TWIN DISC INC (TWIN)
Industrials · Marine propulsion and industrial transmission equipment · NASDAQ
Twin Disc engineers and manufactures marine propulsion systems, off-highway transmissions, and industrial products sold globally through manufacturing and distribution operations.
What TWIN DISC INC does
Twin Disc designs, manufactures, and distributes marine and propulsion products, off-highway transmissions, and industrial components for commercial and defense applications. The company operates through a manufacturing segment with facilities across the US, Europe (Netherlands, Belgium, Italy, Finland, Switzerland), and Canada, as well as a distribution segment serving Asia, North America, Europe, and Australia/New Zealand. Key product lines include marine propulsion systems (Veth brand), transmission products for airport rescue/firefighting and oil/gas applications (Katsa brand), and customized propellers for mega yachts and patrol boats, with recent growth driven by defense-related demand and acquisitions including Kobelt and Katsa.
Themes: ["Marine propulsion and transmissions","Defense and military applications","Off-highway and ARFF transmissions","Commercial marine equipment","Industrial power transmission","Global manufacturing and distribution"]
Fundamentals
- Price$23.10 as of 2026-07-09 close
- Market cap$327M as of 2026-07-10
- 1-year return+142.1% as of 2026-07-09 close
- P/E12.29 as of 2026-07-10
- Net margin+7.3% as of 2026-07-10
- Gross margin+28.2% as of 2026-07-10
- ROE+15.3% as of 2026-07-10
- Debt / equity0.27 as of 2026-07-10
- Revenue growth (YoY)+10.7% as of 2026-07-10
- Beta0.66 as of 2026-07-10
Dividend: yield +0.8%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Tariff exposure: The company faces significant headwinds from tariff structures affecting shipments of ARFF and marine products, causing delays and reduced demand in key markets including China and North America.","Geographic and end-market concentration: Weakness in commercial marine demand, particularly in Asia-Pacific region (down 24.5% in Q2 FY2026), and exposure to cyclical oil and gas markets create revenue volatility.","Currency exchange risk: The company benefits from euro strength but faces exposure to FX fluctuations; favorable euro translation contributed $7.5M to Q3 FY2026 sales, indicating meaningful currency sensitivity."]
Competitors & peers
- Voith Turbo (marine transmissions)
- Rolls-Royce (marine propulsion)
- ABB (power transmission)
- Brevini Group (industrial transmissions)
- ZF Friedrichshafen (industrial drivetrain systems)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.