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10-K2026-02-19· deepseek-chat

NPO · EnPro Industries, Inc.

0001628280-26-009798

SEC filing

Summary

EnPro Industries, Inc. reported net sales of $1.14 billion for fiscal year 2025, generating gross profit of $487.5 million and net income of $40.5 million. Operating income was $161.6 million, with operating cash flow from continuing operations of $201.2 million. The company maintained a strong balance sheet with total assets of $2.66 billion, total liabilities of $1.12 billion, and shareholders' equity of $1.54 billion. Key activities included significant acquisition spending of $273.9 million, partially offset by proceeds from debt of $930.0 million and debt repayments of $911.6 million. The company paid $26.2 million in dividends and reported basic and diluted earnings per share of $2.00. No segment breakdown or prior year comparison data was provided in the available information.

Key takeaways

Full analysis

Performance Summary

EnPro Industries, Inc. reported financial results for fiscal year 2025 ending December 31, 2025. The company achieved net sales of $1.14 billion, with cost of sales totaling $655.8 million, resulting in gross profit of $487.5 million. Operating expenses amounted to $325.9 million, comprising selling, general and administrative expenses of $323.4 million and other expenses of -$2.5 million. This yielded operating income of $161.6 million. After accounting for interest expense of $34.0 million, interest income of $5.8 million, loss on pension settlement of -$67.2 million, and other expense of -$8.6 million, income from continuing operations before income taxes was $57.6 million. Income tax expense of $17.1 million resulted in net income of $40.5 million. Both basic and diluted earnings per share were $2.00.

Revenue Analysis

The available financial data does not provide segment breakdown, geographic mix, or specific growth drivers for revenue. The document presents consolidated financial statements only, with no disclosure of business segment performance, product line contributions, or regional revenue distribution. Revenue of $1.14 billion represents the total consolidated net sales figure without further decomposition into constituent parts. No information is provided about revenue growth rates, market share changes, or specific business unit contributions to overall sales performance.

Margins & Profitability

The company achieved a gross margin of 42.8% based on gross profit of $487.5 million on net sales of $1.14 billion. Operating margin was 14.2% calculated from operating income of $161.6 million relative to net sales. The cost structure shows selling, general and administrative expenses representing 28.4% of net sales. No prior period margin data is provided for comparison, preventing analysis of margin trends or changes in profitability ratios over time. The loss on pension settlement of $67.2 million significantly impacted pre-tax income, reducing what would have been higher profitability from continuing operations.

Cash Flow & Balance Sheet

Operating activities generated $201.2 million in cash flow from continuing operations, driven by net income of $40.5 million adjusted for non-cash items including depreciation of $24.7 million, amortization of $78.1 million, and stock-based compensation of $13.5 million. Investing activities used $316.9 million primarily for acquisitions ($273.9 million) and capital expenditures ($42.0 million). Financing activities used $17.4 million net, with $930.0 million in debt proceeds offset by $911.6 million in debt repayments and $26.2 million in dividends paid. Free cash flow (operating cash flow minus capital expenditures) was $159.2 million. The balance sheet shows total assets of $2.66 billion including goodwill of $1.06 billion and other intangible assets of $823.5 million. Total liabilities were $1.12 billion with long-term debt of $655.1 million, resulting in shareholders' equity of $1.54 billion.

Outlook

The provided financial data does not include management guidance, strategic priorities, or specific risk factors. The filing presents historical financial statements without forward-looking statements, projections, or qualitative discussions about future performance expectations. No information is provided about market conditions, competitive landscape, regulatory environment, or strategic initiatives that might impact future results. The document focuses exclusively on historical financial performance for the fiscal year ended December 31, 2025, without commentary on anticipated trends, challenges, or opportunities for the coming periods.