CSW Industrials reported record fiscal 2025 second quarter results, with revenue increasing by 11.9% to $227.9 million. Net income attributable to CSWI increased by 20.0% to $36.1 million, and EPS increased by 17.1% to $2.26. The company also paid down $115.0 million in debt and increased its quarterly cash dividend by 14%.
Total revenue increased 11.9% to a record $227.9 million, driven by organic growth of 6.2% and inorganic growth of 5.7% from acquisitions.
Net income attributable to CSWI increased 20.0% to $36.1 million, compared to $30.1 million.
Earnings per diluted share increased 17.1% to $2.26, compared to $1.93.
The company issued 1.265 million shares of stock at $285 per share, resulting in net proceeds of $347.4 million, and paid down $115.0 million in debt.
No specific forward guidance was provided in the press release.