Standex International Corporati
244.43+1.80 (+0.74%)
Oct 29, 4:00:02 PM EDT · NYSE · SXI · USD
Key Stats
Market Cap
2.96BP/E (TTM)
52.79Basic EPS (TTM)
4.63Dividend Yield
0.01%Recent Filings
8-K
Q4 sales up 23.2% to $222M
Standex International Corporation reported fiscal Q4 2025 sales surging 23.2% year-over-year to $222.0 million, fueled by acquisitions like Amran/Narayan and robust fast-growth market demand, while adjusted operating margin hit a record 20.6%, up 350 basis points. Acquisitions drove Electronics revenue up 43.2%, yet GAAP EPS dipped to $1.23 amid higher interest costs. For FY26, sales should climb over $100 million with fast-growth markets exceeding $265 million.
10-K
FY2025 results
Standex International Corporation wrapped FY2025 with net sales climbing 9.6% year-over-year to $790.1 million, fueled by $123.6 million from acquisitions like the Amran/Narayan Group in Electronics, though organic sales dipped 7.5% amid economic softness in Europe and North America, NIH funding cuts in Scientific, and delays in Engraving's new platforms. Q4 momentum shone in Electronics with 24.3% segment growth, driven by grid market expansion and acquisitions contributing $104.4 million annually, while Engineering Technologies surged 22.9% on space and aviation demand; yet margins compressed to 11.8% overall from acquisition costs and higher SG&A, yielding $93.5 million in operating income. Acquisitions propelled backlog to $245.6 million, up 32.5%, signaling robust Q4 pipeline. Cash from operations hit $69.6 million, funding $478.9 million in buys and $28.8 million capex, with net debt at $448.0 million but leverage at 2.60:1. For FY2026, expect over $100 million revenue growth via mid-single-digit organic gains in Electronics and double-digits in Engineering Technologies, plus 45% fast-growth market surge to $265 million. But tariff hikes on Chinese imports could squeeze margins if unmitigated.
8-K
Standex appoints new director
Standex International expanded its board to nine members on May 2, 2025, appointing Andy L. Nemeth, 56, as a Class III director to succeed retiring director Thomas J. Hansen, whose term ends at the October 2025 annual meeting. Nemeth, Chairman and CEO of Patrick Industries since 2020, brings deep experience in manufacturing components for recreational and industrial markets. The board will revert to eight directors post-meeting, with Nemeth expected to join the Audit Committee. This ensures seamless governance continuity.
8-K
Standex Q3 sales surge 17.2%
Standex International reported Q3 fiscal 2025 net sales of $207.8 million, up 17.2% year-over-year, driven by acquisitions like McStarlite in aerospace components, though organic growth dipped amid automotive and industrial softness. Adjusted operating margin hit a record 19.4%, up 280 basis points, fueled by productivity and fast-growth markets at 29% of sales. Acquisitions expand space and defense exposure. Q4 outlook sees slightly higher revenue and margins, but tariffs pose risks.
10-Q
Q3 FY2025 results
Standex International posted solid Q3 FY2025 results, with net sales climbing 17.2% year-over-year to $207.8 million, fueled by $46.7 million from acquisitions like the Amran/Narayan Group in the Electronics segment, though organic sales dipped 8.1% on automotive and industrial softness. Gross margin edged up to 39.7% from 38.5%, thanks to productivity gains offsetting inflation, while operating income rose 20.2% to $26.3 million despite $2.2 million in acquisition costs. Diluted EPS from continuing operations hit $1.81, up from $1.35, reconciling neatly with 12,059 thousand shares. Cash stood at $109.8 million, with free cash flow of $16.4 million (derived) after $19.8 million capex, and long-term debt at $579.4 million under an expanded $825 million facility with $169.1 million availability. The Amran/Narayan deal closed October 28, 2024, for $434.4 million (cash/stock mix), adding $300.7 million goodwill and $107.3 million customer relationships amortized over 12 years. Acquisitions drive growth, yet tariff pressures loom large.
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