Twin Disc Incorporated (TWIN) - Net Assets
Based on the latest financial reports, Twin Disc Incorporated (TWIN) has net assets worth $186.53 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($391.02 Million) and total liabilities ($204.49 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Twin Disc Incorporated tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $186.53 Million |
| % of Total Assets | 47.7% |
| Annual Growth Rate | 2.29% |
| 5-Year Change | 25.82% |
| 10-Year Change | 40.44% |
| Growth Volatility | 16.21 |
Twin Disc Incorporated - Net Assets Trend (1986–2025)
This chart illustrates how Twin Disc Incorporated's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Twin Disc Incorporated to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Twin Disc Incorporated (1986–2025)
The table below shows the annual net assets of Twin Disc Incorporated from 1986 to 2025. For live valuation and market cap data, see Twin Disc Incorporated (TWIN) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $164.39 Million | +6.02% |
| 2024-06-30 | $155.05 Million | +6.55% |
| 2023-06-30 | $145.52 Million | +10.92% |
| 2022-06-30 | $131.19 Million | +0.40% |
| 2021-06-30 | $130.66 Million | -6.64% |
| 2020-06-30 | $139.96 Million | -23.44% |
| 2019-06-30 | $182.82 Million | +27.30% |
| 2018-06-30 | $143.62 Million | +16.23% |
| 2017-06-30 | $123.57 Million | +5.57% |
| 2016-06-30 | $117.05 Million | -16.86% |
| 2015-06-30 | $140.79 Million | -7.56% |
| 2014-06-30 | $152.31 Million | +6.09% |
| 2013-06-30 | $143.56 Million | +4.79% |
| 2012-06-30 | $137.00 Million | -0.76% |
| 2011-06-30 | $138.05 Million | +54.56% |
| 2010-06-30 | $89.32 Million | -16.51% |
| 2009-06-30 | $106.99 Million | -17.91% |
| 2008-06-30 | $130.32 Million | +12.27% |
| 2007-06-30 | $116.08 Million | +29.26% |
| 2006-06-30 | $89.81 Million | +33.06% |
| 2005-06-30 | $67.49 Million | +10.21% |
| 2004-06-30 | $61.24 Million | +20.66% |
| 2003-06-30 | $50.76 Million | -13.95% |
| 2002-06-30 | $58.98 Million | +0.38% |
| 2001-06-30 | $58.76 Million | -24.89% |
| 2000-06-30 | $78.23 Million | +15.90% |
| 1999-06-30 | $67.50 Million | -17.68% |
| 1998-06-30 | $82.00 Million | +11.11% |
| 1997-06-30 | $73.80 Million | -1.86% |
| 1996-06-30 | $75.20 Million | +0.80% |
| 1995-06-30 | $74.60 Million | +14.07% |
| 1994-06-30 | $65.40 Million | +6.51% |
| 1993-06-30 | $61.40 Million | -19.63% |
| 1992-06-30 | $76.40 Million | +2.41% |
| 1991-06-30 | $74.60 Million | -6.63% |
| 1990-06-30 | $79.90 Million | -1.60% |
| 1989-06-30 | $81.20 Million | +7.69% |
| 1988-06-30 | $75.40 Million | +5.16% |
| 1987-06-30 | $71.70 Million | +5.29% |
| 1986-06-30 | $68.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Twin Disc Incorporated's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 90.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $125.41 Million | 76.47% |
| Common Stock | $42.27 Million | 25.77% |
| Other Comprehensive Income | $3.73 Million | 2.27% |
| Total Equity | $164.01 Million | 100.00% |
Twin Disc Incorporated Competitors by Market Cap
The table below lists competitors of Twin Disc Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Putnam Managed Municipal Income Closed Fund
NYSE:PMM
|
$266.85 Million |
|
Federal-Mogul Goetze (India) Limited.
NSE:FMGOETZE
|
$266.89 Million |
|
Shanghai Baolijia Chemical Co. Ltd.
SHE:301037
|
$266.92 Million |
|
ThinTech Materials Technology Co Ltd
TWO:3663
|
$266.96 Million |
|
Shanghai Chlor-Alkali Chemical Co Ltd B
SHG:900908
|
$266.70 Million |
|
Mitrabahtera Segara Sejati Tbk
JK:MBSS
|
$266.62 Million |
|
Evgo Inc
NASDAQ:EVGO
|
$266.60 Million |
|
US Gold Corp
NASDAQ:USAU
|
$266.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Twin Disc Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 154,702,000 to 164,011,000, a change of 9,309,000 (6.0%).
