NYSE : ESE
ESCO Technologies Inc. — Financial statements
Technology · Scientific & Technical Instruments · United States
Last price 237.7 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 6.16B
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Financial statements
ESCO Technologies Inc. (ESE) reported revenue of 1.29B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.29B | 1.10B | 919.13M | 855.79M | 857.50M | 715.44M |
| Cost of Revenue | 748.51M | 634.30M | 530.55M | 502.68M | 525.46M | 445.05M |
| Gross Profit | 542.19M | 461.08M | 388.57M | 353.11M | 332.05M | 270.39M |
| Selling, General & Admin | 258.37M | 234.64M | 208.20M | 203.46M | 195.13M | 167.53M |
| Amortization of Goodwill & Intangibles | 81.67M | 53.32M | 32.80M | 28.95M | 25.94M | 20.83M |
| Operating Expenses | 340.04M | 287.95M | 241.01M | 232.41M | 221.06M | 188.36M |
| Operating Income | 202.15M | 173.13M | 147.56M | 120.70M | 110.98M | 82.03M |
| Interest Expense | -12.12M | -17.50M | -15.25M | -8.77M | -4.85M | -2.25M |
| Other Non Operating Income (Expenses) | 732.00K | -475.00K | -365.00K | -1.56M | 304.00K | -1.06M |
| EBT Excluding Unusual Items | 190.76M | 155.15M | 131.95M | 110.37M | 106.44M | 78.72M |
| Merger & Restructuring Charges | -10.90M | -2.30M | -1.00M | |||
| Gain (Loss) on Sale of Assets | 1.95M | |||||
| Pretax Income | 179.86M | 152.85M | 130.95M | 110.37M | 106.44M | 80.67M |
| Income Tax Expense | 40.03M | 36.55M | 28.32M | 24.68M | 24.11M | 17.18M |
| Earnings From Continuing Operations | 139.84M | 116.30M | 102.63M | 85.68M | 82.32M | 63.50M |
| Earnings From Discontinued Operations | 174.97M | 182.92M | -747.00K | 6.86M | ||
| Net Income | 314.81M | 299.22M | 101.88M | 92.55M | 82.32M | 63.50M |
| Net Income to Common | 314.81M | 299.22M | 101.88M | 92.55M | 82.32M | 63.50M |
| Shares Outstanding (Basic) | 25.87M | 25.81M | 25.77M | 25.80M | 25.93M | 26.05M |
| Shares Outstanding (Diluted) | 25.95M | 25.91M | 25.87M | 25.88M | 26.07M | 26.23M |
| EPS (Basic) | 12.17 | 11.59 | 3.95 | 3.59 | 3.17 | 2.44 |
| EPS (Diluted) | 12.13 | 11.55 | 3.94 | 3.58 | 3.16 | 2.42 |
| Free Cash Flow | 207.30M | 205.62M | 99.27M | 57.23M | 103.17M | 96.43M |
| Free Cash Flow Per Share | 7.99 | 7.94 | 3.84 | 2.21 | 3.96 | 3.68 |
| Dividend Per Share | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 |
| Gross Margin | 42.01% | 42.09% | 42.28% | 41.26% | 38.72% | 37.79% |
| Operating Margin | 15.66% | 15.80% | 16.05% | 14.10% | 12.94% | 11.47% |
| Profit Margin | 24.39% | 27.32% | 11.09% | 10.81% | 9.60% | 8.88% |
| Free Cash Flow Margin | 16.06% | 18.77% | 10.80% | 6.69% | 12.03% | 13.48% |
| EBITDA | 308.85M | 248.15M | 199.72M | 168.41M | 159.32M | 124.08M |
| EBITDA Margin | 23.93% | 22.65% | 21.73% | 19.68% | 18.58% | 17.34% |
| D&A For EBITDA | 106.69M | 75.02M | 52.16M | 47.71M | 48.34M | 42.05M |
| EBIT | 202.15M | 173.13M | 147.56M | 120.70M | 110.98M | 82.03M |
