ESCO Technologies (ESE)
Market Price (12/30/2025): $199.78 | Market Cap: $5.2 BilSector: Industrials | Industry: Industrial Machinery & Supplies & Components
ESCO Technologies (ESE)
Market Price (12/30/2025): $199.78Market Cap: $5.2 BilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.9% | Key risksESE key risks include [1] a substantial exposure to shifting government and defense spending and [2] a critical reliance on sole-source third-party suppliers. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 19% | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16% | |
| Low stock price volatilityVol 12M is 35% | |
| Megatrend and thematic driversMegatrends include Smart Grids & Grid Modernization, and Water Infrastructure. Themes include Smart Metering, Grid Automation, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.9% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 19% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16% |
| Low stock price volatilityVol 12M is 35% |
| Megatrend and thematic driversMegatrends include Smart Grids & Grid Modernization, and Water Infrastructure. Themes include Smart Metering, Grid Automation, Show more. |
| Key risksESE key risks include [1] a substantial exposure to shifting government and defense spending and [2] a critical reliance on sole-source third-party suppliers. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
Here are key points highlighting why ESCO Technologies (ESE) stock moved by approximately -0.5% during the period from August 31, 2025, to December 30, 2025:
1. Initial Negative Market Reaction to Strong Q4 2025 Earnings: Despite ESCO Technologies reporting robust Q4 2025 financial results on November 20, 2025, surpassing analyst expectations for both adjusted earnings per share (EPS) and revenue, the stock initially declined by 3.16% during regular trading hours. While it rebounded 1.8% in after-hours trading, this immediate negative reaction likely contributed to the overall slight downturn for the period.
2. Slight Contraction in Trailing Twelve-Month Profit Margin: The company's trailing twelve-month net profit margin experienced a minor dip to 10.6% as of December 2025, compared to 11.2% in the prior year. This subtle decrease in profitability, even amidst strong overall growth, may have introduced a degree of investor caution.
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1. Initial Negative Market Reaction to Strong Q4 2025 Earnings: Despite ESCO Technologies reporting robust Q4 2025 financial results on November 20, 2025, surpassing analyst expectations for both adjusted earnings per share (EPS) and revenue, the stock initially declined by 3.16% during regular trading hours. While it rebounded 1.8% in after-hours trading, this immediate negative reaction likely contributed to the overall slight downturn for the period.
2. Slight Contraction in Trailing Twelve-Month Profit Margin: The company's trailing twelve-month net profit margin experienced a minor dip to 10.6% as of December 2025, compared to 11.2% in the prior year. This subtle decrease in profitability, even amidst strong overall growth, may have introduced a degree of investor caution.
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Stock Movement Drivers
Fundamental Drivers
The -3.5% change in ESE stock from 9/29/2025 to 12/29/2025 was primarily driven by a -63.0% change in the company's P/E Multiple.| 9292025 | 12292025 | Change | |
|---|---|---|---|
| Stock Price ($) | 206.97 | 199.76 | -3.48% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1082.39 | 1161.56 | 7.31% |
| Net Income Margin (%) | 10.61% | 25.76% | 142.81% |
| P/E Multiple | 46.55 | 17.24 | -62.96% |
| Shares Outstanding (Mil) | 25.82 | 25.83 | -0.00% |
| Cumulative Contribution | -3.48% |
Market Drivers
9/29/2025 to 12/29/2025| Return | Correlation | |
|---|---|---|
| ESE | -3.5% | |
| Market (SPY) | 3.6% | 43.7% |
| Sector (XLI) | 2.5% | 42.5% |
Fundamental Drivers
The 4.2% change in ESE stock from 6/30/2025 to 12/29/2025 was primarily driven by a 122.6% change in the company's Net Income Margin (%).| 6302025 | 12292025 | Change | |
|---|---|---|---|
| Stock Price ($) | 191.72 | 199.76 | 4.19% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1019.62 | 1161.56 | 13.92% |
| Net Income Margin (%) | 11.57% | 25.76% | 122.59% |
| P/E Multiple | 41.94 | 17.24 | -58.89% |
| Shares Outstanding (Mil) | 25.82 | 25.83 | -0.04% |
| Cumulative Contribution | 4.19% |
Market Drivers
6/30/2025 to 12/29/2025| Return | Correlation | |
|---|---|---|
| ESE | 4.2% | |
| Market (SPY) | 11.6% | 43.2% |
| Sector (XLI) | 6.8% | 44.9% |
Fundamental Drivers
