather than rapid, high‑volatility tech disruption.

NEWS

November 20, 2025 · 4:15 PM UTC

ESCO Reports Fourth Quarter And Fiscal 2025 Results

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October 29, 2025 · 8:45 AM UTC

Green Rain Energy Holdings Inc. (OTC:$GREH) Accelerates Expansion with $400K EV Infrastructure Incentive and Launch of Tempe Hilton Project - Showcasing Debt-Free ESCO Model Amid Explosive Sector Growth

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October 23, 2025 · 7:30 AM UTC

ESE Entertainment Asset Bombee Signs $1.74M Production Agreement

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October 22, 2025 · 4:15 PM UTC

ESCO Technologies Announces Fourth Quarter 2025 Earnings Release and Conference Call

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October 22, 2025 · 8:30 AM UTC

Green Rain Energy Holdings Inc. (OTCID: $GREH) Secures $400K Utility Incentive for Rochester EV Project, Advances Debt-Free ESCO Model as Industry Growth Accelerates

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