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CSW Industrials, Inc. (CSW) stock

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NYSE: CSW NYSE Building Products Next results ~January 28, 2027

B+ Fundamentals grade

CSW Industrials, Inc. is a US-listed company in the building products industry. Its financial year ends in March.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: our cash-flow value ($412.74) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating.

Price vs value

Under review: our cash-flow value ($412.74) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating. We'll show the comparison once resolved.

CSW Industrials, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter CSW Industrials files

10-Q filed October 29: CSW Industrials

Revenue for the twelve months to September 2026 was $1.25bn, up 30.0% on a year earlier, faster than the 27.7% growth a quarter earlier. That growth ranks 2 of 40 among the building products companies we cover. Free-cash-flow margin fell to 14.2% from 15.2% a year earlier. Operating margin narrowed to 16.9% from 19.3%. The diluted share count is down 2.3% on a year earlier, which lifts each remaining share.

Our model value for CSW Industrials is under review, so past values are not shown until it is resolved.

Source: 10-Q filed October 29, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (2)

10-Q filed July 30: CSW Industrials

CSW Industrials grew revenue to $1.25bn over the twelve months to June 2026, up 30.0% on a year earlier and an acceleration from 27.7% growth a quarter earlier. That pace ranks 2 of 37 among the building products companies we cover. Margins told a different story: free-cash-flow margin slipped to 14.2% from 15.2%, while operating margin narrowed to 16.9% from 19.3%. A 2.3% reduction in the diluted share count over the year has lifted the value of each remaining share. The fundamentals grade moves up from C+ to B. At that price, the market appears to be pricing in cash-flow growth of about 14.3% a year for five years, close to the 14.9% a year revenue growth already delivered.

10-Q on SEC EDGAR

Where CSW Industrials stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.17bn, up 27.7% on a year earlier, faster than the 23.3% growth a quarter earlier. That growth ranks 3 of 31 among the building products companies we cover. Free-cash-flow margin fell to 12.3% from 16.4% a year earlier. Operating margin narrowed to 16.5% from 19.8%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 1 of our 6 financial-health checks. At that price, our model says the market is pricing in about 14.6% a year of cash-flow growth for five years, close to the 13.3% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 28, 2027 (estimated)

CSW Industrials, Inc.'s trailing-twelve-month revenue grew 30.0% year on year, with a free-cash-flow margin of 14.2%. Where it stands out: revenue growth of 30.0% ranks 3 of 46 building products companies we cover.

Our discounted-cash-flow model values the business at ~$410 per share in the base case (~$300–$560 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 20.7% while net income fell 11.2%: a 32pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 30.0% over the last 12 months, against a median of 4.0% for building products companies we cover.
  • Shrinking share count. Diluted shares fell 2.3% in a year, so each share owns more of the business.

Things to watch

  • Weakest spot: days sales outstanding. Days sales outstanding of 63 days ranks 25 of 34 building products companies we cover (median 53 days).

Latest results: FY2027 Q2

Filed October 29, 2026
Earnings per share
$3.66 against an average estimate of $3.63: beat by 0.8%
Revenue
$361m, up 30.5% on a year earlier
Share reaction
-2.1% in the first session after the results on October 29, 2026, against -2.1% for the S&P 500
Next report
January 28, 2027; average EPS estimate $1.84

CSW Industrials' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.3%
  • 1 week-3.8%
  • 1 month-5.1%
  • This year-1.8%
  • 1 year+15.1%
  • 5 years+114.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.3B
Operating margin
16.9%
Net margin
10.2%
EPS (TTM, diluted)
$7.75

Growth

Revenue growth
+30.0%
Change in growth rate
+2.3 pts
Share count change
−2.3%

Cash

Free cash flow (TTM)
$177M
FCF margin
14.2%

Earnings

Last results
October 29, 2026
Next results (est.)
January 28, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Shareholder vote
  3. Insider trade
  4. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

CSW Industrials, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: our cash-flow value ($412.74) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating.

