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Stocks · Materials · Adhesives & Sealants

CSW INDUSTRIALS, INC.

CSW Clue Score66
United States Fiscal year ends March CIK 0001624794
$288.83 +0.43% Close, 12 Oct 2026
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Price $288.83 +117.49% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue287.5Operating income32.0Net income11.1EPS, diluted0.70Fiscal year 2018Revenue326.2 +13.5%Operating income49.7Net income−11.9 −207.3%EPS, diluted−0.76 −208.6%Fiscal year 2019Revenue350.2 +7.3%Operating income60.4Net income45.6EPS, diluted2.93Fiscal year 2020Revenue385.9 +10.2%Operating income65.9Net income45.7 +0.3%EPS, diluted3.01 +2.7%Fiscal year 2021Revenue419.2 +8.6%Operating income59.2Net income40.1 −12.3%EPS, diluted2.65 −12.0%Fiscal year 2022Revenue626.4 +49.4%Operating income97.4Net income66.4 +65.6%EPS, diluted4.20 +58.5%Fiscal year 2023Revenue757.9 +21.0%Operating income139.1Net income96.4 +45.3%EPS, diluted6.20 +47.6%Fiscal year 2024Revenue792.8 +4.6%Operating income159.1Net income101.6 +5.4%EPS, diluted6.52 +5.2%Fiscal year 2025Revenue878.3 +10.8%Operating income181.2Net income136.7 +34.4%EPS, diluted8.38 +28.5%Fiscal year 2026Revenue1,082.5 +23.3%Operating income168.5Net income112.0 −18.0%EPS, diluted6.70 −20.0%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 287.5 326.2 350.2 385.9 419.2 626.4 757.9 792.8 878.3 1,082.5
Growth +13.5% +7.3% +10.2% +8.6% +49.4% +21.0% +4.6% +10.8% +23.3%
Operating income 32.0 49.7 60.4 65.9 59.2 97.4 139.1 159.1 181.2 168.5
Net income 11.1 −11.9 45.6 45.7 40.1 66.4 96.4 101.6 136.7 112.0
Growth −207.3% +0.3% −12.3% +65.6% +45.3% +5.4% +34.4% −18.0%
EPS, diluted 0.70 −0.76 2.93 3.01 2.65 4.20 6.20 6.52 8.38 6.70
Growth −208.6% +2.7% −12.0% +58.5% +47.6% +5.2% +28.5% −20.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin44.9%Operating margin11.1%Net margin3.9%Free cash flow margin11.2%Fiscal year 2018Gross margin45.3%Operating margin15.2%Net margin−3.6%Free cash flow margin11.5%Fiscal year 2019Gross margin46.1%Operating margin17.3%Net margin13.0%Free cash flow margin14.9%Fiscal year 2020Gross margin45.8%Operating margin17.1%Net margin11.8%Free cash flow margin15.2%Fiscal year 2021Gross margin44.0%Operating margin14.1%Net margin9.6%Free cash flow margin13.7%Fiscal year 2022Gross margin40.9%Operating margin15.5%Net margin10.6%Free cash flow margin8.5%Fiscal year 2023Gross margin42.0%Operating margin18.3%Net margin12.7%Free cash flow margin14.2%Fiscal year 2024Gross margin44.2%Operating margin20.1%Net margin12.8%Free cash flow margin18.6%Fiscal year 2025Gross margin44.8%Operating margin20.6%Net margin15.6%Free cash flow margin17.3%Fiscal year 2026Gross margin41.9%Operating margin15.6%Net margin10.4%Free cash flow margin12.2%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 44.9% 45.3% 46.1% 45.8% 44.0% 40.9% 42.0% 44.2% 44.8% 41.9%
Operating margin 11.1% 15.2% 17.3% 17.1% 14.1% 15.5% 18.3% 20.1% 20.6% 15.6%
Net margin 3.9% −3.6% 13.0% 11.8% 9.6% 10.6% 12.7% 12.8% 15.6% 10.4%
Free cash flow margin 11.2% 11.5% 14.9% 15.2% 13.7% 8.5% 14.2% 18.6% 17.3% 12.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow39.0Capital expenditure−6.9Free cash flow32.2Buybacks−1.0Dividends paid0.0Fiscal year 2018Operating cash flow43.2Capital expenditure−5.5Free cash flow37.6 +17.0%Buybacks−2.2Dividends paid0.0Fiscal year 2019Operating cash flow59.7Capital expenditure−7.5Free cash flow52.2 +38.7%Buybacks−46.7Dividends paid0.0Fiscal year 2020Operating cash flow69.9Capital expenditure−11.4Free cash flow58.5 +12.0%Buybacks−28.5Dividends paid−8.1Fiscal year 2021Operating cash flow66.3Capital expenditure−8.8Free cash flow57.4 −1.8%Buybacks−10.5Dividends paid−8.1Fiscal year 2022Operating cash flow69.1Capital expenditure−15.7Free cash flow53.4 −6.9%Buybacks−19.3Dividends paid−9.5Fiscal year 2023Operating cash flow121.5Capital expenditure−14.0Free cash flow107.5 +101.2%Buybacks−39.1Dividends paid−10.6Fiscal year 2024Operating cash flow164.3Capital expenditure−16.6Free cash flow147.8 +37.4%Buybacks−15.3Dividends paid−11.8Fiscal year 2025Operating cash flow168.4Capital expenditure−16.3Free cash flow152.1 +2.9%Buybacks−27.7Dividends paid−14.6Fiscal year 2026Operating cash flow149.7Capital expenditure−17.3Free cash flow132.4 −13.0%Buybacks−132.7Dividends paid−18.0
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 39.0 43.2 59.7 69.9 66.3 69.1 121.5 164.3 168.4 149.7
Capital expenditure −6.9 −5.5 −7.5 −11.4 −8.8 −15.7 −14.0 −16.6 −16.3 −17.3
Free cash flow 32.2 37.6 52.2 58.5 57.4 53.4 107.5 147.8 152.1 132.4
Growth +17.0% +38.7% +12.0% −1.8% −6.9% +101.2% +37.4% +2.9% −13.0%
Buybacks −1.0 −2.2 −46.7 −28.5 −10.5 −19.3 −39.1 −15.3 −27.7 −132.7
Dividends paid 0.0 0.0 0.0 −8.1 −8.1 −9.5 −10.6 −11.8 −14.6 −18.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash23.1Total debt73.2Net cash (debt)−50.1Shareholders’ equity272.4Debt to equity0.27Fiscal year 2018Cash11.7Total debt24.0Net cash (debt)−12.3Shareholders’ equity265.8Debt to equity0.09Fiscal year 2019Cash26.7Total debt31.5Net cash (debt)−4.8Shareholders’ equity267.5Debt to equity0.12Fiscal year 2020Cash18.3Total debt10.9Net cash (debt)7.4Shareholders’ equity280.4Debt to equity0.04Fiscal year 2021Cash10.1Total debt242.3Net cash (debt)−232.2Shareholders’ equity415.4Debt to equity0.58Fiscal year 2022Cash16.6Total debt252.8Net cash (debt)−236.2Shareholders’ equity469.1Debt to equity0.54Fiscal year 2023Cash18.5Total debt253.0Net cash (debt)−234.5Shareholders’ equity525.7Debt to equity0.48Fiscal year 2024Cash22.2Total debt166.0Net cash (debt)−143.8Shareholders’ equity615.7Debt to equity0.27Fiscal year 2025Cash225.8Total debt0.0Net cash (debt)225.8Shareholders’ equity1,072.2Debt to equity0.00Fiscal year 2026Cash33.8Total debt869.3Net cash (debt)−835.5Shareholders’ equity1,050.4Debt to equity0.83
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 23.1 11.7 26.7 18.3 10.1 16.6 18.5 22.2 225.8 33.8
Total debt 73.2 24.0 31.5 10.9 242.3 252.8 253.0 166.0 0.0 869.3
Net cash (debt) −50.1 −12.3 −4.8 7.4 −232.2 −236.2 −234.5 −143.8 225.8 −835.5
Shareholders’ equity 272.4 265.8 267.5 280.4 415.4 469.1 525.7 615.7 1,072.2 1,050.4
Debt to equity 0.27 0.09 0.12 0.04 0.58 0.54 0.48 0.27 0.00 0.83

