Dafinchi AI

Louisiana-Pacific Corporation

LPX

Industrial

1w

LP's Record Q2 Siding Volume and Revenue Growth Despite Market Challenges

Siding segment achieved record volume, revenue, and EBITDA in Q2 2025.
Revenue grew by 11% YoY, driven by 2% price increase and 8% volume increase.
Market backdrop remains challenging with softening housing starts and commodity OSB prices.
Siding EBITDA was $142 million with an EBITDA margin of 27%.
Operational efficiency improved with Siding OEE at 78%.
LP's strategy focuses on value delivery through durable, sustainable products like SmartSide and ExpertFinish.
LP's culture and safety record continue to be a key driver of results, with multiple safety awards.

Herc Holdings Inc.

HRI

Industrial

2w

Financial Performance Summary

Excluding Cinelease, equipment rental revenue grew 15.6% year-over-year and adjusted EBITDA increased 15.1%, driven by higher rental revenue and used equipment sales.
Free cash flow was $270 million net of transaction costs in the first half, with a leverage ratio of 3.8x post-acquisition debt funding of $4.4 billion at 6.8% cost.
H&E legacy branches saw rental revenue decline roughly 15%, impacted by workforce disruption and pricing pressure from a narrow product offering.
In Q2 2025, rental revenue increased 13.7% and adjusted EBITDA rose 12.8% to $406 million, including H&E's June results and Cinelease assets held for sale.
Net loss included $73 million in transaction costs related to H&E and a $49 million loss on assets held for sale; adjusted net income was $56 million.
REBITDA, excluding used equipment sales, rose 14.5%, though margin dipped 30 basis points due to the lower-margin acquired business impact.

Boise Cascade Company

BCC

Industrial

1w

Financial Performance Summary

BMD gross margin improved by 60 basis points year-over-year to 15.4%, despite stagnant demand and declining product prices.
Boise Cascade reported consolidated second quarter sales of $1.7 billion, down 3% from the prior year.
Building Materials Distribution (BMD) sales were $1.6 billion, down 2%, with segment EBITDA of $91.8 million compared to $97.1 million prior year.
Capital expenditures totaled $132 million in the first half of 2025, with $70 million in Wood Products and $62 million in BMD.
Net income was $62 million or $1.64 per share, compared to $112.3 million or $2.84 per share in the year-ago quarter.
Second quarter EBITDA margins for BMD were 5.7%, down slightly from 5.9% last year but up from 4.5% in the first quarter.
Wood Products segment sales were $447.2 million, down 9%, with EBITDA of $37.3 million versus $95.1 million last year.

MTZ

Industrial

1w

Financial Performance Summary

Cash flow from operations was $6 million in Q2 and $84 million year-to-date; free cash flow was a use of $45 million versus a source of $253 million last year.
Clean Energy and Infrastructure revenue grew 20% year-over-year with adjusted EBITDA nearly doubling and margin increasing 240 basis points.
Communications segment revenue grew 42% year-over-year with adjusted EBITDA up 55% and a 90 basis point margin improvement.
Margins improved 100 basis points year-over-year and 230 basis points sequentially in non-pipeline segments.
MasTec exceeded guidance in revenue, met EBITDA expectations, and beat EPS guidance for Q2 2025.
Non-pipeline business revenue grew 26% year-over-year with EBITDA increasing 42% from $181 million to $257 million.
Pipeline Infrastructure revenue declined 6% year-over-year with EBITDA dropping from $135 million to $62 million due to MVP project wind down last year.
Power Delivery revenue increased 20% year-over-year, slightly beating forecasts with margins as expected.
Total company backlog grew 23% year-over-year and 4% sequentially, reaching record levels with a book-to-bill ratio of 1.2x.
Total revenue was $3.54 billion, a 20% year-over-year increase and a 25% sequential increase from Q1.