The 48.7% change in ESE stock from 12/29/2024 to 12/29/2025 was primarily driven by a 146.4% change in the company's Net Income Margin (%).| 12292024 | 12292025 | Change | |
|---|---|---|---|
| Stock Price ($) | 134.29 | 199.76 | 48.75% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 974.52 | 1161.56 | 19.19% |
| Net Income Margin (%) | 10.45% | 25.76% | 146.40% |
| P/E Multiple | 33.95 | 17.24 | -49.21% |
| Shares Outstanding (Mil) | 25.75 | 25.83 | -0.28% |
| Cumulative Contribution | 48.75% |
Market Drivers
12/29/2024 to 12/29/2025| Return | Correlation | |
|---|---|---|
| ESE | 48.7% | |
| Market (SPY) | 16.6% | 51.3% |
| Sector (XLI) | 18.9% | 55.6% |
Fundamental Drivers
The 130.0% change in ESE stock from 12/30/2022 to 12/29/2025 was primarily driven by a 168.3% change in the company's Net Income Margin (%).| 12302022 | 12292025 | Change | |
|---|---|---|---|
| Stock Price ($) | 86.84 | 199.76 | 130.04% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 857.50 | 1161.56 | 35.46% |
| Net Income Margin (%) | 9.60% | 25.76% | 168.34% |
| P/E Multiple | 27.27 | 17.24 | -36.78% |
| Shares Outstanding (Mil) | 25.86 | 25.83 | 0.11% |
| Cumulative Contribution | 130.04% |
Market Drivers
12/30/2023 to 12/29/2025| Return | Correlation | |
|---|---|---|
| ESE | 71.5% | |
| Market (SPY) | 47.9% | 51.1% |
| Sector (XLI) | 41.1% | 59.4% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ESE Return | 12% | -13% | -2% | 34% | 14% | 51% | 121% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 151% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 17% | 114% |
Monthly Win Rates [3] | |||||||
| ESE Win Rate | 75% | 42% | 58% | 50% | 50% | 58% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| ESE Max Drawdown | -28% | -26% | -32% | -1% | -17% | -3% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See ESE Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/29/2025 (YTD)
How Low Can It Go
| Event | ESE | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -46.2% | -25.4% |
| % Gain to Breakeven | 85.9% | 34.1% |
| Time to Breakeven | 585 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -36.2% | -33.9% |
| % Gain to Breakeven | 56.7% | 51.3% |
| Time to Breakeven | 267 days | 148 days |
| 2018 Correction | ||
| % Loss | -18.6% | -19.8% |
| % Gain to Breakeven | 22.9% | 24.7% |
| Time to Breakeven | 102 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -50.2% | -56.8% |
| % Gain to Breakeven | 100.8% | 131.3% |
| Time to Breakeven | 2,917 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
ESCO Technologies's stock fell -46.2% during the 2022 Inflation Shock from a high on 3/19/2021. A -46.2% loss requires a 85.9% gain to breakeven.
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ESCO Technologies Inc. produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through Aerospace & Defense, Utility Solutions Group, and RF Shielding and Test segments. The Aerospace & Defense segment designs and manufactures filtration products, including hydraulic filter elements and fluid control devices used in commercial aerospace applications; filter mechanisms used in micro-propulsion devices for satellites; and custom designed filters for manned aircraft and submarines. It also designs, develops, and manufactures elastomeric-based signature reduction solutions for U.S. naval vessels; and mission-critical bushings, pins, sleeves, and precision-tolerance machined components for landing gear, rotor heads, engine mounts, flight controls, and actuation systems for the aerospace and defense industries. The Utility Solutions Group segment provides diagnostic testing solutions that enable electric power grid operators to assess the integrity of high-voltage power delivery equipment; and decision support tools for the renewable energy industry, primarily wind and solar. The RF Shielding and Test segment designs and manufactures RF test and secure communication facilities, acoustic test enclosures, RF and magnetically shielded rooms, RF measurement systems, and broadcast and recording studios; and RF absorptive materials and filters, active compensation systems, antennas, antenna masts, turntables, electric and magnetic probes, RF test cells, proprietary measurement software, and other test accessories to perform various tests. It also provides services, such as calibration for antennas and field probes, chamber certification, field surveys, customer training, and various product tests. The company distributes its products through a network of distributors, sales representatives, direct sales teams, and in-house sales personnel. The company was incorporated in 1990 and is based in St. Louis, Missouri.
