Risk Sleuth
CSW · 10-K filed 26 May 2026 · year to 31 Mar 2026

CSW Industrials

29 named things its latest annual report says its results depend on, each in the company's own words. 16 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Partners and platforms

JPMorgan Chase Bank, N.A.

depends on · up to $600.0 million
On November 4, 2025, we entered into a Fourth Amended and Restated Credit agreement (the "Fourth Credit Agreement") with JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and collateral agent, and the lenders, issuing banks and swingline lender party thereto.Business (Item 1)

Also named by DDS, LSTR, PAYX, UAL

Other companies

Variable rate debt (Revolving Credit Facility and TLA)

exposed to its price · $571.5 million in unhedged variable rate indebtednessnamed as a risk
At March 31, 2026, we had $571.5 million in unhedged variable rate indebtedness with an average interest rate of 5.42%, each quarter point change in interest rates would result in a change of approximately $1.4 million in our interest expense on an annual basis.Market risk (Item 7A)

Also named by COHR, DOC, MGRC, O, PKG, SNEX, SNX, TOL

Greco

$15.6 millionnamed as a risk
As a result of these initiatives, we recorded a non-cash impairment expense of $15.6 million for the Greco US and Canada businesses, and recorded additional expenses of $2.1 million in connection with the Greco Canada Exit, both of which are reported in our Engineered Building Solutions segment.Business (Item 1)

MARS Parts

$658.1 million
On November 4, 2025, we acquired 100% of the equity interests of Dusk Acquisition Corporation and its wholly owned subsidiaries, Motors & Armatures, LLC and HVAC South, LLC (collectively, “MARS Parts”) for an aggregate purchase price of $658.1 million.Business (Item 1)

Aspen Manufacturing

$327.6 million
On May 1, 2025, the Company completed the acquisition of 100% of the equity interests of Aspen Manufacturing, LLC ("Aspen Manufacturing") for an aggregate purchase price of $327.6 million, which was funded with cash on hand and borrowings under our existing Revolving Credit Facility.Business (Item 1)

HVAC/R market

concentrated innamed as a risk
A significant portion of our products are sold into the HVAC/R market, which is seasonal by nature.Business (Item 1)

Competitors

DiversiTech

competes with
In the products serving the HVAC/R end market category, we compete with DiversiTech, DuraVent, Intermatic, Little Giant, Nu-Calgon, RGF and others.Business (Item 1)

Oatey

competes with
In the products serving the plumbing end market category, we compete with BrassCraft, IPS, J.R. Smith, Mainline, Oatey and others.Business (Item 1)

Exxon Mobil

competes with
Typical competitors include Exxon-Mobil, Fuchs, Kluber, Shell and South Coast Products.Business (Item 1)

Construction Specialties

competes with
In the architecturally-specified building component, we compete primarily with Construction Specialties, Emseal and InPro on the basis of product quality, price and driving architectural specifications.Business (Item 1)

Places

Vietnam

operates in · approximately 1,200 of which are located in Vietnamnamed as a risk
We have significant manufacturing operations in Vietnam, in addition to using third parties located in China and elsewhere outside the United States to manufacture some of our products.Risk factors (Item 1A)

Also named by AAPL, AMKR, ANET, ASO, BBW, CGNX, CIEN, CROX and 16 more

China

depends onnamed as a risk
We also use third parties to manufacture certain of our products, most of which are located in jurisdictions outside the United States, including China.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

Strait of Hormuz

named as a risk
The ongoing conflict in the Middle East, including active military operations in Iran beginning February 28, 2026, has contributed to disruptions in global shipping lanes, particularly through the Strait of Hormuz and the broader Persian Gulf region.Risk factors (Item 1A)

Also named by BBY, DDS, DKS, LRCX, NXT, WSM

Hazards

Hurricanes

named as a risk
For example, hurricanes may affect our facilities or our information systems could fail as a result of breakdown, malicious attacks, unauthorized access, viruses or other factors, which could severely impair several aspects of operations, including, but not limited to, logistics, revenues, customer service and administration.Risk factors (Item 1A)

Also named by AIG, AN, ASO, BAC, BBY, BJ, BPOP, BRO and 89 more

Commodities and inputs

Vietnamese dong

exposed to its price · approximately 6%named as a risk
Based on a sensitivity analysis as of March 31, 2026, a 10% change in the foreign currency exchange rates for the year ended March 31, 2026 would have impacted our income by approximately 6%.Market risk (Item 7A)