Our value per share comes from a discounted-cash-flow model of CSW Industrials, Inc.'s free cash flow after stock-based pay ( $191M, FY2027 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value CSW Industrials, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 10.2%: the 10-year Treasury yield (4.9%) plus a beta of 1.16 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$410 ~$300–$560 Left out: far from the other models (more than 3x away from their median)
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$65 ~$35–$86 Included
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$210 ~$190–$270 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$120 ~$85–$170 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$120 ~$100–$130 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare CSW Industrials, Inc. with Building Products in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026Now
Share price$30.28$35.28$43.31$55.07$62.83$131.67$115.25$136.94$232.29$289.52$259.80$287.03
Market value$475m$559m$679m$855m$955m$2.0bn$1.8bn$2.1bn$3.6bn$4.7bn$4.3bn$4.7bn
+ Net debt (− = net cash)$67m$50m$12m$5m−$7m$232m$236m$235m$144m−$226m$838m$729m
Enterprise value$541m$609m$691m$860m$948m$2.2bn$2.1bn$2.4bn$3.8bn$4.5bn$5.2bn$5.5bn
Multiples
Price / sales 1.8x1.9x2.1x2.4x2.5x4.8x2.9x2.8x4.6x5.4x4.0x3.8x
Price / earnings 18.6x50.5x—18.8x20.9x49.7x27.4x22.1x35.6x34.6x38.8x37.0x
Price / free cash flow 14.7x17.4x18.0x16.4x16.3x34.7x34.1x19.8x24.5x31.1x32.8x26.6x
EV / EBITDA 9.3x13.3x10.7x11.6x11.8x27.1x15.4x13.6x19.1x20.1x28.1x23.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

76 /100

Strong moat

How hard CSW Industrials's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 19 / 20

    Cash operating profit has been a median 14.0% of total assets over 10 years.

  • Pricing power 15 / 20

    Gross margin has been a median 43.7%, moving by 1.6 percentage points (standard deviation) across 10 years.

  • Durability 15 / 20

    Operating margin has been a median 16.9%; its worst year was 13.2%.

  • Cash conversion 17 / 20

    Free cash flow was positive in 10 of 10 years, at a median 14.7% of revenue.

  • Discipline 15 / 20

    The diluted share count rose 5.4% over five years; stock-based pay has been a median 1.3% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (81 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: January 28, 2027, before the open. Analysts expect revenue of $262m and EPS of $1.84 (range $1.72 to $2.01) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $12.72 +23% $1.3bn +19%
Next $13.49 +6% $1.3bn +4%

Next year's EPS estimate has moved +0.9% in 90 days, across 5 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −0.8% on 90 days ago. In the last 30 days, 6 analysts raised CSW Industrials, Inc.'s forecast and 1 cut it.

Consensus EPS forecast CSW Industrials, Inc., last 90 days
$12.50 $13.00 $13.50 $14.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $12.83 Current fiscal year, 60 days ago: $12.59 Current fiscal year, 30 days ago: $12.59 Current fiscal year, 7 days ago: $12.59 Current fiscal year, Now: $12.72 $12.72 Next fiscal year, 90 days ago: $13.37 Next fiscal year, 60 days ago: $13.66 Next fiscal year, 30 days ago: $13.66 Next fiscal year, 7 days ago: $13.66 Next fiscal year, Now: $13.49 $13.49

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $12.83$13.37
60 days ago $12.59$13.66
30 days ago $12.59$13.66
7 days ago $12.59$13.66
Now $12.72$13.49

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $3.63 $3.66 +0.8%
Jun 2026 $3.46 $3.84 +10.9%
Mar 2026 $2.34 $3.14 +34.0%
Dec 2025 $1.87 $1.42 −24.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 29, 2026

No numeric guidance in CSW Industrials, Inc.'s latest earnings release (filed October 29, 2026). Some companies give their outlook only on the earnings call.

How our valuation uses these forecasts

Our cash-flow model grows CSW Industrials, Inc.'s revenue by +11.4% next year and +15.5% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+4.5%, weight 56%) and the company's own record (+20.0%, weight 44%) . How the weights are set.

Analyst recommendations

7 analysts, Oct 2026
Buy343%
Hold457%
Sell00%

Monthly trend

  1. Oct 20262147
  2. Sep 20262147
  3. Aug 20262147

Counts of recommendations published by analysts covering CSW Industrials, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
7.8%
of tradable shares
Days to cover
8.72
at average volume
Short interest, 1 month
−2%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
4.0%
of shares
Employees
2,700
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +15.1%

$249.42 on October 31, 2025 to $287.03

ThenNowEffect
Revenue (last 12 months) $916m $1.2bn +27.7%
Net margin 15.2% 10.3% −31.9%
P/E multiple 29.8x 39.4x +32.0%
Share count 17m 17m +0.3%

Biggest factor: net margin.

