Atmus Filtration Technologies Inc. · NYSE:ATMU
Atmus Filtration Technologies — Q1 2026 Earnings Presentation
19 slides from Atmus Filtration Technologies's earnings presentation, May 1, 2026
Slide 1: First Quarter 2026 Earnings Call
First Quarter 2026 Earnings Call May 1, 2026
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, the slide entitled “2026 Outlook” and those that are based on curren
Slide 3: Steph Disher and Jack Kienzler
Steph Disher Chief Executive Officer Jack Kienzler Chief Financial Officer | 3
Slide 4: First quarter 2026 total company financial highlights
First quarter 2026 Total company financial highlights1 $478 $33 Sales ($ millions) Adj. FCF ($ millions) 19.8% $0.69 Adj. EBITDA margin Adj. EPS 1. For the three months ended Mar. 31, 2026, GAAP net income was $48 million, diluted earnings per share was $0.59 and cash provided by operating activitie
Slide 5: Our growth strategy
Our growth strategy 1 3 Transform Grow share in our first-fit supply chain 2 4 Accelerate Expand into profitable industrial growth in the filtration aftermarket markets | 5
Slide 6: First quarter total company results
First quarter total company results For the three months ended March 31, 2026 2025 Sales $478 $417 Gross margin $137 $111 Gross margin % 28.6% 26.5% Selling, Admin & Research (SAR) $59 $55 SAR % 12.4% 13.2% Joint venture $8 $9 Other income (expense)1 ($7) $1 Adj. EBITDA2 $95 $82 Adj. EBITDA margin %
Slide 7: Segment results
Segment results Three months ended March 31, Power Solutions Industrial Solutions1 2026 2025 2026 Sales $439 $417 $38 Adj. EBITDA2 $86 $82 $8 Adj. EBITDA margin %2 19.6% 19.6% 21.9% 1. Koch Filter acquired Jan. 7, 2026. 2. See non-GAAP reconciliation in Appendix. | 7
Slide 8: Strong balance sheet and capital return
Strong balance sheet and capital return Cash flow and liquidity support growth Strong Balance Sheet Cash • $0.055 per share quarterly • Consistent long-term capital return to Supports Growth Dividend shareholders • $500M revolving credit facility1 • $171M TTM Adj. Free Cash Flow2 • $7M of share repu
Slide 9: 2026 outlook
2026 outlook Total Company Segment Sales ($ millions) Power Solutions Sales1 ($ millions) $1,945 - $2,015 $1,790 – $1,850 Adj. EBITDA 19.5% - 20.5% Industrial Solutions1 margin%1,2 $155 – $165 Adj. earnings $2.75 - $3.00 per share1,2,3 Additional Planning Assumptions Joint venture income $30 - $35 E
Slide 10: Why invest in Atmus?
Why invest in Atmus? Mission-critical products in Strong positioning and predictable and brand recognition growing end markets Technology leadership and deep industry knowledge to deliver better customer solutions Consistent and Compelling growth attractive strategy financial results Partnerships wi
Slide 11: Purpose-driven company
Purpose- driven company WITH A CULTURE SHAPED BY OUR SHARED VALUES
Slide 12: Non-GAAP Financial Measures
Non-GAAP Financial Measures
Slide 13: Non-GAAP Financial Measures
Non-GAAP Financial Measures We use non-GAAP financial information and believe it is useful to investors as it provides additional information to facilitate comparisons of historical operating results, identify trends in our underlying operating results and provide additional insight and transparency
Slide 14: EBITDA and Adjusted EBITDA Reconciliations
Non-GAAP Financial Measures EBITDA and Adjusted EBITDA Reconciliations ($ millions) For the Three Months Ended March 31, 2026 2025 NET INCOME $ 48 $ 45 Plus: Interest expense 14 8 Income tax expense 13 12 Depreciation and amortization 12 7 EBITDA $ 87 $ 72 Plus: (a) Acquisition costs $ 6 $ - One-tim
Slide 15: EBITDA Reconciliations and Net Debt
Non-GAAP Financial Measures EBITDA and Adjusted EBITDA Reconciliations and Net Debt Post Koch Filter Acquisition NET INCOME $ 211 ($ millions) Plus: Interest expense 39 Income tax expense 60 Depreciation and amortization 35 EBITDA $ 344 Plus: (a) Impairment Charges - Long-lived assets $ 8 (b) Acquis
Slide 16: Segment Adjusted EBITDA Reconciliations
Non-GAAP Financial Measures Segment Adjusted EBITDA Reconciliations ($ millions) For the Three Months Ended For the Three Months Ended March 31, 2026 March 31, 2025 Power Industrial Power Solutions Solutions Total Solutions Total External Sales $ 439 $ 38 $ 478 $ 417 $ 417 Cost of Sales 313 28 299 S
Slide 17: Adjusted EPS Reconciliation
Non-GAAP Financial Measures Adjusted EPS Reconciliation ($ per share) For the Three Months Ended March 31, 2026 2025 Diluted earnings per share $ 0.59 $ 0.54 Plus: Acquisition costs(a) $ 0.08 $ - One-time integration costs(a) 0.01 - One-time separation costs(b) - 0.11 Intangible asset amortization)(
Slide 18: 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 March 31, Months 2026 2025 March 31, 2026 Cash provided by operating activities $ 38 $ 29 $ 212 Less: Capital expenditures 13 12 54 Free cash flow $ 26 $ 16
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