Adjusted operating income increased 48.8% year-on-year in Q4, with adjusted earnings per share rising 20.6% to a record $2.28.
Adjusted operating margin reached a record 20.6% in Q4, up 350 basis points year-on-year and 120 basis points sequentially.
Capital expenditures increased to $8.6 million in Q4 from $6.5 million a year ago.
Engineering Technologies revenue increased 26.8% to $32 million, led by acquisition benefits and organic growth from new products.
Engineering Technologies revenue increased 26.8% with 0.9% organic growth; Scientific revenue rose 2.3% but with a 13.9% organic decline due to NIH funding cuts.
Engraving revenue increased slightly by 0.6%, with improved operating margin due to productivity initiatives and restructuring.
Engraving revenue was flat with a slight organic decline but improved adjusted operating margin due to productivity initiatives and restructuring.
Fiscal year 2025 was a turning point for Standex with record profit generation and strong operational execution.
Fourth quarter sales increased 23.2% year-on-year to $222 million, driven by acquisitions and foreign currency benefits, partially offset by a slight organic decline of 1.4%.
Net cash provided by operating activities was $33.4 million in Q4, with free cash flow of $24.9 million, both improvements over the prior year.
Net leverage ratio was reduced to 2.6x at fiscal year-end, down from net cash of $5.3 million a year ago, with $27 million debt paydown in Q4.
Scientific segment revenue rose 2.3% due to acquisitions, offset by organic decline from NIH funding cuts.
Segment Electronics revenue grew 43.2% year-on-year to $115.2 million, driven by acquisitions and slight organic growth.
Segment performance highlights include Electronics revenue up 43.2% driven by acquisitions and slight organic growth, with adjusted operating margin of 28.5%.
Specialty Solutions revenue declined 1.2% due to market softness, with a decrease in operating margin.
Specialty Solutions revenue declined 1.2% with margin pressure due to market softness.
Free cash flow was a record $596 million, up 14% year-over-year, with net debt leverage ratio improving to 1.2x from 1.6x a year ago.
Inflation impact was approximately $37 million, including $15 million tariff impact, offset by $20 million transformation savings.
Pentair delivered a record Q2 with sales up 2% to $1.1 billion, adjusted operating income up 9% to $297 million, return on sales expanding 170 basis points to 26.4%, and adjusted EPS rising 14% to $1.39.
Pool segment sales grew 9%, Flow sales were flat, and Water Solutions sales declined 4%.
The company repurchased $75 million of shares in Q2 and $125 million year-to-date.
Dafinchi