Ralliant Corporation (RAL)
NYSE:RAL
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Earnings Data
Report Date
Aug 17, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.6Last Year’s EPS
0.67Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated broad positive operational and financial momentum — above-guidance Q1 results, raised full-year guidance, strong defense backlog (> $1B), T&M order recovery and a formal productivity program. These positives are balanced against near-term headwinds: semiconductor lapping effects, regional softness in Europe/ROW, tariff exposure (~$25M) and the fact that most productivity savings are still to be realized. Management offset concerns by boosting shareholder returns (expanded buyback authorization and $100M ASR) and reaffirming strong free-cash-flow conversion.Company Guidance
Revenue Growth Above Guidance
Q1 revenue of $535 million, up 11% year-over-year reported and up 9% organic; results were above the high end of guidance with a book-to-bill above 1.1x.
Segment Performance — Balanced Growth
Both segments achieved 9% organic revenue growth. Sensors & Safety Systems: $324 million, +11% reported / +9% organic. Test & Measurement: $210 million, +12% reported / +9% organic.
Adjusted EBITDA and EPS Expansion
Adjusted EBITDA margin 18.6% in Q1 (normalized improvement of ~270 basis points YoY). Adjusted diluted EPS $0.57, a 39% increase on a normalized basis.
Strong Free Cash Flow Conversion
Trailing 12-month free cash flow conversion at 105%, above the >95% target; returned $56 million to shareholders in Q1 via dividends and repurchases.
Defense & Space Momentum and Backlog
Defense & Space delivered >20% organic growth (21% referenced) and multiyear backlog now exceeds $1 billion across 40+ programs, supporting multiyear visibility (2–3 year backlog horizon).
Raised Full-Year 2026 Guidance
Updated 2026 guidance raised: revenue $2.185 billion to $2.245 billion, adjusted EBITDA margin 19.5%–20.5%, and adjusted EPS $2.53–$2.69 (company cited stronger T&M orders and defense backlog as drivers).
Enterprise Productivity Program Initiated
Launched a program targeting $50–$60 million of run-rate annualized savings by 2028; ~ $20 million of run-rate savings identified to date, with $10–$12 million of in-year savings expected in 2026 and exit-2026 run-rate of ~$20 million.
Increased Capital Returns and Share Repurchase Authorization
Board increased buyback authorization to $500 million; company began repurchases in Q1, plans a $100 million accelerated share repurchase in Q2 and will target repurchases of ~50% of free cash flow going forward.
Test & Measurement Order Momentum
Test & Measurement returned to growth with highest quarterly book-to-bill since 2022 (1.1–1.2); communications and diversified electronics showed double-digit organic growth.
Balance Sheet and Financing Actions
Ended Q1 with $268 million cash; refinanced an 18-month term loan with improved terms, supporting liquidity and capital allocation flexibility.
RAL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RAL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | $49.56 | $59.16 | +19.37% |
Feb 04, 2026 | $56.22 | $38.35 | -31.79% |
Nov 05, 2025 | $44.31 | $46.76 | +5.54% |
Aug 11, 2025 | $44.59 | $44.38 | -0.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ralliant Corporation (RAL) report earnings?
Ralliant Corporation (RAL) is schdueled to report earning on Aug 17, 2026, After Close (Confirmed).
What is Ralliant Corporation (RAL) earnings time?
Ralliant Corporation (RAL) earnings time is at Aug 17, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is RAL EPS forecast?
RAL EPS forecast for the fiscal quarter 2026 (Q2) is 0.6.