NYSE : FPS
Forgent Power Solutions, Inc. — Financial statements
Technology · Electronic Components · United States
Last price 25.81 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 7.86B
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Financial statements
Forgent Power Solutions, Inc. (FPS) reported revenue of 1.42B 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 | |
|---|---|---|---|---|
| Revenue | 1.42B | 1.42B | 753.19M | 245.79M |
| Cost of Revenue | 922.66M | 922.66M | 475.12M | 154.23M |
| Gross Profit | 497.40M | 497.40M | 278.07M | 91.55M |
| Selling, General & Admin | 262.89M | 262.89M | 146.27M | 63.40M |
| Operating Expenses | 315.11M | 315.11M | 205.83M | 83.91M |
| Operating Income | 182.29M | 182.29M | 72.24M | 7.64M |
| Interest Expense | -57.13M | -57.13M | -54.78M | -22.63M |
| Interest & Investment Income | 2.79M | 2.79M | 5.56M | 2.17M |
| Other Non Operating Income (Expenses) | -749.00K | -749.00K | -231.00K | -694.00K |
| EBT Excluding Unusual Items | 127.20M | 127.20M | 22.79M | -13.51M |
| Other Unusual Items | 200.00K | 200.00K | ||
| Pretax Income | 127.40M | 127.40M | 22.79M | -13.51M |
| Income Tax Expense | 21.36M | 21.36M | 5.34M | -2.77M |
| Earnings From Continuing Operations | 106.03M | 106.03M | 17.45M | -10.74M |
| Minority Interest in Earnings | -24.19M | -24.19M | -2.25M | 1.38M |
| Net Income | 81.84M | 81.84M | 15.20M | -9.36M |
| Preferred Dividends & Other Adjustments | 8.92M | 8.92M | ||
| Net Income to Common | 72.92M | 72.92M | 15.20M | -9.36M |
| Shares Outstanding (Basic) | 243.53M | 243.53M | ||
| Shares Outstanding (Diluted) | 243.80M | 243.80M | ||
| EPS (Basic) | 0.30 | 0.30 | ||
| EPS (Diluted) | 0.30 | 0.30 | ||
| Free Cash Flow | -6.82M | -6.82M | -39.09M | -4.56M |
| Free Cash Flow Per Share | -0.03 | -0.03 | ||
| Gross Margin | 35.03% | 35.03% | 36.92% | 37.25% |
| Operating Margin | 12.84% | 12.84% | 9.59% | 3.11% |
| Profit Margin | 5.13% | 5.13% | 2.02% | -3.81% |
| Free Cash Flow Margin | -0.48% | -0.48% | -5.19% | -1.86% |
| EBITDA | 249.19M | 249.19M | 137.10M | 29.32M |
| EBITDA Margin | 17.55% | 17.55% | 18.20% | 11.93% |
| D&A For EBITDA | 66.90M | 66.90M | 64.86M | 21.68M |
| EBIT | 182.29M | 182.29M | 72.24M | 7.64M |
| EBIT Margin | 12.84% | 12.84% | 9.59% | 3.11% |
| Effective Tax Rate | 16.77% | 16.77% | 23.43% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | |
|---|---|---|---|---|
| Cash & Equivalents | 97.48M | 97.48M | 111.32M | 186.40M |
| Cash & Short-Term Investments | 97.48M | 97.48M | 111.32M | 186.40M |
| Receivables | 349.67M | 349.67M | 164.02M | 81.25M |
| Inventory | 249.82M | 249.82M | 117.58M | 83.12M |
| Prepaid Expenses | 23.65M | 23.65M | 10.86M | 8.85M |
| Restricted Cash | 24.24M | 24.24M | ||
| Other Current Assets | 73.24M | 73.24M | 41.37M | 27.68M |
| Total Current Assets | 818.09M | 818.09M | 445.15M | 387.30M |
