Twin Disc, Incorporated (TWIN) Stock

Twin Disc, Incorporated (TWIN) is a Industrials stock trading at $23.26 (as of 2026-07-24), with a market capitalization of $335.47M and a trailing P/E of 14.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Twin Disc, Incorporated designs, manufactures, and sells marine and heavy-duty off-highway power transmission equipment, operating through Manufacturing and Distribution segments. Its offerings include marine transmissions, azimuth and surface drives, and related components, as well as heavy-duty power-shift and related industrial drivetrain products, sold via direct sales and distributor networks to customers in marine, energy and natural resources, government, and industrial markets.

Understand Twin Disc, Incorporated: how it makes money

Twin Disc designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment worldwide, and sells through a direct sales force and distributor network (it also sells non-Twin Disc manufactured products).

Twin Disc has a wide gap between gross margin (28.1%) and operating margin (6.0%), so operating profit depends heavily on controlling operating costs and sustaining sales volume and mix across its revenue streams.

Business quality (Mixed): Product focus is clear (marine, land-based, and industrial, plus a defense-related pipeline), but the operating story is sensitive to end market demand, and the provided data does not show a revenue split by the company’s official Manufacturing and Distribution segments.

Valuation: At 9× earnings, TWIN trades 73% below the Machinery average (34×). Note: one-time items can distort reported P/E.

Bull case

Defense-Related Pipeline provides a separate line of visibility into demand: The company tracks a Defense-Related Pipeline of USD_B 0.05, which can support future orders.
Marine is the largest revenue driver among the provided categories: Marine and Propulsion Systems Revenue is USD_B 0.06, suggesting marine and propulsion systems are central to near-term sales.

Bear case

End market softness shows up in reported decreases: Industrial Product Sales Decrease is -2.5%, and Asia-Pacific Sales Decrease is -8.3%, which can pressure revenue and absorption of fixed costs.
Operating profitability is low relative to gross margin: Gross margin is 28.1% versus operating margin of 6.0%, so unfavorable mix, demand swings, or operating expense pressure could quickly weigh on earnings.

Valuation — source: SEC EDGAR (first-party)
Price	$23.26
Market Cap	$335.47M
P/E Ratio	14.0
EV / EBITDA	11.2
Price / Book	1.80
Price / Sales	0.96
FCF Yield	-8.5%
DCF Value (model)	$29.52
DCF Upside vs Price	26.9%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$340.74M
Net Margin	-0.6%
Revenue Growth (YoY)	19.0%
EPS Growth (YoY)	-309.1%
FCF Growth (YoY)	-10187.3%

Financial Health — source: SEC EDGAR
Altman Z-Score	3.00 (safe)
Piotroski F-Score	3/9 (weak)

Valuation vs Sector & Industry
Stock P/E	14.0
Sector P/E (Industrials)	28.3
Industry P/E (Machinery)	33.7
vs Sector	-50.4%
vs Industry	-58.4%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	GAMCO INVESTORS, INC. ET AL ($24.91M)
Institutional Holders Tracked	10

Company
Sector	Industrials
Industry	Machinery
CEO	John H. Batten
Employees	910
Country	US
IPO Date	1980-03-17

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

Data as of 2026-07-24.

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