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CSW INDUSTRIALS, INC. (CSWI)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-23Mar-31-22Mar-31-21Mar-31-20Mar-31-19Mar-31-18Mar-31-17Mar-31-16
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Intersegment revenue  7.33.40.40.3    
    Engineered Building Solutions  104.097.395.790.9    
    Contractor Solutions  506.6413.2245.2190.4    
    Specialized Reliability Solutions  147.3115.978.3104.6    
Total revenues  757.9626.4419.2385.9350.2326.2287.5266.9
            Revenue growth   [+]21.0%49.4%8.6%10.2%7.3%13.5%7.7%1.9%
Cost of goods sold  439.7370.5234.7209.0188.8178.3158.5132.3
Gross profit  318.2256.0184.6176.8161.4147.9129.0134.7
            Gross margin  42.0%40.9%44.0%45.8%46.1%45.3%44.9%50.5%
Selling, general and administrative  179.1158.6125.3110.0100.998.395.688.5
EBITDA   [+]174.6134.382.381.774.364.647.157.9
            EBITDA margin  23.0%21.4%19.6%21.2%21.2%19.8%16.4%21.7%
Depreciation  13.512.112.58.17.67.87.76.5
EBITA  161.2122.269.773.566.656.839.551.4
            EBITA margin  21.3%19.5%16.6%19.0%19.0%17.4%13.7%19.3%
Amortization of intangibles  22.124.810.56.76.27.16.15.2
EBIT   [+]139.197.459.266.860.449.733.446.2
            EBIT margin  18.3%15.5%14.1%17.3%17.3%15.2%11.6%17.3%
Non-recurring items   [+]   1.0  1.3 
Interest expense  13.25.42.41.31.42.32.73.0
Other income (expense), net  0.0-0.5-6.0-7.12.40.92.8-0.2
Pre-tax income  125.991.550.957.461.448.232.243.0
Income taxes  29.324.110.812.715.415.614.419.2
            Tax rate  23.3%26.4%21.2%22.2%25.0%32.3%44.7%44.6%
Minority interest  0.10.9      
Earnings from continuing ops  96.466.440.145.746.132.717.823.8
Earnings from discontinued ops     0.00.00.00.0 
Net income  96.466.440.145.745.6-11.911.125.5
            Net margin  12.7%10.6%9.6%11.8%13.0%-3.6%3.9%9.5%
   
Basic EPS   [+]$6.22$4.21$2.67$3.04$2.99$2.09$1.13$1.52
Diluted EPS   [+]$6.20$4.20$2.65$3.01$2.96$2.09$1.12$1.52
   
Dividends per share   [+]$0.68$0.60$0.54$0.54   $0.02
   
Shares outstanding (basic)   [+]15.515.815.015.015.415.715.815.6
Shares outstanding (diluted)   [+]15.515.815.115.215.515.715.815.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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