| EBIT Margin | 15.66% | 15.80% | 16.05% | 14.10% | 12.94% | 11.47% |
| Effective Tax Rate | 22.25% | 23.91% | 21.63% | 22.36% | 22.66% | 21.29% |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 73.24M | 101.35M | 65.96M | 41.87M | 97.72M | 56.23M |
| Cash & Short-Term Investments | 73.24M | 101.35M | 65.96M | 41.87M | 97.72M | 56.23M |
| Receivables | 395.11M | 344.28M | 288.81M | 337.19M | 289.80M | 240.11M |
| Inventory | 240.54M | 217.81M | 195.47M | 184.07M | 162.40M | 147.15M |
| Other Current Assets | 46.62M | 25.07M | 118.41M | 17.97M | 22.70M | 22.66M |
| Total Current Assets | 755.51M | 688.51M | 668.65M | 581.10M | 572.62M | 466.15M |
| Property, Plant & Equipment | 222.55M | 220.20M | 186.73M | 195.32M | 185.12M | 186.11M |
| Goodwill | 760.27M | 761.93M | 529.93M | 503.18M | 492.71M | 504.85M |
| Other Intangible Assets | 664.45M | 723.97M | 403.52M | 392.12M | 394.46M | 409.25M |
| Other Long-Term Assets | 17.21M | 15.78M | 49.78M | 11.49M | 9.54M | 10.98M |
| Total Assets | 2.42B | 2.41B | 1.84B | 1.68B | 1.65B | 1.58B |
| Accounts Payable | 116.54M | 96.53M | 88.94M | 86.97M | 78.75M | 56.67M |
| Accrued Expenses | 108.46M | 105.57M | 85.12M | 88.83M | 87.87M | 85.56M |
| Current Portion of Long-Term Debt | 20.00M | 20.00M | 20.00M | 20.00M | 20.00M | 20.00M |
| Current Portion of Leases | 7.80M | 7.45M | 6.20M | 6.57M | 6.50M | 6.72M |
| Current Income Taxes Payable | 5.75M | 62.01M | 6.25M | |||
| Current Unearned Revenue | 288.14M | 216.59M | 80.84M | 112.28M | 125.01M | 106.05M |
| Other Current Liabilities | 62.50M | |||||
| Total Current Liabilities | 546.69M | 508.15M | 349.85M | 314.65M | 318.13M | 275.00M |
| Long-Term Debt | 65.00M | 166.00M | 102.00M | 82.00M | 133.00M | 134.00M |
| Long-Term Leases | 57.86M | 59.40M | 51.36M | 54.96M | 44.70M | 55.38M |
| Long-Term Deferred Tax Liabilities | 115.33M | 112.39M | 72.62M | 75.53M | 82.02M | 73.56M |
| Other Long-Term Liabilities | 17.86M | 23.58M | 25.43M | 24.93M | 28.44M | 19.71M |
| Total Liabilities | 802.74M | 869.52M | 601.27M | 552.07M | 606.30M | 557.65M |
| Common Stock | 310.00K | 309.00K | 308.00K | 308.00K | 307.00K | 307.00K |
| Additional Paid-In Capital | 315.60M | 316.19M | 311.94M | 304.85M | 301.55M | 297.64M |
| Retained Earnings | 1.46B | 1.37B | 1.08B | 989.32M | 905.02M | 830.99M |
| Treasury Stock | -147.07M | -147.07M | -147.07M | -139.36M | -126.96M | -107.08M |
| Comprehensive Income & Other | -15.43M | -2.47M | -10.78M | -23.97M | -31.76M | -2.16M |
| Shareholders' Equity | 1.62B | 1.54B | 1.24B | 1.13B | 1.05B | 1.02B |
| Total Liabilities & Equity | 2.42B | 2.41B | 1.84B | 1.68B | 1.65B | 1.58B |
| Total Debt | 150.66M | 252.85M | 179.56M | 163.53M | 204.21M | 216.10M |
| Net Cash (Debt) | -77.42M | -151.50M | -113.60M | -121.67M | -106.48M | -159.87M |
| Net Cash Per Share | -2.98 | -5.85 | -4.39 | -4.70 | -4.09 | -6.10 |
