← Back to All US Stocks

Forgent Power Solutions, Inc. (FPS) Fundamental Analysis & AI Grade 2026

FPS NYSE Electrical Industrial Apparatus DE CIK: 0002080126
Updated This Month • Analysis: May 16, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
79% Confidence
STRONG AGREEMENT
C
78% Conf
C
80% Conf

📊 FPS Key Takeaways

Revenue: $958.4M
Net Margin: 3.0%
Free Cash Flow: $-49.4M
Current Ratio: 1.64x
Debt/Equity: 1.31x
EPS: $0.00
AI Grade: C with 78% confidence
Forgent Power Solutions, Inc. (FPS) receives a C fundamental grade with 79% confidence from our AI analysis based on SEC 10-K filings. With revenue of $958.4M, net profit margin of 3.0%, and return on equity (ROE) of 6.4%, Forgent Power Solutions, Inc. demonstrates mixed fundamentals in the Utilities sector. Below is our complete FPS stock analysis for 2026.

Is Forgent Power Solutions, Inc. (FPS) a Good Investment?

Claude

Forgent Power Solutions exhibits concerning fundamental weakness driven by deeply negative free cash flow (-$49.4M) despite positive operating cash flow, indicating unsustainable capital expenditure relative to earnings generation. Combined with anemic profitability (3.0% net margin, 6.4% ROE), weak interest coverage of 2.0x, and high leverage (1.31x D/E), the company faces material solvency risk if cash burn persists.

ChatGPT

Forgent Power Solutions shows a viable operating business with solid gross margin and acceptable near-term liquidity, but weak net profitability and poor cash conversion materially reduce fundamental quality. Heavy capital spending, negative free cash flow, and thin interest coverage suggest the balance sheet has limited flexibility unless earnings and operating cash flow improve meaningfully.

Forgent Power Solutions, Inc. Key Strengths (FPS)

Claude
  • + Substantial revenue base of $958.4M with reasonable gross margins of 34.5%
  • + Acceptable short-term liquidity with current ratio of 1.64x and quick ratio of 1.16x
  • + Positive operating cash flow of $35.2M demonstrates some underlying business cash generation
ChatGPT
  • + Solid 34.5% gross margin indicates pricing power or favorable product economics
  • + Positive operating income and 8.8% operating margin show the core business is profitable before financing and below-the-line costs
  • + Current ratio of 1.66x and quick ratio of 1.20x suggest adequate near-term liquidity

FPS Stock Risks: Forgent Power Solutions, Inc. Investment Risks

Claude
  • ! Negative free cash flow of -$49.4M is unsustainable; company is burning cash despite OCF positive
  • ! Critically weak profitability: net margin 3.0%, ROE 6.4%, ROA 1.5% indicate poor capital efficiency
  • ! Tight interest coverage ratio of 2.0x with $584.1M long-term debt creates refinancing and default risk
  • ! Capital intensity mismatch: $84.6M CapEx exceeds OCF, generating minimal returns on invested capital
ChatGPT
  • ! Net margin of just 1.8% leaves little cushion against cost inflation, execution issues, or demand weakness
  • ! Free cash flow of -$50.36M and operating cash flow of only $6.01M indicate weak earnings quality and poor cash conversion
  • ! Long-term debt of $583.51M with interest coverage of 1.5x creates elevated financial risk

Key Metrics to Watch

Claude
  • * Free Cash Flow trajectory and sustainability of capital expenditure levels
  • * Interest Coverage Ratio and debt service capacity
  • * Net Profit Margin expansion or contraction
ChatGPT
  • * Operating cash flow and free cash flow improvement
  • * Interest coverage and debt reduction progress

Forgent Power Solutions, Inc. (FPS) Financial Metrics & Key Ratios

Revenue
$958.4M
Net Income
$28.5M
EPS (Diluted)
$0.00
Free Cash Flow
$-49.4M
Total Assets
$1.9B
Cash Position
$93.8M

💡 AI Analyst Insight

Forgent Power Solutions, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

FPS Profit Margin, ROE & Profitability Analysis

Gross Margin 34.5%
Operating Margin 9.5%
Net Margin 3.0%
ROE 6.4%
ROA 1.5%
FCF Margin -5.2%

FPS vs Utilities Sector: How Forgent Power Solutions, Inc. Compares

How Forgent Power Solutions, Inc. compares to Utilities sector averages

Net Margin
FPS 3.0%
vs
Sector Avg 12.0%
FPS Sector
ROE
FPS 6.4%
vs
Sector Avg 10.0%
FPS Sector
Current Ratio
FPS 1.6x
vs
Sector Avg 0.8x
FPS Sector
Debt/Equity
FPS 1.3x
vs
Sector Avg 1.4x
FPS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Forgent Power Solutions, Inc. Stock Overvalued? FPS Valuation Analysis 2026

Based on fundamental analysis, Forgent Power Solutions, Inc. has mixed fundamental signals relative to the Utilities sector in 2026.