Also named by BBW, RH

Steel

exposed to its pricenamed as a risk
We rely on suppliers and commodity markets to secure components and raw materials such as base oils, copper flakes, steel, aluminum, polyvinyl chloride and tetra-hydrofuran.Business (Item 1)

Also named by AAON, AGX, ALSN, AM, AME, AMRC, AOS, APD and 104 more

Aluminum

exposed to its pricenamed as a risk
We rely on suppliers and commodity markets to secure components and raw materials such as base oils, copper flakes, steel, aluminum, polyvinyl chloride and tetra-hydrofuran.Business (Item 1)

Also named by AAON, ACHR, ALSN, AYI, BA, BALL, BF/B, BWA and 59 more

Copper

exposed to its pricenamed as a risk
We rely on suppliers and commodity markets to secure components and raw materials such as base oils, copper flakes, steel, aluminum, polyvinyl chloride and tetra-hydrofuran.Business (Item 1)

Also named by AAON, AGX, AMKR, APG, APH, APLD, BMI, BWA and 58 more

Oil and gas prices

exposed to its pricenamed as a risk
Our operations and earnings may also be affected by changes in oil, gas and petrochemical prices and drilling activities, which depend on local, regional and global events or conditions that affect supply and demand for the relevant commodity.Risk factors (Item 1A)

Also named by FLR, POWL

Polyvinyl chloride (PVC)

exposed to its pricenamed as a risk
We rely on suppliers and commodity markets to secure components and raw materials such as base oils, copper flakes, steel, aluminum, polyvinyl chloride and tetra-hydrofuran.Business (Item 1)

Also named by BAX

Base oils

exposed to its pricenamed as a risk
We rely on suppliers and commodity markets to secure components and raw materials such as base oils, copper flakes, steel, aluminum, polyvinyl chloride and tetra-hydrofuran.Business (Item 1)

Tetrahydrofuran

exposed to its pricenamed as a risk
We rely on suppliers and commodity markets to secure components and raw materials such as base oils, copper flakes, steel, aluminum, polyvinyl chloride and tetra-hydrofuran.Business (Item 1)

Regulators

Occupational Safety and Health Administration (OSHA)

subject tonamed as a risk
The Occupational Safety and Health Administration limits the permissible employee exposure to some of those materials.Risk factors (Item 1A)

Also named by BLDR, CTOS, ECG, FIX, GVA, HLIO, IBP, PRIM and 7 more

Laws and programs

U.S. Foreign Corrupt Practices Act (FCPA)

subject tonamed as a risk
We conduct business in a number of jurisdictions that pose a high risk of potential FCPA violations, and we participate in relationships with third parties whose actions could potentially subject us to liability under the FCPA or other anti-corruption laws.Risk factors (Item 1A)

Also named by A, ADBE, ADP, AIR, AJG, ALB, AME, AMZN and 112 more

International Emergency Economic Powers Act (IEEPA) tariffs

subject tonamed as a risk
The ruling may allow for recovery of IEEPA tariff amounts previously paid, although the timing and administration of any potential IEEPA tariff refunds is uncertain and may be subject to further legal and regulatory developments.Risk factors (Item 1A)

Also named by AAOI, ANET, ARW, COHR, DECK, FIVE, IBP, KLAC and 8 more

U.S. tariffs on steel, aluminum and copper

subject tonamed as a risk
In addition, the United States has imposed and/or reimposed certain commodity-specific tariffs, including tariffs on steel, aluminum and copper, which are used as inputs for some of our products.Risk factors (Item 1A)

Also named by CIEN, SRE, WHR

U.S. reciprocal country-specific tariffs

subject tonamed as a risk
Since February 2025, the President of the United States has issued various executive orders to regulate imports by imposing reciprocal country-specific tariffs on multiple nations around the world, including Vietnam and China (among other jurisdictions).Risk factors (Item 1A)

Building codes

subject tonamed as a risk
In addition, we benefit from certain regulations, including building code regulations, which require the use of products that we and other manufacturers sell.Risk factors (Item 1A)

California climate disclosure law

subject tonamed as a risk
California has enacted a climate disclosure law that, if not overturned in ongoing litigation, will require us to report our greenhouse gas emissions by August 10, 2026.Risk factors (Item 1A)