ESCO Technologies Inc. (ESE) Key Metrics
ESE valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $6.45B
- Enterprise value
- $6.95B
- P/E (TTM)
- 46.2 10-yr median 25.9
- Forward P/E
- 25.4
- PEG ratio
- 1.67
- Price / sales
- 5.0 10-yr median 2.8
- Price / book
- 4.2 10-yr median 2.3
- EV / EBITDA
- 22.2 10-yr median 16.6
- Dividend yield
- 0.13% $0.32 a year
- Beta
- 1.05
ESE key metrics, FY2016–FY2025
Fiscal year ended September 30, 2025 · U.S. dollarsESE valuation Price multiples at each fiscal year-end price.
ESE returns How much profit the business earns on the capital it uses.
ESE per-share figures Results divided by the shares outstanding at year-end.
ESE financial health Debt, liquidity and how easily interest is covered.
ESE efficiency & capital use Working capital cycle and where the cash goes.
ESE valuation history
ESE returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ESE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ESE cash returned to shareholders
ESE price vs earnings per share
ESE key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $5.47B | $3.34B | $2.70B | $1.91B | $2.02B | $2.11B | $2.08B | $1.77B | $1.56B | $1.21B |
| Enterprise value | $5.60B | $3.43B | $2.80B | $1.99B | $2.15B | $2.13B | $2.33B | $1.96B | $1.79B | $1.26B |
| P/E ratio | 18.3 | 32.8 | 29.2 | 23.3 | 31.8 | 21.2 | 25.6 | 19.2 | 29.0 | 26.3 |
| Price / sales | 5.0 | 3.6 | 3.2 | 2.2 | 2.8 | 2.9 | 2.9 | 2.6 | 2.3 | 2.1 |
| Price / book | 3.5 | 2.7 | 2.4 | 1.8 | 2.0 | 2.2 | 2.5 | 2.3 | 2.3 | 2.0 |
| Price / free cash flow | 28.8 | 38.2 | 64.2 | 21.2 | 23.0 | 51.2 | 28.6 | 25.9 | 54.5 | 23.5 |
| Price / operating cash flow | 22.6 | 26.2 | 35.2 | 14.2 | 16.4 | 25.6 | 19.7 | 19.0 | 23.1 | 16.3 |
| EV / sales | 5.1 | 3.7 | 3.3 | 2.3 | 3.0 | 2.9 | 3.2 | 2.9 | 2.6 | 2.2 |
| EV / EBITDA | 22.8 | 17.3 | 16.8 | 12.5 | 17.2 | 25.2 | 16.4 | 15.9 | 15.3 | 13.5 |
| EV / free cash flow | 29.5 | 39.2 | 66.5 | 22.1 | 24.5 | 51.8 | 32.1 | 28.7 | 62.5 | 24.6 |
| Earnings yield | 5.5% | 3.1% | 3.4% | 4.3% | 3.1% | 4.7% | 3.9% | 5.2% | 3.4% | 3.8% |
| Free cash flow yield | 3.5% | 2.6% | 1.6% | 4.7% | 4.3% | 2.0% | 3.5% | 3.9% | 1.8% | 4.3% |
| Dividend yield | 0.2% | 0.2% | 0.3% | 0.4% | 0.4% | 0.4% | 0.4% | 0.5% | 0.5% | 0.7% |
| Shareholder yield (dividends + buybacks) | 0.2% | 0.5% | 0.8% | 1.5% | 0.4% | 0.4% | 0.4% | 0.5% | 0.5% | 1.0% |
| Share price at fiscal year-end | $211.11 | $128.98 | $104.44 | $73.44 | $77.00 | $80.56 | $79.56 | $68.05 | $59.95 | $46.42 |
| Per share | ||||||||||
| Revenue per share | $42.28 | $35.53 | $33.07 | $32.90 | $27.28 | $27.95 | $27.82 | $26.24 | $26.38 | $22.01 |
| Earnings per share | $11.55 | $3.94 | $3.58 | $3.16 | $2.42 | $3.80 | $3.11 | $3.54 | $2.07 | $1.77 |
