Enpro Inc. · NYSE:NPO
Enpro — Oppenheimer 20th Annual Industrial Growth Conference 2025
17 slides from Enpro's conference presentation, May 8, 2025
Slide 1: Investor Overview
Investor Overview Enpro at Oppenheimer 20th Annual Industrial Growth Conference
Slide 2: Forward-Looking Statements
Forward-Looking Statements Statements in this presentation that express a belief, expectation or intention, including the 2025 guidance and other statements that are not historical fact, are forward-looking statements under the Private Securities Litigation Reform Act of 1995. They involve a number
Slide 3: Phases of Value Creation at Enpro
Phases of Value Creation at Enpro 1.0 2.0 Resolution of Significant Portfolio Transformation & Accelerate Profitable Spin-Off Liabilities Optimization Growth 2019-2024 2025+ 2002-2018 • Innovative industrial • Premium industrial • Permanently resolved Organic 13 Divestitures technology focus technol
Slide 4: Enpro Inc. (NYSE: NPO) | Attractive Portfolio of High-Margin Businesses
Enpro Inc. (NYSE: NPO) | Attractive Portfolio of High-Margin Businesses Company Overview LTM Revenue Contribution as of March 31, 2025 Sales by Segment Sales by Channel Sales by Geography Sales by Market Headquarters Charlotte, NC Principal Manufacturing 15 Facilities Global Employees ~3,500 Financi
Slide 5: Sealing Technologies
Sealing Technologies Profile Select Products • Composed of Garlock, STEMCO, and Technetics divisions • Enduring, applied engineering expertise using leading-edge technologies and processes • Strong aftermarket in critical applications that safeguard environments • Extensive proprietary knowledge • D
Slide 6: Advanced Surface Technologies
Advanced Surface Technologies Profile Solutions • Composed of our semiconductor – NxEdge – Technetics Semi – LeanTeq – and optical coating & filter – Alluxa – businesses • Utilizes proprietary technologies and processes with highly differentiated products and solutions • Vertical integration strateg
Slide 7: Disciplined, Value-Enhancing Growth Strategy
Disciplined, Value-Enhancing Growth Strategy Strong Balance Sheet Investing in Long-Term Organic Disciplined and Supports Optionality Growth & Pursuing Strategic Balanced Capital Acquisitions Allocation ✓ Multiple sources of long-term ✓ Net leverage approximately 1.5x at organic growth, while encour
Slide 8: Balance Sheet, Cash Flow & Capital Allocation
Balance Sheet, Cash Flow & Capital Allocation $ in millions Net Debt as of March 31, 2025 Increased & Extended Credit Facility on April 9, 2025 As of March 31, 2025 As of May 1, 2025 Term Loans(1,2) $ 287 Revolving Credit Facility(1) $ 230 Senior Notes(1) $ 350 Senior Notes(1) $ 350 Capital Lease Ob
Slide 9: 2025 Guidance Reaffirmed
2025 Guidance Reaffirmed 2025 Guidance (at May 6, 2025) ~$101-103M Revenue Low to Mid-Single Digits Depreciation Growth(1) and Amortization(2) ~$50M Capital Expenditures Adjusted $262M – $277M EBITDA*(1) ~$34-36M Net Interest Expense Adjusted Diluted 25% $7.00 – $7.70 EPS*(1)(2) Normalized Tax Rate
Slide 10: Appendix
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Slide 11: Reconciliation of LTM Results
Reconciliation of LTM Results Enpro Inc. Adjusted Adjusted ($ in millions) Revenue EBITDA EBITDA Margin Three Months Ended March 31, 2025 $ 273.2 $ 67.8 24.8% Plus: Year Ended December 31, 2024 1,048.7 254.8 24.3% Less: Three Months Ended March 31, 2024 257.5 58.4 22.7% LTM Ended March 31, 2025 $ 1,
Slide 12: Consolidated Adjusted EBITDA (1/2)
Consolidated Adjusted EBITDA (1/2) For the Year Ended December 31, 2024 (In Millions) 2024 Net income 72.9 Adjustments to arrive at earnings before interest, income taxes, depreciation, amortization, and other selected items ("Adjusted EBITDA"): Interest expense, net 34.5 Income tax expense 21.5 Dep
Slide 13: Consolidated Adjusted EBITDA (2/2)
Consolidated Adjusted EBITDA (2/2) Three Months Ended For the Three Months Ended March 31, 2025 and 2024 March, (In Millions) 2025 2024 Net income $ 24.5 $ 12.5 Adjustments to arrive at earnings before interest, income taxes, depreciation, amortization, and other selected items ("Adjusted EBITDA"):
Slide 14: Segment Information (1/2)
Segment Information (1/2) For the Three Months Ended March 31, 2025 and 2024 (In Millions) Reconciliation of Income from Continuing Operations Attributable to Enpro Inc., Net of Tax to Adjusted Segment EBITDA Three Months Ended Sales March 31, Three Months Ended 2025 2024 March 31, Net income $ 24.5
Slide 15: Consolidated Adjusted Net Income
Consolidated Adjusted Net Income (In Millions, Except Per Share Data) Three Months Ended March 31, 2025 2024 Average common Average common shares outstanding, shared outstanding, $ diluted Per Share $ diluted Per Share Net income $ 24.5 21.2 $ 1.15 $ 12.5 21.1 $ 0.59 Income tax expense 7.8 1.8 Incom
Slide 16: Free Cash Flow
Free Cash Flow (In Millions) Free Cash Flow - Three Months Ended March 31, 2025 Net cash provided by operating activities $ 21.0 Purchases of property, plant, and equipment (8.0) Payments for capitalized internal-use software (1.4) $ 11.6 Free Cash Flow - Three Months Ended March 31, 2024 Net cash p
Slide 17: Thank you
Thank you 17
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