CSWI Q4 record: rev $195.7M, EPS $1.74, full-year EPS $6.20; div increased 12%
CSW INDUSTRIALS, INC.
- Q4 revenue $195.7M (+12.9% YoY), net income $27.1M (+46.7%), diluted EPS $1.74 (+48.7%).
- Full-year revenue $757.9M (+21.0%), EPS $6.20 (+41.2%); EBITDA margin expanded 170 bps to 23.0%.
- Quarterly dividend raised 12% to $0.19/share, paid May 12, 2023; seventeenth consecutive quarterly dividend.
- Debt reduced $23.5M; leverage ratio ~1.3x; executed interest rate swap at 3.85% + margin on $100M facility.
- All three segments reported organic growth; Specialized Reliability Solutions revenue up 25.1% YoY.