AI Analysis | Feedback
Here are 1-2 brief analogies to describe ESCO Technologies (ESE):
- A specialized Honeywell or Eaton, providing critical testing equipment and infrastructure components for aerospace, industrial, and utility markets.
- The Fortive of highly-engineered solutions, offering specialized test & measurement systems and critical components for industrial and utility infrastructure.
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- Grid Monitoring & Control Solutions: Provides hardware, software, and services for monitoring, diagnosing, and managing the health and performance of electric utility grids.
- RF Shielded Enclosures & Chambers: Designs, manufactures, and installs specialized radio frequency (RF) shielded enclosures and anechoic chambers for electromagnetic compatibility (EMC) testing and secure environments.
- RF Test & Measurement Products: Offers a range of antennas, probes, and software for electromagnetic interference (EMI) and electromagnetic compatibility (EMC) testing.
- Highly Engineered Aerospace Components: Supplies custom-engineered electronic components, such as filtered connectors, specialty filters, and power supplies, primarily for commercial aerospace and defense applications.
AI Analysis | Feedback
ESCO Technologies (symbol: ESE) primarily sells its highly engineered products and solutions to other companies (B2B) across various industries. While the company's public filings (such as its 10-K reports) state that no single customer accounted for more than 10% of consolidated net sales in recent fiscal years, its business segments serve distinct categories of major corporate customers.
Based on ESCO Technologies' business descriptions and industry focus, its major customers are broadly categorized as:
1. Aerospace & Defense Prime Contractors
These customers utilize ESCO's filtration and fluid flow products for critical aerospace and defense systems, as well as RF shielding and test solutions for developing and testing advanced military and aviation technologies. Examples of public companies that are representative of this customer base include:
- Lockheed Martin (NYSE: LMT)
- RTX Corporation (formerly Raytheon Technologies) (NYSE: RTX)
- The Boeing Company (NYSE: BA)
- Northrop Grumman Corporation (NYSE: NOC)
2. Electric Utility Companies
Customers in this category are served by ESCO's Utility Solutions Group, purchasing diagnostic products, services, and engineered solutions for power generation, transmission, and distribution infrastructure. This includes investor-owned, municipal, and cooperative utilities. Examples of public companies that are representative of this customer base include:
- Duke Energy Corporation (NYSE: DUK)
- NextEra Energy, Inc. (NYSE: NEE)
- The Southern Company (NYSE: SO)
- American Electric Power Company, Inc. (NASDAQ: AEP)
3. Automotive Manufacturers & Telecommunications Companies
These customers primarily leverage ESCO's RF Shielding and Test solutions for the development and quality assurance of advanced automotive electronics (e.g., autonomous vehicle systems) and telecommunications equipment (e.g., 5G devices, antennas). Examples of public companies that are representative of this customer base include:
- General Motors Company (NYSE: GM)
- Ford Motor Company (NYSE: F)
- T-Mobile US, Inc. (NASDAQ: TMUS)
- Verizon Communications Inc. (NYSE: VZ)
It is important to note that the specific companies listed above are examples of major players within the customer categories ESCO Technologies serves and are not explicitly disclosed by ESCO as individual major customers exceeding 10% of its consolidated revenue.
