CSWI · Csw Industrials, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Annual Quarterly

Income Statement

Line item	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Revenue	$1.08B	$878.30M	$792.84M	$757.90M	$626.43M	$419.20M
Cost of Revenue	$628.87M	$484.99M	$442.10M	$439.69M	$370.47M	$234.41M
Gross Profit	$453.68M	$393.31M	$350.75M	$318.21M	$255.96M	$184.80M
R&D	$5.80M	$5.90M	-	-	-	-
SG&A	$269.52M	$212.06M	$191.63M	$179.15M	$158.58M	$125.33M
Total Operating Expenses	-	-	-	-	-	-
D&A	$15.91M	$42.22M	$38.29M	$34.96M	$36.41M	$23.04M
Operating Income	$168.53M	$181.25M	$159.12M	$139.07M	$97.38M	$59.47M
Interest Expense	-	-	-	-	-	-
Income Tax	$32.71M	$42.63M	$37.94M	$29.34M	$24.15M	$10.83M
Net Income	$112.05M	$136.65M	$101.65M	$96.44M	$66.39M	$40.29M
EPS - Basic	$6.73	$8.41	$6.54	$6.22	$4.21	$2.68
EPS - Diluted	$6.70	$8.38	$6.52	$6.20	$4.20	$2.66

Balance Sheet

Line item	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Cash & Equivalents	$33.80M	$225.84M	$22.16M	$18.45M	$16.62M	$10.09M
Accounts Receivable	$210.26M	$155.65M	$142.66M	$122.75M	$122.80M	$96.69M
Inventory	$309.71M	$194.88M	$150.75M	$161.57M	$150.11M	$98.09M
Accounts Payable	$76.93M	$54.77M	$48.39M	$40.65M	$47.84M	$32.44M
Current Assets	$589.07M	$592.86M	$331.41M	$323.06M	$300.15M	$214.55M
Total Assets	$2.32B	$1.38B	$1.04B	$1.04B	$995.36M	$874.96M
Current Liabilities	$226.92M	$147.20M	$115.84M	$108.04M	$117.40M	$82.75M
Long-term Debt	$839.84M	$0	$166.00M	$253.00M	$252.21M	$241.78M
Total Liabilities	$1.25B	$286.63M	$408.25M	$499.31M	$510.95M	$462.94M
Stockholders' Equity	$1.05B	$1.07B	$615.72M	$525.67M	$469.09M	$412.01M
Retained Earnings	$798.96M	$705.03M	$583.08M	$493.32M	$407.52M	$347.23M

Cash Flow

Line item	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Operating Cash Flow	$149.65M	$168.36M	$164.33M	$121.45M	$69.09M	$66.25M
Investing Cash Flow	($1.04B)	($102.22M)	($45.45M)	($72.17M)	($51.46M)	($289.89M)
Financing Cash Flow	$701.47M	$138.05M	($114.07M)	($46.84M)	($13.04M)	$214.05M
CapEx	$17.26M	$16.27M	$16.57M	$13.95M	$15.65M	$8.83M
Free Cash Flow	$132.40M	$152.10M	$147.76M	$107.50M	$53.44M	$57.42M

