Enpro Inc. NPO

Industrials SIC 3050 - Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose NAICS Manufacturing › Plastics and Rubber Products Manufacturing › Rubber Product Manufacturing › Other Rubber Product Manufacturing › Rubber Product Manufacturing for Mechanical Use derived NYSE

Enpro was incorporated under the laws of the State of North Carolina on January 11, 2002, as a wholly owned subsidiary of Goodrich Corporation ("Goodrich"). The incorporation was organized in connection with Goodrich's spin-off of its Engineered Industrial Products segment effected, by a distribution of the Company's common stock to existing Goodrich shareholders. The distribution took place on May 31, 2002.

Today, Enpro Inc. is a leading-edge industrial technology company focused on critical applications across a diverse group of growing end markets including semiconductor, industrial process, commercial vehicle, sustainable power generation, aerospace, food and biopharmaceuticals, photonics and life sciences. Enpro is a leader in applied engineering and designs, develops, manufactures, and markets proprietary, value-added products and solutions that generally have a specified position on a critical application, contributing key functionality with the purpose of safeguarding a variety of critical environments. Over the past several years, we have executed several strategic initiatives to create a portfolio of businesses that offers proprietary, industrial technology-related products and solutions with high barriers to entry, compelling margins, strong cash flow, and perpetual recurring/aftermarket revenue in markets with favorable secular tailwinds. These initiatives, which include those described in "Acquisitions" and "Dispositions" below, have broadened our capabilities to provide critical solutions in growing semiconductor, life sciences, and test and measurement industries, in addition to the other diverse markets we serve. As of December 31, 2025, our continuing operations had 15 primary manufacturing and service facility locations (approximately 50,000 square feet or larger) located in 8 countries, including the United States.

Last close 267.72 2026-10-23
Market cap $5.67B 2026-06-30 share count
52-week range 202.00 - 390.42

Valuation FY2025 figures against the last close

P/S5.0x
P/E140.2x
P/FCF35.6x
EV/EBITDA23.5x
Dividend yield0.5%
Diluted EPS1.91

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

Revenue by geography

  • United States
  • Asia Pacific
  • Europe
  • Rest of World
Revenue by geography, 4 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 647.1M (56.6%) 57% United States Asia Pacific, FY2025: 247.3M (21.6%) 22% Asia Pacific Europe, FY2025: 162.4M (14.2%) 14% Europe Rest of World, FY2025: 86.5M (7.6%) 8% FY2024 United States, FY2024: 601.7M (57.4%) 57% Asia Pacific, FY2024: 210.1M (20.0%) 20% Europe, FY2024: 152.4M (14.5%) 15% Rest of World, FY2024: 84.5M (8.1%) 8% FY2023 United States, FY2023: 640.3M (60.4%) 60% Asia Pacific, FY2023: 183.1M (17.3%) 17% Europe, FY2023: 149.6M (14.1%) 14% Rest of World, FY2023: 86.3M (8.1%) 8%
Region FY2025FY2024FY2023
United States $647.1M $601.7M $640.3M
Asia Pacific $247.3M $210.1M $183.1M
Europe $162.4M $152.4M $149.6M
Rest of World $86.5M $84.5M $86.3M

