Revenue growth remains challenged with recent quarterly performance fluctuating between a 0.7% decline and a 5.8% increase, even as the company maintains a robust 49.6% gross margin as of 2026Q1.
| Metric | TTM | Aug'25 | Aug'24 | Aug'23 | Aug'22 | Aug'21 | Aug'20 | Aug'19 | Aug'18 | Aug'17 | Aug'16 | Aug'15 | Aug'14 | Aug'13 | Aug'12 | Aug'11 | Aug'10 | Aug'09 | Aug'08 | Aug'07 | Aug'06 | Aug'05 | Aug'04 | Aug'03 | Aug'02 | Aug'01 | Aug'00 | Aug'99 | Aug'98 | Aug'97 | Aug'96 |
|---|
| Sales/Revenue | 625.19M | 616.9M | 589.51M | 598.2M | 571.22M | 528.66M | 493.29M | 654.76M | 1.18B | 1.1B | 1.15B | 1.25B | 1.4B | 1.28B | 1.61B | 1.45B | 1.16B | 1.24B | 1.66B | 1.46B | 1.2B | 976.07M | 726.85M | 585.39M | 462.95M | 481.94M | 671.64M | 1.75B | 1.23B | 672.32M | 571.22M |
| Revenue Growth % | 4.23% | 4.65% | -1.45% | 4.72% | 8.05% | 7.17% | -24.66% | -44.63% | 7.92% | -4.67% | -7.99% | -10.76% | 9.39% | -20.28% | 11.07% | 24.54% | -6.4% | -25.49% | 14.07% | 21.45% | 23.06% | 34.29% | 24.16% | 26.45% | -3.94% | -28.24% | -61.64% | 42.28% | 83.05% | 17.7% | 8.38% |
| Cost of Goods Sold | 321.47M | 310.65M | 288.5M | 303.17M | 305.83M | 285.5M | 276.1M | 362.11M | 767.35M | 716.07M | 746.01M | 787.41M | 852.99M | 772.79M | 987.97M | 889.42M | 733.26M | 825.12M | 1.09B | 974.65M | 796.65M | 659.59M | 495.61M | 395.41M | 303.92M | 313.03M | 429.48M | 1.21B | 835.72M | 419.42M | 351.28M |
| COGS % of Revenue | - | 50.36% | 48.94% | 50.68% | 53.54% | 54.01% | 55.97% | 55.3% | 64.89% | 65.35% | 64.9% | 63.03% | 60.93% | 60.39% | 61.54% | 61.54% | 63.18% | 66.55% | 65.5% | 66.81% | 66.32% | 67.58% | 68.19% | 67.55% | 65.65% | 64.95% | 63.94% | 68.91% | 67.91% | 62.38% | 61.5% |
| Gross Profit | 303.73M | 306.25M | 301.01M | 295.04M | 265.39M | 243.16M | 217.19M | 292.65M | 415.26M | 379.72M | 403.4M | 461.84M | 546.87M | 506.95M | 617.37M | 555.9M | 427.25M | 414.67M | 574.05M | 484.09M | 404.5M | 316.48M | 231.24M | 189.98M | 159.03M | 168.91M | 242.17M | 544.44M | 394.97M | 252.9M | 219.93M |
| Gross Margin % | 48.58% | 49.64% | 51.06% | 49.32% | 46.46% | 45.99% | 44.03% | 44.7% | 35.11% | 34.65% | 35.1% | 36.97% | 39.07% | 39.61% | 38.46% | 38.46% | 36.82% | 33.45% | 34.5% | 33.19% | 33.68% | 32.42% | 31.81% | 32.45% | 34.35% | 35.05% | 36.06% | 31.09% | 32.09% | 37.62% | 38.5% |
| Gross Profit Growth % | - | 1.74% | 2.02% | 11.17% | 9.14% | 11.95% | -25.78% | -29.53% | 9.36% | -5.87% | -12.65% | -15.55% | 7.87% | -17.89% | 11.06% | 30.11% | 3.03% | -27.76% | 18.58% | 19.68% | 27.82% | 36.86% | 21.72% | 19.46% | -5.85% | -30.25% | -55.52% | 37.84% | 56.18% | 14.99% | 9.18% |
| Operating Expenses | 175.41M | 166.92M | 179.42M | 211.12M | 234.73M | 192.04M | 193.01M | 218.15M | 312.01M | 297.96M | 297.44M | 323.93M | 357.26M | 316.81M | 384.96M | 362.33M | 289.88M | 295.48M | 352.23M | 293.23M | 245.53M | 193.98M | 140.9M | 117.2M | 87.9M | 95.22M | 145.51M | 354.73M | 289.58M | 180.01M | 158.49M |
| OpEx % of Revenue | - | 27.06% | 30.44% | 35.29% | 41.09% | 36.33% | 39.13% | 33.32% | 26.38% | 27.19% | 25.88% | 25.93% | 25.52% | 24.76% | 23.98% | 25.07% | 24.98% | 23.83% | 21.17% | 20.1% | 20.44% | 19.87% | 19.39% | 20.02% | 18.99% | 19.76% | 21.67% | 20.26% | 23.53% | 26.78% | 27.75% |
