NASDAQ : TWIN
Twin Disc, Incorporated — Financial statements
Industrials · Specialty Industrial Machinery · United States
Last price 24.16 USD (Oct 30, 2026, 3:23 PM EDT) · Market cap 351.26M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Twin Disc, Incorporated (TWIN) reported revenue of 381.27M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 381.27M | 381.27M | 340.74M | 295.13M | 276.96M | 242.91M |
| Cost of Revenue | 278.71M | 278.71M | 246.81M | 211.81M | 202.63M | 174.10M |
| Gross Profit | 102.56M | 102.56M | 93.92M | 83.32M | 74.33M | 68.81M |
| Selling, General & Admin | 87.28M | 87.28M | 83.40M | 70.57M | 61.45M | 57.37M |
| Other Operating Expenses | -221.00K | -221.00K | 13.00K | -343.00K | ||
| Operating Expenses | 87.06M | 87.06M | 83.40M | 70.57M | 61.47M | 57.02M |
| Operating Income | 15.51M | 15.51M | 10.53M | 12.75M | 12.87M | 11.79M |
| Interest Expense | -3.08M | -3.08M | -2.65M | -1.44M | -2.25M | -2.13M |
| Currency Exchange Gain (Loss) | 1.70M | 1.70M | -4.83M | 377.00K | -373.00K | 714.00K |
| Other Non Operating Income (Expenses) | -164.00K | -164.00K | 318.00K | 177.00K | 241.00K | 261.00K |
| EBT Excluding Unusual Items | 13.96M | 13.96M | 3.37M | 11.86M | 10.48M | 10.63M |
| Merger & Restructuring Charges | -366.00K | -366.00K | -408.00K | -218.00K | -177.00K | -973.00K |
| Gain (Loss) on Sale of Assets | 4.16M | 2.94M | ||||
| Other Unusual Items | 3.72M | |||||
| Pretax Income | 13.60M | 13.60M | 2.97M | 15.37M | 14.46M | 12.60M |
| Income Tax Expense | -13.97M | -13.97M | 3.37M | 4.12M | 3.79M | 1.82M |
| Earnings From Continuing Operations | 27.57M | 27.57M | -402.00K | 11.25M | 10.68M | 10.78M |
| Minority Interest in Earnings | -493.00K | -493.00K | -295.00K | -258.00K | -297.00K | -311.00K |
| Net Income | 27.08M | 27.08M | -697.00K | 10.99M | 10.38M | 10.47M |
| Net Income to Common | 27.08M | 27.08M | -697.00K | 10.99M | 10.38M | 10.47M |
| Shares Outstanding (Basic) | 14.12M | 14.12M | 13.86M | 13.68M | 13.47M | 13.35M |
| Shares Outstanding (Diluted) | 14.59M | 14.59M | 13.86M | 13.88M | 13.81M | 13.38M |
| EPS (Basic) | 1.92 | 1.92 | -0.05 | 0.80 | 0.77 | 0.78 |
| EPS (Diluted) | 1.86 | 1.86 | -0.05 | 0.79 | 0.75 | 0.78 |
| Free Cash Flow | 9.19M | 9.19M | 8.82M | 25.01M | 14.98M | -13.04M |
| Free Cash Flow Per Share | 0.63 | 0.63 | 0.64 | 1.80 | 1.08 | -0.97 |
| Dividend Per Share | 0.16 | 0.16 | 0.16 | 0.12 | ||
| Gross Margin | 26.90% | 26.90% | 27.56% | 28.23% | 26.84% | 28.33% |
| Operating Margin | 4.07% | 4.07% | 3.09% | 4.32% | 4.64% | 4.85% |
| Profit Margin | 7.10% | 7.10% | -0.21% | 3.72% | 3.75% | 4.31% |
| Free Cash Flow Margin | 2.41% | 2.41% | 2.59% | 8.47% | 5.41% | -5.37% |
| EBITDA | 29.25M | 29.25M | 25.43M | 22.73M | 22.23M | 21.34M |
| EBITDA Margin | 7.67% | 7.67% | 7.46% | 7.70% | 8.03% | 8.78% |
| D&A For EBITDA | 13.75M | 13.75M | 14.90M | 9.98M | 9.36M | 9.55M |
| EBIT | 15.51M | 15.51M | 10.53M | 12.75M | 12.87M | 11.79M |