AIR

Industrial

4w

Financial Performance Summary

AAR Corp delivered record full year fiscal 2025 results with $2.8 billion in sales, a 20% increase over the prior year.
Adjusted diluted EPS rose to $3.91 from $3.33, a 17.4% increase year-over-year.
Adjusted EBITDA for Q4 increased 19% to $90.9 million, with margins improving to 12.4%.
Adjusted EBITDA margin increased by 140 basis points to 11.8%, reflecting strong growth across core segments.
Integrated Solutions sales increased 10%, with adjusted EBITDA up 13% and margin improvement to 5.9%.
Net leverage reduced to 2.7x from 3.06x in Q3, driven by strong cash flow and proceeds from Landing Gear divestiture.
Parts Supply segment sales grew 17% with a 36% increase in adjusted EBITDA and margin expansion to 17.1%.
Q4 sales grew 12% to $736 million, setting a new quarterly sales record, with organic sales growth of 14% excluding Landing Gear.
Repair & Engineering sales increased 3%, with organic growth of 8% excluding Landing Gear, but adjusted EBITDA declined 6% due to integration costs.

Howmet Aerospace Inc.

HWM

Industrial

2w

Financial Performance Summary

Earnings per share increased 36% year-over-year to $0.91.
EBITDA was $589 million with margins at 28.7%, up 300 basis points year-over-year.
Engineered Structures revenue grew 5% with EBITDA margin improving 690 basis points to 21.4%.
Engine Products revenue broke $1 billion with 13% growth and EBITDA margin at a record 33%.
Fastening Systems revenue increased 9% with EBITDA margin at 29.2%, despite tariff recovery delays.
Forged Wheels revenue was down slightly with volume down 11%, but EBITDA margin held steady at 27.5%.
Forged Wheels segment margin was 27.5%, Structure segment margin was 21.4%, and Howmet incrementals were above 60% year-over-year.
Free cash flow was strong at $344 million, enabling $175 million in share repurchases and $76 million in debt repayment.
Revenue growth increased 9% year-over-year to $2.53 billion, exceeding the high end of guidance.

Trane Technologies plc

TT

Industrial

2w

Financial Performance Summary

Americas segment delivered 9% revenue growth with adjusted EBITDA margins increasing by 120 basis points to 24%, marking a record quarterly EBITDA.
Asia Pacific revenue declined by high single digits with a 220 basis point margin contraction, primarily due to lower volumes in China.
Backlog remains strong at $7.1 billion, up 6% compared to year-end 2024, with a commercial HVAC book-to-bill ratio exceeding 100% in all regions.
EMEA revenue growth was up 3% with a 200 basis point decline in adjusted EBITDA margin due to channel investments and M&A integrations.
Enterprise and Americas Commercial HVAC organic bookings reached new all-time highs with increases of 4% and over 20%, respectively.
Incremental margins improved sequentially from 25% to 32%, driven by strong services growth, productivity, and volume leverage.
Organic revenues increased by 7%, adjusted EBITDA margins expanded by 70 basis points, and adjusted EPS rose by 18%.
Q2 was marked by record bookings and revenues, a 90 basis point expansion in adjusted operating margins, and 18% growth in adjusted EPS.
Services business represents one-third of enterprise revenues, delivering low teens growth in the quarter and maintaining a low teens CAGR since 2020.

Luxfer Holdings PLC

LXFR

Industrial

2w

Financial Performance Summary

Adjusted earnings per share increased to $0.30, up 25% year-over-year and 30% sequentially.
Adjusted EBITDA rose to $14 million, a 14.8% increase year-over-year, with margins improving to 14.4% from 12.5% in Q1.
Elektron segment sales increased 19% year-over-year to $50.1 million with adjusted EBITDA of $9.1 million and margins expanding to 18.2%.
Gas Cylinders sales were $47 million, up 14% sequentially but down 6% year-over-year, with adjusted EBITDA of $4.9 million and margins improving to 10.4%.
Net debt ended at $48.2 million with leverage at 0.9x, and cash from operations was $1.2 million.
Pricing actions, foreign exchange tailwinds, and volume/mix improvements contributed positively to sales and EBITDA, partially offset by FX headwinds, inflation, and higher operating expenses.
Sales were $97.1 million, up 5.8% year-over-year, driven by strength in defense and aerospace markets.