| Filing Date Shares Outstanding | 25.91M | 25.85M | 25.79M | 25.80M | 25.89M | 26.10M |
| Total Common Shares Outstanding | 25.91M | 25.83M | 25.75M | 25.79M | 25.85M | 26.06M |
| Working Capital | 208.82M | 180.36M | 318.80M | 266.44M | 254.49M | 191.16M |
| Book Value Per Share | 62.42 | 59.66 | 48.05 | 43.87 | 40.54 | 39.13 |
| Tangible Book Value | 192.54M | 54.97M | 303.89M | 235.84M | 160.98M | 105.59M |
| Tangible Book Value Per Share | 7.43 | 2.13 | 11.80 | 9.15 | 6.23 | 4.05 |
| Land | 9.41M | 8.53M | 12.38M | 12.13M | 10.55M | |
| Buildings | 131.43M | 118.82M | 112.77M | 110.31M | 109.28M | |
| Machinery | 197.86M | 177.65M | 186.87M | 187.29M | 176.45M | |
| Construction In Progress | 20.59M | 13.27M | 18.17M | 11.58M | 5.54M | |
| Order Backlog | 1.13B | 664.20M | 592.00M |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 314.81M | 299.22M | 101.88M | 92.55M | 82.32M | 63.50M |
| Depreciation & Amortization | 106.69M | 75.02M | 52.16M | 47.71M | 48.34M | 42.05M |
| Loss (Gain) From Sale of Assets | -1.95M | |||||
| Stock-Based Compensation | 12.92M | 10.67M | 8.60M | 8.91M | 7.32M | 6.91M |
| Other Operating Activities | -174.79M | -193.90M | -7.65M | -12.32M | 8.95M | -3.04M |
| Change in Accounts Receivable | 12.26M | 12.26M | -21.49M | -49.38M | -30.09M | 20.24M |
| Change in Inventory | -5.14M | -5.14M | -24.37M | -16.31M | -13.79M | 612.00K |
| Change in Accounts Payable | -2.19M | -2.19M | 11.48M | 5.11M | 21.98M | -688.00K |
| Change in Other Net Operating Assets | 40.91M | 4.46M | 970.00K | 4.46M | 10.24M | -4.49M |
| Operating Cash Flow | 243.97M | 241.94M | 127.54M | 76.89M | 135.28M | 123.14M |
| Capital Expenditures | -36.67M | -36.32M | -28.27M | -19.66M | -32.10M | -26.70M |
| Sale of Property, Plant & Equipment | 1.95M | |||||
| Cash Acquisitions | -10.23M | -472.01M | -56.38M | -17.69M | -10.91M | -168.90M |
| Sale (Purchase) of Intangibles | -10.70M | -15.84M | -11.90M | -10.27M | -12.91M | -8.78M |
| Other Investing Activities | 270.89M | 268.38M | -8.08M | -4.84M | ||
| Investing Cash Flow | 213.28M | -255.79M | -104.64M | -52.47M | -55.92M | -202.44M |
| Long-Term Debt Issued | 661.00M | 217.00M | 103.00M | 100.00M | 216.00M | |
| Long-Term Debt Repaid | -597.00M | -197.00M | -154.00M | -101.00M | -124.37M | |
| Net Debt Issued (Repaid) | -440.00M | 64.00M | 20.00M | -51.00M | -1.00M | 91.63M |
| Repurchase of Common Stock | -8.00M | -12.40M | -19.88M | |||
| Common Dividends Paid | -8.28M | -8.26M | -8.25M | -8.25M | -8.27M | -8.34M |
| Other Financing Activities | -11.93M | -6.20M | -4.53M | -6.68M | -2.98M | -1.82M |
| Financing Cash Flow | -460.21M | 49.54M | -773.00K | -78.33M | -32.12M | 81.47M |
| Foreign Exchange Rate Adjustments | -2.63M | -304.00K | 1.97M | -1.95M | -5.74M | 1.50M |
| Net Cash Flow | -5.58M | 35.39M | 24.10M | -55.86M | 41.49M | 3.67M |
| Free Cash Flow | 207.30M | 205.62M | 99.27M | 57.23M | 103.17M | 96.43M |
