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Mar 31

Enpro Q1 2025 Earnings Report

Enpro reported strong first quarter 2025 financial results with increased sales, net income, and adjusted EBITDA driven by strong operating performance in both segments.

Key Takeaways

Enpro delivered a strong performance in the first quarter of 2025, with net sales increasing by 6.1% year-over-year to $273.2 million. Net income surged by 96% to $24.5 million, and adjusted diluted EPS rose by 21% to $1.90. Both the Sealing Technologies and Advanced Surface Technologies segments contributed to the growth and improved profitability, reflecting continued strong execution.

Net sales increased by 6.1% to $273.2 million in Q1 2025 compared to Q1 2024.

Net income grew significantly by 96% to $24.5 million, up from $12.5 million in the prior year.

Adjusted diluted earnings per share rose by 21% to $1.90 from $1.57 in the first quarter of 2024.

Adjusted EBITDA was $67.8 million, or 24.8% of sales, an increase of 16.1% year-over-year.

Total Revenue
$273M
Previous year: $258M
+6.1%
EPS
$1.9
Previous year: $1.57
+21.0%
Adjusted EBITDA
$67.8M
Previous year: $58.4M
+16.1%
Adjusted EBITDA Margin
24.8%
Previous year: 22.7%
+9.3%
Adjusted Segment EBITDA - Sealing
$58.7M
Previous year: $53M
+10.8%
Gross Profit
$118M
Previous year: $106M
+11.3%
Cash and Equivalents
$240M
Previous year: $164M
+46.6%
Free Cash Flow
$11.6M
Previous year: -$1.9M
-710.5%
Total Assets
$2.51B
Previous year: $2.53B
-0.8%

Enpro

Enpro

Enpro Revenue by Segment

Forward Guidance

Enpro maintains its prior full-year 2025 guidance.

Positive Outlook

  • Revenue growth expected in the low to mid-single-digit range.
  • Adjusted EBITDA expected in the range of $262 million to $277 million.
  • Adjusted diluted earnings per share expected in the range of $7.00 to $7.70 per share.
  • Company believes direct cost impact of recently announced tariffs will be minimal and manageable.
  • Strong balance sheet and consistent free cash flow generation expected to maintain momentum.

Challenges Ahead

  • Guidance excludes changes in shares outstanding.
  • Guidance excludes impacts from future and pending acquisitions, dispositions, and related transaction costs.
  • Guidance excludes restructuring costs.
  • Guidance excludes the impact of changes in foreign exchange rates subsequent to March 31, 2025.
  • Guidance excludes any incremental impact on demands and costs arising from tariffs announced, or trade tensions arising, subsequent to May 5, 2025.

Revenue & Expenses

Visualization of income flow from segment revenue to net income