| EBIT Margin | 4.07% | 4.07% | 3.09% | 4.32% | 4.64% | 4.85% |
| Effective Tax Rate | 113.55% | 26.82% | 26.19% | 14.47% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 16.03M | 16.03M | 16.11M | 20.07M | 13.26M | 12.52M |
| Trading Asset Securities | 75.00K | 218.00K | 292.00K | 68.00K | ||
| Cash & Short-Term Investments | 16.03M | 16.03M | 16.18M | 20.29M | 13.55M | 12.59M |
| Receivables | 66.76M | 66.76M | 58.94M | 52.21M | 54.76M | 45.45M |
| Inventory | 178.03M | 178.03M | 184.09M | 130.48M | 131.93M | 127.11M |
| Prepaid Expenses | 8.46M | 7.76M | ||||
| Other Current Assets | 17.40M | 17.40M | 19.84M | 16.65M | 11.00M | 11.55M |
| Total Current Assets | 278.21M | 278.21M | 279.05M | 219.63M | 219.71M | 204.45M |
| Property, Plant & Equipment | 82.82M | 82.82M | 86.83M | 74.70M | 51.78M | 54.30M |
| Long-Term Investments | 75.00K | 76.00K | 187.00K | 77.00K | ||
| Goodwill | 2.77M | 2.77M | 2.89M | |||
| Other Intangible Assets | 14.12M | 14.12M | 13.36M | 12.69M | 12.64M | 13.01M |
| Long-Term Deferred Tax Assets | 21.09M | 21.09M | 2.81M | 2.34M | 2.24M | 2.18M |
| Other Long-Term Assets | 2.22M | 2.22M | 2.68M | 2.63M | 2.62M | 2.51M |
| Total Assets | 401.25M | 401.25M | 387.70M | 312.06M | 289.18M | 276.52M |
| Accounts Payable | 30.81M | 30.81M | 38.74M | 32.59M | 36.50M | 28.54M |
| Accrued Expenses | 26.68M | 26.68M | 32.23M | 29.79M | 32.69M | 27.96M |
| Current Portion of Long-Term Debt | 1.50M | 1.50M | 3.00M | 2.00M | 2.01M | 2.00M |
| Current Portion of Leases | 4.63M | 4.63M | 4.44M | 3.23M | 2.99M | 2.70M |
| Other Current Liabilities | 54.96M | 54.96M | 47.38M | 31.91M | 25.91M | 19.88M |
| Total Current Liabilities | 118.58M | 118.58M | 125.79M | 99.52M | 100.09M | 81.08M |
| Long-Term Debt | 28.31M | 28.31M | 28.45M | 23.81M | 16.62M | 34.54M |
| Long-Term Leases | 16.11M | 16.11M | 19.59M | 19.17M | 15.12M | 15.02M |
| Pension & Post-Retirement Benefits | 10.43M | 10.43M | 11.83M | 7.85M | 7.61M | 9.97M |
| Long-Term Deferred Tax Liabilities | 4.48M | 4.48M | 4.32M | 5.34M | 3.28M | 3.80M |
| Other Long-Term Liabilities | 3.40M | 3.40M | 1.19M | 1.31M | 939.00K | 923.00K |
| Total Liabilities | 181.31M | 181.31M | 191.17M | 157.00M | 143.66M | 145.34M |
| Common Stock | 40.25M | 40.25M | 42.27M | 41.80M | 42.85M | 42.55M |
| Retained Earnings | 182.34M | 182.34M | 157.55M | 129.59M | 120.30M | 109.92M |
| Treasury Stock | -3.23M | -3.23M | -7.40M | -9.78M | -12.49M | -14.72M |
| Comprehensive Income & Other | 288.00K | 288.00K | 3.73M | -6.91M | -5.57M | -6.97M |
| Total Common Equity | 219.65M | 219.65M | 196.15M | 154.70M | 145.09M | 130.78M |
| Minority Interest | 282.00K | 282.00K | 380.00K | 352.00K | 424.00K | 412.00K |
| Shareholders' Equity | 219.94M | 219.94M | 196.53M | 155.05M | 145.52M | 131.19M |
| Total Liabilities & Equity | 401.25M | 401.25M | 387.70M | 312.06M | 289.18M | 276.52M |
| Total Debt | 50.55M | 50.55M | 55.48M | 48.22M | 36.74M | 54.26M |
