Csw Industrials Inc Stock Price, News & Analysis

CSW Industrials (NYSE: CSW) completed its acquisition of Motors & Armatures Parts (MARS Parts) for approximately $650 million cash on November 4, 2025.

The purchase price equates to ~10.4x pro-forma adjusted TTM EBITDA and ~12.4x MARS Parts’ estimated adjusted TTM EBITDA of $52.3 million. MARS Parts expands CSW’s HVAC/R product portfolio with motors, capacitors and other electrical components focused on repair versus replacement and adds roughly 200 employees.

CSW funded the deal with a $600 million five-year Syndicated Term Loan A, additional borrowings under its extended $700 million revolving credit facility, and implemented a $300 million, three-year interest rate hedge on SOFR exposure. The press release notes the estimated MARS results are preliminary and unaudited.

CSW Industrials (NYSE: CSW) reported record fiscal 2026 second quarter and first half results. Q2 total revenue was $277.0M (+21.5% YoY) and first-half revenue was $540.6M (+19.0% YoY), driven largely by recent acquisitions. Q2 net income was $40.7M (+12.8%) with diluted EPS of $2.41 and adjusted EPS of $2.96. Q2 adjusted EBITDA was $72.9M (+19.9%). The company announced a definitive agreement to acquire MARS Parts for $650M, expects close in November 2025, and paid down $35.0M of debt leaving net leverage at 0.12x.

CSW Industrials (NYSE: CSW) will release fiscal second quarter results for the period ended September 30, 2025 on Thursday, October 30, 2025 before the market opens.

The company will host a conference call the same day at 10:00 am ET to discuss results; live webcast will be available at https://cswindustrials.gcs-web.com. Dial-in numbers are provided for domestic and international participants. A telephone replay will be available until November 13, 2025, and an archived replay will be posted on the Investors section of www.cswindustrials.com.

CSW Industrials (NYSE: CSW) declared a regular quarterly cash dividend of $0.27 per share.

The dividend is payable on November 14, 2025 to shareholders of record at the close of business on October 31, 2025.

Motors & Armatures (MARS), a Platinum Equity portfolio company, has agreed to sell its parts division to CSW Industrials (NYSE: CSW) for $650 million in cash, plus a potential $20 million earn-out. The transaction, expected to close by end of 2025, excludes MARS' equipment distribution division, which will continue operating as Heat Controller under Platinum Equity.

Since Platinum Equity's acquisition in July 2024, MARS has undergone significant transformation, including the strategic acquisition of Global, the Source, expansion into new product categories, and cost optimization initiatives. The parts division specializes in HVAC/R components, while Heat Controller will continue offering residential and commercial heating and cooling equipment under the Comfort-Aire and Century brands.

CEO Philip Windham will continue leading Heat Controller post-transaction, with Platinum Equity planning continued expansion through organic growth and M&A.

CSW Industrials (NYSE: CSW) has announced a definitive agreement to acquire Motors & Armatures Parts (MARS Parts) for $650 million in cash, plus a potential $20 million earn-out. The acquisition values MARS Parts at 10.5x synergies-adjusted TTM EBITDA or approximately 12.5x TTM adjusted EBITDA of $51.8 million.

MARS Parts is a leading North American distributor of HVAC/R parts and supplies, specializing in motors and capacitors. The acquisition will expand CSW's product portfolio in the HVAC/R end market, with a focus on repair versus replacement products. CSW expects the combined organization to achieve a 30+% adjusted EBITDA margin run rate within 12 months after closing.

The transaction will be funded through a Syndicated Term Loan A and existing credit facility, with closing expected in Q3 FY2026. Post-acquisition leverage is estimated at 2.0x EBITDA.

CSW Industrials (NYSE: CSW) announced the retirement of Robert Swartz from its Board of Directors and the appointment of Dr. Linda Livingstone as the new Lead Independent Director. Swartz, who reached mandatory retirement age, served as Lead Independent Director since the company's public debut in September 2015. Dr. Livingstone, a board member since 2015, currently serves on the Compensation & Talent Development and Nominating & Corporate Governance Committees.

Dr. Livingstone brings significant leadership experience as the current President of Baylor University and has served on numerous prestigious boards including the NCAA Board of Governors, where she recently completed service as board chair.

CSW Industrials (NYSE: CSW) reported record fiscal 2026 first quarter results, with total revenue increasing 16.6% to $263.6 million. Net income grew 6.0% to $40.9 million, while adjusted EPS rose 2.5% to $2.85. The growth was primarily driven by acquisitions of Aspen Manufacturing, PSP Products, and PF WaterWorks, contributing $43.7 million in inorganic growth.

The company's EBITDA increased 5.3% to $68.7 million, though margins contracted due to acquisition impacts and cost inflation. CSW paid down $40 million of debt after borrowing $135 million for the Aspen Manufacturing acquisition. The company declared its 26th consecutive quarterly dividend of $0.27 per share.

CSW Industrials (NYSE: CSW) has scheduled its fiscal first quarter 2025 earnings release and conference call for Thursday, July 31, 2025. The company will release results before market opens, followed by a conference call at 10:00 am Eastern Time.

Investors can access the call through multiple channels: domestic callers at 1-877-407-0784, international callers at 1-201-689-8560, or via live webcast at the company's website. A replay will be available until August 14, 2025, accessible through domestic (1-844-512-2921) and international (1-412-317-6671) numbers using access code 13754759.