As the company reported it, from the “Business Segment Information - Schedule of Net Sales by Geographical Area (Detail)” 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”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.14B$1.05B$1.06B$1.10B$840.4M$800.0M$1.21B$1.27B$1.10B$1.19B
Cost of revenue $655.8M$603.9M$632.5M$675.9M$512.3M$514.5M$801.9M$855.6M$716.0M$791.9M
Gross profit $487.5M$444.8M$426.8M$423.3M$328.1M$285.5M$403.8M$418.5M$385.4M$395.8M
R&D $13.3M$10.9M$9.5M$10.1M$9.8M$9.4M$20.6M$22.9M$24.5M$28.9M
SG&A $323.4M$296.3M$284.2M$282.8M$260.3M$230.2M$314.9M$311.6M$298.3M$302.7M
Total operating expenses $325.9M$302.5M$350.0M$351.1M$262.7M$256.4M$347.2M$332.7M$315.2M$398.3M
Operating income $161.6M$142.3M$76.8M$72.2M$65.4M$29.1M$56.6M$85.8M$70.2M-$2.5M
Interest expense $34.0M$40.9M$45.0M$35.6M$16.2M$16.5M$19.6M$28.5M$50.9M$55.9M
Pre-tax income $57.6M$94.4M$37.7M$28.3M$66.0M-$23.5M$4.3M$15.1M$546.0M-$68.7M
Income tax $17.1M$21.5M$30.8M$24.4M$8.7M$2.5M$3.5M$19.8M$28.1M$28.6M
Net income $40.5M$72.9M$22.2M$205.1M$177.9M$177.6M$38.3M$19.6M$539.8M-$40.1M
EPS, basic 1.923.481.069.868.648.641.860.9425.28-1.86
EPS, diluted 1.913.451.059.838.578.641.850.9424.76-1.86
Shares, diluted (wtd. avg.) 21.2M21.1M21.0M20.9M20.8M20.5M20.8M20.9M21.8M21.6M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $114.7M$236.3M$369.8M$334.4M$338.1M$229.5M$121.2M$129.6M$189.3M$111.5M
Inventory $153.8M$138.8M$142.6M$151.9M$135.9M$139.1M$157.1M$174.2M$204.1M$175.4M
Total current assets $437.7M$512.3M$650.3M$684.2M$804.7M$579.0M$749.5M$732.1M$819.6M$524.9M
Property, plant and equipment $221.5M$193.2M$193.8M$185.2M$184.3M$195.0M$218.8M$234.3M$296.9M$215.4M
Goodwill $1.06B$896.2M$808.4M$863.8M$948.0M$605.1M$485.3M$322.1M$324.1M$201.5M
Total assets $2.66B$2.49B$2.50B$2.65B$2.97B$2.08B$2.04B$1.72B$1.89B$1.55B
Accounts payable $71.6M$66.0M$68.7M$73.4M$72.0M$69.8M$82.7M$96.4M$130.7M$102.9M
Short-term debt $200.0K$16.0M$8.1M$15.6M$12.7M$3.8M$4.1M$2.4M$200.0K$200.0K
Total current liabilities $188.7M$198.0M$196.4M$211.5M$386.3M$202.0M$313.6M$292.0M$268.1M$303.0M
Long-term debt $655.1M$624.1M$638.7M$775.1M$963.9M$487.5M$625.2M$462.5M$618.3M$424.8M
Total liabilities $1.12B$1.06B$1.07B$1.23B$1.65B$956.7M$1.12B$858.1M$983.3M$1.19B
Retained earnings $1.19B$1.18B$1.13B$1.13B$953.1M$794.8M$632.2M$603.3M$604.4M$84.0M
Total equity $1.54B$1.43B$1.41B$1.40B$1.27B$1.08B$896.6M$857.7M$902.8M$358.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $201.2M$162.9M$208.4M$106.1M$124.1M$42.1M$130.8M$212.8M$35.2M$64.5M
Depreciation and amortisation $102.8M$100.3M$94.5M$103.1M$63.8M$56.6M$67.9M$66.1M$58.6M$57.1M
Stock-based compensation $13.5M$12.0M$9.8M$6.5M$5.0M$5.4M$6.8M$6.5M$9.5M$5.1M
Capital expenditure $42.0M$29.1M$33.9M$29.4M$14.9M$13.4M$21.6M$36.1M$30.3M$35.8M
Investing cash flow -$316.9M-$241.5M-$7.4M$302.7M-$647.4M$221.4M-$331.1M$1.1M-$89.5M-$61.4M
Financing cash flow -$17.4M-$50.5M-$170.9M-$402.1M$618.2M-$167.3M$123.8M-$252.4M$118.5M$22.0M
Dividends paid $26.2M$25.3M$24.3M$23.4M$22.4M$21.7M$20.9M$20.3M$19.0M$18.1M
Buybacks ————$0$5.3M$15.0M$50.0M$11.5M$30.4M

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 0001628280-26-009798.

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: 1.2B Gross profit, FY2016: 395.8M Net income, FY2016: -40.1M Revenue, FY2017: 1.1B Gross profit, FY2017: 385.4M Net income, FY2017: 539.8M Revenue, FY2018: 1.3B Gross profit, FY2018: 418.5M Net income, FY2018: 19.6M Revenue, FY2019: 1.2B Gross profit, FY2019: 403.8M Net income, FY2019: 38.3M Revenue, FY2020: 800M Gross profit, FY2020: 285.5M Net income, FY2020: 177.6M Revenue, FY2021: 840.4M Gross profit, FY2021: 328.1M Net income, FY2021: 177.9M Revenue, FY2022: 1.1B Gross profit, FY2022: 423.3M Net income, FY2022: 205.1M Revenue, FY2023: 1.1B Gross profit, FY2023: 426.8M Net income, FY2023: 22.2M Revenue, FY2024: 1B Gross profit, FY2024: 444.8M Net income, FY2024: 72.9M Revenue, FY2025: 1.1B Gross profit, FY2025: 487.5M Net income, FY2025: 40.5M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.19B $1.10B $1.27B $1.21B $800.0M $840.4M $1.10B $1.06B $1.05B $1.14B
Gross profit $395.8M $385.4M $418.5M $403.8M $285.5M $328.1M $423.3M $426.8M $444.8M $487.5M
Net income -$40.1M $539.8M $19.6M $38.3M $177.6M $177.9M $205.1M $22.2M $72.9M $40.5M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • 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
  • Officer or director change Item 5.02
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • 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

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.