Atmus Filtration Technologies Inc. (ATMU) · Nov 6, 2026 · Earnings

Atmus earnings beat estimates as Koch Filter lifts sales

Beat — Adjusted EPS $0.77 vs ~$0.73 consensus; sales $510M vs ~$501.6M

Atmus earnings beat on sales and adjusted EPS, while Koch Filter expands the business and supports stronger cash returns.

Atmus is in the middle of turning its January 2026 Koch Filter acquisition into a second growth platform alongside its core Fleetguard business, targeting industrial HVAC, data centers and power generation. Koch Filter's strategic role was already known; this quarter tests whether the acquired business can add growth without diluting the company's operating model.

The quarter beat the market's near-term bar. Net sales reached $510.0 million, ahead of the roughly $501.6 million consensus, while adjusted EPS was $0.77 versus about $0.73-$0.74 expected. The revenue beat was helped by Koch Filter, volume, pricing and currency, while gross margin expanded to 30.3% from 28.9%.

Q3 2026Q3 2025Consensus
Net sales (Financial Statements)$510.0M (+13.9%)$447.7M$501.6M
Adjusted EPS (EPS reconciliation)$0.77$0.69$0.73-$0.74
Adjusted EBITDA (EBITDA reconciliation)$104.2M (+13.9%)$91.5M
Adjusted EBITDA margin (EBITDA reconciliation)20.4%20.4%
Adjusted free cash flow (Cash flow reconciliation)$88.4M (+23.1%)$71.8M
Industrial Solutions sales (Segment results)$41.9M

The acquisition is beginning to show up as a real operating contribution, not just an accounting add-on. Industrial Solutions generated $41.9 million of sales and $8.2 million of segment adjusted EBITDA at a 19.6% margin, while Power Solutions remained the earnings engine with $96.0 million of segment adjusted EBITDA. The more important read is that total adjusted EBITDA margin held at 20.4% despite the acquired business still being integrated.

Cash generation gives Atmus room to return more capital, but the balance sheet is carrying the acquisition. Adjusted free cash flow rose to $88.4 million, and the board replaced the $150 million authorization with a new $300 million buyback program while raising the quarterly dividend 9% to $0.06 per share. At the same time, long-term debt increased to $948.3 million from $540.0 million at year-end, reflecting the acquisition financing; that leverage makes continued execution and cash conversion important even though the quarter itself was clean.

Bottom line: This was a modestly better-than-expected quarter that validates the Koch Filter expansion without a margin setback. It strengthens Atmus's growth-and-cash-return story, but does not yet rewrite it because the acquisition's strategic promise was already established and leverage is higher.

Original filing on SEC EDGAR

More Atmus Filtration Technologies Inc. news

Atmus earnings beat estimates as Koch Filter lifts sales | ATMU Stock News
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