| Selling, General & Admin | 168.32M | 166.92M | 168.56M | 196.06M | 216.87M | 175.28M | 181.61M | 209.23M | 291.44M | 277.49M | 274.5M | 299.6M | 332.09M | 293.87M | 355.69M | 334.86M | 267.87M | 275.75M | 337.4M | 282.33M | 237.87M | 188.76M | 138.68M | 114.93M | 85.45M | 88.98M | 0 | 317.29M | 0 | 0 | 0 |
| SG&A % of Revenue | - | 27.06% | 28.59% | 32.78% | 37.97% | 33.16% | 36.82% | 31.96% | 24.64% | 25.32% | 23.88% | 23.98% | 23.72% | 22.96% | 22.16% | 23.17% | 23.08% | 22.24% | 20.28% | 19.35% | 19.8% | 19.34% | 19.08% | 19.63% | 18.46% | 18.46% | - | 18.12% | - | - | - |
| Research & Development | 0 | 0 | 12.4M | 9M | 7.3M | 7.4M | 7.3M | 9.3M | 8.7M | 21.9M | 18.3M | 17.7M | 20M | 21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 134.04M | 0 | 269.23M | 173.2M | 158.49M |
| R&D % of Revenue | - | - | 2.1% | 1.5% | 1.28% | 1.4% | 1.48% | 1.42% | 0.74% | 2% | 1.59% | 1.42% | 1.43% | 1.64% | - | - | - | - | - | - | - | - | - | - | - | - | 19.96% | - | 21.88% | 25.76% | 27.75% |
| Other Operating Expenses | 1000K | 0 | -1.54M | 6.05M | 10.55M | 9.37M | 4.1M | -378K | 621K | -2.75M | -1.36M | -106K | -4.04M | 0 | -3.24M | 27.47M | 22.02M | 19.72M | 14.84M | 10.9M | 7.66M | 5.22M | 2.22M | 2.27M | 2.45M | 6.24M | 11.47M | 37.45M | 20.35M | 6.81M | 0 |
| Operating Income | 128.31M | 139.33M | 121.59M | 84.86M | 30.66M | 51.11M | 24.18M | 73.87M | 18.2M | -50.24M | -100.22M | 53.55M | 203.11M | 190.15M | 169.94M | 193.57M | 121.77M | 65.45M | 211.35M | 185.47M | 154.06M | 122.49M | 90.34M | 72.78M | 71.13M | 71.95M | 84.27M | 189.7M | 75.82M | 72.88M | 61.45M |
| Operating Margin % | 20.52% | 22.59% | 20.63% | 14.19% | 5.37% | 9.67% | 4.9% | 11.28% | 1.54% | -4.58% | -8.72% | 4.29% | 14.51% | 14.86% | 10.59% | 13.39% | 10.49% | 5.28% | 12.7% | 12.71% | 12.83% | 12.55% | 12.43% | 12.43% | 15.36% | 14.93% | 12.55% | 10.83% | 6.16% | 10.84% | 10.76% |
| Operating Income Growth % | - | 14.6% | 43.27% | 176.79% | -40.02% | 111.38% | -67.27% | 305.92% | 136.22% | 49.87% | -287.13% | -73.63% | 6.82% | 11.89% | -12.21% | 58.96% | 86.05% | -69.03% | 13.95% | 20.39% | 25.78% | 35.59% | 24.12% | 2.32% | -1.13% | -14.62% | -55.58% | 150.21% | 4.03% | 18.61% | 17.65% |
| EBITDA | 145.78M | 155.01M | 134.86M | 101.18M | 50.26M | 72.72M | 44.9M | 94.09M | 38.6M | -7.13M | -52.44M | 106.79M | 263.74M | 244.05M | 224.21M | 246.57M | 173.65M | 121.96M | 256.06M | 223.86M | 183.31M | 146.21M | 108.36M | 89.34M | 85.83M | 90.86M | 106.82M | 266.39M | 123.39M | 96.55M | 82.53M |
| EBITDA Margin % | 23.32% | 25.13% | 22.88% | 16.91% | 8.8% | 13.76% | 9.1% | 14.37% | 3.26% | -0.65% | -4.56% | 8.55% | 18.84% | 19.07% | 13.97% | 17.06% | 14.96% | 9.84% | 15.39% | 15.35% | 15.26% | 14.98% | 14.91% | 15.26% | 18.54% | 18.85% | 15.9% | 15.21% | 10.03% | 14.36% | 14.45% |
| EBITDA Growth % | 3.79% | 14.94% | 33.29% | 101.31% | -30.89% | 61.97% | -52.28% | 143.73% | 641.72% | 86.41% | -149.1% | -59.51% | 8.07% | 8.85% | -9.07% | 41.99% | 42.38% | -52.37% | 14.38% | 22.12% | 25.37% | 34.93% | 21.29% | 4.09% | -5.54% | -14.94% | -59.9% | 115.9% | 27.8% | 16.99% | 16.75% |
