CSW Industrials Inc. (CSWI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
5420 LYNDON B. JOHNSON FREEWAY DALLAS, TX 75240 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 2891 - Adhesives and Sealants (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 MRQ | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 22,156 | 18,455 | 16,619 | 10,088 | 18,338 | 26,651 | |||
| Cash and cash equivalent | 22,156 | 18,455 | 16,619 | 10,088 | 18,338 | 26,651 | |||
| Receivables | 142,665 | 122,753 | 122,804 | 96,695 | 74,880 | 66,136 | |||
| Inventory, net of allowances, customer advances and progress billings | 150,749 | 161,569 | 150,114 | 98,086 | 53,753 | 51,429 | |||
| Inventory | 150,749 | 161,569 | 150,114 | 98,086 | 53,753 | 51,429 | |||
| Prepaid expense | 10,947 | 9,485 | |||||||
| Derivative instruments and hedges, assets | 1,186 | 877 | |||||||
| Disposal group, including discontinued operation | 21 | ||||||||
| Other current assets | 942 | 1,073 | |||||||
| Other undisclosed current assets | 2,765 | 8,844 | 10,610 | 9,684 | 3,074 | 7,030 | |||
| Total current assets: | 331,410 | 323,056 | 300,147 | 214,553 | 150,045 | 151,267 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 92,811 | 88,235 | 87,032 | 82,554 | 57,178 | 53,639 | |||
| Intangible assets, net (including goodwill) | 566,010 | 561,643 | 525,495 | 501,855 | 137,871 | 136,761 | |||
| Goodwill | 247,191 | 242,740 | 224,658 | 218,795 | 91,686 | 86,295 | |||
| Intangible assets, net (excluding goodwill) | 318,819 | 318,903 | 300,837 | 283,060 | 46,185 | 50,466 | |||
| Other noncurrent assets | 53,095 | 70,519 | 82,686 | 75,995 | 24,151 | 10,965 | |||
| Total noncurrent assets: | 711,916 | 720,397 | 695,213 | 660,404 | 219,200 | 201,365 | |||
| TOTAL ASSETS: | 1,043,326 | 1,043,453 | 995,360 | 874,957 | 369,245 | 352,632 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 115,836 | 108,039 | 116,841 | 82,187 | 58,585 | 48,450 | |||
| Accounts payable | 48,387 | 40,651 | 47,836 | 32,444 | 21,978 | 19,024 | |||
| Accrued liabilities | 67,449 | 67,388 | 69,005 | 49,743 | 36,607 | 29,426 | |||
| Debt | 561 | 561 | 561 | 561 | |||||
| Disposal group, including discontinued operation | 161 | ||||||||
| Total current liabilities: | 115,836 | 108,039 | 117,402 | 82,748 | 59,146 | 49,172 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 166,000 | 253,000 | 252,214 | 241,776 | 10,337 | 30,898 | |||
| Long-term debt, excluding current maturities | 166,000 | 253,000 | 252,214 | 241,776 | 10,337 | 30,898 | |||
| Liabilities, other than long-term debt | 126,412 | 138,275 | 141,333 | 138,420 | 23,021 | 8,876 | |||
| Liability, pension and other postretirement and postemployment benefits | 1,114 | 1,158 | 1,027 | 1,695 | 1,879 | 1,978 | |||
| Disposal group, including discontinued operation, liabilities | 784 | ||||||||
| Other liabilities | 125,298 | 137,117 | 140,306 | 136,725 | 21,142 | 6,114 | |||
| Total noncurrent liabilities: | 292,412 | 391,275 | 393,547 | 380,196 | 33,358 | 39,774 | |||
| Total liabilities: | 408,248 | 499,314 | 510,949 | 462,944 | 92,504 | 88,946 | |||
| Temporary equity, including noncontrolling interest | 19,355 | 18,464 | 15,325 | ||||||
| Equity | |||||||||
| Equity, attributable to parent | 615,723 | 525,675 | 469,086 | 412,013 | 276,741 | 263,686 | |||
| Common stock | 164 | 163 | 162 | 161 | 159 | 158 | |||
| Treasury stock, value | (95,643) | (82,734) | (46,448) | (34,075) | (75,377) | (49,964) | |||
| Additional paid in capital | 137,253 | 123,336 | 112,924 | 104,689 | 48,327 | 46,633 | |||
| Accumulated other comprehensive loss | (9,126) | (8,409) | (5,074) | (5,996) | (11,446) | (10,729) | |||
| Retained earnings | 583,075 | 493,319 | 407,522 | 347,234 | 315,078 | 277,588 | |||
| Total equity: | 615,723 | 525,675 | 469,086 | 412,013 | 276,741 | 263,686 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,043,326 | 1,043,453 | 995,360 | 874,957 | 369,245 | 352,632 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 TTM | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 792,840 | 757,904 | 626,435 | 419,205 | 385,871 | 350,155 | ||
| Cost of revenue (Cost of Product and Service Sold) | (442,095) | (439,690) | (370,473) | (234,405) | (208,821) | (188,785) | ||
| Gross profit: | 350,745 | 318,214 | 255,962 | 184,800 | 177,050 | 161,370 | ||
| Operating expenses | (191,627) | (179,148) | (158,582) | (125,330) | (110,983) | (100,930) | ||
| Operating income: | 159,118 | 139,066 | 97,380 | 59,470 | 66,067 | 60,440 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (5,915) | 42 | (466) | (5,969) | (7,135) | 2,443 | ||
| Income from continuing operations before equity method investments, income taxes: | 153,203 | 139,108 | 96,914 | 53,501 | 58,932 | 62,883 | ||
| Other undisclosed loss from continuing operations before income taxes | (12,723) | (13,197) | (5,449) | (2,383) | (1,331) | (1,442) | ||
| Income from continuing operations before income taxes: | 140,480 | 125,911 | 91,465 | 51,118 | 57,601 | 61,441 | ||
| Income tax expense | (37,941) | (29,337) | (24,146) | (10,830) | (12,784) | (15,389) | ||
| Income from continuing operations: | 102,539 | 96,574 | 67,319 | 40,288 | 44,817 | 46,052 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 67,319 | 40,288 | 44,817 | 46,052 | |
| Net income: | 102,539 | 96,574 | 67,319 | 40,288 | 44,817 | 46,052 | ||
| Net loss attributable to noncontrolling interest | (891) | (139) | (934) | |||||
| Other undisclosed net income (loss) attributable to parent | 1,061 | (478) | ||||||
| Net income available to common stockholders, diluted: | 101,648 | 96,435 | 66,385 | 40,288 | 45,878 | 45,574 | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 TTM | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 102,539 | 96,574 | 67,319 | 40,288 | 44,817 | 46,052 | ||
| Other comprehensive income (loss) | (717) | (3,335) | 922 | |||||
| Comprehensive income: | 101,822 | 93,239 | 68,241 | 40,288 | 44,817 | 46,052 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (891) | (139) | (934) | |||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1) | 5,450 | 344 | (3,732) | ||||
| Comprehensive income, net of tax, attributable to parent: | 100,930 | 93,100 | 67,307 | 45,738 | 45,161 | 42,320 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.