Return on Equity
6.4%
Sector avg: 10%
Net Profit Margin
3.0%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.31x
Sector avg: 1.4x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Forgent Power Solutions, Inc. Balance Sheet: FPS Debt, Cash & Liquidity

Current Ratio
1.64x
Quick Ratio
1.16x
Debt/Equity
1.31x
Debt/Assets
68.6%
Interest Coverage
1.98x
Long-term Debt
$584.1M

FPS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-5.2%
Free cash flow / Revenue

FPS Quarterly Earnings & Performance

Quarterly financial performance data for Forgent Power Solutions, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $186.2M $6.9M N/A
Q2 2026 $175.3M $246.0K N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Forgent Power Solutions, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$35.2M
Cash generated from operations
Capital Expenditures
$84.6M
Investment in assets
Dividends
None
No dividend program

FPS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Forgent Power Solutions, Inc. (CIK: 0002080126)

📋 Recent SEC Filings

Date Form Document Action
Jun 3, 2026 4 xslF345X06/ownership.xml View →
Jun 3, 2026 4 xslF345X06/ownership.xml View →
Jun 3, 2026 4 xslF345X06/ownership.xml View →
May 26, 2026 S-1 na-20260526.htm View →
May 14, 2026 10-Q fps-20260331.htm View →

Frequently Asked Questions about FPS

What is the AI rating for FPS?

Forgent Power Solutions, Inc. (FPS) has a Combined AI Grade of C from Claude (C) and ChatGPT (C) with 79% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are FPS's key strengths?

Claude: Substantial revenue base of $958.4M with reasonable gross margins of 34.5%. Acceptable short-term liquidity with current ratio of 1.64x and quick ratio of 1.16x. ChatGPT: Solid 34.5% gross margin indicates pricing power or favorable product economics. Positive operating income and 8.8% operating margin show the core business is profitable before financing and below-the-line costs.

What are the risks of investing in FPS?

Claude: Negative free cash flow of -$49.4M is unsustainable; company is burning cash despite OCF positive. Critically weak profitability: net margin 3.0%, ROE 6.4%, ROA 1.5% indicate poor capital efficiency. ChatGPT: Net margin of just 1.8% leaves little cushion against cost inflation, execution issues, or demand weakness. Free cash flow of -$50.36M and operating cash flow of only $6.01M indicate weak earnings quality and poor cash conversion.

What is FPS's revenue and growth?

Forgent Power Solutions, Inc. reported revenue of $958.4M.

Does FPS pay dividends?

Forgent Power Solutions, Inc. does not currently pay dividends.

Where can I find FPS SEC filings?

Official SEC filings for Forgent Power Solutions, Inc. (CIK: 0002080126) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FPS's EPS?

Forgent Power Solutions, Inc. has a diluted EPS of $0.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is FPS's fundamental grade?

Based on our AI fundamental analysis in June 2026, Forgent Power Solutions, Inc. has a C grade with 79% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is FPS stock overvalued or undervalued?

Valuation metrics for FPS: ROE of 6.4% (sector avg: 10%), net margin of 3.0% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is FPS's AI grade for 2026?

Our dual AI analysis gives Forgent Power Solutions, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is FPS's free cash flow?

Forgent Power Solutions, Inc.'s operating cash flow is $35.2M, with capital expenditures of $84.6M. FCF margin is -5.2%.

How does FPS compare to other Utilities stocks?

Vs Utilities sector averages: Net margin 3.0% (avg: 12%), ROE 6.4% (avg: 10%), current ratio 1.64 (avg: 0.8).

Top Rated Stocks
AAPL 92% MSFT 92% FAST 92% ANET 88% RDDT 88% KNSL 88% MGRE 88% FIZZ 88% AVGO 87% DECK 87%
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 16, 2026 | Data as of: 2026-03-31 | Powered by Claude AI