CSW INDUSTRIALS, INC. CSW

Healthcare SIC 2891 - Adhesives & Sealants NAICS Manufacturing › Chemical Manufacturing › Paint, Coating, and Adhesive Manufacturing › Adhesive Manufacturing derived NYSE

CSW is a diversified industrial growth company with a strategic focus on providing niche, value-added products in the end markets we serve. We operate in three business segments: Contractor Solutions, Specialized Reliability Solutions and Engineered Building Solutions. Our products include mechanical products for heating, ventilation, air conditioning and refrigeration ("HVAC/R"), plumbing products, grilles, registers and diffusers ("GRD"), building safety solutions and high-performance specialty lubricants and sealants. End markets that we serve include HVAC/R, architecturally-specified building products, plumbing, general industrial, energy, rail transportation, mining and electrical. Our manufacturing operations are concentrated in the United States ("U.S."), Vietnam and Canada, and we have distribution operations in the U.S., Australia, Canada and the United Kingdom ("U.K."). Our products are sold directly to end-users or through designated channels in over 100 countries around the world, primarily in the U.S., Canada, the U.K. and Australia.

Last close 295.82 2026-10-23
Market cap $4.82B 2026-06-30 share count
52-week range 236.66 - 355.48

Valuation FY2025 figures against the last close

P/S4.5x
P/E44.2x
P/FCF36.4x
EV/EBITDA30.7x
Dividend yield0.4%
Diluted EPS6.70

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • U.S.
  • Non-U.S.
Revenue by geography, 2 categories over 3 years. The same figures are in the table below. FY2025 U.S., FY2025: 968.6M (89.5%) 89% U.S. Non-U.S., FY2025: 113.9M (10.5%) 11% Non-U.S. FY2024 U.S., FY2024: 771M (87.8%) 88% Non-U.S., FY2024: 107.3M (12.2%) 12% FY2023 U.S., FY2023: 703.3M (88.7%) 89% Non-U.S., FY2023: 89.6M (11.3%) 11%
Region FY2025FY2024FY2023
U.S. $968.6M $771.0M $703.3M
Non-U.S. $113.9M $107.3M $89.6M

As the company reported it, from the “SEGMENTS - Schedule of Sales and Long-Lived Assets by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Revenue by segment

  • Contractor Solutions
  • Engineered Building Solutions
  • Specialized Reliability Solutions
Revenue by segment, 3 categories over 3 years. The same figures are in the table below. FY2025 Contractor Solutions, FY2025: 802.7M (74.1%) 74% Contractor Solutions Engineered Building Solutions, FY2025: 160M (14.8%) 15% Specialized Reliability Solutions, FY2025: 119.9M (11.1%) 11% FY2024 Contractor Solutions, FY2024: 609.7M (69.4%) 69% Engineered Building Solutions, FY2024: 147.5M (16.8%) 17% Specialized Reliability Solutions, FY2024: 121.1M (13.8%) 14% FY2023 Contractor Solutions, FY2023: 528.6M (66.7%) 67% Engineered Building Solutions, FY2023: 149.5M (18.9%) 19% Specialized Reliability Solutions, FY2023: 114.7M (14.5%) 14%
Segment FY2025FY2024FY2023
Contractor Solutions $802.7M $609.7M $528.6M
Engineered Building Solutions $160.0M $147.5M $149.5M
Specialized Reliability Solutions $119.9M $121.1M $114.7M

