ESCO Technologies/$ESE

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About ESCO Technologies

ESCO Technologies Inc sells engineered products and systems for utility, industrial, aerospace, and commercial applications. The firm operates in three segments: Aerospace & Defense (A&D), Utility Solutions Group (USG), and RF Test & Measurement (Test). The Aerospace and Defense segment designs and manufactures specialty filtration and naval products. The USG segment provides diagnostic testing solutions. The Test segment provides its customers with the ability to identify, measure, and contain magnetic, electromagnetic, and acoustic energy.
Ticker
$ESE
Primary listing
NYSE
Employees
3,392

ESE Metrics

BasicAdvanced
$6.9B
21.92
$12.13
1.12
$0.32
0.12%

What the Analysts think about ESE

Analyst ratings (Buy, Hold, Sell) for ESCO Technologies stock.
Analyst projections of the future price of ESCO Technologies stock.

Bulls say / Bears say

ESCO’s Q3 sales rose 14%, adjusted EPS rose 38% and adjusted EBIT margin expanded by 90 basis points. Management also raised FY2026 adjusted EPS guidance to $8.30–$8.40, implying 38%–39% growth. (SEC filing)
Demand is running ahead of deliveries: Q3 orders were $410 million, giving a 1.21 book-to-bill ratio and a record $1.54 billion backlog. All three operating segments had book-to-bill above one, supporting revenue visibility beyond the current quarter. (SEC filing)
The planned Megger acquisition could materially strengthen ESCO’s utility franchise. Megger is expected to add about $590 million of 2026 revenue and complementary testing products as utilities upgrade and expand their grids. (GlobeNewswire)
The Utility Solutions segment is not growing evenly: NRG sales fell 29% and orders fell 27% after US renewable-energy tax credits expired. The resulting mix and cost pressure reduced the segment’s adjusted EBIT margin by 130 basis points. (SEC filing)
Megger is a sizeable execution and balance-sheet commitment, costing about $2.35 billion, including roughly $0.9 billion in cash and incremental debt. The deal still needs regulatory approval, while financing and acquisition-related charges are already reducing reported earnings. (GlobeNewswire, SEC filing)
Aerospace and defence order growth can be lumpy: Q3 A&D entered orders fell 66% year on year because the comparison included acquired Maritime backlog and large Navy awards. Although book-to-bill remained above one, future revenue still depends on the timing and execution of major contracts. (SEC filing)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.

ESE Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

ESE Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
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