CSW Industrials, Inc. (CSW) Key Metrics

NYSE: CSWValuation, returns, debt and efficiency ratios over 10 years.

CSW valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$4.70B
Enterprise value
$5.66B
P/E (TTM)
39.5
10-yr median 30.8
Forward P/E
42.6
PEG ratio
2.84
Price / sales
4.0
10-yr median 2.9
Price / book
4.5
10-yr median 4.0
EV / EBITDA
21.3
10-yr median 15.2
Dividend yield
0.42%
$1.20 a year
Beta
0.81

CSW key metrics, FY2017–FY2026

Fiscal year ended March 31, 2026 · U.S. dollars

CSW valuation Price multiples at each fiscal year-end price.

P/E ratio+11.7%
38.9
FY2026 · hover or tap a bar for each year
FY2017: 52.5 (+170.9%)FY2019: 19.5FY2020: 21.6 (+10.5%)FY2021: 30.8 (+42.6%)FY2022: 28.0 (−9.0%)FY2023: 22.4 (−20.0%)FY2024: 36.0 (+60.6%)FY2025: 34.8 (−3.2%)FY2026: 38.9 (+11.7%)
FY2017FY2026
Price / sales−25.7%
4.0
FY2026 · hover or tap a bar for each year
FY2017: 1.8 (+15.1%)FY2018: 2.2 (+21.8%)FY2019: 2.5 (+17.4%)FY2020: 2.6 (+0.6%)FY2021: 3.3 (+27.6%)FY2022: 3.0 (−9.0%)FY2023: 2.8 (−4.0%)FY2024: 4.6 (+61.8%)FY2025: 5.4 (+17.4%)FY2026: 4.0 (−25.7%)
FY2017FY2026
Price / book−6.5%
4.1
FY2026 · hover or tap a bar for each year
FY2017: 2.1 (+11.5%)FY2018: 2.7 (+24.5%)FY2019: 3.4 (+27.0%)FY2020: 3.6 (+5.6%)FY2021: 4.4 (+22.2%)FY2022: 4.0 (−9.0%)FY2023: 4.1 (+3.7%)FY2024: 5.9 (+44.5%)FY2025: 4.4 (−25.3%)FY2026: 4.1 (−6.5%)
FY2017FY2026
EV / EBITDA+2.1%
21.0
FY2026 · hover or tap a bar for each year
FY2017: 13.1 (+47.1%)FY2018: 11.0 (−16.0%)FY2019: 11.6 (+5.6%)FY2020: 13.6 (+16.5%)FY2021: 17.6 (+29.6%)FY2022: 16.3 (−7.3%)FY2023: 14.1 (−13.5%)FY2024: 19.4 (+37.9%)FY2025: 20.6 (+5.9%)FY2026: 21.0 (+2.1%)
FY2017FY2026
Price / free cash flow+5.2%
32.9
FY2026 · hover or tap a bar for each year
FY2017: 19.6 (+20.9%)FY2018: 18.8 (−4.2%)FY2019: 17.0 (−9.1%)FY2020: 16.9 (−1.1%)FY2021: 35.6 (+110.8%)FY2022: 34.8 (−2.2%)FY2023: 20.1 (−42.2%)FY2024: 24.7 (+23.1%)FY2025: 31.3 (+26.4%)FY2026: 32.9 (+5.2%)
FY2017FY2026
Free cash flow yield−0.2 pts
3.0%
FY2026 · hover or tap a bar for each year
FY2017: 5.1% (−1.1 pts)FY2018: 5.3% (+0.2 pts)FY2019: 5.9% (+0.5 pts)FY2020: 5.9% (+0.1 pts)FY2021: 2.8% (−3.1 pts)FY2022: 2.9% (+0.1 pts)FY2023: 5.0% (+2.1 pts)FY2024: 4.0% (−0.9 pts)FY2025: 3.2% (−0.8 pts)FY2026: 3.0% (−0.2 pts)
FY2017FY2026

CSW valuation history

Fiscal year-endToday10-year median

CSW returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

CSW debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

CSW cash returned to shareholders

DividendsBuybacksFree cash flow

CSW price vs earnings per share

Share price at year-endEPS (right axis)

