Twin Disc Inc., listed as TWIN on the NASDAQ, is an American manufacturing company that specializes in the design, manufacture, and sale of marine and heavy-duty off-highway power transmission and propulsion equipment. The company's products are used globally in various applications, including those in commercial, pleasure, and military crafts, as well as in off-highway vehicles and equipment in energy, mining, and other industries.
The company was established in Racine, Wisconsin, in 1918. Twin Disc's initial product, a twin disc clutch, was developed for tractors to make them more efficient and easier to operate. The company went on to diversify its product line, shifting its success into the marine and industrial sectors over time.
Twin Disc has built a reputation for engineering and manufacturing durability, quality, and reliability into all its products. Its renowned products include marine transmissions, surface drives, propellers, as well as hydraulic torque converters, power take-offs, reduction gears, and industrial clutches and controls.
The success of the company has largely been through their expertise in power transmission technology and continues delivering innovative solutions to meet emerging global demands. With its continuous commitment to quality and functionality, Twin Disc's products are recognized for their performance, durability, and longevity.
Twin Disc Inc. operates globally from its Wisconsin base, with a significant presence in the US, Europe, Asia, and the Pacific Rim. The firm has a vast worldwide network consisting of approximately 250 distributor sales and service centers around the world. This gives the company a competitive edge to serve customers effectively, providing a broad range through direct sales, distributors, and service centers.
Whether on land or sea, Twin Disc plays a pivotal role in powering applications that drive the international economy. The company is committed to providing innovative, robust solutions that perform under the most demanding conditions, thus living up to its reputation as a world leader in advanced power transmission and propulsion technologies.
As an environmentally conscious organization, Twin Disc is also dedicated to the responsibility of safeguarding the environment, with efforts geared towards reducing emissions and ensuring products are as eco-friendly as possible.
Twin Disc has also played a pivotal role in various groundbreaking technological advancements throughout its century-long history, constantly evolving to keep pace with the everchanging landscape.
The company's success can be attributed to its relentless focus on innovation, quality, and customer service, which has resulted in strong brand loyalty from its diverse customer base. Overall, Twin Disc Inc. stands as a globally respected player in the marine and off-highway power transmission equipment industry.
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Twin Disc Inc. reported strong fiscal 2027 Q1 results with revenue of $88.7 million, a 10.9% year-over-year increase, driven by significant demand in defense and industrial sectors. Net income rose to $3.5 million and EBITDA increased by 63%, reflecting improved operating leverage and disciplined inventory management. The company achieved a record six-month backlog of $191 million, with defense accounting for 24% of the total backlog due to U.S. Navy and NATO orders, and reaffirmed its long-term revenue target of $500 million by 2030 with a 30% gross margin.
Twin Disc, Incorporated (NASDAQ:TWIN) has declared a quarterly dividend of $0.05 per share, payable on December 1st to shareholders of record on November 18th. This amounts to an annualized dividend of $0.20 and a dividend yield of 0.8%. The company's recent quarterly earnings surpassed expectations, reporting $0.64 EPS on $114.4 million in revenue.
Juliann Larimer, a Director at Twin Disc (NASDAQ:TWIN), acquired 3,831 restricted shares of the company's common stock on October 29, 2026. This acquisition, made at $26.101 per share under an incentive plan, increased her direct beneficial ownership to 32,438 shares. The shares are set to vest at the next annual shareholders' meeting.