Twin Disc Incorporated (TWIN)
🔔 Watch stock
symbol.quality_heading
The business works in principle, but one material question is open. As long as it stays open, our findings do not carry a quality verdict.
Whoever buys today is betting that the one-time tax release is justified in hindsight by real, recurring U.S. profits — and pays an optically low but really double-digit-higher P/E for it. Whoever waits may miss the next momentum wave but can check every quarterly report (10-Q) for whether the operating (pretax) result actually strengthens, whether the U.S. business turns profitable, and whether inventory is drawn down and frees up cash flow — that would be the evidence. The decision is yours.
symbol.quality_note
Twin Disc has built marine and heavy-duty industrial transmissions since 1918 and shows up in our in-house "Joshua" growth scanner (data as of July 17, 2026), while the stock is up roughly 164 percent in a year. We read the annual report (10-K) for fiscal year 2025 and the three quarterly reports (10-Q) of fiscal year 2026: record revenue of $340.7 million, yet a net loss at the bottom line — and then nine-month net income of $25.2 million, of which $19.0 million is a one-time tax benefit. Not investment advice — just the question of what a profit is worth when the factory did not earn it, the accounting did.
Read the analysis
Stock Watch
This analysis is as of July 17, 2026. Stock Watch will tell you what's changed at TWIN since then.
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Appears in These Scanners
This stock currently matches 15 of our scanner strategies — each hit links to the scanner.
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners
Trading Day
Key levels of the most recently completed trading day — not a live quote.
52-Week Range
Current price 22.80 $ — 91% of the range above the low.
Lowest and highest closing price over the last 52 weeks. The marker shows where the current price sits within that range: close to the high speaks for strength, close to the low for weakness.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 08/03/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
Quality & Screener
AI Rating
NeutralGeprüft am 17.07.2026 gegen die Geschäftsberichte (10-K) für die Geschäftsjahre 2025 (eingereicht 05.09.2025) und 2024 (06.09.2024) sowie die vier jüngsten Quartalsberichte (10-Q, zum 27.03.2026, 26.12.2025, 26.09.2025 und 28.03.2025). In sämtlichen ausgewerteten SEC-Filings von Twin Disc findet sich „keine einzige“ Erwähnung von „artificial intelligence“, „machine learning“, „generative“ oder verwandten Begriffen — weder eine KI-Umsatzquelle noch dokumentierter operativer KI-Einsatz noch ein konkretes KI-Geschäftsrisiko für das eigene Modell. Twin Disc baut mechanische Antriebstechnik (Schiffs- und Off-Highway-Getriebe, Propeller, Kupplungen, Steuerungen); die Investment-Story dreht sich um Zukäufe (Katsa, Kobelt), die Auflösung einer US-Steuer-Wertberichtigung und Zyklik, nicht um KI. Nach dem Kriterienkatalog bleibt es damit klar bei „neutral“ (dokumentierter Negativ-Befund: geprüfte Filings gelistet, keine belastbaren KI-Treffer).
View the full file — quotes, sources, reviewed filings
Filings Reviewed: 10-Q 2026-05-06 · 10-Q 2026-02-04 · 10-Q 2025-11-05 · 10-Q 2025-05-07 · 10-K 2025-09-05 · 10-K 2024-09-06
Rated on July 17, 2026 · How the Rating Is Built
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Analysts & Price Target
The price target sits 31.6% above the current price.
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 06/30/2027 | 0.70 | 0.70 – 0.70 | 397 | – | 1 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Next Reporting Date
- Expected Earnings per Share
- 0.48 $
Expected date of the next quarterly or annual figures. Dates do shift occasionally — only the invitation issued by the company is binding.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.
The figures could not be loaded right now.
Source: fundamental data
Quarterly Figures
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 0.06 | -1.20 | 90 | 23.20 | 1.00 | 9 | 6 |
| 2025: Q1 | -0.10 | -138.50 | 81 | 9.50 | -1.80 | 3 | 1 |
| 2025: Q2 | 0.10 | -80.80 | 97 | 14.50 | 1.50 | 16 | 9 |
| 2025: Q3 | -0.04 | – | 80 | 9.70 | -0.60 | -8 | -11 |
| 2025: Q4 | 1.55 | 2,334.30 | 90 | 0.30 | 24.80 | 5 | 1 |
| 2026: Q1 | 0.23 | – | 97 | 19.00 | 3.40 | 5 | 2 |
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Annual Figures
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2016 | 166 | -25 | -13 | -1.17 | 3 | 117 | 214 |
| 2017 | 168 | -9 | -6 | -0.56 | 3 | 124 | 211 |
| 2018 | 241 | 15 | 10 | 0.84 | 7 | 144 | 235 |
| 2019 | 303 | 19 | 11 | 0.84 | -5 | 182 | 346 |
| 2020 | 247 | -40 | -40 | -3.03 | 9 | 139 | 294 |
| 2021 | 219 | -12 | -30 | -2.24 | 7 | 130 | 275 |
| 2022 | 243 | 11 | 10 | 0.78 | -8 | 131 | 277 |
| 2023 | 277 | 16 | 10 | 0.75 | 23 | 145 | 289 |
| 2024 | 295 | 11 | 11 | 0.79 | 34 | 155 | 312 |
| 2025 | 341 | 10 | -2 | -0.14 | 24 | 164 | 356 |
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Assessment: Opportunities & Risks
Five fiscal years of revenue growth without a setback to a record $340.7 million (FY 2025, +15.5 percent), gross profit up 11.3 percent to $92.7 million, a six-month backlog of $150.5 million (+13 percent as of 06/30/2025); the FY 2026 quarters keep rising ($80.0 → $90.2 → $96.7 million).