CSW key metrics

FY2017–FY2026
CSW Industrials, Inc. key metrics by fiscal year
FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Valuation
Market capitalization$4.35B$4.76B$3.66B$2.16B$1.86B$2.04B$986.1M$889.8M$706.0M$581.3M
Enterprise value$5.25B$4.60B$3.87B$2.46B$2.17B$2.35B$996.9M$894.6M$718.3M$629.6M
P/E ratio38.934.836.022.428.030.821.619.5—52.5
Price / sales4.05.44.62.83.03.32.62.52.21.8
Price / book4.14.45.94.14.04.43.63.42.72.1
Price / free cash flow32.931.324.720.134.835.616.917.018.819.6
Price / operating cash flow29.128.222.217.826.930.814.114.916.414.9
EV / sales4.95.24.93.23.53.82.62.62.21.9
EV / EBITDA21.020.619.414.116.317.613.611.611.013.1
EV / free cash flow39.730.226.222.940.640.917.117.119.121.2
Earnings yield2.6%2.9%2.8%4.5%3.6%3.3%4.6%5.1%−1.7%1.9%
Free cash flow yield3.0%3.2%4.0%5.0%2.9%2.8%5.9%5.9%5.3%5.1%
Dividend yield0.4%0.3%0.3%0.5%0.5%0.4%0.8%———
Shareholder yield (dividends + buybacks)3.5%0.9%0.7%2.3%1.5%0.9%3.7%5.2%0.3%0.2%
Share price at fiscal year-end$260.58$291.52$234.60$138.93$117.59$135.00$64.85$57.29$45.05$36.70
Per share
Revenue per share$64.78$53.84$50.89$48.75$39.63$41.41$25.38$22.54$20.82$20.65
Earnings per share$6.70$8.38$6.52$6.20$4.20$4.39$3.01$2.93−$0.76$0.70
Operating cash flow per share$8.95$10.32$10.55$7.81$4.37$4.38$4.60$3.84$2.75$2.46
Free cash flow per share$7.92$9.32$9.48$6.92$3.38$3.80$3.84$3.36$2.40$1.87
Cash per share$2.02$13.84$1.42$1.19$1.05$1.10$1.21$1.72$0.75$1.57
Book value per share$62.85$65.73$39.52$33.81$29.68$31.01$18.20$16.98$16.96$17.20
Tangible book value per share−$28.86$27.60$3.19−$2.31−$3.57−$3.73$9.13$8.17$8.36$6.37
Dividends per share$1.08$0.89$0.76$0.68$0.60$0.53$0.53———
Capex per share$1.03$1.00$1.06$0.90$0.99$0.58$0.75$0.48$0.35$0.59
Debt per share$55.77$4.25$14.99$20.48$20.58$21.51$1.92$2.03$1.53$4.62
Shares outstanding16.7M16.3M15.6M15.5M15.8M15.1M15.2M15.5M15.7M15.8M
Change in shares outstanding+2.4%+4.7%+0.2%−1.7%+4.5%−0.5%−2.1%−0.9%−1.1%+1.0%
Returns & profitability
Return on equity (ROE)10.6%16.2%17.8%19.4%14.2%17.8%16.9%17.2%−4.4%4.2%
Return on invested capital (ROIC)10.0%15.9%14.1%13.3%9.3%13.5%18.4%16.6%11.5%3.7%
Return on assets (ROA)6.1%11.3%9.7%9.5%6.7%9.7%12.7%13.1%−3.2%2.8%
Return on tangible assets14.3%18.1%21.3%20.0%14.1%14.1%19.8%21.1%−5.8%4.9%
Free cash flow margin12.2%17.3%18.6%14.2%8.5%9.2%15.2%14.9%11.5%9.1%
Income quality (OCF / net income)1.341.231.621.261.041.001.531.31—3.53
Financial health
Total debt$932.0M$69.4M$233.6M$318.4M$325.3M$325.3M$29.1M$31.5M$24.0M$73.2M
Cash & short-term investments$33.8M$225.8M$22.2M$18.5M$16.6M$16.6M$18.3M$26.7M$11.7M$24.9M
Net debt$898.2M−$156.5M$211.4M$299.9M$308.7M$308.7M$10.8M$4.8M$12.3M$48.3M
Debt / equity0.890.060.380.610.690.690.110.120.090.27
Debt / assets0.400.050.220.310.330.330.080.090.070.18
Net debt / EBITDA3.59−0.701.061.722.322.310.150.060.191.01
Current ratio2.604.032.862.992.562.562.543.082.843.88
Quick ratio1.232.701.561.491.281.281.632.031.892.54
Interest coverage8.3673.812.510.518.040.949.541.921.98.3
Working capital$362.1M$445.7M$215.6M$215.0M$182.7M$182.7M$90.9M$102.1M$82.7M$108.5M
Invested capital$1.95B$915.8M$827.1M$825.6M$777.8M$777.8M$287.5M$268.5M$278.1M$320.7M
Tangible asset value−$463.3M$470.4M$69.1M−$17.5M−$41.1M−$41.1M$138.9M$126.9M$130.9M$101.0M
Net current asset value−$658.3M$306.2M−$76.8M−$176.3M−$210.8M−$210.8M$57.5M$62.3M$52.5M$21.1M
Graham number$97.37$111.30$76.16$68.70$52.95$55.34$35.09$33.48—$16.45
Graham net-net per share−$53.76$9.50−$12.98−$19.75−$20.70−$21.63$0.58$0.84$0.36−$1.91
Capital allocation
Dividends paid$18.0M$14.6M$11.8M$10.6M$9.5M$8.1M$8.1M———
Share buybacks (net)$132.7M$27.7M$15.3M$39.1M$19.3M$10.5M$28.5M$46.7M$2.2M$1.0M
Dividend payout ratio16.1%10.7%11.6%10.9%14.2%12.2%17.8%———
Dividends + buybacks / free cash flow113.9%27.8%18.3%46.2%53.8%32.3%62.6%89.5%6.0%3.4%
Capex / revenue1.6%1.9%2.1%1.8%2.5%1.4%3.0%2.1%1.7%2.9%
Capex / operating cash flow11.5%9.7%10.1%11.5%22.7%13.3%16.4%12.6%12.8%24.0%
Capex / depreciation0.260.380.440.390.420.380.770.540.370.59
Stock-based compensation / revenue1.4%1.5%1.5%1.3%1.3%1.4%1.3%1.1%1.3%1.4%
R&D / revenue—0.6%0.7%0.6%0.8%0.7%1.1%1.2%1.4%1.5%
SG&A / revenue24.9%23.2%23.2%23.0%25.3%——28.8%29.8%32.8%
Efficiency
Days sales outstanding62.662.861.959.571.657.666.767.568.962.8
Days of inventory on hand146.4130.1128.9129.4146.6100.491.891.395.696.4
Days payables outstanding38.238.836.836.746.734.435.834.727.819.2
Cash conversion cycle (days)170.8154.1154.0152.1171.4123.6122.7124.1136.7140.0
Receivables turnover5.835.815.906.145.106.345.475.415.305.82
Payables turnover9.559.409.939.947.8110.6110.2010.5313.1119.05
Inventory turnover2.492.812.832.822.493.633.974.003.823.79
Asset turnover0.590.730.760.740.630.921.071.010.880.83
Average receivables$185.7M$151.2M$134.4M$123.5M$122.8M$98.8M$70.5M$64.8M$61.6M$56.2M
Average payables$65.8M$51.6M$44.5M$44.2M$47.8M$34.9M$20.5M$17.9M$13.6M$10.1M
Average inventory$252.3M$172.8M$156.2M$155.8M$150.1M$101.9M$52.6M$47.2M$46.7M$51.0M
Intangibles / total assets66.2%45.1%54.3%53.8%52.8%52.8%37.3%38.8%39.6%43.1%

