Reported results
- Net sales $343.9 million, up $40.2 million or 13% (GAAP), including 6% from acquisitions and 7% organic growth
- Net earnings $42.6 million, up 22% (GAAP); adjusted net earnings $40.1 million, up 3% (non-GAAP)
- Adjusted EBITDA $74.0 million, up 10% (non-GAAP); adjusted EBITDA margin 21.5% (non-GAAP)
- Diluted EPS $0.87, up from $0.70 (GAAP); adjusted diluted EPS $0.82, up from $0.78 (non-GAAP)
- Operating cash flow $66.7 million, up $25.7 million; free cash flow $54.0 million, up $26.1 million (non-GAAP)
- Building Performance Solutions net sales $215.1 million, up $30.3 million or 16.4%; adjusted EBITDA $59.8 million (non-GAAP). Trade & Specialty Solutions net sales $128.8 million, up $9.9 million or 8.3%; adjusted EBITDA $24.0 million, up $7.9 million (non-GAAP)
Notes
Two business segments renamed: Building Products is now Building Performance Solutions; Consumer Products is now Trade & Specialty Solutions. Non-GAAP adjustments exclude: amortization of inventory step-up, restructuring and other expense, and non-cash gains in miscellaneous income. Free cash flow reconciliation uses net cash from operations less capital expenditures. A $4.0 million pre-tax gain related to an earnout from the sale of the former oil and gas products business (divested January 2021) is included in miscellaneous income.
Price and volatility reaction
The stock moved +1.3% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 58.94 | 2026-09-22 |
| Close after release | 59.7 | 2026-09-23 |
| Realised move | +1.3% | close to close |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-09-22 (8-K, Item 2.02). Read the original filing on sec.gov.