| D&A (Non-Cash Add-back) | 17.47M | 15.67M | 13.28M | 16.31M | 19.6M | 21.61M | 20.72M | 20.22M | 20.41M | 43.11M | 47.78M | 53.24M | 60.63M | 53.9M | 54.26M | 53M | 51.88M | 56.51M | 44.71M | 38.39M | 29.24M | 23.72M | 18.02M | 16.56M | 14.7M | 18.91M | 22.55M | 76.69M | 47.57M | 23.66M | 21.08M |
| EBIT | 121.97M | 130.64M | 119.04M | 81.29M | 28.38M | 49.24M | 27.26M | 46.89M | 50.07M | -88.67M | -101.58M | 53.45M | 199.07M | 187.79M | 184.19M | 170.14M | 121.06M | 118.58M | 209.03M | 190.87M | 158.97M | 122.64M | 90.34M | 72.78M | 71.13M | 73.69M | 102.05M | 99.44M | 105.4M | 101.7M | 57.39M |
| Net Interest Income | -9.15M | -9.91M | -13.52M | -12.39M | -4.39M | -5.27M | -19.22M | -28.16M | -30.87M | -29.22M | -28.77M | -28.06M | -25.05M | -24.84M | -46.39M | -32.12M | -31.86M | 41.85M | -36.41M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1K | 0 | 0 | 83.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 9.15M | 9.91M | 13.52M | 12.39M | 4.39M | 5.27M | 19.22M | 28.16M | 30.87M | 29.22M | 28.77M | 28.06M | 25.05M | 24.84M | 29.56M | 32.12M | 31.86M | 41.85M | 177.93M | 151.69M | 125.85B | 105.71M | 38.83M | 45.12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -15.48M | -18.6M | -16.07M | -15.96M | -6.67M | -7.14M | -16.33M | 0 | -44.15M | -32.45M | -30.13M | -28.16M | -29.08M | -27.2M | -49.63M | -13.68M | -32.57M | -38.86M | -38.73M | -33.78M | -28.22M | -16.78M | -51.51M | -27.89M | -31.86M | -31.18M | -42.12M | 27.31M | -48M | 16.32M | -8.23M |
| Pretax Income | 112.83M | 120.73M | 105.52M | 68.9M | 23.99M | 43.98M | 7.85M | 18.72M | -12.67M | -82.69M | -130.34M | 25.39M | 174.03M | 162.95M | 120.31M | 159.21M | 89.2M | 23.39M | 177.93M | 151.69M | 125.85M | 105.71M | 38.83M | 44.89M | 39.27M | 40.77M | 47.53M | 126.75M | 57.38M | 62.74M | 49.17M |
| Pretax Margin % | 18.05% | 19.57% | 17.9% | 11.52% | 4.2% | 8.32% | 1.59% | 2.86% | -1.07% | -7.55% | -11.34% | 2.03% | 12.43% | 12.73% | 7.49% | 11.02% | 7.69% | 1.89% | 10.69% | 10.4% | 10.48% | 10.83% | 5.34% | 7.67% | 8.48% | 8.46% | 7.08% | 7.24% | 4.66% | 9.33% | 8.61% |
| Income Tax | 27.26M | 27.98M | 23.31M | 15.25M | 4.4M | 3.76M | 2.29M | 10.66M | 8.98M | -16.48M | -25.17M | 5.52M | 32.57M | 15.37M | 33.02M | 34.71M | 18.85M | -474K | 55.37M | 46.78M | 33.39M | 35.01M | 14.68M | 15.92M | 14.02M | 16.42M | 19.49M | 47.35M | 30.7M | 20.7M | 15.44M |
| Effective Tax Rate % | 24.16% | 23.18% | 22.09% | 22.13% | 18.34% | 8.56% | 29.2% | 56.92% | -70.83% | 19.93% | 19.31% | 21.74% | 18.72% | 9.43% | 27.45% | 21.8% | 21.13% | -2.03% | 31.12% | 30.84% | 26.53% | 33.12% | 37.8% | 35.47% | 35.69% | 40.27% | 41% | 37.36% | 53.49% | 33% | 31.4% |
| Net Income | 85.56M | 92.75M | 85.75M | 46.56M | 15.69M | 38.08M | 5.56M | 8.07M | -21.65M | -66.21M | -105.17M | 19.87M | 163.57M | 30.05M | 87.29M | 111.56M | 24.03M | 13.72M | 122.54M | 104.95M | 92.59M | 71.25M | 34.82M | 28.97M | -2.58M | 23.57M | 67.09M | 79.4M | 26.69M | 42.04M | 33.73M |
