TTNDY reports record 9.9% EBIT margin in H1 2026, up 86 bps, with free cash flow at $753M.
Techtronic Industries posted a 17.5% year-over-year increase in first-half net profit to $738M, driven by margin expansion and revenue growth. Revenue rose 5.9% to $8.3B, with MILWAUKEE and RYOBI brands contributing gains in local currency.
EBIT margin reached a record 9.9%, up 86 basis points from 9.1% in the prior period. The company reaffirmed its 10.0% EBIT margin target for 2027. Free cash flow totaled $753M, with expectations for a strong second half.
Shares showed muted reaction in pre-market trading as investors digested the results against consensus estimates.