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Bryan Sayler Chief Executive Officer & President Bryan Sayler joined ESCO Technologies in 1995 through an acquisition. He served in senior positions at ETS-Lindgren, ESCO's RF Shield and Test business, before leading the Utility Solutions Group starting in 2016. In this role, he was instrumental in strategically building out the utility group, including overseeing six successful acquisitions that more than doubled the size of the segment and leading ESCO's entry into the renewables business. Mr. Sayler assumed the role of CEO and President on January 1, 2023. Chris Tucker Senior Vice President & Chief Financial Officer Chris Tucker serves as Senior Vice President & Chief Financial Officer at ESCO Technologies Inc. His prior experience includes roles as Director Investor Relations and in Accounting/Financial Analysis at Emerson Electric Co. He also held the position of VP, CFO at Emerson Commercial and Residential Solutions. Vic Richey Executive Chairman Vic Richey served as Chairman, Chief Executive Officer and President of ESCO Technologies for 20 years, retiring from his CEO and President roles on December 31, 2022. He continues to serve as Executive Chairman of the ESCO Board of Directors. Mr. Richey joined ESCO in 1985 and held various positions, primarily in marketing and general management, before becoming CEO in 2002. He was instrumental in transforming ESCO's portfolio into a global provider of highly engineered products and solutions. Prior to joining ESCO, he served six years as a military intelligence officer in the U.S. Army. David Schatz Senior Vice President, Secretary & General Counsel David Schatz holds the positions of Senior Vice President, Secretary & General Counsel at ESCO Technologies. Matt Carrara Doble Engineering Company President & Utility Solutions Group President Matt Carrara is the President of Doble Engineering Company and also serves as the Utility Solutions Group President for ESCO Technologies.AI Analysis | Feedback
The key risks to ESCO Technologies (ESE) are primarily concentrated in macroeconomic and political factors, supply chain vulnerabilities, and the persistent threat of cyberattacks.
- Macro & Political Risks / Government Spending: ESCO Technologies is significantly exposed to international political, economic, currency, and trade challenges, including ongoing U.S.-China tensions and conflict in Europe. A substantial portion of its sales, specifically $346.5 million in 2025, comes from government contracts, making the company susceptible to changes in defense budgets or shifting political priorities. This category is identified as one of ESCO's top two risk categories, contributing 22% to its total identified risks, which is significantly higher than the sector average of 9%. The company's operations are also subject to risks from labor disputes, civil disorder, wars, elections, political changes, tariffs, trade disputes, and natural disasters.
- Supply Chain Stability and Reliance on Third-Party Suppliers: The company faces operational risks related to the stability of its supply chain, particularly given its complex array of engineered products for defense and utility customers. A significant portion of ESCO's manufacturing operations depends on a small number of third-party suppliers, with some arrangements involving sole-source providers for certain components and materials. For example, one supplier produces approximately 35% of Doble's (an ESCO subsidiary) products from a single U.S. location. Disruptions in the supply chain can lead to delayed deliveries, potential penalty clauses, or postponed revenue recognition.
- Cyber Threats and IT System Disruptions: ESCO Technologies has highlighted the risks posed by cyber threats to its systems under its Tech & Innovation risk category. Disruptions to its IT systems, IT security, or any breaches of data privacy could adversely impact its business operations. Global information technology security threats are increasing in frequency and sophistication, posing an ongoing risk to the security of ESCO's networks and the confidentiality, availability, and integrity of its data and communications. While the company employs measures to mitigate these risks, there is no guarantee that its information security insurance would cover all potential costs or losses incurred during such events.
AI Analysis | Feedback
The following clear emerging threats have been identified for ESCO Technologies (ESE):
-
Decentralization of the Electric Grid and Rise of Virtual Power Plants (VPPs): ESCO's Utility Solutions Group primarily serves the electric power industry with test, measurement, and control solutions for traditional grid infrastructure. However, the rapid growth of distributed energy resources (DERs) like solar and battery storage, coupled with advanced software platforms and aggregators, is leading to a more decentralized grid architecture. Companies like Stem, Sunrun (with its VPP initiatives), and Fluence are deploying Virtual Power Plants (VPPs) that aggregate DERs to act as single power plants, effectively changing how electricity is generated, managed, and consumed. This fundamental shift could diminish the relevance and demand for ESE's traditional, centralized grid management solutions, much like streaming services threatened traditional physical media distribution.