Last 3 years +66.3%

$172.63 on November 3, 2023 to $287.03

ThenNowEffect
Revenue (last 12 months) $761m $1.2bn +53.6%
Net margin 12.8% 10.3% −19.4%
P/E multiple 27.4x 39.4x +43.5%
Share count 16m 17m −6.4%

Biggest factor: revenue.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
CSW+9%−4%+80%+71%−17%−2%
Industry peers (median)+24%−24%+44%+10%−11%+5%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
CSW58%42%67%83%42%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
CSW−22%−22%−11%−18%−41%−25%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 46% from November 25, 2024 to October 10, 2025. Getting back needed a 86% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$237.16 – $350.93
From 52-week high
−18.2%
vs 50-day average
−3.3%
vs 200-day average
−0.9%
Volatility (1 year)
44%
Beta vs S&P 500
1.41

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±6.1%
After a week
6 up, 5 down
typical move ±6.3%
After a month
8 up, 3 down
typical move ±8.3%
Results releasedNext dayS&P 500 next day5 days21 days
October 29, 2026 −2.1% −2.1% — —
July 30, 2026 +17.1% +2.4% +27.7% +16.9%
May 26, 2026 +4.0% +0.6% −2.3% +3.7%
January 29, 2026 −9.9% −0.5% −8.2% −1.5%
October 30, 2025 +2.7% −0.8% +2.3% +12.1%
October 1, 2025 +6.1% +0.5% +2.8% +1.9%
July 31, 2025 −8.9% −2.0% −4.0% +1.7%
May 22, 2025 −4.3% −0.6% −2.8% −8.0%
January 30, 2025 −4.4% 0.0% −4.9% −11.9%
October 30, 2024 −2.8% −2.3% +11.1% +16.3%
July 31, 2024 +5.1% +0.2% +0.4% +9.7%
May 23, 2024 +5.7% −0.1% +2.7% +7.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

CSW Industrials, Inc. in five measures

Fundamentals grade B+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) CSW Industrials, Inc.
$600M $800M $1B $1.2B $1.4B FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue (TTM), FY24 Q3: $777.7M Revenue (TTM), FY24 Q4: $792.8M Revenue (TTM), FY25 Q1: $815.7M Revenue (TTM), FY25 Q2: $839.9M Revenue (TTM), FY25 Q3: $858.6M Revenue (TTM), FY25 Q4: $878.3M Revenue (TTM), FY26 Q1: $915.8M Revenue (TTM), FY26 Q2: $964.8M Revenue (TTM), FY26 Q3: $1B Revenue (TTM), FY26 Q4: $1.1B Revenue (TTM), FY27 Q1: $1.2B Revenue (TTM), FY27 Q2: $1.3B $1.3B