- Net loss of 1,894,000 reduced equity.
- Dividend payments of 2,284,000 reduced retained earnings.
- Share repurchases of 1,256,000 reduced equity.
- Other comprehensive income increased equity by 10,635,000.
- Other factors increased equity by 4,108,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.89 Million | -1.15% |
| Dividends Paid | $2.28 Million | -1.39% |
| Share Repurchases | $1.26 Million | -0.77% |
| Other Comprehensive Income | $10.63 Million | +6.48% |
| Other Changes | $4.11 Million | +2.5% |
| Total Change | $- | 6.02% |
Book Value vs Market Value Analysis
This analysis compares Twin Disc Incorporated's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.76x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.87x to 1.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $5.38 | $20.81 | x |
| 1987-06-30 | $5.61 | $20.81 | x |
| 1988-06-30 | $6.22 | $20.81 | x |
| 1989-06-30 | $6.84 | $20.81 | x |
| 1990-06-30 | $6.88 | $20.81 | x |
| 1991-06-30 | $6.61 | $20.81 | x |
| 1992-06-30 | $7.07 | $20.81 | x |
| 1993-06-30 | $5.52 | $20.81 | x |
| 1994-06-30 | $5.80 | $20.81 | x |
| 1995-06-30 | $6.59 | $20.81 | x |
| 1996-06-30 | $6.72 | $20.81 | x |
| 1997-06-30 | $6.59 | $20.81 | x |
| 1998-06-30 | $7.10 | $20.81 | x |
| 1999-06-30 | $5.93 | $20.81 | x |
| 2000-06-30 | $6.93 | $20.81 | x |
| 2001-06-30 | $5.20 | $20.81 | x |
| 2002-06-30 | $5.21 | $20.81 | x |
| 2003-06-30 | $4.41 | $20.81 | x |
| 2004-06-30 | $5.34 | $20.81 | x |
| 2005-06-30 | $5.75 | $20.81 | x |
| 2006-06-30 | $7.51 | $20.81 | x |
| 2007-06-30 | $9.72 | $20.81 | x |
| 2008-06-30 | $11.36 | $20.81 | x |
| 2009-06-30 | $9.56 | $20.81 | x |
| 2010-06-30 | $7.93 | $20.81 | x |
| 2011-06-30 | $11.96 | $20.81 | x |
| 2012-06-30 | $11.77 | $20.81 | x |
| 2013-06-30 | $12.53 | $20.81 | x |
| 2014-06-30 | $13.46 | $20.81 | x |
| 2015-06-30 | $12.43 | $20.81 | x |
| 2016-06-30 | $10.45 | $20.81 | x |
| 2017-06-30 | $10.99 | $20.81 | x |
| 2018-06-30 | $12.60 | $20.81 | x |
| 2019-06-30 | $14.37 | $20.81 | x |
| 2020-06-30 | $10.60 | $20.81 | x |
| 2021-06-30 | $9.83 | $20.81 | x |
| 2022-06-30 | $9.77 | $20.81 | x |
| 2023-06-30 | $10.51 | $20.81 | x |
| 2024-06-30 | $11.15 | $20.81 | x |
| 2025-06-30 | $11.84 | $20.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Twin Disc Incorporated utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.56%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 2.17x
- Recent ROE (-1.15%) is below the historical average (3.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | -5.43% | -3.05% | 1.18x | 1.50x | $-10.51 Million |
| 1987 | 3.21% | 1.77% | 1.31x | 1.38x | $-4.87 Million |
| 1988 | 11.01% | 5.11% | 1.41x | 1.52x | $760.00K |
| 1989 | 13.05% | 5.66% | 1.54x | 1.50x | $2.48 Million |
| 1990 | 3.38% | 1.66% | 1.32x | 1.55x | $-5.29 Million |
| 1991 | -3.22% | -1.57% | 1.20x | 1.71x | $-9.86 Million |
| 1992 | 1.31% | 0.73% | 1.14x | 1.56x | $-6.64 Million |
| 1993 | -19.06% | -8.39% | 1.01x | 2.25x | $-17.84 Million |
| 1994 | 6.73% | 3.12% | 0.98x | 2.20x | $-2.14 Million |
| 1995 | 7.64% | 3.47% | 1.04x | 2.12x | $-1.76 Million |
| 1996 | 8.78% | 3.74% | 1.09x | 2.16x | $-920.00K |
| 1997 | 10.43% | 4.05% | 1.20x | 2.15x | $320.00K |