Of $25.2 million of nine-month profit (FY 2026), $19.0 million is a one-time, non-cash tax benefit (release of the U.S. valuation allowance on 12/26/2025); pretax income was only $6.7 million. In record year 2025, despite peak revenue, the bottom line was a net loss at a 190.4 percent tax rate (10-Q as of 03/27/2026, Note I; 10-K FY 2025).
The domestic business lost $7.3 million pretax over nine months (FY 2026) while abroad earned $14.0 million; the revenue record is bought — without Katsa and Kobelt, revenue shrank in 2025 (manufacturing −2.5 percent, distribution −8.6 percent). The entire profit comes from abroad (10-Q as of 03/27/2026; 10-K FY 2025, Item 7).
$164.0 million of equity and modest debt (~$31.4 million) stand against heavy inventory ($152.0 million) and thin cash ($16.1 million); operating cash flow fell to $24.0 million, and the new credit line ($30M + $60M, 06/30/2026) is secured by nearly all assets and 65 percent of foreign subsidiaries.
A Stan Weinstein stage-2 uptrend, plus 164 percent over twelve months and hits in 16 trend filters meet a trailing P/E around 13 that includes the tax benefit — adjusted it sits north of 50; P/S of 0.9 is fair-to-sporty at a barely 3 percent operating margin (data as of July 17, 2026).
Twin Disc is a 108-year-old, solid gear maker with record revenue, a full order book and a foreign business that genuinely earns — but earnings quality lags revenue quality. The nine-month profit of $25.2 million (FY 2026) is three-quarters a one-time tax benefit, pretax income was only $6.7 million, the U.S. business loses money, and the revenue record is bought. The low P/E of 13 is therefore optical — adjusted it sits north of 50. Whoever invests here is buying the bet that the record revenue turns into a record profit. Not investment advice.
- TWIN reached our research list via the "Joshua" growth scanner and a confluence of 16 trend filters in our in-house stock scanner (data as of July 17, 2026); the striking earnings surprise of plus 1,450 percent is an effect of the one-time tax benefit, not of the operating business.
- Scanner metrics (P/E, P/S, ROE, earnings surprise) are computed from trailing twelve-month figures; the release of the U.S. valuation allowance (Q2 FY 2026) is baked in and distorts the P/E downward — an adjusted P/E sits north of 50.
- Price and valuation figures are dated to July 17, 2026 (market value roughly $330 to $345 million); analyses are evergreen, daily prices are not a buy argument. Twin Disc's fiscal year ends June 30 — all quarterly references carry that fiscal-year offset.
About the Company
Twin Disc, Incorporated befasst sich mit dem Entwurf, der Herstellung und dem Verkauf von Kraftübertragungsanlagen für Marine- und schwere Off-Highway-Anwendungen in den USA, den Niederlanden, China, Australien, Finnland, Italien und international. Das Unternehmen ist in zwei Segmenten tätig: Manufacturing und Distribution.
| Employees | 980 |
|---|---|
| Headquarters | Milwaukee, WI |
| Address | 222 East Erie Street, 53202 Milwaukee, United States |
| Phone | 262 638 4000 |
| Website | twindisc.com |
| IPO Date | 31. Dec 1987 |
| ISIN | US9014761012 |
| Stock Split | 2:1 on 01/02/2008 |
Management
| Name | Title | Birth Year |
|---|---|---|
| John H. Batten | President, CEO & Director | 1965 |
| Jeffrey S. Knutson CPA | VP of Finance, CFO, Treasurer & Secretary | 1965 |
| Tim Batten | Executive Vice President of Sales & Operations | – |
| Robin Schilz | Chief Information Officer | – |
| Brian W. Plemel | Chief Human Resources Officer | – |
| Mike Kienast | Corporate Controller | – |
| Greg Mueller | Director of Strategic Marketing | – |
| Mark Sandercock | Vice President of Supply Chain | – |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Chart
Interactive price chart (TradingView).
Data as of: July 31, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.