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue (TTM)
FY24 Q3 $777.7M
FY24 Q4 $792.8M
FY25 Q1 $815.7M
FY25 Q2 $839.9M
FY25 Q3 $858.6M
FY25 Q4 $878.3M
FY26 Q1 $915.8M
FY26 Q2 $964.8M
FY26 Q3 $1B
FY26 Q4 $1.1B
FY27 Q1 $1.2B
FY27 Q2 $1.3B
Revenue growth, TTM YoY CSW Industrials, Inc.
0% 10% 20% 30% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue growth, TTM YoY, FY24 Q3: 5.7% Revenue growth, TTM YoY, FY24 Q4: 4.6% Revenue growth, TTM YoY, FY25 Q1: 7.1% Revenue growth, TTM YoY, FY25 Q2: 8.5% Revenue growth, TTM YoY, FY25 Q3: 10.4% Revenue growth, TTM YoY, FY25 Q4: 10.8% Revenue growth, TTM YoY, FY26 Q1: 12.3% Revenue growth, TTM YoY, FY26 Q2: 14.9% Revenue growth, TTM YoY, FY26 Q3: 16.9% Revenue growth, TTM YoY, FY26 Q4: 23.3% Revenue growth, TTM YoY, FY27 Q1: 27.7% Revenue growth, TTM YoY, FY27 Q2: 30.0% 30.0%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q3 5.7%
FY24 Q4 4.6%
FY25 Q1 7.1%
FY25 Q2 8.5%
FY25 Q3 10.4%
FY25 Q4 10.8%
FY26 Q1 12.3%
FY26 Q2 14.9%
FY26 Q3 16.9%
FY26 Q4 23.3%
FY27 Q1 27.7%
FY27 Q2 30.0%
Operating margin (TTM) CSW Industrials, Inc.
14% 16% 18% 20% 22% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Operating margin (TTM), FY24 Q3: 19.9% Operating margin (TTM), FY24 Q4: 20.1% Operating margin (TTM), FY25 Q1: 20.7% Operating margin (TTM), FY25 Q2: 21.3% Operating margin (TTM), FY25 Q3: 21.0% Operating margin (TTM), FY25 Q4: 20.6% Operating margin (TTM), FY26 Q1: 19.8% Operating margin (TTM), FY26 Q2: 19.3% Operating margin (TTM), FY26 Q3: 17.3% Operating margin (TTM), FY26 Q4: 15.6% Operating margin (TTM), FY27 Q1: 16.5% Operating margin (TTM), FY27 Q2: 16.9% 16.9%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q3 19.9%
FY24 Q4 20.1%
FY25 Q1 20.7%
FY25 Q2 21.3%
FY25 Q3 21.0%
FY25 Q4 20.6%
FY26 Q1 19.8%
FY26 Q2 19.3%
FY26 Q3 17.3%
FY26 Q4 15.6%
FY27 Q1 16.5%
FY27 Q2 16.9%
FCF margin (TTM) CSW Industrials, Inc.
10% 15% 20% 25% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 FCF margin (TTM), FY24 Q3: 20.8% FCF margin (TTM), FY24 Q4: 18.6% FCF margin (TTM), FY25 Q1: 19.9% FCF margin (TTM), FY25 Q2: 21.7% FCF margin (TTM), FY25 Q3: 17.1% FCF margin (TTM), FY25 Q4: 17.3% FCF margin (TTM), FY26 Q1: 16.4% FCF margin (TTM), FY26 Q2: 15.2% FCF margin (TTM), FY26 Q3: 16.1% FCF margin (TTM), FY26 Q4: 12.2% FCF margin (TTM), FY27 Q1: 12.3% FCF margin (TTM), FY27 Q2: 14.2% 14.2%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q3 20.8%
FY24 Q4 18.6%
FY25 Q1 19.9%
FY25 Q2 21.7%
FY25 Q3 17.1%
FY25 Q4 17.3%
FY26 Q1 16.4%
FY26 Q2 15.2%
FY26 Q3 16.1%
FY26 Q4 12.2%
FY27 Q1 12.3%
FY27 Q2 14.2%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar CSW Industrials took in during FY2026, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $1.1B
  2. Cost of revenue $629M · 58.1%
  3. Gross profit $454M · 41.9%
  4. Research and development $5.8M · 0.5%
  5. Selling, general and admin $270M · 24.9%
  6. Other operating costs $9.8M · 0.9%
  7. Operating income $169M · 15.6%
  8. Income tax $32.7M · 3.0%
  9. Interest and other $23.8M · 2.2%
  10. Net income $112M · 10.4%

