Enerpac Tool Group Reports Fourth Quarter and Full-Year Fiscal 2026 Results; Introduces Fiscal 2027 Outlook
Key Highlights
- ➤Fiscal 2027 net sales guidance $825 million to $845 million
- ➤Fiscal 2027 adjusted EBITDA guidance $195 million to $205 million
- ➤Fourth-quarter net sales $185.7 million, up 11% year-over-year
- ➤Full-year free cash flow $119.6 million, up 30% year-over-year
- ➤SFE Group acquisition completed October 28, 2026
Expert Statements
Paul Sternlieb, President and Chief Executive Officer of Enerpac Tool Group
“We closed fiscal 2026 with a strong fourth quarter, supported by broad-based product strength across the Americas, encouraging trends in our service business, and robust cash generation”
Paul Sternlieb, President and Chief Executive Officer of Enerpac Tool Group
“With the SFE Group acquisition complete and a strong balance sheet, we have the financial flexibility to continue executing our disciplined capital allocation strategy.”
Darren Kozik, Executive Vice President and Chief Financial Officer of Enerpac Tool Group
“Our fiscal 2027 guidance includes approximately 10 months of SFE Group and builds on the healthy trends across our business,”
Darren Kozik, Executive Vice President and Chief Financial Officer of Enerpac Tool Group
“We are excited to drive profitable growth through continued investments in commercial excellence, innovation, and productivity.”
Highlights* * Fourth quarter net sales up 11% to $186 million, with organic growth of 10%(1). Full-year net sales up 6% to $652 million, a record level of annual revenue since the relaunch of Enerpac Tool Group in 2019, with organic growth of 4%. * IT&S fourth quarter product sales up 11% and service sales up 9% organically year-over-year. * Fourth quarter net earnings of $24 million (13.1% of net sales), or $0.47 per diluted share, versus $28 million (16.8% of net sales), or $0.52, in the prior year; adjusted diluted EPS of $0.53 versus $0.52. * Full-year net earnings of $90 million (13.7% of net sales), or $1.72 per diluted share, versus $93 million (15.0% of net sales), or $1.70, in the prior year; adjusted diluted EPS of $1.87 versus $1.81. * Fourth quarter adjusted EBITDA of $42 million at a 22.6% margin; full-year adjusted EBITDA of $154 million at a 23.7% margin. * Full-year cash from operations of $130 million, up 17%, and free cash flow of $120 million, up 30% year-over-year. Net debt to adjusted EBITDA of 0.1x at year-end fiscal 2026, with $81 million returned to shareholders through share repurchases in fiscal 2026. * Completed the acquisition of SFE Group on October 28, 2026, as described in a separate press release issued today. (*)This press release contains financial measures in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) in addition to non-GAAP financial measures. Reconciliations of the non-GAAP financial measures to the comparable GAAP measures are presented in the tables accompanying this release.
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