Enpro Inc.
227.28+1.09 (+0.48%)
Oct 29, 4:00:02 PM EDT · NYSE · NPO · USD
Key Stats
Market Cap
4.75BP/E (TTM)
56.82Basic EPS (TTM)
4.00Dividend Yield
0.01%Recent Filings
8-K
Enpro lifts 2025 guidance
Enpro Inc. reported Q2 2025 sales of $288.1 million, up 6.0% year-over-year, fueled by 14.5% growth in Advanced Surface Technologies while Sealing Technologies rose 1.9%. Adjusted EBITDA dipped to $71.1 million amid foreign exchange headwinds and growth investments, yet the company raised full-year guidance to 5%-7% revenue growth, $270-$280 million adjusted EBITDA, and $7.60-$8.10 adjusted EPS. Strong free cash flow and recent debt refinancing bolster flexibility for the Enpro 3.0 strategy. Tariffs pose a key risk.
10-Q
Q2 FY2025 results
Enpro's Q2 sales climbed 6.0% y/y to $288.1M, fueled by 14.5% growth in Advanced Surface Technologies from precision cleaning and optical coatings, while Sealing Technologies edged up 1.9% on aerospace and pricing gains despite commercial vehicle softness. Gross margin held steady at 43.3%, but operating income dipped 4.8% y/y to $45.7M amid higher SG&A; diluted EPS stayed flat at $1.25, reconciling cleanly with 21.2M shares. YTD, revenue rose 6.0% to $561.3M and EPS jumped 29.0% to $2.40, with operating cash flow at $73.2M yielding $55.3M free cash flow (derived). Debt restructuring cut total debt to $465.1M, including $450M 6.125% notes due 2033, while $770.4M revolver availability bolsters liquidity alongside $107.1M cash. Cash burn stemmed from $17.9M capex and $13.2M dividends. Supply chain disruptions from tariffs and raw material costs pose ongoing risks.
8-K
Enpro refinances debt, extends maturities
Enpro Inc. redeemed its $350 million 5.75% senior notes due 2026 on May 29, 2025, by depositing the full redemption price with the trustee for payout on June 12. The company refinanced this with a $450 million 6.125% senior notes issuance due 2033, extending maturities while raising interest costs. This swap bolsters liquidity but ties up more cash in semi-annual payments. Forward-looking risks hinge on market volatility.
8-K
Enpro prices $450M notes offering
Enpro Inc. priced a $450 million offering of 6.125% senior notes due 2033 at 100% of face value on May 14, 2025, with closing expected May 29. Proceeds will redeem all outstanding 5.75% senior notes due 2026 and repay part of revolving credit borrowings from a recent term loan payoff. This refinancing extends debt maturity while raising the interest rate. Market conditions could disrupt completion.
8-K
Enpro launches $450M notes offering
Enpro Inc. announced plans to offer $450 million in senior notes due 2033, targeting qualified institutional buyers under Rule 144A and non-U.S. persons via Regulation S, subject to market conditions. Proceeds will redeem all $350 million of its 5.75% senior notes due 2026 at 100% of principal plus accrued interest, with redemption set for June 12, 2025 if the offering closes, while also repaying part of revolving credit facility borrowings from the April 9, 2025 term loan payoff. This refinancing extends debt maturity but hinges on volatile high-yield markets.
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