| Operating cash flow per share | $9.34 | $4.93 | $2.97 | $5.19 | $4.70 | $3.15 | $4.03 | $3.58 | $2.59 | $2.84 |
| Free cash flow per share | $7.32 | $3.38 | $1.63 | $3.46 | $3.34 | $1.57 | $2.78 | $2.63 | $1.10 | $1.98 |
| Cash per share | $3.91 | $2.55 | $1.62 | $3.75 | $2.14 | $2.01 | $2.37 | $1.17 | $1.75 | $2.07 |
| Book value per share | $59.47 | $47.83 | $43.71 | $40.21 | $38.88 | $36.70 | $31.66 | $29.14 | $25.85 | $23.69 |
| Tangible book value per share | $2.12 | $11.75 | $9.11 | $6.18 | $4.03 | $7.82 | $0.92 | $1.24 | −$2.20 | $2.30 |
| Dividends per share | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 |
| Capex per share | $2.01 | $1.55 | $1.34 | $1.73 | $1.35 | $1.57 | $1.25 | $0.95 | $1.49 | $0.87 |
| Debt per share | $8.89 | $6.06 | $5.35 | $6.82 | $6.94 | $3.03 | $12.06 | $8.44 | $10.58 | $4.24 |
| Shares outstanding | 25.9M | 25.9M | 25.9M | 26.1M | 26.2M | 26.1M | 26.1M | 26.1M | 26.0M | 26.0M |
| Change in shares outstanding | +0.1% | −0.0% | −0.7% | −0.6% | +0.3% | +0.1% | +0.1% | +0.2% | +0.1% | −1.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 21.5% | 8.6% | 8.5% | 8.0% | 6.4% | 11.1% | 10.2% | 12.9% | 8.3% | 7.7% |
| Return on invested capital (ROIC) | 8.8% | 9.0% | 8.0% | 7.6% | 6.1% | 5.5% | 8.3% | 10.1% | 7.2% | 8.2% |
| Return on assets (ROA) | 14.1% | 5.8% | 5.5% | 5.1% | 4.3% | 7.0% | 5.9% | 7.3% | 4.8% | 5.0% |
| Return on tangible assets | 32.4% | 11.3% | 11.7% | 10.7% | 9.6% | 16.2% | 12.2% | 17.1% | 10.1% | 10.8% |
| Free cash flow margin | 17.3% | 9.5% | 4.9% | 10.5% | 12.3% | 5.6% | 10.0% | 10.0% | 4.2% | 9.0% |
| Income quality (OCF / net income) | 0.81 | 1.25 | 0.83 | 1.64 | 1.94 | 0.83 | 1.30 | 1.01 | 1.25 | 1.61 |
| Financial health | ||||||||||
| Total debt | $230.4M | $156.8M | $138.6M | $177.9M | $182.0M | $79.2M | $314.7M | $220.0M | $275.0M | $110.0M |
| Cash & short-term investments | $101.3M | $66.0M | $41.9M | $97.7M | $56.2M | $52.6M | $61.8M | $30.5M | $45.5M | $53.8M |
| Net debt | $129.1M | $90.8M | $96.7M | $80.1M | $125.8M | $26.6M | $252.9M | $189.5M | $229.5M | $56.2M |
| Debt / equity | 0.15 | 0.13 | 0.12 | 0.17 | 0.18 | 0.08 | 0.38 | 0.29 | 0.41 | 0.18 |
| Debt / assets | 0.10 | 0.09 | 0.08 | 0.11 | 0.12 | 0.06 | 0.21 | 0.17 | 0.22 | 0.11 |
| Net debt / EBITDA | 0.53 | 0.46 | 0.58 | 0.50 | 1.01 | 0.31 | 1.78 | 1.53 | 1.96 | 0.60 |
| Current ratio | 1.35 | 1.91 | 1.85 | 1.80 | 1.70 | 1.74 | 1.97 | 1.97 | 2.01 | 2.05 |
| Quick ratio | 0.93 | 1.35 | 1.26 | 1.29 | 1.16 | 1.21 | 1.46 | 1.30 | 1.38 | 1.38 |
| Interest coverage | 9.9 | 9.7 | 13.8 | 22.9 | 36.4 | 13.5 | 13.2 | 10.6 | 18.4 | 59.3 |
| Working capital | $180.4M | $318.8M | $266.4M | $254.5M | $191.2M | $187.8M | $243.6M | $195.5M | $197.8M | $165.4M |
| Invested capital | $1.67B | $1.33B | $1.23B | $1.13B | $1.15B | $985.6M | $1.08B | $948.9M | $901.4M | $671.3M |
| Tangible asset value | $55.0M | $303.9M | $235.8M | $161.0M | $105.6M | $204.3M | $24.0M | $32.4M | −$57.1M | $59.7M |
| Net current asset value | −$181.0M | $67.4M | $29.0M | −$33.7M | −$91.5M | $32.1M | −$145.3M | −$109.7M | −$195.7M | −$39.8M |
| Graham number | $124.31 | $65.10 | $59.30 | $53.45 | $46.02 | $56.04 | $47.03 | $48.15 | $34.66 | $30.69 |
| Graham net-net per share | −$15.48 | −$8.54 | −$6.39 | −$8.06 | −$9.45 | −$4.29 | −$11.38 | −$9.40 | −$12.50 | −$5.54 |
| Capital allocation | ||||||||||
| Dividends paid | $8.3M | $8.2M | $8.3M | $8.3M | $8.3M | $8.3M | $8.3M | $8.3M | $8.3M | $8.2M |
| Share buybacks (net) | $0 | $8.0M | $12.4M | $19.9M | $0 | $0 | — | $0 | $0 | $4.3M |
| Dividend payout ratio | 2.8% | 8.1% | 8.9% | 10.0% | 13.1% | 8.4% | 10.2% | 9.0% | 15.4% | 18.0% |
| Dividends + buybacks / free cash flow | 4.4% | 18.6% | 49.0% | 31.2% | 9.5% | 20.2% | 11.4% | 12.1% | 28.9% | 24.4% |
| Capex / revenue | 4.8% | 4.4% | 4.1% | 5.2% | 5.0% | 5.6% | 4.5% | 3.6% | 5.6% | 3.9% |
| Capex / operating cash flow | 21.6% | 31.5% | 45.2% | 33.3% | 28.8% | 50.0% | 31.0% | 26.6% | 57.5% | 30.5% |
| Capex / depreciation | 0.70 | 0.77 | 0.69 | 0.93 | 0.84 | 0.99 | 0.91 | 0.74 | 1.20 | 0.96 |
| Stock-based compensation / revenue | 1.0% | 0.9% | 1.0% | 0.9% | 1.0% | 0.8% | 0.7% | 0.7% | 0.8% | 0.8% |
| R&D / revenue | 2.1% | 1.3% | 1.5% | 1.4% | 2.2% | 1.8% | 1.7% | 1.9% | 2.3% | 2.3% |
| SG&A / revenue | 21.4% | 24.4% | 25.4% | 22.8% | 23.4% | 21.8% | 23.7% | 22.4% | 21.6% | 23.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 105.5 | 124.3 | 133.7 | 112.8 | 122.1 | 131.9 | 127.3 | 113.4 | 95.3 | 89.8 |
| Days of inventory on hand | 118.9 | 130.6 | 125.8 | 107.5 | 115.8 | 105.2 | 110.1 | 113.0 | 96.1 | 106.8 |
| Days payables outstanding | 53.4 | 60.5 | 60.2 | 47.0 | 44.0 | 48.5 | 56.0 | 51.2 | 40.5 | 41.6 |
| Cash conversion cycle (days) | 171.0 | 194.3 | 199.3 | 173.3 | 193.9 | 188.6 | 181.4 | 175.1 | 150.9 | 155.0 |
| Receivables turnover | 3.46 | 2.94 | 2.73 | 3.24 | 2.99 | 2.77 | 2.87 | 3.22 | 3.83 | 4.06 |
| Payables turnover | 6.84 | 6.03 | 6.07 | 7.76 | 8.30 | 7.52 | 6.52 | 7.12 | 9.02 | 8.78 |
| Inventory turnover | 3.07 | 2.80 | 2.90 | 3.39 | 3.15 | 3.47 | 3.32 | 3.23 | 3.80 | 3.42 |
| Asset turnover | 0.52 | 0.52 | 0.51 | 0.53 | 0.49 | 0.51 | 0.53 | 0.54 | 0.61 | 0.62 |
| Average receivables | $316.5M | $313.0M | $313.5M | $265.0M | $239.2M | $264.1M | $253.3M | $212.3M | $179.0M | $140.6M |
| Average payables | $92.7M | $88.0M | $82.9M | $67.7M | $53.6M | $60.9M | $67.2M | $58.9M | $48.4M | $40.0M |
| Average inventory | $206.6M | $189.8M | $173.2M | $154.8M | $141.2M | $132.1M | $132.1M | $130.0M | $115.0M | $102.7M |
| Intangibles / total assets | 61.6% | 50.8% | 53.2% | 53.6% | 58.0% | 55.1% | 54.7% | 57.5% | 57.8% | 56.8% |
Computed from ESE's annual financial statements (latest annual report filed December 1, 2025) 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.
ESE valuation and financial ratios
At the end of fiscal 2025 (September 30, 2025), ESCO Technologies traded at 18.3 times earnings, against a 10-year median of 25.9. Based on the latest twelve months, the trailing P/E is 46.2 and the forward P/E is 25.4. ESCO Technologies earned a return on equity of 21.5% and a return on invested capital of 8.8% in fiscal 2025. It ended the year with $230.4 million of debt and $101.3 million in cash and short-term investments, net debt of $129.1 million. It returned $8.3 million to shareholders: $8.3 million in dividends and $0 in share buybacks, 4% of free cash flow.
See the ESE income statement, the ESE chart for price history, or the ESE stock overview for the latest quote and news.
ESE key metrics FAQ
What is ESCO Technologies's P/E ratio?
ESCO Technologies's trailing P/E ratio is 46.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 25.4. At the end of fiscal 2025 it was 18.3, compared with a 10-year median of 25.9.
What is ESCO Technologies's EV/EBITDA?
ESCO Technologies's enterprise value was 22.8 times EBITDA at the end of fiscal 2025 (enterprise value $5.6 billion, EBITDA $245.4 million); the current EV/EBITDA is 22.2.
What is ESCO Technologies's return on equity?
ESCO Technologies's return on equity (ROE) was 21.5% in fiscal 2025: net income of $299.2 million on average shareholders' equity of $1.4 billion.
What is ESCO Technologies's ROIC?
ESCO Technologies's return on invested capital was 8.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does ESCO Technologies have?
ESCO Technologies had total debt of $230.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.15 and $129.1 million of net debt (0.53 times EBITDA).
What is ESCO Technologies's dividend yield?
ESCO Technologies's forward dividend yield is 0.13%. ESCO Technologies paid $8.3 million in dividends in fiscal 2025 ($0.32 per share), a payout ratio of 2.8%.
What is ESCO Technologies's free cash flow yield?
ESCO Technologies generated $189.8 million of free cash flow in fiscal 2025, a free cash flow yield of 3.5% on its market value at year-end ($5.5 billion).
What is ESCO Technologies's current ratio?
ESCO Technologies's current ratio was 1.35 at the end of fiscal 2025: current assets were 1.35 times current liabilities.