| Property, Plant & Equipment | 313.39M | 313.39M | 225.94M | 48.59M |
| Goodwill | 516.63M | 516.63M | 516.63M | 516.63M |
| Other Intangible Assets | 289.49M | 289.49M | 337.27M | 395.95M |
| Long-Term Deferred Tax Assets | 280.97M | 280.97M | ||
| Other Long-Term Assets | 12.20M | 12.20M | 11.70M | 3.55M |
| Total Assets | 2.23B | 2.23B | 1.54B | 1.35B |
| Accounts Payable | 130.45M | 130.45M | 61.94M | 26.76M |
| Accrued Expenses | 95.88M | 95.88M | 65.31M | 28.76M |
| Current Portion of Long-Term Debt | 6.00M | 6.00M | 5.17M | 5.17M |
| Current Portion of Leases | 8.63M | 8.63M | 6.88M | 2.02M |
| Current Income Taxes Payable | 16.03M | 16.03M | 11.56M | 5.13M |
| Current Unearned Revenue | 263.86M | 263.86M | 110.89M | 90.15M |
| Other Current Liabilities | 10.45M | 10.45M | 19.90M | 31.46M |
| Total Current Liabilities | 531.29M | 531.29M | 281.66M | 189.45M |
| Long-Term Debt | 576.17M | 576.17M | 496.93M | 499.98M |
| Long-Term Leases | 112.97M | 112.97M | 121.49M | 16.20M |
| Long-Term Deferred Tax Liabilities | 63.32M | 53.42M | ||
| Other Long-Term Liabilities | 338.93M | 338.93M | ||
| Total Liabilities | 1.56B | 1.56B | 963.40M | 759.06M |
| Common Stock | 3.00K | 3.00K | 374.53M | 517.95M |
| Additional Paid-In Capital | 484.99M | 484.99M | ||
| Retained Earnings | 79.32M | 79.32M | ||
| Total Common Equity | 564.32M | 564.32M | 374.53M | 517.95M |
| Minority Interest | 107.08M | 107.08M | 198.75M | 75.00M |
| Shareholders' Equity | 671.40M | 671.40M | 573.29M | 592.95M |
| Total Liabilities & Equity | 2.23B | 2.23B | 1.54B | 1.35B |
| Total Debt | 703.77M | 703.77M | 630.48M | 523.37M |
| Net Cash (Debt) | -606.29M | -606.29M | -519.15M | -336.98M |
| Net Cash Per Share | -2.49 | -2.49 | ||
| Filing Date Shares Outstanding | 274.53M | 274.53M | ||
| Total Common Shares Outstanding | 259.97M | 259.97M | ||
| Working Capital | 286.80M | 286.80M | 163.49M | 197.85M |
| Book Value Per Share | 2.17 | 2.17 | ||
| Tangible Book Value | -241.80M | -241.80M | -479.37M | -394.63M |
| Tangible Book Value Per Share | -0.93 | -0.93 | ||
| Machinery | 93.24M | 93.24M | 43.71M | 16.51M |
| Construction In Progress | 58.81M | 58.81M | 27.89M | 2.54M |
| Leasehold Improvements | 73.34M | 73.34M | 40.42M | 9.59M |
| Order Backlog | 3.00B | 3.00B |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | |
|---|---|---|---|---|
| Net Income | 81.84M | 81.84M | 15.20M | -10.74M |
| Depreciation & Amortization | 66.90M | 66.90M | 64.86M | 21.68M |
| Other Amortization | 12.99M | 12.99M | 2.51M | 4.17M |
| Stock-Based Compensation | 10.04M | 10.04M | 1.78M | 653.00K |
| Provision & Write-off of Bad Debts | 3.00M | 3.00M | -207.00K | -248.00K |
| Other Operating Activities | 58.83M | 58.83M | -5.12M | -9.76M |
| Change in Accounts Receivable | -172.66M | -172.66M | -78.51M | -13.85M |
| Change in Inventory | -142.91M | -142.91M | -34.47M | -8.11M |
