CSW Industrials(CSWI)
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CSW Industrials Updates Share Repurchase Program
GlobeNewswire News Room· 2024-11-18 21:30
DALLAS, Nov. 18, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (Nasdaq: CSWI) today announced its Board of Directors authorized a new $200 million share repurchase program, which replaces the existing $100 million program. Since the commencement of CSWI’s share repurchase program in 2017, the Company has repurchased approximately 2.0 million shares for a total of $152 million. Joseph B. Armes, CSWI Chairman, Chief Executive Officer, and President commented, “This new $200 million share repurchase program e ...
CSW Industrials Deploys $40 Million of Acquisition Capital in Profitable Plumbing End Market
GlobeNewswire News Room· 2024-11-07 21:30
Investment Highlights Capital investment of $40 million for acquisition of PF Waterworks, LP, which offers innovative, eco-friendly drain management solutionsValuation represents approximately 9.5x PF Waterworks’ trailing twelve-months’ EBITDAExpected to be accretive to earnings per share in the first full year of ownership$695 million of cumulative acquisition capital investment since going public in October 2015 DALLAS, Nov. 07, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (Nasdaq: CSWI) today announced ...
CSW Industrials(CSWI) - 2025 Q2 - Earnings Call Transcript
2024-10-31 03:08
财务数据和关键指标变化 - 公司在2025财年第二季度实现了创纪录的季度收入2.28亿美元,较去年同期增长2400万美元,增幅为12% [15] - 运营现金流达到6700万美元,同比增长50% [24] - EBITDA为6100万美元,同比增长15%,EBITDA利润率提升至26.7% [17][33] - 每股收益为2.26美元,较去年同期的1.93美元增长20% [18] 各条业务线数据和关键指标变化 - 承包商解决方案部门收入为1.59亿美元,占公司总收入的70%,同比增长13.5% [19] - 专业可靠性解决方案部门收入增长5%至3850万美元,EBITDA增长13%至710万美元,EBITDA利润率提升至18.4% [21] - 工程建筑解决方案部门收入增长12%至3270万美元,EBITDA增长15%至660万美元,EBITDA利润率达到20% [23] 各个市场数据和关键指标变化 - HVAC/R、电气和管道市场的增长主要得益于单位销量的增加和正常的价格上涨 [20] - 能源、铁路运输和采矿市场的收入增长,然而一般工业市场的收入有所下降 [21] 公司战略和发展方向和行业竞争 - 公司将继续专注于收购创新公司和产品,以补充有机增长 [34] - PSP产品的收购将增强公司在电气市场的竞争力,并通过现有的分销渠道扩大产品覆盖 [46][50] 管理层对经营环境和未来前景的评论 - 管理层对未来的需求持乐观态度,认为市场份额正在增加,且没有看到任何不寻常的因素会影响未来的表现 [38] - 公司在定价能力方面充满信心,能够将成本上涨转嫁给客户 [41] 其他重要信息 - 公司在第二季度首次公开发行股票,成功筹集3.47亿美元,进一步增强了资产负债表的实力 [8][28] - 公司在2025财年第二季度结束时现金余额为2.73亿美元,且无任何债务 [11][24] 问答环节所有提问和回答 问题: 对于上半年业绩的可持续性有何看法 - 管理层认为上半年的表现没有异常,需求良好,市场份额在增加,未来的表现将保持稳定 [38] 问题: 现金流的使用计划及并购管道情况 - 管理层表示筹集的资金并未针对特定收购,而是作为未来机会的资金储备,管道依然强劲 [43][45] 问题: PSP业务的整合情况及未来前景 - PSP的整合进展顺利,财务表现良好,未来将继续通过现有渠道扩大销售 [56][52] 问题: 关于运输成本的变化 - 管理层确认运输成本仍高于预期,未来将通过价格调整来应对 [59][61] 问题: 承包商解决方案业务的客户情绪变化 - 管理层表示客户对产品的前景持乐观态度,未见显著的负面情绪 [64]
CSW Industrials (CSWI) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-10-30 20:56
CSW Industrials (CSWI) came out with quarterly earnings of $2.26 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $1.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.20%. A quarter ago, it was expected that this industrial products and coatings maker would post earnings of $2.19 per share when it actually produced earnings of $2.47, delivering a surprise of 12.79%.Over the la ...
