CSW INDUSTRIALS, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.08B | $878.3M | $792.8M | $757.9M | $626.4M | $419.2M | $385.9M | $350.2M |
| Cost of Revenue | $628.9M | $485.0M | $442.1M | $439.7M | $370.5M | $234.7M | $209.0M | $188.8M |
| Gross Profit | $453.7M | $393.3M | $350.7M | $318.2M | $256.0M | $184.6M | $176.8M | $161.4M |
| Gross Margin | 41.9% | 44.8% | 44.2% | 42.0% | 40.9% | 44.0% | 45.8% | 46.1% |
| Operating Expenses | ||||||||
| Research & Development | $5.8M | $5.3M | $5.9M | $4.8M | — | — | — | — |
| SG&A Expense | $269.5M | $212.1M | $190.1M | $179.1M | $158.6M | $125.3M | $110.0M | $100.9M |
| Operating Income | $168.5M | $181.2M | $159.1M | $139.1M | $97.4M | $59.2M | $65.9M | $60.4M |
| Operating Margin | 15.6% | 20.6% | 20.1% | 18.3% | 15.5% | 14.1% | 17.1% | 17.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $145.6M | $180.1M | $140.5M | $125.9M | $91.5M | $50.9M | $57.4M | $61.4M |
| Income Tax Expense | $32.7M | $42.6M | $37.9M | $29.3M | $24.1M | $10.8M | $12.7M | $15.4M |
| Net Income | $112.0M | $136.7M | $101.6M | $96.4M | $66.4M | $40.1M | $45.7M | $45.6M |
| Net Margin | 10.4% | 15.6% | 12.8% | 12.7% | 10.6% | 9.6% | 11.8% | 13.0% |
| EPS (Basic) | $6.73 | $8.41 | $6.54 | $6.22 | $4.21 | $2.67 | $3.04 | $2.96 |
| EPS (Diluted) | $6.70 | $8.38 | $6.52 | $6.20 | $4.20 | $2.65 | $3.01 | $2.93 |
| Shares Outstanding (Basic) | 16.7M | 16.2M | 15.5M | 15.5M | 15.8M | 15.0M | 15.0M | 15.4M |
| Shares Outstanding (Diluted) | 16.7M | 16.3M | 15.6M | 15.5M | 15.8M | 15.1M | 15.2M | 15.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |