Quick answer: latest quarter results, by ticker or company name

Reported Q: Q4 2024 Rev YoY: +9.5% EPS YoY: +7.3% Move: -3.67%

ESCO Technologies Inc

ESE

$268.99 -3.67%

Exchange NYSE Sector Technology Industry Hardware Equipment Parts

Q4 2024

Published: Nov 29, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for ESE

Reported

Report Date

Nov 29, 2024

Quarter Q4 2024

Revenue

298.53M

YoY: +9.5%

EPS

1.32

YoY: +7.3%

Market Move

-3.67%

Previous quarter: Q3 2024

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Earnings Highlights

Revenue of $298.53M up 9.5% year-over-year
EPS of $1.32 increased by 7.3% from previous year
Gross margin of 40.1%
Net income of 34.26M
""We hit a significant milestone this year with orders and sales both eclipsing $1 billion."" - Bryan Sayler, President and CEO

ESE

Company ESE

Period Q4 2024

Currency USD

Report Type Quarterly Earnings

Generated Mar 30, 2026

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Executive Summary

- 2024 was a standout year for ESCO with orders and sales surpassing $1 billion, signaling robust demand across its three segments and strong execution on backlog while delivering solid profitability. In Q4 2024, revenue reached $298.5 million and gross margin stood at 40.1%, with adjusted EBIT margins expanding by 130 basis points to 17.4% and adjusted EPS of $1.46, up 17% year over year.

Key Performance Indicators

Revenue

Increasing

298.53M

QoQ: 14.48% | YoY: 9.49%

Gross Profit

Increasing

119.73M

40.10% margin

QoQ: 15.85% | YoY: 10.63%

Operating Income

Decreasing

25.53M

QoQ: -31.32% | YoY: -41.37%

Net Income

Increasing

34.26M

QoQ: 17.22% | YoY: 7.08%

EPS

Increasing

1.33

QoQ: 16.67% | YoY: 7.26%

Revenue Trend

Margin Analysis

Financial Highlights

- Revenue: $298.533 million; YoY +9.49%; QoQ +14.48% (Q4 2024 vs Q4 2023 and prior quarter).
- Gross Profit: $119.725 million; Gross margin 40.10%; YoY +10.63%; QoQ +15.85%.
- Operating Income: $25.529 million; Operating margin 8.55%; YoY -41.37%; QoQ -31.32%.
- Net Income: $34.263 million; Net margin 11.48%; YoY +7.08%; QoQ +17.22%.
- EPS: Diluted $1.32; Adjusted EPS $1.46 (up 17% YoY); QoQ growth 16.7%.
- Backlog: End of period just over $879 million for the year; Aerospace & Defense backlog just over $600 million; Test backlog $159 million.
- Cash Flow: Net cash provided by operating activities $72.088 million; Free cash flow $57.337 million; Cash at end of period $65.963 million.
- Balance Sheet: Total assets $1.8386 billion; Total debt $179.834 million; Net debt $113.871 million; Current ratio 1.911; Quick ratio 1.313; Debt-to-capitalization 11.0%.
- Shareholder Returns: Capital expenditures $14.751 million; acquisitions (MPE) contributed; share repurchases ~$8.0 million.
- Guidance (2025): 6%–8% revenue growth; 12%–17% adjusted EPS growth; Q1 2025 adjusted EPS guidance of $0.68–$0.75. “Double-digit growth in EBIT and EBITDA” implied for 2025 with adjusted EPS range of $4.70–$4.90.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	298.53M	9.49%	14.48%
Gross Profit	119.73M	10.63%	15.85%
Operating Income	25.53M	-41.37%	-31.32%
Net Income	34.26M	7.08%	17.22%
EPS	1.33	7.26%	16.67%

Key Financial Ratios

Gross Profit Margin

Good

40.10%

Gross profit margin is healthy and competitive within industry standards

Operating Profit Margin

Fair

8.55%

Operating margin is moderate, room for improvement in cost management

Net Profit Margin

Good

11.50%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Weak

1.86%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

2.71%

Return on equity suggests inefficient capital allocation

Current Ratio

Healthy

1.91

Current ratio shows adequate liquidity to meet short-term obligations

Debt to Equity

Conservative

0.12

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

Fair Value

24.26x

P/E ratio in line with market averages

Price to Book

Fair Value

2.63x

Price-to-book ratio reasonable for profitable companies

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2025	265.52	1.20	+6.6%	View
Q1 2025	247.03	0.91	+13.2%	View
Q4 2024	298.53	1.32	+9.5%	View
Q3 2024	260.78	1.13	+4.8%	View
Q2 2024	249.13	0.90	+8.7%	View

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ESCO Technologies Inc (ESE) Q4 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

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