Twin Disc Inc reported a record fourth-quarter revenue of $114.4 million for fiscal 2026, a 18.3% increase from the prior year and ahead of Wall Street’s $106.0 million estimate. Diluted earnings per share totaled $0.64, surpassing the $0.48 consensus by $0.16, while net income rose to $9.4 million from $2.6 million a year earlier.
Organic revenue growth reached 15.9% in the quarter, although gross profit declined 3.5% to $30.1 million as the gross margin contracted by 600 basis points to 26.3%. Decline reflected product mix shifts, tariff dilution, and a one-time adjustment in the prior-year period. Operative income increased 19.5% to $7.8 million, while EBITDA climbed 35.1% to $11.1 million, increasing the EBITDA margin to 9.7%.
Während του ολοκληρωμένου οικονομικού έτους, η Twin Disc σημείωσε ενοσamentoί ύψους 381,3 εκατομμυρίων δολαρίων, μια οργάνωση αύξηση της τζίρου κατά 4,6%, με καθαρό κέρδος ύψους 27,1 εκατομμύρια δολαρίων και διακλαδισμένο ποσοστό κέρδους ανά μετοχή (EPS) ύψους 1,86. Η εταιρεία δημιούργησε 17,2 εκατομμύρια δολάρια ελεύθερου κεφαλαίου κατά το τρίμηνο και ανακοίνωσε καθαρή προσαρμοσμένη σχέση πιστωτικού κεφαλαίου ως 30 Ιουνίου 2026 στο επίπεδο 0,5.
Propulsion-related backlog expanded 56% year-over-year to comprise 17% of the total $178.3 million six-month backlog, with a projected pipeline of $30 million to $50 million. Marine propulsion systems sales grew 20%, driven by demand for the Veth propulsion platform and military marine transmissions, while land-based transmission sales rose 26%, supported by oil and gas e-frac opportunities.
Twin Disc също обяви 25% увеличение на своя квартална дивиденда до 0,05 долара на акция. Капиталовложенията се предвиждат да надхвърлят 20 милиона долара в финансовата 2027 година, включително инвестиции в нова фабрика в Финландия и преместване на една продуктова линия в Лъфикън, Тексас, за да се облекчи излагането на тарифи. Компанията е поставила дългосрочни цели за 500 милиона долара доходи, 30% брутна маржа и конверсия на безплатни парични текущи потоки над 60% до 2030 година.
CEO John H. Batten accentuated den fuerte demanda de defensa de la Marina de los Estados Unidos y la OTAN como un impulsor de crecimiento estructural, mientras que CFO Jeff S. Knutson observó que la compresión de la margen bruta se debió principalmente a la mezcla de productos y los efectos de los aranceles.