Ratios

Metric	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Profitability
Gross margin	41.9%	44.8%	44.2%	42.0%	40.9%	44.1%
Operating margin	15.6%	20.6%	20.1%	18.3%	15.5%	14.2%
EBITDA margin	17.0%	25.4%	24.9%	23.0%	21.4%	19.7%
Net margin	10.4%	15.6%	12.8%	12.7%	10.6%	9.6%
Free cash flow margin	12.2%	17.3%	18.6%	14.2%	8.5%	13.7%
FCF / Net income	1.18	1.11	1.45	1.11	0.80	1.43
R&D / Revenue	0.5%	0.7%	-	-	-	-
SG&A / Revenue	24.9%	24.1%	24.2%	23.6%	25.3%	29.9%
Effective tax rate	22.6%	23.8%	27.2%	23.3%	26.7%	21.2%
Return on assets	4.8%	9.9%	9.7%	9.2%	6.7%	4.6%
Return on equity	10.7%	12.7%	16.5%	18.3%	14.2%	9.8%
Return on invested capital	6.9%	12.9%	14.8%	13.7%	9.9%	7.2%
Liquidity
Current ratio	2.60	4.03	2.86	2.99	2.56	2.59
Quick ratio	1.23	2.70	1.56	1.49	1.28	1.41
Cash ratio	0.15	1.53	0.19	0.17	0.14	0.12
Leverage
Debt / Equity	0.80	0.00	0.27	0.48	0.54	0.59
Debt / Assets	0.36	0.00	0.16	0.24	0.25	0.28
Debt / EBITDA	4.55	0.00	0.84	1.45	1.89	2.93
Interest coverage	-	-	-	-	-	-
Equity multiplier	2.21	1.29	1.69	1.98	2.12	2.12
Liabilities / Assets	0.54	0.21	0.39	0.48	0.51	0.53
Efficiency
Asset turnover	0.47	0.64	0.76	0.73	0.63	0.48
Inventory turnover	2.03	2.49	2.93	2.72	2.47	2.39
Days sales outstanding	71d	65d	66d	59d	72d	84d
Days inventory outstanding	180d	147d	124d	134d	148d	153d
Days payable outstanding	45d	41d	40d	34d	47d	51d
Cash conversion cycle	206d	170d	150d	159d	172d	186d
Valuation
P / E	-	-	-	-	-	-
P / B	-	-	-	-	-	-
P / S	-	-	-	-	-	-
EV / EBITDA	-	-	-	-	-	-
Growth
Revenue growth (YoY)	23.3%	10.8%	4.6%	21.0%	49.4%	8.6%
Revenue CAGR (3y)	12.6%	11.9%	23.7%	25.2%	29.6%	8.7%
Revenue CAGR (5y)	20.9%	17.9%	22.5%	18.4%	13.9%	5.6%
Gross profit growth (YoY)	15.3%	12.1%	10.2%	24.3%	38.5%	4.4%
Operating income growth (YoY)	-7.0%	13.9%	14.4%	42.8%	63.7%	-10.0%
Net income growth (YoY)	-18.0%	34.4%	5.4%	45.3%	64.8%	-12.2%
EPS growth (YoY)	-20.0%	28.5%	5.2%	47.6%	57.9%	-11.9%
EPS CAGR (3y)	2.6%	25.9%	34.8%	27.1%	12.8%	-
EPS CAGR (5y)	20.3%	22.6%	17.3%	-	43.1%	10.4%
FCF growth (YoY)	-13.0%	2.9%	37.4%	101.2%	-6.9%	-1.8%
FCF CAGR (5y)	18.2%	21.1%	23.1%	24.5%	12.5%	13.5%
Book value growth (YoY)	-2.0%	74.1%	17.1%	12.1%	13.9%	48.9%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2026-03-31.

Business segments

$1.36B total

Contractor Solutions Segment$802.70M · 58.9%

Specialized Building Solutions$159.95M · 11.7%

Specialized Reliability Solutions Segment$159.95M · 11.7%

Engineered Building Solutions Segment$119.89M · 8.8%

Engineered Reliability Solutions$119.89M · 8.8%

Product / service

$908.31M total

Book And Ship$802.70M · 88.4%

Build To Order$105.61M · 11.6%

Geographic

$1.08B total

US$968.63M · 89.5%

Non Us$113.92M · 10.5%

Stability scores

Altman Z′

FY 2026 · bankruptcy risk

1.45

Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2026 · 9-point quality

3/9

Weak

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✗Long-term debt decreased
✗Current ratio improved
✗No share dilution
✗Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Adhesives & Sealants

Company	Revenue (last FY)	Net margin	ROE
FUL	-	-	-

Comparing CSW INDUSTRIALS against the 1 most active filer in the same SIC group.