CSW Industrials reported broadly in-line results with modest revenue and EBITDA growth driven mainly by acquisitions, while adjusted EPS growth lagged due to higher interest expense and margin dilution; the stock moved up slightly by 0.6%, reflecting a neutral market response.

• Fiscal Q4 revenue reached a record $309 million, up 34% year-over-year, led primarily by recent acquisitions and 2.8% organic growth concentrated in contractor and specialized reliability solutions segments.
• Adjusted EBITDA increased 39%, benefiting from acquisition leverage and platform resilience.
• Adjusted EPS rose 21% to $3.14, but growth was constrained by elevated net interest expense ($13.4 million) following a shift from net cash to net debt and some margin dilution from acquisitions pending full synergy realization.
• Non-GAAP adjustments included $0.83 per share impairment charges on goodwill and intangible assets, $0.10 per share restructuring costs related to a strategic exit in the Engineered Building Solutions segment, and $0.18 per share of transaction and integration expenses.
• Net debt to EBITDA ratio stood at 2.55x, within the company’s target leverage range, supporting continued acquisition-fueled growth and shareholder returns totaling $146 million.