Dafinchi AI

Schneider National, Inc.

SNDR

Industrial

1w

Strategic Focus on Margin Restoration and Through-Cycle Returns

Schneider is actively working to restore margins and maximize returns across economic cycles.
Efforts include disciplined customer freight allocation, cost containment, and improving Truckload earnings resiliency.
Truckload segment saw nearly 60% sequential earnings improvement, emphasizing operating leverage.

KAI

Industrial

2w

Financial Performance Summary

Adjusted EBITDA was $52.4 million, down 15% from $61.8 million in Q2 2024, with margin at 20.5% versus 22.5% prior year.
GAAP EPS decreased 17% to $2.22; adjusted EPS decreased 18% to $2.31, exceeding guidance by $0.31 due to higher revenue and gross margin.
Gross margin was 45.9%, up 150 basis points from 44.4% in Q2 2024, driven by a higher percentage of aftermarket parts (71% vs. 63%).
Net debt decreased by over $100 million year-over-year to $151.7 million; leverage ratio improved to 0.86 from 0.95.
Operating cash flow increased 44% to $40.5 million; free cash flow increased 58% to $36.5 million, driven partly by increased customer deposits.
Second quarter revenue was $255.3 million, including record aftermarket parts revenue of $181.8 million.
SG&A expenses increased 6% to $73.9 million, or 29% of revenue, impacted by foreign currency effects and acquisition-related costs.

HNI Corporation

HNI

Industrial

2w

Significant 41% YoY Increase in Non-GAAP EPS Driven by Volume Growth and Profitability Improvements

Non-GAAP earnings per share of $1.11 for Q2 2025, up 41% YoY, exceeding internal expectations.
Strong volume growth across segments was a primary driver of earnings upside.
Record-high EBIT margin of 11%, expanded by 200 basis points YoY, driven by volume, profit transformation, and KII synergies.

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.

Builders FirstSource, Inc.

BLDR

Industrial

1w

Financial Performance Summary

Adjusted EBITDA was $506 million, down 24%, with margin at 12%, down 300 basis points due to lower gross profit and reduced operating leverage.
Adjusted EPS was $2.38, down 32%, with share repurchases adding approximately $0.18 per share benefit.
Adjusted SG&A was $818 million, up $4 million, mainly from acquired operations, with 30% fixed and 70% variable costs.
Capital expenditures were $86 million; $61 million deployed on acquisitions; repurchased 3.3 million shares for $391 million.
Gross profit was $1.3 billion, down 11% year-over-year, with gross margin at 30.7%, down 210 basis points due to margin normalization and low starts environment.
Net debt to adjusted EBITDA ratio was about 2.3x, fixed charge coverage ratio roughly 6x; no long-term debt maturities until 2030.
Net sales decreased 5% to $4.2 billion in Q2, driven by lower organic sales and commodity deflation, partially offset by acquisitions.
Operating cash flow was $341 million, down $111 million mainly due to lower net income; free cash flow was $255 million.

Global Industrial Company

GIC

Industrial

2w

Record Gross Margin Driven by Price Timing and Inventory Valuation

Gross margin reached a record 37.1% in Q2, up 190 basis points YoY and 220 basis points sequentially.
Approximately half of the margin increase is attributed to price timing and inventory valuation benefits from FIFO accounting.
Management expects some margin headwinds in Q3 due to tariff-related cost dynamics and inventory timing.
The margin expansion is partly temporary, but demonstrates proactive margin management amid inflationary pressures.

Thermon Group Holdings, Inc.

THR

Industrial

5d

Financial Performance Summary

Adjusted EBITDA was $21.2 million, down 9% from $23.2 million last year, with margin at 19.5% versus 20.1% prior year.
Backlog grew 27% year-over-year, with a 13% organic increase, supported by strong bookings and project pipeline.
GAAP EPS increased 4% to $0.26, while adjusted EPS declined 5% to $0.36 due to lower volumes and higher SG&A.
Gross margin improved to 44.1% from 43.8% last year, driven by a favorable revenue mix and tariff mitigation efforts.
Q1 revenue was $108.9 million, down 5% year-over-year, with organic revenue down 11% excluding F.A.T.I. acquisition.
Working capital increased 9% to $172 million, free cash flow was $8.3 million, and net leverage remained low at 1.0x.

Insteel Industries, Inc.

IIIN

Industrial

3w

Financial Performance Summary

Adjusted earnings per share were $0.81 excluding nonrecurring restructuring charges.
Average selling prices rose 11.7% year-over-year and 8.2% sequentially, driven by pricing actions to offset rising raw material costs.
Capital expenditures totaled $1.6 million for the quarter, with a reduced full-year target of $11 million from $17 million.
Ended the quarter with $53.7 million cash on hand, debt-free with no borrowings on revolving credit facility.
Gross profit increased by $15.4 million to $30.8 million with gross margin expanding 650 basis points to 17.1%.
Net earnings for Q3 2025 increased to $15.2 million or $0.78 per share compared to $6.6 million or $0.34 per share in the prior year.
Operating activities generated $28.2 million in cash, driven by higher earnings and working capital improvements.
SG&A expenses rose to $10.6 million or 5.9% of net sales, mainly due to higher compensation and amortization expenses.
Shipments increased 10.5% year-over-year and 3.5% sequentially, supported by acquisitions and improving demand.

LIN

Industrial

1w

Financial Performance Summary

Acquisitions contributed 1% to sales growth, mainly in U.S. and APAC packaged gases.
Earnings per share (EPS) rose 6% to $4.09, despite a higher effective tax rate and lower share count.
Linde reported Q2 2025 sales of $8.5 billion, a 3% increase year-over-year and 5% sequentially.
Operating cash flow grew 15%, and return on capital (ROC) was 25.1%, leading the industry.
Operating profit was $2.6 billion, up 6% from the prior year, with an operating margin of 30.1%, an increase of 80 basis points.
Price increases tracked with global inflation except for helium and China, where pricing pressures exist.
Volumes declined 1% year-over-year due to weaker base volumes primarily in EMEA, offsetting project backlog contributions.