Atmus Filtration Technologies Inc. · NYSE:ATMU
Atmus Filtration Technologies — Q3 2025 Earnings Presentation
17 slides from Atmus Filtration Technologies's earnings presentation, Nov 7, 2025
Slide 1: Third Quarter 2025 Earnings Call
Third Quarter 2025 Earnings Call November 7, 2025
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, including, without limitation, those that are based on current expectations, estimates and projecti
Slide 3: Steph Disher, CEO and Jack Kienzler, CFO
Steph Disher Chief Executive Officer Jack Kienzler Chief Financial Officer | 3
Slide 4: Third quarter 2025 financial highlights
Third quarter 2025 Financial highlights1 $448 $72 Sales ($ millions) Adj. FCF ($ millions) 20.4% $0.69 Adj. EBITDA Margin Adj. EPS 1. For the 3 months ended September 30, 2025 GAAP net income was $55 million, diluted earnings per share was $0.66 and cash provided by operating activities was $82 mill
Slide 5: Full operational independence
Full operational independence Distribution network fully Atmus controlled; transition services agreement concluded | 5
Slide 6: Why invest in Atmus?
Why invest in Atmus? Mission-critical products in Strong positioning predictable and and growing end brand recognition markets Technology leadership and deep industry knowledge to deliver better customer solutions Consistent and Clear attractive growth strategy financial results Partnerships with le
Slide 7: Our growth strategy
Our growth strategy 1 3 Grow share in Transform first-fit our core markets supply chain 2 4 Accelerate Expand into profitable growth industrial in the filtration markets aftermarket | 7
Slide 8: Third quarter company results
Third quarter company results Three months ended September 30, 2025 2024 Sales $448 $404 Gross margin $129 $111 Gross margin % 28.9% 27.6% Selling, Admin & Research (SAR) $56 $56 SAR % 12.5% 13.9% Joint venture / other income $7 $9 Adj. EBITDA1 $92 $79 Adj. EBITDA margin % 20.4% 19.6% Net Income $55
Slide 9: Strong balance sheet and capital return
Strong balance sheet and capital return 10% increase in quarterly dividend; continued share repurchase acceleration • $0.055 per share quarterly Cash • 10% increase from prior quarter Strong Balance Sheet Dividend • Consistent long-term capital return to to Drive Growth shareholders • $156M TTM1 Adj
Slide 10: 2025 outlook
2025 outlook Measure FY 2025 outlook Prior outlook Sales ($ millions) $1,720 - $1,745 $1,685 - $1,735 Adj. EBITDA 19.50% - 20.0% 19.25% - 20.0% margin%1 Additional Planning Assumptions Joint venture income $32 - $35 Adj. earnings $2.40 - $2.60 $2.50 - $2.65 Effective tax rate 22% - 24% per share1 In
Slide 11: @ Atmus Q&A
“@ Atmus QtA
Slide 12: Non-GAAP Financial Measures
Non-GAAP Financial Measures
Slide 13: Non-GAAP Financial Measures
Non-GAAP Financial Measures We use non-GAAP financial information and believe it is useful to investors as it provides additional information to facilitate comparisons of historical operating results, identify trends in our underlying operating results and provide additional insight and transparency
Slide 14: EBITDA and Adjusted EBITDA Reconciliations and Net Debt
Non-GAAP Financial Measures EBITDA and Adjusted EBITDA Reconciliations and Net Debt EBITDA and Adjusted EBITDA Reconciliations ($ millions) ($ millions) Trailing Twelve For the Three Months Ended Months September 30, Sept 30, 2025 2025 2024 NET INCOME $ 200 NET INCOME $ 55 $ 44 Plus: Plus: Interest
Slide 15: Adjusted EPS Reconciliation
Non-GAAP Financial Measures Adjusted EPS Reconciliation ($ per share) For the Three Months Ended September 30, 2025 2024 Diluted earnings per share $ 0.66 $ 0.52 Plus: One-time separation costs(a) $ 0.04 $ 0.11 Less: Tax impact of one-time separation costs(a) $ 0.01 $ 0.02 Adjusted earnings per shar
Slide 16: Free Cash Flow and Adjusted Free Cash Flow Reconciliations
Non-GAAP Financial Measures Free Cash Flow and Adjusted Free Cash Flow Reconciliations ($ millions) For the Three Months Ended Trailing Twelve September 30, Months 2025 2024 Sept 30, 2025 Cash provided by (used in) operating activities $ 82 $ 71 $ 175 Less: Capital expenditures $ 13 $ 16 $ 48 Free c
Slide 17: Atmus
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