Shares of revenue. Source: CSW Industrials's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2014 Mar 2014 2015 Mar 2015 2016 Mar 2016 2017 Mar 2017 2018 Mar 2018 2019 Mar 2019 2020 Mar 2020 2021 Mar 2021 2022 Mar 2022 2023 Mar 2023 2024 Mar 2024 2025 Mar 2025 2026 Mar 2026 LTM Sept 2026
Income
Revenue 232 262 267 287 326 350 386 419 626 758 793 878 1,083 1,254
Gross profit 112 126 135 129 148 161 177 185 256 318 351 393 454 528
EBITDA 43 55 58 46 65 74 80 82 134 174 197 223 184 229
Operating income 38 44 46 32 50 60 66 59 97 139 159 181 169 212
Net income 25 30 25 11 −12 46 46 40 66 96 102 137 112 128
Diluted EPS $1.58 $1.90 $1.62 $0.70 −$0.76 $2.93 $3.01 $2.65 $4.20 $6.20 $6.52 $8.38 $6.70 $7.75
Growth (year on year)
Revenue — +13.0% +1.9% +7.7% +13.5% +7.3% +10.2% +8.6% +49.4% +21.0% +4.6% +10.8% +23.3% +30.0%
EBITDA — +26.5% +6.2% −21.0% +41.0% +15.0% +8.4% +1.8% +63.3% +30.1% +13.4% +13.2% −17.5% −0.0%
Operating income — +16.1% +4.9% −30.6% +55.0% +21.7% +9.0% −10.1% +64.4% +42.8% +14.4% +13.9% −7.0% +13.9%
Net income — +20.1% −14.3% −56.5% −207.3% — +0.3% −12.3% +65.6% +45.3% +5.4% +34.4% −18.0% −11.2%
Diluted EPS — +20.3% −14.7% −56.8% −208.6% — +2.7% −12.0% +58.5% +47.6% +5.2% +28.5% −20.0% −9.0%
Margins
Gross margin 48.4% 48.3% 50.5% 44.9% 45.3% 46.1% 45.8% 44.0% 40.9% 42.0% 44.2% 44.8% 41.9% 42.1%
EBITDA margin 18.6% 20.8% 21.7% 15.9% 19.8% 21.2% 20.9% 19.5% 21.4% 23.0% 24.9% 25.4% 17.0% 18.3%
Operating margin 16.4% 16.8% 17.3% 11.1% 15.2% 17.3% 17.1% 14.1% 15.5% 18.3% 20.1% 20.6% 15.6% 16.9%
Net margin 10.7% 11.3% 9.5% 3.9% −3.6% 13.0% 11.8% 9.6% 10.6% 12.7% 12.8% 15.6% 10.4% 10.2%
Free-cash-flow margin 2.8% 10.2% 12.1% 11.2% 11.5% 14.9% 15.2% 13.7% 8.5% 14.2% 18.6% 17.3% 12.2% 14.2%
Cash flow
Cash from operations 22 35 42 39 43 60 70 66 69 121 164 168 150 198
Capital spending 15 9 9 7 6 8 11 9 16 14 17 16 17 21
Free cash flow 7 27 32 32 38 52 58 57 53 108 148 152 132 177
Stock-based pay — — 1 3 4 4 5 5 8 10 12 14 15 —
Free cash flow after stock pay — — 31 29 34 48 53 52 45 98 136 139 117 —
Balance sheet
Cash 15 20 23 23 12 27 18 10 17 18 22 226 34 37
Total debt 0 — 90 73 24 31 11 242 253 253 166 0 872 767
Net debt (negative = net cash) −15 −20 67 50 12 5 −7 232 236 235 144 −226 838 729
Diluted shares 16m 16m 16m 16m 16m 16m 15m 15m 16m 16m 16m 16m 17m 16m
Returned to shareholders
Dividends 9 8 0 0 0 0 8 8 9 11 12 15 18 19
Buybacks — 0 0 1 2 47 28 10 19 39 15 28 133 149
Total returned 9 9 0 1 2 47 37 19 29 50 27 42 151 168

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 6 checks passed · September 30, 2026
What it owns · $2.3bn
Short-term assets $615mLonger-term assets $1.7bn
What it owes, and who funded it · $2.3bn
Short-term liabilities $261mLonger-term liabilities $930mShareholders' equity $1.1bn
  • Short-term assets cover short-term liabilities $615m of assets due within a year against $261m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $615m short-term assets against $930m of longer-dated liabilities.
  • More cash than debt $37m of cash against $765m of debt.
  • Debt below 40% of shareholders' equity Debt is 68% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 54% to 68% over five years.
  • A year's operating cash flow covers at least 20% of debt $198m of operating cash flow against $765m of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From CSW Industrials, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2027 Q2 TTM
Buybacks (TTM)
$149M
Dividends (TTM)
$18.7M
Returned to shareholders
94%
of free cash flow
Buybacks, last 3 fiscal years
$176M
Diluted share count
−2.3%
year over year
Total shareholder yield
3.6%
dividends 0.4% + buybacks 3.2% of market value
Dividend payout ratio
15%
of net income paid out
Sales & admin spending
24.0%
of revenue
Days sales outstanding
63 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in building products
Last 12 months unless stated CSW TREX HAYW WOR APOG TILE Median
Revenue, last 12 months $1.3bn $1.2bn $1.2bn $1.4bn $1.4bn $1.4bn $1.8bn
Revenue growth, last 12 months 30.0% 7.0% 7.6% 18.4% 3.0% 6.5% 3.7%
Revenue growth, 3-year average 17.5% 7.4% 6.7% −32.9% 0.1% 3.8% 3.6%
Revenue growth, latest quarter 30.5% 7.8% 6.5% 13.2% 9.2% 5.4% 8.0%
Gross margin 42.1% 38.2% 48.0% 27.2% 23.2% 40.5% 32.0%
Operating margin 16.9% 20.2% 21.6% 5.6% 7.2% 13.6% 7.0%
Operating margin, 3-year average 19.2% 24.0% 20.2% 0.8% 7.5% 11.5% 10.7%
Net margin 10.2% 14.7% 14.4% 11.5% 4.7% 10.1% 5.1%
Cash from operations / revenue 15.8% 29.6% 16.8% 17.7% 9.0% 12.4% 12.4%
Free-cash-flow margin 14.2% 17.2% 13.5% 13.8% 6.6% 8.6% 8.9%
Free-cash-flow margin, 3-year average 17.0% 7.7% 17.6% 12.4% 7.7% 8.5% 8.5%
Stock pay / revenue 1.3% 0.8% 1.3% 1.0% 0.7% 1.2% 0.7%
Change in share count −2.3% −2.1% −0.6% −1.1% −1.4% −0.3% −0.6%

