CSW Industrials Reports Impressive Fiscal 2027 First Quarter with All-Time Record Results; Contractor Solutions Segment Delivers Second Consecutive Quarter of Positive Organic Growth
DALLAS, July 30, 2026 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NYSE: CSW or the "Company") today reported results for the fiscal 2027 first quarter period ended June 30, 2026.
Fiscal 2027 First Quarter Highlights (comparisons to fiscal 2026 first quarter) * Total revenue increased 33% to a record of $351 million, driven by acquisitions as well as organic growth * Contractor Solutions Segment delivered organic revenue growth of 6% * Earnings per diluted share ("EPS") of $3.04 increased 25% compared to $2.43, driven primarily by increased revenue * Adjusted EPS, which excludes the amortization of acquisition-related intangible assets and nonrecurring expenses, was a record $3.84 and increased 35% compared to $2.85 * Net income attributable to CSW of $50 million increased 22% compared to $41 million * Adjusted EBITDA increased 48% to a record $102 million, capitalizing on increased revenue * Cash flows from operations were a record $76 million, increasing 25% * Net debt of $815 million at the end of the quarter, resulting in a net leverage ratio (net Debt to EBITDA), in accordance with our credit facility, of 2.37x, within our stated target range of 1-3x, and decreasing from our fiscal year-end Comments from the Chairman, President, and Chief Executive Officer
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