| 1998 | 11.46% | 4.64% | 1.26x | 1.96x | $1.20 Million |
| 1999 | -1.48% | -0.59% | 0.95x | 2.62x | $-7.75 Million |
| 2000 | 4.82% | 2.12% | 1.02x | 2.23x | $-4.05 Million |
| 2001 | 10.56% | 3.41% | 1.15x | 2.68x | $326.80K |
| 2002 | 3.52% | 1.15% | 1.14x | 2.69x | $-3.79 Million |
| 2003 | -4.71% | -1.32% | 1.05x | 3.39x | $-7.40 Million |
| 2004 | 8.63% | 2.82% | 1.05x | 2.91x | $-830.10K |
| 2005 | 10.33% | 3.16% | 1.18x | 2.77x | $220.10K |
| 2006 | 16.20% | 5.94% | 1.03x | 2.65x | $5.53 Million |
| 2007 | 18.93% | 6.89% | 1.19x | 2.31x | $10.31 Million |
| 2008 | 18.71% | 7.31% | 1.09x | 2.35x | $11.29 Million |
| 2009 | 10.75% | 3.89% | 1.04x | 2.67x | $803.20K |
| 2010 | 0.67% | 0.26% | 0.89x | 2.88x | $-8.25 Million |
| 2011 | 13.74% | 6.07% | 1.00x | 2.25x | $5.12 Million |
| 2012 | 19.20% | 7.34% | 1.17x | 2.23x | $12.51 Million |
| 2013 | 2.72% | 1.36% | 1.01x | 1.98x | $-10.37 Million |
| 2014 | 2.40% | 1.38% | 0.99x | 1.76x | $-11.51 Million |
| 2015 | 7.97% | 4.20% | 1.06x | 1.78x | $-2.84 Million |
| 2016 | -11.19% | -7.88% | 0.78x | 1.83x | $-24.81 Million |
| 2017 | -5.09% | -3.74% | 0.80x | 1.71x | $-18.65 Million |
| 2018 | 6.63% | 3.96% | 1.03x | 1.63x | $-4.83 Million |
| 2019 | 5.86% | 3.53% | 0.87x | 1.90x | $-7.55 Million |
| 2020 | -28.57% | -16.13% | 0.84x | 2.11x | $-53.76 Million |
| 2021 | -22.82% | -13.60% | 0.79x | 2.12x | $-42.74 Million |
| 2022 | 8.00% | 4.31% | 0.88x | 2.11x | $-2.61 Million |
| 2023 | 7.15% | 3.75% | 0.96x | 1.99x | $-4.13 Million |
| 2024 | 7.10% | 3.72% | 0.95x | 2.02x | $-4.48 Million |
| 2025 | -1.15% | -0.56% | 0.96x | 2.17x | $-18.30 Million |
Industry Comparison
This section compares Twin Disc Incorporated's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $818,144,197
- Average return on equity (ROE) among peers: 4.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Twin Disc Incorporated (TWIN) | $186.53 Million | -5.43% | 1.10x | $266.82 Million |
| Ametek Inc (AME) | $4.24 Billion | 18.34% | 1.04x | $53.06 Billion |
| American Superconductor Corporation (AMSC) | $208.45 Million | -12.21% | 0.25x | $1.88 Billion |
| Smith AO Corporation (AOS) | $757.80 Million | 11.64% | 1.45x | $6.56 Billion |
| ATS Corporation (ATS) | $1.13 Billion | 11.27% | 2.13x | $2.75 Billion |
| Babcock & Wilcox Enterprises Inc (BW) | $-131.60 Million | 0.00% | 0.00x | $2.36 Billion |
| Broadwind Energy Inc (BWEN) | $40.66 Million | -3.66% | 1.94x | $50.81 Million |
| Clean Energy Technologies, Inc. Common Stock (CETY) | $284.97K | -40.84% | 5.01x | $9.49 Million |
| Cummins Inc (CMI) | $821.10 Million | 21.57% | 1.91x | $93.77 Billion |
| Crane Company (CR) | $568.10 Million | 20.17% | 1.07x | $10.47 Billion |
| CSW Industrials, Inc. (CSW) | $544.14 Million | 17.72% | 0.92x | $4.86 Billion |
About Twin Disc Incorporated
Twin Disc, Incorporated engages in the design, manufacture, and sale of marine and heavy duty off-highway power transmission equipment in the United States, the Netherlands, China, Australia, Finland, Italy, and internationally. The company operates in two segments, Manufacturing and Distribution. It offers marine transmissions, azimuth drives, surface drives, propellers, and boat management syst… Read more