Dafinchi AI

Masco Corporation

MAS

Industrial

2w

Financial Performance Summary

Balance sheet remains strong with gross debt-to-EBITDA at 2x and liquidity of $1.3 billion.
Decorative Architectural operating profit was $157 million with a margin of 21.3%, favorably impacted by the Kichler divestiture.
Decorative Architectural segment sales decreased 12% (4% excluding Kichler divestiture), with paint sales down mid-single digits.
DIY Paint sales decreased high single digits due to soft demand; PRO Paint sales increased mid-single digits.
Earnings per share increased 8% to $1.30.
Gross margins increased 10 basis points to 37.7%.
International plumbing sales increased 1% in local currency.
Masco's second quarter net sales decreased 2%, but were flat in local currency excluding the Kichler divestiture.
Operating profit grew $14 million to $413 million, with operating margin increasing 100 basis points to 20.1%.
Plumbing operating profit was $276 million with a margin of 21%.
Plumbing segment sales increased 4% in local currency, with North American plumbing up 5% driven by pricing and volume.
Returned $167 million to shareholders in dividends and share repurchases in Q2.
SG&A expenses decreased $27 million, improving SG&A as a percent of sales by 90 basis points to 17.6%.

AAON

Industrial

3d

Financial Performance Summary

AAON Coil Products sales grew 86.4%, driven by a large liquid cooling project, but AAON branded products declined due to ERP disruptions.
AAON Oklahoma segment sales declined 18% with a 970 basis point gross margin contraction, impacted by supply chain disruptions and ERP-related coil shortages.
BasX segment sales grew 20.4% with a slight gross margin contraction of 60 basis points, reflecting operational improvements.
Cash and equivalents totaled $1.3 million with debt at $317.3 million and a leverage ratio of 1.4; capital expenditures increased 18.7% to $89.6 million year-to-date.
Gross margin contracted by 950 basis points to 26.6%, primarily due to lower production volumes and inefficiencies related to the ERP implementation.
Net sales declined 0.6% year-over-year to $311.6 million, driven by a 20.9% decline in AAON branded sales nearly offset by a 90% increase in BasX branded sales.
Non-GAAP adjusted EBITDA was 14.9%, down 1,120 basis points, and non-GAAP adjusted EPS was $0.22, down 64.5% year-over-year.

CBRE Group, Inc.

CBRE

Industrial

2w

Financial Performance Summary

Advisory Services revenue rose 14% with SOP growth of 31%, driven by 250 basis points of margin expansion.
BOE segment saw 18% top line growth and 21% SOP growth, supported by new client wins and expansions.
CBRE's second quarter 2025 results exceeded expectations with core EBITDA and core EPS growing 30% and 47%, respectively.
Free cash flow for trailing 12 months was $1.3 billion, in line with expectations, with full year expected over $1.5 billion.
Global leasing revenue rose 13%, with U.S. office leasing up 15% and industrial leasing up 15%.
Global property sales rose 19%, accelerating from the first quarter, with U.S. sales up 25%.
Investment Management AUM ended the quarter at $155 billion, up $6 billion from Q1, mainly due to favorable currency movements.
Mortgage origination fees increased by more than 40%, driven by volume from GSEs, debt funds, and CMBS lenders.
Project Management achieved 13% revenue growth and 18% SOP growth, reflecting benefits from Turner & Townsend integration.
Resilient revenues rose 17%, surpassing the 15% growth rate for transactional businesses.

Powell Industries, Inc.

POWL

Industrial

1w

Record quarterly net income driven by project closeouts and margin leverage

Powell reported net income of $48.2 million, or $3.96 per diluted share, a 4% increase year-over-year and a record for the quarter.
Gross profit increased by $6 million to $88 million, with gross margin rising 230 basis points to 30.7%.
Margin improvement was driven by favorable project closeouts, strong project execution, and volume leverage.
Unusual items and project cancellations contributed approximately 85 basis points to the margin rate.

Alta Equipment Group Inc.

ALTG

Industrial

4d

Financial Performance Summary

Adjusted EBITDA for Q2 was $48.5 million, with Construction segment EBITDA flat year-over-year but with improved earnings quality.
Alta Equipment Group reported Q2 2025 revenue of $481.2 million, down 1.4% year-over-year but up $58.2 million sequentially from Q1.
Free cash flow before rent-to-sell decisioning was approximately $32 million for the quarter and $55 million year-to-date.
Material Handling segment saw an $8.3 million decline in new and used equipment sales year-over-year but was up sequentially.
New and used equipment sales in Construction and Master Distribution segments increased by $24.7 million year-over-year, a 15.4% rise.
Product support revenue declined 2.6% year-over-year but showed slight sequential improvement, with strategic optimization efforts ongoing.
Rental fleet gross book value reduced by nearly $50 million, contributing to a leaner balance sheet with $280 million cash availability.
Rental revenues decreased by $7.4 million year-over-year due to rightsizing of the rental fleet and divestiture of aerial assets.