Enerpac Tool Group Corp. has recently released its 10-K report, providing a detailed look into its business operations and financial performance. The company, formerly known as Actuant Corporation, is headquartered in Milwaukee, Wisconsin, and operates primarily in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, France, and the Netherlands. Enerpac Tool Group Corp. specializes in the design, manufacture, and distribution of branded hydraulic and mechanical tools, as well as providing services and tool rentals to various markets such as infrastructure, industrial maintenance, oil and gas, and mining.
The company's 10-K report includes a comprehensive discussion of its financial condition and results of operations. Enerpac Tool Group Corp. operates through its Industrial Tools & Service (IT&S) segment, which is engaged in the design, manufacture, and distribution of branded hydraulic and mechanical tools, as well as providing services and tool rentals to various markets. The company's IT&S segment is the primary driver of its net sales and operating profit.
In the fiscal year 2025, Enerpac Tool Group Corp. reported total net sales of $617 million, representing a 5% increase from the previous year. The company's gross profit remained consistent at approximately 51% of sales. Operating profit for fiscal 2025 was $133 million, an $11 million increase from the prior fiscal year. The company attributed this growth to the flow-through impact of increased sales and lower selling, general & administrative expenses as a percentage of revenue compared to the previous year.
Furthermore, the company's IT&S segment reported net sales of $596 million for fiscal 2025, representing a 4% increase from the previous year. The segment's operating profit also increased to $164 million, reflecting a 7% growth from the prior fiscal year. Enerpac Tool Group Corp. highlighted strong performance in the Americas and APAC regions as the primary drivers of organic sales growth within the IT&S segment.
The 10-K report also detailed the company's financial data from the past three fiscal years, providing insights into its income tax expense, effective income tax rate, and the impact of recent legislative changes on its tax provisions.
As a result of these announcements, the company's shares have moved -0.62% on the market, and are now trading at a price of $41.98. For the full picture, make sure to review ENERPAC TOOL GROUP CORP's 10-K report.