-
Shift to Software-Defined, AI-Driven Industrial Solutions and Predictive Maintenance: ESE's Commercial & Industrial Group provides filtration products and fluid flow solutions, while its Utility Group also offers data-generating test equipment. The broader industrial sector is rapidly adopting Industry 4.0 principles, leveraging IoT sensors, data analytics, and artificial intelligence for predictive maintenance and optimized operational performance. Pure-play software companies (e.g., Augury) and major industrial solution providers are increasingly offering integrated, AI-driven solutions that focus on system uptime and efficiency rather than just the sale of physical components. If the value proposition shifts primarily to intelligent, software-driven solutions and "as-a-service" models, ESE's hardware products could face commoditization or reduced demand as customers prioritize comprehensive, data-driven optimization over discrete physical components.
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ESCO Technologies (NYSE: ESE) operates across three main segments: Aerospace & Defense, Utility Solutions Group, and RF Test & Measurement. The addressable markets for its key products and services within these segments are as follows:
Aerospace & Defense
- The global aerospace and defense market is projected to reach $1.98 trillion by 2027, growing at a CAGR of 3.9%. Within this, aerospace technologies are estimated at $678 billion, and defense electronics at $412 billion.
Utility Solutions Group
- ESCO Technologies' Utility Solutions Group provides diagnostic testing solutions for electric power grid operators and decision support tools for the renewable energy industry.
- The global utility infrastructure market is expected to reach $637.9 billion by 2026, with a CAGR of 6.3%. Smart grid investments are projected to exceed $110 billion by 2025.
RF Test & Measurement
- The global EMC (Electromagnetic Compatibility) Shielding and Test Equipment market was valued at US$ 9.5 billion in 2023 and is estimated to reach US$ 17.0 billion by the end of 2034, growing at a CAGR of 5.3% from 2024 to 2034.
- The global Medical Radiation Shielding market is projected to reach USD 1.8 billion by 2028, up from USD 1.4 billion in 2023, at a CAGR of 6.5%. ESCO Technologies is identified as a player in this market.
- The global Radiation Shielding market (which includes medical radiation shielding) is projected to reach USD 980 million by 2028 from USD 714 million in 2023, at a CAGR of 6.5%. ESCO Technologies Inc. is a major player in this market.
AI Analysis | Feedback
ESCO Technologies (NYSE: ESE) is expected to drive future revenue growth over the next 2-3 years through several key areas:
- Strong Demand in Aerospace & Defense Markets: The company anticipates continued robust growth from its Aerospace & Defense segment, particularly fueled by strong demand in Navy, commercial aerospace, and defense aerospace programs. This is evidenced by significant order growth in these areas and their contribution to increased sales.
- Expansion within the Utility Solutions Group: Growth in the Utility Solutions Group is expected to be a significant driver, propelled by increased shipments of condition monitoring products and higher service revenue. The company is also benefiting from broader trends in infrastructure and utility sector modernization and a strong performance in the renewables business.
- Strategic Acquisitions: Recent and pending acquisitions are poised to contribute to revenue growth. The acquisition of MPE Limited has already added to revenue, and the pending acquisition of Ultra's Signature Management & Power (SM&P) business, expected to close in fiscal 2025, is anticipated to further expand the company's market presence and revenue base.
- Improved Performance in the Test Business: After some softness, the Test business has shown signs of a rebound with improving order flow and double-digit revenue growth in recent quarters. This segment is expected to continue its positive momentum.
- Price Increases: ESCO Technologies has also indicated that price increases, alongside higher volumes, have favorably impacted margins and are expected to continue contributing to revenue growth.
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Share Repurchases
- ESCO Technologies made share repurchases of $809.76K in Q2 2024 and $7.19M in Q1 2024.
- In fiscal year 2023, share repurchases amounted to $183.69K in Q2 and $7.14M in Q1.
- The company also repurchased $5.08M in Q4 2022, $2.00M in Q2 2022, $8.00M in Q1 2022, and $10.00M in Q4 2021.
Share Issuance
- Information directly detailing the dollar amount of shares issued by ESCO Technologies (ESE) was not explicitly available within the search results.
