Forgent Power Solutions, Inc. (FPS)

Forgent Power Solutions, Inc. engages in the design and manufacture of electrical distribution equipment used in data centers, the power grid, and energy-intensive industrial facilities. The company's products include dry type transformers, liquid filled transformers, switchgear, switchboards, panelboards, remote power panels, generator connection cabinets, tap boxes, automatic transfer switches, gear ehouses, power skids, power distribution units, and ups ehouses. It also provides maintenance, testing, repair, modernization, start-up and commissioning and aftermarket retrofit services. It serves technology, power, utility and industrial companies. The company was founded in 2023 and is based in Dayton, Minnesota.

Symbol
FPS
Exchange
NYSE
Sector
Industrials
Industry
Electrical Equipment & Parts
Market cap
$10.26B
52 week range
25.95 - 66

Valuation

Share price
$39.88 (close of 2026-09-23)
P/E (TTM)
117.89x
Price to book
15.29x
Price to free cash flow
-1504.05x
Enterprise value
$10.87B
Book value per share
$2.58

Price performance

PeriodChange
1 day+3.53%
5 days+14.47%
1 month+20.19%
3 months-32.75%
6 months+15.16%
All time+37.52%

Profitability and growth

Return on equity
12.19%
Return on invested capital
12.61%
Return on assets
3.67%
Return on capital employed
10.74%
Gross margin
35.04%
Net margin
5.76%
EBITDA margin
17.56%
Revenue growth
88.54%
Net income growth
438.60%
Free cash flow growth
82.54%

Cash flow and balance sheet

Free cash flow yield (TTM)
-0.07%
Current ratio
1.54x
Net debt to EBITDA
2.45x

Latest reported year

Period end
2026-06-30
Fiscal year
2026
Revenue
$1.42B
Cost of revenue
$922.46M
Gross profit
$497.60M
EBITDA
$249.39M
Net income
$81.84M
Earnings per share
$0.34
Shares outstanding
243.53M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-06-30$1.42B$497.60M$81.84M$0.34
2025-06-30$753.19M$278.07M$15.20M$0.07

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-06-3035.04%5.76%12.19%12.61%
2025-06-3036.92%2.02%2.65%6.12%

Cash and debt by year

Period endCashDebt
2026-06-30$97.48M$576.17M
2025-06-30$111.32M$496.93M

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-06-30$-6.82M$10.04M
2025-06-30$-39.09M$1.78M

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-03-16Dec/2025$0.12

Filings and sources

Company website
forgentpower.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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All Industrials companies

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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