ESENYSECommunications Equipment, NECFiscal year ends September 30
ESCO TECHNOLOGIES INC
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$251.23+2.11 (+0.85%)
Close on Oct 19, 2026
- Market cap
- $6.53B
- P/E (TTM)
- 20.7
- Dividend yield
- 0.13%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
42.1%+4.8 pts over 5 years
Operating margin
15.6%
Net margin
27.3%+13.7 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 | +19.2% | +8.5% | +8.4% | +7.4% | |
| Gross profit | +18.7% | +11.6% | +11.1% | +8.6% | |
| Operating income | +16.5% | – | – | – | |
| Net income | +193.7% | +53.8% | +24.7% | +21.5% | |
| EPS, diluted | +193.1% | +54.0% | +24.8% | +21.7% | |
| Free cash flow | +107.1% | +25.8% | +32.6% | +14.5% | |
| Dividend per share | 0.0% | 0.0% | 0.0% | 0.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 7.7% | 11.1% | 21.5% | |
| Return on assets | 5.0% | 7.0% | 14.1% | |
| Current ratio | 2.05 | 1.74 | 1.35 | |
| Debt to equity | 0.18 | 0.07 | 0.12 | |
| Net debt to EBITDA | – | – | 0.34× | |
| Interest coverage | – | – | 9.7× | |
| Inventory turnover | 3.4× | 3.5× | 3.1× | |
| Capex to revenue | 2.4% | 4.4% | 3.3% | |
| Diluted shares | 26M | 26M | 26M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Esco Technologies generated $704.79M from operations and spent $224.70M on capital expenditure, dividends and share buybacks. 64% of that went back into the business.
Generated
$704.79M
Used
$224.70M
Capital expenditure$143.06M64%Dividends$41.36M18%Share buybacks$40.28M18%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin27.3%
×Asset turnover0.52×
×Equity multiplier1.53×
=Return on equity, FY202521.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 27.3% | 0.52× | 1.53× | 21.5% |
| FY2024 | 11.1% | 0.52× | 1.49× | 8.6% |
| FY2023 | 10.8% | 0.51× | 1.53× | 8.5% |
| FY2022 | 9.6% | 0.53× | 1.56× | 8.0% |
| FY2021 | 8.9% | 0.49× | 1.49× | 6.4% |
| FY2020 | 13.6% | 0.51× | 1.59× | 11.1% |
| FY2019 | 11.2% | 0.53× | 1.72× | 10.2% |
| FY2018 | 13.5% | 0.54× | 1.76× | 12.9% |
| FY2017 | 7.8% | 0.61× | 1.74× | 8.3% |
| FY2016 | 8.0% | 0.62× | 1.54× | 7.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$299.22M
- Cash generatingOperating cash flow above zero$241.94M
- Return on assets improvedROA up on the prior year6.1% → 16.3%
- Earnings backed by cashOperating cash flow above net income$241.94M vs $299.22M
- Less leverageLong-term debt to assets fell5.5% → 6.9%
- Better liquidityCurrent ratio rose1.91 → 1.35
- No dilutionShare count did not rise26M → 26M
- Gross margin improvedGross margin up on the prior year42.28% → 42.09%
- More efficientAsset turnover rose0.55 → 0.60