Outbound Investments
- ESCO Technologies agreed to acquire the Signature Management & Power (SM&P) business of Ultra Maritime for $550 million in July 2024. This acquisition is expected to be funded through cash on hand and incremental debt and will become part of ESCO's Aerospace & Defense segment.
- In 2021, ESCO Technologies expanded its product portfolio through the acquisitions of Altanova Group and the assets of Phenix Technologies.
- The company completed the acquisition of Globe in 2020.
Capital Expenditures
- Capital expenditures were $22.4 million in fiscal year 2023 and $32.1 million in fiscal year 2022, with the decrease in 2023 mainly due to a $10 million building purchase in 2022.
- In fiscal year 2024, capital expenditures were $36.17 million, and additions to capitalized software were $12.09 million. For fiscal year 2023, these figures were $22.38 million and $12.40 million respectively.
- Expected capital expenditures for Q3 2025 were $24.21 million, and additions to capitalized software were $13.02 million. Capital expenditures in the first six months of 2025 were $15.4 million, with an additional $5.5 million for capitalized software. The primary focus of these expenditures includes capitalized software.
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| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 18.3% | 18.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.5% | 5.5% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 7.1% | 7.1% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.9% | 2.9% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 5.7% | 5.7% | -0.4% |
| 02292020 | ESE | ESCO Technologies | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | -0.1% | 16.7% | -26.8% |
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Peer Comparisons for ESCO Technologies
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 138.78 |
| Mkt Cap | 159.0 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.4% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 16.7% |
| Op Mgn 3Y Avg | 15.8% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 20.7% |
| CFO/Rev 3Y Avg | 17.9% |
| FCF/Rev LTM | 17.2% |
| FCF/Rev 3Y Avg | 14.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 159.0 |
| P/S | 4.4 |
| P/EBIT | 23.7 |
| P/E | 33.0 |
| P/CFO | 21.2 |
| Total Yield | 5.2% |
| Dividend Yield | 2.1% |
| FCF Yield 3Y Avg | 5.7% |
| D/E | 0.2 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -1.4% |
| 3M Rtn | 4.5% |
| 6M Rtn | 9.2% |
| 12M Rtn | 24.6% |
| 3Y Rtn | 96.1% |
| 1M Excs Rtn | -1.6% |
| 3M Excs Rtn | 0.9% |
| 6M Excs Rtn | -2.1% |
| 12M Excs Rtn | 9.4% |
| 3Y Excs Rtn | 13.6% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Utility Solutions Group (USG) | 369 | 342 | 278 | 203 | 192 |
| Aerospace & Defense (A&D) | 341 | 392 | 351 | 315 | 352 |
| Test | 210 | 221 | 228 | 198 | 187 |
| Corporate | 0 | ||||
| Total | 919 | 956 | 857 | 715 | 730 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Corporate | 954 | 906 | 965 | 956 | 796 |
| Utility Solutions Group (USG) | 294 | 255 | 220 | 198 | 145 |
| Aerospace & Defense (A&D) | 268 | 355 | 295 | 270 | 276 |
| Test | 189 | 168 | 175 | 154 | 153 |
| Total | 1,705 | 1,683 | 1,654 | 1,577 | 1,370 |
Price Behavior
Price Behavior
| Market Price | $199.76 | |
| Market Cap ($ Bil) | 5.2 | |
| First Trading Date | 10/01/1990 | |
| Distance from 52W High | -11.0% | |
| 50 Days | 200 Days | |
| DMA Price | $211.40 | $191.33 |
| DMA Trend | up | down |
| Distance from DMA | -5.5% | 4.4% |
| 3M | 1YR | |