| Change in Accounts Payable | 68.51M | 68.51M | 35.18M | 1.04M |
| Change in Unearned Revenue | 152.96M | 152.96M | 20.75M | 8.90M |
| Change in Other Net Operating Assets | -30.42M | -30.42M | 23.05M | 6.37M |
| Operating Cash Flow | 109.08M | 109.08M | 45.02M | 103.00K |
| Capital Expenditures | -115.91M | -115.91M | -84.11M | -4.67M |
| Cash Acquisitions | -741.74M | |||
| Investing Cash Flow | -115.91M | -115.91M | -84.11M | -746.41M |
| Short-Term Debt Issued | 5.25M | |||
| Long-Term Debt Issued | 594.00M | 594.00M | 517.30M | |
| Total Debt Issued | 594.00M | 594.00M | 522.55M | |
| Long-Term Debt Repaid | -512.61M | -512.61M | -5.17M | -1.02M |
| Net Debt Issued (Repaid) | 81.39M | 81.39M | -5.17M | 521.54M |
| Issuance of Common Stock | 1.52B | 1.52B | 436.45M | |
| Common Dividends Paid | -1.44M | -1.44M | -9.04M | -663.00K |
| Other Financing Activities | -1.59B | -1.59B | -21.77M | -17.06M |
| Financing Cash Flow | 17.21M | 17.21M | -35.98M | 940.27M |
| Net Cash Flow | 10.39M | 10.39M | -75.07M | 193.96M |
| Free Cash Flow | -6.82M | -6.82M | -39.09M | -4.56M |
| Free Cash Flow Margin | -0.48% | -0.48% | -5.19% | -1.86% |
| Free Cash Flow Per Share | -0.03 | -0.03 | ||
| Levered Free Cash Flow | -87.48M | -87.48M | -49.62M | |
| Unlevered Free Cash Flow | -64.77M | -64.77M | -17.89M | |
| Cash Interest Paid | 48.16M | 48.16M | 54.60M | 11.16M |
| Cash Income Tax Paid | 13.69M | 13.69M | 7.39M | 11.41M |
| Change in Working Capital | -124.52M | -124.52M | -34.00M | -5.65M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | |
|---|---|---|---|---|
| Market Capitalization | 7.48B | 13.64B | ||
| Enterprise Value | 8.08B | 14.39B | ||
| Last Close Price | 24.56 | 55.86 | ||
| PE Ratio | 82.02 | 186.99 | ||
| Forward PE | 18.19 | 51.76 | ||
| PS Ratio | 5.27 | 9.60 | ||
| PB Ratio | 11.31 | 20.31 | ||
| P/OCF Ratio | 68.54 | 125.01 | ||
| PEG Ratio | 0.27 | 0.65 | ||
| EV/Sales Ratio | 5.69 | 10.13 | ||
| EV/EBITDA Ratio | 32.44 | 57.73 | ||
| EV/EBIT Ratio | 44.34 | 78.92 | ||
| Debt / Equity Ratio | 1.05 | 1.05 | 1.10 | 0.88 |
| Debt / EBITDA Ratio | 2.56 | 2.56 | 3.99 | 15.88 |
| Net Debt / Equity Ratio | 0.90 | 0.90 | 0.91 | 0.57 |
| Net Debt / EBITDA Ratio | 2.43 | 2.43 | 3.79 | 11.49 |
| Net Debt / FCF Ratio | -88.85 | -88.85 | -13.28 | -73.85 |
| Asset Turnover | 0.75 | 0.75 | 0.52 | |
| Inventory Turnover | 5.02 | 5.02 | 4.74 | |
| Quick Ratio | 0.84 | 0.84 | 0.98 | 1.41 |
| Current Ratio | 1.54 | 1.54 | 1.58 | 2.04 |
| Return on Equity (ROE) | 17.04% | 17.04% | 2.99% | |
| Return on Assets (ROA) | 6.05% | 6.05% | 3.13% | |
| Return on Invested Capital (ROIC) | 12.26% | 12.80% | 5.47% | 0.82% |
| Return on Capital Employed (ROCE) | 10.70% | 10.70% | 5.80% | 0.70% |
| Earnings Yield | 1.22% | 0.60% | ||
| FCF Yield | -0.09% | -0.05% | ||
| Payout Ratio | 1.76% | 59.46% |