| Net Cash (Debt) | -34.53M | -34.53M | -39.30M | -27.93M | -23.18M | -41.67M |
| Net Cash Per Share | -2.37 | -2.37 | -2.84 | -2.01 | -1.68 | -3.11 |
| Filing Date Shares Outstanding | 14.54M | 14.54M | 14.39M | 14.11M | 13.96M | 13.78M |
| Total Common Shares Outstanding | 14.42M | 14.42M | 14.15M | 14.00M | 13.82M | 13.67M |
| Working Capital | 159.64M | 159.64M | 153.26M | 120.11M | 119.61M | 123.37M |
| Book Value Per Share | 15.23 | 15.23 | 13.86 | 11.05 | 10.50 | 9.57 |
| Tangible Book Value | 202.76M | 202.76M | 179.89M | 142.02M | 132.46M | 117.77M |
| Tangible Book Value Per Share | 14.06 | 14.06 | 12.71 | 10.15 | 9.59 | 8.61 |
| Land | 3.34M | 3.34M | 3.38M | 3.06M | 2.15M | 2.16M |
| Buildings | 47.62M | 47.62M | 47.44M | 44.83M | 26.35M | 31.93M |
| Machinery | 215.81M | 215.81M | 212.61M | 189.91M | 148.09M | 146.05M |
| Order Backlog | 178.30M | 178.30M | 150.50M | 133.70M | 119.20M | 101.20M |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 27.08M | 27.08M | -697.00K | 10.99M | 10.38M | 10.47M |
| Depreciation & Amortization | 13.75M | 13.75M | 14.90M | 9.98M | 9.36M | 9.55M |
| Loss (Gain) From Sale of Assets | -200.00K | -200.00K | -98.00K | 3.01M | -4.26M | -3.13M |
| Asset Writedown & Restructuring Costs | 139.00K | 139.00K | 39.00K | -82.00K | 137.00K | -1.33M |
| Stock-Based Compensation | 3.85M | 3.85M | 4.11M | 3.45M | 3.00M | 2.43M |
| Other Operating Activities | -18.08M | -18.08M | 1.52M | -3.64M | -136.00K | -337.00K |
| Change in Accounts Receivable | -9.00M | -9.00M | -2.03M | 9.54M | -8.39M | -8.40M |
| Change in Inventory | 3.29M | 3.29M | -10.93M | 6.01M | -2.75M | -18.55M |
| Change in Accounts Payable | -6.91M | -6.91M | 2.41M | -5.17M | 7.14M | -638.00K |
| Change in Other Net Operating Assets | 8.98M | 8.98M | 14.76M | -378.00K | 8.43M | 1.63M |
| Operating Cash Flow | 22.90M | 22.90M | 23.98M | 33.72M | 22.90M | -8.31M |
| Capital Expenditures | -13.71M | -13.71M | -15.16M | -8.71M | -7.92M | -4.73M |
| Sale of Property, Plant & Equipment | 235.00K | 235.00K | 147.00K | 7.18M | 9.46M | |
| Cash Acquisitions | -17.24M | -23.18M | ||||
| Other Investing Activities | -671.00K | -671.00K | -653.00K | -184.00K | 333.00K | 1.18M |
| Investing Cash Flow | -14.15M | -14.15M | -32.90M | -32.07M | -408.00K | 5.90M |
| Long-Term Debt Issued | 144.53M | 144.53M | 128.76M | 90.53M | 81.62M | 104.47M |
| Long-Term Debt Repaid | -146.69M | -146.69M | -125.88M | -84.04M | -100.43M | -99.72M |
| Net Debt Issued (Repaid) | -2.16M | -2.16M | 2.88M | 6.49M | -18.81M | 4.75M |
| Repurchase of Common Stock | -1.68M | -1.68M | -1.26M | -1.79M | -463.00K | -486.00K |
| Common Dividends Paid | -2.29M | -2.29M | -2.28M | -1.70M | ||
| Other Financing Activities | -468.00K | -468.00K | -306.00K | -254.00K | -236.00K | -214.00K |
| Financing Cash Flow | -6.59M | -6.59M | -965.00K | 2.75M | -19.51M | 4.05M |
| Foreign Exchange Rate Adjustments | -2.24M | -2.24M | 5.92M | 2.41M | -2.24M | -1.46M |