| Volatility | 26.5% | 35.4% |
| Downside Capture | 113.24 | 75.63 |
| Upside Capture | 76.20 | 103.36 |
| Correlation (SPY) | 43.6% | 51.6% |
ESE Betas & Captures as of 11/30/2025
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.24 | 0.90 | 0.90 | 0.99 | 0.95 | 1.00 |
| Up Beta | 1.64 | 1.28 | 1.33 | 1.57 | 0.96 | 1.08 |
| Down Beta | 2.39 | 0.67 | 0.70 | 0.75 | 1.00 | 0.97 |
| Up Capture | 74% | 85% | 90% | 93% | 107% | 110% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 9 | 20 | 33 | 67 | 126 | 401 |
| Down Capture | 109% | 93% | 85% | 87% | 85% | 97% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 10 | 21 | 29 | 58 | 122 | 347 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of ESE With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| ESE | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 49.6% | 19.1% | 16.7% | 65.4% | 7.5% | 4.2% | -7.3% |
| Annualized Volatility | 35.2% | 18.8% | 19.4% | 19.8% | 15.3% | 17.0% | 34.9% |
| Sharpe Ratio | 1.19 | 0.79 | 0.67 | 2.43 | 0.27 | 0.08 | -0.06 |
| Correlation With Other Assets | 55.8% | 51.6% | 2.2% | 21.3% | 37.2% | 27.2% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Comparison of ESE With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| ESE | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 15.2% | 13.8% | 14.8% | 17.7% | 11.2% | 5.1% | 30.2% |
| Annualized Volatility | 29.5% | 17.2% | 17.1% | 15.6% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | 0.51 | 0.64 | 0.70 | 0.91 | 0.48 | 0.18 | 0.57 |
| Correlation With Other Assets | 63.7% | 54.5% | 5.1% | 13.9% | 45.7% | 25.4% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of ESE With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| ESE | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 19.1% | 13.7% | 15.0% | 14.6% | 6.9% | 5.4% | 69.0% |
| Annualized Volatility | 29.8% | 19.9% | 18.0% | 14.8% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.65 | 0.61 | 0.72 | 0.82 | 0.31 | 0.23 | 0.89 |
| Correlation With Other Assets | 67.9% | 61.2% | 2.1% | 21.7% | 51.5% | 18.1% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/20/2025 | 2.5% | -2.5% | -3.1% |
| 8/7/2025 | 1.8% | -0.9% | 8.2% |
| 5/7/2025 | 6.3% | 9.1% | 12.6% |
| 2/6/2025 | 19.7% | 24.2% | 18.1% |
| 11/14/2024 | 3.1% | 6.1% | 0.3% |
| 8/7/2024 | 3.5% | 5.6% | 2.4% |
| 5/9/2024 | -5.8% | -3.0% | -5.2% |
| 2/8/2024 | -5.9% | -0.1% | -3.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 17 | 13 | 12 |
| # Negative | 7 | 11 | 12 |
| Median Positive | 2.7% | 5.6% | 7.1% |
| Median Negative | -5.8% | -3.8% | -6.7% |
| Max Positive | 19.7% | 24.2% | 21.7% |
| Max Negative | -6.1% | -9.3% | -15.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 12/01/2025 | 10-K (09/30/2025) |
| 06/30/2025 | 08/11/2025 | 10-Q (06/30/2025) |
| 03/31/2025 | 05/09/2025 | 10-Q (03/31/2025) |
| 12/31/2024 | 02/10/2025 | 10-Q (12/31/2024) |
| 09/30/2024 | 11/29/2024 | 10-K (09/30/2024) |
| 06/30/2024 | 08/09/2024 | 10-Q (06/30/2024) |
| 03/31/2024 | 05/10/2024 | 10-Q (03/31/2024) |
| 12/31/2023 | 02/09/2024 | 10-Q (12/31/2023) |
| 09/30/2023 | 11/29/2023 | 10-K (09/30/2023) |
| 06/30/2023 | 08/09/2023 | 10-Q (06/30/2023) |
| 03/31/2023 | 05/10/2023 | 10-Q (03/31/2023) |
| 12/31/2022 | 02/09/2023 | 10-Q (12/31/2022) |
| 09/30/2022 | 11/29/2022 | 10-K (09/30/2022) |
| 06/30/2022 | 08/09/2022 | 10-Q (06/30/2022) |
| 03/31/2022 | 05/10/2022 | 10-Q (03/31/2022) |
| 12/31/2021 | 02/09/2022 | 10-Q (12/31/2021) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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