REVG
REV Group, Inc.60.03
+0.83+1.4%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
2.93BP/E (TTM)
31.76Basic EPS (TTM)
1.89Dividend Yield
0%Recent Filings
8-K
REV merger approved
REV Group stockholders overwhelmingly approved the merger with Terex on January 28, 2026, with over 99% of votes cast in favor—39.5 million for, just 19,000 against. The deal, announced October 29, 2025, expects to close in early February 2026, delisting REV from NYSE. CEOs tout diversified portfolio and synergies, yet closing hinges on remaining conditions.
8-K
REV supplements merger proxy
REV Group voluntarily supplemented its definitive proxy statement on January 20, 2026, addressing stockholder lawsuits and demands alleging disclosure gaps in its Terex merger filings. Additions detail merger background, advisor multiples like REV's 10.8x 2026 EBITDA, DCF valuations ($3.7B-$4.6B enterprise value), and Barclays fees ($4M opinion, $18M success). Deal terms unchanged; REV denies merit but acts to avert delays. Lawsuits threaten closing.
10-K
FY2025 results
REV Group delivered FY2025 net sales of $2.5B, up 3.5% y/y, with Specialty Vehicles surging 16.1% (derived, ex-divested bus units) on fire apparatus and ambulance shipments plus favorable mix—Q4 drove the momentum. Adjusted EBITDA rocketed 41% to $230M, margins hitting 9.3%, fueled by Specialty Vehicles' 65% EBITDA leap to 12.5% margins while Recreational Vehicles dipped on lower volumes. Backlog swelled 3.7% to $4.6B, Specialty at $4.4B signaling robust Q1 momentum. Strong ops cash flow of $241M funded $108M buybacks and $13M dividends under the $250M program; debt dipped to $40M with $308M ABL availability. Pending Terex merger could reshape strategy. Economic downturns threaten demand across segments.
8-K
Strong Q4 results, low debt
REV Group posted Q4 net sales of $664.4M and full-year $2.46B, up from prior year, with Adjusted EBITDA surging to $69.7M and $229.5M—ex-bus sales up 39.7% and 58.1%. Cash from operations hit $241.1M, slashing net debt to $5.3M. Specialty Vehicles backlog grew 5.3% to $4.4B. Terex merger S-4 filed; on track for H1 2026 close.
8-K
REV-Terex merger announced
REV Group agreed to merge with Terex on October 29, 2025, in a stock-and-cash deal where REV shareholders get 0.9809 Terex shares and $8.71 cash per share, totaling $425 million cash. The merger forms a diversified specialty equipment leader in resilient markets like emergency vehicles and waste recycling, targeting $75 million run-rate synergies by 2028 with half in year one. Terex plans to exit its cyclical Aerials segment post-close. Deal eyes H1 2026 completion, pending approvals; integration risks loom large.
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