CSW Industrials(CSWI) - 2025 Q2 - Quarterly Results
2024-10-30 18:49
财务业绩 - 总收入增长11.9%至2.279亿美元,其中6.2%为有机增长,5.7%来自最近收购的Dust Free和PSP Products[4] - 净收入增长20.0%至3610万美元[9] - 每股收益增长17.1%至2.26美元[9] - EBITDA增长14.8%至6080万美元,EBITDA利润率扩大70个基点至26.7%[10] - 经营活动产生的现金流增长49.5%至6680万美元[12] 股权融资 - 发行1.265百万股新股筹集3.474亿美元,并全额偿还了贷款[11][12] 业务分部表现 - 承包商解决方案分部收入增长13.5%,分部EBITDA利润率为33.8%[15] - 专业可靠性解决方案分部收入增长5.2%,分部EBITDA利润率为18.4%[16] - 工程建筑解决方案分部收入增长11.9%,分部EBITDA利润率为20.1%[17] - 专业可靠性解决方案分部收入增长至7530万美元,同比增长1.3%,主要由于定价行动和单位销量增加所致[28] - 专业可靠性解决方案分部营业利润增长10.0%至1300万美元,占收入17.2%,主要由于第一季度有利的存货调整以及销量增加[29] - 工程建筑解决方案分部收入增长11.9%至6360万美元,主要由于将手头订单转化为收入以及市场扩张[30] - 工程建筑解决方案分部营业利润增长24.4%至1180万美元,占收入18.6%,主要由于收入增加、毛利率改善以及管控运营费用[30] 非GAAP财务指标 - 公司提供了一些非GAAP财务指标如调整后每股收益、调整后净利润、调整后营业利润和自由现金流[38,39,40] - 公司使用经调整的每股收益、经调整的归属于CSWI的净收入、经调整的营业收入和经调整的EBITDA等非GAAP指标来评估历史和预期的经营业绩[47] - 2024年第三季度归属于CSWI的净收入为3605.1万美元,同比增长20.0%[48] - 2024年前三季度归属于CSWI的净收入为7464.4万美元,同比增长22.9%[48] - 2024年第三季度EBITDA为6082.3万美元,EBITDA利润率为26.7%[48] - 2024年前三季度EBITDA为12607.5万美元,EBITDA利润率为27.8%[52] - 2024年第三季度自由现金流为6132.8万美元,占EBITDA的100.8%[53] - 2024年前三季度自由现金流为12088.2万美元,占EBITDA的95.9%[53] - 2024年第三季度Contractor Solutions业务收入为15883.5万美元,同比增长13.5%[50] - 2024年第三季度Specialized Reliability Solutions业务收入为3853.5万美元,同比增长5.2%[50] - 2024年第三季度Engineered Building Solutions业务收入为3267.3万美元,同比增长11.9%[50] 其他 - 公司将于美东时间上午10点举行电话会议讨论业绩[32]
CSW Industrials Reports Record Fiscal 2025 Second Quarter Results
GlobeNewswire News Room· 2024-10-30 18:45
DALLAS, Oct. 30, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (Nasdaq: CSWI or the "Company") today reported record results for the fiscal 2025 second quarter period ended September 30, 2024. Fiscal 2025 Second Quarter Highlights (comparisons to fiscal 2024 second quarter) Total revenue increased 11.9% to an all-time quarterly high of $227.9 million, driven by organic growth of 6.2% and inorganic growth of 5.7% from the recent acquisitions of Dust Free and PSP Products Net income attributable to CSWI incr ...
CSW Industrials(CSWI) - 2025 Q2 - Quarterly Report
2024-10-30 18:28
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-37454 CSW INDUSTRIALS, INC. (Exact name of registrant as specified in its charter) Delaware 4 ...
CSW Industrials Announces Date for Fiscal Second Quarter 2025 Earnings Release Conference Call
GlobeNewswire News Room· 2024-10-21 20:30
DALLAS, Oct. 21, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ: CSWI) announced that it will release its earnings results for the fiscal second quarter ended September 30, 2024 on Wednesday, October 30, 2024, 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 ...
CSW Industrials Increases Quarterly Dividend by 14% to $0.24 Per Share
GlobeNewswire News Room· 2024-10-11 20:32
DALLAS, Oct. 11, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CSW Industrials, Inc. (Nasdaq: CSWI) today declared a regular quarterly cash dividend of $0.24 per share. This represents an increase of $0.03 per share, or approximately 14.3%, as compared to the declared dividend in the prior quarter. The dividend is payable on November 8, 2024, to shareholders of record as of the close of business on October 25, 2024. "We are pleased to announce another increase in our quarterly dividend. The mid-year di ...
Why CSW Industrials Stock Was Plummeting This Week
The Motley Fool· 2024-09-07 04:58
News of a fresh round of capital raising didn't go down well with the market. Share dilution is one of those stock market nightmares that keeps investors awake when they should be sleeping. Even news of fairly mild levels of dilution can lead to notable sell-offs, a situation that has been evident with the stock of CSW Industrials (CSWI -2.40%) in recent days. Week-to-date as of mid-afternoon Friday, according to data compiled by S&P Global Market Intelligence, the veteran company's stock price had fallen b ...