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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and Northwest Bancshares, Inc. (NWBI). Click either name above to swap in a different company.

CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $175.1M, roughly 1.3× Northwest Bancshares, Inc.). Northwest Bancshares, Inc. runs the higher net margin — 28.9% vs 4.4%, a 24.5% gap on every dollar of revenue. Over the past eight quarters, Northwest Bancshares, Inc.'s revenue compounded faster (33.7% CAGR vs 5.1%).

Northwest Bank is a bank headquartered in Warren, Pennsylvania. It is the leading subsidiary of Northwest Bancshares, Inc., a bank holding company, and operates 151 branches in Pennsylvania, Western New York, Northeast Ohio, Appalachian Ohio, and Indiana.

CSW vs NWBI — Head-to-Head

Bigger by revenue
CSW
CSW
1.3× larger
CSW
$233.0M
$175.1M
NWBI
Higher net margin
NWBI
NWBI
24.5% more per $
NWBI
28.9%
4.4%
CSW
Faster 2-yr revenue CAGR
NWBI
NWBI
Annualised
NWBI
33.7%
5.1%
CSW

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
CSW
CSW
NWBI
NWBI
Revenue
$233.0M
$175.1M
Net Profit
$10.3M
$50.5M
Gross Margin
39.7%
Operating Margin
7.4%
Net Margin
4.4%
28.9%
Revenue YoY
20.3%
Net Profit YoY
-61.9%
EPS (diluted)
$0.62
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CSW
CSW
NWBI
NWBI
Q1 26
$175.1M
Q4 25
$233.0M
$179.9M
Q3 25
$277.0M
$168.2M
Q2 25
$263.6M
$150.4M
Q1 25
$230.5M
$156.2M
Q4 24
$193.6M
$154.3M
Q3 24
$227.9M
$139.1M
Q2 24
$226.2M
$98.0M
Net Profit
CSW
CSW
NWBI
NWBI
Q1 26
$50.5M
Q4 25
$10.3M
Q3 25
$40.7M
$3.2M
Q2 25
$40.9M
$33.7M
Q1 25
$35.1M
$43.5M
Q4 24
$26.9M
Q3 24
$36.1M
$33.6M
Q2 24
$38.6M
$4.7M
Gross Margin
CSW
CSW
NWBI
NWBI
Q1 26
Q4 25
39.7%
Q3 25
43.0%
Q2 25
43.8%
Q1 25
44.2%
Q4 24
41.4%
Q3 24
45.6%
Q2 24
47.5%
Operating Margin
CSW
CSW
NWBI
NWBI
Q1 26
Q4 25
7.4%
32.6%
Q3 25
20.5%
2.1%
Q2 25
20.8%
29.3%
Q1 25
19.5%
36.2%
Q4 24
15.3%
27.5%
Q3 24
22.6%
31.3%
Q2 24
24.3%
6.1%
Net Margin
CSW
CSW
NWBI
NWBI
Q1 26
28.9%
Q4 25
4.4%
Q3 25
14.7%
1.9%
Q2 25
15.5%
22.4%
Q1 25
15.2%
27.8%
Q4 24
13.9%
Q3 24
15.8%
24.2%
Q2 24
17.1%
4.8%
EPS (diluted)
CSW
CSW
NWBI
NWBI
Q1 26
$0.34
Q4 25
$0.62
$0.30
Q3 25
$2.41
$0.02
Q2 25
$2.43
$0.26
Q1 25
$2.05
$0.34
Q4 24
$1.60
$0.26
Q3 24
$2.26
$0.26
Q2 24
$2.47
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CSW
CSW
NWBI
NWBI
Cash + ST InvestmentsLiquidity on hand
$40.2M
$286.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$1.9B
Total Assets
$2.3B
$16.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSW
CSW
NWBI
NWBI
Q1 26
$286.7M
Q4 25
$40.2M
Q3 25
$31.5M
Q2 25
$38.0M
Q1 25
$225.8M
Q4 24
$213.8M
Q3 24
$273.2M
Q2 24
$18.9M
Total Debt
CSW
CSW
NWBI
NWBI
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
$800.1M
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CSW
CSW
NWBI
NWBI
Q1 26
$1.9B
Q4 25
$1.1B
$1.9B
Q3 25
$1.1B
$1.9B
Q2 25
$1.1B
$1.6B
Q1 25
$1.1B
$1.6B
Q4 24
$1.0B
$1.6B
Q3 24
$1.0B
$1.6B
Q2 24
$650.2M
$1.6B
Total Assets
CSW
CSW
NWBI
NWBI
Q1 26
$16.9B
Q4 25
$2.3B
$16.8B
Q3 25
$1.5B
$16.4B
Q2 25
$1.5B
$14.5B
Q1 25
$1.4B
$14.5B
Q4 24
$1.4B
$14.4B
Q3 24
$1.4B
$14.4B
Q2 24
$1.1B
$14.4B
Debt / Equity
CSW
CSW
NWBI
NWBI
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
0.75×
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CSW
CSW
NWBI
NWBI
Operating Cash FlowLast quarter
$28.9M
Free Cash FlowOCF − Capex
$22.7M
FCF MarginFCF / Revenue
9.8%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
2.81×
TTM Free Cash FlowTrailing 4 quarters
$162.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSW
CSW
NWBI
NWBI
Q1 26
Q4 25
$28.9M
$153.4M
Q3 25
$61.8M
$41.9M
Q2 25
$60.6M
$-2.3M
Q1 25
$27.3M
$107.6M
Q4 24
$11.6M
$127.7M
Q3 24
$66.8M
$93.3M
Q2 24
$62.7M
$40.7M
Free Cash Flow
CSW
CSW
NWBI
NWBI
Q1 26
Q4 25
$22.7M
$141.8M
Q3 25
$58.7M
$38.3M
Q2 25
$57.7M
$-6.0M
Q1 25
$22.8M
$105.8M
Q4 24
$8.5M
$125.4M
Q3 24
$61.3M
$93.2M
Q2 24
$59.6M
$37.2M
FCF Margin
CSW
CSW
NWBI
NWBI
Q1 26
Q4 25
9.8%
78.8%
Q3 25
21.2%
22.8%
Q2 25
21.9%
-4.0%
Q1 25
9.9%
67.7%
Q4 24
4.4%
81.3%
Q3 24
26.9%
67.0%
Q2 24
26.3%
37.9%
Capex Intensity
CSW
CSW
NWBI
NWBI
Q1 26
Q4 25
2.6%
6.5%
Q3 25
1.1%
2.2%
Q2 25
1.1%
2.4%
Q1 25
2.0%
1.2%
Q4 24
1.6%
1.5%
Q3 24
2.4%
0.1%
Q2 24
1.4%
3.6%
Cash Conversion
CSW
CSW
NWBI
NWBI
Q1 26
Q4 25
2.81×
Q3 25
1.52×
13.24×
Q2 25
1.48×
-0.07×
Q1 25
0.78×
2.48×
Q4 24
0.43×
Q3 24
1.85×
2.77×
Q2 24
1.62×
8.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

NWBI
NWBI

Net Interest Income$142.5M81%
Noninterest Income$32.6M19%

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