As the company reported it, from the “REVENUE RECOGNITION - Schedule of Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.08B$878.3M$792.8M$757.9M$626.4M$419.2M$385.9M$350.2M$326.2M$287.5M
Cost of revenue $628.9M$485.0M$442.1M$439.7M$370.5M$234.7M$209.0M$188.8M$178.3M$158.5M
Gross profit $453.7M$393.3M$350.7M$318.2M$256.0M$184.6M$176.8M$161.4M$147.9M$129.0M
R&D $5.8M$5.3M$5.9M$4.8M——————
SG&A $269.5M$212.1M$190.1M$179.1M$158.6M$125.3M$110.0M$100.9M$98.3M$95.6M
Operating income $168.5M$181.2M$159.1M$139.1M$97.4M$59.2M$65.9M$60.4M$49.7M$32.0M
Pre-tax income $145.6M$180.1M$140.5M$125.9M$91.5M$50.9M$57.4M$61.4M$48.2M$32.2M
Income tax $32.7M$42.6M$37.9M$29.3M$24.1M$10.8M$12.7M$15.4M$15.6M$14.4M
Net income $112.0M$136.7M$102.5M$96.6M$67.3M$40.1M$45.7M$45.6M-$11.9M$11.1M
EPS, basic 6.738.416.546.224.212.673.042.96-0.760.70
EPS, diluted 6.708.386.526.204.202.653.012.93-0.760.70
Shares, diluted (wtd. avg.) 16.7M16.3M15.6M15.5M15.8M15.1M15.2M15.5M15.7M15.8M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $33.8M$225.8M$22.2M$18.5M$16.6M$10.1M$18.3M$26.7M$11.7M$23.1M
Receivables $210.3M$155.7M$142.7M$122.8M$122.8M$96.7M$74.9M$66.1M$63.4M$59.8M
Inventory $309.7M$194.9M$150.7M$161.6M$150.1M$102.7M$58.6M$51.4M$43.0M$43.7M
Total current assets $589.1M$592.9M$331.4M$323.1M$300.1M$219.1M$150.0M$151.3M$127.6M$147.0M
Property, plant and equipment $107.5M$93.4M$92.8M$88.2M$87.0M$82.6M$57.2M$53.6M$54.5M$56.8M
Goodwill $632.6M$264.1M$247.2M$242.7M$224.7M$218.8M$91.7M$86.3M$81.8M$80.9M
Other intangibles $900.1M$357.9M$318.8M$318.9M$300.8M$283.1M$46.2M$50.5M$53.1M$59.3M
Total assets $2.32B$1.38B$1.04B$1.04B$995.4M$879.5M$374.1M$352.6M$340.8M$398.4M
Accounts payable $76.9M$54.8M$48.4M$40.7M$47.8M$32.4M$22.0M$19.0M$16.8M$10.4M
Short-term debt $29.5M$0$0$0$561.0K$561.0K$561.0K$561.0K$561.0K$561.0K
Total current liabilities $226.9M$147.2M$115.8M$108.0M$117.4M$82.7M$59.1M$49.2M$44.9M$38.5M
Long-term debt $839.8M$0$166.0M$253.0M$252.2M$241.8M$10.3M$30.9M$23.5M$72.6M
Total liabilities $1.25B$286.6M$408.2M$499.3M$510.9M$464.1M$92.5M$88.9M$75.1M$126.0M
Retained earnings $799.0M$705.0M$583.1M$493.3M$407.5M$350.7M$318.7M$277.6M$233.7M$245.0M
Total equity $1.05B$1.07B$615.7M$525.7M$469.1M$415.4M$280.4M$267.5M$265.8M$272.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $149.7M$168.4M$164.3M$121.5M$69.1M$66.3M$69.9M$59.7M$43.2M$39.0M
Depreciation and amortisation $15.9M$14.2M$14.0M$35.0M$36.4M$22.7M$14.6M$13.8M$14.9M$13.8M
Capital expenditure $17.3M$16.3M$16.6M$14.0M$15.7M$8.8M$11.4M$7.5M$5.5M$6.9M
Investing cash flow -$1.04B-$102.2M-$42.5M-$69.7M-$51.5M-$289.9M-$20.4M-$3.1M-$4.5M-$26.0M
Financing cash flow $701.5M$138.0M-$117.0M-$49.3M-$13.0M$214.0M-$57.2M-$39.3M-$51.5M-$15.3M
Dividends paid $18.0M$14.6M$11.8M$10.6M$9.5M$8.1M$8.1M$0$0$0
Buybacks $132.7M$27.7M$15.3M$39.1M$19.3M$10.5M$28.5M$46.7M$2.2M$1.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-306099.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -500M 0 500M 1B 1.5B Revenue, FY2016: 287.5M Gross profit, FY2016: 129M Net income, FY2016: 11.1M Revenue, FY2017: 326.2M Gross profit, FY2017: 147.9M Net income, FY2017: -11.9M Revenue, FY2018: 350.2M Gross profit, FY2018: 161.4M Net income, FY2018: 45.6M Revenue, FY2019: 385.9M Gross profit, FY2019: 176.8M Net income, FY2019: 45.7M Revenue, FY2020: 419.2M Gross profit, FY2020: 184.6M Net income, FY2020: 40.1M Revenue, FY2021: 626.4M Gross profit, FY2021: 256M Net income, FY2021: 67.3M Revenue, FY2022: 757.9M Gross profit, FY2022: 318.2M Net income, FY2022: 96.6M Revenue, FY2023: 792.8M Gross profit, FY2023: 350.7M Net income, FY2023: 102.5M Revenue, FY2024: 878.3M Gross profit, FY2024: 393.3M Net income, FY2024: 136.7M Revenue, FY2025: 1.1B Gross profit, FY2025: 453.7M Net income, FY2025: 112M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $287.5M $326.2M $350.2M $385.9M $419.2M $626.4M $757.9M $792.8M $878.3M $1.08B
Gross profit $129.0M $147.9M $161.4M $176.8M $184.6M $256.0M $318.2M $350.7M $393.3M $453.7M
Net income $11.1M -$11.9M $45.6M $45.7M $40.1M $67.3M $96.6M $102.5M $136.7M $112.0M

Recent filings and events

  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 2891

TickerCompanyMarket capP/ERevenue growth
FUL FULLER H B CO $2.67B 18.0x -2.7%