CSW Industrials, Inc. (CSW) Stock

CSW Industrials, Inc. (CSW) is a Materials stock trading at $329.73 (as of 2026-08-21), with a market capitalization of $5.37B and a trailing P/E of 37.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

CSW Industrials, Inc. supplies industrial products through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. These businesses offer building and mechanical-related products such as condensate and drain management components, HVAC installation and protection items, and related tools and accessories, marketed under multiple brand names.

Understand CSW Industrials, Inc.: how it makes money

CSW Industrials sells industrial products used in building systems, including HVAC and drain management components, maintenance chemicals, and related installation support tools and accessories, and it earns money by supplying these products to contractors, builders, and other customers through its three operating segments.

CSW's profit engine is its Contractor Solutions business, which sells HVAC and drain management products plus related installation and maintenance offerings, so results are primarily driven by the demand and mix tied to building mechanical work.

Revenue by segment (latest quarter)
Contractor Solns	$0.1B
Engineered Building Solns	$0.0B
Specialized Reliability Solns	$0.0B

Business quality (Weak): CSW is a multi-segment industrial products company with a high reported gross margin (39.7%) but a relatively modest operating margin (7.4%) for the period shown, which means cost control and segment mix matter for translating sales into operating profit.

Valuation: At 41× earnings, CSW trades in line with the Chemicals average (38×). Note: one-time items can distort reported P/E.

Bull case

Segment structure supports focus on building-system categories (Contractor Solutions, Engineered Building Solutions, Specialized Reliability Solutions): Contractor Solutions segment size appears to dominate the operating metric set, with Contractor Solutions Segment EBITDA (non-GAAP) of 0.05 USD_B versus smaller segment EBITDA figures for the other two segments.
Reported gross profitability provides a buffer at the top line: For 2025-12-31, gross_margin_pct is 39.7%, indicating substantial gross profit conversion before operating costs.

Bear case

Operating leverage is limited, so margin can be pressured even when gross profit is strong: Operating_margin_pct is 7.4% for 2025-12-31, which can leave less room for cost increases or weaker demand.
Demand softness shows up as an explicitly tracked organic decline metric: An operational KPI labeled "Organic revenue decrease" is included in the provided set (value shown as 0.01 USD_B), which suggests investors may need to watch for ongoing volume or pricing pressure.

Valuation — source: SEC EDGAR (first-party)
Price	$329.73
Market Cap	$5.37B
P/E Ratio	37.9
EV / EBITDA	26.1
Price / Book	5.00
Price / Sales	4.78
FCF Yield	7.1%
DCF Value (model)	$12.39
DCF Upside vs Price	-96.2%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$1.08B
Net Margin	10.4%
Revenue Growth (YoY)	23.3%
EPS Growth (YoY)	-20.0%
FCF Growth (YoY)	-13.0%

Financial Health — source: SEC EDGAR
Altman Z-Score	3.93 (safe)
Piotroski F-Score	4/9 (moderate)

Valuation vs Sector & Industry
Stock P/E	37.9
Sector P/E (Materials)	25.9
Industry P/E (Chemicals)	31.1
vs Sector	46.4%
vs Industry	21.8%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($622.90M)
Institutional Holders Tracked	10
Congressional Trades (recent)	6

Company
Sector	Materials
Industry	Chemicals
CEO	Joseph Brooks Armes
Employees	2,600
Country	US
IPO Date	2015-09-30

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Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.