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Mar 2017 FY2018 31 Mar 2018 FY2019 31 Mar 2019 FY2020 31 Mar 2020 FY2021 31 Mar 2021 FY2022 31 Mar 2022 FY2023 31 Mar 2023 FY2024 31 Mar 2024 FY2025 31 Mar 2025 FY2026 31 Mar 2026
Revenue and profit
287.5 326.2 350.2 385.9 419.2 626.4 757.9 792.8 878.3 1,082.5
Growth +13.5% +7.3% +10.2% +8.6% +49.4% +21.0% +4.6% +10.8% +23.3%
158.5 178.3 188.8 209.0 234.7 370.5 439.7 442.1 485.0 628.9
129.0 147.9 161.4 176.8 184.6 256.0 318.2 350.7 393.3 453.7
Growth +14.7% +9.1% +9.6% +4.4% +38.7% +24.3% +10.2% +12.1% +15.3%
n/a n/a n/a n/a n/a n/a 4.8 5.9 5.3 5.8
95.6 98.3 100.9 110.0 125.3 158.6 179.1 190.1 212.1 269.5
32.0 49.7 60.4 65.9 59.2 97.4 139.1 159.1 181.2 168.5
Growth +55.0% +21.7% +9.0% −10.1% +64.4% +42.8% +14.4% +13.9% −7.0%
32.2 48.2 61.4 57.4 50.9 91.5 125.9 140.5 180.1 145.6
14.4 15.6 15.4 12.7 10.8 24.1 29.3 37.9 42.6 32.7
11.1 −11.9 45.6 45.7 40.1 66.4 96.4 101.6 136.7 112.0
Growth −207.3% +0.3% −12.3% +65.6% +45.3% +5.4% +34.4% −18.0%
Per share
0.70 −0.76 2.96 3.04 2.67 4.21 6.22 6.54 8.41 6.73
0.70 −0.76 2.93 3.01 2.65 4.20 6.20 6.52 8.38 6.70
Growth −208.6% +2.7% −12.0% +58.5% +47.6% +5.2% +28.5% −20.0%
15.8 15.7 15.4 15.0 15.0 15.8 15.5 15.5 16.2 16.7
15.8 15.7 15.5 15.2 15.1 15.8 15.5 15.6 16.3 16.7
Growth −1.1% −0.9% −2.1% −0.5% +4.5% −1.7% +0.2% +4.7% +2.4%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 20.9% a year over five years, and earnings per share grew 20.4% a year.
  • The diluted share count rose 10.5% in five years, which is dilution.
  • Operating margin is up 1.4 points on five years ago, at 15.6%.
  • A net loss in 1 of 10 years on file.