| Net Cash Flow | -80.00K | -80.00K | -3.96M | 6.81M | 742.00K | 181.00K |
| Free Cash Flow | 9.19M | 9.19M | 8.82M | 25.01M | 14.98M | -13.04M |
| Free Cash Flow Margin | 2.41% | 2.41% | 2.59% | 8.47% | 5.41% | -5.37% |
| Free Cash Flow Per Share | 0.63 | 0.63 | 0.64 | 1.80 | 1.08 | -0.97 |
| Levered Free Cash Flow | 6.42M | 6.42M | -30.68M | 17.78M | 15.51M | 3.62M |
| Unlevered Free Cash Flow | 8.34M | 8.34M | -29.03M | 18.68M | 16.91M | 4.95M |
| Cash Interest Paid | 3.27M | 3.27M | 2.22M | 1.38M | 2.16M | 2.25M |
| Cash Income Tax Paid | 5.84M | 5.84M | 3.84M | 1.72M | 3.59M | 3.19M |
| Change in Working Capital | -3.63M | -3.63M | 4.21M | 10.01M | 4.43M | -25.96M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 348.64M | 334.61M | 124.92M | 164.88M | 155.56M | 123.68M |
| Enterprise Value | 383.17M | 386.33M | 173.65M | 178.27M | 190.88M | 164.52M |
| Last Close Price | 23.98 | 23.15 | 8.71 | 11.43 | 10.84 | 8.72 |
| PE Ratio | 12.89 | 12.36 | 15.01 | 14.99 | 11.82 | |
| Forward PE | 32.41 | 17.32 | 9.81 | 13.75 | 13.75 | 24.49 |
| PS Ratio | 0.91 | 0.88 | 0.37 | 0.56 | 0.56 | 0.51 |
| PB Ratio | 1.57 | 1.52 | 0.64 | 1.06 | 1.07 | 0.94 |
| P/TBV Ratio | 1.72 | 1.65 | 0.69 | 1.16 | 1.17 | 1.05 |
| P/FCF Ratio | 37.95 | 36.43 | 14.16 | 6.59 | 10.38 | |
| P/OCF Ratio | 15.23 | 14.61 | 5.21 | 4.89 | 6.79 | |
| PEG Ratio | 6.28 | 6.28 | 6.28 | 6.28 | 6.28 | |
| EV/Sales Ratio | 1.00 | 1.01 | 0.51 | 0.60 | 0.69 | 0.68 |
| EV/EBITDA Ratio | 13.10 | 13.21 | 6.83 | 7.84 | 8.59 | 7.71 |
| EV/EBIT Ratio | 24.71 | 24.92 | 16.50 | 13.98 | 14.84 | 13.96 |
| EV/FCF Ratio | 41.71 | 42.06 | 19.68 | 7.13 | 12.74 | |
| Debt / Equity Ratio | 0.23 | 0.23 | 0.28 | 0.31 | 0.25 | 0.41 |
| Debt / EBITDA Ratio | 1.46 | 1.46 | 1.85 | 1.80 | 1.44 | 2.22 |
| Debt / FCF Ratio | 5.50 | 5.50 | 6.29 | 1.93 | 2.45 | |
| Net Debt / Equity Ratio | 0.16 | 0.16 | 0.20 | 0.18 | 0.16 | 0.32 |
| Net Debt / EBITDA Ratio | 1.18 | 1.18 | 1.54 | 1.23 | 1.04 | 1.95 |
| Net Debt / FCF Ratio | 3.76 | 3.76 | 4.45 | 1.12 | 1.55 | -3.19 |
| Asset Turnover | 0.97 | 0.97 | 0.97 | 0.98 | 0.98 | 0.88 |
| Inventory Turnover | 1.54 | 1.54 | 1.57 | 1.61 | 1.56 | 1.44 |
| Quick Ratio | 0.70 | 0.70 | 0.60 | 0.73 | 0.68 | 0.72 |
| Current Ratio | 2.35 | 2.35 | 2.22 | 2.21 | 2.19 | 2.52 |
| Return on Equity (ROE) | 13.24% | 13.24% | -0.23% | 7.48% | 7.72% | 8.23% |
| Return on Assets (ROA) | 2.46% | 2.46% | 1.88% | 2.65% | 2.84% | 2.67% |
| Return on Invested Capital (ROIC) | 6.30% | 6.33% | -0.68% | 5.31% | 5.56% | 5.86% |
| Return on Capital Employed (ROCE) | 5.50% | 5.50% | 4.00% | 6.00% | 6.80% | 6.00% |
| Earnings Yield | 7.76% | 8.09% | -0.56% | 6.66% | 6.67% | 8.46% |
| FCF Yield | 2.63% | 2.74% | 7.06% | 15.17% | 9.63% | -10.54% |
| Dividend Yield | 0.83% | 0.69% | 1.81% | 1.02% | ||
| Payout Ratio | 9.14% | 8.44% | 15.43% | |||
| Buyback Yield / Dilution | -5.27% | -5.27% | 0.15% | -0.48% | -3.21% | -1.02% |
| Total Shareholder Return | -4.43% | -4.58% | 1.96% | 0.54% | -3.21% | -1.02% |