Atmus Filtration Technologies Stock Earnings Reports

Atmus reported a strong start to FY2026 with Q1 sales of $478M (up 14.6% YoY) and adjusted EBITDA of $95M (19.8% margin). The quarter included the completed acquisition of Cook Filter, creating a new Industrial Solutions segment and expanding exposure to commercial and industrial HVAC, data center and healthcare end markets. Integration of Cook Filter is more than 50% complete with full integration expected early in Q3; certain one-time integration and transaction costs plus incremental amortization were disclosed. The company returned $12M to shareholders in Q1 ($7M buybacks, $5M dividends) and expects $20M–$40M of repurchases in 2026 with $62M remaining authorization. Guidance: consolidated revenue of $1.945B–$2.015B (approx. +10% to +14% vs. 2025), Power Solutions revenue $1.79B–$1.85B, Industrial Solutions $155M–$165M, adjusted EBITDA margin 19.5%–20.5%, and adjusted EPS $2.75–$3.00. Pricing guidance remains ~+1% for the year (holistic of base and tariff-related pricing). Management flagged risks from the Middle East conflict (possible input cost pressure—notably petroleum-based/plastics—and $4M Q1 impact on deliveries), tariff dynamics, and currency; they noted a 1% FX tailwind from a weaker USD. Liquidity is strong: $210M cash plus $500M revolver = $710M available; estimated net debt / adjusted EBITDA ~2.0x LTM. Management expects volume recovery in H2 (first-fit markets improving with prebuy activity ahead of 2027 U.S. regs) and continued focus on share gains (~1%–2%) and aftermarket expansion.