Enerpac Tool Group Corp (NYSE: EPAC) is an industrial tools and services company that designs, manufactures, and distributes branded hydraulic and mechanical tools while providing related services and tool rental across more than 100 countries. The company generates revenue through product sales and service contracts, with product sales reaching $500 million and total consolidated net sales of $617 million in fiscal year ended August 31, 2025. Founded in 1910 and headquartered in Milwaukee, Wisconsin, Enerpac operates through one reportable segment, Industrial Tools & Services (IT&S), serving end markets including refinery/petrochemical, power generation, infrastructure, mining, industrial MRO, and machining and manufacturing. In fiscal 2025, 37% of net sales came from the United States, 28% from Europe, 13% from the Middle East, 11% from Asia, and 11% from other geographic areas. The company pays a nominal dividend, declaring $0.04 per share in fiscal 2025.

Revenue model

Transactional product sales plus service and tool rental fees. Product sales were $500 million in fiscal 2025, up 6% from fiscal 2024. Service revenue makes up the remainder of $617 million total net sales. Revenue is not subject to significant seasonal fluctuations, though the second half of the fiscal year is typically stronger.

Products and services

High-force hydraulic and mechanical tools including cylinders, pumps, valves, bolt tensioners, hydraulic torque wrenches, specialty tools, and highly engineered heavy lifting technology solutions. The company also provides tool rental and services. In fiscal 2025, the company acquired DTA, which contributed $20 million in incremental product sales. The Cortland Medical business is also included in the product portfolio.

Customers and end markets

Broad industrial customer base across refinery/petrochemical, general industrial, industrial MRO, machining and manufacturing, power generation, infrastructure, and mining markets. No single customer concentration disclosed in the filing excerpts. Customers are global, spanning more than 100 countries.

Value-chain role

Designer, manufacturer, and distributor of branded industrial tools. Manufacturing activities consist primarily of assembly operations. Sources materials and components including steel, aluminum, plastic resin, brass, steel wire, and rubber from a network of global suppliers. Order backlog was $54 million at August 31, 2025, up from $41 million at August 31, 2024, with a short order-to-ship cycle.

Geographic exposure

United States: 37% of net sales (FY2025). Europe: 28%. Middle East: 13%. Asia: 11%. Other: 11%. Operations span more than 100 countries. New headquarters located in Milwaukee, Wisconsin.

Source: SEC 10-K, filed 2025-10-17

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