| Net Margin % | 13.69% | 15.03% | 14.55% | 7.78% | 2.75% | 7.2% | 1.13% | 1.23% | -1.83% | -6.04% | -9.15% | 1.59% | 11.68% | 2.35% | 5.44% | 7.72% | 2.07% | 1.11% | 7.36% | 7.19% | 7.71% | 7.3% | 4.79% | 4.95% | -0.56% | 4.89% | 9.99% | 4.53% | 2.17% | 6.25% | 5.9% |
| Net Income Growth % | -7.82% | 8.16% | 84.16% | 196.83% | -58.8% | 585.21% | -31.11% | 137.26% | 67.31% | 37.04% | -629.26% | -87.85% | 444.37% | -65.58% | -21.75% | 364.23% | 75.11% | -88.8% | 16.76% | 13.35% | 29.95% | 104.61% | 20.22% | 1222.28% | -110.95% | -64.86% | -15.5% | 197.51% | -36.52% | 24.63% | 67.93% |
| Net Income (Continuing) | 85.56M | 92.75M | 82.21M | 53.65M | 19.59M | 40.21M | 5.56M | 8.07M | 4.75M | -66.21M | -105.17M | 19.87M | 141.45M | 147.58M | 87.29M | 124.5M | 70.36M | 23.87M | 122.57M | 104.95M | 92.59M | 71.25M | 24.15M | 28.97M | 25.25M | 24.36M | 28.05M | 34.58M | 26.7M | 57.9M | 33.73M |
| Discontinued Operations | 0 | 0 | 3.54M | -7.09M | -3.9M | -2.13M | 0 | 0 | 0 | 0 | 0 | 0 | 22.12M | 0 | 0 | -12.94M | 0 | 0 | 0 | 0 | 0 | 0 | 10.93M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 211K | 4.12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.62 | 1.70 | 1.56 | 0.82 | 0.26 | 0.63 | 0.01 | 0.13 | -0.36 | -1.11 | -1.78 | 0.32 | 2.26 | 0.40 | 1.17 | 1.50 | 0.35 | 0.24 | 1.93 | 1.69 | 1.51 | 1.21 | 0.66 | 0.59 | -0.06 | 0.71 | 2.08 | 2.48 | 0.83 | 1.84 | 1.53 |
| EPS Growth % | -5.33% | 8.97% | 90.24% | 215.38% | -58.73% | 5150% | -90.77% | 136.11% | 67.57% | 37.64% | -656.25% | -85.84% | 465% | -65.81% | -22% | 328.57% | 45.83% | -87.56% | 14.2% | 11.92% | 24.79% | 83.33% | 11.86% | 1067.21% | -108.59% | -65.87% | -16.13% | 198.8% | -54.89% | 20.26% | 66.3% |
| EPS (Basic) | - | 1.72 | 1.58 | 0.82 | 0.26 | 0.63 | 0.01 | 0.13 | -0.36 | -1.11 | -1.78 | 0.32 | 2.31 | 0.41 | 1.25 | 1.63 | 0.36 | 0.24 | 2.20 | 1.92 | 1.71 | 1.37 | 0.74 | 0.62 | -0.06 | 0.74 | 2.15 | 2.55 | 0.88 | 1.91 | 1.58 |
| Diluted Shares Outstanding | 52.82M | 54.48M | 54.86M | 57.12M | 59.91M | 60.4M | 60.27M | 61.15M | 60.44M | 59.44M | 59.01M | 62.05M | 72.49M | 74.58M | 74.94M | 75.31M | 74.21M | 66.06M | 64.83M | 63.63M | 63.2M | 60.89M | 55.41M | 48.93M | 42.33M | 33.22M | 32.25M | 32.16M | 32.14M | 23.05M | 22.12M |
| Basic Shares Outstanding | 52.43M | 54.05M | 54.34M | 56.68M | 59.54M | 60.02M | 59.95M | 61.15M | 60.44M | 59.44M | 59.01M | 61.26M | 70.94M | 72.98M | 70.1M | 68.25M | 67.62M | 58.05M | 55.81M | 54.75M | 54.26M | 51.99M | 47.32M | 46.7M | 39.97M | 31.8M | 31.29M | 31.06M | 30.7M | 22.9M | 21.42M |
| Dividend Payout Ratio | - | 2.34% | 2.54% | 4.88% | 15.36% | 6.29% | 43.53% | 30.23% | - | - | - | 13.07% | 1.78% | 9.69% | 3.15% | 2.43% | 11.24% | 16.4% | 1.81% | 2.08% | 2.34% | - | - | - | - | - | 2.67% | 2.95% | 9.74% | 3.93% | 4.81% |
Stagnant Organic Revenue Growth
According to the provided quarterly income statements, Enerpac's revenue growth has remained inconsistent, fluctuating between a 0.7% decline and a 5.8% increase over the last ten quarters, suggesting that the company struggles to generate sustained organic momentum within its core industrial machinery and maintenance markets.