Median of all 46 companies we cover in building products. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

46 building products companies
Measure Company Peer median Rank
Revenue growth Growth 30.0% 4.0% 3 of 46
Change in growth rate Growth +2.3pp +0.8pp 11 of 46
Gross margin Profitability 42.1% 32.1% 8 of 43
Operating margin Profitability 16.9% 7.2% 14 of 45
Net margin Profitability 10.2% 5.6% 19 of 46
Free-cash-flow margin Cash generation 14.2% 9.1% 12 of 46
Long-term debt as % of assets Balance sheet 31.6% 25.7% 25 of 37
Change in share count Balance sheet -2.3% -0.6% 11 of 44
Days sales outstanding Balance sheet 63 days 53 days 25 of 34

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to March 31, 2026
Segments
Line of business Revenue Share YoY
Contractor Solutions $803M 74.1% ▲ 31.7%
Specialized Building Solutions $160M 14.8% ▲ 8.5%
Engineered Reliability Solutions $120M 11.1% ▼ 1.0%
Products and services
Line of business Revenue Share YoY
Book and Ship $977M 90.2% ▲ 26.6%
Build To Order $106M 9.8% ▼ 0.9%
Geography
Region Revenue Share YoY
United States $969M 89.5% ▲ 25.6%
Outside the US $114M 10.5% ▲ 6.2%

From CSW Industrials, Inc.'s 10-K filed May 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$4.6B
Institutions reporting
353
Shares held vs prior quarter
▼ 1.4%
Positions opened / closed
37 / 27

Top buyers and sellers, Q2 2026: 157 institutions bought and 158 sold ; the biggest buyer was CI Investments Inc (+155K shares) and the biggest seller Wasatch Advisors LP (−181K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $686M 2.5M 15.1% ▲ 3.2%
Vanguard Portfolio Management LLC $247M 889K 5.4% ▼ 1.0%
Capital World Investors $208M 747K 4.6% ▲ 4.3%
Vanguard Capital Management LLC $205M 736K 4.5% ▲ 0.5%
Wasatch Advisors LP $193M 693K 4.2% ▼ 20.7%
State Street Corp $188M 675K 4.1% ▲ 5.3%
Morgan Stanley $160M 574K 3.5% ▼ 3.7%
Conestoga Capital Advisors, LLC $131M 472K 2.9% ▼ 18.4%
Geode Capital Management, LLC $115M 412K 2.5% ▲ 5.8%
Neuberger Berman Group LLC $103M 369K 2.3% ▼ 0.6%
Kayne Anderson Rudnick Investment Management LLC $96.9M 348K 2.1% ▼ 7.2%
Dimensional Fund Advisors LP $88.3M 317K 1.9% ▲ 3.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not CSW Industrials, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $76,986 1 trade by 1 insider, last 12 months Insider sales History → $9.1M 24 trades by 6 insiders · 62% under pre-set plans
Net ▼ $9.1M net selling
Insider Date Trade Shares Price Value
Armes Joseph B Chairman, President & CEO October 15, 2026 Sell pre-set plan 1,500 $287.04 $430,558
Armes Joseph B Chairman, President & CEO September 15, 2026 Sell pre-set plan 1,500 $289.58 $434,370
Armes Joseph B Chairman, President & CEO August 14, 2026 Sell pre-set plan 1,500 $345.16 $517,740
Underwood Jeff EVP, GM Contractor Solutions August 10, 2026 Sell 720 $346.96 $249,811
Sullivan Don EVP, Chief Strategy Officer August 5, 2026 Sell 4,526 $343.75 $1.6M
Armes Joseph B Chairman, President & CEO July 15, 2026 Sell pre-set plan 1,500 $289.95 $434,925
Armes Joseph B Chairman, President & CEO June 15, 2026 Sell pre-set plan 1,500 $279.52 $419,280
Armes Joseph B Chairman, President & CEO May 27, 2026 Sell pre-set plan 1,500 $283.94 $425,910
Alverson Luke SVP, GC & Secretary May 1, 2026 Sell pre-set plan 1,007 $289.57 $291,597
Sullivan Don EVP, Chief Strategy Officer April 15, 2026 Sell pre-set plan 166 $300.26 $49,843
Armes Joseph B Chairman, President & CEO April 15, 2026 Sell pre-set plan 1,500 $286.77 $430,155
Alverson Luke SVP, GC & Secretary April 7, 2026 Sell pre-set plan 1,007 $266.11 $267,973

