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Dec 31, 2020

Enpro Q4 2020 Earnings Report

Announced Q4 and Full Year 2020 results and introduced full year 2021 guidance.

Key Takeaways

Enpro Industries reported a decrease in sales by 3.7% to $276.0 million for the quarter. Adjusted EBITDA increased by 11.1% to $48.1 million, with adjusted EBITDA margin increasing by 230 bps to 17.4%. The company reported a loss from continuing operations attributable to EnPro Industries, Inc. of $8.9 million for the quarter, and adjusted diluted earnings per share increased by 27.8% to $1.24.

Sales decreased 3.7% to $276.0 million for the quarter.

Adjusted EBITDA increased 11.1% to $48.1 million for the quarter, adjusted EBITDA margin increased 230 bps to 17.4%.

Diluted loss per share from continuing operations attributable to EnPro Industries, Inc. was $0.43 for the quarter.

Adjusted diluted earnings per share increased 27.8% to $1.24 for the quarter versus $0.97 in the prior-year period.

Total Revenue
$276M
Previous year: $287M
-3.7%
EPS
$1.24
Previous year: $0.57
+117.5%
Adjusted EBITDA
$48.1M
Previous year: $43.3M
+11.1%
Adjusted EBITDA Margin
17.4%
Previous year: 15.1%
+15.2%
Gross Profit
$104M
Previous year: $98.1M
+5.5%
Cash and Equivalents
$230M
Previous year: $121M
+89.4%
Total Assets
$2.08B
Previous year: $2.04B
+2.4%

Enpro

Enpro

Enpro Revenue by Segment

Forward Guidance

EnPro expects 2021 sales to be in a range of $1.04 billion to $1.08 billion, adjusted EBITDA to be in a range of $178 million to $188 million, and adjusted diluted earnings per share from continuing operations to be in a range of $4.32 to $4.66.

Revenue & Expenses

Visualization of income flow from segment revenue to net income