The revenue profile appears highly sensitive to industrial maintenance cycles, which may be masking a lack of underlying volume growth. Investors should monitor whether the company can move beyond low-single-digit growth rates, as current figures suggest a reliance on pricing rather than structural market share expansion.
As reported in financial statements, Enerpac maintains a robust gross margin profile that consistently hovers near 50%, a level that significantly outperforms industrial peers like Kennametal and Helios Technologies, indicating strong pricing power derived from the company's specialized, safety-critical hydraulic tool ecosystem and proprietary replacement parts.
This margin stability suggests that the company's 'razor-blade' business model effectively insulates it from broader industrial commodity volatility. However, the slight compression observed in recent periods warrants further investigation into whether rising input costs or shifts in service-to-product mix are beginning to challenge this structural advantage.
Based on the income statement data, operating income has failed to scale consistently with gross profit, as evidenced by the 2026Q1 operating margin of 19.8% compared to the 23.8% peak in 2025Q4, suggesting that SG&A expenses are not being managed with sufficient efficiency to drive margin expansion.
The inability to consistently leverage operating expenses against revenue growth may indicate that the company is carrying a fixed cost structure that is too heavy for its current top-line trajectory. Management appears to be struggling to optimize overhead, which could limit earnings growth even if gross margins remain elevated.
Analysis of the reported figures reveals significant quarterly EPS volatility, with growth rates swinging from a 146% increase in 2024Q1 to a 10% decline in 2026Q1, largely driven by fluctuations in stock-based compensation and non-operating items that complicate the assessment of true underlying profitability.
The inconsistent EPS performance suggests that investors should focus on normalized operating income rather than headline net income, which appears susceptible to accounting noise. The periodic spikes in stock-based compensation, such as the $13 million charge in 2025Q4, further obscure the quality of earnings and warrant closer scrutiny of management's compensation alignment.
Quick answers to the most common questions about buying EPAC stock.
For fiscal year 2025, Enerpac Tool Group Corp. (EPAC) reported total revenue of $616.9M. This represents a 8.0% increase compared to $571.2M in 1996.
Enerpac Tool Group Corp. (EPAC) is profitable, generating $92.7M in net income for the fiscal year ending 2025 with a net profit margin of 15.0%.
Enerpac Tool Group Corp. (EPAC) reported an operating income of $139.3M, resulting in an operating profit margin of 22.6%. This margin reflects the operational efficiency of the business before interest and taxes.
Enerpac Tool Group Corp. (EPAC) generated $306.3M in gross profit for the year, representing a gross profit margin of 49.6%. This demonstrates the company's core pricing power and production efficiency.