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 7 trades and filings

In the last 12 months, 2 members of Congress disclosed 7 purchases and 0 sales of CSW Industrials, Inc. shares.

  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded July 16, 2026, filed September 4, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded May 18, 2026, filed June 8, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded March 3, 2026, filed April 7, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 28, 2027 estimated from the company's past filing pattern, not announced

  • October 29, 2026
  • July 30, 2026
  • May 26, 2026
  • January 29, 2026
  • October 30, 2025
  • October 1, 2025

Recent SEC filings

Data status

When each part of this page on CSW Industrials, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

CSW Industrials, Inc. in brief

What does CSW Industrials, Inc. do?
CSW Industrials, Inc. is a US-listed company in the building products industry. Its financial year ends in March.
What is CSW Industrials, Inc.'s stock ticker?
CSW Industrials, Inc. trades under the ticker CSW on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is CSW Industrials, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, CSW Industrials, Inc. reported revenue of $1.3B, 30.0% higher than a year earlier, according to its SEC filings.
What is CSW Industrials, Inc.'s free cash flow?
CSW Industrials, Inc.'s free-cash-flow margin is 14.2% of revenue over the trailing twelve months, ranking 12 of the 46 building products companies we cover.
Who are CSW Industrials, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Capital World Investors. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is CSW Industrials, Inc. buying back stock, and does it pay a dividend?
CSW Industrials, Inc. spent $149M on share repurchases over the trailing twelve months, and its diluted share count fell 2.3% over the year.
What is CSW Industrials, Inc.'s market cap?
On November 2, 2026, CSW Industrials, Inc.'s market capitalisation was about $4.7B, with a price-to-earnings ratio of 37.0 and net debt of $729M. Market figures come from third-party market data and may be delayed.
Does CSW Industrials, Inc. pay a dividend?
Yes: CSW Industrials, Inc. paid $18.7M in dividends over the trailing twelve months, a dividend yield of 0.40% and a payout ratio of 14.7%.
How much debt does CSW Industrials, Inc. have?
CSW Industrials, Inc.'s debt-to-equity ratio is 68.4%, from its latest balance sheet (53.8% five years earlier). The financial health section below sets out its other solvency checks.
Who are CSW Industrials, Inc.'s competitors?
In our Building Products peer group, the companies closest to CSW Industrials, Inc. are Trex Co Inc, Hayward Holdings, Inc., Worthington Enterprises, Inc., Apogee Enterprises, Inc. and Interface Inc. The side-by-side comparison below sets their revenue, margins and growth against CSW Industrials, Inc.'s.
Are insiders buying or selling CSW Industrials, Inc. stock?
Over the last 12 months, CSW Industrials, Inc.'s directors and officers reported 1 open-market purchases and 24 sales on Form 4. The insider trading page charts every trade.
When is CSW Industrials, Inc.'s next earnings date?
Around January 28, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — CSW Industrials, Inc. announces its own schedule.