| Free Cash Flow Margin | 16.06% | 18.77% | 10.80% | 6.69% | 12.03% | 13.48% |
| Free Cash Flow Per Share | 7.99 | 7.94 | 3.84 | 2.21 | 3.96 | 3.68 |
| Levered Free Cash Flow | 233.94M | 303.37M | 75.39M | 28.77M | 55.36M | 66.25M |
| Unlevered Free Cash Flow | 241.51M | 314.31M | 84.92M | 34.25M | 58.39M | 67.66M |
| Cash Interest Paid | 14.97M | 17.42M | 14.54M | 8.66M | 2.83M | 590.00K |
| Cash Income Tax Paid | 92.89M | 50.05M | 38.01M | 30.24M | 9.86M | 26.05M |
| Change in Working Capital | 45.84M | 9.38M | -33.41M | -56.12M | -11.65M | 15.67M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 6.24B | 5.45B | 3.32B | 2.69B | 1.90B | 2.01B |
| Enterprise Value | 6.32B | 5.96B | 3.49B | 2.85B | 2.09B | 2.04B |
| Last Close Price | 237.70 | 210.77 | 128.50 | 103.74 | 72.68 | 75.96 |
| PE Ratio | 19.85 | 18.22 | 32.60 | 29.10 | 23.06 | 31.60 |
| Forward PE | 26.63 | 29.42 | 27.64 | 25.39 | 20.47 | 24.01 |
| PS Ratio | 4.77 | 4.98 | 3.61 | 3.15 | 2.21 | 2.81 |
| PB Ratio | 3.81 | 3.54 | 2.68 | 2.38 | 1.81 | 1.97 |
| P/TBV Ratio | 31.98 | 99.18 | 10.93 | 11.42 | 11.79 | 19.00 |
| P/FCF Ratio | 29.71 | 26.52 | 33.46 | 47.05 | 18.40 | 20.81 |
| P/OCF Ratio | 25.24 | 22.53 | 26.04 | 35.02 | 14.04 | 16.30 |
| PEG Ratio | 1.44 | 2.32 | 1.94 | 1.78 | 1.44 | 1.69 |
| EV/Sales Ratio | 4.83 | 5.45 | 3.80 | 3.33 | 2.44 | 2.85 |
| EV/EBITDA Ratio | 20.19 | 24.04 | 17.47 | 16.91 | 13.12 | 16.41 |
| EV/EBIT Ratio | 30.85 | 34.45 | 23.65 | 23.59 | 18.83 | 24.82 |
| EV/FCF Ratio | 30.08 | 29.01 | 35.15 | 49.74 | 20.26 | 21.12 |
| Debt / Equity Ratio | 0.09 | 0.16 | 0.14 | 0.14 | 0.20 | 0.21 |
| Debt / EBITDA Ratio | 0.47 | 0.99 | 0.87 | 0.93 | 1.23 | 1.66 |
| Debt / FCF Ratio | 0.73 | 1.23 | 1.81 | 2.86 | 1.98 | 2.24 |
| Net Debt / Equity Ratio | 0.05 | 0.10 | 0.09 | 0.11 | 0.10 | 0.16 |
| Net Debt / EBITDA Ratio | 0.25 | 0.61 | 0.57 | 0.72 | 0.67 | 1.29 |
| Net Debt / FCF Ratio | 0.37 | 0.74 | 1.14 | 2.13 | 1.03 | 1.66 |
| Asset Turnover | 0.52 | 0.52 | 0.52 | 0.51 | 0.53 | 0.48 |
| Inventory Turnover | 3.13 | 3.07 | 2.80 | 2.90 | 3.40 | 3.15 |
| Quick Ratio | 0.86 | 0.88 | 1.01 | 1.21 | 1.22 | 1.08 |
| Current Ratio | 1.38 | 1.35 | 1.91 | 1.85 | 1.80 | 1.70 |
| Return on Equity (ROE) | 9.50% | 8.37% | 8.67% | 7.86% | 7.96% | 6.42% |
| Return on Assets (ROA) | 5.11% | 5.09% | 5.24% | 4.52% | 4.29% | 3.48% |
| Return on Invested Capital (ROIC) | 9.24% | 8.66% | 8.88% | 7.78% | 7.36% | 5.87% |
| Return on Capital Employed (ROCE) | 10.80% | 9.10% | 9.90% | 8.80% | 8.30% | 6.30% |
| Earnings Yield | 5.04% | 5.49% | 3.07% | 3.44% | 4.34% | 3.16% |
| FCF Yield | 3.37% | 3.77% | 2.99% | 2.12% | 5.43% | 4.81% |
| Dividend Yield | 0.13% | 0.15% | 0.25% | 0.31% | 0.44% | 0.42% |
| Payout Ratio | 2.64% | 2.76% | 8.09% | 8.92% | 10.04% | 13.13% |
| Buyback Yield / Dilution | -0.22% | -0.15% | 0.03% | 0.72% | 0.60% | -0.34% |
| Total Shareholder Return | -0.08% | 0.01% | 0.27% | 1.03% | 1.04% | 0.07% |