EBFNYSEManifold Business FormsFiscal year ends December 31
ENNIS, INC.
Financials through Q2 FY2026, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 5, 2026
$22.30−0.06 (-0.27%)
Close on Oct 19, 2026
- Market cap
- $564.80M
- P/E (TTM)
- 14.6
- Dividend yield
- 4.48%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
30.7%+1.7 pts over 5 years
Operating margin
13.4%+3.4 pts over 5 years
Net margin
10.9%+4.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -0.6% | -3.1% | +1.9% | +0.2% | |
| Gross profit | +2.7% | -2.8% | +3.0% | +0.3% | |
| Operating income | +1.4% | -7.3% | +8.0% | +0.3% | |
| Net income | +6.0% | -3.4% | +12.1% | +1.8% | |
| EPS, diluted | +7.8% | -3.0% | +12.3% | +1.8% | |
| Free cash flow | -31.6% | -1.1% | -3.5% | -6.7% | |
| Dividend per share | -71.4% | 0.0% | +2.1% | +3.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 0.6% | 8.1% | 14.0% | |
| Return on assets | 0.5% | 6.6% | 12.1% | |
| Current ratio | 4.98 | 4.22 | 3.72 | |
| Debt to equity | 0.12 | – | – | |
| Interest coverage | 68.4× | 3263.7× | – | |
| Inventory turnover | 9.1× | 7.5× | 5.8× | |
| Capex to revenue | 0.9% | 1.0% | 3.0% | |
| Diluted shares | 26M | 26M | 26M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Ennis generated $285.11M from operations and spent $252.76M on capital expenditure, dividends and share buybacks. 14% of that went back into the business.
Generated
$285.11M
Used
$252.76M
Capital expenditure$34.97M14%Dividends$195.01M77%Share buybacks$22.79M9%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin10.9%
×Asset turnover1.11×
×Equity multiplier1.16×
=Return on equity, FY202514.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 10.9% | 1.11× | 1.16× | 14.0% |
| FY2024 | 10.2% | 1.05× | 1.15× | 12.3% |
| FY2023 | 10.1% | 1.06× | 1.16× | 12.5% |
| FY2022 | 11.0% | 1.13× | 1.20× | 14.9% |
| FY2021 | 7.2% | 1.09× | 1.21× | 9.6% |
| FY2020 | 6.7% | 0.98× | 1.23× | 8.1% |
| FY2019 | 8.7% | 1.20× | 1.25× | 13.1% |
| FY2018 | 9.3% | 1.16× | 1.26× | 13.6% |
| FY2017 | 8.9% | 1.13× | 1.27× | 12.8% |
| FY2016 | 0.5% | 1.00× | 1.30× | 0.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$42.63M
- Cash generatingOperating cash flow above zero$52.73M
- Return on assets improvedROA up on the prior year10.1% → 12.2%
- Earnings backed by cashOperating cash flow above net income$52.73M vs $42.63M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose4.59 → 3.72
- No dilutionShare count did not rise26M → 26M
- Gross margin improvedGross margin up on the prior year29.72% → 30.69%
- More efficientAsset turnover rose0.99 → 1.12