Computed from CSW's annual financial statements (latest annual report filed May 26, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

CSW valuation and financial ratios

At the end of fiscal 2026 (March 31, 2026), CSW Industrials traded at 38.9 times earnings, against a 10-year median of 30.8. Based on the latest twelve months, the trailing P/E is 39.5 and the forward P/E is 42.6. CSW Industrials earned a return on equity of 10.6% and a return on invested capital of 10.0% in fiscal 2026. It ended the year with $932.0 million of debt and $33.8 million in cash and short-term investments, net debt of $898.2 million. It returned $150.8 million to shareholders: $18.0 million in dividends and $132.7 million in share buybacks, 114% of free cash flow. The share count rose 5.5% from 15.8M to 16.7M over 9 years.

See the CSW income statement, the CSW chart for price history, or the CSW stock overview for the latest quote and news.

CSW key metrics FAQ

What is CSW Industrials's P/E ratio?

CSW Industrials's trailing P/E ratio is 39.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 42.6. At the end of fiscal 2026 it was 38.9, compared with a 10-year median of 30.8.

What is CSW Industrials's EV/EBITDA?

CSW Industrials's enterprise value was 21.0 times EBITDA at the end of fiscal 2026 (enterprise value $5.3 billion, EBITDA $249.9 million); the current EV/EBITDA is 21.3.

What is CSW Industrials's return on equity?

CSW Industrials's return on equity (ROE) was 10.6% in fiscal 2026: net income of $112.0 million on average shareholders' equity of $1.1 billion.

What is CSW Industrials's ROIC?

CSW Industrials's return on invested capital was 10.0% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does CSW Industrials have?

CSW Industrials had total debt of $932.0 million at the end of fiscal 2026, a debt-to-equity ratio of 0.89 and $898.2 million of net debt (3.59 times EBITDA).

What is CSW Industrials's dividend yield?

CSW Industrials's forward dividend yield is 0.42%. CSW Industrials paid $18.0 million in dividends in fiscal 2026 ($1.08 per share), a payout ratio of 16.1%.

Does CSW Industrials buy back its shares?

Yes. CSW Industrials spent $132.7 million on net share repurchases in fiscal 2026 Shares outstanding changed +2.4% over the year, to 16.7M..

What is CSW Industrials's free cash flow yield?

CSW Industrials generated $132.4 million of free cash flow in fiscal 2026, a free cash flow yield of 3.0% on its market value at year-end ($4.4 billion).

What is CSW Industrials's current ratio?

CSW Industrials's current ratio was 2.60 at the end of fiscal 2026: current assets were 2.60 times current liabilities.

Specialty Industrial Machinery key metrics