Enerpac 10-K: FY26 Sales Up 6% to $652M, EPS $1.72; SFE Close and $850M Refi Detailed
EPAC sits 22% above its 52-week low of $32.35 on elevated volume (2.8× avg).
Summary
Enerpac's fiscal 2026 10-K shows 6% sales growth to $652.3M and $1.72 diluted EPS, with operating profit down slightly on margin compression, alongside the already-announced SFE Group close and $850M credit refinancing.
Key Events · Earnings and Guidance · EPAC
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FY26 Sales Rise 6% to $652.3M
Net sales grew to $652.3M from $616.9M, with product sales up 9% to $546.1M while Service & Rental fell 9% to $106.2M.
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Operating Profit Slips on Margin
Operating profit fell to $129.2M from $133.5M as gross margin compressed 130 bps to 49.2%; net earnings were $89.7M and diluted EPS $1.72.
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SFE Close and $850M Refi Confirmed
The $452M cash SFE Group acquisition closed October 28, funded by cash on hand, a $300M term loan and $312M of revolver borrowings under the new $850M facility maturing 2031.
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Cash Flow Improves, Buyback Remains
Operating cash flow rose to $130.2M from $111.3M; the company repurchased 2,078,645 shares for $81.1M and has $119.7M left under its authorization.
Analysis · EPAC · Technology
Audited numbers now sit behind the story the market has traded for two weeks: Enerpac closed the $452M cash SFE Group acquisition on October 28 and refinanced into an $850M facility on October 16. The fresh piece is the full-year P&L — sales of $652.3M, up 6%, while operating profit slipped to $129.2M from $133.5M as gross margin fell 130 bps to 49.2% on weaker Service & Rental activity in EMEA. Cash generation improved to $130.2M from $111.3M, and $119.7M of buyback authorization remains. Also disclosed: a 621,622-share inducement plan to fund SFE equity awards, and confirmation that the Dutch sanctions matter is unresolved with no change to the recorded penalty estimate. Net: a solid but margin-pressured year, now levered into a larger, debt-funded platform.
How filings like this one have moved
In the 30 days to Oct 29, 2026, 30.9% of the 1649 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, EPAC was trading at $39.40 on NYSE in the Technology sector, with a market capitalization of approximately $2B. The 52-week trading range was $32.35 to $43.97. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.